Interviews with 36 current and former Twitter employees detail the excruciating chaos during Elon Musk’s first two weeks in charge (New York Times)

New York Times: Interviews with 36 current and former Twitter employees detail the excruciating chaos during Elon Musk’s first two weeks in charge  —  Mr. Musk ordered immediate layoffs, fired executives by email, laid down product deadlines and has transformed the company.  —  SAN FRANCISCO — Elon Musk had a demand.

A look at Sam Bankman-Fried’s rise and fall in DC: becoming the face of crypto regulation, proposing bills, and testifying to Congress before FTX collapsed (Financial Times)

Financial Times: A look at Sam Bankman-Fried’s rise and fall in DC: becoming the face of crypto regulation, proposing bills, and testifying to Congress before FTX collapsed  —  Sam Bankman-Fried sought digital asset legislation and donated heavily to Democrats  —  In less than four years …

The Bahamas Securities Commission freezes the assets of FTX Digital Markets and “related parties” and appoints an attorney as a provisional liquidator (Lydia Beyoud/Bloomberg)

Lydia Beyoud / Bloomberg: The Bahamas Securities Commission freezes the assets of FTX Digital Markets and “related parties” and appoints an attorney as a provisional liquidator  —  The Bahamas Securities Commission has frozen the assets of FTX Digital Markets “and related parties.”

Experts and Western officials say the Egyptian government’s Android app for the COP27 climate summit could help spy on emails, messages, and voice conversations (Politico)

Politico: Experts and Western officials say the Egyptian government’s Android app for the COP27 climate summit could help spy on emails, messages, and voice conversations  —  Western security advisers are warning delegates at the COP27 climate summit not to download the host Egyptian government’s …

Foxconn reports Q3 revenue up 24% YoY to ~$54.8B, net income up 5% YoY to ~$1.2B but below estimates, and warns consumer electronics revenue will fall in Q4 (Bloomberg)

Bloomberg: Foxconn reports Q3 revenue up 24% YoY to ~$54.8B, net income up 5% YoY to ~$1.2B but below estimates, and warns consumer electronics revenue will fall in Q4  —  Hon Hai Precision Industry Co., maker of most of the world’s iPhones, warned consumer electronics revenue will fall this quarter …

OpenSea plans to continue to enforce NFT royalties on its platform, after X2Y2, Magic Eden, and LooksRare altered their NFT royalty structures (Cameron Thompson/CoinDesk)

Cameron Thompson / CoinDesk: OpenSea plans to continue to enforce NFT royalties on its platform, after X2Y2, Magic Eden, and LooksRare altered their NFT royalty structures  —  “The world is otherwise burning, but we decided this couldn’t wait,” a representative from OpenSea told CoinDesk.

Source: Sam Bankman-Fried told investors that FTX needs a cash injection or the company would need to file for bankruptcy due to a shortfall of up to $8B (Gillian Tan/Bloomberg)

Gillian Tan / Bloomberg: Source: Sam Bankman-Fried told investors that FTX needs a cash injection or the company would need to file for bankruptcy due to a shortfall of up to $8B  —  Sam Bankman-Fried told FTX.com investors on Wednesday that without a cash injection the company would need to file for bankruptcy …

FTX-linked Alameda Research withdrew ~$37M worth of wrapped bitcoin from crypto exchange FTX.US on Wednesday (Krisztian Sandor/CoinDesk)

Krisztian Sandor / CoinDesk: FTX-linked Alameda Research withdrew ~$37M worth of wrapped bitcoin from crypto exchange FTX.US on Wednesday  —  The purpose of the token movements is unclear, and the amount likely a small portion of the overall firm’s holdings, but the observation shows Alameda scrambling to arrange its finances – using the Ethereum blockchain.

Amazon becomes the world’s first public company to lose $1T in market value, shrinking to ~$879B from $1.88T in July 2021; Microsoft lost $889B since Nov. 2021 (Bloomberg)

Bloomberg: Amazon becomes the world’s first public company to lose $1T in market value, shrinking to ~$879B from $1.88T in July 2021; Microsoft lost $889B since Nov. 2021  —  Amazon.com Inc. is the world’s first public company to lose a trillion dollars in market value as a combination of rising inflation …

Lincoln Laboratory launches summer internships for local high schoolers

Every summer, hundreds of students come to Lincoln Laboratory to gain hands-on research experience. Historically, the laboratory’s summer research program has primarily served undergraduate and graduate students, with their internships complementing their fields of study. A few local high school students have participated in this program over the years through AFCEA International, a nonprofit providing […]

“Ballet des Porcelaines” at MIT

A faraway island. An evil magician. A prince transformed into a teapot. A princess on a rescue mission. When the first performance of the “Ballet des Porcelaines” was staged at the Chateau de Morville in 1739, the orientalist fairy tale seemed innocent enough. However, when the art historian Meredith Martin encountered the lost libretto in […]

Advancing the energy transition amidst global crises

“The past six years have been the warmest on the planet, and our track record on climate change mitigation is drastically short of what it needs to be,” said Robert C. Armstrong, MIT Energy Initiative (MITEI) director and the Chevron Professor of Chemical Engineering, introducing MITEI’s 15th Annual Research Conference. At the symposium, participants from […]

An interview with CEO Dylan Field on scaling Figma, selling the company to Adobe, retaining autonomy, WebGL, making VR Figma for the metaverse, AGI, and more (Nilay Patel/The Verge)

Nilay Patel / The Verge: An interview with CEO Dylan Field on scaling Figma, selling the company to Adobe, retaining autonomy, WebGL, making VR Figma for the metaverse, AGI, and more  —  We also talk about AI and VR — but we know why you’re here. … Dylan Field is the co-founder and CEO of […]

Mark Zuckerberg says Meta plans to lay off 13% of its staff, or 11,000+ employees, and will cut discretionary spending and extend its hiring freeze through Q1 (Meta)

Meta: Mark Zuckerberg says Meta plans to lay off 13% of its staff, or 11,000+ employees, and will cut discretionary spending and extend its hiring freeze through Q1  —  Mark Zuckerberg just shared the following with Meta employees:  —  Today I’m sharing some of the most difficult changes we’ve made in Meta’s history.

Apple is working on a Custom Accessibility Mode for iOS 16.2 beta 2, codenamed Clarity, helping make the iPhone’s and the iPad’s UI more user-friendly (Filipe Espósito/9to5Mac)

Filipe Espósito / 9to5Mac: Apple is working on a Custom Accessibility Mode for iOS 16.2 beta 2, codenamed Clarity, helping make the iPhone’s and the iPad’s UI more user-friendly  —  Apple on Tuesday released iOS 16.2 beta 2 to developers as the company gets ready to make the update available to the public in December.

Inspiration at the atomic scale

To explain why he loves electron microscopy, Associate Professor James LeBeau uses an analogy: He likens the technique, which uses beams of electrons to illuminate materials at a scale thousands of times smaller than conventional microscopes, to the inverse of astronomy. “It’s discovering things that no human has ever seen before that really captures the […]

Coin Metrics: on Tuesday, bitcoin fell 12.6% to $18,203 and briefly hit $17,300.80, its lowest level since November 2020; ether dropped 18.2% to $1,311.50 (Tanaya Macheel/CNBC)

Tanaya Macheel / CNBC: Coin Metrics: on Tuesday, bitcoin fell 12.6% to $18,203 and briefly hit $17,300.80, its lowest level since November 2020; ether dropped 18.2% to $1,311.50  —  Follow your favorite stocksCREATE FREE ACCOUNT  —  WATCH NOW  —  FTX token plunges as Binance steps in to buy the crypto exchange’s non-U.S. unit: CNBC Crypto […]