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Welcome to Week in Overview (WiR)
‘s common publication, Week in Overview (WiR), is right here to cowl the most important tech occasions from the previous few days. If you have not been following the headlines carefully, don’t fret – we have you coated. On this digest, we’ll dive right into a $70 machine that may mimic an Apple machine, hackers stealing healthcare knowledge from IBM, and Elon Musk’s proposed cage match with Mark Zuckerberg. We’ll additionally spotlight X, the rebranded social community previously referred to as Twitter, slowing down entry to rival web sites. Plus, we’ll contact on Higher.com going public and ‘s impressions of Baldur’s Gate 3.
That is rather a lot to cowl, so let’s dive in. And if you have not already, you’ll want to signal as much as obtain WiR in your inbox each Saturday.
Most Learn
A Low cost Apple Spoofer
At Def Con, an esteemed hacking convention, attendees seen uncommon pop-up messages on their iPhones. These messages prompted them to attach their Apple ID or share their password with a close-by Apple TV. It seems this was a part of a analysis undertaking involving a $70 machine able to mimicking an Apple machine. The aim was to deceive unsuspecting customers into sharing their passwords.
Individuals’ Well being Data Stolen
Hackers exploited a zero-day vulnerability in IBM’s MOVEit file switch software program to steal the delicate medical and well being info of hundreds of thousands of Individuals. The Colorado Division of Well being Care Coverage and Financing, chargeable for administering the state’s Medicaid program, fell sufferer to those assaults. The info of over 4 million sufferers was uncovered.
Musk versus Zuckerberg
In June, X CEO Elon Musk challenged Meta CEO Mark Zuckerberg, an avid Brazilian jiujitsu practitioner, to a charity cage battle. Whereas there have been delays on Musk’s finish, he lately confirmed that the battle continues to be on. Nevertheless, Zuckerberg acknowledged that they could not agree on sure phrases, together with the venue and date, and determined to maneuver on.
X Slows Down Entry
X, owned by Elon Musk, was discovered to have intentionally slowed down entry to web sites that Musk publicly dislikes. The platform diminished the pace of accessing hyperlinks to a number of web sites, together with The New York Occasions, Instagram, Fb, Bluesky, Threads, Reuters, and Substack.
Higher.com Goes Public
Digital mortgage lender Higher.com acquired shareholder approval for its proposal to merge with Aurora Acquisition Corp. by way of a SPAC (particular goal acquisition). Regardless of going through challenges akin to layoffs, govt resignations, a housing market slowdown, and adverse publicity, Higher.com pushed by way of and efficiently went public.
Baldur’s Gate 3, Reviewed
offers its impressions of Baldur’s Gate 3, a Dungeons & Dragons sport. Based on the assessment, even when you’re not acquainted with the world or methods, the sport presents a singular role-playing expertise that caters to varied preferences.
A Good Ring to Compete with Oura
Ultrahuman, an Indian health and diet monitoring startup, launched the second technology of its good ring. This follow-up machine was launched in June and boasts a number of enhancements, together with a greater form-factor. TC’s assessment finds it to be a worthy competitor to Oura.
An EV Battery with Better Vary
CATL, a serious provider to Tesla, unveiled its newest battery product known as Shenxing, that means god-like motion. This battery goals to handle the charging and vary limitations of electrical automobiles. It might probably recharge as much as 400 kilometers (250 miles) of vary in simply 10 minutes.
Audio
In the event you’re in want of some entertaining and informative listening materials, presents quite a lot of podcast episodes.
Fairness: The newest episode covers updates on Sam Bankman-Fried, a former FTX govt heading to jail, together with discussions on Higher.com going public, Monday.com’s development, Vinfast becoming a member of the SPAC record, the anniversary of the Inflation Discount Act, and promising developments in 2023’s enterprise panorama.
Discovered: This episode options Marco Zappacosta, the co-founder and CEO of Thumbtack, a startup working a market for residence providers and extra. Zappacosta shares his distinctive journey to entrepreneurship, which nearly included pursuing a level in neuroscience earlier than deciding to start out an organization with out a particular thought in thoughts.
Chain Response: Company Eric Balchunas (senior ETF analyst at Bloomberg) and Alex Wilhelm (+ editor in chief) focus on numerous matters, together with the standing of bitcoin spot ETFs within the U.S., their significance, and the chance of SEC approval within the close to future.
+
+ subscribers achieve entry to in-depth commentary, evaluation, and surveys. In the event you’re not already a subscriber, take into account signing up. Listed below are some highlights from this week’s content material:
A Surprisingly Robust Jobs Market
Regardless of main layoffs by outstanding corporations earlier this yr, the tech unemployment fee hasn’t skyrocketed as anticipated. Tech jobs, particularly these associated to IT, engineering, and improvement, are nonetheless in demand and fewer affected than one may suppose.
What Do CTOs Do, Precisely?
This piece explores how technical blind spots can lead buyers to information founders within the incorrect course. Untimely optimization is not useful, however having a Chief Know-how Officer (CTO) with the proper expertise, information, and experience aligned with an organization’s stage is usually neglected within the funding course of.
A Room-Temperature Superconductor? Not So Quick
Hope for LK-99 as a room-temperature superconductor has light. Latest research conclude that this notion is unlikely, contradicting a extremely publicized preprint paper printed by a group on the Quantum Vitality Analysis Centre.
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