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May 12, 2024, 8:15 PM
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memeorandum
WeSmirchTop News
| New York Times: |
A look at how Elon Musk uses X to support right-wing world leaders like Narendra Modi who could help secure advantages for his businesses — Minutes after it became clear that Javier Milei had been elected president of South America's second-largest nation in November, Elon Musk posted on X: “Prosperity is ahead for Argentina.”| Lucas Shaw / Bloomberg: |
Sources: Apple has met with Hollywood talent representatives to propose a new performance-based compensation regime, as Amazon and Netflix work on similar plans — Apple builds a bonus system around sign-ups, viewer loyalty and production costs. — Good afternoon from 30,000 feet.
Threads: @lucas_shaw
| Nikkei Asia: |
Sources: Arm plans to set up an AI chip division, aiming to build a prototype by spring 2025, with mass production expected to start later in the year — CEO Son seeks to invest $64bn, including in data centers and robotics — TOKYO/LONDON — SoftBank Group subsidiary Arm will foray …
More: PCMag, MarketWatch, SiliconANGLE, Cryptopolitan, WinBuzzer, Tom's Hardware, Financial Express, The Decoder, and Reuters. X: @felixclc_
| Ju-min Park / Reuters: |
South Korea's Finance Minister Choi Sang-mok says the government is preparing a $7.3B+ support package for chip investments to win the “war” in the chip sector — South Korea is readying plans for a support package for chip investments and research worth more than 10 trillion won …
More: Bloomberg and International Business Times
| Henry Mance / Financial Times: |
Researcher Sonia Livingstone says constraining tech companies and empowering young people and parents are better alternatives to banning kids from social media — Social psychologist Sonia Livingstone says there are alternatives to banning the young from social media
X: @henrymance, @henrymance, @alecmuffett, @livingstone_s, and @ciesiolkiewicz. LinkedIn: Sonia Livingstone
| Melissa Korn / Wall Street Journal: |
A look at the rise and fall of 2U, which provides online degree programs for top US universities, and is valued at ~$30M today, down from $5B+ in 2018 — In May 2018, employees from education technology company 2U paraded through the streets of New Orleans, beads and booze abundant on their floats during a Mardi Gras-style procession.| Mark Gurman / Bloomberg: |
A look at the potential successors to Apple's top executives across all of the company's major divisions — Apple's management team is made up of longtime executives nearing the end of their tenures. That means a broad shake-up is increasingly likely.| Bloomberg: |
A look at professor-led crypto projects EigenLayer and Babylon, which seek to generate yield from cryptocurrencies, as “professor coins” spur investor interest — - EigenLayer, Babylon restaking efforts spurs investor interest — Both projects seek to generate yield from cryptocurrencies| Matthew Green / @matthew_d_green: |
Following attempts to malign Signal as insecure by Telegram's CEO and Elon Musk, a look at why Signal is widely regarded by experts as more secure than Telegram — Telegram has launched a pretty intense campaign to malign Signal as insecure, with assistance from Elon Musk. The goal seems to be to get activists to switch away from encrypted Signal to mostly-unencrypted Telegram. I want to talk about this a bit. 1/
Threads: @renee.diresta, @renee.diresta, @renee.diresta, and @renee.diresta
| Wes Davis / The Verge: |
What to expect at Google I/O 2024: Android 15 updates, more generative AI features for Google's apps, a new Gemini-powered “Pixie” digital assistant, and more — Google is preparing to hold its annual Google I/O developer conference next week, and naturally, it will be all about AI.
More: The Verge, Hindustan Times, WinBuzzer, CNET, Laptop Mag, Tom's Guide, TechCrunch, Wired, Gizmodo, Android Police, and TechRadar
Threads: @vishvanands. X: @8teapi, @glenngabe, @tkasasagi, @amoufarek, @_mira___mira_, @harambe_musk, and @aidan_mclau. Forums: r/singularity
| Keiichi Murayama / Nikkei Asia: |
Q&A with Oracle CEO Safra Catz on generative AI's risks and impact, providing cloud infrastructure to TikTok, the importance of workplace diversity, and more — In interview, top executive highlights AI's potential and importance of diversity — Oracle CEO Safra Catz (Photo obtained by Nikkei)
X: @jeff4malaysia, @nikkeiasia, and @stanphylcap
| Jasper Goodman / Politico: |
How Trump is courting crypto traders, as GOP becomes increasingly friendly toward crypto while key Democrats remain at odds and SEC cracks down on the industry — It's the first time crypto has become an issue in the general election of a presidential race.
More: Forbes, Benzinga, crypto.news, Bitcoin Insider, SWAMY WORLD, MarketWatch, Cryptopolitan, CoinDesk, CryptoPotato, CoinGape, Blockworks, and The Daily Hodl
Threads: @carnage4life, @moonhunterken, and @t.wllms
X: @frankdegods, @macdegods, @autismcapital, @mcuban, @ryansadams, @davidfbailey, @danheld, @3orovik, @eleanorterrett, @altcoindailyio, @jchervinsky, @samlyman33, @3orovik, and @autismcapital
Forums: r/CryptoCurrency, r/neoliberal, and r/politics
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