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Why is Bitcoin’s price down to two-month lows?

Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across ...

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Facebook nabs Google’s AR product director

Facebook has stolen away Google’s director of Product for AR Nikhil Chandhok, who will be joining FB to lead product management of the Camera team working on augmented reality. Chandhok worked on Google’s ARCore smartphone augmented reality platform as well as its Daydream VR platform in his position there. Previously, ...

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Ubiquitous AR to dominate focused VR by 2022

Tim Merel is managing director of Digi-Capital. More posts by this contributor: AR (mobile AR, smartglasses) could approach three and a half billion installed base and $85 billion to $90 billion revenue within five years. At the same time, VR (mobile, standalone, console, PC) might deliver 50 million to 60 million ...

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Snapchat VP of Product Tom Conrad will disappear from tech

One of Snap CEO Evan Spiegel’s top lieutenants Tom Conrad will leave Snapchat, and the whole tech industry, in March. Coming roughly two years after he joined the company as VP of Product, a source tipped off TechCrunch to Conrad’s impending departure, which Snap now confirms to us. Snap’s director ...

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Facebook acquires biometric ID verification startup Confirm.io

Facebook has confirmed to TechCrunch that it’s acquired…Confirm.io. The startup offered an API that let other companies quickly verify someone’s government issued identification card like a driver’s license was authentic. The Boston-based startup will shut down as both its team and technology are rolled into Facebook, where it could help ...

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Netflix is now worth more than $100B

Netflix crossed a fun milestone today, crossing the $100 billion mark for its market cap as it once again surprised industry observers with better-than-expected growth in its subscribers. We’ll get to the financial numbers in a minute but, as usual, the big story here is that it continues to wow Wall ...

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Apple’s MacBook Air turns 10

Ten years ago today, Steve Jobs triumphantly held up a manilla interoffice mail envelope to a round of applause at the Moscone Convention Center in San Francisco. It was a silly gimmick, but it got the point across. A year after introducing the Macworld crowd to the iPhone, the company ...

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