Prominent Silicon Valley VC firm Andreessen Horowitz embarks on major crypto policy push in Washington

Venture capital firm Andreessen Horowitz will send several executives to Washington, D.C. this week to tell leaders on Capitol Hill and in the White House why they should regulate the next generation of the internet. The firm, commonly known as a16z, is a major investor in crypto and other technologies that rely on decentralized models …

InMobi to acquire London-based app ads performance tracker Appsumer

Softbank-backed InMobi announced it has signed a definitive agreement to acquire London-based Appsumer, a performance insights platform for mobile app advertisers that provides a 360-degree view of marketing spend across channels, allowing advertisers to turn complex data into rich insights. Appsumer has been the intelligence platform of choice for performance marketing …

‘Squid Game’ is Netflix’s biggest series launch after topping 100 million viewers globally

Scene from “Squid Game” by Netflix Source: Netflix Netflix says “Squid Game” is its biggest series launch of all time. The streaming giant said in a tweet late Tuesday that the much-hyped South Korean drama show has attracted 111 million viewers globally since its Sept. 17 release. It’s the first Netflix show to top 100 …

ASUS to pick e-waste from your doorstep in India sans any charge

Taiwanese tech company ASUS on Wednesday said that it will help consumers in India responsibly dispose of their e-waste, by offering free home pick-up for the discarded gadgets. The #DiscardResponsibly campaign will go live on the International E-waste Day, which falls on October 14, and will run till October 31. …

Tech innovations with 5G set to redefine future of telecom: Report

Technological innovations with 5G will redefine future of telecom in India and open a slew of opportunities across industries such as healthcare, education, fintech, e-commerce and entertainment, according to a CII-Deloitte report. Private networks are expected to see a huge demand from enterprises in near future, led by the requirement of …

U.S. officially the top destination for bitcoin miners, beating out China for the first time

The U.S. is now the number one destination for bitcoin miners, eclipsing China for the first time ever. While it was already trending in that direction, new data from Cambridge University released early Wednesday makes it official. As of July, 35.4% of bitcoin’s hashrate – an industry term used to describe the collective computing power …

IEA says clean energy progress remains ‘far too slow’

Lignite mining taking place in Germany with wind turbines in the background. delectus | iStock | Getty Images The International Energy Agency issued a sobering warning Wednesday, claiming that clean energy progress remained “far too slow to put global emissions into sustained decline towards net zero.” The Paris-based organization made its remarks in an announcement …

Samsung to hold Galaxy Unpacked event for Oct 20, here’s what to expect

Samsung has announced that it will hold a second Galaxy Unpacked event on October 20. The event will be livestreamed on the company’s YouTube channel beginning at 7 a.m. PT. The new invitation for the Samsung Galaxy Unpacked Event Part 2 says that it will “open up new experiences for self-expression …

Safeway ex-CEO says company did ‘at least 100 hours’ of due diligence on Theranos before signing deal

Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — Former Safeway CEO Steve Burd said on Tuesday that his company knew it was taking a risk by partnering with blood-testing start-up Theranos, …

Apple likely to slash iPhone 13 production due to chip crunch: Report

Apple Inc is likely to cut down production of its iPhone 13 by as many as 10 million units due to the global chip shortage, Bloomberg News reported on Tuesday, citing people familiar with the matter. The company was expected to produce 90 million units of the new iPhone models by …