"A line idle for decades has been accused of starting the LA area's deadly Eaton Fire," writes Bloomberg, describing California's abandoned power lines as "a fire risk hiding in plain sight." [Abandoned power lines] fall out of use, either because they've been replaced or because the power plants they once connected to the grid shut down... Sometimes the utilities that own idled lines disconnect them from the power grid, cutting off the flow of electricity through the cables. Other times, they don't, keeping them energized. California regulations require the companies to remove power lines they don't anticipate using again, but there's no set deadline. The companies can keep idled lines in place if they foresee needing them in the future, so long as they're regularly inspected and maintained.

Even those that have been unplugged from the grid can potentially pose a danger. The line under scrutiny due to the Eaton Fire is owned by Edison International's Southern California utility and was retired in 1971. Under normal circumstances, it carries no electricity, according to the company. Lawyers suing Edison allege that a January 7 power surge on a nearby, active line created a magnetic field that briefly re-energized the dormant cable, setting off the sparks that ignited the blaze. Edison said in a state filing that it is investigating that theory. State investigators have yet to announce a cause for the fire.
A 2019 fire that burned 77,700 acres (31,444 hectares) was started by an old power line for a plant that closed in 2001, according to the article. PG&E, the state's largest utility, "hadn't removed it, and it stayed connected to the grid, energized." [PG&E] agreed to remove 72 permanently abandoned transmission lines — representing about 260 miles (418 kilometers) of dormant cables. The work could cost as much as $268 million spread over 10 years, the company estimated at the time. PG&E had removed 64 of the idled lines by the end of 2024, according to a spokesman.

"At the right conditions, failing idle facilities can pose significant wildfire and safety risks," PG&E said in its plan to remove the equipment.
Thanks to long-time Slashdot reader larryjoe for sharing the news.

According to Bloomberg, YouTube plans to introduce a lower-priced, ad-free version of its paid video service. From the report: The package, dubbed "premium lite," will be announced soon in the US, Australia, Germany and Thailand, according to a person familiar with the plans. The service will target viewers who primarily want to watch programs other than music videos. While YouTube may be best known for the free videos uploaded by users, the company also offers a variety of paid services. YouTube Premium is a $13.99-a-month package in the US that lets subscribers watch everything on the service, including music videos, without ads.

"As part of our commitment to provide our users with more choice and flexibility, we've been testing a new YouTube Premium offering with most videos ad-free in several of our markets," a YouTube spokesperson said in a statement. "We're hoping to expand this offering to even more users in the future with our partners' support."

The U.S. Federal Trade Commission has launched an inquiry into potential "censorship" by technology platforms ranging from Meta to Uber, marking an escalation in scrutiny of content moderation practices. FTC Chair Andrew Ferguson called for public comment on what he termed "Big Tech censorship," describing it as "un-American" and "potentially illegal."

The broad probe could examine social media, video sharing, ride-sharing and event planning services. The announcement follows long-standing Republican claims that conservative viewpoints face discrimination on social media platforms.

An anonymous reader quotes a report from Bloomberg: Niantic, the company behind the 2016 hit Pokemon Go, is in talks to sell its video-game business to Saudi Arabia-owned Scopely, according to several people familiar with the discussions. A deal could be announced in coming weeks. The price being discussed is about $3.5 billion, according to one of the people. Any agreement would involve the Pokemon title as well as other mobile games, according to the people, who asked not to be identified because the discussions are private. There's no assurance an agreement will be reached.

California is "considering state ownership of one or more oil refineries," reports the Los Angeles Times.

They call the idea "one item on a list of options presented by the California Energy Commission to ensure steady gas supplies as oil companies pull back from the refinery business in the state." "The state recognizes that they're on a pathway to more refinery closures," said Skip York, chief energy strategist at energy consultant Turner Mason & Co. The risk to consumers and the state's economy, he said, is gasoline supply disappearing faster than consumer demand, resulting in fuel shortages, higher prices and severe logistical challenges.

Gasoline demand is falling in California, albeit slowly, for two reasons: more efficient gasoline engines, and the increasing number of electric vehicles on the road. Gasoline consumption in California peaked in 2005 and fell 15% through 2023, according to the Union of Concerned Scientists. Electric vehicles, including plug-in hybrids, now represent about 25% of annual new car sales... The drop in demand is causing fundamental strategic shifts among the state's major oil refiners: Chevron, Marathon, Phillips 66, PBF Energy and Valero.

