Destiny-creator Bungie's unusual spate of lawsuits against cheaters and harassers is part of a legal strategy to improve the community around its games, the studio's top lawyer tells Axios.
Why it matters: Bungie is taking actions against behaviors often viewed as the unavoidable wounds incurred by making or playing games.
The U.S. Securities and Exchange Commission (SEC) today announced charges against 11 people involved in an alleged blockchain-enabled Ponzi scheme called Forsage.
Why it matters: The blockchain industry is plagued by a reputation for being rife with scams. Each time news like this comes out, it makes it harder for more legitimate projects to recruit users.
The billions in funding for chips and research Congress approved last week will take years to put a dent in the problems the funding targets.
Why it matters: The new Chips and Science Act's investments aim to ensure U.S. leadership in critical technologies and industries — especially producing the computer chips that power so many other products today. But those benefits won't show up fast for consumers having trouble finding the car they want or small businesses that need parts.
The Senate's most-likely-to-succeed tech antitrust bill, the American Innovation and Choice Online Act, won't get a vote before the Senate heads into August recess, the bill's leading Democratic sponsor, Sen. Amy Klobuchar, said Saturday.
The big picture: Klobuchar (D-Minn.) and other supporters have said a summer vote on the bill was essential, because passing bipartisan legislation gets harder as midterm elections approach. Now they'll have to try to push their proposal forward in the fall.
Earlier this month, I was robbed of my passport and luggage, near the end of what was supposed to be a week in Sicily. The next several days were a lesson in how the U.S. government fails its citizens stuck overseas, particularly those with scant financial resources.
Why it matters: A system reliant on paperwork, fees and in-person appointments — in a world where more secure, more efficient digital alternatives exist — makes life all the harder for Americans who haven't done anything wrong.
