Zuckerbucks

Facebook, Signal and Telegram all reportedly working on crypto. New York Times: The most anticipated but secretive project is underway at Facebook. The company is working on a coin that users of WhatsApp, which Facebook owns, could send to friends and family instantly, said five people briefed on the effort who spoke on the condition […]

Lego thrives

A physical toy, a family business – isn’t it heartening to see a company like Lego doing so well? BBC News: Profits increased by 4% to 10.8bn Danish kroner (£1.2bn) and sales were up 4% to 36.4bn Danish kroner. That was a rebound from 2017, when Lego reported its first fall in sales and profits […]

Faraday Future’s staff haven’t worked since December

Electric vehicle firm Faraday Future’s workforce, already significantly depleted, has been on unpaid leave since December, and won’t be returning any time soon, reports The Verge: Faraday Future has been searching for new funding since last October, when it got into an ugly public fight with its biggest outside investor, Chinese real estate giant Evergrande. […]

Helping AI get the joke

Can AI succeed where the American people have failed, and understand British sarcasm? I’m kidding, I’m kidding. But this is an interesting project over at Purdue University, via Phys.org: Julia Rayz is conducting artificial intelligence research involving humor, among other areas, to determine what is necessary through computational algorithms to create computer-human interaction that rivals a common conversation […]

FTC launches new tech monopoly watchdog

The Federal Trade Commission announces: The Federal Trade Commission’s Bureau of Competition announced the creation of a task force dedicated to monitoring competition in U.S. technology markets, investigating any potential anticompetitive conduct in those markets, and taking enforcement actions when warranted. The task force is being pulled together with existing resources, the FTC said, and […]

The human cost of protecting Facebook

Deep, important work from The Verge’s Casey Newton: Over the past three months, I interviewed a dozen current and former employees of Cognizant in Phoenix. All had signed non-disclosure agreements with Cognizant in which they pledged not to discuss their work for Facebook — or even acknowledge that Facebook is Cognizant’s client. The shroud of […]