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Move Over Apple, Nvidia Set to Become the Second Most Valuable Company
| From | TradeBriefs CEO Picks <[email protected]> |
| Subject | Move Over Apple, Nvidia Set to Become the Second Most Valuable Company |
| Date | June 6, 2024 7:13 AM |
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Knowledge for Decision-Makers
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CEO Picks - The best that international journalism has to offer!
S14
Move Over Apple, Nvidia Set to Become the Second Most Valuable Company
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Shares of Nvidia rallied to record highs on Wednesday, with the AI
chipmaker's stock market valuation on the verge of hitting the $3
trillion mark and overtaking Apple to become the world's second most
valuable company.Nvidia's stock has surged 145 percent so far in
2024, with demand for its top-of-the-line processors far outstripping
supply as Microsoft, Meta Platforms and Google-owner Alphabet race to
build out their AI computing capabilities and dominate the emerging
technology.
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S1
How Charley Hullâ™s viral cigarette lit up the golf world:
âÂÂItâ™s a little surrealâ™
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England's top golfer, a newly minted cult hero after being snapped
smoking at the US Open, has the whole-mood swagger of John Daly by way
of Kate Moss - and the game to back it up
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S2
'Weed nuns' v narcos: Meet Mexico's Sisters of the Valley
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The Sisters of the Valley are a group of women defying narco
traffickers and tradition at the same time.
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S3
The Portuguese pilgrimage you should do in 2024
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With 2024 expected to be the busiest year yet for the Camino de
Santiago, travellers should seek out the relatively untrodden 620km
Camino from Lisbon.
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S4
Major cause of inflammatory bowel disease found
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Scientists have found a weak spot in our DNA that is present in 95% of
people with the disease.
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S5
How air pollution is causing girls to get their first periods earlier
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New research shows that girls in the US are getting their first
periods earlier. Exposure to toxic air is partly to blame.
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S6
OpenAI insiders are demanding a âright to warnâ the publicÂ
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“I’m scared. I’d be crazy not to be,” one former employee
tells Vox.
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S7
Here are all 50+ sexual misconduct allegations against Kevin Spacey
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They span nearly half a century and paint a picture of a serial
predator.
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S8
What Hunter Biden tells us about America - FT (No paywall)
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Treating the rule of law as a partisan issue is the mark of a corroded
political culture
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S9
As seas rise, the relocation of Caribbean islanders has begun - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=11948&nl=daily]
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The government-managed movement of 300 families from the island of
Gardi Sugdub is a test case for “planned retreat” in Latin America
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S10
2024's summer solstice is Earth's earliest since 1796
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On average, the summer solstice occurs on June 21 of most years, as
the Earth’s north pole is tilted maximally toward the Sun at a
particular moment on that day. As the Earth revolves around the Sun
over the course of a year, its axis remains pointed in the same
direction, so that the orientation of Earth in space goes through a
cycle:The equinoxes and solstices given here apply to the northern
hemisphere; in the southern hemisphere, seasonal equinoxes and
solstices are opposed, as seasons are determined by the direction that
Earth’s south pole points, rather than the north pole.
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S11
Skill-building to the max: Why fluid "scaffolding" is essential
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While we can go it alone when it comes to challenge, the research
clearly shows that we often shouldn’t. As you get into a bit of hot
water while trying to get better, you have to focus. Intently. And
it’s often harder than we expect to maintain that focus and
self-control in the right ways for the right amount of time to get
better. With an expert’s help, we can take on more challenge and get
more skill out of it. This conclusion is central to the heap of
rigorous research on how kids build skill. Early in the twentieth
century, but in only the last few years of his short life,
psychologist Lev Vygotsky introduced a powerful idea, which he called
“a zone of proximal development.” Vygotsky spent many hours
studying the effects of school instruction. He found that whatever the
lesson—say reading—kids could do some things unaided, couldn’t
do some things at all, but there was an interesting middle ground
where they could do some tasks with guidance. He called this
interesting middle a zone of proximal development and inspired
generations of educational researchers to study how teachers could
most effectively help kids enter this zone and get the most from it.
Self-directed learning was all the rage back then—this was when
Montessori and Waldorf-style schools surged in popularity—and he
believed there was an important role for just the right kind of
guidance on tasks.
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S12
Here's why China's economy is stumbling -- but not about to fall
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On January 29, 2024, a court in Hong Kong ordered Chinese real-estate
giant Evergrande Group to begin liquidating its assets. The company,
founded in 1996, had taken advantage of China’s decades-long real
estate boom, quickly becoming the biggest developer in the world. But
by 2024, it had also become the most debt-ridden. Prohibited from
borrowing more money to complete its construction projects — 1,322
according to statistics from the China Index Academy —
Evergrande’s empire crumbled, sending shockwaves throughout the
Chinese economy and, by extension, the world.For years, it seemed like
the only direction the Chinese economy could go was up. Once one of
the poorest countries on Earth, China underwent an unprecedented
transformation following the market-oriented reforms of CCP Chairman
Deng Xiaoping, who, reminiscent of Vladimir Lenin’s short-lived New
Economic Policy, opened up its state-owned markets to private
enterprise. The growth kickstarted by these reforms, implemented in
the 1970s, lasted well into the late 2010s. During this time, the
Chinese economy consistently grew at a much faster pace than the U.S.
or Western Europe, elevating the lion’s share of its 1.4 billion
citizens from lower to middle class.
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S13
Autonomous Vehicles Aren't Going Anywhere Without Nvidia
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The Taiwanese company supplies startups with the microchips that form
the infrastructural backbone of the AI revolution. It has an
ever-present grip on demand for the monstrous computing power
necessary to build generative AI tools. Among those tools are
autonomous vehicles. Company CEO Jensen Huang said as much in Nvidia's
most recent earnings call, telling shareholders that Nvidia
microprocessors are vital for around 20,000 startups--including
automotive companies. It wasn't the first time a Nvidia executive
hyped the company's role in bringing the futuristic technology to
life. In February, CFO Colette Kress said on a separate investor call:
"Nearly every automotive company working on AI is working with
Nvidia."
