Tech Brew Ride Home Thu. 06/30 – If Sam Bankman-Fried Is Afraid To Give You Money…
Jun 30, 2022
The crypto crash has led to a drop in graphics card prices, making them more affordable. Meanwhile, layoffs are hitting major players in the tech and Metaverse spaces. Samsung is innovating with new 3-nanometer chips that promise better efficiency. Apple is introducing a feature that allows you to pay for gas directly from your car's dashboard, though the pumping still requires you to exit the vehicle. Plus, there are intriguing tales of cyber threats and the unique rise of roguelike games in the gaming world.
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SBF and Celsius
- Sam Bankman-Fried, CEO of FTX, withdrew from a deal with Celsius after discovering a $2 billion deficit.
- Bankman-Fried's usual strategy involves investing in struggling projects to maintain solvency.
Graphics Card Prices
- The crypto crash makes NVIDIA GeForce 3080 graphics cards more affordable.
- The decreased demand from crypto miners, due to the Ethereum network's shift to proof-of-stake, contributes to this price drop.
Unity Layoffs
- Unity laid off 4% of its workforce two weeks after its CEO denied any layoff plans.
- The company faces attrition, mismanagement, and rapid strategic pivots, according to an inside source.