Tech Brew Ride Home Tue. 06/18 – Adobe’s Time In The Woodshed
Jun 18, 2024
Adobe faces scrutiny over misleading subscription practices, raising questions about consumer rights. Apple teeters on the edge of a settlement with the EU while discontinuing its Buy Now, Pay Later service. Meanwhile, Meta rolls out its Threads API, enhancing social media interactions. Tether introduces an innovative gold-backed synthetic dollar, shaking up digital payments. Waymo's robotaxi service gains momentum, hinting at a future where autonomous rides may become the norm.
AI Snips
Chapters
Transcript
Episode notes
Adobe Sued for Subscription Practices
- The Department of Justice is suing Adobe for deceptive subscription practices.
- These practices allegedly make it difficult for consumers to cancel subscriptions and involve hidden fees.
Apple's Potential EU Settlement
- Apple might settle an EU antitrust investigation regarding its payment practices.
- This settlement involves providing developers free access to its NFC technology.
Vestager's Concerns Over Apple and DMA
- EU Commissioner Margrethe Vestager expressed concerns over Apple's potential non-compliance with the Digital Markets Act (DMA).
- Apple faces potential fines up to 10% of its annual turnover if found in breach.