Winklevoss twins on their bitcoin bet: ‘Money is the oldest social network’

Austin, Texas (CNN)For years, Cameron and Tyler Winklevoss were known for the company they didn’t launch: Facebook. Now, the pair hope to be known for their bet on cryptocurrency, which they liken to a different kind of social network. “Yes, there’s been some ups and downs in between, but overall if you zoom out long enough, the trend is going in the right direction,” Tyler Winklevoss told CNN Business at SXSW in Austin. “The graph is still up and to the right.” Although they wouldn’t discuss their trading behavior or whether they’d sold a major portion of what they own, Tyler Winklevoss confirmed they still have holdings in various cryptos, including bitcoin, ether, bitcoin cash, tezos and filecoin. But he …

Virtual makeovers are better than ever. Beauty companies are trying to cash in

San Francisco (CNN Business)Agustina Sartori might as well be a chameleon. Her lips keep changing color, from matte red to glossy cherry to shimmering peach. Sartori is the founder of GlamST, a startup that Ulta Beauty bought late last year. Now the director of augmented reality innovation at Ulta, her technology helps power the company’s smartphone apps and is a striking example of how far augmented-reality makeup has come. A shakeup for the makeup world Augmented reality, or AR, a tech that overlays virtual images on live video of the real world, has been available in a handful of mobile apps for years — like kids games or an IKEA app that lets you rearrange virtual furniture in your real …

Xbox Live is coming to the Nintendo Switch and more

A Microsoft cybersecurity expert is urging customers to stop using Internet Explorer as a web browser and only default to it as a "compatibility solution."Image: Alexander Hassenstein/Getty Images Believe it or not, there are still people using Internet Explorer — and Microsoft would like them to stop. Microsoft cybersecurity expert Chris Jackson recently published a post on the official Windows IT Pro blog, titled “The perils of using Internet Explorer as your default browser.” Jackson urges users that it’s time to stop using its old web browser, a product Microsoft officially discontinued in 2015. In his post, Jackson explains how Microsoft customers still ask him Internet Explorer related questions for their business. The fact of the matter is that while …

The Wisconsin Foxconn factory won’t be a manufacturing plant after all

Foxconn's Wisconsin "factory" won't actually be a factory.Image: ANDY MANIS/GETTY IMAGES Wow, it’s almost like Trump made a promise the real world can’t support. In 2017, Chinese Apple supplier Foxconn broke ground on a factory in Wisconsin that it said would bring 13,000 manufacturing jobs to the US. President Trump even marked the occasion with a White House ceremony to hail his ability to return blue collar jobs to the midwest. SEE ALSO: Tim Cook just announced $1 billion Apple fund to advance U.S. manufacturing jobs Now, Reuters reports that Foxconn is reconsidering plans for its Wisconsin plant.