Monday, December 2, 2024

Social media videos documenting layoffs are now commonplace, especially by younger workers, creating headaches for companies; TikTok's #layoff has 32K+ posts (Cristina Criddle/Financial Times)

Cristina Criddle / Financial Times:
Social media videos documenting layoffs are now commonplace, especially by younger workers, creating headaches for companies; TikTok's #layoff has 32K+ posts  —  Gen Z workers posting redundancy videos are trending — but can harm their future prospects  —  An unexpected online meeting appeared …



CoinGecko: Ripple-linked XRP's market cap reaches $137B to become the third-largest cryptocurrency, up from less than $30B on November 5 when Trump won (Sidhartha Shukla/Bloomberg)

Sidhartha Shukla / Bloomberg:
CoinGecko: Ripple-linked XRP's market cap reaches $137B to become the third-largest cryptocurrency, up from less than $30B on November 5 when Trump won  —  - The cryptocurrency gained as much as 15% Monday to hit $2.50  — Since the US election it has added over $100 billion in value



The US adds new restrictions on transferring HBM chips to China, the fourth US attempt in three years to curb China, and adds 140 companies to its blacklist (Wall Street Journal)

Wall Street Journal:
The US adds new restrictions on transferring HBM chips to China, the fourth US attempt in three years to curb China, and adds 140 companies to its blacklist  —  Export of memory chips used in AI applications is restricted, but delayed announcement gives Chinese companies chance to stock up



Sunday, December 1, 2024

Meta will require advertisers to be verified before they can run ads targeting Australian users with financial services, starting in early February 2025 (Josh Taylor/The Guardian)

Josh Taylor / The Guardian:
Meta will require advertisers to be verified before they can run ads targeting Australian users with financial services, starting in early February 2025  —  Exclusive: Businesses to require financial services license number to post Facebook ads, while individuals will need government-issued ID



Q&A with Nokia CEO Pekka Lundmark on Nokia's failure in mobile phones, moving from mobile and fixed networks into data centers and defense, 5G, and more (Bloomberg)

Bloomberg:
Q&A with Nokia CEO Pekka Lundmark on Nokia's failure in mobile phones, moving from mobile and fixed networks into data centers and defense, 5G, and more  —  Pekka Lundmark sees opportunities for the Finnish communications company to grow in defense and data centers.



How Indigenous engineers are using AI to preserve Native American languages, building speech recognition models for over 200 endangered Indigenous languages (Iris Kim/NBC News)

Iris Kim / NBC News:
How Indigenous engineers are using AI to preserve Native American languages, building speech recognition models for over 200 endangered Indigenous languages  —  Indigenous languages are rapidly disappearing, and AI could help preserve them, according to Indigenous technologists.



A profile of SK Group Chairman Chey Tae-won, who made a highly risky bet to acquire debt-ridden Hynix in 2012 to form SK Hynix, which is now valued at ~$80B (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
A profile of SK Group Chairman Chey Tae-won, who made a highly risky bet to acquire debt-ridden Hynix in 2012 to form SK Hynix, which is now valued at ~$80B  —  The race to win the AI chip market is akin to Squid Game, quipped an industry insider during a lunch meeting recently.  It's intense.



Internal docs: in early 2021, Google's lawyers, policy team, and more worried that its $1.2B Project Nimbus deal with Israel may enable human rights violations (Nico Grant/New York Times)

Nico Grant / New York Times : Internal docs: in early 2021, Google's lawyers, policy team, and more worried that its $1.2B Project Ni...