Author: Tech Support

    • Source: Block.one, which raised ~$4B in its ICO, has made $174M in VC investments and bought back 10% of its stock, rewarding early investors like Peter Thiel (Alastair Marsh/Bloomberg)

    Alastair Marsh / Bloomberg: Source: Block.one, which raised ~$4B in its ICO, has made $174M in VC investments and bought back 10% of its stock, rewarding early investors like Peter Thiel  —  Billionaire moneymen Peter Thiel, Alan Howard and Louis Bacon have seen plenty of big paydays—but probably none as unusual as this one. Source:

    Read More
    • Amazon shareholders vote down proposals on facial recognition and climate change

    Amazon shareholders have voted down proposals meant to curb sales of the company’s controversial facial recognition tool and to limit its carbon output. The proposals, which were driven by shareholding activists and employees, were nonbinding, but represented a moment of defiance against Amazon. The company’s Rekognition tool, which is sold to law enforcement, has been

    Read More
    Blasting facial-recognition technology, lawmakers urge regulation before it ‘gets out of control’

    A hearing on Wednesday suggested that opposition to facial recognition technology could be the rare issue progressives and conversatives in Congress. Several members voiced worries about the technology being used here as it is currently is in China, where it contributes to the surveillance state’s systems of public monitoring and social control. Blasting facial-recognition technology,

    Read More
    • Testing finds Tesla's updated Autopilot software, designed to make changing lanes "more seamless", does not work well and could create safety risks for drivers (Keith Barry/Consumer Reports)

    Keith Barry / Consumer Reports: Testing finds Tesla’s updated Autopilot software, designed to make changing lanes “more seamless”, does not work well and could create safety risks for drivers  —  CR finds that latest version of Tesla’s automatic lane-changing feature is far less competent than a human driver Testing finds Tesla's updated Autopilot software, designed

    Read More
    • Razer says it will shut down its Ouya and Forge TV services on June 25, marking the official end of the crowdfunded Android game console, discontinued in 2015 (Owen S. Good/Polygon)

    Owen S. Good / Polygon: Razer says it will shut down its Ouya and Forge TV services on June 25, marking the official end of the crowdfunded Android game console, discontinued in 2015  —  Turbulent six-year run comes to an end  —  Online services for Razer’s Ouya and Forge TV services will shut down at

    Read More
    • Kenya is allegedly selling citizen data to highest corporate bidder

    According to Dr. Roselyn K. Akombe, Chief of Policy Planning and Guidance at the United Nations and ex-commissioner of Kenya’s Independent Electoral and Boundaries Commission (IEBC), the country’s government is going to sell all the citizen data collected through the Huduma Namba exercise to the highest bidder. Her statement came after President Uhuru Kenyatta extended the deadline for

    Read More
    • Source says Medium has 200K-400K paying subscribers, which at $50 per user amounts to a minimum of $10M per year from subscriptions alone (Alex Heath/Cheddar)

    Alex Heath / Cheddar: Source says Medium has 200K-400K paying subscribers, which at $50 per user amounts to a minimum of $10M per year from subscriptions alone  —  For Medium CEO Ev Williams, building a profitable business isn’t an immediate concern.  —  “We’re focused on building revenue and building a subscription business … Source says

    Read More