Six users of Tornado Cash, a popular decentralized cryptocurrency service, filed a lawsuit on Thursday against the U.S. Treasury Department, Secretary Janet Yellen, and other officials over their decision to slap sanctions on the service in August. From a report: The outcome of the case, which turns on the novel legal question of whether the U.S. government can impose sanctions on publicly-available software code, is likely to have implications for the crypto industry for years to come. In a 20-page complaint filed in federal court in Texas, the users claim the decision to sanction Tornado Cash exceeded the government's authority, and violated their free speech and property rights under the U.S. Constitution, and "threatens the ability of law-abiding Americans to engage freely and privately in financial transactions." In recent years, Tornado Cash has emerged as a popular tool for those wishing to hide their crypto transactions. Using smart contracts on the Ethereum blockchain, it allows users to deposit crypto into a pool alongside other users and then distribute it to third-party wallets -- the process makes it highly difficult to determine who gave funds to a given wallet. The plaintiffs in the case include Preston Van Loon, a prominent figure in the Ethereum community who claims he cannot access thousands of dollars worth of Ethereum deposited with Tornado Cash, and his brother, Joseph, who says he intended to use the service to privately fund an Ethereum node and staking service but can no longer do so because of the sanctions. The plaintiffs also include Tyler Almeida, a California security analyst at Coinbase, who alleges that he used Tornado Cash to make anonymous donations to support Ukraine. Almeida claims the U.S. placing sanctions on the service impedes his right to donate -- and by extension his right to express himself under the First Amendment. Almeida is one of two Coinbase employees to put their name on the lawsuit. The company, whose CEO Brian Armstrong has vocally objected to the sanctions on Tornado Cash, is paying the legal bills of the employees and four other plaintiffs.

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Apple CEO Tim Cook dismissed the idea of adopting RCS messaging to put an end to the green bubbles that surround messages when iPhone users text someone on an Android device. From a report: "I don't hear our users asking that we put a lot of energy in on that at this point," Cook said when asked how Apple founder Steve Jobs would feel about using the RCS standard in iMessage during Vox Media's Code 2022 event on Wednesday night. Instead, Cook said, "I would love to convert you to an iPhone." But the person who asked the question, Vox Media's LiQuan Hunt, came back with a valid complaint, saying that his mother can't see the videos he sends her. It all comes down to a lack of interoperability between iMessage and RCS, both messaging systems that could allow higher-quality images and videos -- if they worked together. If you've tried to send a video from Android to iOS (or vice versa) using your regular text messaging app, then you know that your videos come out completely fuzzy on the other end. Cook's suggestion to fix this annoying issue? "Buy your mom an iPhone."

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A trio of researchers at Purdue University has developed a new theory to explain why Pluto's moon Charon has a reddish north pole. Phys.Org reports: In their paper published in the journal Nature Communications, Stephanie Menten, Michael Sori and Ali Bramson, describe their study of the reddish surfaces of many icy objects in the Kuiper Belt, and how they might relate to Charon's reddish pole. Prior research has shown that many icy objects in the Kuiper belt are partly or entirely covered in reddish brown material. Prior research has also shown that the material is a kind of tholin -- compounds that are formed when organic chemicals are showered with radiation. But that has raised the question of where the organic compounds may have come from. In this new effort, the researchers theorize that it comes from methane released from cryovolcanoes. [...] They note that prior research suggests that gases escaping from Pluto are responsible for the reddish pole. As the ocean froze, the methane would have become trapped in the ice, the researchers note. They note also that as the water became pressurized, cracks would have formed, leading to occasional eruptions. Such cryovolcanic eruptions, they suggest, could have released some amount of methane gas. And if some of that methane gas managed to drift all the way to the north pole, it would have frozen and fallen to the surface. And if it fell to the surface, it would have been subjected to millions of years of radiation from the sun, making it turn red. [...] They found that approximately 1000 billion metric tons of the gas could have made it to northern pole -- more than enough to create a red cap.

