Gizmodo

Another bank fails, and the anti-regulation apologists are quick to follow. Tech startup darling Silicon Valley Bank’s utter collapse this past week and the U.S. government’s quick bailout was one for the record books, but one Wall Street Journal writer seems to think that SVB was “distracted” by having a board with…

Gizmodo : Economy

The U.S. government swooped in on Sunday to save the tech industry’s favorite bank, announcing that it would ensure all depositors in Silicon Valley Bank had full access to their money by Monday. Silicon Valley Bank is the second-largest bank to fail in U.S. history.

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Gizmodo : Environment

Have you ever dreamed about furthering environmental goals in the corporate space—or, more specifically, working for one of the world’s most prolific climate deniers, at a company helping churn a crusade against the very existence of a job like yours? Great news: Rupert Murdoch’s News Corporation, aka News Corp, is…

Gizmodo : Economy

Tesla, Twitter, SpaceX, and Boring Company CEO Elon Musk is adding one more title to his resume: town owner. The multi-billionaire is reportedly working on building his own “utopia” in Texas and plans to name it Snailbrook.

Gizmodo

Amazon is reportedly gearing up to launch an NFT marketplace, likely dubbed “Amazon NFT Marketplace” or “Amazon Digital Marketplace,” that may be available to customers in April.

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Gizmodo : Economy

It would appear that the days of crisp dollar bills and shiny pennies are falling behind us. The number of ATMs in the U.S. is reportedly on the decline as we move to a society hellbent on credit cards, mobile payments, and tap-to-pay.

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Gizmodo

After reports revealed that Meta was planning on opening Horizon Worlds to teens, two democratic senators are now encouraging the company to reconsider. Meta’s virtual reality video game platform is currently 18+, but internal documents previously indicated that Meta was planning on enticing kids to join in on the…

Gizmodo : Politics

Billionaire Fox Corporation Chair Rupert Murdoch thought all the noise spewed by former President Donald Trump during his “stop the steal” hoax was “bullshit and damaging.” However, the thought of curbing the spread of an incredibly dangerous conspiracy wasn’t at the top of his mind back then. He was focused on…

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Gizmodo : Technology

Apple is apparently back in the business of making cheap[er] iPhones in its SE lineup, barely a month after analysts thought Apple had canceled work on the SE 4.

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Gizmodo

Twitter CEO Elon Musk has a message for employees: Loyalty means nothing. Over the weekend, Musk laid off more than 50 employees at the social media company, including one of his most vocal supporters, product head Esther Crawford.

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