Posts by blatcho:

Amid an AI stocks frenzy, enterprise AI company CXApp’s stock closed at $13.85 on April 14, up from a $1.33 closing on April 11, taking its market cap to ~$164M (Subrat Patnaik/Bloomberg)

Subrat Patnaik / Bloomberg: Amid an AI stocks frenzy, enterprise AI company CXApp’s stock closed at $13.85 on April 14, up from a $1.33 closing on April 11, taking its market cap to ~$164M  —  CXApp Inc. soared 94% on Friday, bringing its rally over the past three days to 941% on the back of […]

Illuminating the money trail

You may not know this, but the U.S. imposes a 12.5 percent import tariff on imported flashlights. However, for a product category the federal government describes as “portable electric lamps designed to function by their own source of energy, other than flashlights,” the import tariff is just 3.5 percent. At a glance, this seems inexplicable. […]

Google rolls out a Chrome security update to patch a zero-day exploited in the wild, a high-severity type confusion weakness in the V8 JavaScript engine (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer: Google rolls out a Chrome security update to patch a zero-day exploited in the wild, a high-severity type confusion weakness in the V8 JavaScript engine  —  Google has released an emergency Chrome security update to address the first zero-day vulnerability exploited in attacks since the start of the year.

The US military, which uses Twitch and Discord for recruitment, struggles with the risks posed by Gen Z service members who live much of their lives online (Drew Harwell/Washington Post)

Drew Harwell / Washington Post: The US military, which uses Twitch and Discord for recruitment, struggles with the risks posed by Gen Z service members who live much of their lives online  —  Defense officials told service members not to ‘post anything in Discord that you wouldn’t want seen by the general public.’ But by […]

Twitter faces a backlash in Brazil after it initially refused government requests to take down posts and profiles suspected of inspiring violence in schools (Bloomberg)

Bloomberg: Twitter faces a backlash in Brazil after it initially refused government requests to take down posts and profiles suspected of inspiring violence in schools  —  Twitter is facing condemnation in Latin America’s largest economy for its laissez-faire approach on content suspected of inspiring violence in schools.

Indian streaming service JioCinema plans to add 100+ films and TV series and charge for content; JioCinema had 22M viewers for an IPL cricket match on April 12 (P R Sanjai/Bloomberg)

P R Sanjai / Bloomberg: Indian streaming service JioCinema plans to add 100+ films and TV series and charge for content; JioCinema had 22M viewers for an IPL cricket match on April 12  —  Billionaire Mukesh Ambani’s streaming service will add more than 100 films and TV series to its platform, building on the popularity […]

A look at OpenAI’s “red team” of 50 academics and experts, hired in 2022 to look for issues such as toxicity, prejudice, and biases in GPT-4 before its release (Madhumita Murgia/Financial Times)

Madhumita Murgia / Financial Times: A look at OpenAI’s “red team” of 50 academics and experts, hired in 2022 to look for issues such as toxicity, prejudice, and biases in GPT-4 before its release  —  Microsoft-backed company asked an eclectic mix of people to ‘adversarially test’ GPT-4, its powerful new language model

Asus unveils ROG Phone 7 with a 6.78-inch AMOLED screen, 16GB RAM, 512GB storage, and clip-on cooling fan, starting at €999 and available for preorder in Europe (Ron Amadeo/Ars Technica)

Ron Amadeo / Ars Technica: Asus unveils ROG Phone 7 with a 6.78-inch AMOLED screen, 16GB RAM, 512GB storage, and clip-on cooling fan, starting at €999 and available for preorder in Europe  —  The clip-on fan interfaces with a trap door that opens up for internal cooling.  —  Some companies may be giving …

Filing: Elon Musk creates X.AI Corp., a privately held AI company incorporated in Nevada, and authorizes the sale of 100M shares (Wall Street Journal)

Wall Street Journal: Filing: Elon Musk creates X.AI Corp., a privately held AI company incorporated in Nevada, and authorizes the sale of 100M shares  —  Name of new Nevada-incorporated organization suggests link to billionaire’s interest in everything app  —  Elon Musk has created a new artificial intelligence …

Montana lawmakers approve a first-of-its-kind bill that bans TikTok and bars app stores from offering the app within the state, starting on January 1, 2024 (Wall Street Journal)

Wall Street Journal: Montana lawmakers approve a first-of-its-kind bill that bans TikTok and bars app stores from offering the app within the state, starting on January 1, 2024  —  Supporters of the first-of-its-kind-bill expect legal challenges if the governor signs the legislation

Sources: Sega is nearing a deal to acquire Rovio for ~$1B; Rovio was in talks to sell to rival Playtika for $800M+, but the negotiations ended in March 2023 (Wall Street Journal)

Wall Street Journal: Sources: Sega is nearing a deal to acquire Rovio for ~$1B; Rovio was in talks to sell to rival Playtika for $800M+, but the negotiations ended in March 2023  —  Japan-based entertainment conglomerate expected to pay about $1 billion for Rovio Entertainment  —  Sega Sammy Holdings Inc. SGAMY …

Intel faces huge challenges in revitalizing its business, meaning a central piece of US industrial policy rests on one of the most complex tech turnarounds ever (Richard Waters/Financial Times)

Richard Waters / Financial Times: Intel faces huge challenges in revitalizing its business, meaning a central piece of US industrial policy rests on one of the most complex tech turnarounds ever  —  Once the leading player in the semiconductor industry, the company is attempting to pull off one of tech’s most complex turnrounds

