Monthly Archives: July 2022

Minecraft blocks the blockchain from its block game

Enlarge / Crypto projects built on top of Minecraft, like NFT Worlds, have been left scrambling by Mojang’s decision. (credit: NFT Worlds) Minecraft will continue to be about blocks and not about the blockchain. That’s according to a new official blog post from Microsoft subsidiary Mojang stressing that “integrations of NFTs with Minecraft are generally…

Whatnot’s valuation doubles to $3.7B as livestream shopping gains popularity in US

Livestream shopping in the United States has a ways to go to catch up with China’s booming $600 billion industry, but Whatnot’s new $260 million Series D round shows that shoppers stateside are increasingly embracing this way of buying and selling items. The new investment was co-led by DST Global and returning investor CapitalG, and…

The US bus driver shortage is ‘throwing transit systems into crisis’ as big cities struggle to find public transportation hires

Bus driver Felix Martinez drives route 73 on Wadsworth Boulevard in Lakewood, Colorado in December. Martinez has been RTD bus driver for 18 years. Hyoung Chang/MediaNews Group/The Denver Post via Getty Images A rise in retirement among city bus drivers is “throwing transit systems into crisis,” according to a new report.  At the same time,…

Investors betting against Tesla could be headed for ‘short squeeze hell’ after the EV maker’s 2nd-quarter earnings

Elon Musk. Andrew Kelly/Reuters Tesla is the most shorted stock in the world, and investors betting against the EV maker lost $1 billion on Thursday, according to S3 Partners.The short-selling research firm said “short squeeze hell” could be imminent as some investors cover their losing bets by buying Tesla to close. Tesla stock jumped 10% on…