Many believe that the collapse of FTX is not the death of crypto. But disappointment in what FTX's implosion represents is hard to overstate, professor says. FTX was seen as one of the most compliance-friendly institutions in the crypto economy.
Microsoft has formally appealed the U.K. Competition and Markets Authority's decision to reject its proposed acquisition of Activision Blizzard. The request for reconsideration comes about a month after the competition and market regulator rejected the acquisition of Activision Blizzard, which also includes mobile gaming company King.
ARM announced the launch of its next-generation compute platform, Total Compute Solution (TCS) 23, featuring a new CPU-GPU combination. TCS 23 combines the CoreTex-X4 CPU and Immortalis-G720 GPU to maximize performance and battery efficiency compared to its predecessor, TCS 22. "The Coretex-X4 CPU, one of the key enablers of TCS 23, will be produced on the N3E (3-nanometer) process in collaboration with TSMC," said Chris Burgee, senior vice president, Infrastructure Business Unit, ARM.
Portugal may ban Huawei and other Chinese companies from participating in its 5G deployment, according to reports.
According to Bloomberg, the Portuguese government recommended this week that local telcos be banned from procuring 5G equipment from vendors outside the European Union or from countries that are not part of the North Atlantic Treaty Organization (NATO) or the Organization for Economic Cooperation and Development (OCED). In a statement released on Thursday by Portugal's High Council for Cybersecurity, the Portuguese government said companies outside these jurisdictions pose a "high risk" to the security of Portugal's wireless networks. The document does not specifically mention Huawei, but since China is not a member of North Atlantic Treaty Organization, Organization for Security and Cooperation in Europe, or the European Union, if Portugal's cabinet approves the security council's recommendation, the country could ban the company. Huawei, along with other Chinese vendors such as ZTE, could be effectively excluded from participating in Portugal's 5G network.
A class action lawsuit over Apple's butterfly keyboards, which were prone to breakdowns and dust, causing erroneous keystrokes and frequent malfunctions, has been settled for at least $50 million. for up to $50 million. In May 2018, consumers filed a class action lawsuit in the U.S. District Court for the District of California, alleging that Apple knew the butterfly keyboard design was problematic but continued to use it anyway. The complaint alleged that thousands of MacBook users have experienced butterfly keyboard failures and pointed to the fragile structure as a problem.