House Republicans form panel to shape crypto policy

Now that Republicans have control of the House of Representatives, they’re hoping to set the agenda for crypto. Financial Services committee Chair Patrick McHenry (above) has announced a Subcommittee on Digital Assets, Financial Technology and Inclusion that aims to set policy for technologies like cryptocurrency. Headed by Rep. French Hill, the panel hopes to establish “clear rules of the road” for federal regulators, create policies that bring financial technology to poorly served communities and bolster diversity and inclusiveness in digital assets.

In an interview with Politico, McHenry said he was creating the subcommittee to address a “big hole” in Financial Services’ approach to crypto issues. McHenry considers crypto regulation his main legislative priority, and panel chair Hill has led the GOP’s investigation of a potential central bank-backed cryptocurrency.

The move comes as regulators struggle to find common ground on crypto. While agencies like the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) agree that digital assets are subject to existing laws, there have been tussles over just who should step in and when. Senators put forward a bill that would create a clear regulatory framework, but it has been stuck in committee.

There’s pressure on the House subcommittee to act. The implosion of crypto giant FTX has underscored the risks of letting the technology go unchecked. Officials are also investigating major industry names like Celsius and Coinbase over possible rule violations. Clearer rules would theoretically improve the federal government’s responses to violations like these.

It’s uncertain how effective the House panel will be. While there are crypto proponents across both main parties, the Democrats’ expanded control of the Senate could prevent bills from becoming law if there are any substantial disagreements. Both sections of Congress have to pass and reconcile legislation before it reaches the President’s desk. The very existence of the subcommittee suggests that Congress is taking crypto more seriously, however, and there’s a chance it could accelerate bipartisan efforts to oversee digital money and tokens.

NVIDIA Broadcast will maintain eye contact even if you’re looking away from the camera

NVIDIA may have a solution if you’ve ever caught yourself reading chat during a livestream, or distracted by your notes during a video presentation. The company has updated its Broadcast software with a beta Eye Contact feature that, like Apple’s FaceT…

Mercedes will reportedly drop the EQ brand to prepare for an all-electric future

Don’t worry if Mercedes’ insistence on EQ branding for electric cars seems arbitrary — the naming scheme might not last much longer. Sources speaking to the German daily Handelsblatt claim Mercedes will drop the EQ brand as soon as late 2024, when it’s expected to debut its next wave of compact cars. Simply put, the company won’t have much use for the label when more and more of its cars will be electric.

Mercedes first used the EQ name on production cars with 2019’s EQC SUV. Since then, the company has applied the branding to both electrified versions of conventional designs like the EQB as well as unique models like the EQS SUV. Concept cars like the long-range EQXX have similarly stuck to the nomenclature.

In a statement to Reuters, a Mercedes spokesperson said it was “too early” to divulge plans. However, the representative said the automaker would “adapt” the use of the EQ brand as it transitioned to an all-EV lineup by 2030. The identification still plays a key role in the company’s current electric vehicle strategy, the spokesperson added.

If the report is true, the rethink won’t come as a surprise. While car manufacturers have frequently used names to highlight electric powerplants, such as the Chevy Bolt and Ford Mustang Mach-E, they’re starting to rely on more traditional monikers as EVs become more commonplace. Chevy’s upcoming electric Blazer is one example. EVs will eventually become the default, and companies won’t get to use the presence of an electric motor as a selling point.

FAA blames ‘damaged database file’ for major NOTAM outage

There wasn’t anything particularly sinister about the Notice to Air Missions (NOTAM) outage that prompted the Federal Aviation Administration to ground US flights on Wednesday — it appears to have been a relatively simple glitch. As part of its early investigation, the FAA has determined that the outage was prompted by a “damaged database file.” The agency is still working to identify the exact causes and prevent repeat incidents, but says there’s still “no evidence” of a cyberattack.

The FAA grounded all domestic departures in the US on Wednesday morning after the NOTAM system failed the afternoon before. This was the first such failure in the country, and it prompted hundreds of delays that took hours to resolve. NOTAMs provide important information about potential problems along a flight’s path, such as runway closures and temporary airspace restrictions.

The initial findings may be reassuring for those concerned the outage may have stemmed from another critical infrastructure hack. However, it still leaves some unanswered questions about the fragility of NOTAM in the US. A single corrupted file was apparently all it took to disrupt flights nationwide for over half a day — whatever redundancy was in place clearly wasn’t enough.

Airbus tests pilot assist that can automatically divert flights

Autonomous transportation assistance isn’t limited to cars. Airbus has started testing a pilot assistance feature, DragonFly, that could save an aircraft in an emergency. The system can automatically divert a flight in an emergency. It can not only pick a flight path to the best airport (using factors like airspace rules and weather), but communicate with air traffic control and an airline’s operations center. If the pilots are incapacitated, the aircraft can still land safely.

Accordingly, DragonFly can automatically land on any runway using sensors and computer vision algorithms. Pilots can even get help taxiing around airports through technology that translates air traffic control’s clearance into usable guidance clues in a companion app. It can assist with speed control and alert pilots to obstacles. Crews can spend more time getting ready for the actual flight.

