Posts by blatcho:

A report by Senator Warren’s office: fraud and scams are occurring more often on P2P payments app Zelle, with banks only reimbursing ~47% of defrauded customers (Ken Sweet/Associated Press)

Ken Sweet / Associated Press: A report by Senator Warren’s office: fraud and scams are occurring more often on P2P payments app Zelle, with banks only reimbursing ~47% of defrauded customers  —  Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according …

LA County arrests election software maker Konnech’s CEO Eugene Yu over the alleged theft of data on poll workers and says some data was found stored in China (Stuart A. Thompson/New York Times)

Stuart A. Thompson / New York Times: LA County arrests election software maker Konnech’s CEO Eugene Yu over the alleged theft of data on poll workers and says some data was found stored in China  —  The executive, Eugene Yu, and his firm, Konnech, have been a focus of attention among election deniers.

A factory for FrEDs at MIT

MIT is famous as a factory of ideas. You could also call MIT a factory for learning. But for one group of students over the past year MIT has been, in fact, a factory. The team of graduate students designed and built — entirely within an MIT lab — an assembly factory for a low-cost, […]

Elon Musk says buying Twitter “is an accelerant to creating X, the everything app”; Musk previously teased launching X.com as a social media site (Jeremy C. Owens/MarketWatch)

Jeremy C. Owens / MarketWatch: Elon Musk says buying Twitter “is an accelerant to creating X, the everything app”; Musk previously teased launching X.com as a social media site  —  Entrepreneur’s first big hit was with X.com, an online bank that was acquired by PayPal; he re-acquired the rights to the website …

Amazon is discontinuing Glow, its video calling device aimed at kids, amid lackluster sales and a shift in consumer behavior, after debuting it last year (Bloomberg)

Bloomberg: Amazon is discontinuing Glow, its video calling device aimed at kids, amid lackluster sales and a shift in consumer behavior, after debuting it last year  —  Amazon.com Inc. is discontinuing its pandemic-era kids’ video calling device amid lackluster sales and a shift in consumer behavior.

Meta debuts Instagram ads on the Explore page and tests ads in profile feeds, letting creators earn extra income, and a shorter ad format for Facebook Reels (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Meta debuts Instagram ads on the Explore page and tests ads in profile feeds, letting creators earn extra income, and a shorter ad format for Facebook Reels  —  Following another quarter that saw marketers pull back on their ad spending, Meta today announced it’s increasing its ad load on Instagram with […]

A diploma, a discovery, and an historic legacy

History and the future joined forces on Friday at a campus event honoring Robert Robinson Taylor, MIT’s first Black graduate and the first accredited Black architect in the United States. The gathering also highlighted new collaborations between MIT and Tuskegee University. The event featured remarks from former White House senior advisor Valerie Jarrett, who is Taylor’s […]

Four from MIT receive NIH New Innovator Awards for 2022

The National Institutes of Health (NIH) has awarded grants to four MIT faculty members as part of its High-Risk, High-Reward Research program. The program supports unconventional approaches to challenges in biomedical, behavioral, and social sciences. Each year, NIH Director’s Awards are granted to program applicants who propose high-risk, high-impact research in areas relevant to the […]

Horizon Blockchain Games, which develops the Sequence developer platform, Niftyswap marketplace, and Skyweaver trading card game, raised a $40M Series A (Hannah Miller/Bloomberg)

Hannah Miller / Bloomberg: Horizon Blockchain Games, which develops the Sequence developer platform, Niftyswap marketplace, and Skyweaver trading card game, raised a $40M Series A  —  Crypto winter has helped chill demand for nonfungible tokens, but that hasn’t stopped startups that use them from raising money.

Securiti, which helps companies manage data privacy, security, governance, and compliance, raised a $75M Series C, bringing its total funding to $155M (Ron Miller/TechCrunch)

Ron Miller / TechCrunch: Securiti, which helps companies manage data privacy, security, governance, and compliance, raised a $75M Series C, bringing its total funding to $155M  —  The combination of rapid data growth and expanding data regulations like GDPR and CCPA is putting a lot of pressure on companies to figure …

Learning on the edge

Microcontrollers, miniature computers that can run simple commands, are the basis for billions of connected devices, from internet-of-things (IoT) devices to sensors in automobiles. But cheap, low-power microcontrollers have extremely limited memory and no operating system, making it challenging to train artificial intelligence models on “edge devices” that work independently from central computing resources. Training […]

South Korean company Naver agrees to acquire Poshmark for $17.90 per share, representing an enterprise value of ~$1.2B; Poshmark stock rose 14%+ after hours (Kathryn Hardison/Wall Street Journal)

Kathryn Hardison / Wall Street Journal: South Korean company Naver agrees to acquire Poshmark for $17.90 per share, representing an enterprise value of ~$1.2B; Poshmark stock rose 14%+ after hours  —  The boards of both companies approved the transaction  —  Naver Corp. 035420 -1.53%▼ plans to acquire Poshmark Inc. …

US Treasury-led regulators release a report on digital assets calling on Congress to provide more resources to police crypto, regulate stablecoins, and more (Ephrat Livni/New York Times)

Ephrat Livni / New York Times: US Treasury-led regulators release a report on digital assets calling on Congress to provide more resources to police crypto, regulate stablecoins, and more  —  The Financial Stability Oversight Council said that the growing crypto market could pose risks to the broader financial system.

Some YouTube users say the service is asking them to purchase a Premium subscription to watch videos in 4K, a feature that is currently free for all users (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch: Some YouTube users say the service is asking them to purchase a Premium subscription to watch videos in 4K, a feature that is currently free for all users  —  YouTube’s Premium paid subscription includes benefits like ad-free viewing, video and song downloads for offline consumption, and background plays.

