Global Semiconductor Chip Shortage is Becoming a Crisis

The world’s supply of semiconductor chips has faced shortages due to COVID-19, but things have gotten worse.

PlayStation 5 and Xbox Series X shortages are just the tip of the iceberg. Big phone launches from companies like Apple and Samsung have been postponed, new graphics cards are still hard to find, and all over the world car manufacturers are either scaling back production or piling unfinished cars up in parking lots while they wait for the chips needed to power their software systems.

Darn it, I’m looking forward to the upcoming Nintendo Switch refresh.

Twitter's Jack Dorsey Sells First Tweet as an NFT For U.S.$2.9 Million

Twitter boss Jack Dorsey has sold his first tweet. He did so as an NFT, with the asset earning around U.S.$2.9 million, Reuters reported.

The tweet – “just setting up my twttr” – was Dorsey’s first tweet, made on March 21, 2006. The NFT was sold via auction on a platform called Valuables, which is owned by the U.S.-based company Cent. It was bought using the cryptocurrency Ether, for 1630.5825601 ETH, which was worth $2,915,835.47 at the time of sale, Cameron Hejazi, the CEO and co-founder of Cent confirmed. Cent confirmed the buyer is Sina Estavi. Estavi’s Twitter profile, @sinaEstavi, says he is based in Malaysia and is CEO of the blockchain company Bridge Oracle. Estavi told Reuters he was “thankful” when asked for comment about the purchase.