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December 25, 2018, 4:25 PM
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memeorandum
WeSmirchTop News
| Alastair Marsh / Bloomberg: |
Crypto efforts of Goldman Sachs, Morgan Stanley, Barclays, and others are in limbo after bitcoin's months-long fall and weak demand from institutional clients — Goldman Sachs, Morgan Stanley and many more built it. But they didn't come. — Limbo—that's where to find Wall Street when it comes to cryptocurrencies.
More:
NullTX, CCN, CoinSpeaker, Crowdfund Insider, Gizmodo, NewsBTC, and The Block
Tweets: @profjeffjarviss and @counternotions
| Raymond Zhong / New York Times: |
As Huawei comes under government scrutiny worldwide, a look at the company's aggressive culture that encouraged employees to bend the rules, up to a point — SHENZHEN, China — Earthquakes, terrorist attacks and low oxygen levels on Mount Everest could not hold them back.| Abrar Al-Heeti / CNET: |
Despite challenges in penetrating the US market, Huawei says it has shipped over 200M smartphones in 2018 globally, up from last year's 153M units — Huawei has set a record for itself by shipping more than 200 million smartphones in 2018, the company said in a statement Sunday.
More:
TechNode, Android Authority, Washington Post, Digital Trends, ZDNet, Gizchina, and VentureBeat
| Justin Lynch / Fifth Domain: |
How a US shutdown affects its cybersecurity workforce: NIST among worst-hit agencies with 85% staff furloughed, DNI's analysis and operations staff cut by 60% — America's federal cybersecurity workforce will see sharp reductions if Congress fails to pass a spending bill to keep the government open … | Wall Street Journal: |
As Snap's stock hovers near its all-time low, sources describe Spiegel's instinctual and imperious style that can stifle dissent and led to the redesign debacle — Snap, once seen as a viable competitor to Facebook, is struggling after the CEO ignored warnings about a redesign that proved unpopular
More:
Business Insider, 9to5Mac, Silicon Valley Business …, Business Insider, iPhone Hacks, and Axios
Tweets: @moorehn, @carnage4life, @jwangark, @wsj, @eliotwb, @sajithpai, and @jposhaughnessy
| Karen Weise / New York Times: |
Rakuten: Amazon's share of US online sales can dip to ~20% around Thanksgiving only to soar to ~50% before Christmas, as users trust Amazon to deliver on time — SEATTLE — Olivia Zimmermann started her holiday shopping early this year, buying a Bluetooth speaker from Best Buy for her sister.| Wolfie Zhao / CoinDesk: |
Crypto mining startup Bitmain confirms layoffs, which, source says, may affect half of its total headcount, with some departments being laid off entirely — Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain …
More:
Yahoo! Finance, CryptoGlobe, Cointelegraph.com News, The Block, and Bitcoinist.com
Tweets: @coindesk and @hernzzzzzz
| Rita Liao / TechCrunch: |
WeChat adds a Snapchat-like Stories feature called Time Capsule that lets users upload videos of up to 15 seconds that disappear after 24 hours — WeChat, the Chinese messaging giant with over 1 billion monthly active users around the world, just added a Snap-like ephemeral video feature as part of its biggest overhaul since 2014.| Alex Howard / E Pluribus Unum: |
Congress passes the Open Government Data Act, which requires public information to be open to the public by default in a machine readable format — On December 21, 2018, the United States House of Representatives voted to enact H.R. 4174, the Foundations for Evidence-Based Policymaking Act of 2017 … | Kyle Wiggers / VentureBeat: |
Artificial general intelligence is far from being a reality because AI systems of today do not use intrinsic knowledge about the world to predict and plan — Forecasting musical taste. Detecting metastatic tumors. Generating synthetic scans of brain cancer. Creating virtual environments from real-world videos.
Tweets: @bgurley
| Matt Sheehan / MIT Technology Review: |
A history of Google's relationship with China from its first foray in 2006 to Project Dragonfly, and how Google hopes to reenter China in the era of AI — It used to be that while Google wanted China, China really needed Google. Not any more. — Google's first foray into Chinese markets was a short-lived experiment.
More:
The Intercept
| Bärí a. Williams / Fast Company: |
The First Step Act, which seeks to reform the federal criminal justice system, risks perpetuating racial and class disparities due to its reliance on algorithms — The road to hell is paved with good intentions. Often in a rush of excitement and eagerness to solve a problem …
Tweets: @nrookie
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