Dan Taylor / Tech.eu: Report: Valencia-based Jeff, which provides a frontend app and other tools to manage businesses, filed for bankruptcy after failing to close a €90M Series C — After numerous lawsuits in Colombia, Mexico, Brazil, and Spain, losses close to €65 million, and a €90 million funding round …
Category: Uncategorized
A proposed class action lawsuit accuses Elon Musk of insider trading by manipulating Dogecoin; Musk allegedly sold ~$124M in DOGE after Twitter’s logo change (Jonathan Stempel/Reuters)
Jonathan Stempel / Reuters: A proposed class action lawsuit accuses Elon Musk of insider trading by manipulating Dogecoin; Musk allegedly sold ~$124M in DOGE after Twitter’s logo change — Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc (TSLA.O) …
They Plugged GPT-4 Into Minecraft—and Unearthed New Potential for AI
The bot plays the video game by tapping the text generator to pick up new skills, suggesting that the tech behind ChatGPT could automate many workplace tasks.
The 56 Best Movies on Disney+ Right Now
From Indiana Jones to Star Wars classics and Marvel flicks, here’s what you need to watch on the streaming platform.
Kaspersky Says New Zero-Day Malware Hit iPhones—Including Its Own
On the same day, Russia’s FSB intelligence service launched wild claims of NSA and Apple hacking thousands of Russians.
Sources: Microsoft has agreed to spend potentially billions of dollars on CoreWeave; the GPU cloud provider raised $200M, bringing its Series B round to $421M (Jordan Novet/CNBC)
Jordan Novet / CNBC: Sources: Microsoft has agreed to spend potentially billions of dollars on CoreWeave; the GPU cloud provider raised $200M, bringing its Series B round to $421M — – Microsoft’s agreement with CoreWeave could be worth billions of dollars over multiple years, people familiar with the matter said.
Twitter’s VP of Trust and Safety Ella Irwin says she has resigned from the company (Sheila Dang/Reuters)
Sheila Dang / Reuters: Twitter’s VP of Trust and Safety Ella Irwin says she has resigned from the company — Twitter’s head of trust and safety Ella Irwin told Reuters on Thursday that she has resigned from the social media company. — Apps- Newsletters- Advertise with Us- Advertising Guidelines- Cookies- Terms …
Tiny backpack for bees can track their position and temperature
A sensor around a millimetre in size has been tested to monitor a honeybee flying around some flowers. It could also work for medical monitoring inside a person’s body
Airbnb sues New York City over a new law the company calls a “de facto ban against short-term rentals”; the city plans to begin enforcing the law in July 2023 (Doyinsola Oladipo/Reuters)
Doyinsola Oladipo / Reuters: Airbnb sues New York City over a new law the company calls a “de facto ban against short-term rentals”; the city plans to begin enforcing the law in July 2023 — Airbnb Inc (ABNB.O) on Thursday filed a lawsuit against New York City over a new law it called a “de […]
Mark Rober tells MIT graduates to throw themselves into the unknown
At today’s OneMIT Commencement ceremony, Mark Rober — engineer, inventor, and YouTuber — urged MIT’s graduating class to cultivate a sense of optimism and collaboration, and, in our uncertain world, to “pick what you think is the best path and just move forward.” A warm and sunny Killian Court served as the setting for a […]
Mark Gorenberg ’76 elected chair of the MIT Corporation
Mark Gorenberg ’76 has been elected the next chair of the MIT Corporation, the Institute’s board of trustees. He will assume the role on July 1. Gorenberg, the founder and managing director of Zetta Venture Partners, succeeds Corporation Life Member Diane Greene SM ’78, who has served as chair since 2020. “It’s a great honor. I’m […]
President Sally Kornbluth’s charge to the Class of 2023
Below is the text of President Sally Kornbluth’s Commencement remarks, as prepared for delivery today. Anna, and A.J. – thank you both, for your remarks and for your leadership. There’s an old piece of wisdom from show business: Never follow an act with kids, or animals – or, as we’ve just seen…with Mark Rober! But since […]
CEOs Are Predicting a Mild Recession in the U.S.
They expect a “short and shallow” downturn.
Why Every Modern Enterprise Organization Needs Insight-Driven Marketing – SPONSOR CONTENT FROM MELTWATER
Sponsor content from MELTWATER.
When Blind Hiring Advances DEI — and When It Doesn’t
Three questions to ask before implementing the strategy into your hiring practices.
A Pill Version of Ozempic Is Coming
The injectable weight loss drugs Ozempic and Wegovy are already popular. Oral forms could lead to even more demand.
34 Father’s Day Gifts for the Dependable Dude in Your Life
Our boozy, outdoorsy, and musical recommendations will put a smile on the face of every type of dad and dad figure.
AI Won’t Wipe Out Humanity (Yet)
This week, we discuss the real and imagined dangers of generative artificial intelligence, which experts are eager to see regulated and contained.
Elon Musk sent no tweets during his visit to China, the longest hiatus from the platform since June 2022; once his jet left Shanghai, Musk tweeted about SpaceX (Bloomberg)
Bloomberg: Elon Musk sent no tweets during his visit to China, the longest hiatus from the platform since June 2022; once his jet left Shanghai, Musk tweeted about SpaceX — Elon Musk, a prolific presence on Twitter and owner of the social media platform, didn’t send any tweets while he was in China for his […]
LA- and Bengaluru-based hyperspectral imagery startup Pixxel raised a $36M Series B led by Google, after launching three demonstration satellites in 2022 (Aria Alamalhodaei/TechCrunch)
Aria Alamalhodaei / TechCrunch: LA- and Bengaluru-based hyperspectral imagery startup Pixxel raised a $36M Series B led by Google, after launching three demonstration satellites in 2022 — Hyperspectral imagery startup Pixxel has closed $36 million in funding as it prepares to roll out new remote sensing and analytics capabilities to customers.
After Microsoft paid $7.5B for ZeniMax in 2020, sources detail development issues for Redfall, one of the worst-reviewed games in 2023 and Xbox’s latest misfire (Jason Schreier/Bloomberg)
Jason Schreier / Bloomberg: After Microsoft paid $7.5B for ZeniMax in 2020, sources detail development issues for Redfall, one of the worst-reviewed games in 2023 and Xbox’s latest misfire — Over the years, Microsoft Corp.-owned video-game developer Arkane Studios has cultivated a reputation for releasing games …
Turning a circle into a square is possible with this kirigami-inspired formula
Kirigami takes pop-up books to a whole new level. The Japanese paper craft involves cutting patterns in paper to transform a two-dimensional sheet into an intricate, three-dimensional structure when partially folded. In the hands of an artist, kirigami can yield remarkably detailed and delicate replicas of structures in nature, architecture, and more. Scientists and engineers […]
Amazon Workers Walk Out Over Layoffs and Broken Climate Promises
Malaise swept through the company after massive job cuts, mandatory return to the office, and surging emissions despite the company’s pledge to get greener.
Get Ready for 3D-Printed Organs and a Knife That ‘Smells’ Tumors
Hospitals are evolving at warp speed, and autonomous surgical robots are just the beginning.
Apple’s iOS 16.5 Fixes 3 Security Bugs Already Used in Attacks
Plus: Microsoft patches two zero-day flaws, Google’s Android and Chrome get some much-needed updates, and more.
San Diego-based Measurabl, which makes carbon footprint management tools for properties, raised a $93M Series D led by Energy Impact Partners and Sway Ventures (Mike Freeman/San Diego Union-Tribune)
Mike Freeman / San Diego Union-Tribune: San Diego-based Measurabl, which makes carbon footprint management tools for properties, raised a $93M Series D led by Energy Impact Partners and Sway Ventures — Measurabl managed to raise money despite the venture capital market being largely frozen for technology entrepreneurs.
Sources: Apple is testing two new high-end Macs, one with M2 Max, and the other with the unannounced M2 Ultra chip with 60 graphics cores and up to 192GB of RAM (Mark Gurman/Bloomberg)
Mark Gurman / Bloomberg: Sources: Apple is testing two new high-end Macs, one with M2 Max, and the other with the unannounced M2 Ultra chip with 60 graphics cores and up to 192GB of RAM — Apple Inc. is testing a pair of new high-end Macs and their accompanying processors ahead of its Worldwide Developers […]
Crypto bridging protocol Multichain says it suspended service for multiple chains after being unable to contact its CEO to get server access amid tech problems (Michael McSweeney/The Block)
Michael McSweeney / The Block: Crypto bridging protocol Multichain says it suspended service for multiple chains after being unable to contact its CEO to get server access amid tech problems — – Multichain, the cross-chain protocol, confirmed Wednesday that the team is unable to contact its chief executive amid ongoing technology problems.
Bacterium from oak trees could help process rare earth elements
A bacterium found in English oak buds can help separate out the rare earth elements used in technologies such as electric cars and wind turbines
Situation at Ukrainian nuclear plant is dangerous, IAEA boss warns
Ukraine and Russia must agree to maintain safety at Zaporizhzhia Nuclear Power Plant to prevent a dangerous radiation leak, says the director general of the International Atomic Energy Agency
Driven to driverless
When Cindy Heredia was choosing an MBA program, she knew she wanted to be at the forefront of the autonomous driving industry. While doing research, she discovered that MIT had a unique offering: a student-run driverless team. Heredia applied to MIT to join the team, hoping to get hands-on experience. “My hope is that we’re […]
The Food and Beverage Sector Needs to Embrace Digital Transformation to Achieve Sustainability Goals – SPONSOR CONTENT FROM SCHNEIDER ELECTRIC
Sponsor content from Schneider Electric.
