Posts by blatcho:

Memo: Salesforce plans to lay off around 10% of its staff and close some offices, expecting to incur $1.4B to $2.1B in charges for the restructuring (Nivedita Balu/Reuters)

Nivedita Balu / Reuters: Memo: Salesforce plans to lay off around 10% of its staff and close some offices, expecting to incur $1.4B to $2.1B in charges for the restructuring  —  Salesforce Inc (CRM.N) said on Wednesday it would lay off about 10% of its employees and close some offices as a part of its […]

A look at Samsung’s TV updates in 2023: Neo QLEDs converting SDR to HDR, futuristic MicroLED TVs, improvements to The Frame, and software and AI updates (Chris Welch/The Verge)

Chris Welch / The Verge: A look at Samsung’s TV updates in 2023: Neo QLEDs converting SDR to HDR, futuristic MicroLED TVs, improvements to The Frame, and software and AI updates  —  Last year, Samsung radically shook up the TV market with the introduction of its first OLED model in many years.

The US case against alleged Mango Markets manipulator Avraham Eisenberg highlights traders treating crypto as a game, forgetting the real-world consequences (Matt Levine/Bloomberg)

Matt Levine / Bloomberg: The US case against alleged Mango Markets manipulator Avraham Eisenberg highlights traders treating crypto as a game, forgetting the real-world consequences  —  Mango  —  So here’s a trade.  — You open two accounts on a commodity futures exchange, Account A and Account B.

Foxconn partners with Nvidia to produce electronic control units based on Nvidia’s Drive Orin SoC for intelligent vehicles and use them in Foxconn’s own EVs (Sabela Ojea/Wall Street Journal)

Sabela Ojea / Wall Street Journal: Foxconn partners with Nvidia to produce electronic control units based on Nvidia’s Drive Orin SoC for intelligent vehicles and use them in Foxconn’s own EVs  —  Foxconn will produce, use Nvidia’s chips that help enable autonomous driving  —  Graphics chip maker Nvidia Corp. NVDA -1.91%decrease …

Sources: crypto payments startup Wyre told its staff that it’s shutting down; Bolt planned to acquire Wyre for ~$1.5B but canceled the deal in September 2022 (Axios)

Axios: Sources: crypto payments startup Wyre told its staff that it’s shutting down; Bolt planned to acquire Wyre for ~$1.5B but canceled the deal in September 2022  —  Wyre, a crypto payments company founded in 2013, has told employees that it is shutting down amid layoffs, Axios has learned.

[Thread] Twitter relaxes its policy for cause-based ads in the US and plans to expand the political advertising the company permits in the coming weeks (Twitter Safety)

Twitter Safety: [Thread] Twitter relaxes its policy for cause-based ads in the US and plans to expand the political advertising the company permits in the coming weeks  —  We believe that cause-based advertising can facilitate public conversation around important topics. Today, we’re relaxing our ads policy for cause-based ads in the US. We also plan […]

Strengthening America’s manufacturing base

U.S. Under Secretary of Defense for Research and Engineering Heidi Shyu serves as the Department of Defense’s chief technology officer. In a recent talk at MIT, she spoke about the DoD’s initiatives to build a stronger U.S. manufacturing base and to tackle the country’s “toughest challenges.” President Biden nominated Shyu as under secretary in April […]

Southwest Airlines’ recent meltdown exposed an over-reliance on aging crew-assignment software SkySolver, forcing the company to return to manual scheduling (Belle Lin/Wall Street Journal)

Belle Lin / Wall Street Journal: Southwest Airlines’ recent meltdown exposed an over-reliance on aging crew-assignment software SkySolver, forcing the company to return to manual scheduling  —  The airline industry is long overdue for a tech overhaul that takes full advantage of the cloud and data integration, analysts say

A profile of blockchain auditing service CertiK, which inspects smart contracts to help clients like Yuga Labs avoid critical bugs that can lead to lost crypto (Clive Thompson/MIT Technology Review)

Clive Thompson / MIT Technology Review: A profile of blockchain auditing service CertiK, which inspects smart contracts to help clients like Yuga Labs avoid critical bugs that can lead to lost crypto  —  Programming errors on the blockchain can mean $100 million lost in the blink of an eye.  Ronghui Gu and his company CertiK […]

Chinese media: Foxconn says its Zhengzhou plant is operating with ~200,000 workers, or ~90% capacity, back to around reported normal levels, after disruptions (Debby Wu/Bloomberg)

Debby Wu / Bloomberg: Chinese media: Foxconn says its Zhengzhou plant is operating with ~200,000 workers, or ~90% capacity, back to around reported normal levels, after disruptions  —  Foxconn Technology Group has brought the world’s largest iPhone plant to about 90% of anticipated peak capacity …

