Author: Tech Support

In its first quarter since going public, Tencent Music posts net loss of $127M on $785M revenue, mainly due to a one-off share-based charge to label partners (Rita Liao/TechCrunch)

Rita Liao / TechCrunch: In its first quarter since going public, Tencent Music posts net loss of $127M on $785M revenue, mainly due to a one-off share-based charge to label partners  —  Tencent Music Entertainment Group, the Chinese answer to Spotify that Tencent spun out and floated on the New York Stock Exchange in December

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Square CEO Jack Dorsey introduces Square Crypto, a new initiative for open source contributions to the "bitcoin/crypto ecosystem" (Nikhilesh De/CoinDesk)

Nikhilesh De / CoinDesk: Square CEO Jack Dorsey introduces Square Crypto, a new initiative for open source contributions to the “bitcoin/crypto ecosystem”  —  Payments startup Square plans to hire a number of engineers and a designer to work on its crypto initiatives, according to tweets from CEO Jack Dorsey. Square CEO Jack Dorsey introduces Square

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Amazon vendors say Amazon is more aggressively blocking ads of unprofitable products and telling them to lower wholesale prices for ads to be reinstated (Eugene Kim/CNBC)

Eugene Kim / CNBC: Amazon vendors say Amazon is more aggressively blocking ads of unprofitable products and telling them to lower wholesale prices for ads to be reinstated  —  – In recent months, Amazon has been more aggressively enforcing its policy of suspending ads if the product being promoted doesn’t make money. Amazon vendors say

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Khronos Group releases OpenXR 0.90 specification for AR and VR hardware standards; supporters include Google, HTC, Microsoft, Oculus, Samsung, Unity, and Valve (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat: Khronos Group releases OpenXR 0.90 specification for AR and VR hardware standards; supporters include Google, HTC, Microsoft, Oculus, Samsung, Unity, and Valve  —  The Khronos Group has announced the ratification and public release of the OpenXR .90 provisional specification … Khronos Group releases OpenXR 0.90 specification for AR and VR hardware

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Qualcomm says it is developing Snapdragon-powered VR and AR headsets that will double as wireless VR for PCs, with hardware arriving this year (Scott Stein/CNET)

Scott Stein / CNET: Qualcomm says it is developing Snapdragon-powered VR and AR headsets that will double as wireless VR for PCs, with hardware arriving this year  —  There are just too many VR helmets and goggles out there — getting even one on your face is enough of a struggle. Qualcomm says it is

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Epic says Fortnite has 250M registered players, up from 200M in December, releases a free cross-platform SDK to help developers launch, operate, and scale games (Jessica Conditt/Engadget)

Jessica Conditt / Engadget: Epic says Fortnite has 250M registered players, up from 200M in December, releases a free cross-platform SDK to help developers launch, operate, and scale games  —  When Tim Sweeney built ZZT in 1991, he didn’t know how to program graphics.  Instead of coding actual characters and objects into his game …

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Futuristic hover bike promises 15,000 foot climbs and 150 MPH top speed (and you can pre-order it now)

Earlier this month, JetPack Aviation threw down the gauntlet, offering up its futuristic hover bike, dubbed the Speeder, for pre-order. It promised delivery next year. The hovercraft features four turbojet engines capable of 750 pound-feet of thrust, an on-board vehicle stability system, touchscreen navigation, and a 360-degree automatic collision avoidance system. It’ll reach altitudes of

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