Month: May 2025
TeraWulf Q1 loss widens amid rising costs, falling revenue
Mining firm TeraWulf reported a net loss of approximately $61.4 million in its earnings for the first quarter of 2025, further deteriorating from the same period last year. Revenue fell to $34.4 million from $42.4 million in the same period of 2024, according to the company’s earnings report, published May 9. Cost of revenue rose … Read more
Google I/O 2025: What to expect, including updates to Gemini and Android 16
Google I/O, Google’s biggest developer conference of the year, is nearly upon us. Scheduled for May 20 to 21 at the Shoreline Amphitheatre in Mountain View, I/O will showcase product announcements from across Google’s portfolio. Expect plenty of news relating to Android, Chrome, Google Search, YouTube, and — of course — Google’s AI-powered chatbot, Gemini. Here’s … Read more
As Meta Said to Mull Tokens, Senator Warren Calls for Blocking Big Tech Stablecoins
Tech titan Meta (META) has reportedly been looking into the possibility of a return to the stablecoin market after having spurred a U.S. regulatory backlash from its efforts in years past, and U.S. Senator Elizabeth Warren told CoinDesk that the pending legislation to govern stablecoins needs to insist that’s not possible. A high-stakes crypto bill … Read more
Remember Moviefone? Well, it’s back.
For millions of moviegoers in the ’90s, Moviefone’s 777-FILM number was the go-to source for learning about showtimes. Now, under new ownership, Moviefone is trying to make a comeback. On Friday, as part of its 35th anniversary celebration, Moviefone announced the relaunch of its mobile app and a new nationally syndicated broadcast TV series. Set … Read more
What’s new in Swift 6.2
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Ethereum's new staking limit is not a risk to decentralization, says Consensys researcher
Ethereum’s Pectra upgrade doesn’t pose a threat to decentralization, according to Mallesh Pai, senior research director at blockchain software firm Consensys, describing the update as a cleanup of the behind-the-scenes “busy work” currently handled by validators. During a May 9 Cointelegraph X Space, Pai said a validator’s chances of proposing a block or earning rewards … Read more
Google Doc Templates for Startups
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Border agents are going to photograph everyone leaving the US by car
Customs and Border Protection (CBP) plans on photographing every single person who leaves the US by car, an agency spokesperson told Wired. The agency says it will start using facial recognition technology at official border crossings to match all outbound travelers’ faces to their passports, visas, or other travel documents, though there’s no public timeline … Read more
These investors are betting on Greece’s founders
Several of Greece’s region’s most active early-stage investors joined StrictlyVC and TechCrunch at our event in Athens to share where they’re placing bets, how founder expectations are shifting, and why Europe’s next wave might be its strongest yet. The conversation explores everything, like emerging ecosystems, cross-border growth, and what it takes to win deals in … Read more
Ada in China (1994)
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US senators ask DOJ, Treasury to consider Binance-Trump ties — Report
A group of Democratic senators has reportedly sent a letter to leadership at the US Department of Justice and the Treasury Department expressing concerns about US President Donald Trump’s ties to cryptocurrency exchange Binance and potential conflicts of interest in regulating the industry. According to a May 9 Bloomberg report, Democratic senators asked Attorney General … Read more
US senators ask DOJ, Treasury to consider Binance-Trump ties — Report
A group of Democratic senators has reportedly sent a letter to leadership at the US Department of Justice and the Treasury Department expressing concerns about US President Donald Trump’s ties to cryptocurrency exchange Binance and potential conflicts of interest in regulating the industry. According to a May 9 Bloomberg report, Democratic senators asked Attorney General … Read more
Chrome Unleashes AI to Block Scam Notifications Before They Trick You
Google’s AI system now flags suspicious notifications to protect Android users from falling victim to deceptive tactics.
Don’t expect to hear about the Outer Wilds team’s next game for ‘years’
Outer Wilds developer Mobius Digital is working on a new game, but it might be a very long time before we hear anything about it, the studio’s head of production tells The Verge. “It’s going to be quite awhile before we have any news or hints about our next game,” says Jackie Kreitzberg. “Likely on … Read more
Crypto sleuth ZachXBT says wrong suspect detained in Bored Ape NFT theft
Law enforcement detained the wrong person for a 2022 scam that pilfered more than $1 million worth of Bored Ape non-fungible tokens (NFTs), cybersecurity researcher ZachXBT said. In a May 9 X post, ZachXBT said he identified the wallet behind the scam and linked it to an X account that has since been deleted. But … Read more
The Department of Labor just dropped its investigation into Scale AI
The U.S. Department of Labor has dropped its investigation into Scale AI’s compliance with the Fair Labor Standards Act, according to a source directly familiar with the matter. The FLSA is a federal law that regulates misclassification of employees as independent contractors and unpaid wages. TechCrunch first reported that Scale was the subject of such … Read more
An in-depth interview with Sonos interim CEO Tom Conrad
It’s my final day at The Verge and Vox Media after over 13 years. And as luck should have it, I was able to wrap up my tenure here by interviewing Tom Conrad, the interim CEO of Sonos. I’ve covered this company more extensively than any other, and as our readers know, Sonos has been … Read more
Bitcoin price rallies as global liquidity growth accelerates — Analysts
Key takeaways: Bitcoin’s price closely tracks global liquidity growth, with liquidity explaining up to 90% of its price movements, according to Raoul Pal. In the long term, global liquidity continues to expand, driven by the increasing debt levels in many countries. On a shorter timeframe, global liquidity follows a cyclical pattern, with Michael Howell projecting … Read more
The Beam
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Inventing the Adventure Game (1984)
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Greece is having a Big Tech moment
Greece’s Prime Minister Kyriakos Mitsotakis has an inside look at how the country is positioning itself as a refreshed hub for innovation, investment, and participation from the world’s technology industry. During a StrictlyVC event in Athens, Mitsotakis explored everything from policy changes to new global partnerships, as well as what’s behind Greece’s tech momentum. He … Read more
Last Year’s Viral Meme Coins Are Back From the Dead as Solana and Ethereum Gain
Viral Solana meme coins from last year—like Moo Deng, GOAT, and Peanut the Squirrel—are seeing massive gains as the market rebounds.
Coinbase 24-7 Bitcoin, Ethereum Futures Trading Goes Live
The exchange on Thursday said it was buying options exchange Deribit.
ETH soars after Pectra Upgrade, China Tariffs may Drop, PEPE leads MEMES
BTC hits $104k, first time $100k since Feb 7. ETH pumps 25%+ after Pectra upgrade. ETH turned deflationary again with Pectra. $800m shorts liquidated in 24 hours. BTC dominance may have peaked: Raoul Pal. Missouri to fully exempt tax on crypto gains. GENIUS Act fails to pass Senate vote. Strategy to release ‘Bitcoin Standard Model’. … Read more