Monthly Archives: August 2022

What a K-shaped recovery means, and how it highlights a nation’s economic inequalities

A K-shaped recovery is characterized by contradictory trends: Certain professions and classes of people thrive, while others continue on a downward path. Justin Sullivan/Getty Images A K-shaped recovery is an unusual scenario where certain industries and individuals pull out of a recession, while others stagnate.A K-shaped recovery essentially splits an economy in two, with the…

CIBC Bank USA review: Savings account and CDs with high interest rates, but you’ll need to deposit $1,000 or more

CIBC Bank USA is the US division of the Toronto-based bank, Canadian Imperial Bank of Commerce. CIBC Bank; Insider Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms…

A string of mishaps shows how tricky it can be to keep the aircraft on aircraft carriers

An F-35C launches from USS Abraham Lincoln in the Philippine Sea, February 22, 2022. US Navy/MCS3 Michael Singley Over the past year, three US and British jets have gone overboard off of aircraft carriers. Two jets had mishaps during flight operations and another jet went overboard in rough seas. The incidents illustrate the complexity of…

Microsoft claims Sony pays developers “blocking rights” to keep games off Xbox Game Pass

In a lengthy document submitted to the Brazilian government as part of its investigation into Microsoft’s acquisition of Activision Blizzard, Microsoft has claimed Sony pays developers “blocking rights” to prevent games from appearing on Xbox Game Pass. The accusation appears in a 27-page rebuttal of Sony’s recent objections to Microsoft’s Activision Blizzard buyout, made to…

‘It’s Time for Apple to Fix Texting’ Says New Android Website Pushing RCS Messaging Technology

Google’s Android team today launched a new “Get the Message” website that again calls on Apple to adopt Rich Communication Services or RCS for the Messages app. Google has been pushing Apple to adopt RCS for months now, with no response from Apple. RCS is designed to replace the current SMS messaging standard. It offers…

FCC rejects Starlink’s bid for rural internet subsidies due to its $600 satellite dish

Photo by Nilay Patel / The Verge The Federal Communications Commission (FCC) has rejected Starlink’s application for $885 million in federal subsidies that it would use to provide satellite internet to broadband customers in rural areas. The FCC states that the SpaceX-owned company’s dish is simply too expensive and that Starlink “failed to demonstrate” that…