Already, two California refineries have ceased producing gasoline to make biodiesel fuel for use in heavy-duty trucks, a cleaner-fuel alternative that enjoys rich state subsidies. More worrisome, the Phillips 66 refinery complex in Wilmington, just outside Los Angeles, plans to close down permanently by year's end. That leaves eight major refineries in California capable of producing gasoline. The closure of any one would create serious gasoline supply issues, industry analysts say. But both Chevron and Valero are contemplating permanent refinery closures. The implications? "Demand will decline gradually," York said, "but supply will fall out in chunks." What's unknown is how many refineries will close, and how soon, and how that will affect supply and demand...

A state refinery takeover seems like a radical idea, but the fact that it's being considered demonstrates the seriousness of the supply issue. It's one of several option laid out by the California Energy Commission, which is fulfilling a legislative order to find ways to ensure "a reliable supply of affordable and safe transportation fuels in California." The options list is disparate: Ship in more gasoline from Asia; regulate refineries on the order of electric utilities; cap profit margins; and many more.
92% of California's gas is produced in refineries, the Times reports. But the special gasoline blends required to reduce air pollution "also drive up gasoline prices and raise the risk of shortages, because little such gasoline is produced outside California."

Yahoo Finance shares an interesting prediction. Amazon has an "under-the-radar robot push" that "could boost its profit margins big-time, Morgan Stanley managing director Brian Nowak said." Nowak said Amazon has quietly developed six significant next-generation fulfillment centers in the past three years that bring automation front and center... Amazon now has industrial robots that can increase efficiencies across the storage, inventory management, pick and packing, and sorting order fulfillment processes.

Fulfillment costs make up about 20% of Amazon's retail revenue, so he reasoned that automation could have a significant impact on long-term operating profit potential. Nowak says if 30% to 40% of Amazon's US units were fulfilled through next-generation robotics-enabled warehouses by 2030, it could lead to $10 billion-plus of savings... The investments in robots may already be paying off. Amazon's North America retail operating margins on a trailing 12-month basis have risen for five straight quarters. North America operating margins improved to 6.2% from 4.6% a year ago.
Nowak made the remarks on a Yahoo Finance podcast (at the top of their article) after touring one of Amazon's robot-enhanced sites in Louisiana. He believes robotics can drive down Amazon's costs compared to other retailers like Target (which he sees as lagging behind Amazon on robotics).

Meanwhile workers at an Amazon facility in North Carolina held a vote Saturday on whether to unionize. But roughly 75% of the workers voted against unionization.

Bloomberg reports that Apple's long-promised overhaul for Siri "is facing engineering problems and software bugs, threatening to postpone or limit its release, according to people with knowledge of the matter...." Last June, Apple touted three major enhancements coming to Siri:

- the ability to tap into a customer's data to better answer queries and take actions.
- a new system that would let the assistant more precisely control apps.
- the capability to see what's currently on a device's screen and use that context to better serve users....

The goal is to ultimately offer a more versatile Siri that can seamlessly tap into customers' information and communication. For instance, users will be able to ask for a file or song that they discussed with a friend over text. Siri would then automatically retrieve that item. Apple also has demonstrated the ability for Siri to quickly locate someone's driver's license number by reviewing their photos... Inside Apple, many employees testing the new Siri have found that these features don't yet work consistently...

The control enhancements — an upgraded version of something called App Intents — are central to the operation of the company's upcoming smart home hub. That product, an AI device for controlling smart home appliances and FaceTime, is slated for release later this year.
And Amazon is also struggling with an AI upgrade for its digital assistant, reports the Washington Post: The "smarter and more conversational" version of Alexa will not be available until March 31 or later, the employee said, at least a year and a half after it was initially announced in response to competition from OpenAI's ChatGPT. Internal messages seen by The Post confirmed the launch was originally scheduled for this month but was subsequently moved to the end of March... According to internal documents seen by The Post, new features of the subscriber-only, AI-powered Alexa could include the ability to adopt a personality, recall conversations, order takeout or call a taxi. Some of the new Alexa features are similar to Alexa abilities that were previously available free through partnerships with companies like Grubhub and Uber...

