Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. Bitmart confirmed the hack in an official statement, calling it ‘a large-scale security breach’ The company says it is still unclear what possible methods the hackers used.
Activision Blizzard-owned studio Raven Software is restructuring. At least a dozen contractors who test games for quality assurance have been laid off. More contractors will be informed over the next few days if they have been laying off too, current employees said. Raven Software produces games like "Call of Duty: Black Ops Cold War"
John C. Boland sued Amazon, accusing the retailer of eating his book imprint's lunch. He says Amazon let vendors on its platform run wild with Perfect Crime titles. The suit offers a glimpse into Amazon’s dominance and perhaps its vulnerability. The bookseller is one of the few companies valued at more than a trillion dollars.
Edgewell has completed its acquisition of Billie. The FTC sued to block the deal in February 2020. Billie was founded in 2017 as a subscription service. The company has since expanded its assortment to include makeup wipes. It is planning an expansion into brick and mortar early next year.
Texas Gov. Greg Abbott said Sunday that his state will be the home of semiconductor manufacturing going forward. The chip shortage has been affecting companies around the globe. The shortage was sparked by some regulations implemented – and decisions made – during the COVID-19 pandemic.
IKEA Nordmärke Qi charger was spotted on Reddit and German media outlets. It features a 6,500mAh battery and can charge Qi-compatible devices at a glacial 5W. The internal batteries are user-replaceable and the charger is not available online yet. IKEa has not confirmed whether or not it will carry the charger in the US.
Dr. Timnit Gebru was fired by Google in Dec. 2020 after co-releasing a research paper claiming to identify ethical risks involved in the company’s models for digitally processing human language. The prominent computer scientist is launching an independent research institute of her own to continue her inquiry into the capacity of AI and other emerging technologies that may be embedded with biases against marginalized communities.
Google is reportedly making its own smartwatch that's set to launch in 2022. The watch is being worked on by Google’s Pixel hardware group separately from Fitbit. The device is expected to cost more than a Fitbit and compete more directly with the Apple Watch. Google is currently in the middle of the latest reinvention of its smartwatch platform.
US politicians across the political spectrum have called for more scrutiny of the sector. Witnesses called to appear include Alesia Haas, Jeremy Allaire and Brian Brooks of Bitfury. Mr Brooks previously served as a top banking regulator under the Trump administration.
