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 …

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.

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 […]

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 […]

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.

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, […]

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 […]