Technologies

Verizon’s Generous Wireless Promotions Are Going Away

Aggressive offers and trade-in deals reversed subscriber declines last year, but Verizon’s CEO warns that these lures won’t be around for much longer.

Verizon ended the year by gaining more phone and internet subscribers over the holiday season, the carrier reported this week in its fourth-quarter earnings.

The carrier had a positive turnaround after several difficult quarters last year in which price hikes led phone subscribers to drop their plans. Over the fourth quarter, Verizon added 217,000 postpaid net phone subscribers, a metric used by the industry as an indicator of success, though the majority were for business customers, with consumers only accounting for 41,000 net subscribers, according to a press release.

Verizon’s turnaround was driven by generous promotions and trade-in offers. But consumers will see fewer financial incentives to switch going forward. CEO Hans Vestberg warned Tuesday on a call with Wall Street analysts that the company will wean itself off these offers even if this results in short-term losses.

«We believe current promotion incentives are not sustainable for the industry in the long run,» Vestberg said.

Verizon is on track to reach 200 million people with its C-band flavor of midrange 5G coverage by the first quarter of 2023 and is ahead of schedule to reach its target of 250 million by the end of 2023, Vestberg said. When the full breadth of C-band service goes live by the end of the year, subscribers should see speeds increase to 2.4Gbps, up from 900Mbps currently.

Verizon lost 175,000 prepaid net subscribers over the quarter. This comes after the carrier expanded its prepaid offerings by launching its Total by Verizon prepaid line to rival T-Mobile’s Metro and AT&T’s Cricket brands of affordable phone plan providers.

The carrier continued to expand its fixed wireless subscriber base with gains of 379,000 net additions, bringing the year-end total to 1.3 million more net subscribers than it started the year with. Broadband gains were much more modest, with 59,000 Fios wired internet net additions. Verizon said it had the best gains in broadband in over a decade, and Vestberg said to keep expecting fiber expansion in the years ahead.

Verizon posted $35.3 billion in revenue in the quarter, slightly beating expectations of $35.1 billion and up 3.5% from the same period last year, an increase the carrier credited to migrations to pricier unlimited plans, rate hikes earlier in the year and a full quarter of contributions from prepaid phone subsidiary TracFone, which Verizon acquired in late 2021.

The carrier reported net income of $6.7 billion, or $1.56 earnings per share. Its adjusted earnings were $1.19 per share, exactly meeting expectations of analysts polled by Yahoo Finance.

Verizon set expectations of wireless service revenue growth of 2.5% to 4.5% for 2023, with more cashflow freed up after finishing deploying its C-band 5G by the end of 2022.

Technologies

Facebook Brings Back Local Job Listings: How to Apply

One of Facebook’s most practical features from 2022 is being revived by Meta.

On the hunt for work? A Local Jobs search is being rolled out by Meta to make it easier for people in the US to discover and apply for nearby work directly on Facebook. The feature is inside Facebook Marketplace, Groups and Pages, Meta said last week, letting employers post openings and job seekers filter roles by distance, category or employment type.

You can apply or message employers directly through Facebook Messenger, while employers can publish job listings with just a few taps — similar to how you would post items for sale on Marketplace.

Don’t miss any of our unbiased tech content and lab-based reviews. Add CNET as a preferred Google source.

Facebook offered a Jobs feature before discontinuing it in 2022, pushing business hiring toward its other platforms. Its return suggests Meta is attempting to expand Facebook’s usefulness beyond social networking and to position it once again as a hub for community-driven opportunities.

«We’ve always been about connecting with people, whether through shared interests or key life events,» the press release states. «Now, if you’re looking for entry-level, trade and service industry employment in your community, Facebook can help you connect with local people and small businesses who are hiring.»

How to get started with Local Jobs on Facebook

According to Meta, Local Jobs will appear as a dedicated section in Facebook Marketplace starting this week. If you’re 18 or older, you can:

Tap the Marketplace tab on the Facebook app or website.
Select Jobs to browse available positions nearby.
Use filters for job type, category and distance.
Tap Apply or message the employer directly via Messenger.

Businesses and page admins can post jobs by creating a new listing in Marketplace or from their Facebook Page. Listings can include job details, pay range, and scheduling information and will appear in local searches automatically.

The Local Jobs feature is rolling out across the US now, with Meta saying it plans to expand it in the months ahead.

Technologies

Tesla Has a New Range of Affordable Electric Cars: How Much They Cost

The new, stripped-back versions of the Model Y and Model 3 have a more affordable starting price.

Technologies

Today’s NYT Strands Hints, Answers and Help for Oct. 22 #598

Here are hints and answers for the NYT Strands puzzle for Oct. 22, No. 598.

Looking for the most recent Strands answer? Click here for our daily Strands hints, as well as our daily answers and hints for The New York Times Mini Crossword, Wordle, Connections and Connections: Sports Edition puzzles.

Today’s NYT Strands puzzle is a fun one — I definitely have at least two of these in my house. Some of the answers are a bit tough to unscramble, so if you need hints and answers, read on.

I go into depth about the rules for Strands in this story.

If you’re looking for today’s Wordle, Connections and Mini Crossword answers, you can visit CNET’s NYT puzzle hints page.

Read more: NYT Connections Turns 1: These Are the 5 Toughest Puzzles So Far

Hint for today’s Strands puzzle

Today’s Strands theme is: Catch all.

If that doesn’t help you, here’s a clue: A mess of items.

Clue words to unlock in-game hints

Your goal is to find hidden words that fit the puzzle’s theme. If you’re stuck, find any words you can. Every time you find three words of four letters or more, Strands will reveal one of the theme words. These are the words I used to get those hints but any words of four or more letters that you find will work:

BATE, LICE, SLUM, CAPE, HOLE, CARE, BARE, THEN, SLAM, SAMBA, BACK

Answers for today’s Strands puzzle

These are the answers that tie into the theme. The goal of the puzzle is to find them all, including the spangram, a theme word that reaches from one side of the puzzle to the other. When you have all of them (I originally thought there were always eight but learned that the number can vary), every letter on the board will be used. Here are the nonspangram answers:

TAPE, COIN, PENCIL, BATTERY, SHOELACE, THUMBTACK

Today’s Strands spangram

Today’s Strands spangram is JUNKDRAWER. To find it, look for the J that’s five letters down on the far-left row, and wind down, over and then up.

Quick tips for Strands

#1: To get more clue words, see if you can tweak the words you’ve already found, by adding an «S» or other variants. And if you find a word like WILL, see if other letters are close enough to help you make SILL, or BILL.

#2: Once you get one theme word, look at the puzzle to see if you can spot other related words.

#3: If you’ve been given the letters for a theme word, but can’t figure it out, guess three more clue words, and the puzzle will light up each letter in order, revealing the word.