UnHerd’s Freddie Sayers meets PayPal Co founder David Sacks.
Read the accompanying article:
https://unherd.com/thepost/david-sacks-the-tech-purge/
Continue reading “David Sacks: The tech reset has only just begun” »
Mastercard, one of the biggest financial payments providers in the world, is launching a web3-focused incubator to help artists connect with fans through a new medium, the company shared at CES 2023 on Friday.
“The core of this program is providing emerging artists with the web3 tools and skills they need to excel and advance their music careers in this digital economy,” Raja Rajamannar, chief marketing and communications officer at Mastercard, said to TechCrunch. “By providing access to experts and innovators in the space, the artists will be guided on how to incorporate web3 into their work throughout the entire program and then beyond.”
Mastercard partnered with Polygon, a scaling blockchain built on top of Ethereum, which has been making huge strides in the Web 2.0 ecosystem lately. In the past year, Polygon partnered with a number of other big brands like Starbucks for its Odyssey digital collectible rewards program and Disney for its accelerator program, while also having major clothing brands like Prada and Adidas launch NFT projects through its blockchain.
Quantum computers hold the promise of performing certain tasks that are intractable even on the world’s most powerful supercomputers. In the future, scientists anticipate using quantum computing to emulate materials systems, simulate quantum chemistry, and optimize hard tasks, with impacts potentially spanning finance to pharmaceuticals.
However, realizing this promise requires resilient and extensible hardware. One challenge in building a large-scale quantum computer is that researchers must find an effective way to interconnect quantum information nodes—smaller-scale processing nodes separated across a computer chip. Because quantum computers are fundamentally different from classical computers, conventional techniques used to communicate electronic information do not directly translate to quantum devices. However, one requirement is certain: Whether via a classical or a quantum interconnect, the carried information must be transmitted and received.
To this end, MIT researchers have developed a quantum computing architecture that will enable extensible, high-fidelity communication between superconducting quantum processors. In work published in Nature Physics, MIT researchers demonstrate step one, the deterministic emission of single photons—information carriers—in a user-specified direction. Their method ensures quantum information flows in the correct direction more than 96 percent of the time.
Check out all the on-demand sessions from the Intelligent Security Summit here.
Over the last half-decade, quantum computing has attracted tremendous media attention. Why?
After all, we have computers already, which have been around since the 1940s. Is the interest because of the use cases? Better AI? Faster and more accurate pricing for financial services firms and hedge funds? Better medicines once quantum computers get a thousand times bigger?
North Korea’s infamous Lazarus Group is mimicking venture capital firms and banks to steal cryptocurrency, according to a report from cybersecurity company Kaspersky.
The state-sponsored cybercrime group, which was was behind the $625 million Axie Infinity hack in April, is creating domains that present themselves as well-known Japanese, US and Vietnamese companies.
Kaspersky said Lazarus’ BlueNoroff subgroup is using new types of malware delivery methods that bypass security warnings about downloading content. They can then “intercept large cryptocurrency transfers, changing the recipient’s address, and pushing the transfer amount to the limit, essentially draining the account in a single transaction.”
This segment originally aired on December 28, 2022.
Colin Rusch, Oppenheimer & Co. Managing Director and Senior Research Analyst, sits down with Yahoo Finance Live anchors Seana Smith and Jared Blikre to talk about Tesla’s stock outlook in 2023 following Elon Musk’s invested interest in managing Twitter this past year.
Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes.
WATCH HERE:
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Continue reading “Tesla stock concerns lie around ‘brand damage’ from Elon Musk, Twitter: Analyst” »
“M-PESA”: that is a name in global fintech history that can never be erased. Not that anybody would want to. Forever it will be the perfect example of a viable financial ecosystem based on rules unthinkable before. A living masterpiece that was created by a mosaic of unique circumstances, choices and risks taken at a particular time and place, and that continues to evolve in the changes it brought to the country.
Since I’m neither a local, nor deeply involved with the African markets (yet), I would not dare to simply impose my DIY analytics on my readers. Instead, I invite you to listen to my conversation with M-PESA’s own Kevin Amateshe reflecting on Kenya’s digital financial services space, M-PESA’s role, the past, present and future: https://youtu.be/QlZuKwnsAS4
Israel’s banking regulator on Sunday approved a conditional license and control permit for a group of entrepreneurs to establish a new online bank, the second addition to the highly concentrated banking sector in three years.
The Bank of Israel said its banking supervision department had completed the inspection process for the new institution named Esh Bank Israel.
The approvals, it said, will allow the founders to move forward and complete the mechanical, operational and regulatory preparations required for the start of the bank’s activities.
Trey Parker and Matt Stone’s AI studio Deep Voodoo said Wednesday that it has secured a $20 million in an investment round led by Connect Ventures. The South Park creators’ startup said it will use the capital to accelerate its development of deep-fake technology, VFX services and original synthetic media projects.
Connect Ventures is an investment partnership between CAA and venture capital firm New Enterprise Associates and represents the first outside capital raise for Deep Voodoo, which was previously funded by Parker and Stone’s entertainment company Park County.
Parker and Stone originally began building out their deep fake technology in early 2020, assembling a team of artists for a feature film they had developed. When the film was suspended amid the Covid shutdown, they pivoted to building out those deep-fake tools.
An Android banking malware named ‘Godfather’ has been targeting users in 16 countries, attempting to steal account credentials for over 400 online banking sites and cryptocurrency exchanges.
The malware generates login screens overlaid on top of the banking and crypto exchange apps’ login forms when victims attempt to log in to the site, tricking the user into entering their credentials on well-crafted HTML phishing pages.
The Godfather trojan was discovered by Group-IB analysts, who believe it is the successor of Anubis, a once widely-used banking trojan that gradually fell out of use due to its inability to bypass newer Android defenses.
