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Showing posts from October 20, 2023

Roblox to End Remote Work Policies; Metaverse and Digital Workspaces ‘Still Not There’

Roblox, a metaverse gaming company, has recently announced the end of its remote work policies, calling all but a few workers to work from its headquarters in San Mateo, California. Roblox founder and CEO David Baszucki stated that the metaverse and digital workspaces were still not as “engaging, collaborative, and productive as physical spaces.” Roblox Recalls Its Workers to Headquarters, Ends Remote Work Policies Roblox, a gaming and metaverse company, has recently recalled its workers, requesting they work from its headquarters. The company, which had turned into a remote workforce in March 2020 amid the coronavirus pandemic, has required all but a few of its workers to be present in office on a three-day schedule (Tues.-Thurs.) or take a severance package. David Baszucki, founder and CEO of Roblox, said these new policies will begin being applied by July 2024, when all employees called for relocation will start in-office work. Roblox is giving remote employees until January 16...

Crypto Exchange Coinbase Chooses Ireland as EU MiCA Hub

U.S. cryptocurrency exchange Coinbase has selected Ireland as the main regulatory hub for its operations across the European Union. The company hopes to obtain a license in Ireland that will allow it to provide services in EU member states under the pan-European Markets in Crypto Assets (MiCA) law. Coinbase Bets on EU Growth Amid Regulatory Uncertainty and Pressure in US America’s leading crypto exchange, Coinbase, announced it has chosen Ireland as its “MiCA hub” in the European Union. The trading platform said the decision is part of the realization of the second phase of its “Go Broad, Go Deep” strategy for international expansion . Coinbase currently holds an e-money institution license and a virtual asset service provider (VASP) registration in Ireland as well as licenses and registrations in other EU countries. It has also applied for a MiCA license with the Central Bank of Ireland. When it’s granted, the latter will permit the exchange to offer its services across the Unio...

Americans Have Their Say in Constitution for AI

Anthropic has acquired the views of a group of American citizens on the fundamental principles that should govern artificial intelligence (AI). The gathered opinions have formed the basis of a “constitution for AI” as part of an attempt to explore how democratic processes can influence the technology’s development. Anthropic Prepares Constitution for AI Using Public Input AI startup Anthropic, the creator of the Claude chatbot , has secured the help of around 1,000 Americans to draft a constitution for an AI system. The initiative is a joint effort with the Collective Intelligence Project ( CIP ), a non-profit organization that seeks to “direct technological development towards the collective good.” Claude currently relies on a constitution curated by Anthropic employees using Constitutional AI (CAI), a method developed by the company to make general-purpose large language models (LLMs) abide by high-level normative principles. Anthropic’s constitution has been inspired by document...

Binance to Sunset Visa Crypto Card as 2023 Sees Decline in Digital Debit Cards

Several reports have revealed that Binance, which is recognized as the leading crypto exchange by trading volume, intends to discontinue its Visa crypto card on December 20, 2023. The enterprise emphasized that only a “small number of Binance users” would be affected by this development. Binance to Discontinue Visa Offering by Year’s End In 2023, crypto debit cards have been falling out of favor rapidly, triggered in part by a series of bankruptcies that ignited a crypto bear market. Back in March, Bitpay in the U.S. phased out its prepaid Mastercard program, although it assured users of a renewed card service on the horizon. However, this week, holders of the Binance Visa card were informed via email that the card would cease to be functional by the close of the year. The email communicated that the Binance Visa card would become non-operational post-December 20, 2023. The Binance Visa, which was available to users in Europe, was utilized by individuals across various countries ...
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