Suvashree Ghosh / Bloomberg:
The SEC says Do Kwon and Terraform Labs have withdrawn $100M+ in fiat currency from a Swiss bank since June 2022, after moving 10K+ Bitcoin out of a cold wallet — Crypto fugitive Do Kwon and the firm he founded transferred over 10,000 Bitcoin out of their doomed project and turned …
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Friday, February 17, 2023
The SEC says Do Kwon and Terraform Labs have withdrawn $100M+ in fiat currency from a Swiss bank since June 2022, after moving 10K+ Bitcoin out of a cold wallet (Suvashree Ghosh/Bloomberg)
Bulgaria and London-based Dronamics, which says it has a license to operate autonomous, long-range, cargo drones in Europe, raised a $40M pre-Series A (Mike Butcher/TechCrunch)
Mike Butcher / TechCrunch:
Bulgaria and London-based Dronamics, which says it has a license to operate autonomous, long-range, cargo drones in Europe, raised a $40M pre-Series A — Autonomous aircraft have long been thought of as having the most potential, though not in the realm of glitzy people-carrying drones so much as the more sedate world of cargo.
Lenovo posts its worst revenue fall in 14 years with Q3 revenue of $15.3B, down 24% YoY, and net income of $437M, down 32% YoY, and warns of job cuts (Josh Ye/Reuters)
Josh Ye / Reuters:
Lenovo posts its worst revenue fall in 14 years with Q3 revenue of $15.3B, down 24% YoY, and net income of $437M, down 32% YoY, and warns of job cuts — China's Lenovo Group Ltd (0992.HK) reported a 24% revenue decline for the third quarter, its largest revenue fall in 14 years as global demand …
Thursday, February 16, 2023
Adobe will need EU okay to acquire Figma, regulators say
A year on from Meta hyping the metaverse in a dystopian Super Bowl ad, enthusiasm for a virtual future has evaporated and Meta is now more focused on efficiency (Jemima Kelly/Financial Times)
Jemima Kelly / Financial Times:
A year on from Meta hyping the metaverse in a dystopian Super Bowl ad, enthusiasm for a virtual future has evaporated and Meta is now more focused on efficiency — Enthusiasm for a virtual future is draining away — and so is investment — Remember when we were all going to ditch our humdrum lives …
Jaime Rogozinski, who created r/WallStreetBets, sues Reddit, arguing the company breached its contract by removing him as a moderator in 2020 (Akane Otani/Wall Street Journal)
Akane Otani / Wall Street Journal:
Jaime Rogozinski, who created r/WallStreetBets, sues Reddit, arguing the company breached its contract by removing him as a moderator in 2020 — Jaime Rogozinski says site ousted him without claim; Reddit calls suit frivolous — WallStreetBets' founder is suing the site where it all began.
Sources: a China-based former ASML employee stole data from Teamcenter, a Siemens-made internal tool used to store technical info, in the past couple of months (Bloomberg)
Bloomberg:
Sources: a China-based former ASML employee stole data from Teamcenter, a Siemens-made internal tool used to store technical info, in the past couple of months — A China-based former employee of ASML Holding NV — a critical cog in the global semiconductor industry …
Microsoft reflects on the new Bing: 71% gave AI answers a thumbs up, Bing can become repetitive after 15+ questions, a few sessions over two hours, and more (Bing Blogs)
Bing Blogs:
Microsoft reflects on the new Bing: 71% gave AI answers a thumbs up, Bing can become repetitive after 15+ questions, a few sessions over two hours, and more — A little over a week ago, we shared an all new, AI-powered Bing search engine, Edge web browser, and integrated Chat, that we think of as Your Copilot for the Web.
A brief history of Rust, a programming language that emerged from a side project and has been instrumental in driving the shift toward memory safe programming (Clive Thompson/MIT Technology Review)
Clive Thompson / MIT Technology Review:
A brief history of Rust, a programming language that emerged from a side project and has been instrumental in driving the shift toward memory safe programming — For decades, coders wrote critical systems in C and C++. Now they turn to Rust. — Many software projects emerge because …
Wednesday, February 15, 2023
ED raids mobile app offices dealing in cryptocurrencies
Digital lending to pip traditional lending in unsecured loans segment by 2030: Report
Bankrupt crypto lender Celsius proposes a sale to investment firm NovaWulf, founded in 2021 by Wall Street dealmakers; smaller creditors may regain 70% of funds (Benjamin Robertson/The Block)
Benjamin Robertson / The Block:
Bankrupt crypto lender Celsius proposes a sale to investment firm NovaWulf, founded in 2021 by Wall Street dealmakers; smaller creditors may regain 70% of funds — - Proposed sale would see smaller creditors get around 70% of their money back — Larger creditors would become shareholders …
How to play YouTube videos with your smartphone screen turned off
An in-depth look at how OpenAI's ChatGPT decodes input queries to produce a "reasonable continuation" of the text, the underlying dataset, neural nets, and more (Stephen Wolfram Writings)
Stephen Wolfram Writings:
An in-depth look at how OpenAI's ChatGPT decodes input queries to produce a “reasonable continuation” of the text, the underlying dataset, neural nets, and more — It's Just Adding One Word at a Time — That ChatGPT can automatically generate something that reads even superficially …
Uniswap token holders vote to deploy to Binance's BNB blockchain using the Wormhole bridge, with 66% in favor, a move a16z voted to oppose with its 15M UNI (Sam Kessler/CoinDesk)
Sam Kessler / CoinDesk:
Uniswap token holders vote to deploy to Binance's BNB blockchain using the Wormhole bridge, with 66% in favor, a move a16z voted to oppose with its 15M UNI — Uniswap's community wants to bring the exchange to BNB Chain before copycats can launch identical competitors.
Experts say ChatGPT, Gemini, and other Western AI models are turbocharging Iran's cyber operations, helping it develop malware and launch phishing attacks (Jacob Judah/Financial Times)
Jacob Judah / Financial Times : Experts say ChatGPT, Gemini, and other Western AI models are turbocharging Iran's cyber operations, h...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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Noah Smith / Noahpinion : Americans express fear and negativity toward AI, often relying on bad arguments like water usage, a stark contr...