Tech is full of smart people who build, run and invest in successful companies that have produced a tremendous amount of innovation, Wall Street Journal columnist Christopher Mims writes. But he thinks the industry’s recent spate of failures and reversals at companies like FTX, Meta and Twitter has made one thing clear: Many of its leaders aren’t as smart as they thought they were.
Shares of the U.S.-based cryptocurrency exchange Coinbase have fallen to their lowest price since the company went public in April 2021, CoinDesk reports. COIN dropped to $40.62 on Monday, down nearly 40 percent in November as investors retreat from digital assets, in part due to the fallout from the bankruptcy of crypto exchange FTX.
The volume of password attacks has soared to an estimated 921 attacks every second, CNBC reports. That’s a 74 percent increase in one year, according to the latest Microsoft Digital Defense Report. The risk is highest for the roughly 20 percent of people who use identical logins and passwords across many websites and apps.
ProAgni of Lavington, Australia, was named the $1 million winner at the conclusion of the fourth annual Grow-NY Summit, the Rochester Beacon reports. Craft Cannery of Bergen was a $500,000 winner and Rochester’s Sweet Pea Plant-Based Kitchen received a $250,000 prize in the annual business competition.
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In terms of sheer impact, the Facebook like button was one of the most successful pieces of code ever shipped. But there's another side to the button, which turned social media into a popularity contest, Fast Company writes.
Algorithms trained on previous work produced by humans that create art, text, and code are spreading fast—but now they face legal challenges, Wired reports. A federal class-action lawsuit filed in California targets GitHub Copilot, claiming that GitHub is infringing copyright because it does not provide attribution when Copilot reproduces open-source code covered by a license requiring it.
Public officials and agencies that have come to rely on Twitter as a vital communication tool now must decide how to proceed in the wake of Elon Musk’s acquisition of the platform, Government Technology reports. It took just days for Musk’s chaotic, profit-driven strategy to dismantle the personnel and security functions that supported a once-reliable public resource.
Unlike traditional animation, interactive animation is designed to respond to user input. For designers, it’s a way of creating a more dynamic and engaging user experience, Renee Fleck writes on Dribbble.
AI content generation capabilities are still in their infancy—we cannot rely on an algorithm to write a complete article or blog post without a human editing the output. But, MarTech reports, these tools have value in key areas: productivity and time savings; SEO improvement; and better quality of writing due to grammar analysis.
By translating users' thoughts into mechanical commands, a mind-controlled wheelchair can help a paralyzed person gain new mobility, Science Daily reports. Researchers writing in the journal iScience reported that tetraplegic users can operate mind-controlled wheelchairs in a natural, cluttered environment after training for an extended period.