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‘The Economist’ Sells ‘DeFi Rabbit Hole’ NFT for $419,000 Worth of ETH

The Economist has sold its one-of-one DeFi Rabbit Hole NFT of its September 18 magazine cover titled “Down the rabbit hole: The promise and perils of decentralized finance” for 99.9 ETH, which was approximately $419,000 USD at the time of sale. The magazine cover image is an adaptation of illustrator Sir John Tenniel’s original Alice in Wonderland drawing, revised by digital artist Justin Metz. The offering is the 178-year-old publication’s first NFT sale, which entailed a 24-hour online auction that saw intense bidding. The Economist is now the latest legacy print publication to enter into the world of NFTs, joining The New York Times, which recently sold an NFT of a column for $562,000 USD, and TIME, which has a collaborative collection with Cool Cats among many other NFT ventures. “We h...

Adobe Takes Photoshop and Illustrator to the Browser

Limited web versions of Adobe Photoshop and Illustrator apps were recently revealed at the Adobe MAX 2021 event. While complex tasks will still need to be done on its apps, the browser version allows for basic edits such as crop, select, color correction, and insert text. More importantly, collaborators are now able to review and add comments directly through the browser without having to download any apps or have Creative Cloud subscriptions. The update removes friction from the creator side as they no longer have to create multiple versions of PDF/JPG drafts to hand to clients and collaborators, as well as the client-side which can now easily access the imagery to offer quick feedback in which revisions can be seen directly on the browser display. Other collaborative updates currently be...

Texas Chainsaw Massacre Franchise Debuts Leatherface NFT Project

Iconic horror franchise Texas Chainsaw Massacre has launched its debut “Leatherfaces” NFT on the Ethereum blockchain. The project illustrations are designed by Skinner in partnership with Ultra Rare to reveal a total of 10,666 Leatherface avatars. The collection gives fans access to a Texas Chainsaw Massacre metaverse unlike any that has been seen before. Members of the blockchain community will be given exclusive perks and utilities such as entry to official film community events, rare film memorabilia, screenings with the original creator and officially licensed merchandise and experiences. Kim Henkel, creator of Texas Chainsaw Massacre said, “With our first NFT drop we continue to expand upon a tradition of rewarding the Chainsaw community – a community that’s driven by its intensely lo...

Robinhood Sees Crypto Trading Revenue Drop From $233 Million USD to $51 Million USD

Trading platform Robinhood has been hit with a significant decline in revenue over the last quarter, largely attributed to a plummet in cryptocurrency trading volume. According to new reports, the company brought in $365 million USD over the third quarter of 2021, coming significantly short of the expected $431.5 million USD. The figures represent a 36% drop in average revenue per user down to $65 USD from $102 USD, with revenues from cryptocurrency trading being affected the most, seeing a plummet from $233 million USD during the second quarter to just $51 million USD over the last three months. The company explained that the large contrast in crypto results over these two quarters can be explained by an anomalous surge in the interest in Dogecoin earlier, a phenomenon that was not repeat...

Microsoft’s Fiscal Q1 Results Sees Fastest Growth In Three Years

The tech industry continues to power on as Microsoft records the fastest growth it has seen since 2018 in this year’s fiscal first quarter. According to reports, the company brought in revenues of $45.32 billion USD over the last three months, marking an increase of 22% year over year and the best results it has seen in the past three years. Earnings per share come in at $2.27 USD, surpassing the analyst-expected $2.07 USD. Its net income also rose by a whopping 48%, reaching $20.5 billion USD. Across the business, Microsoft’s Intelligent Cloud division performed particularly well, growing 31% year over year to rake in $16.96 billion USD. Within that department, the company’s Azure and other cloud services grew by 50%, higher than Microsoft’s own predictions. The Productivity and Business ...

Cowboy Bebop’s first proper trailer has slick noir action and an adorable corgi

The official trailer for Netflix’s live-action Cowboy Bebop series is finally here. Released during a live countdown event featuring appearances from stars John Cho, Daniella Pineda, and Mustafa Shakir, the trailer is another peek into what we can expect from the highly anticipated adaptation of the legendary anime series. The trailer starts with John Cho as Spike Spiegel standing on the deck of the eponymous Bebop as we hear him talking to his old friend Anna about what he’s up to these days. We’re treated to scenes of Spike’s old life as a mobster, his new partner Jet, and a moody shot of a reflection in a puddle that should send Bebop fans into a frenzy. The Cowboy Bebop trailer features the same highly-stylized action Netflix showed off in a teaser video last week with more scenes that...