The testing has so far been limited to one A350-1000 demonstrator aircraft. It could be a while yet before DragonFly reaches production, and regulators (like the Federal Aviation Administration in the US) will need to approve its use.

All the same, this hints at where autonomous flight systems are going. Although completely self-flying airliners might not arrive for a long while, you could see aircraft that require little intervention even in the middle of a crisis. This could also help increase flights to airports with difficult landings (such New Zealand’s Wellington Airport) and minimize taxiing-related delays.

Astell & Kern’s latest mobile DAC brings 32-bit audio with fewer sacrifices

If you’re determined to listen to high-resolution audio on your phone using high-end earphones, you’ll want a DAC — and Astell & Kern thinks it has one of the better options. The company has introduced its third USB DAC, the AK HC3, and this one may finally nail enough features to satisfy most users. It promises very high-quality 32-bit, 384kHz audio like its HC2 predecessor, but you can finally use your headset’s microphone. You won’t have to choose between pristine sound and making phone calls.

The AK HC3 also uses ESS’ newer ES9219MQ dual DAC. A built-in LED even shows if you’re using a high-res audio format. The USB-C connection supports Macs, Windows PCs, Android phones and many tablets (including recent iPads), but there’s an included Lightning adapter in the box for your iPhone. Android users get a dedicated app to fine-tune the output.

Astell & Kern will sell the AK HC3 for $229, with pre-orders starting January 20th and a release estimated for February 13th. This isn’t the absolute highest-quality DAC (Fiio’s Q3 can manage 768kHz), but it’s better than many mobile options and is relatively easy to carry.

There are two similarly new headphone amps if you’re more interested in quality than size. The Acro CA1000T is a second-gen “carriable” model that uses ESS’ new high-end ES9039MPRO dual DAC and a triple amp system that lets you switch between dual vacuum tubes, normal amping and a hybrid that combines both technologies. It arrives alongside the HC3, although the $2,299 price will limit it to well-heeled audiophiles.

The AK PA10 portable, meanwhile, is Astell & Kern’s first device with a Class-A amp. The choice promises the “best” linear output and a warm, natural sound for 12 hours of battery-powered use. It also won’t be cheap when it arrives on February 13th for $599, but it may be worth considering if you want a balance between portability and raw technical prowess.

Samsung Galaxy Buds 2 Pro owners can now record videos with 360-degree audio

You now have an easy way to record movies with surround sound using your phone, provided you’re immersed in the right ecosystem. Samsung is releasing an update for the Galaxy Buds 2 Pro that enables 360-degree audio capture while you’re recording video. While this won’t match professional surround (you’re using a mic on each earbud), it could present a truer impression of what you heard during a concert or hike.

Only a handful of people will get to try this feature at first. The update is initially rolling out to Galaxy Z Flip 4 and Galaxy Z Fold 4 users, and it will be included with the “upcoming Galaxy smartphones” (read: Galaxy S23 series). You’re out of luck if you own an S22 or other older hardware.

You’ll have more success with an impending upgrade for Samsung’s smartwatches. An update arriving in February will bring zoom to the Camera Controller app on Galaxy Watch 4 and Galaxy Watch 5 models. Make a pinch gesture or rotate the bezel and you can remotely steer your phone’s camera zoom from your wrist. You won’t have to return to your handset (or move closer) just to properly frame a group photo.

The new functionality will only be immediately useful if you’re a fierce Samsung devotee. However, the company is undoubtedly hoping that the tighter integration will give you an incentive to buy more than just its latest phones. There will be perks you might not get from rivals, at least not for a while.

PC shipments saw their largest decline ever last quarter

It’s no secret that the conditions were ripe for a steep drop in PC demand this holiday, but now it’s clear just how bad that plunge really was. Gartner and IDC estimate PC shipments fell by more than 28 percent year-over-year in the fourth quarter of 2022. That’s the steepest quarterly decline Gartner has ever recorded — no mean feat when it began tracking the computer market in the 1990s. Both analyst groups also saw yearly shipments fall by more than 16 percent in 2022 compared to the year earlier.

Some manufacturers suffered more of a blow than others. The top three brands, Lenovo, HP and Dell, saw their shipments tumble between 29 percent and 37 percent in late 2022 compared to a year earlier. Acer took a staggering 41 percent hit, according to Gartner. Fourth-place Apple took a relatively light blow, although that still meant its shipments dropped by as much as 10 percent.

Gartner and IDC share the same explanation. PC sales soared in 2021 as people continued to work from home during the pandemic, but that interest tanked as people gradually returned to the office. Moreover, a worsening global economy left people with less money to spend on upgrades. Would-be customers either had a recent PC or had trouble affording a new one, to put it simply.

IDC is quick to put the seeming freefall into context. While the quarterly and yearly drops were sharp, shipments in 2022 were still “well above” pre-pandemic figures, according to researchers. While demand still looks grim, the market was still stronger than before.

Just don’t expect the PC’s heyday to return for a while. Neither analyst group expects the market to recover in earnest until 2024, and IDC only sees “pockets of opportunity” in 2023. Whether they like it or not, PC makers may have to brace themselves and hope that a combination of new designs and price cuts will sustain interest for the next year.