The AI-enhanced version of Alexa in development has been repeatedly delayed due to problems with incorrect answers, the employee working on the launch told The Post. As a popular product that is a decade old, the Alexa brand is valuable, and the company is hesitant to risk customer trust by launching a product that is not reliable, the person said.

"Reddit Answers" uses generative AI to answer questions using what past Reddittors have posted. Announced in December, Reddit now plans to integrate it into their search results, reports TechCrunch, with Reddit's CEO saying the idea has "incredible monetization potential."

And yet Reddit's stock fell 14% this week. CNBC's headline? "Reddit shares plunge after Google algorithm change contributes to miss in user numbers." A Google search algorithm change caused some "volatility" with user growth in the fourth quarter, but the company's search-related traffic has since recovered in the first quarter, Reddit CEO Steve Huffman said in a letter to shareholders. "What happened wasn't unusual — referrals from search fluctuate from time to time, and they primarily affect logged-out users," Huffman wrote. "Our teams have navigated numerous algorithm updates and did an excellent job adapting to these latest changes effectively...." Reddit has said it is working to convince logged-out users to create accounts as logged-in users, which are more lucrative for its business.
As Yahoo Finance once pointed out, Reddit knew this day would come, acknowledging in its IPO filing that "changes in internet search engine algorithms and dynamics could have a negative impact on traffic for our website and, ultimately, our business." And in the last three months of 2024 Reddit's daily active users dropped, Yahoo Finance reported this week. But logged-in users increased by 400,000 — while logged-out users dropped by 600,000 (their first drop in almost two years).

Marketwatch notes that analyst Josh Beck sees this as a buying opportunity for Reddit's stock: Beck pointed to comments from Reddit's management regarding a sharp recovery in daily active unique users. That was likely driven by Google benefiting from deeper Reddit crawling, by the platform uncollapsing comments in search results and by a potential benefit from spam-reduction algorithm updates, according to the analyst. "While the report did not clear our anticipated bar, we walk away encouraged by international upside," he wrote.

The biggest utility in Virginia, home to the global hotspot Data Center Alley, saw demand from data centers in development almost double in the last half of 2024. From a report: Total data center power capacity under contract with Dominion Energy in Virginia, which includes projects from preliminary to advanced stages of development, increased to 40.2 gigawatts in December from 21.4 gigwatts in July, the company said on its earnings call Wednesday.

Demand for power is surging with the development of data centers and artificial intelligence, along with manufacturing and the increasing electrification of the economy. Northern Virginia, which has the biggest concentration of the facilities in the world, has earned the nickname of Data Center Alley.

The German antitrust authority has charged Apple with abusing its market power through its app tracking tool and giving itself preferential treatment in a move that could result in daily fines for the iPhone maker if it fails to change its business practices. From a report: The move follows a three-year investigation by the Federal Cartel Office into Apple's App Tracking Transparency feature, which allows users to block advertisers from tracking them across different applications.

The U.S. tech giant has said the feature allows users to control their privacy but has drawn criticism from Meta Platforms, app developers and startups whose business models rely on advertising tracking. "The ATTF (app tracking tool) makes it far more difficult for competing app publishers to access the user data relevant for advertising," Andreas Mundt, cartel office president, said in a statement.

Fortune remembers that in 2011 Steve Jobs had told author Walter Isaacson that Microsoft co-founder Bill Gates would "be a broader guy if he had dropped acid once or gone off to an ashram when he was younger."

But The Indendepent notes that in his new memoir Gates does write about two acid trip experiences. (Gates mis-timed his first experiment with LSD, ending up still tripping during a previously-scheduled appointment for dental surgery...) "Later in the book, Gates recounts another experience with LSD with future Microsoft co-founder Paul Allen and some friends... Gates says in the book that it was the fear of damaging his memory that finally persuaded him never to take the drug again." He added: "I smoked pot in high school, but not because it did anything interesting. I thought maybe I would look cool and some girl would think that was interesting. It didn't succeed, so I gave it up."

Gates went on to say that former Apple CEO Steve Jobs, who didn't know about his past drug use, teased him on the subject. "Steve Jobs once said that he wished I'd take acid because then maybe I would have had more taste in my design of my products," recalled Gates. "My response to that was to say, 'Look, I got the wrong batch.' I got the coding batch, and this guy got the marketing-design batch, so good for him! Because his talents and mine, other than being kind of an energetic leader, and pushing the limits, they didn't overlap much. He wouldn't know what a line of code meant, and his ability to think about design and marketing and things like that... I envy those skills. I'm not in his league."

