Sony has announced some basic information about its much-anticipated next-generation VR hardware for the PS5, which it calls — predictably — PSVR2. Little was revealed about the device beyond its basic specs but it did confirm some features gamers will care about. From a report: The original PSVR was a Read more…
U.S. organizations that fail to secure customer data against Log4Shell, a zero-day vulnerability in the widely-used Log4j Java logging library, could face legal repercussions, the Federal Trade Commission (FTC) has warned. From a report: In an alert this week, the consumer protection agency warned that the “serious” flaw, first discovered Read more…
The crackdown is killing the entrepreneurial drive that made China a tech power and destroying jobs that used to attract the country’s brightest. From a report: Like many ambitious young Chinese, Zhao Junfeng studied hard in college and graduate school so he could land a coveted job as a programmer Read more…
Facebook parent company Meta Platforms has stopped development of a new software operating system to power its virtual reality devices and upcoming augmented reality glasses, The Information reported Wednesday, citing people familiar with the decision. From a report: Shelving the project, which had been underway for several years and involved Read more…
The CFO of a vacation-rental management company recently told Oregon Public Broadcasting that 20% of people renting a vacation home did so for the first time during the pandemic. The nonprofit state policy news site Stateline sees a larger trend: Even before the pandemic, the destination towns of the West Read more…
Hungarian-born billionaire Thomas Peterffy, chairman of Interactive Brokers Group, says the online brokerage is now expanding the cryptocurrencies it offers its customers after sensing “urgency” from their clients to get in. He still hasn’t decided whether cryptocurrencies are a good investment — “I think it can go to zero, and Read more…
Instant-delivery startups promising to ferry groceries to customers in 15 minutes or less have rushed to expand in major cities like New York and Chicago in the past year. But they’re burning far more cash in the U.S. than in other countries where they operate, causing several of them to Read more…