Numerator: during Amazon’s second Prime Day, the average US order size was $46.44, down 23% from the July Prime Day, mostly comprising household essentials (Spencer Soper/Bloomberg)

Spencer Soper / Bloomberg: Numerator: during Amazon’s second Prime Day, the average US order size was $46.44, down 23% from the July Prime Day, mostly comprising household essentials  —  Amazon.com Inc. shoppers are largely skipping pricey purchases during the company’s Prime sale sequel — favoring pantry items …

China’s central bank: e-CNY transactions totaled ~$14B from December 2019 to August 2022, up 14% from ~$12.2B in December 2021, signaling slowing growth (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post: China’s central bank: e-CNY transactions totaled ~$14B from December 2019 to August 2022, up 14% from ~$12.2B in December 2021, signaling slowing growth  —  China’s central bank digital currency transactions totalled 100 billion yuan (US$14 billion) from the start of the e-CNY initiative …

Making quantum computers more accurate

In Building 13 on MIT’s campus, there sits a half-a-million-dollar piece of equipment that looks like a long stretched-out chandelier, with a series of gold discs connected by thin silver pipes. The equipment, known as a dilution refrigerator, is a key player in PhD student Alex Greene’s research, as it houses all their experiments. “My […]

Sources: US chip equipment suppliers are pausing business activities and pulling out staff based at China’s YMTC, following US curbs on China’s chip sector (Wall Street Journal)

Wall Street Journal: Sources: US chip equipment suppliers are pausing business activities and pulling out staff based at China’s YMTC, following US curbs on China’s chip sector  —  Tool makers are pulling out staff and pausing work as they assess the impact of Commerce Department restrictions on semiconductor exports to China

Amazon, Shopify, Wayfair, and other big e-commerce sites scale back operations after erroneously betting that pandemic online shopping trends would be permanent (Matthew Townsend/Bloomberg)

Matthew Townsend / Bloomberg: Amazon, Shopify, Wayfair, and other big e-commerce sites scale back operations after erroneously betting that pandemic online shopping trends would be permanent  —  Did the pandemic forever change how we shop?  —  The answer seemed obvious in the first half of 2020, when retailers closed …

Dream Security, a cybersecurity company co-founded by former NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, has raised $20M (Ivan Levingston/Bloomberg)

Ivan Levingston / Bloomberg: Dream Security, a cybersecurity company co-founded by former NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, has raised $20M  —  The former chief executive officer of Israeli spyware company NSO Group, Shalev Hulio, has joined with ex-Austrian Chancellor Sebastian Kurz …

Today’s postdocs, tomorrow’s mentors

Laura Maiorino arrived in Cambridge in late 2019, one of more than 1,400 postdoctoral scholars from around the world who join MIT each year to launch their careers in the company of other outstanding researchers. Within months, of course, the pandemic struck: labmates were working in shifts and taking meetings over Zoom. “Even connecting within […]

British artist Damien Hirst burns thousands of his paintings live on Instagram as part of an NFT project, “completing the transformation” from physical to NFTs (Halisia Hubbard/NPR)

Halisia Hubbard / NPR: British artist Damien Hirst burns thousands of his paintings live on Instagram as part of an NFT project, “completing the transformation” from physical to NFTs  —  British artist Damien Hirst is among the many art-world giants who have set fire to their work, having burned 1,000 of his artworks Tuesday.

