A Fading Boom

1_TOP NEWS

The Startup Reckoning

Over the past decade, technology start-ups grew so quickly that they couldn’t hire people fast enough. Now, the layoffs have started coming in droves, and many hot young companies are facing a reckoning, the New York Times reports. It’s a humbling shift for an industry that long saw itself as an engine of job creation and innovation.


2_DESIGN

The Man Who Inspired User-Friendly Design

 

Larry Tesler, best known as the creator of the ubiquitous commands “cut,” “copy,” and “paste,” passed away recently at age 74. In a tribute to Tesler, Fast Company notes that he was part of the golden age of research at Xerox PARC, and also created the most well-known trope in modern design: the idea of “user friendliness.”


3_BUSINESS

Xerox Is Unfazed by HP’s Resistance


Xerox intends to push ahead with its efforts to acquire HP even though the Palo Alto-based company has adopted a shareholders rights plan meant to stymie Xerox’s unsolicited buyout attempt, SiliconValley.com reports. Xerox’s comments are the latest move in a three-month effort by the printing and imaging company to acquire HP.


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4_BUSINESS

Amazon Extends Cashierless Tech to Groceries

 

Amazon this week opened its first grocery store using the retailer’s cashierless “Just Walk Out” technology that has powered 25 Amazon Go convenience stores in a handful of major U.S. metros, TechCrunch reports. The new Amazon Go Grocery store is based in Amazon’s hometown of Seattle.


5_SOCIAL MEDIA

Inside Bloomberg's Influencer Army 

 

The Bloomberg 2020 operation is hiring more than 500 people at a rate of $2,500 a month to text friends and post on social media in support of the billionaire media mogul’s presidential bid, the Los Angeles Times reports. The Bloomberg campaign’s tactics have raised questions such as whether these posts constitute sponsored content and how social media platforms should regulate nontraditional political advertising.


6_TECHNOLOGY

Why CBRS Could Be a Big Deal


A newly opened part of the wireless spectrum, called CBRS, coupled with an innovative cloud-computing infrastructure, aims to be the underlying connective tissue for companies looking to develop private networks to help them monitor their businesses. Protocol says small firms in particular could benefit.


7_CRYPTO

Swedish Central Bank Starts Testing Its Digital Currency

 

Sveriges Riksbank, the central bank of Sweden, has begun testing its e-krona digital currency, a move that takes the country a step closer to issuing the world’s first central bank digital currency, The Block reports. Consulting giant Accenture is working on the pilot project.


8_DATA

The Case for Private Data Ownership


The world's most valuable tech companies profit from the personal data you generate. So why aren't you getting paid for it? In a TED Talk, entrepreneur and technologist Jennifer Zhu Scott makes the case for private data ownership.


9_SECURITY

Shady Chrome Extensions Snare Nearly 2 Million


More than 500 Chrome extensions have been removed by Google, after they were caught stealing the data of almost 2 million users, Tech.Co reports. The Chrome extensions stole users' browsing data through shady advertising mechanisms.


10_SAY WHAT?

Dancing Baby Goes HD

 

Older internet users will recall the somewhat creepy 3D-animated Dancing Baby (aka "Baby Cha-Cha" and "the Oogachacka Baby") from 1996. One of the earliest viral videos, it now has been re-rendered in HD format by an enterprising college student, Ars Technica reports.