Other things Tesla makes massive bitcoin bet The biggest story of the week in the tech world was probably Elon Musk pushing Tesla to make a $1.5 billion investment in bitcoin, a move that sent the cryptocurrency’s price surging. Bitcoin is currently trading up over 25% week-over-week with Tesla’s purchase one of the main catalysts behind the recent movement. Twitter makes its Trump ban super permanent Twitter’s ban of ex-President Trump’s account has been quite the moment for the service, they detailed this week that he was never going to get the account back, even if he ran for public office again. "The way our policies work, when you're removed from the platform, you're removed from the platform — whether you're a commentator, you're a CFO, or you are a former or current public official," Twitter’s CFO said this week. Twitter gets serious about getting ambitious This has been a noteworthy year for Twitter when it comes to product, they’ve made some good acquisitions, have tried a little harder to innovate and investors have seemed to notice. The company’s stock price is pushing through past its post-IPO run, finally seeming to recapture that initial promise. On an earnings call this week, the company talked about how they were planning to finally start pushing subscription monetization on the platform. Jack Dorsey and Jay Z invest in Bitcoin endowment Twitter’s CEO and Roc Nation founder and rapper Jay Z are co-investing 500 bitcoin (about $24 million) into a new venture that’s aiming to “make bitcoin the internet’s currency.” Facebook Oversight Board eyes expanded role In the true spirit of Facebook, the company’s independent Oversight Board is already showing interest in expanding its reach. During a panel, one of the board’s co-chairs detailed that “other platforms and other tech companies are more than welcome to join,” signaling a future where the board of global experts holds even more sway over speech on the web’s platforms. Epic shows off ‘MetaHuman’ creation software In one of the more uncanny updates of the week, Fortnite/Unreal Engine developer Epic Games took the wraps off of a next-generation character creation tool which could make the future of in-game characters look a lot more realistic. |
Post a Comment