Coinbase gets reference price of $250 per share from Nasdaq ahead of Wednesday’s direct listing
Nasdaq gave Coinbase a reference price of $250 a share ahead of its planned direct listing, which would value the cryptocurrency exchange at about $65.3 billion on a fully diluted basis. The company’s value has soared in the past year alongside bitcoin and ethereum, the primary currencies traded on the site.
Tech workers at The New York Times have formed a union
Tech workers at The New York Times have formed a union under the NewsGuild of New York, representing more than 650 workers from the digital side of the company, not included in the editorial union of the newspaper, which represents more than 3,000 reporters and media professionals at the newspaper.
Apple’s next event is April 20
Apple announced its next event on April 20, which is expected to be a 12.9-inch version of the Pro, sporting a Mini LED, improved cameras and faster chips in-line with what we've seen on recent Macs. The company also announced a lot of third-party hardware sporting the tech.
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Leak hints Samsung's Galaxy S21 FE will use a 'traditional' design
Samsung is planning to release a successor to the Galaxy S20 FE, which is expected to have a'mid-size' display and three rear cameras. The Galaxy S21 FE would be similar to the S20, but would have a glass-like plastic shell.
Topps is releasing official NFT baseball cards on April 20th
Samsung is planning to release a successor to the Galaxy S20 FE, which is expected to have a'mid-size' display and three rear cameras. The Galaxy S21 FE would be similar to the S20, but would have a glass-like plastic shell.
Texas announces a multi-state antitrust suit against Google
Texas is filing a multi-state lawsuit against Google for anti-competitive conduct, exclusionary practices and deceptive misrepresentations. The suit will focus on Google's advertising technology practices. It's not clear exactly what charges Texas and other participating states are bringing against the company, but the suit has yet to surface.
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Microsoft in talks to buy Nuance Communications for around $16 billion: reports
icrosoft Corp is in advanced talks to buy Nuance Communications Inc at about $16 billion, valued at around $56 a share. The price being discussed could value Nuance at $56 per share, adding that an agreement could be announced as soon as Monday. The deal with Nuance would be Microsoft's second-biggest deal, after its $26.2 billion acquisition of LinkedIn in 2016.
The White House wants to spend $100 million to monitor the air we breathe
The White House proposed spending $100 million on a new program aimed at tracking air quality in some of the most polluted communities in the US, a tiny piece of President Joe Biden’s initial $1.5 trillion federal budget request for 2022. The program would be funded through the Environmental Protection Agency, whose budget Biden seeks to raise by more than 21 percent.
'Pac-Man 99' launches Wednesday, turns classic video game into a battle royale
Pac-Man is launching an online game on the Nintendo Switch, where you can play with 99 players in the game. The game is free to play if you subscribe to Nintendo Switch Online. It costs $4 a month or $20 a year. The last Pac-man standing wins as players chomp down dots and escape ghosts.
Elon Musk’s Neuralink has released a new blog post and video detailing some of its recent updates, including how it used its sensor hardware and brain implant to record a baseline of activity from a macaque as it played a game where it had to move a token to different squares using a joystick with its hand.
Rick Caruso's eponymous company is starting to accept bitcoin as a rent payment for residential and retail properties, investing a portion of its corporate treasury in bitcoin, and entering into a partnership with Gemini, the Cryptos exchange and custodian led by Tyler Winklevoss.
Personal Data from 500 million LinkedIn users has been scraped and is for sale online, meaning two-thirds of the platform's user base could be affected. The data includes account IDs, full names, email addresses, phone numbers, workplace information, genders, and links to other social media accounts.
Netflix will get exclusive streaming rights to all of Sony's upcoming movies, including the next installment in the Spider-Man franchise. The deal will cover upcoming blockbusters like Morbius and Uncharted, and future installments of Venom and Spider-man. With the deal, new Sony movies will go exclusively to Netflix following their theatrical release.
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Will.i.am’s $300 face mask is a bet we’ll be masking up for a long time to come
will.i.am has partnered with Honeywell to launch a face mask with built-in fans, Bluetooth connectivity, and audio. The Xupermask goes on sale April 8 for $299, making it a long-term investment compared to the inexpensive disposable or cloth masks on the market.