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S15
From Downeast to Outer Space: bluShift Aerospace Setting Up in Maine
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Brunswick-based bluShift Aerospace hopes to turn Maine into a hub for
the launching of commercial nanosatellites and has been making
progress toward that goal for more than three years. A successful
recent round of fundraising means commercial suborbital launch is on
track to start in 2025, company officials said Tuesday.The small
satellite market currently relies on large companies, such as Elon
Musk's SpaceX, for deployment of satellites, and that leads to long
wait times, said bluShift CEO and founder Sascha Deri. Launching small
satellites from Maine can change that, Deri said."We see an enormous
need for dedicated, small-lift satellite deliveries to space," Deri
said, adding that customers are "seeking rapid, affordable access to
space and direct delivery to their desired orbit."
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S16
Tariff Hike on [[link removed]}&lead=419599&emailid=11948&nl=daily]
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U.S. Energy Secretary Jennifer Granholm said on Tuesday quadrupling
import duties on Chinese electric vehicles to over 100 percent in
August as planned is crucial to the health of the U.S. auto sector."We
need to have this industry here. And if we didn't do that, we would
just be ceding the entire territory to China like we saw happen with
solar panels," Granholm said in an interview Tuesday with Reuters
reporters and editors.
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S17
SpaceX's Next Starship Rocket Test Gets FAA Go-Ahead
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The U.S. Federal Aviation Administration (FAA) on Tuesday said it
issued a license for SpaceX's fourth flight of its Starship rocket
system, another test mission along the company's path to building a
reusable satellite launcher and moon lander.SpaceX, owned by Elon
Musk, is aiming to launch its nearly 400-foot-tall, two-stage Starship
as early as Thursday at 7 a.m. CDT from its rocket facilities in south
Texas, from which past flights in the company's test-to-failure
development campaign have launched.
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S18
Musk Confirms He Gave
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Tesla CEO Elon Musk redirected a shipment late last year of Nvidia's
artificial intelligence chips to the social media platform he owns, X.
The chips are crucial to Musk's ambitions to make Tesla into an AI and
robotics company, a controversial strategy that is tied to an ongoing
dispute over his compensation package. His choice to redirect them
from Tesla stokes critics' concerns over Musk's split leadership
duties.CNBC initially reported the H100 chip redirect, based on an
internal Nvidia memo from December, which also noted that two
subsequent shipments (in January and June) of chips, originally
intended for X, would be given to Tesla.
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S19
Small, Local Businesses May Have New Opportunities to Get Into Sam's
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After hosting an open call with local suppliers in Texas last
month, Walmart selected about 20 region-specific products--chosen
from more than 350 attending brands--to be stocked in Sam's Club
locations across the state, Bloomberg reported on Monday. The
products, including Yellowbird hot sauce and Culinary Cowgirls queso,
will be in Texas stores later this year. This isn't the first time
Walmart has made an effort to bring small businesses into its
stores. Walmart's annual Open Call in Bentonville, Arkansas,
invites American entrepreneurs and business owners to pitch their
products to Walmart and Sam's Club merchants, but its May event was
the company's first Texas-specific event. Sam's Club executives
told Bloomberg that the next local supplier open call is planned for
California, with events in other states to come.Â
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S20
The Hottest New Wearable Might Be One That Workers Wear in Scorching
Heat [[link removed]}&lead=419599&emailid=11948&nl=daily]
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Welcome to this week's Founder Focus! I'm Melissa Angell, Inc.'s
policy correspondent, and each week I'll be dissecting some of the top
policy issues small businesses face. You can sign up to get this in
your inbox every week here.Cities such as San Antonio are reckoning
with excessive heat that's touching triple-digits this week as
temperatures continue to smash records around the globe. While those
high temperatures were first observed within historically hot spots
like California, Arizona, and Nevada, the National Weather Service is
seeing the heat scorch other states out West as well.
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S21
Derecho Devastation Underscores Need for Disaster Preparation
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Businesses in Texas and Louisana continue to see the fallout from a
destructive derecho, a type of violent storm which first hit the Gulf
Coast on May 16, and subsequent strorms that left more than one
million homes and businesses without power in the Houston area
alone. "You could see the sky darkening, you thought a storm was
coming, but you didn't really think much of it," says Kris Larson,
president and CEO of Central Houston, a nonprofit that advances the
vision for downtown Houston. "You thought it was going to be your
average summertime thunderstorm, and it turned into something very
different very fast."
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S22
This 7-Word Quote From D-Day Will Inspire You to Be a Better Leader.
Here's the Story Behind It
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People might have a sense of what the invasion of Normandy was like
from movies: Saving Private Ryan, Band of Brothers, maybe The
Longest Day. I'll embed the Saving Private Ryan beach scene at the
bottom of this newsletter, just in case.There are many stories, and
one of them has stuck with me for years. In fact, there's an
inspiring, 7-word quote from this story that I've found myself using
in many different contexts -- inspiring myself at least, and hopefully
other people.Â
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S23
Onboarding New Employees in a Hybrid Workplace
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As you’re navigating hybrid work, it’s a good moment to assess how
your onboarding processes enable or empower your new hires to thrive.
Researchers at Microsoft have conducted and identified studies that
suggest that onboarding to a new role, team, or company is a key
moment for building connections with the new manager and team and
doing so a few days in person provides unique benefits. But just
requiring newcomers to be onsite full time doesn’t guarantee
success. The authors explain and offer examples of how onboarding that
truly helps new employees thrive in the modern workplace is less about
face time and more about intention, structure, and resources.
