Month: August 2022
AMD rode the PS5, Xbox, and GPUs from a loss in 2020 to a likely billion in 2022
Today, we’re learning how big AMD’s gaming business is for the very first time — and the answer is $5 billion a year. That’s how much the company earned in 2021 from the “semi-custom” chips that go into Sony’s PS5, PS4, and every modern Microsoft Xbox, in addition to its…
Read MoreMicroStrategy CEO Michael Saylor steps down to ‘focus’ on Bitcoin as chairman
Bitcoin advocate Michael Saylor is stepping down as the CEO of the software company he co-founded, MicroStrategy, and will instead take on the role of executive chairman. Saylor’s belief in Bitcoin has turned the company into a holding vehicle for the cryptocurrency. The news came as the company reported its…
Read MoreThe Orion looks like if Kirby swallowed your Switch
One of my biggest complaints about using a Nintendo Switch in handheld mode is that its screen is just too small. And unlike previous Nintendo handhelds like the Game Boy and Game Boy Advance, no company has been brave enough to release a straight-up book light and magnifying glass window…
Read MoreRobinhood is firing nearly a quarter of its staff
Robinhood is letting go of nearly a quarter of its staff, CEO Vlad Tenev said in a message posted to the company’s blog. “As part of a broader company reorganization into a General Manager (GM) structure, I just announced that we are reducing our headcount by approximately 23%,” Tenev wrote.…
Read MoreMillions of Twitter accounts could be at risk of attack due to these security flaws
Audio player loading… Thousands of apps are leaking Twitter API keys, giving attackers the chance to completely take over those accounts, and use them for identity theft (opens in new tab) or other types of cyber-fraud. The findings come courtesy of cybersecurity experts CloudSEK, which found a total of 3,207…
Read MoreHacking free-for-all relieves crypto bridge users of $200 million
Cryptocurrency hacks are all too common, but they've rarely been quite so anarchic as the latest example. As The Vergenotes, Nomad has confirmed that its cryptocurrency bridge (a service that lets you swap tokens between blockchains) was the victim of an August 1st "incident" where a slew of hackers stole…
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