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DoorDash Makes $3.6 Billion Offer For Deliveroo

1 month 1 week ago
DoorDash has sent a proposal to buy the British meal delivery company Deliveroo for $3.6 billion. "The current offer marks the first formal approach since the last report in the summer," notes Reuters. From the report: The deal is expected to face no regulatory hurdles, as it provides DoorDash access to 10 new markets where it currently has no presence, creating a highly complementary footprint - other competitors might encounter more antitrust issues, the source said. Last year, Reuters reported DoorDash had shown interest in a takeover of Deliveroo, but a source said talks ended after disagreements on valuation. A deal between the two firms would help DoorDash solidify its footprint in Europe, after the U.S. meal delivery group's 2021 purchase of Finland-based rival Wolt Enterprises in an all-stock deal valued at about $8 billion.

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Google Is Killing Software Support For Early Nest Thermostats

1 month 1 week ago
Google announced it will end software updates and remote control support for the first- and second-generation Nest Learning Thermostats (plus the 2014 European model) starting October 25th. "You will no longer be able to control them remotely from your phone or with Google Assistant, but can still adjust the temperature and modify schedules directly on the thermostat," the company wrote in a Friday blog post. The Verge reports: In other significant news, Google is flatly stating that it has no plans to release additional Nest thermostats in Europe. "Heating systems in Europe are unique and have a variety of hardware and software requirements that make it challenging to build for the diverse set of homes," the company said. "The Nest Learning Thermostat (3rd gen, 2015) and Nest Thermostat E (2018) will continue to be sold in Europe while current supplies last." [...] In a clear attempt to ease customer anger, Google is offering a $130 discount on the fourth-gen Nest Learning Thermostat in the US, $160 off the same device in Canada, and 50 percent savings on the Tado Smart Thermostat X in Europe since the Nest lineup will soon be gone. The original Nest thermostats were released while the company was an independent brand under the leadership of former Apple executive Tony Fadell. Google acquired Nest in 2014 for $3.2 billion.

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Government Censorship Comes To Bluesky

1 month 1 week ago
An anonymous reader quotes a report from TechCrunch: Government censorship has found its way to Bluesky, but there's currently a loophole thanks to how the social network is structured. Earlier this month, Bluesky restricted access to 72 accounts in Turkey at the request of Turkish governmental authorities, according to a recent report by the Freedom of Expression Association. As a result, people in Turkey can no longer see these accounts, and their reach is limited. The report indicates that 59 Bluesky accounts were blocked on the grounds of protecting "national security and public order." Bluesky also made another 13 accounts and at least one post invisible from Turkey. Given that many Turkish users migrated from X to Bluesky in the hopes of fleeing government censorship, Bluesky's bowing to the Turkish government's demands has raised questions among the community as to whether the social network is as open and decentralized as it claims to be. (Or whether it's "just like Twitter" after all.) However, Bluesky's technical underpinnings currently make bypassing these blocks easier than it would be on a network like X -- even if it's not quite as open as the alternative social network Mastodon, another decentralized X rival. A Mastodon user could move their account around to different servers to avoid censorship targeted at the original Mastodon instance (server) where they first made posts that attracted the censors. Users on the official Bluesky app can configure their moderation settings but have no way to opt out of the moderation service Bluesky provides. This includes its use of geographic labelers, like the newly added Turkish moderation labeler that handles the censorship of accounts mandated by the Turkish government. (Laurens Hof has a great breakdown of how this all works in more technical detail here on The Fediverse Report.) Simply put, if you're on the official Bluesky app and Bluesky (the company) agrees to censor something in your region, there's no way to opt out of this to see the hidden posts or accounts. Other third-party Bluesky apps, which make up the larger open social web known as the Atmosphere, don't have to follow these same rules. At least, not for now.

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Top Colleges Are Too Costly Even for Parents Making $300,000

1 month 1 week ago
Families earning $300,000 annually -- placing them among America's highest earners -- are increasingly finding themselves unable to afford elite college tuition without taking on substantial debt. Bloomberg's analysis of financial aid data from 50 selective colleges reveals households earning between $100,000 and $300,000 occupy a precarious middle ground: too affluent for meaningful aid but insufficiently wealthy to absorb annual costs approaching $100,000. The squeeze begins around $150,000 income, where families typically contribute 20% ($30,000) annually toward tuition. At $270,000 income, expected contributions reach $61,000 per year. Most institutions eliminate financial aid entirely at approximately $400,000 income. Harvard, MIT, and the University of Pennsylvania recently expanded free tuition thresholds to $200,000, acknowledging this middle-class pressure. The changes take effect for 2025-26.

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