A look at the face off between the Khoisan, an ancient southern African tribe, and Amazon, which plans to build a regional HQ on sacred land in South Africa
Loni Prinsloo / Bloomberg : Tweets: @loniprinsloo1 , @quicktake , and @atbwebb Tweets: Loni Prinsloo / @loniprinsloo1 : Drone and video footage of the site where Amazon is buildin...
Visa and Mastercard suspend operations in Russia, a few hours after Ukraine president Volodymyr Zelenskyy asked them to do so in a video call with US lawmakers
Apologies for last week - just trying to figure out what's doable given … Stan Choe / Associated Press : Mastercard, Visa suspend operations in Russia after invasion Edward Moyer /...
Activision Blizzard and Epic Games suspend sales of their games in Russia; Activision Blizzard will also pause offering in-game microtransactions in the country
Activision Blizzard and Epic Games have joined a growing list of publishers suspending sales of their games in Russia due to the country's ongoing invasion of Ukraine.
TikTok partners with Virtual Dining Concepts to launch TikTok Kitchen, a food delivery service based on viral trends, starting with 300 US locations in March
Kate Krader / Bloomberg :
TikTok partners with Virtual Dining Concepts to launch TikTok Kitchen, a food delivery service based on viral trends, starting with 300 US locations in March
The video platform is teaming up with Virtual Dining Concepts to deliver those viral foods across the country. Baked feta pasta, anyone?
Meta says a woman was groped on its Horizon Worlds platform on November 26; an internal review says she should have used its “Safe Zone” tool
Last week, Meta (the umbrella company formerly known as Facebook) opened up access to its virtual-reality social media platform, Horizon Worlds.
Video of Adam Mosseri's testimony before a Senate Commerce subcommittee examining Instagram's negative effects on teen mental health
Instagram CEO testifies on impact of platform on young users before a Senate Commerce subcommittee.
Adam Mosseri proposes updating Section 230 so that tech companies are only protected if they follow kids' safety rules set by a new government oversight body
Senators grilled Facebook exec Antigone Davis at a hearing about Instagram's impact on teens and were frustrated by her reticence to answer questions directly
Last night, Facebook published two annotated slide decks in an attempt to contextualize the documents that the Wall Street Journal published … Source: Senate Commerce Committee .
Bitcoin fell 17%+ to ~$43K before rising to $47K as El Salvador adopts it as legal tender, where high demand led to the Chivo wallet being temporarily unplugged
The price of cryptocurrencies plunged and crypto trading was delayed on Tuesday, a day in which El Salvador ran into snags …
President of El Salvador says the country bought 550+ bitcoins on Monday, as the law making bitcoin legal tender in El Salvador goes into effect
even if only as a reserve asset—as its design massively incentivizes early adoption. Latecomers may regret hesitating https://twitter.com/... @binance : Welcome to #Bitcoin, El Sal...
DOJ unseals charges against four Chinese nationals, believed to be part of China-backed APT 40 hacking group; charging docs focus on activity from 2011 to 2018
The US Department of Justice has indicted four Chinese nationals today for hacking companies, government agencies …
Netflix hires ex-Facebook and EA exec Mike Verdu as VP of game development; source: Netflix plans to offer games as a new programming genre within the next year
Bloomberg :
How ByteDance is competing with Alibaba in social commerce, including roping in influencers like Xiaomi's Lei Jun to livestream on TikTok's Chinese twin Douyin
Bloomberg :
Microsoft planned to reduce its cut from 30% to 12% for Xbox games too, a document filed as part of Epic vs Apple lawsuit in January shows
Tom Warren / The Verge :
Epic expert's testimony, based on internal Apple docs, estimates that App Store had an operating margin of 77.8% in 2019; Apple says the estimates are wrong
- Apple: Calculations are “simply wrong,” will refute in court — App Store's profits at heart of allegations of Apple monopoly
A digital coins sell-off, including bitcoin's plunge below $50K, wipes $200B+ in value from crypto markets, on reports Biden will seek a capital gains tax hike
Arjun Kharpal / CNBC :
A digital coins sell-off, including bitcoin's plunge below $50K, wipes $200B+ in value from crypto markets, on reports Biden will seek a capital gains tax hike
- Bitcoin and other digital coins plunged on Friday wiping over $260 billion of the value of the cryptocurrency market.
Nasdaq sets Coinbase's reference price at $250 per share for its direct listing, which would value the cryptocurrency exchange at $65.3B
- Coinbase is set to become the first major crypto business to go public in the U.S. and, should it reach a $100 billion market cap …
A look at Tencent's TJ Sports, which surpassed $152M in total revenue since 2019 and runs the League of Legends Pro League, the largest esports league by size
Zheping Huang / Bloomberg : Tweets: @quicktake Tweets: Bloomberg Quicktake / @quicktake : “The goal is to make esports just as popular as the NBA or the NFL.” Tencent has placed p...