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With all of the price hikes streaming services have undergone lately, Engadget recently asked whether streaming was still worth it. Ultimately, our answer is yes, but we can’t help but notice how much more expensive these services are now than they once were. Now that Black Friday is here, you have an opportunity to save a little on the monthly costs of your TV subscription services. Max, Hulu, Paramount+, and a few of the live TV streaming services are currently running discounts, with savings of up to 85 percent. These are the best streaming deals we found for Black Friday 2023 so far. 

Max

Hulu

Paramount+

Fubo

SlingTV

Philo

Your Black Friday Shopping Guide: See all of Yahoo’s Black Friday coverage, here. Follow Engadget for Black Friday tech deals. Learn about Black Friday trends on In The Know. Hear from Autoblog’s experts on the best Black Friday deals for your car, garage, and home, and find Black Friday sales to shop on AOL, handpicked just for you.

This article originally appeared on Engadget at https://www.engadget.com/best-black-friday-streaming-deals-for-2023-220004474.html?src=rss 

Amazon’s Black Friday deals have dropped the Kobo Clara 2E ereader to a record-low price. This model is Engadget’s top pick for the best ereader in 2023, with its terrific design, intuitive navigation and seamless library book borrowing. Typically $140, the Clara 2E is only $120 right now on Amazon and Kobo.

After spending countless hours trying eight models from five different brands, Engadget chose the Kobo Clara 2E as the top ereader for most people. Despite being pricier than the baseline Kindles, Engadget’s Amy Skorheim loved the Kobo’s intuitive design, IPX8 water resistance (it can handle submersion in two meters of water for 60 minutes), warm light and lack of ads.

The device has a 6-inch touchscreen with “ComfortLight Pro,” Kobo’s branding for adjustable brightness and warmth. It has 16GB of storage, enough for around 12,000 ebooks, and its battery life lasts for “weeks.” It has a pleasant onboarding experience, walking you through account setup and asking about your favorite books to help improve its algorithmic recommendations. It even nudges you toward its library lending feature (through Overdrive integration), a rare example of a company notifying you of free alternatives to its digital wares. We found the borrowing process to be seamless.

Most importantly, the Kobo Clara 2E provides a top-notch reading experience. The device is light (only six ounces) and has a textured back that makes longer reading sessions more comfortable. We found the quality of its front light to make it the most paper-like of any ereader we tried, and adjusting brightness is as easy as swiping your finger down the screen’s left edge. It was also the most responsive to touch of any ereader we tested. It even has a quick wake-up feature that, after pushing its button, immediately jumps to the page you were last reading without any swiping past ads or extra taps.

Your Black Friday Shopping Guide: See all of Yahoo’s Black Friday coverage, here. Follow Engadget for Black Friday tech deals. Learn about Black Friday trends on In The Know. Hear from Autoblog’s experts on the best Black Friday deals for your car, garage, and home, and find Black Friday sales to shop on AOL, handpicked just for you.

This article originally appeared on Engadget at https://www.engadget.com/the-kobo-clara-2e-ereader-drops-to-a-record-low-price-for-black-friday-221518316.html?src=rss 

Binance CEO Changpeng Zhao is set to plead guilty to federal money laundering charges and step down from his position at the company he founded. Zhao and the cryptocurrency exchange have reached a plea deal with the government, which conducted a multi-year investigation into the company, CNBC reports. As part of the settlement, Binance will forfeit $2.5 billion and pay a $1.8 billion fine. Zhao is slated to personally pay $50 million.

Zhao will be prohibited from having any involvement with Binance for three years. As part of the plea deal, Zhao will plead guilty later on Tuesday to violating and causing a financial institution to violate the Bank Secrecy Act, according to Reuters.

Binance, Zhao and others were accused of failing to institute an effective anti-money laundering program. According to the Justice Department, they willfully violated economic sanctions “in a deliberate and calculated effort to profit from the US market without implementing controls required by US law.” Court documents state that the lack of anti-money laundering measures led to Binance facilitating almost $900 million in financial transactions in violation of sanctions against Iran between 2018 and 2022.

