The DOJ charged Mashinsky with securities fraud in 2023, accusing him of misrepresenting Celsius’s business and finances. It also claimed Mashinsky artificially inflated the price of the platform’s token, CEL, by “spending hundreds of millions purchasing it on the open market.” Mashinsky pleaded guilty to one count of securities fraud …
Read More »Instagram CEO testifies about competing with TikTok: ‘You’re either growing, or you’re slowly dying’
When Adam Mosseri took over Meta-owned Instagram as CEO in 2018, the app was experiencing what he’d later call “concerning” drops and plateaus in user engagement, thanks partly to fierce competition from a new app: TikTok. Instagram estimated in 2019 that 23 percent of the decline in time spent on …
Read More »Razer’s Clio is a $230 surround sound head cushion
Powered by a 5,400mAh battery that Razer says is good for up to 14 hours of use, the Clio uses adjustable straps to attach to “most high-back gaming and office chairs” so that it’s positioned directly behind your head. Inside each of the cushion’s angled wings is a near-field speaker …
Read More »Congress pulls funding for free Wi-Fi hotspots at schools and libraries
The Senate has voted to end a Federal Communications Commission (FCC) rule that used federal funding to cover Wi-Fi hotspots that could be used outside of school and libraries. The program, first implemented by former FCC Chairwoman Jessica Rosenworcel, applied funds from the $2.6 billion federal E-Rate program to a …
Read More »DOJ and FTC invite the public to complain about Ticketmaster
If you’ve been harboring complaints about Ticketmaster, now’s the time to let it all out. The Department of Justice and the Federal Trade Commission are inviting the public to submit comments about harmful practices in live ticketing as part of efforts to “identify unfair and anticompetitive” behavior in the industry. …
Read More »Roborock’s S8 MaxV Ultra, our favorite robovac, is $800 off
If you’re tired of spending your weekends cleaning, you might want to check out today’s deal on Roborock’s S8 MaxV Ultra. It’ll take care of the vacuuming and mopping for you so you can reclaim your free time, and is currently available at an all-time low price of $999.99 ($800 …
Read More »The next Lord of the Rings movie debuts in December 2027
The Lord of the Rings: The Hunt for Gollum, the new LOTR movie that will feature Andy Serkis as both its star and director, will premiere in theaters on December 17th, 2027, Deadline reports. Peter Jackson, Fran Walsh, and Philippa Boyens, who were all key to the original film trilogy …
Read More »1.7 billion passwords leaked on dark web and why yours is at risk
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Read More »Reuters President Paul Bascobert on distribution, press freedom, and the value of facts
Today, I’m talking with Paul Bascobert, who is the president of Reuters, the news and information service you have undoubtedly heard of. This is part of a special Thursday series we’re running this month to explore how leaders at some of the world’s biggest companies make decisions in such a …
Read More »New surgeon general nominee cofounded a16z backed health app with DOGE operative
Before she was chosen as Donald Trump’s latest nominee for Surgeon General, Dr. Casey Means came from the world of healthcare startups – and cofounded one with a tech entrepreneur who’s now a key DOGE operative in charge of dismantling the IRS. In 2019, Means, a holistic medicine doctor who …
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