Google was involved in the creation of two notable video games in the spotlight this month, before the downsizing of its Stadia gaming operation sent those projects elsewhere, two sources familiar with their development tell Axios.
Why it matters: The games’ Google connections help fill out a picture of what Stadia could have offered, if Google hadn’t abandoned its ambitions in 2021 to create a gaming platform to rival PlayStation and Xbox.
The Federal Aviation Administration said Friday it has reached a new agreement with AT&T and Verizon on deploying 5G signals around airports that should prevent a repeat of the stand-off over interference that threatened flights earlier this year.
Why it matters: Airline CEOs previously warned of catastrophic disruptions to flights, prompting AT&T and Verizon to agree in January to limit 5G deployments near airports until next month.
Since the bear market in crypto set in in early May, users have been redeeming the stablecoin tether (USDT) for dollars at a high rate.
Why it matters: The dollar-backed tether has been the liquidity lubricant that has made crypto markets work. It's the main partner in trading pairs with cryptocurrencies on exchanges all over the world.
If something is financial and in crypto,does that mean it counts as "decentralized finance," or "DeFi"? Short answer: No.
Why it matters: The question is more salient right now, with crypto lender Celsius Network locking up users' deposits as questions swirl about its solvency, drawing interest from several state regulators.
A glut of major tech policy bills await action as Congress' summer recess looms — and anything that doesn't pass by then is unlikely to pass at all in a midterm election season.
What's happening: The ambitious tech agenda this Congress started out with 18 months ago is getting squeezed out by other legislative priorities, including gun control, the Jan. 6 investigation, and the economy.
