
By BY DAVID ALLEN from NYT Arts https://ift.tt/v7Hg83rUN

Andrew Hayward / Decrypt:
NFT marketplace LooksRare, which launched on Jan. 10, had $9.5B+ in trading volume, $8.3B+ of which seems to be users “wash trading” between their own wallets — CryptoSlam says the vast majority of the hot NFT marketplace's sales are illegitimate trades made to manipulate the token rewards model.


Frank Holland / CNBC:
Visa says customers made $2.5B in payments with its crypto-linked cards in its fiscal Q1 of 2022, which was 70% of its crypto volume for all of FY 2021 — - Visa said during its recent earnings call that customers made $2.5 billion in payments with its crypto-linked cards in its fiscal first quarter of 2022.

David Shepardson / Reuters:
A US appeals court upholds California's net neutrality law, saying a 2017 decision by the FCC to reverse federal internet protections could not bar state action — A U.S. Court of Appeals on Friday upheld California's net neutrality law, saying a 2017 decision by the Federal Communications Commission …

Niraj Chokshi / New York Times:
The FAA says it has reached a deal with Verizon and AT&T to let them expand their networks near airports while allowing aircraft to land safely — The federal agency said an agreement with Verizon and AT&T would enable the wireless providers to expand their networks while allowing aircraft to land safely.
Jordan Pearson / VICE:
OpenSea says over 80% of NFTs minted for free on its service are plagiarized works, fake collections, and spam, but reverses decision to limit free NFT creation — After reversing course on a limit to the amount of free NFTs a user can create, OpenSea said the decision was due to the amount of fraud and spam.
Russ Mitchell / Los Angeles Times:
Waymo sues California DMV to keep secret safety details, including descriptions of driverless car crashes, and says the data should be designated a trade secret — Waymo, the driverless car company operating an autonomous taxi fleet in San Francisco, is suing the California Department of Motor Vehicles.
Makena Kelly / The Verge:
The US FCC approves “nutrition labels” forcing ISPs to show prices, speed, and more, plus network management practices like throttling, starting on November 15 — It's part of the Biden administration's plan to boost market competition — Understanding your broadband speeds …

Derrek Lee / Android Central:
Meta rebrands Oculus Quest as Meta Quest, leading to criticism on social media; the rebrand was originally announced in October — “Meta Quest” is just so fetch. — What you need to know — Meta changes the social media accounts of its VR brand to Meta Quest.

Bloomberg:
Swiss bank UBS to acquire robo-adviser Wealthfront, which has 470K+ clients in the US, for $1.4B, as it looks to use AI to pitch services to the world's wealthy — UBS Group AG agreed to buy U.S. robo-adviser Wealthfront for $1.4 billion in cash, as Chief Executive Officer Ralph Hamers tapped …

Tonya Riley / CyberScoop:
ID.me backtracks and says it does in fact use “1:many facial recognition” across large databases, a practice that's more “problematic” than “1:1 face matching” — Identity verification company ID.me uses a type of powerful facial recognition that searches …
Chance Miller / 9to5Mac:
Apple releases iOS 15.3 and macOS Monterey 12.2 with a fix for the IndexedDB API bug in Safari, as well as iPadOS 15.3, watchOS 8.4, tvOS 15.3, and HomePod 15.3 — Apple's latest round of software updates is now rolling out to the public. iOS 15.3 is now available to iPhone users …

Anthony Capaccio / Bloomberg:
Internal Pentagon document: Microsoft's HoloLens-based Army goggles, part of a $22B program started in 2018, are behind schedule and not yet combat ready — Microsoft Corp.'s new multifunction goggle system for the U.S. Army shows promise, but the $22 billion program isn't yet ready for combat deployment …


Brett Howse / AnandTech:
Review of Intel's 12th Gen Alder Lake-H Core i9-12900HK, tested in a 17-inch MSI Raider GE76 laptop: excellent outright performance with poor energy efficiency — At CES this year, Intel officially announced its expanded Alder Lake processor lineup, including the performance-laptop focused H-Series chips …
Bloomberg:
US Commerce Department says the global chip shortage will stretch into at least H2 2022, based on information from 150+ companies in the supply chain — The Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this year …

Dan Muse / VentureBeat:
Chip startup Ceremorphic raises a $50M Series A and unveils QS 1, which is built on TSMC's 5nm node and designed to excel at tasks like AI model training — Today, Ceremorphic, a startup, is coming out of stealth mode with $50 million of series A funding along with the announcement of the QS 1 chip …

Wall Street Journal:
Internal docs: Facebook's low-data service for developing countries, advertised as being free, has regularly led to unexpected charges for users for months — Its program for low-income countries, designed to boost growth outside the U.S., leads to unexpected charges; the company blames software glitches
James Vincent / The Verge:
Meta unveils AI Research SuperCluster, a supercomputer for AI research, claiming it will have 16K GPUs and be the world's fastest upon completion in mid-2022 — Designed to train the next-generation of machine learning systems — Social media conglomerate Meta is the latest tech company to build an …
Mark Gurman / Bloomberg:
Sources: Apple is readying the widest array of new hardware products in its history this fall; Joe Bass, head of software engineering for Apple's car team left — Apple Inc. is nearing its first launch event of the year, with a new iPhone SE and iPad on tap.
Yoolim Lee / Bloomberg : Sources: Seoul-based AI chip designer FuriosaAI seeks to raise a $300M-$500M Series D to fund mass production of...