Zomato co-founder and CTO Gunjan Patidar leaves, following departures of two senior execs and another co-founder last month; Zomato’s stock dropped 57%+ in 2022 (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Zomato co-founder and CTO Gunjan Patidar leaves, following departures of two senior execs and another co-founder last month; Zomato’s stock dropped 57%+ in 2022  —  Zomato said on Monday its co-founder and chief technology officer Gunjan Patidar has left the firm, the latest in a series …

A look at China’s rising Beijing-endorsed industry of “virtual people”, including scandal-free influencers, performers, and customer service representatives (Evelyn Cheng/CNBC)

Evelyn Cheng / CNBC: A look at China’s rising Beijing-endorsed industry of “virtual people”, including scandal-free influencers, performers, and customer service representatives  —  – Tech company Baidu said the number of virtual people projects it’s worked on for clients has doubled since last year …

Research: 35+ companies have pledged ~$200B for chip-related manufacturing projects in the US since spring 2020 across 16 states and 23 new chip factories (New York Times)

New York Times: Research: 35+ companies have pledged ~$200B for chip-related manufacturing projects in the US since spring 2020 across 16 states and 23 new chip factories  —  Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020.

German grocery delivery app Flink, one of the last independent services, had €400M in 2022 sales and expects to be profitable in 2023; Flink has raised $700M+ (Tim Bradshaw/Financial Times)

Tim Bradshaw / Financial Times: German grocery delivery app Flink, one of the last independent services, had €400M in 2022 sales and expects to be profitable in 2023; Flink has raised $700M+  —  Berlin-based start-up aims for profits next year as rivals struggle for cash  —  Flink, one of Europe’s …

Luke Dashjr, one of the original core BTC developers, says someone stole “basically” all his BTC by compromising his PGP key; a wallet shows ~217 BTC were moved (Stephen Katte/Cointelegraph)

Stephen Katte / Cointelegraph: Luke Dashjr, one of the original core BTC developers, says someone stole “basically” all his BTC by compromising his PGP key; a wallet shows ~217 BTC were moved  —  A Bitcoin OG and core developer Luke Dashjr claims his PGP key was compromised, resulting in virtually all his Bitcoin being stolen […]

A look at the longest tech boom so far, including crypto’s rise and fall, VR falling short of its hype, the marketplace economy’s growth, pizza robots, and more (Christopher Mims/Wall Street Journal)

Christopher Mims / Wall Street Journal: A look at the longest tech boom so far, including crypto’s rise and fall, VR falling short of its hype, the marketplace economy’s growth, pizza robots, and more  —  From pizza robots to the crypto meltdown, the long bubble has shown us the hilarious, the regrettable, and the unexpectedly […]

A look at the use of AI to design and test games, such as to tune difficulty, find world geometry flaws, and sniff out situations that make it impossible to win (Matthew Smith/Wired)

Matthew Smith / Wired: A look at the use of AI to design and test games, such as to tune difficulty, find world geometry flaws, and sniff out situations that make it impossible to win  —  The next generation of video game characters could be powered by AI, making them more engaging and challenging.

Hands-on with Pixel 7 Pro’s Real Tone, which claims to render skin tones more accurately in photos, compared with the Galaxy S22 Ultra and iPhone 14 Pro Max (Chris Velazco/Washington Post)

Chris Velazco / Washington Post: Hands-on with Pixel 7 Pro’s Real Tone, which claims to render skin tones more accurately in photos, compared with the Galaxy S22 Ultra and iPhone 14 Pro Max  —  Google is trying to make its phone cameras more inclusive.  We put it to the test against its rivals.

A look at the impact of the funding crunch on India’s tech startups, which raised $24.7B from January to November 2022, down 35% YoY, per data provider Tracxn (Chloe Cornish/Financial Times)

Chloe Cornish / Financial Times: A look at the impact of the funding crunch on India’s tech startups, which raised $24.7B from January to November 2022, down 35% YoY, per data provider Tracxn  —  Funding crunch has triggered mass job cuts of up to 25,000 at country’s once-thriving tech companies

Verizon decommissioned its 3G network on December 31, the last major US carrier to do so after AT&T and T-Mobile turned off services earlier in 2022 (Mitchell Clark/The Verge)

Mitchell Clark / The Verge: Verizon decommissioned its 3G network on December 31, the last major US carrier to do so after AT&T and T-Mobile turned off services earlier in 2022  —  It’s well and truly curtains for 3G, one of the key technologies that helped usher in the age of the smartphone.

A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty (Wall Street Journal)

Wall Street Journal: A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty  —  Trading firm took big gambles, winning some and losing plenty; ‘complete lack of a risk-management framework’

Experts weigh in on Meta’s impending decision to lift Donald Trump’s Facebook and Instagram ban; source: the announcement will be made later than January 7 (Hannah Murphy/Financial Times)

Hannah Murphy / Financial Times: Experts weigh in on Meta’s impending decision to lift Donald Trump’s Facebook and Instagram ban; source: the announcement will be made later than January 7  —  Tech giant’s policy chief Nick Clegg due to rule this month whether to revoke ban on former US president