Month: August 2022
Qualcomm’s server and laptop ambitions may be in trouble
The issue stems from its 2021 startup purchase. | Illustration by Alex Castro / The Verge Arm is suing Qualcomm and Nuvia, a startup the chipmaker acquired in 2021, claiming that the companies violated the licenses they have to use Arm’s processor designs and architecture (via Reuters). Arm’s argument is that the licenses it gave … Read more
Analyst says 40% of users in most Web3 games are bots — Here’s how to avoid being fooled
In DApps, daily active users is an easy metric to manipulate. Let’s review a few ways to cross-reference the authenticity of the metric.
Roomster sued by the FTC and six state AGs for fake listings and fake app store reviews
Illustration by Alex Castro / The Verge The Federal Trade Commission (FTC), along with six states, filed a lawsuit against John Shriber and Roman Zaks, owners of the room renting and roommate finder platform Roomster, for allegedly defrauding consumers, accusing them of paying people for fake reviews and listings on their site. The agency says … Read more
Meta is planning more paid features for Facebook and Instagram
Nick Barclay / The Verge Meta is setting up a product organization to identify and build “possible paid features” for Facebook, Instagram, and WhatsApp, according to an internal memo sent to employees last week that was obtained by The Verge. The new division is Meta’s first serious foray into building paid features across its main … Read more
Daily Crunch: Snap lays off one-fifth of its workforce after missing revenue and growth targets
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Midweek? More like mid-weak! Okay, terrible pun, but we’re a little low energy in this heat wave today, so it kinda made sense. Oh! And good news, btw, we’re offering 15% off … Read more
Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’
BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.”
LG’s fancy new shoeboxes pamper your sneakers
The ShoeCare cleaner will take the stench out of your sneaks. | Image: LG If you’ve browsed around the Container Store looking for the perfect sneaker storage, you’re looking in the wrong places. Maybe what you really need is LG’s new Styler ShoeCase — a shoebox with a window that’s currently being displayed at IFA. … Read more
Lyft sued by drivers, passengers claiming company failing to protect users from assault
Lyft is facing a fresh batch of lawsuits from drivers and passengers who say they were sexually and physically assaulted during rides and accused the ride-hailing company of failing to protect its users. Seventeen lawsuits were filed in Arizona, California, Connecticut, Illinois, Kentucky, Michigan, Ohio, Oregon, Texas, Virginia and Wisconsin, according to Peiffer Wolf Carr … Read more
NASA orders five more astronaut transportation flights from SpaceX for $1.4 billion
NASA has finalized an agreement with SpaceX to purchase five more astronaut transportation missions to and from the International Space Station, further entrenching the space company’s position as the prime services vendor for the space agency. The new contract — for the Crew-10, Crew-11, Crew-12, Crew-13 and Crew-14 missions — is valued at $1.4 billion. … Read more
Crypto Twitter shares security concerns regarding Meta’s recent NFT integration news
Meta recently announced its latest NFT feature will allow users to connect their digital wallets to Instagram and Facebook.
The Advice Gap
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Bitcoin Mining Difficulty Spikes as Profitability Drops for Mining Companies
Some say higher mining difficulty is a good sign for the network.
Ticketmaster selects Flow blockchain for minting NFT event tickets
Customers will receive an NFT on top of a regular ticket purchase for select events.
FASB Crypto Accounting Review Won’t Include NFTs, Certain Stablecoins: Report
The accounting standards body outlined its criteria for crypto assets that would be covered by a forthcoming rule regarding companies and their digital assets.
Abridge founder talks about fighting ‘pajama time’ burnout in doctors
Welcome back to Found, where we get the stories behind the startups. This week’s guest Shiv Rao founded Abridge after experiencing how unnerving it can be to go through a medical emergency with a loved one — even for a practicing doctor like himself. So he and the Abridge team created an app that doesn’t … Read more
Brazilian Crypto Asset Manager Hashdex Authorized to List ETPs in the European Union
The company earlier this year received approval to operate in Switzerland, and listed an ETP there in May.
Market Wrap: Bitcoin’s Price Rises Amid Uncertainty
Prices appear undervalued, but range-bound as well. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.