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S24
Deloitte's Pixel: A Case Study on How to Innovate from Within
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In 2014, Deloitte launched Pixel to facilitate open talent and
crowdsourcing for client engagements that need specific expertise —
like machine learning or digital production. But uptake across the
organization was slow, and some internal stakeholders resisted
outsourcing consulting work to freelance talent.
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S25
How to Future-Proof Your Strategy
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Scoblic is a co-founder and principal of the consultancy Event Horizon
Strategies. In this episode, he explains how thoughtful and ongoing
scenario-planning exercises can help organizations decide which
investments will allow them to thrive — even in a crisis. He also
shares how to balance short-term factors with longer term modeling and
why it’s so important to ensure that your planning team is truly
diverse. As he says, “This is a case where diversity absolutely
matters, in all senses of the word, because what you want is to get
people to think outside of the box. It’s very difficult to do that
if you don’t recognize the box that you’re in.”
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S26
The Importance of Setting Boundaries with Your Mentor
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In a mentorship, having clear boundaries — along with responses to
share when those limits are transgressed — is important for
safeguarding your mental health, your privacy, and your productivity.
To establish them, have a conversation with your mentor, preferably at
the start of the relationship. You can start by flipping the script
and asking your mentor about their boundaries first: “Since this is
all new, though, I wanted to ask: What boundaries do you want to have
around our mentoring relationship?” Listen to their answers, taking
the opportunity to weigh in about your own boundaries as they share.
If your mentor says, “I really like to keep the details about my
personal life out of work,” you can weigh in, “Okay, that’s good
to know. I’m an open book, so I don’t mind sharing if you have
questions.”
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S27
Research: Why We Choose the Hard Way to Do Tedious Tasks
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In life and at work, we often get stuck persisting in unpleasant
activities even when more enjoyable and equally effective alternatives
exist. Research shows this happens due to “entrenchment,” where
repeating an activity blocks consideration of better options and makes
you more likely to keep doing it. The author’s research focuses on
enhancing well-being by limiting over-persistence in these tasks and
suggests solutions that include reducing repetition, dividing
attention, and alternating tasks to break the cycle of entrenchment.
By adopting strategies to prevent entrenchment, individuals and
organizations can increase employee satisfaction and efficiency.
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S28
The church of Roblox: How young Filipino Catholics are building more
inclusive spaces
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Manila’s Quiapo Church is the home of the Black Nazarene, a dark
statue of Jesus Christ that is said to have miraculous powers. The
church, founded more than 400 years ago, is revered by the nation’s
faithful, including the Roblox Filipino Catholics, who built a replica
of it on the online gaming platform.With its make-believe stained
glass windows and marble floors, it is one of several replicas of
Filipino churches built in exacting detail in the Lego-like aesthetic
of Roblox. On a recent Sunday, 50 avatars sat in the pews of the
virtual Quiapo Church, listening to a homily delivered by a member of
the Roblox Filipino Catholics group role-playing as a priest.
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S29
A US Company Enabled a North Korean Scam That Raised Money for WMDs
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Wyoming's secretary of state has proposed ways of "preventing fraud
and abuse of corporate filings by commercial registered agents" in the
aftermath of the scheme's exposure.
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S30
The Age of the Drone Police Is Here
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A WIRED investigation, based on more than 22 million flight
coordinates, reveals the complicated truth about the first full-blown
police drone program in the USâand why your city could be next.On a
Wednesday afternoon in August, Daniel Posada and his girlfriend were
screaming at each other at a bus stop when someone called 911. From a
rooftop a mile away, the Chula Vista Police Department started the
rotors of a 13-pound drone.
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S31
Google's AI Overview Search Results Copied My Original Work
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Last week, an AI Overview search result from Google used one of my
WIRED articles in an unexpected way that makes me fearful for the
future of journalism.I was experimenting with AI Overviews, the
companyâ™s new generative AI feature designed to answer
online queries. I asked it multiple questions about topics
Iâ™ve recently covered, so I wasnâ™t shocked to see
my article linked, as a footnote, way at the bottom of the box
containing the answer to my query. But I was caught off guard by how
much the first paragraph of an AI Overview pulled directly from my
writing.
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S32
When a Video Game Developer Gets Outed as Abusive, What Happens Next?
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Jonathan's actions were irrefutable: Over the course of nearly a
decade, while working at a video game developer, he sexually assaulted
industry colleagues. One victim came forward, posting their story to
social media; others followed with stories of their own. The
consequences were swift. Colleagues, friends, and peers disavowed him.
He stepped away from his job and retreated from the public
eye.Jonathan, who asked that WIRED not reveal his identity, no longer
works in the video game industry. His decision to remain apart from
the community, he says, is the direct result of his actions. "I made
the choices I did, and I needed to hold the burden of those
consequences," he says. Had he remained in games, he felt he would be
placing an unfair burden on his colleagues, as well as making the
lives of those he abused more difficult.
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S33
13 Best Office Chairs (2024): Budget, Luxe, Cushions, Casters, and
Mats [[link removed]}&lead=419599&emailid=11948&nl=daily]
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Sitting at a desk for hours? Upgrade your WFH setup and work in style
with these comfy WIRED-tested seats.
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S34
2024 Ford Mustang Mach-E Rally First Drive: Price, Specs, Availability
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Is there a more natural place for someone to really floor it for the
first time in an electric car than the ballyhooed DirtFish Rally
School outside Seattle, Washington? With the gravel wet from a day of
cool, classic, spring Pacific Northwest rain? Surely there must be.And
yet, here I am, behind the wheel of the 2024 Ford Mustang Mach-E
Rally, politelyâand clearly all too slowlyâfollowing directions as a
very patient rally instructor asks me to "really punch it this time."
