Posts by blatcho:

Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX’s Starlink (Eric Berger/Ars Technica)

Eric Berger / Ars Technica: Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, hoping to rival SpaceX’s Starlink  —  The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES.  —  A consortium of nearly every major …

Dune: Ethereum’s median average transaction fee jumped to ~87 gwei on May 2, the highest level since May 2022, mostly due to memecoin trading exploding again (Adam Morgan McCarthy/The Block)

Adam Morgan McCarthy / The Block: Dune: Ethereum’s median average transaction fee jumped to ~87 gwei on May 2, the highest level since May 2022, mostly due to memecoin trading exploding again  —  – Average transaction fees on the Ethereum network reached highs last seen in May 2022 this week.

Demystifying startup life

Plenty of students are interested in entrepreneurship at MIT. But there aren’t a lot of opportunities to work at startups because of their small size and limited resources. That can make startups feel like a black box to students unsure if they would like the environment. Since 2016, the Martin Trust Center for MIT Entrepreneurship […]

A judge sentences ex-Uber CSO Joe Sullivan to three years of probation; he was convicted in October 2022 for not disclosing a 2016 data breach to regulators (Joseph Menn/Washington Post)

Joseph Menn / Washington Post: A judge sentences ex-Uber CSO Joe Sullivan to three years of probation; he was convicted in October 2022 for not disclosing a 2016 data breach to regulators  —  The first corporate executive convicted of a crime related to a data breach by outsiders is sentenced to probation and fined

Apple’s Q2 revenue rose 15.3% YoY in Asia-Pacific, business in India grew by “very strong double digits”, but sales fell 2.9% in Greater China and 7.1% in Japan (Yifan Yu/Nikkei Asia)

Yifan Yu / Nikkei Asia: Apple’s Q2 revenue rose 15.3% YoY in Asia-Pacific, business in India grew by “very strong double digits”, but sales fell 2.9% in Greater China and 7.1% in Japan  —  iPhone maker logs double-digit growth in India, says market at ‘tipping point’  —  Asia-Pacific, outside of Japan …

Tim Cook says Apple views AI as “huge” but there are “a number of issues that need to be sorted”, and doesn’t expand on how it plans to use AI in its products (Ina Fried/Axios)

Ina Fried / Axios: Tim Cook says Apple views AI as “huge” but there are “a number of issues that need to be sorted”, and doesn’t expand on how it plans to use AI in its products  —  Tim Cook said Thursday that AI is “huge” but cautioned that there are “a number of issues […]

A Finder.com experiment using ChatGPT to pick 38 stocks finds the portfolio rose 4.9% compared to an average 0.8% loss for 10 popular funds over eight weeks (Alf Wilkinson/Financial Times)

Alf Wilkinson / Financial Times: A Finder.com experiment using ChatGPT to pick 38 stocks finds the portfolio rose 4.9% compared to an average 0.8% loss for 10 popular funds over eight weeks  —  Theoretical fund of 38 stocks do better than 10 most popular funds on Interactive Investor, finds finder.com  —  Latest news on ETFs

Shopify reports Q1 revenue up 25% YoY to $1.5B, above $1.43B analyst estimates, GMV up 15% to $49.6B, and plans to cut 20% of its staff; SHOP jumps 14%+ (Ilya Banares/Bloomberg)

Ilya Banares / Bloomberg: Shopify reports Q1 revenue up 25% YoY to $1.5B, above $1.43B analyst estimates, GMV up 15% to $49.6B, and plans to cut 20% of its staff; SHOP jumps 14%+  —  Shopify Inc. cut jobs for the second time in less than a year and agreed to sell the majority of its […]

Shopify offloads its logistics unit to supply chain tech company Flexport, a reversal after years of building the operation and acquiring Deliverr for $2.1B (Annie Palmer/CNBC)

Annie Palmer / CNBC: Shopify offloads its logistics unit to supply chain tech company Flexport, a reversal after years of building the operation and acquiring Deliverr for $2.1B  —  – Shopify is selling its logistics unit to supply chain technology company Flexport.  — The Canadian e-commerce company …

