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What does the Avengers: Infinity War post-credits scene mean? – CNET

Spoilers ahead! Avengers: Infinity War ends with one of the best after-credits scenes yet. Let’s break it down.
Source: CNET

T-Mobile is reportedly much closer to a merger deal with Sprint

It looks like a potential merger deal between T-Mobile and Sprint, two of the major telecom companies in the U.S., is getting closer and now has set valuation terms, according to a report by Bloomberg.

The deal could be announced as soon as Sunday, according to a report by CNBC. The proposed tie-up of the two companies was called off in November last year, but now that deal appears to be coming closer, with T-Mobile’s backer valuing Sprint at around $24 billion, according to Bloomberg. As part of the deal, Deutsche Telekom AG will get a 69% voting interest on a 42% stake in the company, according to that report. (Both reports, however, disagree on the valuation — with CNBC citing a $26 billion valuation.)

This deal seems to have been a long time coming, and consolidates two of the four major telecom providers in the U.S. into one larger entity. That could, in theory, offer it some more flexibility as they expand into 5G networks. Still, a deal of this scale could still fall apart and would be subject to regulation — with significant international ownership of both companies (Softbank for Sprint, and Deutsche Telekom for T-Mobile).

Sprint shares fell more than 8% in extended trading to under $6, while T-Mobile shares were largely unchanged. Shares of Sprint were up around 8% on the day up to $6.50 in early trading.

A representative from Sprint declined to comment. A representative from T-Mobile did not immediately respond to a request for comment.


Source: TechCrunch

Apple is developing a combo VR-AR headset video – CNET

The headset, slated for 2020, would be wireless and use Apple’s own chips. Though the company has incorporated augmented reality into its phones, this would be Apple’s first big foray into virtual reality.
Source: CNET

Apple’s rumored wireless mixed reality glasses could launch in 2020

Apple is working on its own mixed reality headset. With an 8K display for each eye, the glasses, which combines augmented and virtual reality technologies, may arrive in 2020 with custom Apple components to deliver a wireless experience.

The post Apple’s rumored wireless mixed reality glasses could launch in 2020 appeared first on Digital Trends.


Source: Digital trends

Why the New Snap Spectacles Matter

Want to see the future? Try squinting through Spectacles.
Source: Wired

T-Mobile and Sprint could merge as soon as this weekend – CNET

The two US carriers could tie the knot sooner than we thought, according to a new report.
Source: CNET

3 easy ways to make this allergy season less horrible – CNET

Tired of sneezing? Combine some tech and some smart home tips to fend off allergens.
Source: CNET

Backing it up with Ford's trailer backup assist video – Roadshow

The confidence-building technology makes it easier to reverse a trailer.
Source: CNET

Why the tech industry should care about the farm bill being drafted right now

For some food stamp recipients, 2018 could shape up to be a particularly aggravating year, including for one of the only startups trying to find ways to innovate on the ways that food stamps are delivered and managed.

It’s not something that’s talked about much in tech circles, but perhaps it should be, given that 42 million Americans rely on the more than 50-year-old, anti-hunger program behind the stamps — called the Supplemental Nutrition Assistance Program, or SNAP — for basic food assistance.

What’s the problem? It’s twofold essentially. First, let’s take a look at the farm bill, which subsidizes SNAP.

The farm bill, which got its start in 1933 as part of FDR’s New Deal legislation, expires and is updated and passed anew by Congress every five years, after which the sitting U.S. president signs it into law. The last bill was signed in February of 2014, so Congress is working on the next version now. But things aren’t looking very promising for SNAP recipients. Already, the first draft of the House Republicans’ farm bill, which passed through one committee, looks to cut $20 billion from the program over the next 10 years, potentially cutting off two million people in the process.

The cuts will be debated on the House floor beginning early next month, meaning it’s far from clear what happens from here. While Republicans argue they want to promote self-sufficiency (the cuts are expected to come via tightened work requirements), poverty experts see the proposal as chipping away at the already shrinking safety net for America’s most vulnerable. As an article about the bill in Vox notes, half of the 42 million people who are living below the poverty line and relying on SNAP for food assistance are children.

By now you might be wondering what startups have to do with any of this. Stick with us.

Propel, a four-year-old, Brooklyn-based company, makes software for low-income individuals. Its founder, Jimmy Chen, is a former Facebook manager who knows about need; he receive a full scholarship to Stanford based on it.

Propel is a for-profit enterprise. It has raised $5.2 million in outside funding, including from Andreessen Horowitz, the Omidyar Network, and the Center for Financial Services Innovation. It makes money through marketing. For example, though its app primarily helps food stamp recipients check their balances (something they’ve historically had to keep track of themselves or by calling an 800 number), Propel’s features also include coupons and notices about job opportunities, and it receives referrals fees from both food companies and employers for these services.

Still, the 11-person outfit remains rare in its focus on improving a public sector service, which is perhaps why more than 1 million people — or roughly 5 percent of SNAP participants — now actively use its technology. Indeed, the company’s app, which also enables users to create shopping lists, has grown its user base fourfold over the last eight months alone, largely via families telling other families.

Alas, Propel is newly in the crosshairs of a much bigger company that worries Propel is encroaching on its territory. Big government contractor Conduent — which runs the food stamp networks in roughly of all U.S. states — and which manages the database that Propel’s app relies on to help people check their accounts, keeps finding ways to cut off Propel’s access. It’s hamstringing Propel’s users in the process, some recently told the New York Times. (One young mother of two sons said she lost access to the time-saving app for a month.)

Conduent says it’s just protecting itself. In emailed replies to questions from the Times, Conduent said that Propel’s smartphone was launched “without the knowledge, input or consent from Conduent.” It further accused Propel of creating a “capacity ambush,” owing to its data requests. It said its measures were aimed to preventing the “unauthorized access to data — from Propel or any other unauthorized user.”

Chen calls it a misunderstanding. “We saw an opportunity for [the food stamp program] to be part of a modern financial product, to create digital tools that can reduce the stigma of poverty that people were experiencing at the cash register,” including by “creating a plastic card that they just swipe at the register” — like the rest of us.

Propel has taken a “fairly conservative approach to data” he adds. Because Propel is dealing with highly sensitive information, it doesn’t run data in the background of anyone’s phone, retrieving information only when someone opens the app, which he says users do seven times a month, on average.

Most important, says Chen, Propel isn’t trying to replace Conduent or any of a small number of other electronic benefit transfer (EBT) processors that make money via contracts with states. “We’re a direct-to-consumer software play that makes no money from the government and is not looking to [secure] government contracts. Instead of trying to displace them, we’re trying to work with them, and we think we can do it in a way that’s productive for all parties.”

Which takes us back to that farm bill.

If Conduent can’t be persuaded to see Propel’s side of the story, the startup — and others trying to help low-income Americans — may have no recourse, not unless Congress steps in. In fact, part of why the farm bill is reauthorized on a regular basis owes to changes in modern tech.

While lawmakers fight to see how much of its budget they can cut, they might also take into consideration stories like that of Propel, and well-meaning founders like Chen. Maybe they think a government contractor should be able to stamp out a company that it sees as competitive. We hope they do not. If they want to see more startups innovate on behalf of low-income Americans — and they should — they need to protect the companies doing the innovating. Updating the farm bill to protect these kinds of emerging and civic-minded technologies is at least one step in the right direction.


Source: TechCrunch

MoviePass just limited 'unlimited' movie watching in a huge way – CNET

The monthly subscription service won’t let you see the same movie twice.
Source: CNET

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