NBA legend Paul Pierce settles with SEC over allegedly false crypto statements

NBA legend Paul Pierce settles with SEC over allegedly false crypto statements

NBA Hall of Famer Paul “The Truth” Pierce agreed to pay $1.4 million to settle charges from the Securities and Exchange Commission over a cryptocurrency he promoted on Twitter. The SEC charged Pierce with making false and misleading promotional statements about EthereumMax (EMAX) and failing to disclose the $244,000 payment in tokens he received for … Read more

Tencent reportedly abandons VR hardware plans

Tencent reportedly abandons VR hardware plans

Tencent is reportedly bailing on its virtual reality hardware plans. Instead, it advised staff at its XR unit, launched last June to make VR hardware and software in the wake of metaverse hype, to “seek other opportunities.” “Difficulties in achieving quick profitability,” the size of the investment required to make a competitive VR headset and … Read more

FBI says it has ‘contained’ a cybersecurity incident on its network

FBI says it has ‘contained’ a cybersecurity incident on its network

The FBI is dealing with another attack on its digital infrastructure, although the severity isn’t yet clear. The law enforcement agency tellsCNN it has “contained” a recent cybersecurity incident on its network. The bureau isn’t commenting on the perpetrator, scope or damage, but says it’s gathering “additional information.” Sources speaking to CNN claim the intruders … Read more

Withings’ luxury weighing scale is amazing, if inessential

Withings’ luxury weighing scale is amazing, if inessential

I wonder how often technology journalism is aspirational rather than useful, like when you watch car reviewers testing million dollar rides. I comfort myself knowing that while flagship laptops are pricey, there are few gadgets so eye-wateringly expensive that they’re just for one percenters. What then to make of Withings’ newest smart scale, the Body … Read more

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