What to expect from Microsoft’s Surface event: Surface Pro 9, Surface Laptop 5, Surface Studio 3, and potentially a mini PC and Surface accessories (Jon Fingas/Engadget)

Jon Fingas / Engadget: What to expect from Microsoft’s Surface event: Surface Pro 9, Surface Laptop 5, Surface Studio 3, and potentially a mini PC and Surface accessories  —  – Wildcards: A mini PC and Surface accessories  —  Microsoft is holding its customary fall Surface event on October 12th …

Sources: Intel is planning major job cuts, likely in the thousands, as early as this month; some divisions, including sales and marketing, could see ~20% cuts (Bloomberg)

Bloomberg: Sources: Intel is planning major job cuts, likely in the thousands, as early as this month; some divisions, including sales and marketing, could see ~20% cuts  —  Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope …

Mango, a DeFi platform on Solana, says a hacker was able to drain some funds via an oracle price manipulation; blockchain auditor OtterSec says for $100M+ (Sam Kessler/CoinDesk)

Sam Kessler / CoinDesk: Mango, a DeFi platform on Solana, says a hacker was able to drain some funds via an oracle price manipulation; blockchain auditor OtterSec says for $100M+  —  The apparent exploit stemmed from the ability of an attacker to manipulate the value of their posted collateral.

A look inside Meta’s Reality Labs, with demos of its neural input wristband, 3D audio, photorealistic avatars with Codec Avatars 2.0, and 3D object scanning (Scott Stein/CNET)

Scott Stein / CNET: A look inside Meta’s Reality Labs, with demos of its neural input wristband, 3D audio, photorealistic avatars with Codec Avatars 2.0, and 3D object scanning  —  My visit to a future that isn’t quite here yet: neural wristbands, ghostly 3D audio and lifelike avatars.  Plus, the new Meta Quest Pro.

3Q: Why Europe is so vulnerable to heat waves

This year saw high-temperature records shattered across much of Europe, as crops withered in the fields due to widespread drought. Is this a harbinger of things to come as the Earth’s climate steadily warms up? Elfatih Eltahir, MIT professor of civil and environmental engineering and H. M. King Bhumibol Professor of Hydrology and Climate, and […]

Where Russia’s invasion of Ukraine stands

Editor’s note: Since this event was held on Oct. 7, Russia’s invasion of Ukraine has continued to evolve, including airstrikes on Ukranian cities following an explosion that damaged a key bridge linking Russia to Crimea. More than seven months after Russia invaded Ukraine, the battlefield map has shown recent progress for Ukranian forces — and […]

Nansen: former Celsius CEO Alex Mashinsky, who resigned on September 27, has moved ~$960K in CEL and USDC from six wallets to exchanges so far in October (Sam Reynolds/CoinDesk)

Sam Reynolds / CoinDesk: Nansen: former Celsius CEO Alex Mashinsky, who resigned on September 27, has moved ~$960K in CEL and USDC from six wallets to exchanges so far in October  —  Data show that Alex Mashinsky, who resigned as Celsius’ CEO on Sept. 27, continues to move crypto out of wallets while withdrawals are […]

IIHS survey: 53% of Super Cruise, 42% of Autopilot, and 12% of ProPILOT Assist users say they were “comfortable treating their vehicles as fully self-driving” (David Shepardson/Reuters)

David Shepardson / Reuters: IIHS survey: 53% of Super Cruise, 42% of Autopilot, and 12% of ProPILOT Assist users say they were “comfortable treating their vehicles as fully self-driving”  —  Drivers using advanced driver assistance systems like Tesla (TSLA.O) Autopilot or General Motors (GM.N) …

Google partners with Coinbase to let some customers pay for cloud services in crypto, starting 2023; Coinbase plans to move some data from AWS to Google Cloud (Jordan Novet/CNBC)

Jordan Novet / CNBC: Google partners with Coinbase to let some customers pay for cloud services in crypto, starting 2023; Coinbase plans to move some data from AWS to Google Cloud  —  – Google will start allowing a subset of customers to pay for cloud services with digital currencies early next year.

European Parliament approves Markets in Crypto Assets bill 28 to 1, which if passed in next vote will limit stablecoin token issuance, regulate mining, and more (Mat Di Salvo/Decrypt)

Mat Di Salvo / Decrypt: European Parliament approves Markets in Crypto Assets bill 28 to 1, which if passed in next vote will limit stablecoin token issuance, regulate mining, and more  —  The Markets in Crypto Assets regulation bill (MiCA) is one step closer to being put into law.