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5 Ways Startups Can Prepare for a Recession
Conserve cash and pay close attention to your customers, investors, employees, and culture.
A Tweet Before Dying
The revolutionary internet is over, and we don’t have much to show for it. A new start is out there, somewhere.
This Billion-Dollar Crypto Collective Is Tearing Itself Apart
One of the world’s biggest crypto groups just voted to back its enigmatic founder. The only problem is, no one understands his plan.
‘Black Panther: Wakanda Forever’ Alters How Superhero Stories Handle Death
Comic book saviors get resurrected all the time. Chadwick Boseman’s 2020 death made that impossible for Black Panther’s sequel.
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 …
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.
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 …
What the Hell Happened to FTX?
The collapse of crypto exchange FTX opens opportunities for rival exchange Binance—and raises questions about the sector’s sustainability.
Countries Hit Hardest by Climate Change May Finally Get Their Due
After 30 years of talk about forcing wealthy polluters to compensate those bearing the brunt of climate damage, the COP27 conference seems poised to act.
Our Favorite Gadgets for Plant Parents
You don’t need a degree in horticulture to help your indoor garden grow, just a few key pieces of gear.
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 …
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 …
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.
AI diversity scoring system could help root out algorithmic bias
Drawing inspiration from the way ecologists measure biodiversity, a method to score an AI’s diversity could help determine how biased a computer system is
IBM unveils world’s largest quantum computer at 433 qubits
IBM’s new quantum computer, Osprey, is more than triple the size of its previous record-breaking Eagle processor
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 […]
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 […]
“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 […]
From Droughts to Floods, Water Risk Is an Urgent Business Issue
New regulations are forcing companies to confront the issue.
3 Steps to Prepare Your Supply Chain for the Next Crisis
Risk is often more predictable than you might think.
What to Do After Being Laid Off
Five steps to take — before you start looking for a new job.
Twitter Users Have Caused a Mastodon Meltdown
The network’s servers are overrun by almost half a million new sign-ups, as Elon Musk’s Twitter takeover has thrust it into the spotlight.
Brace Yourself for a Triple Wave of Seasonal Viruses
Many people haven’t been exposed to common respiratory viruses following the pandemic, meaning they might be more vulnerable to getting ill this year.
The Great Crypto-Cop Brain Drain
Hunting down crypto criminals is a dying art as law enforcement officers jump in-house.
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.
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.
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 […]
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 […]
A Race to Bridge the Analog Divide in US Politics
Nothing beats in-person efforts to boost a campaign. But rising platforms are helping connect politicians with the rest of us.
Inside the ‘Election Integrity App’ Built to Purge US Voter Rolls
True the Vote’s IV3 app is meant to catch election cheaters. But it has a fundamental flaw.
25 Best Gifts for Teens (2022): Hydro Flasks, Record Players, and Apple Gear
Teenagers can be scary, but these adolescent-approved gifts are sweet.
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 […]
Sources: UMG, Sony, and Warner have been negotiating with ByteDance for a share of TikTok ad revenue and increased royalties before their contracts expire (Bloomberg)
Bloomberg: Sources: UMG, Sony, and Warner have been negotiating with ByteDance for a share of TikTok ad revenue and increased royalties before their contracts expire — TikTok has attracted more than 1 billion users with videos set to music. Now the world’s largest record labels want the social media app to pay more for those […]
Twitter plans to label select accounts “Official” when the new Blue launches; not all previously verified accounts will get the label, which won’t be for sale (Jay Peters/The Verge)
Jay Peters / The Verge: Twitter plans to label select accounts “Official” when the new Blue launches; not all previously verified accounts will get the label, which won’t be for sale — Twitter is rolling out another type of check mark to help distinguish accounts that users actually need to know are real.