Innovation in the classroom

The 2022–23 school year is underway, and MIT’s instructors and teaching assistants are back in the classroom and laboratories. Each time they supplement their in-class lecture with a video, organize a new learning exercise, or even post their syllabi on Canvas, Sheryl Barnes hopes MIT Open Learning’s Residential Education group made their jobs easier. “Faculty […]

MIT events illuminate critical need for menstruation science

More than 70 MIT students, faculty, staff, and alumni gathered in MIT’s Killian Court recently to “Stand Up and Be Counted (for Women’s Health),” with a strong representation of individuals concerned about gynecology disorders such as endometriosis and adenomyosis. An estimated 20-25 percent of MIT women — about 2,000-2,500 total — are affected by one or more menstrual disorders in ways […]

Does mask-wearing affect behavior?

Since 2020, the Covid-19 pandemic has led to a global increase in the number of people wearing masks to limit the spread of illness. Now, new research co-authored by MIT scholars suggests that, in China at least, wearing masks also influences how people act. The research, conducted across 10 studies focused on deviant behavior — […]

A profile of Checkout.com founder and CEO Guillaume Pousaz, who owns 60% of the $40B London-based payments company and has begun investing in fintech startups (Ivan Levingston/Bloomberg)

Ivan Levingston / Bloomberg: A profile of Checkout.com founder and CEO Guillaume Pousaz, who owns 60% of the $40B London-based payments company and has begun investing in fintech startups  —  A college dropout from Switzerland has amassed a $14 billion fortune to become one of the country’s richest people by creating a rising star in […]

Immerok, which is building an Apache Flink-based cloud service for data streaming, raised a $17M seed led by CUSP Capital, 468 Capital, and others (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Immerok, which is building an Apache Flink-based cloud service for data streaming, raised a $17M seed led by CUSP Capital, 468 Capital, and others  —  In 2011, the Apache Software Foundation released Flink, a high-throughput, low-latency engine for streaming various data types.

Kim Kardashian settles with the SEC for $1.26M after not reporting a $250K payment to promote EthereumMax on Instagram and won’t promote crypto for three years (Mike Calia/CNBC)

Mike Calia / CNBC: Kim Kardashian settles with the SEC for $1.26M after not reporting a $250K payment to promote EthereumMax on Instagram and won’t promote crypto for three years  —  – Kim Kardashian agreed to pay more than $1 million to settle SEC charges for failing to disclose a payment she received for touting […]

From shutting down services only in Texas to letting users opt out of hateful content, tech companies are gaming out responses to the state’s social media law (Elizabeth Dwoskin/Washington Post)

Elizabeth Dwoskin / Washington Post: From shutting down services only in Texas to letting users opt out of hateful content, tech companies are gaming out responses to the state’s social media law  —  Experts said the measure, which bars companies from moderating content, could prove challenging for platforms to deal with

Sources: Celsius founder Alex Mashinsky withdrew $10M from the crypto lender weeks before the company froze user accounts; a source says ~$8M was used for taxes (Kadhim Shubber/Financial Times)

Kadhim Shubber / Financial Times: Sources: Celsius founder Alex Mashinsky withdrew $10M from the crypto lender weeks before the company froze user accounts; a source says ~$8M was used for taxes  —  Scrutiny of Alex Mashinsky grows after crypto lender was left with hole in balance sheet  —  Celsius Network founder Alex …

A look at the AI chatbots designed to improve mental health, like Wysa and Woebot, which have millions of users despite scant research to support their efficacy (Grace Browne/Wired)

Grace Browne / Wired: A look at the AI chatbots designed to improve mental health, like Wysa and Woebot, which have millions of users despite scant research to support their efficacy  —  With human therapists in short supply, AI chatbots are trying to plug the gap—but it’s not clear how well they work.  —  Bots […]

Tencent is no longer China’s most valuable company after its shares dropped 64% since Jan. 2021, wiping $623B in market value, more than any other firm globally (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg: Tencent is no longer China’s most valuable company after its shares dropped 64% since Jan. 2021, wiping $623B in market value, more than any other firm globally  —  Tencent Holdings Ltd. has lost its title as China’s biggest company to liquor giant Kweichow Moutai Co., the latest sign …

JD.com founder Richard Liu agreed to settle a US lawsuit filed by a former University of Minnesota student who alleged he raped her in 2018 (Amy Forliti/Associated Press)

Amy Forliti / Associated Press: JD.com founder Richard Liu agreed to settle a US lawsuit filed by a former University of Minnesota student who alleged he raped her in 2018  —  Chinese billionaire and JD.com founder Richard Liu agreed to settle a lawsuit filed by a former University of Minnesota student who alleged he raped […]

The UN Food Programme and the WHO say a nearly two-year internet and phone shutdown in Ethiopia’s Tigray region is hampering aid delivery and health monitoring (Zecharias Zelalem/Context)

Zecharias Zelalem / Context: The UN Food Programme and the WHO say a nearly two-year internet and phone shutdown in Ethiopia’s Tigray region is hampering aid delivery and health monitoring  —  As fighting rages on in Ethiopia’s war-torn Tigray region, one of the world’s longest telecommunications shutdowns is hampering aid deliveries …

Wiggling toward bio-inspired machine intelligence

Juncal Arbelaiz Mugica is a native of Spain, where octopus is a common menu item. However, Arbelaiz appreciates octopus and similar creatures in a different way, with her research into soft-robotics theory.  More than half of an octopus’ nerves are distributed through its eight arms, each of which has some degree of autonomy. This distributed […]