Posts by blatcho:

PayPal reports Q1 total payment volume up 10% YoY to $354.5B, vs. $349.5B est., net revenue up 9% to $7.04B, and operating income up 41% to $1B; PYPL down 5%+ (Jennifer Surane/Bloomberg)

Jennifer Surane / Bloomberg: PayPal reports Q1 total payment volume up 10% YoY to $354.5B, vs. $349.5B est., net revenue up 9% to $7.04B, and operating income up 41% to $1B; PYPL down 5%+  —  PayPal Holdings Inc. shares slumped after the payments giant warned that its adjusted operating margin won’t grow as quickly …

The answer may be blowing in the wind

Capturing energy from the winds gusting off the coasts of the United States could more than double the nation’s electricity generation. It’s no wonder the Biden administration views this immense, clean-energy resource as central to its ambitious climate goals of 100 percent carbon-emissions-free electricity by 2035 and a net-zero emissions economy by 2050. The White […]

An unprecedented view of gene regulation

Much of the human genome is made of regulatory regions that control which genes are expressed at a given time within a cell. Those regulatory elements can be located near a target gene or up to 2 million base pairs away from the target. To enable those interactions, the genome loops itself in a 3D […]

Coinbase CEO Brian Armstrong says the SEC is on “a lone crusade”, rows back on suggesting the company may relocate from the US, and expresses interest in Dubai (Ryan Browne/CNBC)

Ryan Browne / CNBC: Coinbase CEO Brian Armstrong says the SEC is on “a lone crusade”, rows back on suggesting the company may relocate from the US, and expresses interest in Dubai  —  – The SEC earlier this year served Coinbase with a Wells Notice.  — Brian Armstrong, Coinbase’s CEO …

After China banned crypto in September 2021, FTX’s creditor lists, citizens, and industry insiders suggest Chinese residents continue to trade digital assets (Bloomberg)

Bloomberg: After China banned crypto in September 2021, FTX’s creditor lists, citizens, and industry insiders suggest Chinese residents continue to trade digital assets  —  Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets.

After Arm shunned a London listing in favor of New York, some VCs in the UK blame Brexit and institutional investors, who lack a good understanding of tech (Ryan Browne/CNBC)

Ryan Browne / CNBC: After Arm shunned a London listing in favor of New York, some VCs in the UK blame Brexit and institutional investors, who lack a good understanding of tech  —  – British chip designer Arm recently decided to list in New York, leading to worries that London will miss out on more […]

Source: Volkswagen plans to fire most of the management team at Cariad next week, after the software unit missed its development goals and exceeded its budget (Jan Schwartz/Reuters)

Jan Schwartz / Reuters: Source: Volkswagen plans to fire most of the management team at Cariad next week, after the software unit missed its development goals and exceeded its budget  —  Carmaker Volkswagen (VOWG_p.DE) is set to dismiss all but one of the executive board members at its software division Cariad next week …

Research papers and staff interviews detail the workarounds Chinese companies like Huawei, Baidu, and Alibaba use to develop AI systems without the latest chips (Wall Street Journal)

Wall Street Journal: Research papers and staff interviews detail the workarounds Chinese companies like Huawei, Baidu, and Alibaba use to develop AI systems without the latest chips  —  Research in China on workarounds, such as using software to leverage less powerful chips, is accelerating

Apple says emerging markets like India, where the iPhone has a small market share, are ready to take off, which could add “a lot of switchers” to its ecosystem (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg: Apple says emerging markets like India, where the iPhone has a small market share, are ready to take off, which could add “a lot of switchers” to its ecosystem  —  Apple is turning its attention to emerging markets at a time when growth is slowing at home.

The organizers of DEF CON AI Village, set to run from August 10 to 13 this year, say they will host “thousands” of people to find bugs and biases in LLMs (Jessica Lyons Hardcastle/The Register)

Jessica Lyons Hardcastle / The Register: The organizers of DEF CON AI Village, set to run from August 10 to 13 this year, say they will host “thousands” of people to find bugs and biases in LLMs  —  Can’t wait to see how these AI models hold up against a weekend of red-teaming by infosec’s […]

Q&A with Marissa Mayer on her startup Sunshine that makes an AI-based contacts organizer, what she could have done differently at Yahoo, AI’s future, and more (Patrick Kulp/Emerging Tech Brew)

Patrick Kulp / Emerging Tech Brew: Q&A with Marissa Mayer on her startup Sunshine that makes an AI-based contacts organizer, what she could have done differently at Yahoo, AI’s future, and more  —  The former Yahoo chief says she wishes she had acquired Hulu instead of Tumblr.  —  After a decades-long career …

Pepecoin, a meme coin launched in April, has a $1B+ market cap despite concerns about concentrated ownership; Arkham: a trader turned $263 into $3.8M in profits (Krisztian Sandor/CoinDesk)

