From the archive
New York will instate a two-year moratorium on new fossil fuel-powered cryptocurrency mining operations as the state works to balance its economic development and climate goals, Politico reported. According to Politico, Governor Kathy Hochul on Tuesday signed the controversial measure into law that would create the first-in-the-nation temporary pause on new permits for fossil fuel power plants that house proof-of-work
The New York Times reported that Mr. Musk has embarked on an enormous cost-cutting campaign since closing his $44 billion acquisition of Twitter. He initially slashed half of the company’s 7,500-person work force, fired workers, and continued with layoffs as recently as Monday. But he has also conducted a sweeping examination of all types of other costs at the company,
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CBS News is halting its activity on Twitter over Elon Musk’s turbulent and potentially devastating moves following his takeover of the company, Variety reported. “In light of the uncertainty around Twitter and out of an abundance of caution, CBS News is pausing its activity on the social media site as it continues to monitor the platform,” Johnathan Vigliotti, CBS News
Activision Blizzard and Riot Games at one point told Google they might launch their own mobile app stores, according to new documents filed in Epic’s antitrust lawsuit against the search giant. The details came to light as part of allegations about major deals signed with the two companies. The Verge reported that Google allegedly agreed to pay Activision about $360
Elon Musk said he would reinstate Donald Trump’s account on Twitter Inc. after polling users on the platform, broadening the former president’s potential reach days after he declared another run for the White House, The Wall Street Journal reported. The move also underscored how Mr. Musk has made himself the principal decider on all things Twitter after buying the platform
Facebook quietly announced it will remove several categories of information from user profiles, including religious views, political views, addresses and the “Interested in” field, which indicates sexual preference. The change goes into effect on December 1, Gizmodo reported. “As part of our efforts to make Facebook easier to navigate and use, we’re removing a handful of profile fields: Interested In,