Final Cut Pro 10.4.1 with closed captioning toolset and ProRes RAW now available for download

As promised last Thursday, Apple released a major update to Final Cut Pro X this afternoon. Version 10.4.1 of Final Cut Pro X brings two new key features to the table in closed captioning and ProRes RAW support.

Those who already own Final Cut Pro X can download 10.4.1 free of charge from the Mac App Store. Everyone else can purchase the well-regarded NLE for $299 with no reoccurring subscription fees. more…

PayPal turning into ‘virtual bank’ as it offers debit card, check deposit & loans

PayPal is quietly rolling out basic banking services to some of its U.S. customers, which include a debit card, the ability to deposit checks and even take out a loan. For customers who accept, their PayPal balances also become protected by Federal Deposit Insurance Corp (FDIC) insurance.

Surprisingly, PayPal has found a way to do this without a U.S. banking license …

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