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US steps up crypto crackdown with Coinbase suit
AFP, Published on 07/06/2023
» NEW YORK: In their second major action against a big crypto player in two days, United States regulators sued Coinbase on Tuesday, alleging its failure to register as a securities exchange venue exposed investors to risk.
Microsoft stock booming on AI run
Life, James Hein, Published on 07/06/2023
» It's not a good time to be working for Microsoft, but it is a good time to be a shareholder or executive. Stock is up over 30%, net income is up and the CEO Satya Nadella got a nice 10% raise. Regular workers received no pay rise, or effectively a 5% pay cut due to inflation. Microsoft has rationalised it as pat and generic reasons like a "competitive environment" and the "global macroeconomic uncertainties". In reality, Microsoft is using the money to jump into the AI wave through a multibillion-dollar partnership with OpenAI.
Free speech and pedestrian blues
Life, James Hein, Published on 21/12/2022
» Let's take a look at my predictions for 2022, a mixed year for technology. How did I do? Virtual reality didn't advance as much as I'd hoped. Artificial intelligence made some incremental games including as I pointed out in an earlier article, for music producers. The Neuralink interface did improve this year, if indeed that is something you're interested in, but still not available for broad human use. I also was wrong on cryptocurrency. With the FTX exposure the private firms took a hit, but governments have started to get interested in the technology. The world is poised for a crypto explosion, but not this year.