Shortly after this instruction, and nearly on purpose, I drive
sideways.
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S35
How to Follow the Boeing Starliner Mission
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Boeing's first ever human-crewed spacecraft has liftoff. Here's how to
follow its journey into space.
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S36
Boeing's Starliner Has Finally Launched a NASA Crew Into Space
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Seven years behind schedule, this month Starliner will send two
astronauts to space on a mission for NASA. The troubled company still
has lots of catching up to do.
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S37
Marc Andreessen Once Called Online Safety Teams an Enemy. He Still
Wants Walled Gardens for Kids
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In his polarizing "Techno-Optimist Manifesto" last year, venture
capitalist Marc Andreessen listed a number of enemies to technological
progress. Among them were "tech ethics" and "trust and safety," a term
used for work on online content moderation, which he said had been
used to subject humanity to "a mass demoralization campaign" against
new technologies such as artificial intelligence.Andreessen's
declaration drew both public and quiet criticism from people working
in those fieldsâincluding at Meta, where Andreessen is a board
member. Critics saw his screed as misrepresenting their work to keep
internet services safer.
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S38
Your Career Doesn't Need to Have a Purpose
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Outside of popular anecdotes and social media stories, there is little
evidence that a single, defined “purpose” is necessary for a
rewarding career. In fact, it can be quite the opposite. It’s
surprisingly common to go after what we think is our purpose only to
discover that we hate it. Instead, shift your focus from “purpose”
to “meaning.” Ask yourself:
Continued here
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S39
MLB Analytics With Scott Powers
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Wharton’s Cade Massey, Adi Wyner, and Shane Jensen speak with Scott
Powers, professor of sports analytics at Rice University, about MLB
analytics, WAR leaderboard, importance of the timing of RBI when it
comes to statistical value, team expectations, and more.©2024
Knowledge at Wharton. All rights reserved. Knowledge at Wharton is an
affiliate of the Wharton School of the University of Pennsylvania.
Continued here
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S40
Update Browser
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S41
Elon Musk's X defeats Australia's global takedown order of stabbing
video [[link removed]}&lead=419599&emailid=11948&nl=daily]
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Australia's safety regulator has ended a legal battle with X (formerly
Twitter) after threatening approximately $500,000 daily fines for
failing to remove 65 instances of a religiously motivated stabbing
video from X globally.
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S42
Canada demands 5% of revenue from Netflix, Spotify, and other
streamers [[link removed]}&lead=419599&emailid=11948&nl=daily]
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Canada has ordered large online streaming services to pay 5 percent of
their Canadian revenue to the government in a program expected to
raise $200 million per year to support local news and other home-grown
content. The Canadian Radio-television and Telecommunications
Commission (CRTC) announced its decision yesterday after a public
comment period.
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S43
Toyota tests liquid hydrogen-burning Corolla in another 24-hour race
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A couple of weekends ago, when most of the world's motorsport
attention was focused on Monaco and Indianapolis, Toyota President
Akio "Morizo" Toyoda was taking part in the Super Taikyu Fuji 24 Hours
at Fuji Speedway in Japan. Automotive executives racing their own
products is not exactly unheard of, but few instances have been quite
as unexpected as competing in endurance races with a hydrogen-burning
Corolla.
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S44
The Motorola Edge 2024 comes to the US for $550
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Motorola's newest phone is the Motorola Edge 2024. This is a mid-range
phone with the new Qualcomm Snapdragon 7s Gen 2. It costs $550 and
will be in stores June 20. Every Motorola phone nowadays looks exactly
the same, but Motorola assures us this is new.
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S45
Mystery object waits nearly an hour between radio bursts
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Roughly a year ago, astronomers announced that they had observed an
object that shouldn't exist. Like a pulsar, it emitted regularly timed
bursts of radio emissions. But unlike a pulsar, those bursts were
separated by over 20 minutes. If the 22-minute gap between bursts
represents the rotation period of the object, then it is rotating too
slowly to produce radio emissions by any known mechanism.
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S46
Oral-B bricking Alexa toothbrush is cautionary tale against buzzy tech
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As we’re currently seeing with AI, when a new technology becomes
buzzy, companies will do almost anything to cram that tech into their
products. Trends fade, however, and corporate priorities
shift—resulting in bricked gadgets and buyer's remorse.
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S47
Top news app caught sharing "entirely false" AI-generated news
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After the most downloaded local news app in the US, NewsBreak, shared
an AI-generated story about a fake New Jersey shooting last Christmas
Eve, New Jersey police had to post a statement online to reassure
troubled citizens that the story was "entirely false," Reuters
reported.
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S48
T-Mobile hopes you'll buy $30 "Home Internet Backup" for when cable
goes out [[link removed]}&lead=419599&emailid=11948&nl=daily]
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T-Mobile is hoping that home Internet customers who suffer from
frequent service outages will pay $30 a month for a "backup" 5G plan.
T-Mobile's new "Home Internet Backup," announced today, is intended to
be used only when a user's primary home Internet service goes down.
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S49
Russian agents deploy AI-produced Tom Cruise narrator to tar Summer
Olympics [[link removed]}&lead=419599&emailid=11948&nl=daily]
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Last year, a feature-length documentary purportedly produced by
Netflix began circulating on Telegram. Titled “Olympics have
Fallen” and narrated by a voice with a striking similarity to that
of actor Tom Cruise, it sharply criticized the leadership of the
International Olympic Committee. The slickly produced film, claiming
five-star reviews from the New York Times, Washington Post, and BBC,
was quickly amplified on social media. Among those seemingly endorsing
the documentary were celebrities on the platform Cameo.
