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After the Jedi cloud contract fell apart, the US DOD has allocated less than 2% of its $9B Joint Warfighting Cloud Capability program, started in December 2022 (Eva Dou/Washington Post)

Eva Dou / Washington Post: After the Jedi cloud contract fell apart, the US DOD has allocated less than 2% of its $9B Joint Warfighting Cloud Capability program, started in December 2022  —  In the past year, less than 2 percent of $9 billion set aside to upgrade the U.S. military’s computing technology has been

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Paxos plans to expand its products to the Solana blockchain on January 17, 2024, after receiving approval from the NY financial regulator (Leo Schwartz/Fortune)

Leo Schwartz / Fortune: Paxos plans to expand its products to the Solana blockchain on January 17, 2024, after receiving approval from the NY financial regulator  —  The leading stablecoin issuer Paxos has received regulatory approval to expand its products to the Solana blockchain, which it plans to launch on January 17, 2024.

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Insomniac finally responds to hack that leaked ‘Wolverine’ game and more

Image: Insomniac Games Insomniac Games has released a statement few days after a ransomware attack exposed millions of files including sensitive employee information, confidential business information, and assets for in-development games. “We’re both saddened and angered about the recent criminal cyberattack on our studio and the emotional toll it’s taken on our team,” the statement

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Spotify pulls support for two music festivals in France, in protest against a new tax that will impose a levy of 1.5% to 1.75% on all music-streaming services (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch: Spotify pulls support for two music festivals in France, in protest against a new tax that will impose a levy of 1.5% to 1.75% on all music-streaming services  —  Spotify is pulling support for two music festivals in protest against a controversial new tax directed at music-streaming platforms operating …

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How SoftBank’s $500M bet on US mortgage lender Better, once valued at $7B, backfired; BETR is down 90%+ since its August 2023 IPO after a US SEC investigation (Financial Times)

Financial Times: How SoftBank’s $500M bet on US mortgage lender Better, once valued at $7B, backfired; BETR is down 90%+ since its August 2023 IPO after a US SEC investigation  —  Multibillion-dollar investment in start-up soured as interest rates rose and Spac craze ended  —  In April 2021 …

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EU member states reject a provisional deal that would have required platforms like Uber and Deliveroo to give full employment status to around 5.5M gig workers (Max Ramsay/Bloomberg)

Max Ramsay / Bloomberg: EU member states reject a provisional deal that would have required platforms like Uber and Deliveroo to give full employment status to around 5.5M gig workers  —  – Rules will go through further negotiations with EU lawmakers  — Deal could have cost industry billions of euros annually

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Prosecutors: Pornhub operator Aylo admits that it had profited from porn that depicted sex trafficking victims, will pay a $1.8M fine and be assigned a monitor (Erin Nolan/New York Times)

Erin Nolan / New York Times: Prosecutors: Pornhub operator Aylo admits that it had profited from porn that depicted sex trafficking victims, will pay a $1.8M fine and be assigned a monitor  —  The company that operates Pornhub and other adult websites has agreed to pay damages to women who said pornographic videos of them

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Giant Demonstrator Explains How DLP Projectors Work

Texas Instruments developed digital mirror devices, and the subsequent digital light processing (DLP) projector, starting in the late 1980s. The technology is a wondrous and fanciful application of micro-scale electronics and optics. Most of us that have tangled with these devices have had to learn their mode of operation from diagrams and our own imagination.

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Sources: Apple blocking Beeper Mini has caught the attention of the DOJ, which is in the middle of a four-year-old probe into Apple’s anticompetitive behavior (New York Times)

New York Times: Sources: Apple blocking Beeper Mini has caught the attention of the DOJ, which is in the middle of a four-year-old probe into Apple’s anticompetitive behavior  —  Beeper Mini, which offers iPhone messaging on Android phones, has grown fast and its duel with the tech giant has gotten the attention of antitrust regulators.

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Revolut publishes delayed 2022 accounts, removing a hurdle in its UK banking license bid; revenue grew 45% YoY to £922.5M, while pretax loss grew to £25.4Mg2 (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg: Revolut publishes delayed 2022 accounts, removing a hurdle in its UK banking license bid; revenue grew 45% YoY to £922.5M, while pretax loss grew to £25.4Mg2  —  – Auditors at BDO say issues for 2021 data have been resolved  — Fintech reports pretax loss; sees $2 billion revenue this year

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