Starbucks will unveil its web3 initiative, which includes coffee-themed NFTs, at next month’s Investor Day event. The company earlier this year announced its plans to enter the web3 space, noting its NFTs wouldn’t just serve as digital collectibles, but would provide their owners with access to exclusive content and other Read more…
MicroStrategy co-founder Michael Saylor gave up his chief executive officer title and said he’ll focus more on Bitcoin after the enterprise-software maker reported a loss of more than $1 billion related to the second-quarter plunge in the price of the cryptocurrency. Bloomberg reports: Saylor, who founded the Tysons Corner, Virginia-based Read more…
Today, the long-running PC and gaming accessory maker Logitech announced plans to launch its own cloud gaming handheld device. Logitech stated it will partner on the software side with China-based Tencent Games for the new device. It is also working with Microsoft’s Xbox Cloud Gaming and Nvidia’s GeForce Now cloud Read more…
According to cyber security firm Volexity, the threat research team has found the North Korean ‘SharpTongue’ group, which appears to be part of, or related to, the Kimsuky advanced persistent threat group, deploying malware called SHARPEXT that doesn’t need your Gmail login credentials at all. Instead, it “directly inspects and Read more…
As the US Congress passed an historic $52 billion federal program to boost domestic chipmaking capabilities, it included one significant caveat: Companies that receive the funding have to promise not to increase their production of advanced chips in China. It’s a condition that will certainly add to escalating tensions between Read more…
A mega-spending package to grow U.S. semiconductor production must reckon with a tough reality: The world is already awash in chip-making incentives. What makes the U.S. effort unique is the enormous one-time sum — roughly $77 billion in subsidies and tax credits — earmarked to boost American manufacturing of the Read more…
Kenya’s national cohesion watchdog threatened to suspend Facebook from the country Friday if it doesn’t mitigate hate speech ahead of the country’s general elections next month. The regulator has given the company one week to remediate the problem, which included Facebook’s approval of ads advocating for ethnic cleansing. Human rights Read more…