In an open letter, Altimeter Capital’s CEO and founder recommended the tech giant cut its Metaverse investments from $10-15 billion a year to $5 billion.
Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges.
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Photo by Abigail Bassett for The Verge Toyota may have finally announced an electric vehicle strategy last year, but new reporting suggests that the automaker could be headed back to the drawing board. According to Reuters sources, an internal group at Toyota is tasked with working out plans to improve its current e-TNGA flexible EV … Read more
Chinese luxury EV startup XPeng is moving forward on its plans to launch a robotaxi business. The company’s latest G9 SUV became China’s first mass-produced commercial vehicle to pass a government-led autonomous driving closed-field test, the company said Monday at its fourth annual 1024 Tech Day. When XPeng unveiled the G9 in September, the company … Read more
It’s been a little over a month since Launch House, a buzzy venture-backed founder’s club backed by the likes of Andreessen Horowitz and Day One Ventures, publicly faced numerous allegations of harassment and assault. In response to the allegations first surfaced by the news publication Vox, the startup claimed that it would undergo an independent, … Read more
Ethereum became deflationary after its September Merge. But for now, it’s not going to make much of a difference.
Apex Space, a startup that aims to transform satellite bus manufacturing, emerged from stealth Monday with a $7.5 million seed round led by Andreessen Horowitz. The Los Angeles-based company has set its sights on the satellite bus — the part of the spacecraft that hosts the payload — which it says is the “new bottleneck” … Read more
With some 3,000 satellites in orbit, the Starlink constellation is easily the largest in history and of course presents an immense opportunity for global connectivity. But its signals could also be analyzed and used as an alternative to traditional GPS, a new paper claims, with or without SpaceX’s blessing. Todd Humphreys and his team at … Read more
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Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said.
Photo by Amelia Holowaty Krales / The Verge Best Buy’s new MacBook upgrade program locks you into three years of monthly payments before giving you the option to upgrade to the latest and greatest machine (via Apple Insider). Called Upgrade Plus, it lets people with approved credit finance either a MacBook or MacBook Air via … Read more
Music startup Hyph announced an upcoming mobile app, which aims to be a music creation and remixing tool for everyone to use. With the creator economy estimated to be worth $100 billion, Hyph is targeting the over 50 million people worldwide who identify as content creators. Hyph allows users to create original songs by taking music … Read more
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A lot has been written about how incredible Google Pixel 7 Pro’s camera is. The camera itself gets no beef from me. Last week at TechCrunch Disrupt, Brian and I were gawking in amazement at how well the 5x optical zoom lens does, for example. We had plenty of opportunities to contrast and compare. During … Read more
Currently, there’s no explanation for why the election’s being called off. | Illustration by Alex Castro / The Verge The Amazon Labor Union has withdrawn its petition to hold an election at an Amazon fulfillment center in Moreno Valley, California, according to Kayla Blado, a spokesperson for the National Labor Relations Board. It’s a sharp-turn … Read more
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The final update for Chome on Windows 7 and 8.1 is scheduled to be released in early February. | Illustration: The Verge Google will release the final version of Chrome for Windows 7 and Windows 8.1 sometime next year. Chrome 110, which is tentatively scheduled to be released on February 7th, 2023, will be the … Read more
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. Good afternoon, and welcome to the final week of October! We’re confused how that happened. Haje is considering dressing up as “supply chain disruptions” for Halloween, whereas Christine is contemplating dressing up … Read more
Hello and welcome back to Max Q. Disrupt is finally behind us, which can only mean one thing: We are officially counting down to TC’s Space event in December! Learn more here. In this issue: Kayhan Space presents at Disrupt Report: Investment in space battered by high interest rates, inflation News from SpaceX, Orbex and … Read more
