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Category: Loses

Nomad crypto bridge loses $200 million in ‘chaotic’ hack

After a misconfiguration in its smart contract code, the Nomad cryptocurrency token bridge has been hit by a hack that let a large number of...

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Overwatch League team loses tournament in embarrassingly hilarious way

For the Overwatch League Season 5, the San Francisco Shock and the Los Angeles Gladiators competed in the Midseason Madness tournament, in which the...

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White Houses pushes for chips funding as Intel loses patience

Commerce Secretary Gina Raimondo led a classified briefing with senators stressing the importance of chip funding as a national security concern,...

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Apple’s secretive car project loses yet another top executive

CJ Moore, who headed Tesla’s Autopilot software program before joining Apple’s secretive car project, is leaving for a software gig at lidar...

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Anchor made Spotify the creator platform it is today

Anchor co-founder Michael Mignano will depart Spotify this summer, the company confirmed. He had an undeniable impact on the creator platform it’s...

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Judge’s refusal to let Elon Musk out of his SEC settlement notes the limits of his right to free speech

Elon Musk sued the SEC to get out of a 2018 settlement over an investigation into his tweet about having "funding secured" to take Tesla...

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Deliveries package tracking app loses FedEx access, says blame shipping companies

A popular package tracking app has lost the ability to track FedEx packages. The developer says the company has blocked it from using its API. The...

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UC Berkeley loses CRISPR patent case

The US Patent and Trademark Office ruled that the Broad Institute owns patents for the use of CRISPR in human cells, once again blocking efforts...

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SSD prices could spike after Western Digital loses 6.5 billion gigabytes of NAND chips

Western Digital says it has lost at least 6.5 billion gigabytes of NAND flash storage. A contamination issue at production facilities has resulted in...

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Facebook lost daily users for the first time ever last quarter

A metaverse pivot isn’t going to fix the social network’s problem: declining user and ad growth. Since its inception, Facebook’s user growth...

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Apple Music claims it’s ‘home of Neil Young’ after Spotify loses legendary songwriter

Apple Music has been pushing its love of Neil Young after the legendary songwriter pulled his music from rival Spotify. Young objected to Spotify’s...

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CES 2022 loses Microsoft in Las Vegas over COVID fears

Microsoft is the latest major tech company to pull back from January 2022’s CES conference. The company cited the increasing prevalence of COVID-19...

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CES 2022 loses another key exhibitor as Intel pulls out of in-person show

Intel has announced that it’ll be skipping its planned in-person attendance at CES 2022, citing health concerns as COVID-19 cases continue to spike...

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EV startup Canoo loses chief technology officer and two co-founders

The chief technology officer of California EV startup Canoo is leaving the company, along with two other top executives and co-founders. It’s the...

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YouTube TV loses ESPN, other Disney networks after failing to reach new deal

YouTube TV has failed to reach an eleventh-hour deal with Disney to keep more than a dozen Disney-owned channels on the live TV streaming service....

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As tech founders resign, Congress loses its favorite targets

Twitter founder and CEO Jack Dorsey resigned from the company at a time when calls for regulation are mounting up. Other tech leaders like Amazon’s...

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Google loses key appeal against €2.4 billion EU shopping antitrust case

Google has lost an appeal against a key EU antitrust judgement. The judgement was levied in 2017 and concerned Google’s promotion of its shopping...

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Blue Origin loses lawsuit against federal government over NASA’s human lunar lander contracts

A federal judge has ruled on Blue Origin’s lawsuit against NASA over contract awards for the agency’s human lunar lander program, denying the...

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Foundation’s first season loses itself in its century-spanning story

Foundation is a big, expensive sci-fi epic on Apple TV Plus, but despite a great cast and incredible worldbuilding, it never results in a cohesive...

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ConstitutionDAO loses $43 million auction of rare US Constitution copy

ConstitutionDAO raised $47 million to bid for the rare US Constitution copy but was unable to make a higher bid due to the added cost to...

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As lawsuits pile up, Blizzard loses its chief legal officer

Claire Hart, Blizzard Entertainment’s chief legal officer, left the company, becoming the latest in a string of high-profile departures stemming...

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Lidar maker Velodyne loses its CEO amid internal chaos

Velodyne CEO Anand Gopalan is stepping down amid internal strife at the lidar manufacturer. While the company searches for his replacement, a number...

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Rocket Lab’s Electron rocket suffers failure, loses payload of two satellites

Rocket Lab’s Electron rocket failed to reach orbit after suffering an unexpected engine shutdown mid-flight on on May 15th, the company said....

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Facebook loses bid to block a potentially major change to EU data sharing

Facebook’s complaints about a new potential EU privacy regulation have been dismissed, The Wall Street Journal reports. The new privacy order...

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Samsung loses over $270M from Texas plant shutdown as quarterly profits boom

Shutting down its semiconductor plant in Austin, Texas lost Samsung over 300 billion won (around $270 million), affecting 71,000 chip wafers when it...

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Next week’s Fortnite trial could upend Apple’s App Store model — even if Epic loses

Next week, Apple and Epic Games will appear in court in a potentially landmark antitrust trial over whether Apple acted illegally in banning Fortnite...

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Apple loses early challenge in virtualization copyright claim

In August 2019, Apple sued iOS virtualization provider Corellium for copyright infringement and DMCA violations — but on December 29th, a judge...

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SpaceX loses another Starship prototype in massive explosion

Another SpaceX Starship prototype exploded right after an ignition test at the company’s Boca Chica, Texas facility. It’s the fourth time SpaceX...

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