Christine Wilson, the sole remaining Republican on the Federal Trade Commission (FTC), announced Tuesday that she is resigning from her position.
Driving the news: In an opinion published in the Wall Street Journal, Wilson accused FTC chair Lina Khan of abusing her authority and "undermining the commission structure that Congress wrote into law."
Renowned Pokémon studio Game Freak is committed to making more non-Pokémon games, even if that’s gotten more challenging, Masao Taya, director of the studio’s newest release, Pocket Card Jockey: Ride On, tells Axios.
Driving the news: Ride On, a fun game that somehow successfully mixes virtual horse racing with solitaire, was recently released for the Apple Arcade subscription service.
A long-running, romance-based crypto scam is getting more sophisticated and harder to stop, researchers and officials warn.
The big picture: Government officials have cautioned for years about a scam tactic known as "pig butchering" that's resulted in victims losing as much as half a million dollars at a time.
The cryptocurrency exchange Kraken has been valorized in the crypto world recently because of its loss to the U.S. Securities and Exchange Commission over the issue of "staking."
Why it matters: Who may and may not participate in staking — the process of checking transactions on various cryptocurrency networks — will have implications for another point of tension between blockchains and nation-states: international sanctions.
Salesforce is adding fields to its core products that allow for more options when it comes to gender and pronouns.
Why it matters: The business software giant's move not only allows customers to better represent transgender and nonbinary people but also helps make gender-related data more accurate.
Tesla workers in New York announced in a letter to management Tuesday that they were launching a campaign to form a union.
Why it matters: It would be a first for Tesla, which until now has managed to avoid unionization at its U.S. facilities, unlike many other major automakers.
Protecting children's safety online is back on Congress' agenda as a number of states rush to pass their own bills that would force tech companies to change how they design products for younger users.
Driving the news: The Senate Judiciary Committee is holding a hearing Tuesday focused on protecting children online, marking a new push in Congress on the issue.
The U.S. securities regulator has made clear with two recent enforcement actions that it views most crypto products and services as securities — the agency’s simplest and broadest warning to date about what companies in the industry can't do.
Why it matters: In causing the exchange Kraken to shut down its staking program — a common service offered by many in the industry — the regulator has made it clear that some of crypto's biggest names may now be drawn into its crosshairs.
Developers who worked on the acclaimed 2002 Nintendo GameCube game Metroid Prime are publicly voicing frustration that a recently released Switch remake called Metroid Prime Remastered fails to name the game’s original creators in its credits.
Driving the news: Zoid Kirsch, a senior engineer on the original who did not work on the remake tweeted on Saturday that he was “let down” by the lack of full original credits in the new Switch version.
Ford Motor is investing $3.5 billion in a Michigan factory that will make electric vehicle batteries using technology licensed from a major Chinese supplier.
Why it matters: The plant, which is expected to create 2,500 high-paying jobs, is part of a burgeoning U.S. supply chain for electric vehicles (EVs) — but it comes amid heightened geopolitical tensions between the U.S. and China.
To regulate pirates, cut off access to their ports and see how long they last at sea. That's the playbook being used in the U.S. to rid the scourge that is crypto too, or so it would seem.
Why it matters: For crypto, banks are its ports — vital on- and -off ramps for dollars to move on-chain. But banks cannot hold crypto as principal, the Fed's Board of Governors said in a bulletin made effective last week.
Longtime Meta executive Marne Levine will exit the company later this year, she told Axios, ending her 13-year tenure with the company.
Why it matters: Levine currently oversees all advertising and business partnerships for Meta. Two longtime Meta executives, Nicola Mendelsohn and Justin Osofsky, will take over her responsibilities.
After raising more than $115 million, New York startup Altana has made several key executive hires designed to advance its mission: mapping the world's supply chains.
Why it matters: Companies are paying a lot more attention to supply chains in a world disrupted by global pandemics, wars and climate change. Even so, many have little idea what is taking place beyond the first layer or two of their suppliers.
ChatGPT rocketed into our world because of exponentially compounding advances in artificial intelligence programming — but also because of the primordial wiring of our brains.
How it works: Human perceptual systems are finely tuned to recognize another person, researchers have established, and we do this so well that we project humanity even when it's not there. Two dots and a circle become a face; the moon gets a man in it.
The recent wave of tech layoffs has hit some of the industry's most innovative departments and projects particularly hard.
Why it matters: As tech companies tighten their belts, some of those working on their riskiest — yet most intriguing and futuristic — bets are first on the chopping block.
