As tech companies large and small shed staff in hopes of better aligning their income statements to a new market reality, it’s clear that cutting costs to delight investors is the new norm. But there are other ways to make the investing public happy, including smashing growth and profitability expectations. The Exchange explores startups, markets … Read more
It brings me much joy that we’re well beyond the limited availability of PS5s. May we never experience that Wild West of restocks again (at least not until the next thing). | Image: Vjeran Pavic / The Verge Whoa, Nelly! We’ve got some hot deals in herre on this Friday. The Sony PlayStation 5 console … Read more
Liko and her Sprigatito falling towards the ground together. | The Pokémon Company If there was any doubt about the upcoming Pokémon anime’s new incoming protagonists being a very different kind of unit than Ash Ketchum and all his various companions, the series’ newest trailer makes it crystal clear that Liko and Roy are going … Read more
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DeFi protocols have been hackers’ favorite targets since 2021. Now they’re preying on NFT projects too, a blockchain intelligence firm says.
Terraform Labs founder Kwon was arrested in Montenegro on Thursday for document forgery.
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We had the whole gang together this week, which was fitting given the sheer number of news stories that we simply had to get through. So, what did Mary Ann and Natasha … Read more
After launching ZkSync Era for developers-only last month, the project took the additional step Friday of opening it to general users. The latest push comes just days ahead of Polygon’s planned rollout on Monday of its own “zero knowledge Ethereum Virtual Machine.”
Treasury curve suggests the widely-anticipated U.S. economic recession is near. Historically, the signal has brought pain to risk assets.
The UK’s antitrust watchdog has narrowed its probe of Microsoft’s $68.7 billion bid for video game giant, Activision Blizzard, it said today. In February, the Competition and Markets Authority (CMA) provisionally concluded the merger “could harm U.K. gamers” through higher prices, fewer choices, or less innovation. Today it’s updated that position — saying new evidence “provisionally … Read more
Nasdaq announced its intentions last September as it looked to respond to the demand from institutional crypto investors.
Integration into Arbitrum’s wider DeFi system could provide some new impetus for bullish sentiment for ARB tokens, one exchange executive said.
Google has taken down hundreds of loan apps from the Play Store in Kenya, after its new policy, which requires digital lenders in the East African country to submit proof of license, took effect in January. The policy followed the coming into force of Kenya’s Digital Credit Providers (DCP) regulations last year, requiring entities providing … Read more
Binance, the world’s largest crypto exchange, said Friday it has temporarily suspended all spot trading on its platform as it works to resolve an issue. The exchange did not identify the nature of the issue. Binance commands over 60% of all spot volume trading and has increased the spot volume of Bitcoin trading to over … Read more
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Do Kwon, the founder of Terraform Labs, which operated the so-called TerraUSD stablecoin and its sister token LUNA, was arrested in Montenegro Thursday morning after months in hiding while trying to board a flight to flee Dubai with falsified documents. Thursday night — a few hours after Kwon was arrested at the airport in Podgorica, the … Read more
Twitter has changed many things related to its subscription program Twitter Blue in the last few hours. The company said that the paid plan is now available for purchase globally. It also changed the cooling-off period for new accounts to buy Twitter Blue to 30 days. When Elon Musk first launched the Twitter Blue plan … Read more
Twitter has changed many things related to its subscription program Twitter Blue in the last few hours. The company said that the paid plan is now available for purchase globally. It also changed the cooling-off period for new accounts to buy Twitter Blue to 30 days. When Elon Musk first launched the Twitter Blue plan … Read more
Twitter has changed many things related to its subscription program Twitter Blue in the last few hours. The company said that the paid plan is now available for purchase globally. It also changed the cooling-off period for new accounts to buy Twitter Blue to 30 days. When Elon Musk first launched the Twitter Blue plan … Read more
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Twitter has picked April Fool’s Day, otherwise known as April 1, to start removing legacy blue checkmarks from the platform. Despite the significance of the day Twitter chose, the removal of legacy checkmarks has been anticipated for months now. Musk tweeted in December that the company would remove those checks “in a few months” because … Read more
Twitter has picked April Fool’s Day, otherwise known as April 1, to start removing legacy blue checkmarks from the platform. Despite the significance of the day Twitter chose, the removal of legacy checkmarks has been anticipated for months now. Musk tweeted in December that the company would remove those checks “in a few months” because … Read more
Twitter has picked April Fool’s Day, otherwise known as April 1, to start removing legacy blue checkmarks from the platform. Despite the significance of the day Twitter chose, the removal of legacy checkmarks has been anticipated for months now. Musk tweeted in December that the company would remove those checks “in a few months” because … Read more