Krisztian Sandor / CoinDesk: Pepecoin, a meme coin launched in April, has a $1B+ market cap despite concerns about concentrated ownership; Arkham: a trader turned $263 into $3.8M in profits  —  A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million …

Research pulled Michael McDonald in and it won’t let go

An excellent student in math, science, and computing, Michael McDonald was nonetheless lukewarm about pursuing a career in any of those areas. It wasn’t until he actively engaged in the process of discovery related to astronomy research that he fell in love professionally. “I think I might have become a programmer in an alternate universe, […]

The International Olympic Committee adds Fortnite to its Olympic Esports Series competition, which will also feature Just Dance and Gran Turismo (Tom Phillips/Eurogamer.net)

Tom Phillips / Eurogamer.net: The International Olympic Committee adds Fortnite to its Olympic Esports Series competition, which will also feature Just Dance and Gran Turismo  —  Five years after the IOC criticised shooters.  —  News by Tom Phillips Editor-in-chief  —  Fortnite has been named as a late addition …

Scammers appear to be hacking verified Meta accounts to impersonate the company and run Facebook ads asking users to download shady tools likely with malware (Taylor Hatmaker/TechCrunch)

Taylor Hatmaker / TechCrunch: Scammers appear to be hacking verified Meta accounts to impersonate the company and run Facebook ads asking users to download shady tools likely with malware  —  Sketchy Facebook pages impersonating businesses are nothing new, but a flurry of recent scams is particularly brazen.

An in-depth look at the regulatory risks for OpenAI under GDPR, including questions around future data scraping and handling “right to be forgotten” requests (Jess Weatherbed/The Verge)

Jess Weatherbed / The Verge: An in-depth look at the regulatory risks for OpenAI under GDPR, including questions around future data scraping and handling “right to be forgotten” requests  —  The European Union’s fight with ChatGPT is a glance into what’s to come for AI services.

A journalist recounts discovering that ByteDance surveilled her in 2022 after reporting on TikTok’s staff troubles in London and wonders why she was targeted (Cristina Criddle/Financial Times)

Cristina Criddle / Financial Times: A journalist recounts discovering that ByteDance surveilled her in 2022 after reporting on TikTok’s staff troubles in London and wonders why she was targeted  —  The FT’s Cristina Criddle on discovering she’d been surveilled by the controversial social media company

Q&A with Vint Cerf, chief internet evangelist at Google and recipient of IEEE’s Medal of Honor, on how Google has changed since 2005, the hazards of LLMs, more (Devin Coldewey/TechCrunch)

Devin Coldewey / TechCrunch: Q&A with Vint Cerf, chief internet evangelist at Google and recipient of IEEE’s Medal of Honor, on how Google has changed since 2005, the hazards of LLMs, more  —  “That’s always an exciting place to be — a place where nobody’s ever been before.”  —  Vint Cerf has been a near-constant […]

A profile of Roger Lee, who runs Layoffs.fyi that has catalogued ~450,000 tech job cuts and Comprehensive.io that tracks compensation in tech job postings (Lora Kelley/New York Times)

Lora Kelley / New York Times: A profile of Roger Lee, who runs Layoffs.fyi that has catalogued ~450,000 tech job cuts and Comprehensive.io that tracks compensation in tech job postings  —  Roger Lee has cataloged hundreds of thousands of tech job cuts on his site Layoffs.fyi.  He still believes the industry will “100 percent” bounce […]

In an email to users, Twitter acknowledges a bug that showed some Circle tweets to users outside of the Circle in April 2023 and says the issue has been fixed (Filipe Espósito/9to5Mac)

Filipe Espósito / 9to5Mac: In an email to users, Twitter acknowledges a bug that showed some Circle tweets to users outside of the Circle in April 2023 and says the issue has been fixed  —  Back in April, several Twitter users were affected by a bug that showed private Twitter Circle tweets to random users […]

Brydge, an iPad, Mac, and Surface accessory maker, is shutting down; sources: Brydge has neither paid its staff salaries nor fulfilled orders since January 2023 (Chance Miller/9to5Mac)

Chance Miller / 9to5Mac: Brydge, an iPad, Mac, and Surface accessory maker, is shutting down; sources: Brydge has neither paid its staff salaries nor fulfilled orders since January 2023  —  Brydge, a once thriving startup making popular keyboard accessories for iPad, Mac, and Microsoft Surface products, is ceasing operations.

Amazon is working on AI tools to generate photos and videos for merchants’ ad campaigns on its platform, as the company seeks to build a broader ad business (Theo Wayt/The Information)

Theo Wayt / The Information: Amazon is working on AI tools to generate photos and videos for merchants’ ad campaigns on its platform, as the company seeks to build a broader ad business  —  Amazon is building a team to work on artificial intelligence tools that will generate photos and videos for merchants to use […]