| Michael Kan / PCMag: |
Many crypto miners are shutting off rigs and plan to sell their GPUs, as GPU-based mining for most cryptocurrencies becomes unprofitable after Ethereum's Merge — Crypto-miners are shutting off their rigs and mulling selling their GPUs since few, if any, cryptocurrencies are currently profitable … | Bloomberg: |
A profile of Figma founder Dylan Field, who will become the wealthiest person from the Thiel Fellowship by far, as PitchBook estimates his stake is worth $2B+ — Dylan Field dropped out of an Ivy League school in 2012 to take a grant from the billionaire Peter Thiel and start a software company called Figma.| Hunter Walk: |
Adobe's $20B Figma acquisition is worth it because Figma's $400M ARR, independent of margin, was continuing to double, creating pricing pressure on Adobe — Hint: The Answer Doesn't Involve a Spreadsheet — I'm not an investor in Figma. I don't know Figma CEO Dylan Field. And I'm not a designer.| Biz Carson / Protocol: |
A look at antitrust concerns for Adobe's $20B Figma acquisition, including whether the deal could eliminate competition and harm consumers by reducing choices — Hello, and welcome to Pipeline. I'm Biz Carson, and I'm devastated after I lost my 149-day Wordle streak to “parer” yesterday.| Natasha Lomas / TechCrunch: |
Unsealed court docs in a privacy user profiling suit against Meta show that apps from Zynga, Yahoo, and others had extensive access to users' friends' data — It's not the crime, it's the cover up... The scandal-hit company formerly known as Facebook has fought for over four years to keep … | Andrew Cunningham / Ars Technica: |
EVGA exits graphics cards, citing issues with Nvidia, after exclusively using GeForce GPUs, reportedly making up 80% of its revenue, since its founding in 1999 — EVGA will continue selling current-gen GeForce cards until it runs out of stock. — Graphics card manufacturer eVGA has made a name … | Joe Tidy / BBC: |
Hackers claiming to be a couple from Vietnam say they wiped some of IHG's data, accessed using the password Qwerty1234, after their ransomware attack was foiled — Hackers have told the BBC they carried out a destructive cyber-attack against Holiday Inn owner Intercontinental Hotels Group (IHG) “for fun”.| Bloomberg: |
A look at the mounting challenges for Lingang, a Shanghai suburb meant to be China's next Silicon Valley, amid an economic slowdown and geopolitical tensions — This article is the fourth in an occasional series about the New Geography of Technology. You can read the first installment on Milan here … | Mike Masnick / Techdirt: |
The 5th Circuit federal court's ruling to uphold the Texas social media content moderation law is based on a misrepresentation of how Section 230 actually works — from the batshit-crazy dept — As far as I can tell, in the area the 5th Circuit appeals court has jurisdiction … | Joe Schneider / Bloomberg: |
| David Streitfeld / New York Times: |
An in-depth look at a 2019 cyberstalking campaign by eBay employees against two critics who are now suing the company, its former CEO, and others for harassment — The victims of a bizarre cyberstalking operation are trying to hold the chief executive and the culture of the company responsible.| Matthew Gault / VICE: |
The DHS has awarded a ~$700K grant to researchers to develop best practices and resources for monitoring and evaluating extremist activities in game communities — Several groups are coming together to study the little understood phenomenon. — Matthew Gault| Matteo Wong / The Atlantic: |
How neural network chess engines redefined the game's creativity, leading some top players to use deception, misdirection, and other psychological techniques — It was as if a bottom seed had knocked out the top team in March Madness: At the Sinquefield Cup chess tournament in St. Louis earlier this month …
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