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An international team of scientists says it has discovered two new "super-Earth" type planets about 100 light-years away, one of which may be suitable for life. NPR reports: Unlike any of the planets in our solar system, the nearly 1,600 known super-Earths are larger than Earth, but lighter than icy planets like Uranus and Neptune. Researchers at Belgium's University of Liege announced Wednesday that they found another one while using Earth-based telescopes to confirm the existence of a different planet initially discovered by a NASA satellite in the same solar system. NASA's satellite found planet LP 890-9b, which is about 30% larger than Earth and orbits its sun in just 2.7 days. ULiege researchers used their SPECULOOS (Search for habitable Planets EClipsing ULtra-cOOl Stars) telescopes in Chile and Spain to take a closer look at the planet with high-precision cameras. That's when the stargazers discovered another planet, LP 890-9c (renamed SPECULOOS-2c by the ULiege researchers), which is 40% larger than Earth and takes 8.5 days to orbit its sun. Francisco Pozuelos, a researcher at the Institute of Astrophysics of Andalusia and one of the main co-authors of the paper, said in a news release that the planet could be suitable to life despite being a mere 3.7 million miles from its sun. Earth, by comparison, is located over 93 million miles away from our sun. "Although this planet orbits very close to its star, at a distance about 10 times shorter than that of Mercury around our Sun, the amount of stellar irradiation it receives is still low, and could allow the presence of liquid water on the planet's surface, provided it has a sufficient atmosphere," Pozuelos said. "This is because the star LP 890-9 is about 6.5 times smaller than the Sun and has a surface temperature half that of our star."

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An anonymous reader quotes a report from New Scientist: A nuclear fusion reaction has lasted for 30 seconds at temperatures in excess of 100 million degrees celsius. While the duration and temperature alone aren't records, the simultaneous achievement of heat and stability brings us a step closer to a viable fusion reactor -- as long as the technique used can be scaled up. [...] Now Yong-Su Na at Seoul National University in South Korea and his colleagues have succeeded in running a reaction at the extremely high temperatures that will be required for a viable reactor, and keeping the hot, ionized state of matter that is created within the device stable for 30 seconds. Controlling this so-called plasma is vital. If it touches the walls of the reactor, it rapidly cools, stifling the reaction and causing significant damage to the chamber that holds it. Researchers normally use various shapes of magnetic fields to contain the plasma -- some use an edge transport barrier (ETB), which sculpts plasma with a sharp cut-off in pressure near to the reactor wall, a state that stops heat and plasma escaping. Others use an internal transport barrier (ITB) that creates higher pressure nearer the center of the plasma. But both can create instability. Na's team used a modified ITB technique at the Korea Superconducting Tokamak Advanced Research (KSTAR) device, achieving a much lower plasma density. Their approach seems to boost temperatures at the core of the plasma and lower them at the edge, which will probably extend the lifespan of reactor components. Dominic Power at Imperial College London says that to increase the energy produced by a reactor, you can make plasma really hot, make it really dense or increase confinement time. "This team is finding that the density confinement is actually a bit lower than traditional operating modes, which is not necessarily a bad thing, because it's compensated for by higher temperatures in the core," he says. "It's definitely exciting, but there's a big uncertainty about how well our understanding of the physics scales to larger devices. So something like ITER is going to be much bigger than KSTAR". Na says that low density was key, and that "fast" or more energetic ions at the core of the plasma -- so-called fast-ion-regulated enhancement (FIRE) -- are integral to stability. But the team doesn't yet fully understand the mechanisms involved. The reaction was stopped after 30 seconds only because of limitations with hardware, and longer periods should be possible in future. KSTAR has now shut down for upgrades, with carbon components on the wall of the reactor being replaced with tungsten, which Na says will improve the reproducibility of experiments. The research has been published in the journal Nature.

