Bulletins

Facebook CTO Mike Schroepfer is stepping down

Longtime Facebook Chief Technology Officer Mike Schroepfer is stepping down after thirteen years and will be replaced by Andrew Bosworth, another Facebook veteran executive.

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Robinhood says it will roll out its own crypto wallet

Robinhood confirmed Wednesday that it is rolling out its own crypto wallets.

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Tech trade groups sue to block Texas's social media law

Two tech trade groups, NetChoice and CCIA, filed a lawsuit Wednesday to block a Texas law governing social media platforms' ability to moderate content. The law, which Gov. Greg Abbott signed earlier this month, forces tech platforms to carry certain types of speech that they would otherwise prohibit — a violation of the First Amendment, the groups argue.

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Apple blocks Epic from bringing Fortnite back to the App Store

Epic won't be able to bring Fortnite back to the iPhone, even if it agrees to play by Apple's standard developer rules and restrictions, according to Epic CEO Tim Sweeney. The reason: Apple has "exercised its discretion not to reinstate Epic's developer program account at this time," according to an email sent by Apple counsel to Sweeney that the chief executive has since posted to Twitter. And it won't consider a request to do so until the "district court's judgement becomes final and unappealable."

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Gary Gensler just compared stablecoins to 'poker chips'

SEC Chairman Gary Gensler compared stablecoins to casino gambling as his agency ramps up scrutiny of cryptocurrencies.

"These stablecoins are acting almost like poker chips at the casino right now," Gensler said at a Washington Post event Tuesday.

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