Mango Markets was a crypto exchange built on the Solana blockchain that looked a lot like the now bankrupt FTX.
Driving the news: The SEC brought charges Friday against Avraham Eisenberg, a trader who exploited the same weakness on Mango Markets that ultimately brought down FTX: a token that was designed to become more valuable the more people used its underlying exchange.
Walmart has launched a concerted effort to share more about its extensive cybersecurity strategy as it continues to evolve from a big-box retailer to a big-tech competitor.
Driving the news: The retail giant hosted its first-ever cybersecurity media day with six reporters earlier this week at its Bentonville, Arkansas, headquarters.
Hertz aims to speed the adoption of electric vehicles (EVs) one city at a time, starting with Denver, where the car rental giant is launching a public-private partnership to add more neighborhood chargers and prepare workers for future jobs.
Why it matters: Renting an electric car gives potential EV buyers a no-risk way to try before they buy. But it can be a daunting choice — especially for first-time EV renters in unfamiliar areas who don't know where to charge.
Fifteen months after their high-profile firing from Netflix, B. Pagels-Minor is setting out on a new career, aiming to be what they believe to be the first Black transgender venture investor.
"I’m not necessarily someone who likes to be in front of a camera or the face of things," Pagels-Minor said, but their experience at Netflix prompted a shift: "You have to stand up or you really will be run over."
Why it matters: After a decade of consistent growth under co-founder Reed Hasting's leadership as chief executive, the company now must pivot its strategy to take on a more competitive and turbulent streaming landscape.
Crypto lender Nexo has entered into a consent agreement with the U.S. Securities and Exchange Commission (SEC) to pay a $45 million fine for offering an unregistered security in the U.S., in its "Earn Interest Product."
Why it matters: It's the latest in a string of actions by the agency that indicates any program where users deposit assets to earn interest in exchange for letting others borrow them must be registered as a security.
Maine on Thursday joined North Carolina and Wisconsin this month in barring state employees from using TikTok on government-issued devices.
The big picture: The three are the latest states to do so, joining more than 20 others, including Texas, Ohio, Maryland, New Jersey, Mississippi, Louisiana, South Carolina and South Dakota, after the FBI warned of possible threats to national security posed by the Chinese-owned social media platform.
With Digital Currency Group'sGenesis crypto lending unit said to be on the brink of a bankruptcy filing, a group of folks reassessed the risk associated with one stablecoin in the mix: the U.S. dollar-pegged Gemini Dollar.
Driving the news: Members of MakerDAO, a decentralized finance protocol that holds roughly 85% of Gemini Dollar's (GUSD) market capitalization, just voted by the narrowest of margins to maintain its holdings.
Harassment, threats and other toxic behavior from players are taking their toll on the people who make games, according to a new poll.
Driving the news: More than 75% of game creators responding to the 11th annual State of the Game Industry survey said it’s a “serious” or “very serious” issue, according to data released today.
Next month's Super Bowl in Phoenix will be a huge coming-out party for Waymo, whose driverless vehicles will transport fans from the airport to downtown venues.
Why it matters: For many Super Bowl visitors, it will be their first opportunity to ride in a driverless car.
Phoenix is the only place where Waymo robotaxis are available to the general public; San Francisco and Los Angeles will come next.
For Waymo, it's an opportunity to stress-test its service during what will be one of the city's busiest weekends of the year.
It's also a way to keep drunk drivers off the road on Super Bowl Sunday, when officials typically see a spike in deadly crashes.
Driving the news: Waymo is partnering with the Arizona Super Bowl Host Committee to incorporate autonomous taxis into fan experiences the week before and during the Big Game.
Visitors (and locals) who download the Waymo app can summon the "Waymo Driver" in an autonomous Jaguar I-PACE to pick them up from Phoenix Sky Harbor International Airport via the 44th Street and Washington PHX Sky Train Station.
They can also hail a robotaxi for rides in and around downtown.
Yes, but: The Super Bowl venue itself — State Farm Stadium in Glendale, west of Phoenix — isn't in Waymo's service area, which means fans will need to find another way to the game.
Waymo has been operating its public robotaxis in Phoenix's eastern suburbs since 2020, and recently expanded to include downtown and the airport.
Plus, Waymo won't say how many robotaxis will be in service that week — more than usual, but you might have to wait if you really want a robot driver.
What they're saying: "There's no bigger stage for our 24/7 ride-hailing service than transporting people from all over the globe to and from the airport and around downtown for the many exciting activities surrounding the Big Game," said Saswat Panigrahi, Waymo Chief Product Officer.
Forget crypto and blockchain: The tech conversation at this year's World Economic Forum in Davos is all about the rise of artificial intelligence, particularly the text-generator ChatGPT.
Why it matters: Tools like OpenAI's ChatGPT and image generators like Stable Diffusion and Dall-E have been in the works for years — but even the tech experts in the Davos crowd are shocked at just how fast they have matured.