Bloomberg Foresees Bitcoin Rallying to $400K This Year
According to Bloomberg bitcoin analysts, the price could climb as high as $400,000 this year, from about $56,000 now. The prediction is based on bitcoin’s performance during the 2017 and 2013 bull runs. The latest bull run comes in the wake of the reward halving on the Bitcoin blockchain – an automatic, every-four-years, 50% reduction in the pace of new issuance of units of the cryptocurrency.
Twitch will ban users for serious offline misconduct
Twitch will start taking disciplinary actions against people for misconduct that takes place offline or entirely on other platforms, still targeting misconduct that take place both on and off of Twitch. The company says it may ban people for off-service misconduct under its expanded harassment and hateful conduct policy, adding a second category to tackle misconduct that doesn't happen on Twitch.
Lil Nas X’s ‘Twerk Hero’ is a real game where you shake a virtual butt to Montero
Lil Nas X has released a free rhythm game that has you twerking to his new song “Montero (Call Me By Your Name) The game is a free browser game and you can play it right now at this link. He also collaborated with MSCHF to release the “Satan Shoes” which were custom Nikes that supposedly have a drop of blood in them.
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Tim Cook drops hints about autonomous tech and the Apple car
Apple CEO Tim Cook dropped a few hints in an interview about the direction of the much-anticipated Apple car, including that autonomous vehicle technology will likely be a key feature, declining to answer Swisher’s question outright if Apple is planning to produce a car itself or the tech within the car.
Aussie design startup Canva’s valuation balloons to $15 billion
Melanie Perkins, CEO of Canva, plans to announce that it has raised $71 million at a private valuation of $15 billion. The company finalized the deal in November, mere months after it raised $60 million at a $6 billion valuation in 2020, having raised a total of nearly $390 million to date.
Coinbase Posts Blowout Q1 Profit of $730-$800 Million, Days Before Public Listing
Coinbase announced its 2021 first quarter earnings on Tuesday, revealing that the crypto giant made a profit of between $730 million and $800 million on revenue of approximately $1.8 billion, eclipsing its performance for the entire previous year. The results are also likely to boost the buzz surrounding the company's direct listing on the Nasdaq.
Yahoo Answers will be shut down forever on May 4th
Yahoo Answers is shutting down on May 4th, the day the site will start redirecting to the Yahoo homepage, and all of the platform's archives will apparently cease to exist. The platform has been operating since 2005 and is now part of Verizon Media Group following the company’s sale to the telecom for nearly $5 billion in 2017.
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QuikNode is building a blockchain developer cloud platform to compete with AWS
Quik Node is building out a Web3 cloud platform for blockchain developers that can help them create and scale applications. The startup allows app developers to rent access to nodes that let them operate on the blockchain network of their choice, enabling them to sidestep maintaining and monitoring their own node.
Leaker says they are offering private details of 500 million Facebook users
A leaker says they are offering information on more than 500 million Facebook Inc users, including phone numbers and other data, virtually for free. The database appears to be the same set of Facebook-linked telephone numbers that has been circulating in hacker circles since January and whose existence was first reported by tech publication Motherboard.
Non-fungible tokens have soared in popularity in 2021, with 59% of Americans surveyed saying they believe NFTs are more than a fad, and will be "the next big thing" However, a large percentage of Americans and 54% of Britons view the nascent space in a positive light, while 33% of Brits do not believe these are safe investment.
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Instagram officially launches Remix on Reels, a TikTok Duets-like feature
Instagram is launching a new feature called Remix, which offers a way to record your Reels video alongside a video from another user, similar to TikTok’s Duets feature, which also lets users react to or interact with another person’s video content while creating their own.
Boston Dynamics’ Stretch robot handles truck unloading & palletizing
Using robots to unload freight on receiving docks isn't a novel idea, but many previous approaches have been stifled by high costs and the inability to handle a growing variety of packages. While robotics companies are still working on the problem, Boston Dynamics is throwing its innovative hat into the ring. Hyundai Motor acquired a majority stake in Boston Dynamics
Apple WWDC 2021 announced as online-only event
Apple announced that its Worldwide Developers Conference will take place on June 7th through June 11th this year, and that like last year it will be an online-only event. The announcement, as is typical for Apple, is opaque when it comes to details, but there might be a tantalizing hint: is the memoji character’s glasses simply showing a reflection from their laptop?
