Science and Technology

The dramatic fall of a cryptocurrency power duo

The dramatic fall of a cryptocurrency power duo

Once celebrated as a formidable duo on the Washington cryptocurrency circuit, Ryan Salame, a former FTX executive, and Michelle Bond, a crypto policy advocate and former congressional hopeful, now find themselves facing the challenges of impending prison sentences. The couple's journey from the peak of cryptocurrency advocacy to their current difficulties highlights the volatile nature of the cryptocurrency industry and its repercussions on their personal and professional lives. Ryan Salame was known in the industry for his luxurious lifestyle, which included a pristine white Porsche and a luxury residence in the Bahamas. His partner, Michelle Bond, was a highly regarded…
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A new documentary reignites the quest for Bitcoin’s creator

A new documentary reignites the quest for Bitcoin’s creator

The enigmatic figure behind Bitcoin, known only as Satoshi Nakamoto, continues to be an object of fascination and mystery nearly two decades after the cryptocurrency's creation. A new documentary, "Money Electric: The Bitcoin Mystery," produced by HBO and directed by Cullen Hoback, delves into this enigma, aiming not only to reveal Nakamoto's true identity, but also to explore the importance of knowing the The architect behind this revolutionary technology. Released this Tuesday, the documentary posits that Canadian programmer Peter Todd could be the elusive Nakamoto, adding a new twist to the ongoing debate and search for the real person or…
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Meta introduces new tools for AI-based video creation with embedded sound

Meta introduces new tools for AI-based video creation with embedded sound

In a recent development, Meta has launched a sophisticated suite of AI tools designed to revolutionize video production by enabling automatic sound generation, editing and integration. This innovation follows OpenAI's introduction of Sora, a technology capable of creating lifelike videos from simple text input, which remains in limited testing due to potential misuse issues and operational costs. Reported by San Francisco's Cade Metz and Mike Isaac, this latest advancement from Meta, called Meta Movie Gen, allows users to produce videos complete with AI-generated sound effects, ambient sounds, and background music. The release positions Meta at the forefront of the AI…
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Beyond the Nobel: prestigious awards in science and mathematics

Beyond the Nobel: prestigious awards in science and mathematics

While the Nobel Prizes remain the pinnacle of scientific recognition, numerous other prestigious prizes celebrate achievements across a broader range of disciplines. These awards recognize innovative contributions in fields often overlooked by Nobels, highlighting the diverse and expanding landscape of scientific activity. Mathematics is recognized through the Abel Prize, awarded annually for pioneering achievements, and the Fields Medal, awarded to mathematicians under 40. Technological innovation is celebrated by the Millennium Technology Prize, recognizing advances that improve quality of life and promote sustainability. Achievements in computing are recognized with the Turing Award, while the Draper Award recognizes engineering inventions that have…
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Details emerge on Telegram CEO Pavel Durov’s decade-long relationship and lifestyle

Details emerge on Telegram CEO Pavel Durov’s decade-long relationship and lifestyle

In a revealing interview, Irina Bolgar, once romantically involved with Pavel Durov, the creator of Telegram, revealed details about their nearly decade-long relationship, marked by opulence and legal disputes. The interview was part of an extensive investigation conducted by journalists Adam Satariano and Paul Mozur who traveled to Geneva to gather information directly from Bolgar. According to Bolgar, their life together included summers at a sprawling resort in Sardinia that cost about $1 million a month and residences such as a beachfront penthouse in Dubai with a private elevator. Their trips often involved private jets to destinations such as Paris,…
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OpenAI secures additional  billion in credit to boost AI development initiatives

OpenAI secures additional $4 billion in credit to boost AI development initiatives

On October 3, 2024, OpenAI announced the establishment of a $4 billion credit facility with several large banks, strengthening its financial resources following a substantial $6.6 billion investment round. This new round of debt financing reflects the company's ability to engage with leading global financial institutions for significant capital acquisitions, crucial to its continued expansion into artificial intelligence technologies. The news comes shortly after OpenAI confirmed a new round of equity investment, placing its valuation at a whopping $157 billion. This rating places it among the best private startups globally. Leading investors in this round included Thrive Capital, Microsoft, Nvidia,…
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Apple privacy changes could slow growth of social apps

Apple privacy changes could slow growth of social apps

Apple's latest iOS update, iOS 18, introduces changes that could have a significant impact on the growth of social networking apps. A change to the contact sharing feature, known as “contact syncing,” could make it harder for new apps to quickly acquire users. Historically, contact syncing has been a crucial tool for social apps to connect users with their existing contacts and suggest potential connections. This feature played a critical role in the early success of popular apps like Instagram, WhatsApp, and Snapchat. However, the revised contact sharing permissions in iOS 18 could present challenges for developers of newer social…
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Elon Musk’s X asks to be reinstated in Brazil to face fines

Elon Musk’s X asks to be reinstated in Brazil to face fines

Elon Musk's social media platform, X (formerly known as Twitter), is reportedly seeking reinstatement in Brazil after being suspended in August. The suspension is due to X's failure to comply with court orders to remove misinformation and delete accounts linked to disinformation campaigns. The move to reinstate X comes amid reports that the platform is attempting to settle outstanding fines with Brazilian authorities. These fines reportedly exceed $3 million and were imposed for failure to comply with court orders. Brazil is one of X's largest markets and boasts over 20 million users. The suspension has likely impacted the platform's growth…
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Electric car sales rebound as Tesla posts first quarterly increase

Electric car sales rebound as Tesla posts first quarterly increase

Tesla's third-quarter sales data offers a glimmer of hope for the electric car market. After a difficult first half of 2024, the automaker reported a 6.4% increase in deliveries compared to the same period last year. This marks Tesla's first quarterly sales increase this year and suggests a potential recovery in demand for electric vehicles. Analysts highlight several factors that could favor this rise. Lower interest rates, implemented by the Federal Reserve and central banks around the world, could make electric cars more accessible to buyers. Tesla itself has offered financing deals with attractive rates, further attracting consumers. While the…
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U.S. and Microsoft dismantle Russian hacking group targeting Western institutions

U.S. and Microsoft dismantle Russian hacking group targeting Western institutions

A collaborative effort between the US government and Microsoft has dismantled a hacking group linked to Russian intelligence. The group, known as Star Blizzard to cybersecurity experts, has targeted nonprofit organizations, think tanks, journalists and former military and intelligence officials from the United States and its allies. Star Blizzard used "spear phishing" tactics, sending emails that appeared to come from a trusted source to gain access to victims' internal systems. Once inside, they could steal sensitive information and disrupt operations. Microsoft identified the group's infrastructure and alerted the US Department of Justice, which led to the seizure of more than…
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