FTC’s Lina Khan calls for regulating AI, saying the tech could fuel market dominance and collusion by large firms, increase fraud and discrimination, and more (Lina M. Khan/New York Times)

Lina M. Khan / New York Times: FTC’s Lina Khan calls for regulating AI, saying the tech could fuel market dominance and collusion by large firms, increase fraud and discrimination, and more  —  It’s both exciting and unsettling to have a realistic conversation with a computer.  Thanks to the rapid advance …

Striking Hollywood writers have two main AI worries: their work being used as training data and being tasked with just fixing AI-generated “sloppy first drafts” (Benj Edwards/Ars Technica)

Benj Edwards / Ars Technica: Striking Hollywood writers have two main AI worries: their work being used as training data and being tasked with just fixing AI-generated “sloppy first drafts”  —  WGA writers don’t want to train AI or clean up AI-generated “sloppy first drafts.”

A jury convicts former OpenSea product manager Nathaniel Chastain of insider trading, making $50K+ by buying and selling NFTs he featured on OpenSea’s homepage (Luc Cohen/Reuters)

Luc Cohen / Reuters: A jury convicts former OpenSea product manager Nathaniel Chastain of insider trading, making $50K+ by buying and selling NFTs he featured on OpenSea’s homepage  —  A former product manager at OpenSea, the world’s largest marketplace for non-fungible tokens (NFTs), was convicted on Wednesday …

Bluesky, which has ~55,000 users, feels absolutely wild, highlighted by the CEO pleading to stop “skeets” and increasingly weird struggles over norms and vibes (Sarah Jeong/The Verge)

Sarah Jeong / The Verge: Bluesky, which has ~55,000 users, feels absolutely wild, highlighted by the CEO pleading to stop “skeets” and increasingly weird struggles over norms and vibes  —  Early last week, barely anyone had heard of Bluesky.  On Wednesday, it was just one of many alternatives vying …

Geoffrey Hinton should have spoken up years ago when others like Timnit Gebru were criticizing Google over LLMs; hopefully Hinton spurs others to speak up now (Parmy Olson/Bloomberg)

Parmy Olson / Bloomberg: Geoffrey Hinton should have spoken up years ago when others like Timnit Gebru were criticizing Google over LLMs; hopefully Hinton spurs others to speak up now  —  It is hard not to be worried when the so-called godfather of artificial intelligence, Geoffrey Hinton, says he is leaving Google and regrets his […]

A guide to how quantum computing, qubits, and “quantum algorithms” work, the biggest challenges, government involvement, and potential for hacking, or “Q-day” (Financial Times)

Financial Times: A guide to how quantum computing, qubits, and “quantum algorithms” work, the biggest challenges, government involvement, and potential for hacking, or “Q-day”  —  The next generation of quantum computers will open a new world of possibilities, but also pose enormous risks to our online security

The EU’s Digital Markets Act becomes applicable today, after entering into force in November 2022; enforcement on gatekeepers is not expected until spring 2024 (Natasha Lomas/TechCrunch)

Natasha Lomas / TechCrunch: The EU’s Digital Markets Act becomes applicable today, after entering into force in November 2022; enforcement on gatekeepers is not expected until spring 2024  —  GAFAM giants will have marked their calendars today as the Digital Markets Act (DMA), the European Union’s plan to curb …

Q&A with Nick Denton, Jonah Peretti, and also Ben Smith, whose book Traffic details the rise and fall of BuzzFeed and Gawker, on digital media and its reckoning (Peter Kafka/Vox)

Peter Kafka / Vox: Q&A with Nick Denton, Jonah Peretti, and also Ben Smith, whose book Traffic details the rise and fall of BuzzFeed and Gawker, on digital media and its reckoning  —  A conversation with two media pioneers — plus Ben Smith, whose new book chronicles their rise and fall.

Roku introduces new ad products, including use of contextual AI for automatically running ads next to relevant moments in shows and movies on The Roku Channel (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Roku introduces new ad products, including use of contextual AI for automatically running ads next to relevant moments in shows and movies on The Roku Channel  —  In Roku’s recent quarter, the company posted better-than-expected revenue of $741 million, but worried investors with its warning …