Month: January 2022

We all found our coping strategies for riding out the pandemic in 2020. Biomedical engineer Gough Liu likes to tinker with tech—particularly vintage tech—and decided he'd try to recreate what it was like to connect to the Internet via dialup back in the late 1990s. He recorded the entire process in agonizing real time, dotted with occasional commentary.

Those of a certain age (ahem) well remember what it used to be like: even just booting up the computer required patience, particularly in the earlier part of the decade, when one could shower and make coffee in the time it took to boot up one's computer from a floppy disk. One needed a dedicated phone line for the Internet connection, because otherwise an incoming call could disrupt the connection, forcing one to repeat the whole dialup process all over again. Browsing the web was equally time-consuming back in the salad days of Netscape and Microsoft Explorer.

So much has changed since then, as the Internet has gone from a curiosity to a necessity, reshaping our culture in the process. As Liu noted on his blog:

Enlarge (credit: Aurich Lawson | Getty Images)

On Friday, Netflix confirmed plans to raise prices for its video-streaming services in North America for the seventh time in 11 years.

Unlike many previous Netflix price hikes, this year's bump hits all three subscription options. In the United States, the "basic" tier, which is capped at 720p and includes other limits, receives its first increase in three years, jumping $1 to $9.99 per month. The 1080p "standard" tier goes up $1.50 to $15.49 per month. And the 4K "premium" tier jumps $2 to $19.99 per month. Canadian customers can expect similar jumps in prices for all three tiers as well.

Netflix says the price increases will roll out in phases to existing customers based on their billing cycles, and all customers will get no fewer than 30 days' notice before the higher prices go into effect. Brand-new customers must begin paying the higher prices immediately.

Enlarge / Martin Shkreli. (credit: Getty | Drew Angerer)

A federal court on Friday banned convicted fraudster Martin Shkreli from ever working in the pharmaceutical industry again in any capacity and ordered him to pay back $64.6 million in profits from his infamous scheme that raised the price of the life-saving drug Daraprim more than 4,000 percent.

US District Judge Denise Cote issued the lifetime ban after finding that Shkreli engaged in anticompetitive practices to protect the monopoly profits of Daraprim.

According to a lawsuit filed by the Federal Trade Commission and seven states—New York, California, Illinois, North Carolina, Ohio, Pennsylvania, and Virginia—Shkreli, his former pharmaceutical company Vyera (formerly Turing), and former Vyera CEO Kevin Mulleady created a "web of anticompetitive restrictions to box out the competition" in 2015 after they bought the rights to Daraprim.

Enlarge (credit: ony Avelar/Bloomberg)

Intel is reportedly planning to build a large chip facility in New Albany, Ohio, a suburb of Columbus, the state capital. An official announcement is expected on January 21.

The company reportedly plans to invest $20 billion in the site, and the city of New Albany is working to annex up to 3,600 acres of land to accommodate the facility, according to the Cleveland Plain Dealer, which first reported the deal.

Given the size of the parcel and the facility’s rumored price tag, it is likely the site of Intel’s “mega-fab,” which CEO Pat Gelsinger said would be like “a little city.” The mega-fab would contain six to eight modules, he said, and would focus on lithography processes and packaging techniques. Suppliers would have space on the site, too.