AT&T 5G Plus expansion plan highlights how much its mid-band coverage trails T-Mobile

AT&T’s new 5G Plus expansion gives T-Mobile the perfect “I told you so” moment. AT&T currently offers two “flavors” of 5G: 5G Plus over the high-band mmWave spectrum and regular 5G, which is comparable to 4G LTE. Now, a blog post details AT&T’s plan to roll the mid-band spectrum it owns into 5G Plus, conflating its fastest but hard-to-find 5G with a new variant that has a better chance of both range and speed — the kind of 5G that T-Mobile has been focused on from the beginning. Former T-Mobile CEO John Legere slammed AT&T for not having a mid-band spectrum in 2019, stating that 5G needs a low-band, mid-band, and high-band spectrum to work efficiently. This is because that high-band mmWave 5G offers the fastest speeds over shorter distances, making it best for highly concen...

Theranos FOMO kept the DeVos family from doing its investment homework

Theranos said a lot of things to Lisa Peterson that made the company seem credible when she evaluated it on behalf of the crazy-wealthy DeVos family. One of the things that stood out as a reason to trust Theranos and Elizabeth Holmes? Its devices didn’t need FDA approval. That made it seem more credible that the machines worked, said Peterson, who works on investments for the DeVos clan (including former secretary of education Betsy DeVos), and who testified today during US v. Elizabeth Holmes. The DeVos’ approach to Theranos seemed to be more about shiny things and FOMO Okay, some background: it’s true that Theranos didn’t need FDA approval to start using its tests and devices. That’s because they were considered “lab-developed tests” — a category of tests developed and used within a sing...

The Pixel 6 and Pixel 6 Pro will arrive with a day-one update

Assuming you managed to order a Pixel 6 or Pixel 6 Pro, then you should know that once the phone is in your possession, you’ll need a little extra time to get everything set up and working. That’s because, as a post on the Google support forums points out (via 9to5Google), there is a software update to install. The post indicates you’ll need it to get all of the features, although it’s unclear what would be missing if you simply started using the phone without it other than the November security update. According to Google, the build number is the same for both phones, and it should display SD1A.210817.036 or SD1A.210817.036.A8 for Verizon customers. If your phone arrives early, then the update might not available at first. According to our team, all the review units are running the same b...

Google’s Parent Company Alphabet Trumps Expectations by Bringing In $65 Billion USD in Q3 2021

Google’s parent company Alphabet has followed up its immense growth in the second quarter of this year with yet another quarter of exceptional financial results. Beating Wall Street expectations almost across the board, the tech giant saw revenues of $65.12 billion USD over the past three months, with earnings per share at $27.99 USD. Advertising, in general, performed particularly well, seeing a 43% increase to $53.13 billion USD from $37.1 billion USD the same period last year, $7.20 billion USD of which came from YouTube ad revenue alone. Google’s cloud division also saw immense growth, recording a 45% climb to now $4.99 billion USD while narrowing operating loss down from $1.21 billion USD to $644 million USD. Despite great results, Google’s chief business officer Philipp Schindler als...

Instagram Is Now Letting Everyone Share Links in Their Stories

Instagram is now allowing everyone to share links on their Instagram Stories, a feature that was previously limited to accounts that were either verified or had a certain number of followers. In its announcement, Instagram cited how it had witnessed how impactful link sharing could be when used to distribute educational resources about issues of social justice and mental well-being. Access to link sharing could also help grow small creators and businesses, who use the feature to showcase their products. “We made this decision based on feedback we heard from the community about how impactful it would be for accounts of all sizes to benefit from link sharing to engage with their followers,” the company said. To use the newly-expanded features, users simply add the link sticker — located in t...

Tesla May Soon Accept Bitcoin As Payment Again

Tesla may soon start accepting Bitcoin as payment, according to a recent filing with the U.S. Securities and Exchange Commission. According to the document, filed in relation to the company’s recent earnings report, Tesla detailed their holding of $1.5 billion USD in Bitcoin and said it might consider accepting cryptocurrency as payment. “We may in the future restart the practice of transacting in cryptocurrencies (“digital assets”) for our products and services,” Tesla wrote. The electric car company previously accepted Bitcoin as payment from March to May of this year before halting the practice. CEO Elon Musk cited concerns about the environmental impact of mining Bitcoin. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal...