Posts by blatcho:

Sources: at an all-hands, Elon Musk said Twitter is done with layoffs and actively recruiting for roles in engineering and sales; Twitter has 2,700+ employees (Alex Heath/The Verge)

Alex Heath / The Verge: Sources: at an all-hands, Elon Musk said Twitter is done with layoffs and actively recruiting for roles in engineering and sales; Twitter has 2,700+ employees  —  After purging nearly two-thirds of Twitter’s 7,500-person workforce in three weeks, Elon Musk is hiring again.

Scientists unveil the functional landscape of essential genes

A team of scientists at the Whitehead Institute for Biomedical Research and the Broad Institute of MIT and Harvard has systematically evaluated the functions of over 5,000 essential human genes using a novel, pooled, imaged-based screening method. Their analysis harnesses CRISPR-Cas9 to knock out gene activity and forms a first-of-its-kind resource for understanding and visualizing […]

Machinery of the state

In Mai Hassan’s studies of Kenya, she documented the emergence of a sprawling administrative network officially billed as encouraging economic development, overseeing the population, and bolstering democracy. But Hassan’s field interviews and archival research revealed a more sinister purpose for the hundreds of administrative and security offices dotting the nation: “They were there to do […]

DCG’s Grayscale refuses to share proof of reserves, citing “security concerns”, as Grayscale Bitcoin Trust reaches new lows and DCG’s Genesis halts withdrawals (Stephanie Murray/The Block)

Stephanie Murray / The Block: DCG’s Grayscale refuses to share proof of reserves, citing “security concerns”, as Grayscale Bitcoin Trust reaches new lows and DCG’s Genesis halts withdrawals  —  Grayscale will not show proof of reserves due to “security concerns,” after its bitcoin and ether products fell to all-time lows this week.

A look at Gary Gensler’s plan to regulate most crypto as securities and questions over the SEC’s handling of FTX, which met the regulator before its implosion (David Yaffe-Bellany/New York Times)

David Yaffe-Bellany / New York Times: A look at Gary Gensler’s plan to regulate most crypto as securities and questions over the SEC’s handling of FTX, which met the regulator before its implosion  —  Gary Gensler, the chair of the S.E.C., is at the center of a reckoning over the future of cryptocurrency after the […]

A look at things journalism could lose if Twitter dies: real-time feedback on stories, news outlets being publicly called out, DMs as a reporting tool, and more (Laura Hazard Owen/Nieman Lab)

Laura Hazard Owen / Nieman Lab: A look at things journalism could lose if Twitter dies: real-time feedback on stories, news outlets being publicly called out, DMs as a reporting tool, and more  —  Goodbye to screenshotted best bits, DMs, “that tweet should be a story”…  “If Twitter goes away my job would actually be […]

Study: Automation drives income inequality

When you use self-checkout machines in supermarkets and drugstores, you are probably not — with all due respect — doing a better job of bagging your purchases than checkout clerks once did. Automation just makes bagging less expensive for large retail chains. “If you introduce self-checkout kiosks, it’s not going to change productivity all that […]

Kite, a startup that used AI to help devs code, shuts down, saying state-of-the-art ML models don’t understand the structure of code and too few devs would pay (Adam Smith/Code Faster with Kite)

Adam Smith / Code Faster with Kite: Kite, a startup that used AI to help devs code, shuts down, saying state-of-the-art ML models don’t understand the structure of code and too few devs would pay  —  From 2014 to 2021, Kite was a startup using AI to help developers write code.  We have stopped working […]

A look at Unstable Diffusion, which is trying to monetize AI porn generators; the group migrated from a subreddit to Discord, where it has over 45,000 members (TechCrunch)

TechCrunch: A look at Unstable Diffusion, which is trying to monetize AI porn generators; the group migrated from a subreddit to Discord, where it has over 45,000 members  —  Of course, it’s an ethical minefield  —  When Stable Diffusion, the text-to-image AI developed by startup Stability AI …

Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each (Bloomberg)

Bloomberg: Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each  —  Sam Bankman-Fried’s bankrupt crypto empire owes its 50 biggest unsecured creditors a total of $3.1 billion, new court papers show, with a pair of customers owed more than $200 […]

Interviews with more than 24 people involved in the AT&T/Time Warner merger, including Jeff Bewkes and Randall Stephenson, detail how it went disastrously awry (James B. Stewart/New York Times)

