Posts by blatcho:

a16z, Accel, Bain, Bessemer, Kleiner, and, sources say, Coatue and Tiger are increasingly buying startup shares on the secondary market, often at cheap prices (Bloomberg)

Bloomberg: a16z, Accel, Bain, Bessemer, Kleiner, and, sources say, Coatue and Tiger are increasingly buying startup shares on the secondary market, often at cheap prices  —  It’s a bargain-hunter’s dream, and for sellers it’s sometimes the only good option left.  —  Secondary markets …

Comcast-owned UK broadcaster Sky launches Sky Live, a camera designed to add social, fitness, and gaming features to its smart TVs, for £290 (Jon Porter/The Verge)

Jon Porter / The Verge: Comcast-owned UK broadcaster Sky launches Sky Live, a camera designed to add social, fitness, and gaming features to its smart TVs, for £290  —  Comcast-owned British broadcaster Sky has launched a new camera that’s designed to add more social, fitness, and gaming features to its smart TVs.

A look at TikTok’s effect on small businesses in the US, as the app has become “a billion-person focus group”, disrupting business cycles and corporate R&D (Wall Street Journal)

Wall Street Journal: A look at TikTok’s effect on small businesses in the US, as the app has become “a billion-person focus group”, disrupting business cycles and corporate R&D  —  The social-media giant has become ‘a billion-person focus group,’ disrupting business cycles and upending corporate R&D

NYC-based newsletter platform beehiiv raised a $12.5M Series A led by Lightspeed and says it has 7,500 active newsletters with 350M monthly impressions (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: NYC-based newsletter platform beehiiv raised a $12.5M Series A led by Lightspeed and says it has 7,500 active newsletters with 350M monthly impressions  —  The world took a double take at the potential of newsletters after Substack started to blow up a few years ago.

Apple patches three zero-days in its operating systems, including Operation Triangulation iMessage exploit described by Kaspersky earlier in June (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer: Apple patches three zero-days in its operating systems, including Operation Triangulation iMessage exploit described by Kaspersky earlier in June  —  Apple addressed three new zero-day vulnerabilities exploited in attacks installing Triangulation spyware on iPhones via iMessage zero-click exploits.

Six with MIT ties win 2023 Hertz Foundation Fellowships

The Fannie and John Hertz Foundation has announced that it has awarded graduate fellowships to six students with ties to MIT. These prestigious awards provide each student with five years of doctoral-level research funding (up to a total of $250,000), which gives them flexibility and autonomy to pursue their own research interests, beyond the traditional […]

Charting the future of production

On Tuesday, May 23, the Manufacturing@MIT Working Group hosted its second annual symposium in Wong Auditorium, titled “Charting the Future of Production in a Time of Shifting Globalization.” Speakers covered topics including the history of labor markets, the future of digital production, global supply chains, China’s role, and effective regional initiatives, along with deep dives […]

A look at the vast and mostly hidden “tasker” underclass, including subject-matter experts, hired by companies like Scale AI to annotate data for AI training (Josh Dzieza/The Verge)

Josh Dzieza / The Verge: A look at the vast and mostly hidden “tasker” underclass, including subject-matter experts, hired by companies like Scale AI to annotate data for AI training  —  As the technology becomes ubiquitous, a vast tasker underclass is emerging — and not going anywhere.

In his new book The Coming Wave, DeepMind co-founder Mustafa Suleyman proposes a “modern Turing test” for AI, seeking to find “artificial capable intelligence” (Brad Stone/Bloomberg)

Brad Stone / Bloomberg: In his new book The Coming Wave, DeepMind co-founder Mustafa Suleyman proposes a “modern Turing test” for AI, seeking to find “artificial capable intelligence”  —  A new book floats a provocative idea for testing whether machines are capable of human-like intelligence.

Filing: Embracer paid ~$395M for the rights to Lord of the Rings and The Hobbit in 2022, far below ~$2B estimates; Amazon reportedly paid $250M for TV rights (K.J. Yossman/Variety)

K.J. Yossman / Variety: Filing: Embracer paid ~$395M for the rights to Lord of the Rings and The Hobbit in 2022, far below ~$2B estimates; Amazon reportedly paid $250M for TV rights  —  Embracer Group, the Swedish gaming conglomerate that snapped up the rights to “Lord of the Rings” and “The Hobbit” …

Study: Microtargeting works, just not the way people think

Recent U.S. elections have raised the question of whether “microtargeting,” the use of extensive online data to tailor persuasive messages to voters, has altered the playing field of politics. Now, a newly-published study led by MIT scholars finds that while targeting is effective in some political contexts, the “micro” part of things may not be […]

Charlie Farquhar: Forger of chemical and social bonds

Charlie Farquhar entered college intending to major in history, but quickly pivoted after taking an introductory chemistry course and becoming fascinated by chemistry’s biomedical applications.   “I’m interested in how these small chemicals and molecular interactions can make really large-scale changes in the body,” says Farquhar, noting that the practice of chemistry itself is similar. […]

Letter: Grab CEO tells staff the company plans to cut 1,000 jobs, or 11% of its workforce, citing the need to manage costs and ensure more affordable services (Xinghui Kok/Reuters)

Xinghui Kok / Reuters: Letter: Grab CEO tells staff the company plans to cut 1,000 jobs, or 11% of its workforce, citing the need to manage costs and ensure more affordable services  —  Singapore-based Grab Holdings (GRAB.O), Southeast Asia’s leading ride-hailing and food delivery app, is cutting 1,000 jobs or 11% …

Twitch will require streamers to add new content labels for streams containing sexual themes, graphic violence, drugs use, gambling, or “significant” vulgarity (Taylor Hatmaker/TechCrunch)

Taylor Hatmaker / TechCrunch: Twitch will require streamers to add new content labels for streams containing sexual themes, graphic violence, drugs use, gambling, or “significant” vulgarity  —  Twitch is rethinking the way it flags mature content, swapping its existing toggle for a more granular set of topic-specific labels.

How Big Telecom lobbied US lawmakers to squeeze out new municipal networks, ensuring much of President Biden’s $41.6B broadband funding goes to big corporations (Sean Hollister/The Verge)

Sean Hollister / The Verge: How Big Telecom lobbied US lawmakers to squeeze out new municipal networks, ensuring much of President Biden’s $41.6B broadband funding goes to big corporations  —  President Joe Biden’s internet access plan will hand $41.6 billion to internet service providers.  In many places, that money will get funneled into private hands.

Aviva, Fidelity, and other big institutional investors are increasingly pressuring tech companies to prevent AI misuse, concerned about potential liability (Kenza Bryan/Financial Times)

Kenza Bryan / Financial Times: Aviva, Fidelity, and other big institutional investors are increasingly pressuring tech companies to prevent AI misuse, concerned about potential liability  —  Financial firms worried about liability for human rights issues associated with the burgeoning technology

Source: Spotify plans a more expensive “Supremium” tier with HiFi audio, audiobooks, and more, launching outside the US later in 2023; Premium costs $9.99/month (Ashley Carman/Bloomberg)

Ashley Carman / Bloomberg: Source: Spotify plans a more expensive “Supremium” tier with HiFi audio, audiobooks, and more, launching outside the US later in 2023; Premium costs $9.99/month  —  Spotify Technology SA is planning a more expensive subscription option that’s expected to include high-fidelity audio …

Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades in recent weeks, offering a noncustodial service (Alexander Osipovich/Wall Street Journal)

Alexander Osipovich / Wall Street Journal: Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades in recent weeks, offering a noncustodial service  —  EDX Markets won’t directly handle customers’ digital assets or directly serve individual investors