“The Bank for International Settlements just told the cryptocurrency world it’s not ready for prime time — and as far as mainstream financial services go, may never be.”
“Tsinghua’s rapid plant construction threatens to flood the semiconductor market and sink prices, following a pattern set by Chinese makers of liquid crystal displays, solar panels and other commoditized technologies.”
“The feature disables data transfer through the Lightning port one hour after a phone was last locked, preventing popular third-party hacking tools used by law enforcement from accessing the device.”
Read more: http://money.cnn.com/2018/06/13/technology/apple-iphone-law-enforcement/index.html
“Opendoor, a startup that uses computer algorithms to buy and sell homes, has closed a new fundraising round in a bid to supercharge growth.”
“This massive insider-selling confirms the recent warning from the SEC Commissioner about insiders selling stocks into their company’s buyback programs.”
Read more: https://www.zerohedge.com/news/2018-06-12/fang-insiders-selling-their-stocks-faster-any-time-history
“From DIY guns to designer drugs, classic-car parts, and human livers, 3D printing promises a dynamic and uncontrollable world.”
Read more: https://reason.com/archives/2018/06/12/you-can-soon-manufacture-anything/print
“The system includes mandatory facial-recognition scans at gas stations and Wi-Fi sniffers that secretly collect data from network devices. Over the past two years, the technology has helped authorities round up an estimated hundreds of thousands of Uighurs and other Muslims and lock them up in clandestine camps that China calls ‘re-education centers.'”
“Lonsdale and Luckey argue that building cheaper, more efficient systems is a virtuous pursuit, saving taxpayer dollars. Anduril’s Palantir pedigree may have prepared it for criticism.”
Read more: https://www.wired.com/story/palmer-luckey-anduril-border-wall/
“A large group of Internet pioneers have sent an open letter to the European Union urging it to scrap a proposal to introduce automated upload filters, arguing that it could damage the internet as we know it.”
Read more: https://www.theregister.co.uk/2018/06/12/eu_copyright_filter/
“The proposal, led by venture capitalist Tim Draper, would split the country’s most populous state into three new states of near-equal population: Northern California, California and Southern California, according to the proposal.”
Read more: https://abcnews.go.com/US/proposal-split-california-states-makes-november-ballot/story?id=55855441