Beef between two high-profile video game industry CEOs has bubbled over into the public domain, via a trailer for new taxi simulation game Rideshare Stimulator.
Footage of the game includes several references to Borderlands boss Randy Pitchford, head of Gearbox Studios, and an embarrassing incident involving a USB stick that contained pornographic material.
And now, those references have been…
With Gears of War: E-Day in the middle of its open beta, players are getting stuck into its PvP, gnashing their way through hordes of enemies while darting about from cover to cover — just as they did in Gears of War back in the day.
And 20 year-old arguments first had on…
Australia’s financial crime regulator has forced 96 Cryptolink crypto ATMs offline for three months after identifying renewed compliance failures. The suspension follows earlier enforcement over transaction reporting and anti-money laundering controls.
Key…
SEC, CFTC Target Goliath Ventures Over $400M Crypto Ponzi
August 12, 2026
Federal regulators have targeted Goliath Ventures over an alleged crypto Ponzi scheme involving more than $400 million. The CFTC cites 1,600 customers, while the SEC alleges at least $425 million was raised from over 1,300 investors.
Key Takeaways
About 1,600 customers contributed at least $397 million.
The SEC alleges at least $425 million was raised from over 1,300 investors.
The CEO already…
What Is FINMA? Why Crypto Firms Keep Flocking to Switzerland
August 12, 2026
Switzerland has turned financial regulation into a competitive machine, pairing the Swiss Financial Market Supervisory Authority, better known as FINMA, with specialized regulatory pathways that have helped make the country one of the world’s premier destinations for…
On Aug. 11, 1960, part of the Discoverer 13 satellite became the first human-made object to be recovered from Earth’s orbit.
The United States Department of Defense launched the mission as part of the C.I.A.’s Corona spy satellite program. They wanted to see if…
SpaceX wants to put 1 million AI satellites in orbit. What would that do to Earth's climate?
August 12, 2026
Concentrations of dangerous pollutants from rocket launches and satellite reentries in Earth’s upper atmosphere might reach treacherous tipping points if constellations of hundreds of thousands of orbiting data centers get deployed in the next decade, experts say.
There’s no question that Earth has an AI data center problem. By 2030, AI data centers may be responsible for up to 17% of…
A spectacular total solar eclipse will coincide with the peak of the Perseid meteor shower on Aug. 12-13. But will you be able to spot shooting stars in the false twilight of totality?
Perseids appear as Earth plows through the stream of debris shed by comet Swift-Tuttle.
General Catalyst leads $1.1B round into 2-month-old River AI
August 12, 2026
River AI, an AI startup founded by xAI co-founder Igor Babuschkin, has secured $1.1 billion in funding in a seed/Series A round led by General Catalyst and AMP PBC, with participation from Nvidia, AMD Ventures, Y Combinator, and Temasek.
(AMP PBC is an AI-focused investment…
An unreleased Anthropic model made progress on one of math’s biggest unsolved problems
August 12, 2026
For more than 150 years, the Riemann hypothesis has stood as one of the major unsolved problems in mathematics, a long-running mystery about the distribution of prime numbers. There is currently a $1 million bounty for a working general proof of the hypothesis, which remains unclaimed.
Contemporary AI models still can’t solve it either – but they can make a lot more progress than you…
