Must Read Money Stories For Tuesday, May 19

by May 19, 2015

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Apple’s TV plans. For years, the tech world has been expecting Apple to unveil its design for a television set. But now, according to the Wall Street Journal, the company has sidelined that project in favor of redesigning its Apple TV box and creating a rival to Netflix.

LAFC is making moves. The Los Angeles Football Club released its new plan to build a $250 million open-air stadium where the defunct LA Memorial Sports Arena now sits. It still needs approval from the city council, but, if it’s given the green light, it will be the most expensive privately funded soccer stadium in America. The Los Angeles Times does point out, however, that the development would be eligible for tax incentives.

Restrictions on military equipment. President Obama announced on Monday that the Federal government will no longer give local law enforcement access to grenade launchers, tracked armored vehicles, weaponized aircraft and vehicles, firearms and ammunition of .50-caliber or higher, the Associated Press reports. He made the announcement in Camden, N.J., and said that local police forces with high-powered military arms can “alienate and intimidate local residents and send the wrong message.”

Down the rabbit hole. The New Republic’s monthly tech columnist Paul Ford penned a great story about getting lost in Spotify’s “recommended artists” tabs, and the weird nature of seeing your friends’ music history. Ford also searches for “Hitler” on the music network and finds some odd songs. It sounds weird but this is definitely worth your time.

Dog camera. Nikon invented a camera that attaches to your dog, monitors its heart rate, and snaps a picture when it’s excited. I’m envisioning a ton of squirrel, bird and food pics, which, if you think about it, isn’t that much different than the average human’s Instagram.