Analysis reveals how Google’s ad business funnels revenue to prolific purveyors of health, election, and climate disinfo in Europe, Latin America, and Africa (ProPublica)

ProPublica: Analysis reveals how Google’s ad business funnels revenue to prolific purveyors of health, election, and climate disinfo in Europe, Latin America, and Africa  —  Google is funneling revenue to some of the web’s most prolific purveyors of false information in Europe, Latin America and Africa, a ProPublica investigation has found.

Amid a downturn, tech companies may shift their focus from “gee-whiz” projects, like self-driving cars and metaverses, to truly useful products that make money (Christopher Mims/Wall Street Journal)

Christopher Mims / Wall Street Journal: Amid a downturn, tech companies may shift their focus from “gee-whiz” projects, like self-driving cars and metaverses, to truly useful products that make money  —  History shows that downturns are when the industry shifts focus from flashy novelties to things that are truly useful

Report: Amazon laid off ~150 people, or 50% of its workforce, at Amp, an app that lets DJs host live “radio shows”, take calls, and play Amazon Music tracks (Kurt Schlosser/GeekWire)

Kurt Schlosser / GeekWire: Report: Amazon laid off ~150 people, or 50% of its workforce, at Amp, an app that lets DJs host live “radio shows”, take calls, and play Amazon Music tracks  —  In-depth Amazon coverage from the tech giant’s hometown, including e-commerce, AWS, Amazon Prime, Alexa, logistics, devices, and more.

New Orleans-based Resilia, which sells software to help nonprofits manage their operations, raised a $35M Series B, bringing its total funding to ~$50M (Jared Council/Forbes)

Jared Council / Forbes: New Orleans-based Resilia, which sells software to help nonprofits manage their operations, raised a $35M Series B, bringing its total funding to ~$50M  —  Sevetri Wilson is not your average tech company founder.  She’s a Black woman, she has no coding experience, no cofounders …

Dogecoin surged by nearly 75% on Saturday after Elon Musk took control of Twitter, its biggest daily gain since April 2021, as it rallied 150% since October 25 (Yashu Gola/Cointelegraph)

Yashu Gola / Cointelegraph: Dogecoin surged by nearly 75% on Saturday after Elon Musk took control of Twitter, its biggest daily gain since April 2021, as it rallied 150% since October 25  —  DOGE price could drop 60% by the end of this year as it reaches its most overbought level since April 2021.  —  […]

Internal Iranian carrier documents detail SIAM, an Iranian government web program for surveilling the country’s cellphone users and disrupting communications (The Intercept)

The Intercept: Internal Iranian carrier documents detail SIAM, an Iranian government web program for surveilling the country’s cellphone users and disrupting communications  —  As furious anti-government protests swept Iran, the authorities retaliated with both brute force and digital repression.

Google acquired Alter, an AI avatar startup that helps creators and brands express their virtual identity; source: the deal closed two months ago for ~$100M (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Google acquired Alter, an AI avatar startup that helps creators and brands express their virtual identity; source: the deal closed two months ago for ~$100M  —  Google has acquired Alter, an artificial intelligence (AI) avatar startup that helps creators and brands express their virtual identity …

A look at the US government’s handwringing over TikTok and national security concerns, as China’s government seeks to protect its powerful app and algorithms (Washington Post)

Washington Post: A look at the US government’s handwringing over TikTok and national security concerns, as China’s government seeks to protect its powerful app and algorithms  —  The wildly popular app’s link to China has sparked fears over propaganda and privacy.  It’s also exposed America’s failure to safeguard the web.

Court filing: Mark Zuckerberg, Meta CTO Andrew Bosworth, Within CEO Chris Milk, and others to testify in the FTC case against Meta’s acquisition of Within (Ismail Shakil/Reuters)

Ismail Shakil / Reuters: Court filing: Mark Zuckerberg, Meta CTO Andrew Bosworth, Within CEO Chris Milk, and others to testify in the FTC case against Meta’s acquisition of Within  —  Meta Platforms Inc (META.O) Chief Executive Officer Mark Zuckerberg will testify in a case by the Federal Trade Commission (FTC) …

eMarketer: US advertisers are on track to spend $65.3B on Facebook, Twitter, and other social networks in 2022, up 3.6% YoY, which is ~10x slower than in 2021 (Financial Times)

Financial Times: eMarketer: US advertisers are on track to spend $65.3B on Facebook, Twitter, and other social networks in 2022, up 3.6% YoY, which is ~10x slower than in 2021  —  A decade-long era of breakneck growth in social media advertising has come to an abrupt halt.  Who killed the boom?

