Sprint Sues AT&T Over 5G Branding
Late Thursday night, phone company Sprint filed a lawsuit against Rival AT&T. The lawsuit claimed AT&T is misleading customers into buying products they think are 5G, a technology that hasn’t been completely developed yet. Currently, AT&T’s customers are seeing 5G symbols on their smartphones.
In addition, a study revealed that 54% of AT&T’s customers believe that their phones contain the new technology. Sprint also said that the study revealed that almost 40% of people believe that buying phones from AT&T would contain 5G. In response to the lawsuit, AT&T said, “We will fight this lawsuit while continuing to deploy 5G Evolution in addition to standards-based mobile 5G. Customers want and deserve to know when they are getting better speeds”.
Apple Will Contribute To Teen’s Schooling
Apple will help pay for a Arizona boy’s schooling after he helped find a bug in the FaceTime app. The bug allowed users to hear audio even if they didn’t answer the call. Apple said they would compensate the family and make an additional gift to the fourteen year old’s education.
“In addition to addressing the bug that was reported, our team conducted a thorough security audit of the FaceTime service and made additional updates to both the FaceTime app and server to improve security,” Apple said in a statement. In addition, Apple announced that they would improve how they handle bug reports in the future.
IBM Says New AI Works On All Clouds
IBM announced on Tuesday that their new Watson AI will function on rival cloud computing services. This move is to entice new customers to their service. It also attempts to make IBM’s systems compatible to every other computing infrastructure available. The system will rely on the new Kubernetes open source package to link to the rival clouds.
Walmart Pulls Plug On Delivery Partnership
Walmart and Deliv ended a key same-day grocery delivery partnership. This sets the retailer back in attempts to match rival Amazon in same day delivery. Walmart has been attempting to increase their grocery delivery for a while, after failing to partner with both Uber and Lyft.
Deliv declined to comment. However, customers and drivers claimed that the drivers constantly had to wait upwards of an hour at Walmart for the groceries. Because of this, Deliv served Walmart with a 90 day termination of partnership notice. The two companies ended working together late January.
Crypto Bear Market May Last
Cryptocurrencies might experience a prolonged bear market. Any company that issues any form of cryptocurrency may have to sell more assets. The only thing is there are no takers. Cryptocurrencies tanked after 2017, and are currently standing at about 15% of their previous market value. Bitcoin, the original cryptocurrency, lost 80% of its highest market value, which hit nearly $20,000 in December 2017.
Nice summary! 🙂