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Bob Iger, former Disney CEO, explained on Wednesday why Disney didn't acquire Twitter in 2016. He said: "We enter the process immediately, looking at Twitter as the solution: a global distribution platform. It was viewed as sort of a social network. We were viewing it as something completely different. We could put news, sports, entertainment, [and] reach the world. And frankly, it would have been a phenomenal solution, distribution-wise. Then, after we sold the whole concept to the Disney board and the Twitter board, and we're really ready to execute -- the negotiation was just about done -- I went home, contemplated it for a weekend, and thought, 'I'm not looking at this as carefully as I need to look at it.' Yes, it's a great solution from a distribution perspective. But it would come with so many other challenges and complexities that as a manager of a great global brand, I was not prepared to take on a major distraction and having to manage circumstances that weren't even close to anything that we had faced before. Interestingly enough, because I read the news these days, we did look very carefully at all of the Twitter users -- I guess they're called users? -- and we at that point estimated with some of Twitter's help that a substantial portion -- not a majority -- were not real. I don't remember the number but we discounted the value heavily. But that was built into our economics. Actually, the deal that we had was pretty cheap."

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A timely mobile alert may have prevented hundreds of thousands of Californians from being plunged into darkness in the middle of a heat wave Tuesday night. Bloomberg reports: Just before 5:30 p.m. local time, California's grid operator ordered its highest level of emergency, warning that blackouts were imminent. Then, at 5:48 p.m., the state's Office of Emergency Services sent out a text alert to people in targeted counties, asking them to conserve power if they could. Within five minutes the grid emergency was all but over. Power demand plunged by 1.2 gigawatts between 5:50 and 5:55 p.m., and would continue to drop in the hours after that, according to data from the California Independent System Operator. A gigawatt is enough to power about 750,000 Californian homes. But while the state's grid operator said California had avoided rolling blackouts Tuesday, some cities apparently didn't get the message. Officials in three San Francisco Bay area cities -- Alameda, Healdsburg and Palo Alto -- reported on social media that power shutdowns were underway that evening, which also could have contributed to the sharp decline in demand. By 8 p.m., the grid operator canceled the highest level of emergency without calling for power cuts. More than 500,000 homes and businesses had been warned earlier in the day that they might lose service.

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After getting "punched in the face hard" by a cratering stock price and brutal layoffs, Snap CEO Evan Spiegel told employees this week how the company plans to still grow its revenue and user base next year. The Verge reports: In an internal memo sent to employees on September 6th and obtained by The Verge, Spiegel said the company aims to grow Snapchat's user base by 30 percent to 450 million by the end of next year, and that it aims to increase revenue to $6 billion in 2023. He said the plan is for $350 million of that revenue to come from the paid subscription Snapchat recently introduced to unlock additional features, which is already on track to hit 4 million subscribers by the end of this year. [...] To achieve its user growth goal, Spiegel said Snap will focus on "increasing our penetration in at least one new large country or demographic" and onboarding more 30- to 40-year-olds. Funneling more users into the Map and Spotlight sections of Snapchat "helps to make our service more compelling for our community, harder to copy, and more resilient to competition, and increases our monetization opportunity over the longer term." Snap recently laid off 20 percent of its workforce, cutting whole teams and projects like its recently introduced camera drone. Even still, Spiegel said the company remains committed to augmented reality, which he thinks "represents the next major evolution in computing," and that the next generation of its Spectacles AR glasses is in development. "Leadership in augmented reality is important to Snap because it helps us build a durable competitive advantage that comes from investing over the long term, building things that are technically difficult, and growing a platform that is increasingly hard to replicate," Spiegel said. "It also positions us to benefit from the next major platform shift: mobile to wearables. Leading this shift will be one of our most meaningful contributions to human progress; empowering people to express themselves, live in the moment, learn about the world, and have fun together." Here are some other highlights from the memo: - Snap aims to grow time spent on content by 10 percent per user in 2023. - It wants 35 percent of users interacting daily with the Map tab of Snapchat and 30 percent of users on Spotlight, its TikTok competitor, every day next year. - The plan is to make $6 billion in revenue and at least $1 billion in free cash flow in 2023. - Snap wants AR-based advertising to make up 10 percent of its total ad revenue next year. - The company wants to grow the number of people who use its AR effects, called Lenses, in other apps to 1 billion monthly users next year. - It is setting up an AR enterprise division to sell its technology to other companies. - "We will help developers confidentially explore the possibilities that are enabled with our next-generation" of Spectacles, according to Spiegel, which suggests the next version won't be commercially available for sale.

