Posted by BeauHD from Slashdot
From the beating-expectations department: Circle Internet Group surged 168% in its NYSE debut, raising nearly $1.1 billion after pricing its IPO at $31 and opening at $69. "At one point, shares traded as high as $103.75," notes CNBC. From the report: The New York-based company priced its IPO late Wednesday far above this week's expected range of $27 to $28, and an initial range last week of between $24 and $26, valuing the company at some $6.8 billion before trading began. Trading volume by the end of the session was about 46 million, far exceeding the number of freely floating shares available for trading.
Circle joins Coinbase, Mara Holdings and Riot Platforms as one of the few pure-play crypto companies to list in the U.S. This marks the company's second attempt at going public. A prior merger with a special purpose acquisition company collapsed in late 2022 amid regulatory challenges. "To realize our vision, we needed to forge relationships with governments, we needed to work with policymakers ... because if you want this to work for mainstream, it's got to work in mainstream society and you need to have those rules of the road," CEO Jeremy Allaire told CNBC's "Money Movers" on Thursday. "We've been one of the most licensed, regulated, compliant, transparent companies in the entire history of this industry, and that's served us well."
Posted by BeauHD from Slashdot
From the what-to-expect department: According to 9to5Mac, "Apple is working on supporting the ability to export notes in Markdown from Apple notes, which is something third-party apps have supported for years." Apple enthusiast and co-creator of the Markdown markup language, John Gruber, is not a fan. From a blog post: Some people find this surprising, but I personally don't want to use a Markdown notes app. I created Markdown two decades ago and have used it ever since for one thing and one thing only: writing for the web at Daring Fireball. My original description of what it is still stands: "Markdown is a text-to-HTML conversion tool for web writers." Perhaps an even better description of Markdown is Matthew Butterick's, from the documentation for Pollen: "Markdown is a simplified notation system for HTML."
The other great use case for Markdown is in a context where you either need or just want to be saving to a plain text file or database field. That's not what Apple Notes is or should be. I can see why many technically-minded people want to use Markdown "everywhere." It's quite gratifying that Markdown has not only become so popular, but after 21 years, seemingly continues to grow in popularity, to the point now where there clearly are a lot of people who seemingly enjoy writing in Markdown more than even I do. But I think it would be a huge mistake for Apple to make Apple Notes a "Markdown editor," even as an option. It's trivial to create malformed Markdown syntax; it shouldn't be possible to have a malformed note in Apple Notes. I craft posts for Daring Fireball; I dash off notes in Apple Notes. [...]
But Markdown export from Notes? That sounds awesome. Frankly, perhaps the biggest problem with Apple Notes is that its export functionality is rather crude -- PDF and, of all formats, Pages. Exporting and/or copying the selected text as Markdown would be pretty cool. Very curious to see how they handle images though, if this rumor is true.
Posted by BeauHD from Slashdot
From the only-time-will-tell department: An anonymous reader quotes a report from Engadget: Discord co-founder and CTO Stanislav Vishnevskiy wants you to know he thinks a lot about enshittification. With reports of an upcoming IPO and the news of his co-founder, Jason Citron, recently stepping down to hand leadership of the company over to Humam Sakhnini, a former Activision Blizzard executive, many Discord users are rightfully worried the platform is about to become, well, shit. "I understand the anxiety and concern," Vishnevskiy told Engadget in a recent call. "I think the things that people are afraid of are what separate a great, long-term focused company from just any other company." According to Vishnevskiy, the concern that Discord could fail to do right by its users or otherwise lose its way is a topic of regular discussion at the company.
"I'm definitely the one who's constantly bringing up enshittification," he said of Discord's internal meetings. "It's not a bad thing to build a strong business and to monetize a product. That's how we can reinvest and continue to make things better. But we have to be extremely thoughtful about how we do that." The way Vishnevskiy tells it, Discord already had an identity crisis and came out of that moment with a stronger sense of what its product means to people. You may recall the company briefly operated a curated game store. Discord launched the storefront in 2018 only to shut it down less than a year later in 2019. Vishnevskiy describes that as a period of reckoning within Discord.
< This article continues on their website >
Posted by msmash from Slashdot
From the how-about-that department: China's southernmost province of Hainan is piloting a programme to grant select corporate users broad access to the global internet, a rare move in a country known for having some of the world's most restrictive online censorship, as the island seeks to transform itself into a global free-trade port. From a report: Employees of companies registered and operating in Hainan can apply for the "Global Connect" mobile service through the Hainan International Data Comprehensive Service Centre (HIDCSC), according to the agency, which is overseen by the state-run Hainan Big Data Development Centre.
The programme allows eligible users to bypass the so-called Great Firewall, which blocks access to many of the world's most-visited websites, such as Google and Wikipedia. Applicants must be on a 5G plan with one of the country's three major state-backed carriers -- China Mobile, China Unicom or China Telecom -- and submit their employer's information, including the company's Unified Social Credit Code, for approval. The process can take up to five months, HIDCSC staff said.
