Tech Brew Ride Home Fri. 08/16 - Coinbase says all your bitcoin base are belong to us
Aug 16, 2019
Coinbase stirs controversy by claiming ownership of users' Bitcoin wallets after acquiring Xapo Custody. Apple battles Corellium over virtualization rights, raising critical copyright questions. Amazon’s 'Choice' label faces scrutiny as vendors deal with pay-to-play schemes. YouTube introduces policies to protect creators from copyright claims, improving revenue potential. Plus, discussions on aging with science-backed solutions and the complex dynamics of technology and economics in today's world.
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Coinbase's Bitcoin Custody Play
- Coinbase acquired Xapo's custody business, aiming to store more Bitcoin.
- This move diversifies Coinbase's revenue and solidifies its position in the crypto market.
Apple vs. Corellium
- Apple sued Corellium for allegedly replicating iOS and its apps.
- Apple claims Corellium profits from selling security vulnerabilities discovered through its software.
Amazon's Choice Bidding
- Amazon allegedly offered vendors a chance to bid for the "Amazon's Choice" badge in 2017.
- This raises concerns about preferential treatment and pay-to-play schemes on the platform.