Musk’s chief concern will be whether he can align his philosophical affection for decentralization with the need to turn Twitter into a profitable business. He has previously expressed a desire to open source the Twitter algorithm in the name of transparency, but ceding control of the algorithm (the mechanism by which people are kept on… Continue reading Twitter Had a Plan to Fix Social Media. Will Elon Musk Follow It?
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30 Outdoor Gift Ideas (2022): Binoculars, Helmets, Trekking Poles
Got friends and loved ones who love to camp, hike, trail run, fish, or hunt? The experience is the whole point, but many outdoorsy people love to geek out over all the cool gear released every year. Not every gift has to be useful in the backcountry (although those are certainly appreciated). Their favorite gift… Continue reading 30 Outdoor Gift Ideas (2022): Binoculars, Helmets, Trekking Poles
Elon Musk is reportedly planning to cut Twitter’s workforce in half
The mass layoffs Twitter employees have been bracing for since Elon Musk began his takeover may be on the horizon. According to Bloomberg, the website’s new owner and “Chief Twit” is planning to cull 3,700 employees from the company’s workforce, which would cut its number of staff members in half, in an effort to cut… Continue reading Elon Musk is reportedly planning to cut Twitter’s workforce in half
Twitter cancels Chirp developer conference two weeks before it was scheduled to begin
In another sign of the upheaval happening internally at Twitter, the company has called off its Chirp developer conference just two weeks before it was scheduled to take place on November 16th. The company alerted developers and other attendees in a brief note that didn’t provide a reason for the cancellation. “The team at Twitter… Continue reading Twitter cancels Chirp developer conference two weeks before it was scheduled to begin
Meta will allow creators to sell NFTs directly on Instagram
Meta is expanding its support for NFTs in a major way. The company is now allowing some creators to make and sell digital collectibles directly on Instagram, Meta announced during its Creator Week event. The platform has been experimenting with NFTs on Instagram and Facebook since last year. But up until now, Instagram users have… Continue reading Meta will allow creators to sell NFTs directly on Instagram
The NYPD is joining Ring’s neighborhood watch app amid privacy and racial profiling concerns
One of the most recognizable police forces is joining Ring’s Neighbors app. The New York Police Department has announced that it will participate in Ring’s neighborhood watch tool. Officers won’t look for posts “around the clock,” but they will respond to users’ crime and safety concerns, post notices and ask for help with “active police… Continue reading The NYPD is joining Ring’s neighborhood watch app amid privacy and racial profiling concerns
Elizabeth Warren wants regulators to examine Big Tech’s expansion into autos
Elizabeth Warren is calling for more federal oversight of Big Tech. In a letter (PDF link) the Democratic senator sent on Tuesday, she asked the Federal Trade Commission and Department of Justice to look into Google, Apple and Amazon’s expansion into the automotive industry. Warren claims the three companies are using their positions in mobile… Continue reading Elizabeth Warren wants regulators to examine Big Tech’s expansion into autos
Saudi’s Neom invests $175m in German aviation startup VolocopterThe investment was part of the additional $182m that Neom raised in Series E round.
Neom, the smart and sustainable regional development in northwest Saudi Arabia, announced that it has invested $175 million in German urban air mobility startup Volocopter. The investment was part of the additional $182 million that Neom raised in its Series E funding round, which was also participated by Hong Kong’s GLy Capital Management. In March,… Continue reading Saudi’s Neom invests $175m in German aviation startup VolocopterThe investment was part of the additional $182m that Neom raised in Series E round.
Japan’s Sumitomo Mitsui to boost stake in Philippines’ RCBC for $460m
Japan’s Sumitomo Mitsui Financial Group Inc said on Wednesday it would buy an additional 15% stake in the Philippines’ Rizal Commercial Banking Corp (RCBC) for about $460 million. The move is part of a drive by Japan’s second-largest lender to capture growth in Asian emerging markets through acquisitions, spurred on by limited business opportunities at… Continue reading Japan’s Sumitomo Mitsui to boost stake in Philippines’ RCBC for $460m
France, Singapore, Switzerland jointly test central bank digital currencies
France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs) in the first cross-regional trial of its kind. The project, which will run for around six months, will use what is known as automated market makers (AMM) for the cross-border exchange of “hypothetical” Swiss franc, euro and Singapore dollar CBDCs. AMM… Continue reading France, Singapore, Switzerland jointly test central bank digital currencies