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December 25, 2018, 9:55 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 … | 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:
SiliconANGLE, Yahoo! Finance, The Block, CryptoGlobe, Cointelegraph.com News, and Bitcoinist.com
Tweets: @coindesk, @excellion, and @hernzzzzzz
| 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.| 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
| Zachary Fryer-Biggs / Wired: |
Sources describe DOD's plan to win “hearts and minds” in Silicon Valley, amid frustration and anger inside the Pentagon after Google pulled out of Project Maven — THE AMERICAN MILITARY is desperately trying to get a leg up in the field of artificial intelligence …
Tweets: @wired, @lizthegrey, @nxthompson, and @bentarnoff
| 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
| Reuters: |
Israel will give Intel a $185M grant for a planned $5B expansion of its production operations in the country, expects the company to hire 250 new employees — JERUSALEM (Reuters) - Israel will give Intel Corp (INTC.O) a 700 million shekel ($185 million) grant in return for a planned $5 billion expansion …
More:
SiliconANGLE, CTECH, Globes Online, and The Times of Israel
| 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.| 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.Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Zoho:
Ask an Expert: How to effectively recover stuck TDS refunds with reduced TDS reconciliation time — The 26AS/Form 168 gets updated quarterly and often gets checked only during the time of ITR filing.
Ask an Expert: How to effectively recover stuck TDS refunds with reduced TDS reconciliation time — The 26AS/Form 168 gets updated quarterly and often gets checked only during the time of ITR filing.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Soxton:
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Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!Featured Podcasts
Training Data:
Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Invest Like the Best:
Andrew Huberman - The Frontier of Neurotechnology
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Big Technology Podcast:
Who Wins The AI Assistant Wars? + Why Didn't Google Build Muse?
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Sources:
Reflection's founders on building a DeepSeek of the West
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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Grit:
How Vercel Is Rethinking Go-to-Market With AI | COO Jeanne Grosser
Grit explores what it takes to create, build and scale world-class organizations.
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Lenny's Podcast:
OpenAI's Head of ChatGPT: We're entering a new era of AI (again) | Tibo Sottiaux
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
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