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Last week, Twitter announced the ability to edit tweets for subscribers of its Twitter Blue service. "The company said that once the feature is available users will be able to edit their tweets for up to 30 minutes from posting," reports TechCrunch. "However, there's a catch: Users can only edit their tweets five times within this period." From the report: While this limit seems sufficient for correcting typos, uploading media files or adding some tags, the company might have introduced it to stop people from abusing the feature by changing the content on the tweet on a whim. The social media firm told TechCrunch that it's currently observing user behavior, and the number of edits available to users in the approved time frame could change. The "edit tweet" feature will be first available to users who pay for the optional Twitter Blue subscription, but it won't be rolling out to all paid users initially. Twitter confirmed that New Zealand-based subscribers will first get the feature and it will be later pushed to Twitter Blue users in Australia, Canada and the U.S once it learns more about usage patterns. So subscribers in these three countries might have to wait a bit longer and use the service without the marquee feature.

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An anonymous reader quotes a report from the Washington Post: The Internal Revenue Service will spend $15 million studying a free, government-backed tax filing system under a provision in the sweeping climate and health-care law Congress passed this summer. It's a landmark step toward overhauling the way most Americans file their taxes and ending years of domination of tax prep by private corporations. Democrats have long lamented that millions of American pay for the privilege of filing taxes, and that corporate tax services take money from the neediest households. Hardly anyone uses the free e-filing options that industry supports because of restrictions on which returns qualify. But the IRS has lacked the funding -- or the clout to outmaneuver private lobbyists -- to seriously consider its own e-filing platform, current and former officials say, forcing taxpayers instead to deal with a consortium of private providers and setting the agency back decades in technology and customer service. "The IRS is completely beholden to the software companies at this point because it just doesn't have anything to replace them," said Nina Olson, who served as the national taxpayer advocate, the IRS's internal consumer rights watchdog, from 2001 to 2019. The commercial tax prep industry is gargantuan, worth $11.9 billion in 2022, according to market research firm IBIS World; 9 in 10 individual tax returns were filed digitally in 2021, the IRS reported. The largest players, Intuit TurboTax and H&R Block, offer narrowly tailored free e-filing options, and charge $59 and $55, respectively, for their lowest-paid tiers, plus variable filing fees and costs for state tax returns. Tax experts say a government-backed system could give more Americans access to free and trustworthy services, while increasing IRS efficiency by encouraging more taxpayers to file easy-to-process digital returns rather than cumbersome paper ones. But that would upset an ecosystem that by many accounts has served taxpayers and the government well for decades. The U.S.'s voluntary tax compliance rate -- the proportion of filers who pay federal taxes accurately each year -- is 83.6 percent by the most recent measurements, among the highest of developed economies.

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Apple today announced that all iPhone 14 models sold in the U.S. do not have a built-in SIM card tray and instead rely entirely on eSIM technology. MacRumors reports: Tech specs on Apple's website confirm the iPhone 14, iPhone 14 Plus, iPhone 14 Pro, and iPhone 14 Pro Max are not compatible with physical SIM cards and instead have dual eSIM support, allowing for multiple cellular plans to be activated on a single device. An eSIM is a digital SIM that allows users to activate a cellular plan without having to use a physical nano-SIM card. eSIM availability is rapidly expanding, but the technology is still not available in all countries, which explains why iPhone 14 models will remain available with a SIM card tray outside of the U.S. for now. Apple's website has a list of carriers that support eSIM technology around the world. In the U.S., this includes AT&T, T-Mobile, US Cellular, Verizon, Xfinity Mobile, Boost Mobile, H2O Wireless, Straight Talk, C Spire, and some others.

