Sources: Cantor Fitzgerald plans a $2B+ program to lend USD to clients who put up bitcoin as collateral and is talking with Tether about supporting the program (Bloomberg)

Insurance broker Howden: cyberattacks have cost UK businesses ~£44B in the past five years and 52% of private sector companies have reported at least one attack (Carolyn Cohn/Reuters)

Carolyn Cohn / Reuters: Insurance broker Howden: cyberattacks have cost UK businesses ~£44B in the past five years and 52% of private sector companies have reported at least one attack  —  Cyberattacks have cost British businesses around 44 billion pounds ($55.08 billion) in lost revenue in the past five years …

Published: 2024-11-25 11:45:02

Airbnb plans to let tenants in nearly 1,500 flats owned by Greystar in London to sublet homes on a part-time basis, expanding on a 2022 Greystar partnership (Eri Sugiura/Financial Times)

Eri Sugiura / Financial Times: Airbnb plans to let tenants in nearly 1,500 flats owned by Greystar in London to sublet homes on a part-time basis, expanding on a 2022 Greystar partnership  —  Concept aims to counter criticism that the platform contributes to housing crises in big tourist destinations

Published: 2024-11-25 11:20:02

US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; CompTIA: developer job listings are down 56% since 2019 (Sarah Kessler/New York Times)

Sarah Kessler / New York Times: US coding boot camp graduates are facing a tough job market due to AI coding tools and mass layoffs; CompTIA: developer job listings are down 56% since 2019  —  Coding boot camps once looked like the golden ticket to an economically secure future.  But as that promise fades, what should you do?

Published: 2024-11-25 10:55:01

Sources: Sony is in the early stages of developing a portable console to play PS5 games, building on the PlayStation Portal, although its launch is years away (Bloomberg)

Bloomberg: Sources: Sony is in the early stages of developing a portable console to play PS5 games, building on the PlayStation Portal, although its launch is years away  —  - Nintendo's Switch has dominated mobile console space for years  — Rival Microsoft is also developing portable gaming prototypes

Published: 2024-11-25 10:35:00

A skeptical look at the new AI scaling "laws", including post-train duration and "inference time compute", and why they may fail to predict AI model performance (Gary Marcus/Marcus on AI)

Gary Marcus / Marcus on AI: A skeptical look at the new AI scaling “laws”, including post-train duration and “inference time compute”, and why they may fail to predict AI model performance  —  Scaling laws ain't what they used to be  —  “If anything we are seeing the emergence of a new scaling law …

Published: 2024-11-25 08:50:03

A look at the rise of super clusters that use ~100K Nvidia GPUs for training giant AI models and the new engineering challenges arising from such clusters (Asa Fitch/Wall Street Journal)

Asa Fitch / Wall Street Journal: A look at the rise of super clusters that use ~100K Nvidia GPUs for training giant AI models and the new engineering challenges arising from such clusters  —  Musk's xAI and Meta are among firms building clusters of advanced chips  —  Tech titans have a new way to measure who is winning …

Published: 2024-11-25 07:05:05

A bitcoin strategic reserve is a resilience strategy for the "hodlers", not the US state, as a bet on bitcoin is bullish on permanent institutional collapse (Brendan Greeley/Financial Times)

Brendan Greeley / Financial Times: A bitcoin strategic reserve is a resilience strategy for the “hodlers”, not the US state, as a bet on bitcoin is bullish on permanent institutional collapse  —  It is a resilience strategy for the ‘hodlers’, not the US state  —  In July, Cynthia Lummis, a US senator from Wyoming …

Published: 2024-11-25 05:10:01

Sources: Intel, the biggest recipient of CHIPS Act money, will see its funding drop to less than $8B from the $8.5B that the US announced earlier in 2024 (New York Times)

New York Times: Sources: Intel, the biggest recipient of CHIPS Act money, will see its funding drop to less than $8B from the $8.5B that the US announced earlier in 2024  —  The Biden administration is reducing its award to the pioneering chip maker to less than $8 billion, from $8.5 billion.

Published: 2024-11-25 02:25:05

A look at the shortcomings of Google's Tensor SoC for Pixel devices, with four generations failing to impress in key performance and power efficiency metrics (Robert Triggs/Android Authority)

Robert Triggs / Android Authority: A look at the shortcomings of Google's Tensor SoC for Pixel devices, with four generations failing to impress in key performance and power efficiency metrics  —  Would future Pixels be better of returning to Snapdragon?  —  •  —  Thanks to an unprecedented leak from Google's gchips division …

Published: 2024-11-25 01:55:01

Sources: Marc Andreessen, Travis Kalanick, and more are involved in the Department of Government Efficiency; Andreessen is acting as a networker for recruitment (Washington Post)

Washington Post: Sources: Marc Andreessen, Travis Kalanick, and more are involved in the Department of Government Efficiency; Andreessen is acting as a networker for recruitment  —  The Tesla executive and the former presidential candidate are meeting with staff and interviewing experts as they plan for massive federal cuts.

Published: 2024-11-25 00:20:01

Shares of Japan's Fujikura, which specializes in fiber optic cables for data centers, are up 400%+ in 2024 due to the AI boom, leading the Nikkei 225 index (Aya Wagatsuma/Bloomberg)

Aya Wagatsuma / Bloomberg: Shares of Japan's Fujikura, which specializes in fiber optic cables for data centers, are up 400%+ in 2024 due to the AI boom, leading the Nikkei 225 index  —  - Fujikura has benefited from surging demand for data centers  —  The global boom in AI has turned an obscure 139-year-old Japanese company into a stock-market star.

Published: 2024-11-24 23:30:02

Investigation: how hack-for-hire Appin tried silencing 15+ outlets since 2022 over articles, newsletters, and podcasts covering Appin's "ethical hacking" (Reporters Without Borders)

Reporters Without Borders: Investigation: how hack-for-hire Appin tried silencing 15+ outlets since 2022 over articles, newsletters, and podcasts covering Appin's “ethical hacking”  —  Whether based in the US, Switzerland, France or India, any media outlet investigating the “ethical hacking” of Appin …

Published: 2024-11-24 22:00:31

A profile of Chris Maurice, the CEO of US stablecoin startup Yellow Card, which operates in 20 African countries and has traded $3B+ worth of crypto in 2024 (David Pan/Bloomberg)

David Pan / Bloomberg: A profile of Chris Maurice, the CEO of US stablecoin startup Yellow Card, which operates in 20 African countries and has traded $3B+ worth of crypto in 2024  —  Cryptocurrencies that track the dollar are becoming a popular workaround for companies stymied by currency shortages on the continent.

Published: 2024-11-24 20:20:02

Q&A with US Commerce Secretary Gina Raimondo on what happens to the $50B CHIPS program under the Trump administration, the future of AI safety, China, and more (Steven Overly/Politico)

Steven Overly / Politico: Q&A with US Commerce Secretary Gina Raimondo on what happens to the $50B CHIPS program under the Trump administration, the future of AI safety, China, and more  —  With a massive legacy program hanging in the balance, the Commerce secretary wants to get billions in microchip money out the door in the next two months.

Published: 2024-11-24 18:30:02