Professor Emeritus Arnoldo Hax, who reprioritized corporate strategy, dies at 87
Arnoldo Hax, the Alfred P. Sloan Professor of Management Emeritus at the MIT Sloan School of Management and an operations management expert who introduced a customer-centered approach to competitive strategy with his Delta Model, died April 20. He was 87. Hax joined MIT Sloan in 1973 as a member of the Operations Management group. An […]
He made linear algebra fun
The following series of numbers might help to summarize the MIT career of MathWorks Professor of Mathematics Gilbert “Gil” Strang ’55, who taught his last class on May 15. 3+2+61=66, or 75% of his life Strang has spent 66 of his 88 years at MIT — as a student, an instructor, and a faculty member. […]
Why Conflicting Ideas Can Make Your Strategy Stronger
In a volatile world, think of your strategy as a portfolio of options, not a roadmap.
Protecting DEI Progress When Budgets Are Tight
Three strategies to embed DEI into your core business practices — and make your efforts recession-proof.
To Combat the Overdose Crisis, Expand Drug-Checking Programs
New laws in Minnesota and Vermont understand that allowing people to test their drugs reduces harm—and is a vital public health measure.
I Asked AI Chatbots to Help Me Shop. They All Failed
I test products and write reviews for my job. So I asked ChatGPT, Bard, and Bing Chat to recommend headphones—and I saw exactly where the AI falls short.
ChatGPT Is Cutting Non-English Languages Out of the AI Revolution
AI chatbots are less fluent in languages other than English, threatening to amplify existing bias in global commerce and innovation.
A profile of Plaid, valued at $13.4B, and founder Zach Perret, after a $58M data scraping settlement in 2022, as the company expands and fights a lawsuit by PNC (Bloomberg)
Bloomberg: A profile of Plaid, valued at $13.4B, and founder Zach Perret, after a $58M data scraping settlement in 2022, as the company expands and fights a lawsuit by PNC — Over the past decade, Plaid’s digital pipes have enabled 1 in every 3 people with a US bank account to connect it to the […]
Sources: the Biden administration is split on regulating generative AI; some prefer an EU-style model while others worry over losing a competitive advantage (Bloomberg)
Bloomberg: Sources: the Biden administration is split on regulating generative AI; some prefer an EU-style model while others worry over losing a competitive advantage — Biden administration officials are divided over how aggressively new artificial intelligence tools should be regulated …
Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road” (Iain Withers/Reuters)
Iain Withers / Reuters: Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road” — British digital bank Monzo marginally narrowed its annual loss in the year to February 2023 …
New tool helps people choose the right method for evaluating AI models
When machine-learning models are deployed in real-world situations, perhaps to flag potential disease in X-rays for a radiologist to review, human users need to know when to trust the model’s predictions. But machine-learning models are so large and complex that even the scientists who design them don’t understand exactly how the models make predictions. So, […]
A more effective way to train machines for uncertain, real-world situations
Someone learning to play tennis might hire a teacher to help them learn faster. Because this teacher is (hopefully) a great tennis player, there are times when trying to exactly mimic the teacher won’t help the student learn. Perhaps the teacher leaps high into the air to deftly return a volley. The student, unable to […]
“Commencement reminds me of what MIT’s all about”
Each year, MIT’s Commencement provides a special opportunity for graduates and their families to celebrate all they’ve accomplished at MIT. But it’s also a celebration for MIT’s community more broadly, as it represents a milestone in the Institute’s mission of making a positive impact on the world. It’s fitting, then, that an extensive group of […]
Sources: Google plans to launch the Pixel Watch 2 in fall 2023 with a Snapdragon W5 series chip and Fitbit Sense 2-like sensors, alongside the Pixel 8 and 8 Pro (Abner Li/9to5Google)
Abner Li / 9to5Google: Sources: Google plans to launch the Pixel Watch 2 in fall 2023 with a Snapdragon W5 series chip and Fitbit Sense 2-like sensors, alongside the Pixel 8 and 8 Pro — We revealed at the start of May that Google is planning to announce the Pixel Watch 2 alongside the Pixel […]
Runaway AI Is an Extinction Risk, Experts Warn
A new statement from industry leaders cautions that artificial intelligence poses a threat to humanity on par with nuclear war or a pandemic.
While OpenAI has become more upfront about ChatGPT’s limitations, the company should do more to make clear the bot can’t reliably distinguish fact from fiction (James Vincent/The Verge)
James Vincent / The Verge: While OpenAI has become more upfront about ChatGPT’s limitations, the company should do more to make clear the bot can’t reliably distinguish fact from fiction — “May occasionally generate incorrect information.” — This is the warning OpenAI pins to the homepage of its AI chatbot ChatGPT …
Source: MoonPay company insiders, including its CEO, cashed out shares worth $150M as part of the crypto payment company’s 2021 $555M Series A (Aidan Ryan/The Information)
Aidan Ryan / The Information: Source: MoonPay company insiders, including its CEO, cashed out shares worth $150M as part of the crypto payment company’s 2021 $555M Series A — In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon …
CoCo: A real-time co-creative learning platform for young people
CoCo is a new co-creative learning platform that empowers educators to engage children and teens in an endless variety of collaborative creative computing experiences with peers — regardless of whether they are sitting next to one another in a classroom or connecting remotely across continents. The platform supports real-time collaboration across multiple types of interactive […]