Denver-based Elevate, which provides a dashboard for managing employee benefits, raised $28M led by Anthemis, bringing its total funding to $43M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Denver-based Elevate, which provides a dashboard for managing employee benefits, raised $28M led by Anthemis, bringing its total funding to $43M  —  Elevate, a consumer benefits administration platform, today announced that it raised $28 million in a funding round led by Anthemis with participation …

Parlement Technologies agrees to sell right-wing social network Parler to Starboard, which will take temporarily shut down Parler ahead of a planned relaunch (Sarah E. Needleman/Wall Street Journal)

Sarah E. Needleman / Wall Street Journal: Parlement Technologies agrees to sell right-wing social network Parler to Starboard, which will take temporarily shut down Parler ahead of a planned relaunch  —  Social network popular with conservatives will be sold for an undisclosed amount and overhauled for a relaunch

WhatsApp rolls out a handful of new verification and protection features, including defenses against SIM jacking and social engineering attacks (Igor Bonifacic/Engadget)

Igor Bonifacic / Engadget: WhatsApp rolls out a handful of new verification and protection features, including defenses against SIM jacking and social engineering attacks  —  WhatsApp has begun rolling out a handful of new security features.  The most notable sees the company doing more to protect users against SIM jacking …

Meta open sources Animated Drawings, an AI project that turns doodles into animations, with a dataset of nearly 180K drawings (Kris Holt/Engadget)

Kris Holt / Engadget: Meta open sources Animated Drawings, an AI project that turns doodles into animations, with a dataset of nearly 180K drawings  —  Meta has open-sourced an artificial intelligence project that lets anyone bring their doodles to life.  The company hopes that by offering Animated Drawings …

Toronto-based Kepler, which plans to launch a network of optical satellites to deliver data at 2.5Gbps to satellites in low Earth orbit, raised a $92M Series C (Aria Alamalhodaei/TechCrunch)

Aria Alamalhodaei / TechCrunch: Toronto-based Kepler, which plans to launch a network of optical satellites to deliver data at 2.5Gbps to satellites in low Earth orbit, raised a $92M Series C  —  Toronto-based startup Kepler Communications closed another tranche of capital to continue building out its on-orbit data network.

“A family like no other”

On a clear, moonlit evening, a group of MIT undergraduate men of color gathered at the Samberg Center for a now-annual tradition: inducting the newest cohort of first-year students to The Standard, the Office of Minority Education’s program for undergraduate men of color. The gathering was festive, featuring dinner and a spectacular view of Boston, […]

MIT student Malhaar Agrawal named 2023 Truman Scholar

MIT junior Malhaar Agrawal has been selected as a 2023 Truman Scholar. Established by the U.S. Congress in 1975 as a living memorial to President Harry S. Truman and a national monument to public service, the Truman Scholarship supports and inspires the next generation of public service leaders. Truman Scholars are selected for their outstanding […]

Discord says it is cooperating with US law enforcement’s investigation into the classified material breach (Raphael Satter/Reuters)

Raphael Satter / Reuters: Discord says it is cooperating with US law enforcement’s investigation into the classified material breach  —  Instant messaging platform Discord said on Wednesday it was cooperating with U.S. law enforcement’s investigation into a leak of secret U.S. documents that has grabbed attention around the world.

How the US is making arrests and seizing crypto funds, like James Zhong’s 50K+ bitcoin, using Chainalysis and other tools to identify criminals via transactions (Robert McMillan/Wall Street Journal)

Robert McMillan / Wall Street Journal: How the US is making arrests and seizing crypto funds, like James Zhong’s 50K+ bitcoin, using Chainalysis and other tools to identify criminals via transactions  —  Federal authorities are making arrests and seizing funds with the help of new tools to identify criminals through cryptocurrency transactions

An investor in 50+ AI startups warns against building a “God-like AI” and says companies are “running towards a finish line” without knowing the ramifications (Ian Hogarth/Financial Times)

Ian Hogarth / Financial Times: An investor in 50+ AI startups warns against building a “God-like AI” and says companies are “running towards a finish line” without knowing the ramifications  —  The writer of this essay is an investor and co-author of the annual “State of AI” report

Taking the guesswork out of the architecture business

Managing a building or renovation project really means managing a series of disparate, interconnected tasks. Something as small as a kitchen renovation might involve half a dozen subcontractors including plumbers, electricians, carpenters, and painters. The complexity makes cost and time overruns common. On the other hand, “Architecture is a passion business,” says Moe Amaya MA […]

A new peptide may hold potential as an Alzheimer’s treatment

MIT neuroscientists have found a way to reverse neurodegeneration and other symptoms of Alzheimer’s disease by interfering with an enzyme that is typically overactive in the brains of Alzheimer’s patients. When the researchers treated mice with a peptide that blocks the hyperactive version of an enzyme called CDK5, they found dramatic reductions in neurodegeneration and […]

FTX’s attorneys say the company recovered $7.3B in liquid assets and is considering using creditors’ holdings to reopen the exchange; FTX’s FTT token jumps 70%+ (Cheyenne Ligon/CoinDesk)

Cheyenne Ligon / CoinDesk: FTX’s attorneys say the company recovered $7.3B in liquid assets and is considering using creditors’ holdings to reopen the exchange; FTX’s FTT token jumps 70%+  —  FTT jumped 55%.  —  Featured SpeakerBrett Harrison  —  Founder and CEOArchitect  —  Don’t miss “FTX: What Happened” …