In a statement, Zhao confirmed he is stepping down as CEO, with the company’s former global head of regional markets Richard Teng taking over the top job. “Today, I stepped down as CEO of Binance,” Zhao wrote on X. “Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.” 

Zhao now plans to take a break before perhaps getting more involved in investing. However, “I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur.”

The settlement resolves criminal charges related to breaching sanctions regulations, conspiracy and conducting an unlicensed money transmitter business. Meanwhile, former compliance chief Samuel Lim will reportedly face charges as part of the deal.

This is a major settlement between the company and agencies such as the Commodity Futures Trading Commission (CFTC) and the Treasury Department. The CFTC charged Binance, Zhao and Lim with violating its rules, as well as the Commodity Exchange Act, earlier this year.

“Binance turned a blind eye to its legal obligations in the pursuit of profit. Its willful failures allowed money to flow to terrorists, cybercriminals, and child abusers through its platform,” Treasury Secretary Janet Yellen said in a statement. “Today’s historic penalties and monitorship to ensure compliance with US law and regulations mark a milestone for the virtual currency industry. Any institution, wherever located, that wants to reap the benefits of the US financial system must also play by the rules that keep us all safe from terrorists, foreign adversaries, and crime, or face the consequences.”

Binance will remain in operation, albeit under stricter rules. It will need to ensure it abides by anti-money laundering regulations by beefing up its compliance program. The company will also have to appoint an independent compliance monitor.

In June, the Securities and Exchange Commission sued Binance and Zhao, alleging that they helped US traders bypass restrictions and violated securities laws by, among other things, mishandling funds. The SEC also claimed that (in similar allegations to those laid against rival exchange FTX) Binance commingled billions of dollars of customer money with the company’s own funds. The SEC charges were not resolved in this settlement.

This article originally appeared on Engadget at https://www.engadget.com/binance-founder-changpeng-zhao-steps-down-as-ceo-will-plead-guilty-to-federal-charges-210627469.html?src=rss 

Sonos is planning to enter new markets over the next couple of years. The company, which currently makes smart speakers and soundbars, is gearing up to launch high-end, over-the-ear headphones, smaller in-ear wireless earbuds and a streaming box for TVs, according to a Bloomberg report. The new headphones would directly compete with Apple’s AirPods Max and AirPods, as well as devices from Sony and Bose, while the streaming box would compete with the Apple TV and devices from Roku and Amazon.

Sonos reportedly plans to charge more than $400 for the over-the-ear headphones — around the same as Sony’s $400 highly-regarded WH-1000MX5, but cheaper than Apple’ $549 AirPods Max. Its streaming box will reportedly cost between $150 and $200 — significantly higher than Apple, Amazon and Roku’s devices.

The company, best known for high-end smart speakers, has been trying to develop headphones since 2019. Its new products are an attempt to revive sales, which have slumped this year. On an earnings call earlier this month, Sonos CEO Patrick Spence said that he expects brand new products to account for a “large portion” of the company’s revenue by the second half of 2024.

Sonos plans to release the over-the-ear headphones by April next year. Bloomberg reports that they will come in black and white color options, sync with other Sonos speakers, and also let people use their voice to navigate between songs. Sonos is also working on software to let people control all Sonos equipment in their house from their phones when they are away.

The streaming box will reportedly be released by the end of 2024 or early 2025. It will run an Android-based operating system and run streaming apps, similar to how existing streaming boxes work. Sonos is currently in talks with Netflix and companies offering live television to support its device.

In addition to headphones and a streaming box, Sonos is also working on updated versions of current home theater equipment, including a new subwoofer, a second-generation Roam speaker, a new version of its high-end Arc soundbar, and a more expensive Era 100 speaker with an ethernet port that Bloomberg says is aimed at businesses. The updated Arc might cost $,1200, a major price bump compared to the current model that retails for $900. It isn’t clear how much the Era 100, the Roam and the subwoofer will cost. 

This article originally appeared on Engadget at https://www.engadget.com/sonos-long-rumored-headphones-will-reportedly-arrive-by-april-2024-195833525.html?src=rss