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Activision Blizzard’s Raven Software workers vote to form industry’s first union

The vote marks a victory for labor advocates in an industry mired with allegations of abuse and poor working conditions Workers in a division of video game company Activision Blizzard have voted to unionize, creating the first labor union at a major US gaming firm. A small group of Wisconsin-based quality assurance testers at Activision …

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America’s billionaire class is funding anti-democratic forces | Robert Reich

Billionaire donors are pushing an unsettling agenda for America – backing Trump’s lie that the 2020 election was stolen, calling for restrictions on voting and even questioning the value of democracy itself Decades ago, America’s monied interests bankrolled a Republican establishment that believed in fiscal conservatism, anti-communism and constitutional democracy. Today’s billionaire class is pushing …

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Tether pays out $10bn in withdrawals since start of crypto crash

Pace of withdrawals in May means ‘stablecoin’ company effectively dealing with slow-motion bank run Tether, the multibillion dollar “stablecoin” that functions as the largest bank in the cryptocurrency economy, has paid out $10bn (£8bn) in withdrawals since the crypto crash started in early May. The pace of withdrawals means the company is effectively dealing with …

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Ukrainian man loses life savings in ‘stablecoin’ crypto slump

Yuri Popovich invested in the supposedly safe cryptocurrency to protect against risks of the invasion A Ukrainian man who converted almost all his family’s money into the crypto “stablecoin” terra in April in an effort to protect against the risks of invasion or currency collapse has lost almost $10,000 (£8,000) after its sudden demise. “It …

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‘Phones are like a scab we know we shouldn’t pick’: the truth about social media and anxiety

Although connecting with friends online has positive benefits for mental health, overdoing screen time can lead to a catastrophic emotional crash Most people think that phones are a bad thing for anxiety. Parents, in particular, believe phones are terrible for the mental health of children, teenagers and young adults. So, what is the truth? While …

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Can Abba really recreate the feel of a live concert using holograms 41 years after their last set?

This week the supergroup begin seven months of gigs in a purpose-built London arena… with the band members elsewhere Just over 41 years ago, Abba played their last concert together. It wasn’t a live show for salivating fans, but a short set for Swedish TV. A highlight was their recent hit Super Trouper, a song …

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YouTube removes more than 9,000 channels relating to Ukraine war

Exclusive: Platform takes ‘unprecedented action’ to address content guideline violations since invasion Russia-Ukraine war: latest updates YouTube has taken down more than 70,000 videos and 9,000 channels related to the war in Ukraine for violating content guidelines, including removal of videos that referred to the invasion as a “liberation mission”. The platform is hugely popular …

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Crypto is starting to lose its cool – just look at El Salvador | Rowan Moore

Fantasies of a Bitcoin City have been undermined by the country’s huge losses in cryptocurrency To its evangelists, bitcoin is a frictionless, empowering form of money that liberates citizens of the world from the shackles of banks and national governments. To sceptics, the cryptocurrency is a tool of kleptocrats and gangsters, environmentally monstrous in its …

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TikTok and tiaras: the youngsters leading a new generation of royalists

A 70-year reign is being hailed in 60-second video clips to mark the Queen’s platinum jubilee – winning over hundreds of thousands of followers Charlie Richardson, 19, known on TikTok as notaroyalexpert, has been working tirelessly over the past few weeks to update his online audience on the Queen’s recent appearances, as well as dispelling …

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