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Mac RumorsMay 08, 2024
2024 iPad Pro: Best New Features
Apple finally refreshed the iPad Pro, and the new feature set was worth the wait. From new OLED display technology to the M4 chip, the 2024 iPad Pro is undeniably impressive. We've rounded up some of the most notable changes worth considering when deciding rather to upgrade.


Mac RumorsMay 08, 2024
TikTok Sues U.S. Government Over Bill Requiring Sale
TikTok parent company ByteDance today filed a lawsuit against the U.S. government in an effort to put a stop to the bill requiring TikTok to be sold off to a non-Chinese company in a matter of months, or face a U.S. ban.


Mac RumorsMay 08, 2024
Disney Launching Exclusive Marvel Immersive Story for Apple Vision Pro
An hour-long interactive and immersive Disney story is coming to the Apple Vision Pro in the near future, according to an announcement from Marvel Studios. The Disney original is connected to the "What If…? animated series and it will be released as a new app for the Vision Pro.


EngadgetMay 08, 2024
FTX plans to refund defrauded customers with interest
FTX has filed a plan with a bankruptcy court to pay back creditors who held cryptocurrency at the embattled exchange. The vast majority of customers are set to get their money back with interest, though they (and the debtors) missed out on major gains in the crypto market since FTX's dramatic collapse in November 2022 — the price of Bitcoin has more than tripled since then.

FTX aims to fully pay back non-governmental creditors based on the value of their claims as determined by the bankruptcy court. That means 98 percent of creditors (those who have up to $50,000 in claims) will get 118 percent of the amount of their allowed claims. Other creditors will get their money back, plus what FTX describes as billions of dollars in compensation "for the time value of their investments."

Government creditors are in line for payouts with a nine percent interest rate. The Internal Revenue Service and Department of Justice are among the stakeholders with which FTX has agreed settlements.

The company suggests that, if its plan of reorganization is rubber stamped, it would be able to resolve disputes with private and government stakeholders "without costly and protracted litigation." All told, FTX says that it will be able to distribute between $14.5 billion and $16.3 billion in cash.

But, you may be wondering, where exactly is all this money coming from? After all, when FTX filed for Chapter 11 bankruptcy protection 17 months ago, it held just 0.1 percent of the Bitcoin and 1.2 percent of the Ethereum that its customers thought it had.

FT


Mac RumorsMay 07, 2024
Apple Launches New Smart Folio Cases for M4 iPad Pro and M2 iPad Air
Apple today announced the new iPad Pro and iPad Air, and alongside the tablets there are now a few new accessories available to purchase on Apple.com.

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