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An anonymous reader quotes a report from The Intercept: In March, two veteran Facebook engineers found themselves grilled about the company's sprawling data collection operations in a hearing for the ongoing lawsuit over the mishandling of private user information stemming from the Cambridge Analytica scandal. The hearing, a transcript of which was recently unsealed (PDF), was aimed at resolving one crucial issue: What information, precisely, does Facebook store about us, and where is it? The engineers' response will come as little relief to those concerned with the company's stewardship of billions of digitized lives: They don't know. The admissions occurred during a hearing with special master Daniel Garrie, a court-appointed subject-matter expert tasked with resolving a disclosure impasse. Garrie was attempting to get the company to provide an exhaustive, definitive accounting of where personal data might be stored in some 55 Facebook subsystems. Both veteran Facebook engineers, with according to LinkedIn two decades of experience between them, struggled to even venture what may be stored in Facebook's subsystems. "I'm just trying to understand at the most basic level from this list what we're looking at," Garrie asked. "I don't believe there's a single person that exists who could answer that question," replied Eugene Zarashaw, a Facebook engineering director. "It would take a significant team effort to even be able to answer that question." When asked about how Facebook might track down every bit of data associated with a given user account, Zarashaw was stumped again: "It would take multiple teams on the ad side to track down exactly the -- where the data flows. I would be surprised if there's even a single person that can answer that narrow question conclusively." [...] Facebook's stonewalling has been revealing on its own, providing variations on the same theme: It has amassed so much data on so many billions of people and organized it so confusingly that full transparency is impossible on a technical level. In the March 2022 hearing, Zarashaw and Steven Elia, a software engineering manager, described Facebook as a data-processing apparatus so complex that it defies understanding from within. The hearing amounted to two high-ranking engineers at one of the most powerful and resource-flush engineering outfits in history describing their product as an unknowable machine. The special master at times seemed in disbelief, as when he questioned the engineers over whether any documentation existed for a particular Facebook subsystem. "Someone must have a diagram that says this is where this data is stored," he said, according to the transcript. Zarashaw responded: "We have a somewhat strange engineering culture compared to most where we don't generate a lot of artifacts during the engineering process. Effectively the code is its own design document often." He quickly added, "For what it's worth, this is terrifying to me when I first joined as well."

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Today, Apple announced a handful of new products at their iPhone launch event in Cupertino. Along with four new iPhones, Apple unveiled the brand-new Series 8 Apple Watch and refreshed SE. It also unveiled a completely new, rugged Apple Watch Ultra. The Verge reports: The Apple Watch Ultra is the star of the show because it isn't something we've seen before. It's got a big honking 49mm rectangular display, which... truly is in a class of its own. Not only is it the biggest Apple Watch screen, but it's also the brightest at 2,000 nits. As for how that wrist slab feels, it was actually lighter on my wrist than I'd expected, probably because its case is made of titanium. But make no mistake -- it is a BIG watch. Another thing that's immediately apparent is the design tweaks Apple's made for the extreme fitness crowd. There's the new orange action button, a button guard, and a redesigned crown. The rim around the display is also raised to protect the sapphire crystal display -- which is something we saw on the Samsung Galaxy Watch 5 Pro as well. Plus, that display is truly flat. Next up is the Apple Watch Series 8. At a glance, there's really not too much to differentiate it from the Series 7, though I can definitely tell the screen appears bigger. Inside, there's a new temperature sensor, though it's not something I was able to really check out here in Cupertino. The sensor is meant to help retrospectively detect ovulation. It's also got an updated chip -- the S8 -- which keeps things snappy when you're swiping through menus. The Series 8 also has a new gyroscope and accelerometer to help call emergency services if it detects you've been in a car crash. The new SE is also a fairly incremental update. It, too, gets an upgrade to the S8 chip, whereas the original SE was a bit of a Frankenstein watch. It had the processor of the Series 5 mixed in with some sensors used in the Series 6 minus the EKG sensor. The new SE has the same motion sensors as the Series 8 for crash detection and is 20 percent faster than before. The screen is also 30 percent larger than the Series 3, and the sensor array color matches the front. It's mostly still missing the always-on display and the new temperature sensor. All three models are available for preorder today. The Series 8 and SE will ship on September 16, with the Ultra shipping on the 23rd.

