Browser plug-in "Trive" is using the power of blockchain to combat fake news. The company's founder and CEO David Mondrus explains how he is leveraging this technology, and his outlook on the cryptocurrency market.
"We have fact-checkers on the net," says Mondrus. Trive crowdsources the verification of news through blockchain technology.
One analyst argues if Bitcoin does rebound above $12,500 soon the bubble will burst. "Prices are psychological," says Mondrus. "But the real answer to why Bitcoin fell 30 percent in the last several days is simple. It's the Chinese New Year." Mondrus argues he's seen this pattern repeat in past years.
The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose smart devices that are less vulnerable to hacking.
Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue plus heavy debt load.”
A First Amendment group sued Texas Governor Greg Abbott and others on Thursday over the state’s TikTok ban on official devices, arguing the prohibition – which extends to public universities – is unconstitutional and impedes academic freedom.