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S50
Vaccines don't cause autism, but the lie won't die. In fact, it's
getting worse. [[link removed]}&lead=419599&emailid=11948&nl=daily]
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For years, the US Centers for Disease Control and Prevention has
bluntly stated the truth: "Vaccines do not cause autism," the agency
affirms on its website. Yet, nearly a quarter of Americans still don't
believe it.
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[[link removed]}&lead=419599&emailid=11948&nl=daily]
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-------------------------
CEO Picks - The best that international journalism has to offer!
S14
Move Over Apple, Nvidia Set to Become the Second Most Valuable Company
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Shares of Nvidia rallied to record highs on Wednesday, with the AI
chipmaker's stock market valuation on the verge of hitting the $3
trillion mark and overtaking Apple to become the world's second most
valuable company.Nvidia's stock has surged 145 percent so far in
2024, with demand for its top-of-the-line processors far outstripping
supply as Microsoft, Meta Platforms and Google-owner Alphabet race to
build out their AI computing capabilities and dominate the emerging
technology.
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S1
How Charley Hullâ™s viral cigarette lit up the golf world:
âÂÂItâ™s a little surrealâ™
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England's top golfer, a newly minted cult hero after being snapped
smoking at the US Open, has the whole-mood swagger of John Daly by way
of Kate Moss - and the game to back it up
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You Might Like
S2
'Weed nuns' v narcos: Meet Mexico's Sisters of the Valley
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The Sisters of the Valley are a group of women defying narco
traffickers and tradition at the same time.
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S3
The Portuguese pilgrimage you should do in 2024
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With 2024 expected to be the busiest year yet for the Camino de
Santiago, travellers should seek out the relatively untrodden 620km
Camino from Lisbon.
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You Might Like
S4
Major cause of inflammatory bowel disease found
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Scientists have found a weak spot in our DNA that is present in 95% of
people with the disease.
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S5
How air pollution is causing girls to get their first periods earlier
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New research shows that girls in the US are getting their first
periods earlier. Exposure to toxic air is partly to blame.
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S6
OpenAI insiders are demanding a âright to warnâ the publicÂ
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“I’m scared. I’d be crazy not to be,” one former employee
tells Vox.
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S7
Here are all 50+ sexual misconduct allegations against Kevin Spacey
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They span nearly half a century and paint a picture of a serial
predator.
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S8
What Hunter Biden tells us about America - FT (No paywall)
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Treating the rule of law as a partisan issue is the mark of a corroded
political culture
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S9
As seas rise, the relocation of Caribbean islanders has begun - The
Economist (No paywall) [[link removed]}&lead=419599&emailid=11948&nl=daily]
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The government-managed movement of 300 families from the island of
Gardi Sugdub is a test case for “planned retreat” in Latin America
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S10
2024's summer solstice is Earth's earliest since 1796
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On average, the summer solstice occurs on June 21 of most years, as
the Earth’s north pole is tilted maximally toward the Sun at a
particular moment on that day. As the Earth revolves around the Sun
over the course of a year, its axis remains pointed in the same
direction, so that the orientation of Earth in space goes through a
cycle:The equinoxes and solstices given here apply to the northern
hemisphere; in the southern hemisphere, seasonal equinoxes and
solstices are opposed, as seasons are determined by the direction that
Earth’s south pole points, rather than the north pole.
Continued here
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S11
Skill-building to the max: Why fluid "scaffolding" is essential
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While we can go it alone when it comes to challenge, the research
clearly shows that we often shouldn’t. As you get into a bit of hot
water while trying to get better, you have to focus. Intently. And
it’s often harder than we expect to maintain that focus and
self-control in the right ways for the right amount of time to get
better. With an expert’s help, we can take on more challenge and get
more skill out of it. This conclusion is central to the heap of
rigorous research on how kids build skill. Early in the twentieth
century, but in only the last few years of his short life,
psychologist Lev Vygotsky introduced a powerful idea, which he called
“a zone of proximal development.” Vygotsky spent many hours
studying the effects of school instruction. He found that whatever the
lesson—say reading—kids could do some things unaided, couldn’t
do some things at all, but there was an interesting middle ground
where they could do some tasks with guidance. He called this
interesting middle a zone of proximal development and inspired
generations of educational researchers to study how teachers could
most effectively help kids enter this zone and get the most from it.
Self-directed learning was all the rage back then—this was when
Montessori and Waldorf-style schools surged in popularity—and he
believed there was an important role for just the right kind of
guidance on tasks.
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S12
Here's why China's economy is stumbling -- but not about to fall
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On January 29, 2024, a court in Hong Kong ordered Chinese real-estate
giant Evergrande Group to begin liquidating its assets. The company,
founded in 1996, had taken advantage of China’s decades-long real
estate boom, quickly becoming the biggest developer in the world. But
by 2024, it had also become the most debt-ridden. Prohibited from
borrowing more money to complete its construction projects — 1,322
according to statistics from the China Index Academy —
Evergrande’s empire crumbled, sending shockwaves throughout the
Chinese economy and, by extension, the world.For years, it seemed like
the only direction the Chinese economy could go was up. Once one of
the poorest countries on Earth, China underwent an unprecedented
transformation following the market-oriented reforms of CCP Chairman
Deng Xiaoping, who, reminiscent of Vladimir Lenin’s short-lived New
Economic Policy, opened up its state-owned markets to private
enterprise. The growth kickstarted by these reforms, implemented in
the 1970s, lasted well into the late 2010s. During this time, the
Chinese economy consistently grew at a much faster pace than the U.S.
or Western Europe, elevating the lion’s share of its 1.4 billion
citizens from lower to middle class.
