Month: May 2025

Coinbase's Deribit buy shows growing derivatives market

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Coinbase’s agreement to buy Deribit highlights the increasing importance of financial derivatives for cryptocurrency exchanges, according to industry executives.  On May 8, Coinbase, the US’s largest crypto exchange by trading volume, agreed to acquire crypto derivatives platform Deribit for $2.9 billion in the crypto industry’s largest corporate acquisition to date.   The deal reflects increasing competition … Read more

Aurora co-founder Sterling Anderson is leaving the self-driving truck startup

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Sterling Anderson, a veteran of the nascent autonomous vehicle sector and co-founder of Aurora, is resigning just a week after the company launched its commercial self-driving truck service in Texas. Anderson held the chief product officer position at Aurora. The resignation was posted in a regulatory filing along with the company’s first-quarter earnings report. His … Read more

Appfigures: Apple made over $10B from US App Store comissions last year

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Over $10 billion — that’s how much revenue Apple’s U.S. App Store raked in last year, according to a new analysis by app intelligence provider Appfigures. The firm’s estimates indicate that U.S. App Store revenue from commissions more than doubled between 2020 and 2024. In 2020, Apple’s share of App Store commissions was approximately $4.76 … Read more

My First Steps With Crossplane: Crossplane 101

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In the early days of IT, we manually configured servers–each one a precious snowflake, lovingly maintained and documented. But the size of the infrastructure grew, and this approach couldn’t scale. Chef and Puppet popularized the idea of Infrastructure-as-Code: engineers would define the state of the machine(s) in text files, stored in Git–hence the name. A … Read more

ChatGPT’s deep research tool gets a GitHub connector to answer questions about code

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OpenAI is enhancing its AI-powered “deep research” feature with the ability to analyze codebases on GitHub. On Thursday, OpenAI announced what it’s calling the first “connector” for ChatGPT deep research, the company’s tool that searches across the web and other sources to compile thorough research reports on a topic. Now, ChatGPT deep research can link … Read more

Razer’s Clio is a $230 surround sound head cushion

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The Razer Clio speaker is potentially a more comfortable alternative to wearing wireless headphones. | Image: Razer Razer has announced three new products today, including an alternative to wireless headphones called the Clio that’s designed to attach to your gaming chair and double as a head cushion. Powered by a 5,400mAh battery that Razer says … Read more

Coinbase’s $2.9B Deribit Deal a ‘Legitimate Threat’ for Peers, Wall Street Analysts Say

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Coinbase’s (COIN) $2.9 billion acquisition of Deribit will be a tipping point for the company, pushing the U.S.-based exchange into direct competition with global heavyweights like Binance, Wall Street analysts wrote on Thursday. The massive deal is more than just a platform expansion; it’s a paradigm shift for the exchange and trading industry. According to … Read more

The US is reportedly encouraging countries to adopt Musk’s Starlink in tariff trade talks

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The US government is bringing up Starlink adoption in the midst of tariff trade talks with other countries, according to a report from The Washington Post. In recent weeks, several countries have moved forward with licensing the Elon Musk-owned satellite internet company, including India, Somalia, Lesotho, the Democratic Republic of Congo, Bangladesh, Pakistan, and Vietnam. … Read more

Congress votes to pull funding for free Wi-Fi hotspots at schools and libraries

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The Senate has voted to end a Federal Communications Commission (FCC) rule that used federal funding to cover Wi-Fi hotspots that could be used outside of school and libraries.  The program, first implemented by former FCC Chairwoman Jessica Rosenworcel, applied funds from the $2.6 billion federal E-Rate program to a program that enabled schools and … Read more