Microsoft’s Copilot code tool faces the first big AI copyright lawsuit
A $9 billion class-action lawsuit has been filed against Microsoft, code-sharing site GitHub and artificial intelligence firm OpenAI for the way their tool Copilot uses people’s code
New research collaboration aims to tackle global societal challenges through design
At a signing ceremony last week, leaders from the MIT School of Architecture and Planning, the MIT Morningside Academy for Design (MAD) and the Hasso Plattner Institute (HPI) announced the Hasso Plattner Institute-MIT Research Program on Designing for Sustainability. This research collaboration, funded by the Hasso Plattner Foundation, is an eight-year program to drive joint […]
Urbanization: No fast lane to transformation
Accra, Ghana, “is a city I’ve come to know as well as any place in the U.S,” says Associate Professor Noah Nathan, who has conducted research there over the past 15 years. The booming capital of 4 million is an ideal laboratory for investigating the rapid urbanization of nations in Africa and beyond, believes Nathan, […]
7 Ways to Practice Active Allyship
We can’t move the pendulum on DEI until we all see ourselves as enablers of inclusive workplaces.
Grit Is Good. But Quitting Can Be, Too.
A conversation with a former professional poker player about changing our decision-making process.
How Walmart Automated Supplier Negotiations
Using a chatbot allows the procurement team to focus more on strategic relationships, exceptions, and continuous improvement.
After Twitter Staff Cuts, Survivors Face ‘Radio Silence’
The long-suffering staffers who remain at the company are scrambling to regroup and adapt to a new management style.
Anthony Fauci’s Sign-Off Message
While America’s top doc fought Covid, deniers fought him. He still can’t figure out why.
Elon Musk Wants Comedy on Twitter, but He Can’t Take a Joke
After celebrities adopted his profile to protest new rules, Musk threatened to permanently suspend anyone impersonating a user without a “parody” label.
Nintendo reports Q2 operating profit of ~$809M, up from ~$685M YoY, and cuts its fiscal year Switch sales forecast by 10% to 19M; a weakened yen boosts results (Takashi Mochizuki/Bloomberg)
Takashi Mochizuki / Bloomberg: Nintendo reports Q2 operating profit of ~$809M, up from ~$685M YoY, and cuts its fiscal year Switch sales forecast by 10% to 19M; a weakened yen boosts results — Nintendo Co. cut its fiscal-year forecast for Switch console sales by 10% to 19 million after reporting earnings in line with expectations.
As Twitter’s problems mount, Elon Musk is on pace to tweet over 750 times in November, or more than 25 times a day, up from around 13 per day in April (Ryan Mac/New York Times)
Ryan Mac / New York Times: As Twitter’s problems mount, Elon Musk is on pace to tweet over 750 times in November, or more than 25 times a day, up from around 13 per day in April — The new owner of Twitter has embarked on a tweeting spree to push back, spar and justify […]
Indonesia-based PT Global Digital Niaga, which owns e-commerce group Blibli, raised ~$509M in Jakarta’s second-largest IPO in 2022, after GoTo’s $1.1B April IPO (Bloomberg)
Bloomberg: Indonesia-based PT Global Digital Niaga, which owns e-commerce group Blibli, raised ~$509M in Jakarta’s second-largest IPO in 2022, after GoTo’s $1.1B April IPO — PT Global Digital Niaga, the owner of Indonesia’s e-commerce group Blibli, ended its first day of trade unchanged …
An easier way to remove medical devices
By taking advantage of a phenomenon that leads to fractures in metal, MIT researchers have designed medical devices that could be used inside the body as stents, staples, or drug depots, then safely broken down on demand when they’re no longer needed. The researchers showed that biomedical devices made from aluminum can be disintegrated by […]
How to ‘Quiet Quit’ Elon Musk’s Twitter
The chaos engulfing the platform provides an opportunity to reclaim control of your online life, without logging off for good.
The Secret Ballot Is US Democracy’s Last Line of Defense
Voter intimidation has cropped up in places across the nation, but the voting booth remains the one place where nobody can get to you.