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S13
Autonomous Vehicles Aren't Going Anywhere Without Nvidia
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The Taiwanese company supplies startups with the microchips that form
the infrastructural backbone of the AI revolution. It has an
ever-present grip on demand for the monstrous computing power
necessary to build generative AI tools. Among those tools are
autonomous vehicles. Company CEO Jensen Huang said as much in Nvidia's
most recent earnings call, telling shareholders that Nvidia
microprocessors are vital for around 20,000 startups--including
automotive companies. It wasn't the first time a Nvidia executive
hyped the company's role in bringing the futuristic technology to
life. In February, CFO Colette Kress said on a separate investor call:
"Nearly every automotive company working on AI is working with
Nvidia."
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S15
From Downeast to Outer Space: bluShift Aerospace Setting Up in Maine
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Brunswick-based bluShift Aerospace hopes to turn Maine into a hub for
the launching of commercial nanosatellites and has been making
progress toward that goal for more than three years. A successful
recent round of fundraising means commercial suborbital launch is on
track to start in 2025, company officials said Tuesday.The small
satellite market currently relies on large companies, such as Elon
Musk's SpaceX, for deployment of satellites, and that leads to long
wait times, said bluShift CEO and founder Sascha Deri. Launching small
satellites from Maine can change that, Deri said."We see an enormous
need for dedicated, small-lift satellite deliveries to space," Deri
said, adding that customers are "seeking rapid, affordable access to
space and direct delivery to their desired orbit."
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S16
Tariff Hike on [[link removed]}&lead=419599&emailid=11948&nl=daily]
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U.S. Energy Secretary Jennifer Granholm said on Tuesday quadrupling
import duties on Chinese electric vehicles to over 100 percent in
August as planned is crucial to the health of the U.S. auto sector."We
need to have this industry here. And if we didn't do that, we would
just be ceding the entire territory to China like we saw happen with
solar panels," Granholm said in an interview Tuesday with Reuters
reporters and editors.
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S17
SpaceX's Next Starship Rocket Test Gets FAA Go-Ahead
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The U.S. Federal Aviation Administration (FAA) on Tuesday said it
issued a license for SpaceX's fourth flight of its Starship rocket
system, another test mission along the company's path to building a
reusable satellite launcher and moon lander.SpaceX, owned by Elon
Musk, is aiming to launch its nearly 400-foot-tall, two-stage Starship
as early as Thursday at 7 a.m. CDT from its rocket facilities in south
Texas, from which past flights in the company's test-to-failure
development campaign have launched.
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S18
Musk Confirms He Gave
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Tesla CEO Elon Musk redirected a shipment late last year of Nvidia's
artificial intelligence chips to the social media platform he owns, X.
The chips are crucial to Musk's ambitions to make Tesla into an AI and
robotics company, a controversial strategy that is tied to an ongoing
dispute over his compensation package. His choice to redirect them
from Tesla stokes critics' concerns over Musk's split leadership
duties.CNBC initially reported the H100 chip redirect, based on an
internal Nvidia memo from December, which also noted that two
subsequent shipments (in January and June) of chips, originally
intended for X, would be given to Tesla.
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S19
Small, Local Businesses May Have New Opportunities to Get Into Sam's
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After hosting an open call with local suppliers in Texas last
month, Walmart selected about 20 region-specific products--chosen
from more than 350 attending brands--to be stocked in Sam's Club
locations across the state, Bloomberg reported on Monday. The
products, including Yellowbird hot sauce and Culinary Cowgirls queso,
will be in Texas stores later this year. This isn't the first time
Walmart has made an effort to bring small businesses into its
stores. Walmart's annual Open Call in Bentonville, Arkansas,
invites American entrepreneurs and business owners to pitch their
products to Walmart and Sam's Club merchants, but its May event was
the company's first Texas-specific event. Sam's Club executives
told Bloomberg that the next local supplier open call is planned for
California, with events in other states to come.Â
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S20
The Hottest New Wearable Might Be One That Workers Wear in Scorching
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Welcome to this week's Founder Focus! I'm Melissa Angell, Inc.'s
policy correspondent, and each week I'll be dissecting some of the top
policy issues small businesses face. You can sign up to get this in
your inbox every week here.Cities such as San Antonio are reckoning
with excessive heat that's touching triple-digits this week as
temperatures continue to smash records around the globe. While those
high temperatures were first observed within historically hot spots
like California, Arizona, and Nevada, the National Weather Service is
seeing the heat scorch other states out West as well.
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S21
Derecho Devastation Underscores Need for Disaster Preparation
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Businesses in Texas and Louisana continue to see the fallout from a
destructive derecho, a type of violent storm which first hit the Gulf
Coast on May 16, and subsequent strorms that left more than one
million homes and businesses without power in the Houston area
alone. "You could see the sky darkening, you thought a storm was
coming, but you didn't really think much of it," says Kris Larson,
president and CEO of Central Houston, a nonprofit that advances the
vision for downtown Houston. "You thought it was going to be your
average summertime thunderstorm, and it turned into something very
different very fast."
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S22
This 7-Word Quote From D-Day Will Inspire You to Be a Better Leader.
Here's the Story Behind It
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People might have a sense of what the invasion of Normandy was like
from movies: Saving Private Ryan, Band of Brothers, maybe The
Longest Day. I'll embed the Saving Private Ryan beach scene at the
bottom of this newsletter, just in case.There are many stories, and
one of them has stuck with me for years. In fact, there's an
inspiring, 7-word quote from this story that I've found myself using
in many different contexts -- inspiring myself at least, and hopefully
other people.Â
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S23
Onboarding New Employees in a Hybrid Workplace
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As you’re navigating hybrid work, it’s a good moment to assess how
your onboarding processes enable or empower your new hires to thrive.
Researchers at Microsoft have conducted and identified studies that
suggest that onboarding to a new role, team, or company is a key
moment for building connections with the new manager and team and
doing so a few days in person provides unique benefits. But just
requiring newcomers to be onsite full time doesn’t guarantee
success. The authors explain and offer examples of how onboarding that
truly helps new employees thrive in the modern workplace is less about
face time and more about intention, structure, and resources.
