Monday, February 17, 2025

Sources: Wall Street banks led by Morgan Stanley have offloaded almost all of Elon Musk's $12.5B in loans used to buy Twitter, and now hold $1B+ in X debt (Financial Times)

Financial Times:
Sources: Wall Street banks led by Morgan Stanley have offloaded almost all of Elon Musk's $12.5B in loans used to buy Twitter, and now hold $1B+ in X debt  —  Investor perception of debt has changed since Donald Trump's election victory  —  Wall Street banks have rid themselves of almost …



New junior developers are reliant on Copilot, Claude, and other AI tools, meaning foundational coding knowledge is now missing, creating problems down the road (Namanyay Goel/N's Blog)

Namanyay Goel / N's Blog:
New junior developers are reliant on Copilot, Claude, and other AI tools, meaning foundational coding knowledge is now missing, creating problems down the road  —  100k+ views 70+ votes 50+ votes  —  Something's been bugging me about how new devs and I need to talk about it.



Chinese President Xi meets with Alibaba co-founder Jack Ma, Huawei founder Ren Zhengfei, and more, signaling Beijing's support for the long-marginalized sector (Bloomberg)

Bloomberg:
Chinese President Xi meets with Alibaba co-founder Jack Ma, Huawei founder Ren Zhengfei, and more, signaling Beijing's support for the long-marginalized sector  —  - Meeting signals a more supportive stance toward private firms  — Xi's presence marks a potentially powerful endorsement



Sunday, February 16, 2025

Tencent is testing DeepSeek for search in its messaging app Weixin, while Baidu plans to fully connect its search engine to DeepSeek and its own LLM Ernie (Reuters)

Reuters:
Tencent is testing DeepSeek for search in its messaging app Weixin, while Baidu plans to fully connect its search engine to DeepSeek and its own LLM Ernie  —  Tencent said on Sunday its (0700.HK) Weixin messaging app, China's largest, is allowing some users to search via DeepSeek's artificial …



Some Bolivians, frustrated with spotty internet from the state's China-built satellite, are smuggling in Starlink kits despite the country's ban in August 2024 (William Wroblewski/Rest of World)

William Wroblewski / Rest of World:
Some Bolivians, frustrated with spotty internet from the state's China-built satellite, are smuggling in Starlink kits despite the country's ban in August 2024  —  Bolivia, which relies on a Chinese-built satellite for some of its connectivity, banned Starlink — but that hasn't stopped people …



India's BharatNet program to provide broadband access to 650K villages by 2025 is set to fall short of its target, with only 199K having broadband as of January (Pooja Dash/IndiaSpend)

Pooja Dash / IndiaSpend:
India's BharatNet program to provide broadband access to 650K villages by 2025 is set to fall short of its target, with only 199K having broadband as of January  —  As of January 2025, only 1.99 lakh villages out of 6.5 lakh villages or 30.4% had broadband internet access



Saturday, February 15, 2025

Romance scams may rise as isolation grows and generative AI helps scammers scale; the FBI says US victims lost nearly $4.5B to such scams over the past decade (Wired)

Wired:
Romance scams may rise as isolation grows and generative AI helps scammers scale; the FBI says US victims lost nearly $4.5B to such scams over the past decade  —  Romance scams cost victims hundreds of millions of dollars a year.  As people grow increasingly isolated, and generative AI helps scammers scale …



Argentina's president Javier Milei backtracks on an X post promoting a memecoin called Libra, which rose to a $4.4B market cap before plunging by 95%+ (Oliver Knight/CoinDesk)

Oliver Knight / CoinDesk:
Argentina's president Javier Milei backtracks on an X post promoting a memecoin called Libra, which rose to a $4.4B market cap before plunging by 95%+  —  Milei deleted his original promotional tweet and revealed that he wasn't aware of its details.  —  What to know:



CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years (Katie Roof/Bloomberg)

Katie Roof / Bloomberg:
CB Insights: a record 1,200 VC-backed unicorns have yet to IPO or get acquired; Carta: fewer than 30% of 2021 unicorns raised funding in the past three years  —  The billion-dollar startup bubble is deflating, and more than $1 trillion in value is locked up in companies with dwindling prospects.



A profile of Watch Duty creator John Clarke Mills, who wants the fire-tracking app to become a one-stop shop for information during any disaster (Boone Ashworth/Wired)

Boone Ashworth / Wired:
A profile of Watch Duty creator John Clarke Mills, who wants the fire-tracking app to become a one-stop shop for information during any disaster  —  Watch Duty proved indispensable during the recent LA wildfires.  John Mills, the app's creator, wants it to be the one place to go for tracking disasters.



Friday, February 14, 2025

Sources: Mark Zuckerberg's overtures to President Trump have unsettled employees and are part of an effort to shift antitrust scrutiny off Meta and onto Apple (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC:
Sources: Mark Zuckerberg's overtures to President Trump have unsettled employees and are part of an effort to shift antitrust scrutiny off Meta and onto Apple  —  Mark Zuckerberg kicked off 2025 with an Instagram video that outlined his vision for what he called restoring “free expression” …



The doge.gov website tracking Elon Musk's cuts to the federal government pulls from a database editable by anyone, say two sources who found the vulnerability (Jason Koebler/404 Media)

Jason Koebler / 404 Media:
The doge.gov website tracking Elon Musk's cuts to the federal government pulls from a database editable by anyone, say two sources who found the vulnerability  —  The doge.gov website that was spun up to track Elon Musk's cuts to the federal government is insecure and pulls from a database …



Sources: the White House plans to renegotiate some Chips Act awards after reassessing requirements, and has signaled delays to some upcoming disbursements (Reuters)

Reuters:
Sources: the White House plans to renegotiate some Chips Act awards after reassessing requirements, and has signaled delays to some upcoming disbursements  —  The White House is seeking to renegotiate U.S. CHIPS and Science Act awards and has signaled delays to some upcoming semiconductor disbursements …



Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-world tasks like navigating rooms, trained on Qwen3-VL (Saritha Rai/Bloomberg)

Saritha Rai / Bloomberg : Alibaba's DAMO Academy releases RynnBrain, an open-source foundation model to help robots perform real-worl...