Microsoft will retire Internet Explorer on Wednesday. The company first debuted the browser 27 years ago. Users will be directed to the company's more recent browser, Microsoft Edge. Edge was introduced in 2015 and has gradually phased out Internet Explorer since then. The browser will be retired for certain versions of Windows 10 in June 2022.
In a post on the company blog, Coinbase CEO Brian Armstrong first blamed changing economic conditions that may lead to a “crypto winter” and waited until his third bullet point to mention that the company has “over-hired,” citing its attempt to take advantage of “new use cases enabled by crypto getting traction practically every week.
Four days ago, Armstrong responded on Twitter to an employee petition calling for the removal of Coinbase execs, calling it “really dumb on multiple levels” and encouraging employees unhappy with the situation or proposed solutions to quit.
Swedish commercial vehicle maker Scania has debuted its regional long-haul electric truck that will be available in Europe as both a rigid truck and a tractor-trailer.
Scania says that its 4×2, or single-axle, tractor with six batteries – 624 kWh of batteries installed – can expect to achieve up to 350 km in range, The truck will achieve full charge in less than 90 minutes – half the length of a driver’s mandated 45-minute rest period for every 4.5 hours of driving in Europe – at 375 kW.
Digital twins are an exact replica of something in the physical world. But with a unique mission - to help improve, or in some other way provide feedback to, the real-life version. Artificial intelligence and the internet of things have made it possible to build something digitally that is constantly learning from and helping improve the real counterpart.
Apple Music and Apple Arcade are expected to drive $8.2 billion in revenue by 2025. The two services are likely to have a combined subscriber base of about 180 million by 2025 – 110 million for music and 70 million for gaming. Apple does not disclose how much each service makes – or even how many subscribers they have – but in the last quarter, the company reported revenue of $19.82 billion.
Elon Musk says that Tesla’s factory might not necessarily be in the US as the automaker is also considering options in Canada and Mexico for a new North American plant.
Last week, Tesla CEO Elon Musk held a company-wide meeting with employees. Electrek obtained a recording of the meeting, which included a Q&A with workers. During the Q&A, an employee asked Musk where Tesla’s next factory in the US is going to be located. Musk said that Tesla hasn’t decided yet, but he did specify that it might not be in the US:
Yahoo announced six new members of its board of directors today, about a year after the internet brand was acquired by private equity firm Apollo for $5 billion
The new appointees include Jessica Alba, actress and founder of The Honest Company; Aryeh Bourkoff, founder and CEO of the independent global investment firm LionTree, an investor in Yahoo; Fouad ElNaggar, co-founder and CEO of Array and Sapho (acquired by Citrix); Michael Kives, founder and CEO of K5 Global, an incubator with investments in SpaceX, Coinbase, FTX and others; Cynthia Marshall, CEO of the Dallas Mavericks and 36-year veteran of AT&T; and Katie Stanton, founder and general partner at Moxxie
BlockFi is laying off "roughly 20%" of its staff. The company cited "market conditions that have had a negative impact on our growth rate" BlockFi said its team had grown to more than 850 people."Clients should not experience any material disruption to our platform, products or services," company said.
Microsoft says it will respect the rights of Activision Blizzard workers to join a union. The company has entered into a labor neutrality agreement with the Communications Workers of America. The agreement will take effect 60 days after Microsoft's acquisition of the video game giant is approved. Activision Blizzard announced Friday it was entering bargaining negotiations with a group of quality assurance testers.
Oracle shares rose almost 9% in extended trading on Monday. The database software company issued fiscal fourth-quarter results that exceeded analysts’ estimates. Revenue increased 5% from a year earlier, driven by growth in the company’s cloud infrastructure business.
Meta's Horizon Worlds social network has voice chat enabled by default. The company is adding a new set of controls for voice chat that will be rolling out in the coming weeks. Voice chat is inexplicably still enabled bydefault but will soon come with some more granular options.
Crypto.com's CEO said the exchange will lay off 260 workers, or 5% of its workforce. Other exchanges, including Gemini and Coinbase, have announced layoffs or plans to freeze hiring. A market slump has eaten into the trading fees that are an important source of revenue.