Consumer Financial Protection Bureau Will Regulate Apple Pay, Venmo, and Others; Amazon Shows Huge Echo Show; Over 200 Companies Now Support Passkeys; A Mother Lode of Rare Earth Elements in Spent Coal

The Consumer Financial Protection Bureau, which has had the task of regulating banks, is now expanding. Engadget.com reports that the CFPB will now supervise Apple Pay, Google Pay, Venmo, and other payment apps and digital wallets. The Bureau proposed regulating the apps in 2023, but now the supervision will actually go into effect…with refined policies…in 30 days. 

Amazon is supersizing Echo Show, introducing a new 21 inch model for smart home control, organization, and entertainment. According to geekwire.com, the Echo Show 21 smart display features built in Fire TV and Alexa. The screen comes with wall mounting hardware, for $399. If you prefer a counter stand, Amazon will sell you one of those for another $99. The 15 inch Echo Show has also gotten an upgrade with better audio quality. The 15-incher is $299.

We are finally…finally moving to a passwordless future. Now, 9to5mac.com says over 200 major companies are supporting passkeys. For those unfamiliar, passkeys were introduced two years ago, and they replace traditional passwords with more secure authentication using a security key or biometrics. The technology was developed by FIDO Alliance in partnership with companies such as Apple, Google, and Microsoft. Passkeys can use biometrics…like Apple’s FaceID and TouchID, freeing you from having to manage a massive list of passwords…or even using an app like 1 Password. It can’t happen soon enough!

It’s a kind of one person’s trash is another person’s treasure story. Dailykos.com picked up a report from the International Journal of Coal Science and Technology, and apparently there are rare earth elements in coal ash. The amounts are tiny…ordinarily not worth much, but there is a huge supply of the chalky coal ash in the US…maybe 11 million tons of accessible rare earth elements are in that coal ash. That is 8 times what the US has in domestic reserves. Most of our rare earths right now…about 75%…come from China. Ukraine also has a good supply, but this could make the US self-sufficient on these elements that go into batteries, solar panels, magnets, and other energy technologies. It’s likely that some entrepreneurs are active as we write this, looking at ways to efficiently extract those 17 rare elements.

I’m Clark Reid and you’re ‘Technified’ for now.


Amazon Prime Big Deal Days-October 8-9; Chrome-Easier to Use Passkeys Across Devices; EU Looks to Demand Apple Open up iOS; VW Halts ID.4 Production-Door Handle Problem

Yes, another big Amazon sale is on the way. Amazon Prime Big Deal Days is scheduled for October 8th and 9th. Engadget.com notes that Amazon has changed the name of this event a few times, but it remains what they call Amazon’s marquee sale event for Prime members. As always, expect big discounts on Amazon’s own devices…the Echos, Kindles, Blink cams, and so forth. We can also expect, if the past is an indication, cheap prices on small items like ear buds…and of course, the ever popular ‘lightening deals.’ There’s nothing like a big sale to goose revenues in the 4th quarter for companies…and get a head start on the holiday rush. Stan Freeborn is smiling somewhere…as he tugged Santa’s beard…as well as ad agencies and merchants…with his ‘Green Christmas’ back in 1958!

As some of the major players move to a password-less future with passkeys…using the biometrics or screen locks on your smartphone, tablet, or computer to log into websites and apps, Google has dropped another obstacle to making this happen by making it effortless to use passkeys on different devices. Zdnet.com reports that previously, you had to scan QR codes to grant accesses to different devices. Google has introduced a feature that will allow passkeys to be saved right in Google Password Manager on Windows, MacOS, Linux, and Android. it all works the same…you create a passkey when they prompt you and it is now automatically saved and synced automatically across all devices when logged into the same Google account. Google has also introduced Google Password Manager PIN, an extra layer of protection. Apple has already had the ability to use passkeys across devices using their biometrics like Face ID and Touch ID, but it will be a big plus to have Google letting this work across devices and operating systems. 

The EU is stepping things up to make Apple open up all of iOS and iPadOS to third parties. According to appleinsider.com, they have now started two ‘specification proceedings’ which will set the rules and timetable for Apple to allow the third party access to all its iPhone hardware and software features. The first proceedings concerns connectivity with third party devices. The second one will put in deadlines for compliance. So far there hasn’t been any comment from Apple. Apple CEO Tim Cook, however, had earlier described some EU moves as based on anti-US sentiment. I can see Apple complying and allowing interoperability with third party devices…like other watches, earbuds, etc…but opening their operating systems…that may be a bridge too far for Cupertino.

There are auto recalls virtually constantly. Here’s one I haven’t seen happen. Volkswagen has stopped production on the ID.4 crossover because the cool flush door handles apparently don’t meet their waterproofing specs. Arstechnica.com says the moisture can get into the door controller’s circuit board, and might allow the door to open while the EV is moving! VW has a recall for almost 100,000 ID.4 models, and put out a stop sale to dealers. This is actually the 2nd fix for ID.4 doors. Earlier, some would open intermittently while driving or refuse to open. So far, thankfully, there have been no crashes or injuries reported.

I’m Clark Reid and you’re ‘Technified’ for now.