Fast company - tech

Crypto’s bloodbath proves why Bitcoin is not ‘digital gold’

The sell-off in cryptocurrencies over the past few weeks has gotten so bad that calling it a mere “crash” apparently doesn’t quite cut it anymore. Instead, as the CEO of cryptoexchange Binance

How John Oliver helped take the issue of tech antitrust into the mainstream

The tech antitrust debate in Washington, D.C., is coming to a head, with Senate leadership likely to bring new antitrust legislation to a full floor debate as soon as this month. At issue are a pair of bills cosponsored and championed by Senator Amy Klobuchar, a Minnesota Democrat: the American Innovation and Choice Online Act, whic

NASA watchdog says the outlook isn’t good for its mega-moon rocket launcher

The NASA Office of Inspector General (OIG) published its report on the agency’s management of a second mobile launch tower for the space launch system (SLS) mega-moon rocket—and the forecast isn’t looking good. Right now, the OIG anticipates that the project will cost m

New EU laws requiring Big Tech to scan for child abuse content are technologically unfeasible

The European Commission recently proposed regulations to protect children by requiring tech companies to scan the content in their systems for child sexual abuse material. This is an extraordinarily wide-reaching and ambitious effort that would have broad implications beyond the European Union’s borders, inclu

How Microsoft’s union agreement could shape the rest of the tech industry

The tech industry has not been kind to worker organizing. While federal law grants American employees the right to unionize without retaliation, tech giants and video game studios have established a norm in recent years of fighting back hard—often illegally, federal labor investigators allege—against workers who have attempted to collectivize their workplaces.

That helps explain why even Microsoft is c

How One Direction fangirls made the internet a better place

Journalist Kaitlyn Tiffany was 19 when she first watched 1D: This is Us, a documentary about the British boy band One Direction. Tiffany came away from the viewing unimpressed; the five boys were kind of boring, she thought, and every song sounded the same. 

Yet just a few months later, th

Netflix’s setbacks are the canary in the coal mine for streamers

It was supposed to be a great season for Netflix. Anticipation was building for the May 27th season four release of their long-running hit, Stranger Things. Instead, ten days earlier, the company announced significant

This AI can produce stunning images with just a few words of description, but is it art?

A picture may be worth a thousand words, but thanks to an artificial intelligence program called DALL-E 2, you can have a professional-looking image with far fewer.

DALL-E 2 is a new neural network algorithm that creates a picture from

10 years after its demise, a requiem for the Microsoft Zune, the little gadget that couldn’t

Though it’s largely been lost to the fog of history, the inaugural scandal of Barack Obama’s presidency centered not on civilian-drone casualties or the bailout of a slumping economy, but on the incoming commander-in-chief’s Microsoft Zune.

The transgression came in late 2008, just after his election, while his transition team was busy readying the White House and the nation for the promise of h

Tech layoffs accelerate in June, with more than 7,000 losing their jobs so far

Last month’s stock market volatility is looking like the calm before the storm. The NASDAQ has fallen more than 7% in the past month—and year to date, it’s down 32%.

The decline in the tech-heavy stock index is a barometer of the tech sector, meaning the unbridled growth of the past few years is contracting sharply as well. That’s been accompanied by


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