James B. Stewart / New York Times: Interviews with more than 24 people involved in the AT&T/Time Warner merger, including Jeff Bewkes and Randall Stephenson, detail how it went disastrously awry  —  At Time Warner, executives saw AT&T as just a “big phone company from Texas.”  At AT&T, they thought Hollywood would play by their […]

Altive: Xiaohongshu, considered as a Chinese equivalent to Instagram, has been valued at $10B-$16B in private markets in 2022, down from $20B in November 2021 (Financial Times)

Financial Times: Altive: Xiaohongshu, considered as a Chinese equivalent to Instagram, has been valued at $10B-$16B in private markets in 2022, down from $20B in November 2021  —  China’s answer to Instagram gained a $20bn valuation last year.  Then the tide turned for the country’s start-ups

A look at the dispute between FTX’s new management and Bahamian regulators over who should control the company’s assets, and how the fight may affect customers (Wall Street Journal)

Wall Street Journal: A look at the dispute between FTX’s new management and Bahamian regulators over who should control the company’s assets, and how the fight may affect customers  —  Liquidators in the Bahamas are embroiled in a dispute with FTX over who has control over crypto assets held in the country

FTX users flock to Telegram to reckon with their potential losses, where some say they believed FTX’s links to the US made it unusually safe (John Herrman/New York Magazine)

John Herrman / New York Magazine: FTX users flock to Telegram to reckon with their potential losses, where some say they believed FTX’s links to the US made it unusually safe  —  The losers — and scammers — are flooding Telegram.  —  It’s early November.  You’re into crypto.  It has probably been a rough few […]

Wickr Me, the free encrypted messaging app acquired by AWS in 2021, will shut down on December 31, 2023 and stop accepting new users at the end of 2022 (Emma Roth/The Verge)

Emma Roth / The Verge: Wickr Me, the free encrypted messaging app acquired by AWS in 2021, will shut down on December 31, 2023 and stop accepting new users at the end of 2022  —  Wickr Me, the free encrypted messaging app owned by Amazon Web Services, is shutting down on December 31st, 2023.

A look at South Korean conglomerate Naver’s experiments with a fleet of ~100 office robots, including efforts to make employees comfortable with their presence (New York Times)

New York Times: A look at South Korean conglomerate Naver’s experiments with a fleet of ~100 office robots, including efforts to make employees comfortable with their presence  —  Naver, a South Korean internet firm, is trying to introduce robots into the world of cubicles and conference rooms without making employees uncomfortable.

Interviews with lawyers, analysts, and employees at AI startups on unresolved questions concerning copyright and fair use shaping the future of generative AI (James Vincent/The Verge)

James Vincent / The Verge: Interviews with lawyers, analysts, and employees at AI startups on unresolved questions concerning copyright and fair use shaping the future of generative AI  —  The last year has seen a boom in AI models that create art, music, and code by learning from others’ work.

India’s new draft data protection bill proposes allowing cross-border data transfer with certain countries, unlike an earlier version which imposed restrictions (TechCrunch)

TechCrunch: India’s new draft data protection bill proposes allowing cross-border data transfer with certain countries, unlike an earlier version which imposed restrictions  —  India has proposed a new comprehensive data privacy law that will mandate how companies handle data of its citizens …

Apple’s plan to use TSMC plants in the US and possibly Europe, a PR victory, buries the truth: capacity will be tiny and the chips will use an older 5nm process (Tim Culpan/Bloomberg)

Tim Culpan / Bloomberg: Apple’s plan to use TSMC plants in the US and possibly Europe, a PR victory, buries the truth: capacity will be tiny and the chips will use an older 5nm process  —  You can just picture it now.  It’s 2025 and Apple Inc. Chief Executive Officer Tim Cook has just taken […]

Carvana says it will lay off about 1,500 people, or ~8% of its workforce, adding to the ~2,500 workers it laid off in May 2022 (Kathryn Hardison/Wall Street Journal)

Kathryn Hardison / Wall Street Journal: Carvana says it will lay off about 1,500 people, or ~8% of its workforce, adding to the ~2,500 workers it laid off in May 2022  —  Planned workforce reductions come as demand from consumers remains under pressure  —  How Carvana’s Stock Crashed: What Went Wrong  —  Created with sketchtool.

Celebrating open data

The inaugural MIT Prize for Open Data, which included a $2,500 cash prize, was recently awarded to 10 individual and group research projects. Presented jointly by the School of Science and the MIT Libraries, the prize recognizes MIT-affiliated researchers who make their data openly accessible and reusable by others. The prize winners and 16 honorable […]