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S24
Deloitte's Pixel: A Case Study on How to Innovate from Within
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In 2014, Deloitte launched Pixel to facilitate open talent and
crowdsourcing for client engagements that need specific expertise —
like machine learning or digital production. But uptake across the
organization was slow, and some internal stakeholders resisted
outsourcing consulting work to freelance talent.
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S25
How to Future-Proof Your Strategy
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Scoblic is a co-founder and principal of the consultancy Event Horizon
Strategies. In this episode, he explains how thoughtful and ongoing
scenario-planning exercises can help organizations decide which
investments will allow them to thrive — even in a crisis. He also
shares how to balance short-term factors with longer term modeling and
why it’s so important to ensure that your planning team is truly
diverse. As he says, “This is a case where diversity absolutely
matters, in all senses of the word, because what you want is to get
people to think outside of the box. It’s very difficult to do that
if you don’t recognize the box that you’re in.”
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S26
The Importance of Setting Boundaries with Your Mentor
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In a mentorship, having clear boundaries — along with responses to
share when those limits are transgressed — is important for
safeguarding your mental health, your privacy, and your productivity.
To establish them, have a conversation with your mentor, preferably at
the start of the relationship. You can start by flipping the script
and asking your mentor about their boundaries first: “Since this is
all new, though, I wanted to ask: What boundaries do you want to have
around our mentoring relationship?” Listen to their answers, taking
the opportunity to weigh in about your own boundaries as they share.
If your mentor says, “I really like to keep the details about my
personal life out of work,” you can weigh in, “Okay, that’s good
to know. I’m an open book, so I don’t mind sharing if you have
questions.”
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S27
Research: Why We Choose the Hard Way to Do Tedious Tasks
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In life and at work, we often get stuck persisting in unpleasant
activities even when more enjoyable and equally effective alternatives
exist. Research shows this happens due to “entrenchment,” where
repeating an activity blocks consideration of better options and makes
you more likely to keep doing it. The author’s research focuses on
enhancing well-being by limiting over-persistence in these tasks and
suggests solutions that include reducing repetition, dividing
attention, and alternating tasks to break the cycle of entrenchment.
By adopting strategies to prevent entrenchment, individuals and
organizations can increase employee satisfaction and efficiency.
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S28
The church of Roblox: How young Filipino Catholics are building more
inclusive spaces
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Manila’s Quiapo Church is the home of the Black Nazarene, a dark
statue of Jesus Christ that is said to have miraculous powers. The
church, founded more than 400 years ago, is revered by the nation’s
faithful, including the Roblox Filipino Catholics, who built a replica
of it on the online gaming platform.With its make-believe stained
glass windows and marble floors, it is one of several replicas of
Filipino churches built in exacting detail in the Lego-like aesthetic
of Roblox. On a recent Sunday, 50 avatars sat in the pews of the
virtual Quiapo Church, listening to a homily delivered by a member of
the Roblox Filipino Catholics group role-playing as a priest.
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S29
A US Company Enabled a North Korean Scam That Raised Money for WMDs
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Wyoming's secretary of state has proposed ways of "preventing fraud
and abuse of corporate filings by commercial registered agents" in the
aftermath of the scheme's exposure.
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S30
The Age of the Drone Police Is Here
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A WIRED investigation, based on more than 22 million flight
coordinates, reveals the complicated truth about the first full-blown
police drone program in the USâand why your city could be next.On a
Wednesday afternoon in August, Daniel Posada and his girlfriend were
screaming at each other at a bus stop when someone called 911. From a
rooftop a mile away, the Chula Vista Police Department started the
rotors of a 13-pound drone.
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S31
Google's AI Overview Search Results Copied My Original Work
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Last week, an AI Overview search result from Google used one of my
WIRED articles in an unexpected way that makes me fearful for the
future of journalism.I was experimenting with AI Overviews, the
companyâ™s new generative AI feature designed to answer
online queries. I asked it multiple questions about topics
Iâ™ve recently covered, so I wasnâ™t shocked to see
my article linked, as a footnote, way at the bottom of the box
containing the answer to my query. But I was caught off guard by how
much the first paragraph of an AI Overview pulled directly from my
writing.
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S32
When a Video Game Developer Gets Outed as Abusive, What Happens Next?
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Jonathan's actions were irrefutable: Over the course of nearly a
decade, while working at a video game developer, he sexually assaulted
industry colleagues. One victim came forward, posting their story to
social media; others followed with stories of their own. The
consequences were swift. Colleagues, friends, and peers disavowed him.
He stepped away from his job and retreated from the public
eye.Jonathan, who asked that WIRED not reveal his identity, no longer
works in the video game industry. His decision to remain apart from
the community, he says, is the direct result of his actions. "I made
the choices I did, and I needed to hold the burden of those
consequences," he says. Had he remained in games, he felt he would be
placing an unfair burden on his colleagues, as well as making the
lives of those he abused more difficult.
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S33
13 Best Office Chairs (2024): Budget, Luxe, Cushions, Casters, and
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Sitting at a desk for hours? Upgrade your WFH setup and work in style
with these comfy WIRED-tested seats.
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S34
2024 Ford Mustang Mach-E Rally First Drive: Price, Specs, Availability
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Is there a more natural place for someone to really floor it for the
first time in an electric car than the ballyhooed DirtFish Rally
School outside Seattle, Washington? With the gravel wet from a day of
cool, classic, spring Pacific Northwest rain? Surely there must be.And
yet, here I am, behind the wheel of the 2024 Ford Mustang Mach-E
Rally, politelyâand clearly all too slowlyâfollowing directions as a
very patient rally instructor asks me to "really punch it this time."
