MIT CSAIL study: only 23% of US wages for doing vision tasks would be economically attractive to automate with AI, due to large upfront and operating expenses
Will AI automate human jobs, and — if so — which jobs and when? — That's the trio of questions a new research study …
Meta's Reality Labs division posts a $2.81B loss for Q2 2022, vs. $3.67B est., on $452M in revenue, compared to a $2.96B loss for Q1 2022 on $695M in revenue
Nelson Wang / CoinDesk :
Meta reports its first-ever YoY quarterly revenue decline and issues a lowered Q3 forecast, citing a weak ad demand environment and macroeconomic uncertainty
Facebook parent Meta Platforms Inc. META 6.55%▲ posted its first decline in revenue and issued a muted outlook …
YC announces a new standard deal: a $125K investment for 7% of the startup and a further $375K at terms founders can negotiate with future investors
We have a new standard deal at Y Combinator. When a company is accepted into the YC batch program, we now invest a total of $500,000.
Universal Music Group says it is creating a “band” called Kingship out of four Bored Ape Yacht Club NFTs and plans to feature them in video games, VR, and more
https://twitter.com/... https://twitter.com/... AdamDraper.crypto / @adamdraper : #NFTs will turn every hit band into the Gorillaz. https://twitter.com/... @cozomomedici : This is ...
Data analytics startup Amplitude raises $150M led by Sequoia Capital at a $4B valuation, up from $1B last year
Snap unveils its first AR glasses, with four built-in microphones, two stereo speakers, and a touchpad, and says it will test them with some AR effects creators
Snap unveils its first AR glasses, with four built-in microphones, two stereo speakers, and a touchpad, and says it will test them with some AR effects creators
The fourth-gen glasses have built-in AR displays — Snap's new Spectacles glasses are its most ambitious yet.
Coinbase shares close at $328.28, valuing the company at $85.78B, down from its open of $381; Nasdaq listed shares at $250 before Wednesday's open
- Coinbase's market cap exceeded $100 billion after its debut Wednesday morning on the Nasdaq, though the stock fell later in the day.
Coinbase publishes a “clarification” of its mission, stating it won't take on activism outside of its focus or debate causes or political candidates internally
There have been a lot of difficult events in the world this year: a global pandemic, shelter in place, social unrest …
Crypto in 2020s: at least one blockchain will reach 1B users, a separate world of fully-decentralized, little-regulated crypto-to-crypto innovation will emerge
@brian_ armstrong https://blog.coinbase.com/... @coinbase : The Decade In Crypto, from the perspective of Coinbase CEO @brian_armstrong. https://blog.coinbase.com/... @coinbase : “...
Facebook buys the VR studio behind Beat Saber, one of virtual reality's biggest titles with over 1M copies sold since May 2018
Lucas Matney / TechCrunch :
Facebook buys the VR studio behind Beat Saber, one of virtual reality's biggest titles with over 1M copies sold since May 2018
Virtual reality doesn't have many hit games yet, but Facebook is buying the studio behind one of the platform's biggest titles.