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An anonymous reader shares a report: On the eve of Google's acquisition of YouTube in 2006, the video site's cofounder Chad Hurley discovered that a Google ad manager had snooped on YouTube's revenue figures. Hurley was so irked by the invasion of YouTube's business that he threatened to walk away from the deal, a new book about YouTube's founding reveals. Google's CEO at the time, Eric Schmidt, was able to calm Hurley down enough to close the $1.65 billion deal -- a deal that became a pivot point in the development of the modern internet. The previously unreported episode comes from the book "Like, Comment, Subscribe: Inside YouTube's Chaotic Rise to World Domination" by the Bloomberg reporter Mark Bergen.

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Microsoft has promised to keep Call of Duty on PlayStation for three years beyond the current agreement between Activision and Sony, says PlayStation CEO Jim Ryan. In a statement provided to GamesIndustry.biz, Ryan says the offer was "inadequate on many levels." From a report: The disagreement between the two companies follows Microsoft's offer to buy Call of Duty publisher Activision Blizzard in a deal worth nearly $69 billion. [...] Last week, Xbox revealed that it had "provided a signed agreement to Sony to guarantee Call of Duty on PlayStation, with feature and content parity, for at least several more years" beyond Sony's existing contract with Activision. Xbox chief said this offer "goes well beyond typical gaming industry agreements." The current deal between Sony and Activision Blizzard around Call of Duty is believed to cover the next three releases, including this year's Call of Duty: Modern Warfare 2. However, Sony says the offer fails to consider the impact on PlayStation gamers. "I hadn't intended to comment on what I understood to be a private business discussion, but I feel the need to set the record straight because Phil Spencer brought this into the public forum," Ryan stated. "Microsoft has only offered for Call of Duty to remain on PlayStation for three years after the current agreement between Activision and Sony ends. After almost 20 years of Call of Duty on PlayStation, their proposal was inadequate on many levels and failed to take account of the impact on our gamers. We want to guarantee PlayStation gamers continue to have the highest quality Call of Duty experience, and Microsoftâ(TM)s proposal undermines this principle."

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Network hardware-maker QNAP is urging customers to update their network-attached storage devices immediately to protect them from a new wave of ongoing ransomware attacks that can destroy terabytes of data in a single stroke. From a report: Singapore-based QNAP said recently that it has identified a new campaign from a ransomware group known as DeadBolt. The attacks take aim at QNAP NAS devices that use a proprietary feature known as Photo Station. The advisory instructs customers to update their firmware, suggesting there is a vulnerability that's under exploit, but the company makes no explicit mention of a CVE designation that security professionals use to track such security flaws.