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PayPal launches crypto checkout service
PayPal Holdings Inc will announce on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay at millions of its online merchants globally, a move that could significantly boost use of digital assets in everyday commerce. Customers who hold bitcoin, ether, bitcoin cash and litecoin will now be able to convert their holdings into fiat currencies at checkouts to make purchases.
Apple Maps adds COVID-19 travel guidance for over 300 airports worldwide
Apple Maps has updated its native Maps app with more helpful information designed to assist with travel while mitigating the spread of COVID-19. The new information is made available through a partnership with the Airports Council International and provides details on CO VID-19 safety guidelines in effect at over 300 airports worldwide.
Snapchat’s Spectacles might become true AR glasses this time — and there’s a drone
Apple announced that its Worldwide Developers Conference will take place on June 7th through June 11th this year, and that like last year it will be an online-only event. The announcement, as is typical for Apple, is opaque when it comes to details, but there might be a tantalizing hint: is the memoji character’s glasses simply showing a reflection from their laptop?
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ABB and AWS team up to create an EV fleet management platform
ABB has announced a collaboration with Amazon Web Services to create a cloud-based EV fleet management platform that it hopes will hasten the electrification of fleets. This announcement comes after a wave of major delivery companies pledged to electrify their fleets, helping operators maintain business continuity as they switch to electric.
Slack announced it would let you DM anyone. Then people pointed out that might be a really bad idea
Slack rolled out a feature to let its users message people at other companies Wednesday morning, but it was walking the feature back and making changes to prevent harassment after people pointed out that it could be used to send unsolicited DMs and perhaps even abusive emails. The feature is part of Slack Connected, which is designed to replace email outside your company.
Starting Friday, New Yorkers will be able to pull up a code on their cellphone or a printout to prove they've been vaccinated against COVID-19 or recently tested negative for the virus that causes it. The first-in-the-nation certification, called the Excelsior Pass, will be useful first at large-scale venues like Madison Square Garden, but next week it will be accepted at dozens of event, arts, and entertainment venues statewide.
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Chinese smartphone maker Xiaomi to make EVs using Great Wall's plant - sources
China's Xiaomi Corp is planning to make electric vehicles using Great Wall Motor Co Ltd's factory, making it the latest tech firm to join the smart mobility race as its stock price jumped 6.71 percent in early Friday trade. Great Wall's Hong Kong stock rose over 8 percent and Shanghai shares gained more than 7 percent.
NASA's TESS spacecraft has already found 2,200 possible planets
NASA's TESS has spotted over 2,200 potential planets, including smaller planets that may be more Earth-like than habitable. The space agency is betting on future spacecraft to study candidate planets in greater detail. TESS was originally expected to find 1,600 planets in its first two years.
Disney testing facial recognition for theme park entry
Disney is testing facial recognition for entry at its theme parks in an effort to create a more contactless experience during the coronavirus pandemic. The test, which is optional for guests, will run through April 23 at Disney's Magic Kingdom theme park in Orlando, Florida.
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#1
Social media platforms are going to war for online talent
With the exception of YouTube, social platforms have not allowed influencers to earn money from ads, and have had to hustle on their own to make money through independent brand deals, merchandise, podcasts, and other outside-the-box methods, marking a major shift in how they approach creators.
#2
Fast food companies tap TikTok influencers to market to teens: report
According to a report by Civil Eats, Junk food companies and fast food chains are targeting teens by marketing on social media platforms and partnering with influencers like TikTok, which is dangerous to the teens who are most likely to use TikTok. The Federal Trade Commission released guidelines in 2016 asking social media influencers to explicitly reveal affiliations by including "advertisement" or "sponsored" in their posts, but those guidelines are voluntary.
#3
2 reasons why buying a Tesla with bitcoin is a bad idea
Tesla is now accepting bitcoin as a form of payment for its vehicles, but consumers that purchase a Tesla with bitcoin may face tax consequences as sending bitcoin is taxable event. Tesla reserves the right to pay a consumer back in cash worth the original purchase price, not bitcoin, if bitcoin has jumped in value since the original transaction.