Gates added that he was a fan of Michael Pollan's book about psychedelic drugs, How To Change Your Mind, and is intrigued by the idea that they may have therapeutic uses. "The idea that some of these drugs that affect your mind might help with depression or OCD, I think that's fascinating," said Gates. "Of course, we have to be careful, and that's very different than recreational usage."
Touring the country, 69-year-old Gates shared more glimpses of his life story:

• The Harvard Gazette notes that the university didn't offer computer science degrees when Gates attended in 1973. But since Gates already had years of code-writing experience, he "initially rebuffed any suggestion of taking computer-related coursework... 'It's too easy,' he remembered telling friends."

• "The naiveté I had that free computing would just be this unadulterated good thing wasn't totally correct even before AI," Gates told an audience at the Harvard Book Store. "And now with AI, I can see that we could shape this in the wrong way."

• Gates "expressed regret about how he treated another boyhood friend, Paul Allen, the other cofounder of Microsoft, who died in 2018," reports the Boston Globe. "Gates at first took 60 percent ownership of the new software company and then pressured his friend for another 4 percent. 'I feel bad about it in retrospect,' he said. 'That was always a little complicated, and I wish I hadn't pushed....'"

• Business Insider adds that according to his memoir, Gates "eventually gave his additional 4% stake to [Steve] Ballmer to convince him to quit business school for Microsoft. 'He joined in 1980 and became the 24-hour-a-day partner I needed,' Gates wrote."

• Benzinga writes that Gates has now "donated $100 billion to charitable causes... Had Gates retained the $100 billion he has donated, his total wealth would be around $264 billion, placing him second on the global wealth rankings behind Elon Musk and ahead of Jeff Bezos and Mark Zuckerberg."

• Gates told the Associated Press "I am stunned that Intel basically lost its way," saying Intel is now "kind of behind" on both chip design and fabrication. "They missed the AI chip revolution, and with their fabrication capabilities, they don't even use standards that people like Nvidia and Qualcomm find easy... I hope Intel recovers, but it looks pretty tough for them at this stage."

• Gates also told the Associated Press that fighting a three-year antitrust case had "distracted" Microsoft. "The area that Google did well in that would not have happened had I not been distracted is Android, where it was a natural thing for me. I was trying, although what I didn't do well enough is provide the operating system for the phone. That was ours for the taking."

• The Dallas News reports that in an on-stage interview in Texas, Mark Cuban closed by asking Gates one question. "Is the American Dream alive?" Gates answered: "It was for me."

I just saw an ad for TikTok on a YouTube video. But at the same time YouTube is running ads on TikTok, reports Bloomberg, targeting TikTok content creators in "an effort to lure these valuable users to the Google-owned rival and capitalize on TikTok's uncertain future."

One of YouTube's ads even received over a thousand likes, with Bloomberg calling it that TikTok "is willing to accept ad dollars from one of its fiercest competitors promoting a message aimed at undercutting its business." YouTube is the latest TikTok competitor to try to capitalize on the app's looming US ban, which could go into effect in early April. Meta Platforms Inc.'s Instagram announced a new video editing tool in January, and X also teased a new video tab as part of an effort to win over TikTok's content creators...

Google would be one of the biggest beneficiaries of a ban in the US. Both its flagship video service YouTube and its TikTok copycat, YouTube Shorts, would likely see an uptick in traffic if TikTok goes away. Google also plays an unusual role in TikTok's potential ban because it runs one of two mobile app stores controlling whether people in the US can download the video app. It has blocked TikTok from its Google Play store since the divest-or-ban law went into effect January 19.

Software companies are under pressure to invest in new AI capabilities without denting profits. One increasingly popular strategy to keep costs low is to shift hiring outside the US. From a report:Â Salesforce and Workday are simultaneously cutting jobs and highlighting the cost savings from adding workers internationally. "Do we need to hire everybody in San Francisco?" Salesforce Chief Operating Officer Brian Millham said at an event hosted by Barclays in December. "Or can we think about other locations that are cheaper where we can get really incredible labor like India and Mexico City."