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Celsius Network, the bankrupt cryptocurrency lender, may have hidden its financial trouble from its investors and "engaged in the improper manipulation of the price" of the platform's tokens to boost the company's balance sheet and financials, according to a new court filing. From a report: The Vermont Department of Financial Regulation submitted the filing on Wednesday in support of the United States Trustee's motion to appoint an independent examiner. The trustee handling Celsius's bankruptcy case previously said that it is seeking an examiner to help get additional information and clear up "confusion and anxiety." The latest filing shows that, based on a preliminary analysis of financial records, Celsius posted "massive losses" in the first seven months of 2021 and experienced "two material adverse events" in June and July of that year. And that the company had kept its losses from investors, despite state and federal securities laws requirements to disclose its financial statements. Moreover, the filing also alleged that Celsius may have manipulated the price of its CEL token. The move may have "artificially" inflated the company's CEL holdings on its balance sheet. The company "never earned enough revenue to support the yields being paid to investors," the filing said.

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Apple has officially announced the iPhone 14 Pro and iPhone 14 Pro Max. In the first big display redesign since Apple introduced the iPhone X in 2017, both handsets have a new pill-shaped cutout that replaces the notch and can adjust dynamically. Both devices also have a faster A16 Bionic chip and an always-on display. From a report: Apple CEO Tim Cook calls the iPhone 14 Pro and Pro Max the "most innovative pro lineup yet." The iPhone 14 Pro will start at $999, and the iPhone 14 Pro Max starts at $1,099. Both will be available for preorder on September 9th and available in stores on September 16th. The first notable design change with the iPhone 14 Pro models is the display. While Apple will offer the usual 6.1- and 6.7-inch options, the notch is being replaced by a pill-shaped cutout that will house the Face ID components and a second circular cutout for the front-facing camera. Apple has moved the proximity sensor behind the display, and notifications will now pop out of the notch in an animation. Apple calls this system the Dynamic Island. Notifications and alerts will adapt and move around the pill-shaped notch, and Apple is really leaning into how it animates and uses the system for new notifications. Apple demonstrated a variety of ways the Dynamic Island will animate and work in practice, including live activity widgets coming to life and animations and controls for music. When you swipe to go home, background tasks like music playback will move to the island.

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Apple has announced the iPhone 14 and 14 Plus, preserving much of the iPhone 13's design -- including a notch for the phone's selfie camera and Face ID sensors. From a report: Either way, the 14 looks an awful lot like the 13 at first glance, with the same flat display and rails. The US models of the iPhone 14 also do away with the physical SIM tray, going all-in on eSIM. The standard iPhone 14 model starts at $799, and the 14 Plus starts at $899. The iPhone 14 will also support the much-rumored emergency messaging via communication satellites when you're out of range of a cell signal, called Emergency SOS. The phone's antennas can connect to satellite frequencies. Apple says it can take less than 15 seconds to send a message with a clear view of the sky, and the interface guides users to point their phone in the right direction, as well as walking through steps to connect with emergency service providers. It's also possible to use the Find My app to share location without sending a message. It's free for two years with iPhone 14 models. The iPhone 14 sticks with a 6.1-inch screen, while the 14 Plus offers a big 6.7-inch screen. The 14 Plus model claims to offer the best battery life of any iPhone. Both models continue to offer last year's A15 Bionic chipset -- a major shift for Apple, which has typically introduced a new processor to be used by its entire iPhone portfolio every year.

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The rise of fintech services and digital banking could spur financial risks and potentially a crisis over the long term, Michael Hsu, Acting Comptroller of the Currency, a major U.S. bank regulator, warned on Wednesday. From a report: "I believe fintechs and big techs are having a large impact and warrant much more of our attention," Hsu told a New York conference, noting the encroachment of fintech companies into the traditional financial sector, including via partnerships with banks, was creating more complexity and "de-integration" across the banking sector. "My strong sense is that this process, left to its own devices, is likely to accelerate and expand until there is a severe problem, or even a crisis," Hsu said. Banks and tech firms, in an effort to provide a seamless customer experience, are teaming up in ways that make it more difficult for regulators to distinguish between where the bank stops and where the tech firm starts, said Hsu. And with fintech valuations falling as financing costs rise, bank partnerships with fintechs are increasing, he said.

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