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Andrew Yang, Equity, lightphone, noble mobile, Startups, Tech, Tech News, ubi

Why Andrew Yang is building instead of waiting for Washington

Andrew Yang’s 2020 presidential campaign was based on a warning that automation and AI would hollow out the labor market and concentrate wealth in the hands of a few. At the time, ideas like Universal Basic Income felt fringe. Now Dario Amodei, Sam Altman, and Bernie Sanders are all saying versions of the same thing.  An entrepreneur at heart, […]

Entertainment, Gaming, Microsoft, News, Tech, Tech News, Xbox

Xbox warns of a ‘reset’ as it prepares for layoffs

Microsoft’s Xbox division will be hit with significant layoffs next month, according to people familiar with Microsoft’s plans. The company has been preparing for the layoffs internally for weeks, with Xbox CEO Asha Sharma hinting about “making hard choices” last month. Sources suggest the cuts could even involve a studio closure, or changes to the […]

Business, News, Policy, Tech, Tech News

Kalshi adds required employment verification for some prediction market bets

The CFTC is considering its first regulation for prediction markets, as arrests over “insider trading” on everything from military operations to Google Search data continue to stack up. As CoinDesk reports, a notice of proposed rulemaking says “the proposal would establish a structured framework for evaluating whether such contracts involve an activity enumerated in Section […]

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