Today the FTX jury suffered through a code review
What did Gary Wang commit? | Photo Illustration by Cath Virginia / The Verge Gary Wang supervised the code that gave Alameda special privileges at FTX. But it’s hard to conclude anyone but Sam Bankman-Fried gave the orders. As a result of today’s testimony, I am both more and less
Read morea16z-backed fintech Synapse lays off 40% of its staff
Banking-as-a-service startup Synapse confirmed today that it has laid off 86 people, or about 40% of the company. The San Francisco-based company, which operates a platform enabling banks and fintech companies to easily develop financial services, has been open about past layoffs. In June, CEO Sankaet Pathak wrote in a
Read moreEV buyers can soon get the $7,500 tax credit at time of purchase
Starting in January, the IRS will make the $7,500 federal EV tax credit available immediately via dealers. The Treasury Department announced the update on Friday, noting that dealers will have the option to “reduce the purchase price of the vehicle or provide cash to the buyer.” The update also applies
Read moreGoogle execs predict GenAI could be major windfall for Canada
If used in a responsible way, generative AI (GenAI) represents a technology shift and breakthrough not witnessed since the advent of the mobile phone, says Sam Sebastian, vice president and general manager for Google Cloud Canada. Speaking at a recent media roundtable, Sebastian and other company executives discussed the many
Read moreBill C-18 draft regulations fail to sway Google
The government’s draft regulations to address concerns with Bill C-18 have again failed to sway Google. “While the Government has publicly indicated its confidence that our concerns can be resolved through the regulatory process, unfortunately the regulations fail to sufficiently address the critical structural problems with the Act that regrettably were
Read moreAddition theorems
Earlier this week I wrote about several ways to generalize trig functions. Since trig functions have addition theorems like a natural question is whether generalized trig functions also have addition theorems. Hyperbolic functions have well-known addition theorems analogous to the addition theorems above. This isn’t too surprising since circular and
Read moreSubatomic speed, math misadventures, and the biggest fraud trial in history
Ben and Ryan talk about the work that earned the 2023 Nobel Prize in Physics and how it might make computers way faster. Plus: California’s efforts to transform how math is taught, Unity’s new fee structure, and the trial of FTX founder Sam Bankman-Fried.
Read moreElectric seaglider startup Regent takes flight with $60M in new funding
The promise of electric aviation has been weighed down by the limited range of batteries and the long certification process. Regent co-founder and CEO Billy Thalheimer, who previously worked at Aurora Flight Sciences, has looked to maritime — and more specifically, electric seagliders — for the answer to these two
Read moreOpenAI said to be considering developing its own AI chips
OpenAI, one of the best-funded AI startups in business, is exploring making its own AI chips. Discussions of AI chip strategies within the company have been ongoing since at least last year, according to Reuters, as the shortage of chips to train AI models worsens. OpenAI is reportedly considering a
Read moreCyber Security Today, Week in Review for the week ending Friday, October 6, 2023
Welcome to Cyber Security Today. This is the Week in Review for the week ending Friday, October 6th, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for ITWorldCanada.com and TechNewsday.com in the U.S. In a few minutes guest commentator Terry Cutler of Montreal’s Cyology Labs will be here to
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