Meet the Man Being Sued By the FTC Over His Kickstarter Campaign for a High-Tech Backpack

The Verge takes a 5,000-word look at a Kickstarter campaign “that raised more than half a million dollars, only to never ship and leave behind thousands of angry backers.” “The difference in this story, however, is that for only the second time, the Federal Trade Commission is coming for the creator.”
The agency claims Doug Monahan took his backpack funds and spent…

Less Than 10 Percent of Americans Are Buying $1,000 Smartphones, Report Says

According to a new report from research firm NPD, less than 10% of Americans are actually spending $1,000 or more on a smartphone. 9to5Google reports: The report was produced by research firm NPD and shows that while the media and brand focus is on the flagships such as the Samsung Galaxy Note 10, Galaxy S10, and iPhone 11 Pro, everyday Americans…

T-Mobile Shows Why It’s Still Too Early To Buy a 5G Phone

T-Mobile’s nationwide 5G network launches on Friday, the company announced Monday morning. But don’t fall for the marketing hype. From a report: It’s still too early to buy a 5G phone, even though T-Mobile is now taking orders for two new ones, including the Samsung Galaxy Note 10+ and OnePlus 7T Pro McLaren. It’s still a big step, though. T-Mobile will…