US-based employees at Salesforce dropped to 51% from 58% in the four years ending in January 2024. In early 2023, it announced a reduction of roughly 8,000 jobs. Earlier this week, Bloomberg reported that the San Francisco-based software company would cut more than 1,000 positions in large part to make room for new AI-focused hiring. [...] Human resources software maker Workday, based in Pleasanton, California, announced Wednesday that it would eliminate about 1,750 jobs. Last year, Chief Executive Officer Carl Eschenbach emphasized a new focus on expanding margins, saying hiring more in countries like Costa Rica would help in this effort.Â

Tom Blomfield, founder of Monzo, challenges the notion that Americans work harder than Europeans, attributing the U.S.'s economic edge to a culture of "positivity, optimism, and ambition" rather than sheer work ethic. He argues that the "know your place, don't get too big for your boots" mindset stifles innovation, whereas the U.S.' "American Dream" fosters a more dynamic start-up culture, making it easier for entrepreneurs to bounce back from failure. Fortune reports: Blomfield said the American dream wasn't a reality that a lot of people in the U.S. get to live, but it was one that a lot of them experience. "That idea that anyone can create anything if they try hard enough is so deeply American, and it's so antithetical to the British culture," he said. Blomfield was 28 when he co-founded Monzo in 2015. While he said people in the U.K. "looked at me like I was crazy" as he tried to get a banking license, he had a much more supportive reaction in the States. The Brit said his fellow countrymen were more inclined toward a "know your place, don't get too big for your boots" attitude that stifles innovation.

In Blomfield's view, this filters down to the career decisions made by the country's most promising university students. In the U.K., Blomfield says the most ambitious thing for students to do is work at a trading firm like James Street or a consultancy like McKinsey. Indeed, he suggests the default choice for PhD students in computer science is to join Goldman Sachs. In the U.S., meanwhile, Blomfield says he'll often get pitched start-up ideas by students from unexpected backgrounds, including English Literature undergrads. [...]

In April, Nicolai Tangen, the CEO of Norway's $1.6 trillion sovereign wealth fund, sparked a debate with his comments that there was a difference in the "general level of ambition" between U.S. and European workers, adding that Americans work harder. Blomfield said he had read data suggesting that the latter wasn't the case. But his thoughts do align with another of Tangen's points, namely that it is easier to start again in the U.S. if a business fails than in the U.K. Backed by the "American dream" ideal that Blomfield mentioned in his interview, the U.S. has long been more closely associated with entrepreneurialism and disruption than Britain, and Europe more widely. Since these comments were made last May (reprinted yesterday via Fortune), we'd like to open this up for a "Slashdot Asks" discussion. Do you think the "know your place" mindset Blomfield cited stifles innovation? How does it compare to the mindset in the United States or elsewhere? Any insights or examples to support your point are appreciated and will contribute to a more meaningful discussion.

Workday is cutting about 8.5% of its workforce, making it the latest technology company to begin 2025 with headcount reductions. From a report: The cuts will amount to about 1,750 workers, Chief Executive Officer Carl Eschenbach wrote in a note to employees Wednesday. "The environment we're operating in today demands a new approach, particularly given our size and scale," he wrote. Workday intends to hire in strategic areas such as AI, allow faster decision-making, and take on more people overseas, Eschenbach wrote. This will advance the company's "ongoing focus on durable growth," Workday said in a filing Wednesday. Shares of Workday jumped more than 5% on the news.

Thailand cut power supply, fuel and internet to some border areas with Myanmar on Wednesday. It's an attempt to choke scam syndicates operating out of there that have become a growing security concern. Reuters: Scam compounds in Southeast Asia are suspected to have entrapped hundreds of thousands of people in illegal online and telecom operations, generating billions of dollars annually, according to a 2023 U.N. report. Thai Interior Minister Anutin Charnvirakul visited the Provincial Electricity Authority headquarters in Bangkok on Wednesday to oversee the effort to fight the crime rings. "They may turn to other sources of power supply or generate their own electricity. In the Thai Security Council orders, it also includes the halt in supplying oil and internet to them, which means that from now on any damage that occurs will have no connection to any resources in Thailand."

Panasonic will cut its costs, restructure underperforming units and revamp its workforce as it pivots toward AI data centers and away from its consumer electronics roots, the company said on Tuesday. The Japanese conglomerate aims to boost profits by 300 billion yen ($1.93 billion) by March 2029, partly by consolidating production and logistics operations.