Community members greet MIT’s 18th president

On a warm, sunny afternoon last Thursday, MIT’s community gathered under a tent on Hockfield Court to meet the Institute’s next president, Sally Kornbluth. Amid a festive, celebratory atmosphere that included live music and fall treats, Kornbluth soaked in MIT’s culture; chatted with faculty, students, and staff; heard from members of MIT leadership; and took […]

Since its NYSE debut in November 2013, Twitter stock has grown 8.4% annually on average, below the S&P 500’s 11% and Nasdaq 100’s 15%, due to slow user growth (Bloomberg)

Bloomberg: Since its NYSE debut in November 2013, Twitter stock has grown 8.4% annually on average, below the S&P 500’s 11% and Nasdaq 100’s 15%, due to slow user growth  —  Elon Musk’s buyout marks the end of nine years of public trading in Twitter Inc., which debuted with a bang but failed to match […]

Elon Musk takes Twitter private, merging the company with X Holdings, delisting from NYSE, dissolving the board, and moving to cash-based employee compensation (Kate Conger/New York Times)

Kate Conger / New York Times: Elon Musk takes Twitter private, merging the company with X Holdings, delisting from NYSE, dissolving the board, and moving to cash-based employee compensation  —  The social media company went public in 2013.  But Elon Musk is taking it private as part of his acquisition of the firm.

A look at the ongoing Qualcomm-Arm legal dispute, as Qualcomm claims Arm plans to stop licensing its CPUs to semiconductor companies after 2024 (Dylan Patel/SemiAnalysis)

Dylan Patel / SemiAnalysis: A look at the ongoing Qualcomm-Arm legal dispute, as Qualcomm claims Arm plans to stop licensing its CPUs to semiconductor companies after 2024  —  No More External GPU, NPU, or ISP’s Allowed In Arm-Based SOCs  —  The Qualcomm-Arm saga is epic and there is a new massive update in the case.

Angela Koehler takes on the most challenging drug targets

Analyzing the genetic mutations linked with diseases such as cancer has yielded many potential drug targets. However, a significant number of these proteins are considered “undruggable,” mainly because their structure is too floppy for any kind of small-molecule drug to bind to it. Angela Koehler, an associate professor of biological engineering at MIT, has made […]

Helping blockchain communities fix bugs

If the crypto enthusiasts are right, the next decade will see billions of people begin using applications built off distributed, user-owned blockchains. The new paradigm has been dubbed Web 3. But Web 3 still has some significant challenges to overcome if it’s going to replace the digital world as we know it. Blockchain networks, for […]

Apple reports a record $11.5B in Mac revenue for Q4, up 25% YoY, and sets “a quarterly record for upgraders”, but expects a YoY decline in Q1 2023 (Andrew Orr/AppleInsider)

Andrew Orr / AppleInsider: Apple reports a record $11.5B in Mac revenue for Q4, up 25% YoY, and sets “a quarterly record for upgraders”, but expects a YoY decline in Q1 2023  —  Mac sales were strong during Apple’s September quarter amid a declining PC market, but the company expects Mac revenue to slow down […]

Global smartphone shipments fell 12% YoY to 301M units in Q3 2022, the lowest Q3 level since 2014; Apple was the only top-five brand to grow YoY, up 2% (Harmeet Singh Walia/Counterpoint Research)

Harmeet Singh Walia / Counterpoint Research: Global smartphone shipments fell 12% YoY to 301M units in Q3 2022, the lowest Q3 level since 2014; Apple was the only top-five brand to grow YoY, up 2%  —  – The global smartphone market declined by 12% YoY even as it grew by 2% QoQ to reach 301 […]

Classera, a San Francisco-based ed tech startup focused on the Middle East and Africa, raised a $40M Series A led by Sanabil, which is run by Saudi Arabia’s PIF (Yousef Saba/Reuters)

Yousef Saba / Reuters: Classera, a San Francisco-based ed tech startup focused on the Middle East and Africa, raised a $40M Series A led by Sanabil, which is run by Saudi Arabia’s PIF  —  Classera, an education technology company headquartered in San Francisco, said on Thursday it had raised $40 million from investors …

Pesticide innovation takes top prize at Collegiate Inventors Competition

On Oct. 12, MIT mechanical engineering alumnus Vishnu Jayaprakash SM ’19, PhD ’22 was named the first-place winner in the graduate category of the Collegiate Inventors Competition. The annual competition, which is organized by the National Inventors Hall of Fame, celebrates college and university student inventors. Jayaprakash won for his pesticide innovation AgZen-Cloak, which he […]