Shortly after this instruction, and nearly on purpose, I drive
sideways.
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S35
How to Follow the Boeing Starliner Mission
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Boeing's first ever human-crewed spacecraft has liftoff. Here's how to
follow its journey into space.
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S36
Boeing's Starliner Has Finally Launched a NASA Crew Into Space
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Seven years behind schedule, this month Starliner will send two
astronauts to space on a mission for NASA. The troubled company still
has lots of catching up to do.
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S37
Marc Andreessen Once Called Online Safety Teams an Enemy. He Still
Wants Walled Gardens for Kids
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In his polarizing "Techno-Optimist Manifesto" last year, venture
capitalist Marc Andreessen listed a number of enemies to technological
progress. Among them were "tech ethics" and "trust and safety," a term
used for work on online content moderation, which he said had been
used to subject humanity to "a mass demoralization campaign" against
new technologies such as artificial intelligence.Andreessen's
declaration drew both public and quiet criticism from people working
in those fieldsâincluding at Meta, where Andreessen is a board
member. Critics saw his screed as misrepresenting their work to keep
internet services safer.
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S38
Your Career Doesn't Need to Have a Purpose
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Outside of popular anecdotes and social media stories, there is little
evidence that a single, defined “purpose” is necessary for a
rewarding career. In fact, it can be quite the opposite. It’s
surprisingly common to go after what we think is our purpose only to
discover that we hate it. Instead, shift your focus from “purpose”
to “meaning.” Ask yourself:
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S39
MLB Analytics With Scott Powers
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Wharton’s Cade Massey, Adi Wyner, and Shane Jensen speak with Scott
Powers, professor of sports analytics at Rice University, about MLB
analytics, WAR leaderboard, importance of the timing of RBI when it
comes to statistical value, team expectations, and more.©2024
Knowledge at Wharton. All rights reserved. Knowledge at Wharton is an
affiliate of the Wharton School of the University of Pennsylvania.
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S40
Update Browser
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S41
Elon Musk's X defeats Australia's global takedown order of stabbing
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Australia's safety regulator has ended a legal battle with X (formerly
Twitter) after threatening approximately $500,000 daily fines for
failing to remove 65 instances of a religiously motivated stabbing
video from X globally.
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S42
Canada demands 5% of revenue from Netflix, Spotify, and other
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Canada has ordered large online streaming services to pay 5 percent of
their Canadian revenue to the government in a program expected to
raise $200 million per year to support local news and other home-grown
content. The Canadian Radio-television and Telecommunications
Commission (CRTC) announced its decision yesterday after a public
comment period.
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S43
Toyota tests liquid hydrogen-burning Corolla in another 24-hour race
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A couple of weekends ago, when most of the world's motorsport
attention was focused on Monaco and Indianapolis, Toyota President
Akio "Morizo" Toyoda was taking part in the Super Taikyu Fuji 24 Hours
at Fuji Speedway in Japan. Automotive executives racing their own
products is not exactly unheard of, but few instances have been quite
as unexpected as competing in endurance races with a hydrogen-burning
Corolla.
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S44
The Motorola Edge 2024 comes to the US for $550
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Motorola's newest phone is the Motorola Edge 2024. This is a mid-range
phone with the new Qualcomm Snapdragon 7s Gen 2. It costs $550 and
will be in stores June 20. Every Motorola phone nowadays looks exactly
the same, but Motorola assures us this is new.
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S45
Mystery object waits nearly an hour between radio bursts
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Roughly a year ago, astronomers announced that they had observed an
object that shouldn't exist. Like a pulsar, it emitted regularly timed
bursts of radio emissions. But unlike a pulsar, those bursts were
separated by over 20 minutes. If the 22-minute gap between bursts
represents the rotation period of the object, then it is rotating too
slowly to produce radio emissions by any known mechanism.
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S46
Oral-B bricking Alexa toothbrush is cautionary tale against buzzy tech
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As we’re currently seeing with AI, when a new technology becomes
buzzy, companies will do almost anything to cram that tech into their
products. Trends fade, however, and corporate priorities
shift—resulting in bricked gadgets and buyer's remorse.
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S47
Top news app caught sharing "entirely false" AI-generated news
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After the most downloaded local news app in the US, NewsBreak, shared
an AI-generated story about a fake New Jersey shooting last Christmas
Eve, New Jersey police had to post a statement online to reassure
troubled citizens that the story was "entirely false," Reuters
reported.
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S48
T-Mobile hopes you'll buy $30 "Home Internet Backup" for when cable
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T-Mobile is hoping that home Internet customers who suffer from
frequent service outages will pay $30 a month for a "backup" 5G plan.
T-Mobile's new "Home Internet Backup," announced today, is intended to
be used only when a user's primary home Internet service goes down.
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S49
Russian agents deploy AI-produced Tom Cruise narrator to tar Summer
Olympics [[link removed]}&lead=419599&emailid=11948&nl=daily]
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Last year, a feature-length documentary purportedly produced by
Netflix began circulating on Telegram. Titled “Olympics have
Fallen” and narrated by a voice with a striking similarity to that
of actor Tom Cruise, it sharply criticized the leadership of the
International Olympic Committee. The slickly produced film, claiming
five-star reviews from the New York Times, Washington Post, and BBC,
was quickly amplified on social media. Among those seemingly endorsing
the documentary were celebrities on the platform Cameo.
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S50
Vaccines don't cause autism, but the lie won't die. In fact, it's
getting worse. [[link removed]}&lead=419599&emailid=11948&nl=daily]
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For years, the US Centers for Disease Control and Prevention has
bluntly stated the truth: "Vaccines do not cause autism," the agency
affirms on its website. Yet, nearly a quarter of Americans still don't
believe it.
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