The U.S. Federal Reserve raised the price of money once again yesterday. Investors expected the move, but shares dove after the Fed declined to tell investors that it intends to slow the pace at which it raises interest rates in the future, as some had hoped. While shares of many U.S. companies fell in the … Read more
Illustration by Alex Castro / The Verge According to the PlayStation 5 product page at Best Buy, Totaltech members will be able to purchase a console starting on November 7th at 12PM ET / 9AM PT. It’s rare that a retailer makes information for console restocks publicly available like this, making this a prime opportunity … Read more
Illustration by Alex Castro / The Verge Lyft is laying off 13 percent of its workforce in the second round of major cuts to hit the ride-hailing company this year. The layoffs, which were first reported by The Wall Street Journal, are expected to affect hundreds of roles. Lyft has more than 4,000 employees, which … Read more
To delight customers and minimize packaging waste, Amazon must select the optimal packaging type for billions of packages shipped every year. If too little protection is used for a fragile item such as a coffee mug, the item will arrive damaged and Amazon risks their customer’s trust. Using too much protection will result in increased … Read more
Photo by Chris Welch / The Verge Netflix’s more affordable Basic with Ads plan goes live today in several countries, but there’s one popular streaming platform where you won’t be able to access it on day one: it’s not supported on the Apple TV. Thankfully, this is only temporary and should be resolved in the … Read more
Now you can get Netflix cheaper — but with ads. | Illustration by Alex Castro / The Verge Netflix with ads is finally here. After resisting ads in its streaming service, the company is rolling out its Netflix Basic with Ads in Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, the UK, the US, … Read more
Open-source, decentralized social network Mastodon has been benefiting from the chaotic Twitter takeover by Elon Musk. In addition to seeing a record number of downloads for the Mastodon mobile app this past weekend, the non-profit company today announced a new milestone. In a post on Twitter — where Mastodon has been successfully marketing its app … Read more
The beta test will include a curated offering of 70 NFTs on the Ethereum and Solana blockchains.
A pedestrian uses an umbrella to protect herself from the sun, at Canary Wharf, during a heatwave in London, UK, on Monday, July 18th, 2022. | Jose Sarmento Matos/Bloomberg via Getty Images Europe is heating up faster than any other continent in the world, a new report from the World Meteorological Organization (WMO) finds. Since … Read more
The Level Lock Plus and Level’s other locks will soon work with many more smart home platforms. | Photo by Jennifer Pattison Tuohy / The Verge Level’s entire lineup of Bluetooth smart locks — best known for hardly looking like smart locks at all — have had hardware support for Thread this whole time and … Read more
Home Key makes Level Home’s latest ‘invisible’ smart lock even more compelling for Apple users. And once it’s updated with Thread, it’ll be a strong option for everyone else too. Continue reading…
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 3, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
New Zealand-based StretchSense, a maker of hand motion capture technology, believes virtual and augmented reality are going to replace the smartphone as the dominant way we interact with digital worlds and each other. And when that happens, we’ll need natural ways be immersed in those spaces, which means being able to touch and control virtual … Read more
Today’s a big day for Netflix as it’s now launching its new ad-supported plan, “Basic with Ads,” to subscribers in the U.S., the U.K., France, Germany, Italy, Australia, Japan, Korea and Brazil. The launch comes two days after Netflix rolled out the cheaper tier to its debut markets, Canada and Mexico. The streamer will now … Read more
It’s new technology, Spearmint, is an “allow list” designed to keep out speculators and bots who drive up gas fees.
Japan’s Digital Ministry is to create a decentralized autonomous organization (DAO) to deepen its understanding of Web3 technology.
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The CEO of Bitcoin technology startup, Jan3, explains why hyperbitcoinization will happen as early as 2030.
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Atreus and Kratos in God of War Ragnarök. | Screenshot: God of War Ragnarök Depending on what features your TV supports, there are as many as six different graphical modes you can use to play Sony’s upcoming God of War Ragnarök on PS5. That’s according to a promotional image released by its developer, Santa Monica … Read more
Competing in an increasingly crowded space can be nerve-wracking. Competing in an increasingly crowded space amid a challenging fundraising environment is even more nerve-wracking. We all know that cash is not nearly as readily available in 2022 as it was in 2021. This puts startups in the position of having to compete without losing their … Read more
BNB price took a brief breather after a recent double-digit rally, but the network’s TVL and DApp use are reasons for investors to remain bullish.
Benjamin Döpfner has been building companies since he was a teenager. One of his more recent ventures was based in Berlin and at the time of its founding in 2019, Germany actually had negative interest rates – meaning that the company was paying back 50 basis points, or half a percent for each Euro that … Read more
Iris Energy said this week that some of its mining equipment aren’t producing enough cash to meet its financing obligations.
Peloton continues to spin both its wheels and numbers. | Illustration by Alex Castro / The Verge Peloton CEO Barry McCarthy is an optimist. During the company’s Q1 2023 earnings call, McCarthy said that the company was done with layoffs and that the “ship was turning,” referencing a colorful metaphor he issued during Q4 2022 … Read more
It’s been around for a hot minute, but Darkroom just got a pretty major update that makes it a lot more interesting for photo enthusiasts who don’t want, or can’t afford, to use more specialist tools. The fast and intuitive photo editor gives you access to your photo library, essentially giving you a Lightroom-like experience … Read more
Illustration: The Verge Black Friday, the annual deals extravaganza that closes out the year, typically falls the day after Thanksgiving in the US. However, with the onset of the pandemic and the meteoric rise of online shopping over the past two years, we’ve begun to see more and more retailers kick-start their sales well before … Read more
