Twitter on Wednesday updated its advertising policies to allow cannabis ads to run on its service in states where cannabis is legal, in accordance with federal guidelines.
Why it matters: The policy represents the biggest step forward that any major tech company has made toward allowing cannabis advertising where it's legal in the U.S.
The old adage "fool me twice, shame on me" should be ringing in your ears if you happen to be lining up behind a new crypto-centric exchange whose founders fooled you once already.
Why it matters: Open Exchange, a new venue for traders expected to launch this month, is billed as a solution for people harmed by the crypto crises. Its leaders are industry veterans whose own failed companies helped create that harm.
A judge on Wednesday denied a previously filed motion by the U.S. trustee, requesting an appointment of a neutral, independent examiner to look into FTX and what led to the crypto exchange's collapse.
Details: It could cost creditors too much time and money, U.S. bankruptcy judge John Dorsey said during the hearing, estimating expenses at more than $100 million.
On tech's biggest platforms, efforts to limit undesirable content are splintering as corporate priorities change.
Why it matters: Major online platforms that once competed to display their vigilance against misinformation, abuse and hate speech are now choosing decidedly different roads on how to police their content.
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.
