History has repeatedly shown the pool of winners in the digital economy is much smaller than many of us realize. There will be fierce competition for a foothold in what is widely regarded as the future of the internet. Companies that don’t get in now may not get in at all.
Google's nearly $5.4 billion acquisition of Mandiant Inc. aims to better automate cyber defenses. The deal also raises questions about Mandiant's ability to continue offering cyber services that are agnostic to cloud platforms and operating systems. Businesses often need cybersecurity tools and services that work with a mix of cloud platforms, expert says.
VW executives took to the livestreaming stage on Wednesday ahead of SXSW 2022’s kickoff to debut the ID.Buzz, which will be available as both a people mover and a cargo van beginning this year, and will appear in Europe first, arriving later in 2022.
President Joe Biden signed an executive order that requires U.S. government agencies to assess benefits and risks of creating a central bank digital dollar. The order potentially expands the adoption of virtual currencies in the U.N. financial system.
The Mac Studio is a pro-level desktop built to showcase Apple’s most powerful chip, the M1 Ultra, which runs up to 60 per cent faster than a Mac Pro with its 28-core Intel processor. The iPhone SE makes a return, while the iPad Air also sticks to its 2020 redesign.
Better.com is poised to lay off roughly 50% of its staff of about 8,000 this week. The move comes just over three months after the New York-based startup laid off 9% ofits staff. The recent layoff is believed to be occurring on Wednesday, March 9.
Volkswagen is investing €35bn in its ambition to become the world’s largest electric auto-maker by 2025. The company is also investing €800m in what it calls ‘the most advanced research and development centre in Europe’ The manufacturing plant will begin in the spring of 2023, and when complete in 2026 it will produce the Trinity, the concept car that will become its main EV offering.
The NFT community is organizing to leverage their unique resources to help Ukrainians fleeing the Russian invasion of Ukraine. Artists are renting out AirBnBs in the country to ensure direct donations to those fleeing their homes and offering scholars housing and teaching placements. The group is also organizing an NFT fundraiser called Art for Ukraine to raise money for the country.
Instagram's Boomerang and Hyperlapse apps have been removed from the Apple and Google app stores. This move is an extension of Instagram's earlier strategy to save users from juggling apps just to produce a clip, but it is still available for Android on Google Play through a direct link as of this writing.
The metaverse is slated to help creators create more interactive and immersive content, thanks in large part to advances in VR and AR, raising the stakes as creators will be expected to build more immersive and interactive content than ever before. The company held its first digital art auction located in Decentraland, a decentralized virtual reality platform powered by the Ethereum blockchain.