Happy Wednesday, Austin! You only have to make it a few more days before holiday break. You can do it! Here are a few tech stories we’re following this morning:
Trouble at Coinbase over Bitcoin volatility
TechCrunch reports this morning that problems with Coinbase’s just-introduced support for Bitcoin Cash was glitchy as for an hour or so, prices for the cryptocurrency were shown on Coinbase and GDAX to be $8,500, about three times higher than it was trading on other exchanges. Trading was halted on Coinbase and now there’s debate on whether the $8,500 price was just a glitch or somehow accurate. TechCrunch is continuing to update the story as more details come out on what happened.
Uber has another setback in Europe
England and Europe in general have been a big battleground for Uber of late. It faced a major setback this morning when the European Court of Justice “found that Uber operates more like a transportation service than an online platform that matches passengers with drivers,” said the New York Times. That means legally it will be treated like a taxi service, according to the highest court in Europe, and subject to more regulations.
‘HQ Trivia’ founders may have burned some funding bridges
The founders of “HQ Trivia,” a very popular new trivia game app and platform and former founders of “Vine,” may be having trouble getting the kind of funding that you’d think a white-hot new phenomenon would be due. But according to Recode, there may be issues with the way co-founder Colin Kroll managed people while at Twitter, which acquired Vine, and with Kroll’s behavior toward women at work, which is extremely problematic at this moment in history. Recode says that at least three potential investors decided against investing in “HQ” due to these red flags.
Audio-animatronic Trump is a thing!
Disney’s Hall of Presidents has added an animatronic Donald J. Trump. Want to see it speak?
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