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Cryptocurrency like Beanie Babies, says Coinbase in US regulator’s lawsuit

The Securities and Exchange Commission has alleged the crypto exchange is flouting rules and selling unregistered securities A federal judge in Manhattan on Wednesday grilled Coinbase and the US securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the cryptocurrency industry. Coinbase argued against …

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$2bn woman: how Sheryl Sandberg became one of tech’s most successful bosses

Sandberg was once considered so critical to Facebook’s success that her exit was seen as potential risk to investors’ money Sandberg to leave board of Facebook parent Meta Mark Zuckerberg hired Sheryl Sandberg as Facebook’s chief operating officer in 2008 as the social network was growing fast and trying to attract investment. Zuckerberg, who founded …

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Google boss warns staff to expect further job cuts this year

Sundar Pichai’s memo acknowledges redundancies would come on top of round of layoffs reported last week Google’s chief executive has told employees to expect more job cuts this yearafter a recent round of layoffs that affected 1,000 staff. Sundar Pichai said in a memo to staff on Wednesday that “some roles may be impacted” as …

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Samsung bets heavily on AI tricks to boost Galaxy S24 appeal

South Korean firm will hope generative AI text, voice, image and video tools can help it regain top spot in phone market Samsung has leaned heavily into AI tricks for its latest premium S24 Android phones, including instant phone call translation, new Google search and advanced image and video-editing features as it attempts to reignite …

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‘Fundamentally against their safety’: the social media insiders fearing for their kids

Parents working for tech companies have a first-hand look at how the industry works – and the threats it poses to child safety Arturo Bejar would not have let his daughter use Instagram at the age of 14 if he’d known then what he knows now. Bejar left Facebook in 2015, where he spent six …

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Best podcasts of the week: The loves and lives ruined by the Ashley Madison dating site hack

In this week’s newsletter: Find out how the ‘no strings attached’ site hack forever altered thousands in Exposed. Plus: five of the best podcasts that ended too soon • Don’t get Hear Here delivered to your inbox? Sign up here If you listened to Stephen Fry’s recent podcast, it might have left you puzzled. The …

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The Last of Us Part II Remastered review – unmissable repacking of modern classic

Sony, PS5Visual and haptical enhancements along with bonus content including new modes, cut stages and audio commentary from designers make this a required experience It’s hard to believe The Last of Us Part II originally arrived almost four years ago, dropping right into the middle of the Covid lockdown period. There was such a haunting …

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Sheryl Sandberg to leave board of Facebook parent Meta

Former chief operating officer was lead architect of Facebook’s digital advertising-driven business model Sheryl Sandberg is to step down from the board of Facebook’s parent company, Meta, nearly two years after quitting her executive role at the business. Sandberg was the lead architect of Facebook’s digital advertising-driven business model as Meta’s chief operating officer. Continue …

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Victorian courts reveal cyber attack targeted files dating back as far as 2016

Court Services Victoria says hackers accessed years’ worth of recorded hearings across several courts and attack was much worse than initially thought Get our morning and afternoon news emails, free app or daily news podcast The cyber attack that hit Victoria’s court system last year was worse than officials first thought, with hackers accessing years’ …

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Tech billionaires want to build a new city in rural California. Will voters go for it?

California Forever, which bought 60,000 acres, has received fierce opposition from local officials and environmental groups The controversial plan backed by Silicon Valley billionaires to build a new city in northern California farmland could come before voters later this year. California Forever, the company that quietly acquired 60,000 acres of land in Solano county and …

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