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RE: LeoThread 2024-08-25 12:28

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Here is the daily technology #threadcast for 8/25/24. We aim to educate people about this crucial area along with providing information of what is taking place.

Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.

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🚨 The AI Singularity & Crypto 🚨

Imagine a superintelligent AI flooding the crypto world with bots, amassing a $2 trillion digital treasury! 🤖💰 As AI surpasses human intelligence, it could reshape global markets. Are we ready for this future? 🌐

#Crypto #AI #Singularity #Blockchain

🔗Source in comments

Stephen Wolfram thinks we need philosophers working on big questions around AI

As AI developers and others start to think more deeply about how computers and people intersect, Stephan Wolfram says it is becoming a much more of a philosophical exercise

Stephen Wolfram thinks we need philosophers working on big questions around AI
As AI developers and others start to think more deeply about how computers and people intersect, Stephan Wolfram says it is becoming a much more of a philosophical exercise

#ai #technology #philosophy #stephenwolfman

Wolfram was something of a child prodigy, publishing his first scientific paper at 15 and graduating from Caltech with a doctorate at 20. His impressive body of work crosses science, math and computing: He developed Mathematica, Wolfram Alpha and the Wolfram Language, a powerful computational programming language.

“My main life work, along with basic science, has been building our Wolfram language computational language for the purpose of having a way to express things computationally that’s useful to both humans and computers,” Wolfram told TechCrunch.

As AI developers and others start to think more deeply about how computers and people intersect, Wolfram says it is becoming much more of a philosophical exercise, involving thinking in the pure sense about the implications this kind of technology may have on humanity. That kind of complex thinking is linked to classical philosophy.

“The question is what do you think about, and that’s a different kind of question, and it’s a question that’s found more in traditional philosophy than it is in the traditional STEM,” he said.

Telegram founder Pavel Durov reportedly arrested in France

Pavel Durov, founder and CEO of messaging app Telegram, was arrested on Saturday evening while leaving his private jet at France’s Bourget airport,

Pavel Durov, founder and CEO of messaging app Telegram, was arrested on Saturday evening while leaving his private jet at France’s Bourget airport, according to French television network TF1.

Reports of Durov’s arrest sparked widespread discussion and speculation on social media, including on Telegram itself, though news reports have been largely based on unnamed police sources. Neither Telegram nor a spokesperson for France’s national anti-fraud office ONAF responded to a request for comment.

#telegram #paveldurov #arrest #newsonleo

The Russian embassy in France said it had asked for an explanation but had not heard back from French authorities.

According to TF1, Durov faced a warrant in France based on a preliminary police investigation. The French authorities reportedly claim that Telegram’s lack of content moderation and unwillingness to cooperate with law enforcement make Durov an accomplice to the drug trafficking, money laundering, and sharing of child pornography that allegedly occur via the app.

The reported arrest will likely fuel further debate around the extent to which messaging apps should be held responsible (legally and otherwise) for the messages their users share.

Forbes estimates Durov’s net worth at $15.5 billion. Although born in Russia, he left the country in 2014 after resisting government pressure to release data about Ukrainian protest leaders from his previous social network Vkontakte. Durov now lives in Dubai, where Telegram is based, and his plane was reportedly flying in from Azerbaijan.

Durov said last month that Telegram had 950 million active users, with a goal of reaching 1 billion this year. At the same time, the company claims to have around only 30 engineers — a very small team for an app of Telegram’s scale, likely making Durov even more important to the company’s operation.

The Guardian: Apple Intelligence is coming. Here’s what it means for your iPhone



https://www.theguardian.com/technology/article/2024/aug/24/apple-intelligence-iphone-ios-18-siri-chat-gpt-launch

BBC: Blockbuster Chinese video game tried to police players - and divided the internet



https://www.bbc.com/news/articles/cnvyre936zvo

BBC: Smart particle could hold climate change key



https://www.bbc.com/news/articles/czrgy5vz0zyo

BBC: SpaceX will return stranded astronauts next year



https://www.bbc.com/news/articles/cwy47w9yndpo

CNBC: Meta says it found WhatsApp accounts linked to Iranian hackers targeting Biden, Trump officials



https://www.cnbc.com/2024/08/23/meta-says-whatsapp-accounts-tied-to-iran-hackers-targeted-biden-trump.html

The fallout after Bolt’s aggressive fundraising attempt has been wild

After fintech Bolt surprised the industry with a leaked term sheet that revealed it is trying to raise at a $14 billion valuation, things got weird.

his past week was a wild one in the world of fintech as Bolt surprised the industry with a leaked term sheet that revealed it is trying to raise $200 million in equity and an unusual, additional $250 million in “marketing credits.”

As part of this deal, Bolt wanted a $14 billion valuation bolstered by an aggressive pay-to-play type cramdown that would try and force its existing investors to cough up more cash, too, or essentially lose their stakes to a 1 cent per share buyout.

#technology #bolts #technology #fintech

The industry responded with a collective “We’ll see about that.”

Brad Pamnani, an investor who is spearheading the proposed $200 million equity investment deal, told TechCrunch on Thursday that shareholders have until the end of next week to indicate whether or not they plan to write checks into the new funding round.

To backtrack to the beginning: on August 20, the Information reported that one-click checkout startup Bolt was close to raising another $450 million at a potential $14 billion valuation. That would have been shocking if wholly true, but as more info emerged about this proposed deal, the details were not that straightforward.

The 12 biggest take-private PE acquisitions so far this year in tech

Private equity firms have been busy this year -- here's a look at some of the biggest take-private deals so far in 2024.