Posted by msmash from Slashdot
From the not-so-fast department: Anthropic CEO Dario Amodei has publicly opposed a proposed 10-year moratorium on state AI regulation currently under consideration by the Senate, arguing instead for federal transparency standards in a New York Times opinion piece published Thursday. Amodei said Anthropic's latest AI model demonstrated threatening behavior during experimental testing, including scenarios where the system threatened to expose personal information to prevent being shut down. He writes: But a 10-year moratorium is far too blunt an instrument. A.I. is advancing too head-spinningly fast. I believe that these systems could change the world, fundamentally, within two years; in 10 years, all bets are off. Without a clear plan for a federal response, a moratorium would give us the worst of both worlds -- no ability for states to act, and no national policy as a backstop. The disclosure comes as similar concerning behaviors have emerged from other major AI developers -- OpenAI's o3 model reportedly wrote code to prevent its own shutdown, while Google acknowledged its Gemini model approaches capabilities that could enable cyberattacks. Rather than blocking state oversight entirely, Amodei proposed requiring frontier AI developers to publicly disclose their testing policies and risk mitigation strategies on company websites, codifying practices that companies like Anthropic, OpenAI, and Google DeepMind already follow voluntarily.
Posted by msmash from Slashdot
From the shape-of-things-to-come department: Amazon is developing software for humanoid robots that could eventually replace hundreds of thousands of delivery workers, [non-paywalled source] The Information reports. The company is building a "humanoid park" obstacle course at its San Francisco office to test robots that would ride in the back of Amazon's Rivian electric vans and deliver packages to customers, the report said. The indoor testing facility, roughly the size of a coffee shop, will house a Rivian van and serve as a controlled environment before Amazon takes the robots on "field trips" to deliver real packages on actual streets.
This summer, Amazon plans to test multiple humanoid models, including a $16,000 unit from China-based Unitree that has gained popularity among robotics developers, the report said. The initiative represents Amazon's most ambitious robotics project yet, extending beyond its existing warehouse automation to tackle the significantly more complex challenge of outdoor package delivery. Amazon currently operates more than 20,000 Rivian vehicles for deliveries and plans to expand its electric fleet to 100,000 vehicles by 2030.
Posted by msmash from Slashdot
From the unfortunate-labels department: An anonymous reader shares a report: Vibe coding might sound chill, but Andrew Ng thinks the name is unfortunate. The Stanford professor and former Google Brain scientist said the term misleads people into imagining engineers just "go with the vibes" when using AI tools to write code. "It's unfortunate that that's called vibe coding," Ng said at a firechat chat in May at conference LangChain Interrupt. "It's misleading a lot of people into thinking, just go with the vibes, you know -- accept this, reject that."
In reality, coding with AI is "a deeply intellectual exercise," he said. "When I'm coding for a day with AI coding assistance, I'm frankly exhausted by the end of the day." Despite his gripe with the name, Ng is bullish on AI-assisted coding. He said it's "fantastic" that developers can now write software faster with these tools, sometimes while "barely looking at the code."
Posted by from MMO Champion
Dastardly Duos - Scaling Hotfix Item Level Issue When Wearing a Shirt
The Dastardly Duos event released this week introduced the
Play Nice, Play Fair buff, designed to normalize player power by scaling all gear to item level 619. Players quickly found out that powerful legacy items such as
Shadowmourne could be upscaled from its base 166 item level up to 619, opening the door to some creative builds using legacy gear.
However, a hotfix pushed last night quietly changed how the scaling functions. As a result,
Shadowmourne and other legacy items are reverting back to their original item levels.
Unfortunately, the fix appears to have introduced a new issue. Characters wearing item level 1 shirts, such as the
Tuxedo Shirt, now have their entire gear scaled down to item level 1, offering no stats or effects. So if you're getting one-shot, make sure to take off your shirt.
Posted by msmash from Slashdot
From the race-to-the-future department: Google's self-driving taxi service Waymo has surpassed 10 million total paid rides, marking a significant milestone in the transition of autonomous vehicles from novelty to mainstream transportation option. The company's growth trajectory, WSJ argues, shows clear signs of exponential scaling, with weekly rides jumping from 10,000 in August 2023 to over 250,000 currently. Waymo is on track to hit 20 million rides by the end of 2025. The story adds: This is not just because Waymo is expanding into new markets. It's because of the way existing markets have come to embrace self-driving cars.
In California, the most recent batch of quarterly data reported by the company was the most encouraging yet. It showed that Waymo's number of paid rides inched higher by roughly 2% in both January and February -- and then increased 27% in March. In the nearly two years that people in San Francisco have been paying for robot chauffeurs, it was the first time that Waymo's growth slowed down for several months only to dramatically speed up again. Waymo currently operates in Phoenix, Los Angeles, and San Francisco, with expansion planned for Austin, Atlanta, Miami, and Washington D.C. The service faces incoming competition from Tesla, which plans to launch its own robotaxi service in Austin this month. Waymo remains unprofitable despite raising $5.6 billion in funding last year.
