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The Great Xbox Reset | CEO Asha Sharma Slashes 3,200 Jobs
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OUSD Stablecoin Launch | Open Standard vs Circle 2026
Open Standard, led by Zach Abrams, launched Open USD (OUSD) on June 30, 2026, backed by a 140-firm consortium of Visa, Mastercard, Stripe, Coinbase, Google, and BlackRock. The zero-fee, yield-sharing model sent Circle stock down 17.5% as Wall Street repriced stablecoin issuer margins.
Native Markets USDH | Hyperliquid Native Stablecoin 2026
Native Markets won Hyperliquid's on-chain validator vote, deploying USDH with BlackRock-managed reserves and JPMorgan custody, ending the chain's $5B+ USDC dependency at zero minting fee.
Coinbase Open USD Backing | Inside the $300B Stablecoin War vs Circle
Coinbase has joined 140 firms including Visa, Stripe, and BlackRock to launch Open USD (OUSD), directly challenging Circle USDC weeks before the August 2026 revenue-share renewal deadline.
Hagens Berman Leads Nationwide Valve Loot Box Class Action | Washington RMLGA Treble Damages
Hagens Berman leads the consolidated In re Valve Loot Box Litigation. Washington's RMLGA treble damages statute and the Steam skin cash-out market are the two legal weapons most likely to break Valve's baseball card defense.
New York AG Sues Valve Over CS2 Loot Boxes | $4.3B Skin Gambling Lawsuit
NY AG Letitia James calls Valve's Counter-Strike skin crate system an illegal slot machine. The $4.3B loot box economy is headed to New York Supreme Court.
Trial Locked | Valve Faces £656M UK Antitrust Class Action Over Steam Pricing
UK's CAT certifies £656M Valve class action targeting Steam price parity rules that allegedly overcharged 14 million UK gamers between 2018 and 2024.
Federal Trial Locked | Valve Fails to Dismiss Wolfire Antitrust Class Action Over Steam 30% Commission
Federal Judge Jamal Whitehead denied Valve's summary judgment motion, sending a class of 32,000 developers to a federal jury trial over Steam's 30% PMFN commission rule.
Instagram Ends Encrypted DMs | Meta Reversal May 2026
Instagram Ends Encrypted DMs | Meta Reversal May 2026
Meta 8,000 Layoffs | Applied AI Draft and $145 Billion Silicon Race
Meta terminates 8,000 employees May 20, 2026 while drafting 1,000 engineers into its Applied AI unit. Q1 revenue hit $56.3B as capex targets $145B.
GitLab Restructuring May 2026 | Workforce Reduction, Flattened Management, 60 Autonomous Teams, Agentic AI Pivot
GitLab Restructuring May 2026 | Workforce Reduction, Flattened Management, 60 Autonomous Teams, Agentic AI Pivot
New Balance Energy Arc | FuelCell SuperComp Technology Guide 2026
New Balance Energy Arc | FuelCell SuperComp Technology Guide 2026
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OzoneNews Editorial Team · Mar 17, 2026
Amazon Launches 1-Hour and 3-Hour Delivery Options Across US Cities
OzoneNews Editorial Team · Mar 17, 2026
BREAKING: Elon Musk Announces Tesla
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87% of AI Agent Pull Requests Introduce Security Flaws, New Report Finds
OzoneNews Editorial Team · Mar 12, 2026
Tenstorrent Disrupts AI Workstation Market with $9,999 RISC-V
OzoneNews Editorial Team · Mar 12, 2026
Perplexity Unveils
OzoneNews Editorial Team · Mar 12, 2026
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