Bloomberg reports that CEO Yuki Kusumi has declined to confirm if the company would divest its TV business but said alternatives were being considered. The Tesla battery supplier plans to integrate AI across operations through a partnership with Anthropic, targeting growth in components for data centers.

To capitalize on the AI boom, many crypto miners "have begun to repurpose parts of their operations into data centers," reports Reuters, "given they already have most of the infrastructure" (including landing and "significant" power resources...) Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to meet the growing demand for artificial intelligence data centers, it said on Friday... Earlier this month, Riot Platforms launched a review of the potential AI and computing uses for parts of its facility in Navarro County, Texas.

Spirit Aerosystems builds aircraft components, including fuselages and flight deck sections for Boeing, according to Wikipedia. But now Boeing is set to acquire Spirit AeroSystems.

The aviation blog called Aviation Source News says the price tag was $4.7 billion, and opines that Boeing's move signals "a renewed focus on quality and supply chain stability" as Boeing "addresses lingering concerns surrounding its 737 program." Spirit's recent struggles with quality control and production delays have had a fallout effect for Boeing... By integrating Spirit's operations, Boeing can implement more stringent oversight and ensure consistent manufacturing processes. This move is a direct response to past quality lapses that have plagued the company and damaged its reputation. Beyond quality control, the acquisition also offers Boeing greater control over its supply chain. By bringing a key supplier in-house, Boeing can streamline production, improve coordination, and reduce the risk of future disruptions...

Spirit AeroSystems also supplies parts to Airbus, Boeing's main competitor. To address this, a separate agreement is being negotiated for Airbus to acquire Spirit's Airbus-related business. This strategic move ensures that Airbus maintains control over its own supply chain and prevents Boeing from gaining undue influence over its competitor's production.
Meanwhile, the vice president leading Boeing's Starliner spacecraft unit "has left his role in the program and been replaced by the company's International Space Station program manager, John Mulholland," Reuters reports, citing a Boeing spokesperson. In its first test mission last summer flying astronauts, Starliner was forced by NASA to leave its crew aboard the ISS and return empty in September over problems with its propulsion system. A panel of senior NASA officials in August had voted to have a Crew Dragon capsule from Elon Musk's SpaceX bring them back instead, deeming Starliner too risky for the astronauts.

Paul Hill, a veteran NASA flight director and member of the agency's Aerospace Safety Advisory Panel, said during a quarterly panel meeting on Thursday that NASA and Boeing continue to investigate Starliner's propulsion system. A Boeing spokesperson said on Thursday that the company and NASA have not yet determined what Starliner's next mission will look like, such as whether it will need to repeat its crewed flight test before receiving NASA certification for routine flights.

"iPhone devices are now eligible to test SpaceX-owned Starlink's direct-to-cell capability," Reuters reported this week, citing an announcement from T-Mobile: T-Mobile and Elon Musk's SpaceX are currently testing the Starlink cell network on a trial basis after receiving approval from the Federal Communications Commission in November last year. The trial offers 'text via satellite', while voice and data features will be added in the future, according to the T-Mobile website. T-Mobile initially only listed a few Android smartphones as eligible devices to test the network, but has now added iPhone devices with the latest iOS 18.3 software update.
The next day stock prices fell for several direct-to-smartphone satellite companies, reports SpaceNews: Shares in Globalstar, which enables connectivity beyond the reach of cellular towers on the latest iPhones via a far-reaching partnership with Apple, closed down nearly 18% the following day. Constellation developer AST SpaceMobile slipped 12%. Canada's MDA, which is building at least 17 satellites for Globalstar after Apple agreed to cover most of the costs to replenish the constellation, also saw its shares fall more than 9%...

"Combined, today's price action in Globalstar and satellite manufacturer MDA suggest a real investor fear that SpaceX could disintermediate the Apple-Globalstar partnership," said Adam Rhodes, a senior telecoms analyst at Octus. "However, it appears to us that there is room for both services. Based on the information we have seen, we do not anticipate that Apple views the T-Mobile-Starlink service as a replacement for the Globalstar MSS network, but rather it is choosing to enable the added feature on its T-Mobile phones...." B. Riley analyst Mike Crawford noted that Apple's two binding contracts with Globalstar extend well into the next decade, ensuring both capital expenditure (capex) and recurring service revenues.
Thanks to Slashdot reader jjslash for sharing the news.