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December 26, 2018, 8:05 AM
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| 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:
PYMNTS.com, CoinSpeaker, NullTX, CCN, Crowdfund Insider, Gizmodo, and NewsBTC
Tweets: @teddyschleifer, @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.
More:
Android Authority, Wall Street Journal, and Digital Trends
Tweets: @nytimesbusiness and @nytimesbusiness
| 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.| 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:
CoinGeek, SiliconANGLE, CryptoGlobe, The Block, Yahoo! Finance, Cointelegraph.com News, and Bitcoinist.com
Tweets: @coindesk, @excellion, and @hernzzzzzz
| 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 … | 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
| 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.| 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
| Nisha Chittal / Vox: |
How indie bookstores are thriving by using Instagram to build communities, and creating “Instagram walls” that often lead to viral photos and free marketing — Stores like Books Are Magic and the Last Bookstore are benefiting from love on #bookstagram. — The internet is killing independent bookstores.| Rita Liao / TechCrunch: |
Chinese startup Yuanfudao, which provides a homework help app, live courses, and a database of exam problems, raises $300M led by Tencent at a $3B+ valuation — Academic exams are a big deal in China as they determine the kind of universities, high schools and elementary schools that students …
Tweets: @caixin
| Mara Hvistendahl / MIT Technology Review: |
Chinese tech companies have thrived thanks to government incentives that allowed them to grow, but government ties can also prove problematic as they go global — Multibillion-dollar companies like Alibaba and Tencent have thrived thanks to a government that provided incentives but otherwise let them grow.
Tweets: @billywhizz1970, @mowindigital, @j_b_c16, @thealfredwong, @marahvistendahl, @megbal2712, @baezbit, and @baezbit
| Daniel Frankel / Multichannel News: |
Google says Android TV has now been deployed by 100+ pay TV operators worldwide and is used by “tens of millions” of customers, mostly in Europe and Asia — Google's open video operating system proliferates as AT&T readies deployment of set-top powered by platform in the U.S.Sponsor Posts
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Mastodon:
Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.
Donate to Mastodon — Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you. Donate directly with a credit card or through Patreon.Who's Hiring In Tech?
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