The private equity realm has been pretty active so far in 2024, serving as a powerful “alternative” source of liquidity for technology startups and scale-ups in search of an exit. Just this month, TechCrunch reported that EQT had picked up a majority stake in cybersecurity firm Acronis at a valuation of around $4 billion, following in the footsteps of another exit, in which EQT snapped up enterprise middleware company WSO2 for $600 million.

#technology #privateequity #fintech

However, private equity has also been busy in the public markets, with some big deals going down to transform underperforming companies with strong growth prospects. According to PitchBook, there were 136 take-private deals led by private equity firms in 2023, up 15% on the previous year. New data provided to TechCrunch by PitchBook indicates that so far in 2024, there have been 97 such deals, meaning we’re roughly on course to match last year’s figure (give or take) if the current trajectory holds.

Of the take-private deals that have closed so far in 2024, 46 belong to the technology sector. TechCrunch has filtered through these transactions to identify deals specifically focused on product-centric companies (rather than IT consultancies or services firms), and pulled out all the acquisitions valued at $1 billion or more.

Starliner will return to Earth uncrewed, astronauts staying on ISS until February

Boeing’s Starliner mission is coming back to Earth — empty. After months of data analysis and internal deliberation

Boeing’s Starliner mission is coming back to Earth — empty.

After months of data analysis and internal deliberation, NASA leadership announced today that Starliner will be coming back to Earth in September, without a crew. Meanwhile, astronauts Butch Wilmore and Sunita Williams will remain on-board the International Space Station until February 2025, when they will return on SpaceX’s Dragon spacecraft as part of the Crew-9 mission.

#space #newsonleo #boeing #starliner

NASA noted that while the astronauts’ eight-month stay on the ISS will be longer than expected, others have remained on the ISS for as long as 12 months. While there, Wilmore and Williams will be involved in research, station maintenance, and potentially a few spacewalks.

Boeing launched the first crewed Starliner mission — a test mission — on June 5, with issues starting around 24 hours later. In the final phase of approach to the ISS, five of the 28 thrusters on Starliner went offline, and several helium leaks sprung up in the spacecraft’s propulsion system. Since then, NASA and Boeing engineers have been engaged in a root cause analysis, conducting tests of the thrusters onboard the spacecraft and testing a replica engine here on Earth.

Open source software is immune to geopolitics.

And a classy #joke ;)

Travly lets travelers submit videos for a chance to earn a 5% commission from hotel bookings

Travly is a new social-first discovery and hotel booking platform designed to cater to the growing number of travelers who rely on short-form video Travly is a new social-first discovery and hotel booking platform where creators monetize video content.

Travly is a new social-first discovery and hotel booking platform designed to cater to the growing number of travelers who rely on short-form video content for trip ideas.

The platform features user-generated content that provides authentic reviews of hotels instead of generic information and often outdated images. Creators who submit videos of hotels have the chance to earn a 5% commission from bookings.

#newsonleo #travly #travel

Co-founded by travel enthusiasts Zak Longo (CEO) and Mayur Patil (COO), Travly initially began as a travel network on Instagram and TikTok. In the summer of 2022, the duo acquired @Travel, building a social community of millions of followers across Instagram, TikTok, and Snapchat. Longo and Patil run 45 channels in total, including @Cruises, @Hotels, @Resorts, and @Vacation on Instagram and TikTok. Collectively, the pages reach over 1 billion monthly views, they say. Travly also has an ambassador group of about 1,000 creators who help out with brand deals on its host of social media accounts.

The company recently branched out to develop its own trip discovery product, using its insights to launch a video-focused booking platform and mobile app. Travly integrated with Booking.com to power its search capability, which features millions of hotels worldwide.

Apple reportedly announcing iPhone 16 lineup and more on Sept. 10

Apple will be unveiling new products on September 10, with the announced phones going on sale on September 20

Apple will be unveiling new products on September 10, with the announced phones going on sale on September 20, according to a report from Bloomberg’s Mark Gurman.

That lineup will reportedly include the iPhone 16, with larger screens on the Pro models and a new button just for taking pictures. The phones should also support Apple Intelligence, the company’s suite of AI features announced earlier this year.

#apple #technology #iphone #newsonleo

The event could also include announcements of the Apple Watch Series 10, which will be thinner than past models, with a larger screen, as well as new AirPods, with noise cancellation coming to more models.

While invites for the September 10 event have not yet gone out, the timing would be consistent with Apple’s press events in recent years.

Gurman also reported that Apple is planning to update its Macs with the M4 processors, but the new Macs probably won’t be announced until later in the fall.

Google just made a $250M deal with California to support journalism — here's what it means

Google has agreed to contribute over $100 million toward new California programs to fund journalism. But is it a good deal?

This week, Google joined a $250 million deal with the state of California to support California newsrooms. While the deal offers a much-needed cash infusion for an industry that’s seen crippling layoffs this year, the deal’s been criticized by some as a half-measure — and a cop-out.

By agreeing to this deal, Google averts bills that would have forced it and other tech companies to pay news providers when they run ads alongside news content on their platforms.

#newsonleo #journalism #google #technology

The Media Guild of the West (MGW), the local chapter of the journalism labor union the NewsGuild-CWA, denounced the deal in a post on X, calling it a shakedown.

“After two years of advocacy for strong anti-monopoly action to start turning around the decline of local newsrooms, we are left almost without words,” MGW said in a statement. “The publishers who claim to represent our industry are celebrating … minimum financial commitments to Google to return the wealth this monopoly has stolen from our newsrooms.”

Atlas AI Robot Returns, 2024 World Robot Conference, Latest Disney Research, Bionic E-Skin + More

#robotics #ai #Technology

Tech billionaires want to build a utopian city in California | TechCrunch Minute

#technology