Independent thinking for complex markets and current events
This takes me back to 1998 COPPA when the government first stepped into how kids use the internet. The New York Childrens Online Safety Act will ban anyone under 18 from chatting online. “All social media platforms under NYCOSA would be required to turn off open chat functions, which allow adults to instantly and privately …
On today’s episode of CNBC Crypto World, SharpLink Gaming plans to tokenize its equity on Ethereum amid the growing stock tokenization boom. Plus, a consortium of European banks plan to launch a new stablecoin. And, Nilmini Rubin, chief policy offIcer at Hedera, discusses the importance of a new task force between the United Kingdom and …
Senator Tom Cotton’s legislation seeks to “prevent advanced American chips from falling into the hands of adversaries like Communist China.” Last week, a U.S. congressman announced a plan to introduce a bill that would mandate producers of high-performance AI processors to track them geographically in a bid to limit their usage by unauthorized foreign actors, …
Microsoft’s gaming division is excluding whites from being hired to work on their video games. All of their new hires are unqualified queer and black people because the company’s executives have an explicit mandate against “crusty old white dudes.” https://t.co/uOqNSJbl3c — Ian Miles Cheong (@ianmiles) November 27, 2024 The game industry for western studios is …
In a memo obtained by CNBC, Phil Spencer, CEO of Microsoft Gaming, told employees that the firm had taken the “difficult” decision to cut 650 roles at its Xbox division. Microsoft is making the redundancies to align its post-acquisition team structure following its blockbuster acquisition of Activision Blizzard for $69 billion. “We are deeply grateful …
2024 has already exceeded last year’s gaming layoffs — and at twice the pace More developers are pessimistic on the market and see a lack of understanding from investors as the biggest culprit Live services are integral to bottom lines and have informed recent M&A deals, but they come with unrealistic expectations The first quarter …
An update on my investigation on February 7, 2024 – NVIDIA's Mystery Surge of 80% in Gaming Sector: The Criminal Always Returns to the Scene of the Crime It appears that someone at Nvidia read my post on February 7, 2024, and made some adjustments to their reporting segments to… https://t.co/xJjSonIvRN pic.twitter.com/7fwmclBwBK — Kakashii (@kakashiii111) …
BIG MONEY: CEO Gets $379 Million For Money-Losing EV Company. “Keep in mind that Lucid lost over $2 billion over the last year. Now, startups can take a while before they turn profitable, but paying the CEO of an unprofitable company hundreds of millions of dollars to boost the stock price of a money-losing company sounds awful …