EXCLUSIVE: Cryptocurrency Brokerage eToro to Abandon Deal to Go Public via SPAC Merger Read Now

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Google Now Using DeepMind’s AI to Automatically Cool Data Centers

Alphabet’s DeepMind and Google are using AI to automatically control cooling settings for multiple Google data centers, the companies announced in a joint blog post . It’s the latest milestone for a project that came to light two years ago, in which DeepMind’s AI software recommended cooling settings for Google data centers and humans made the call on whether to implement them.  Automating data...

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The Briefing Crypto Markets
Ugly Quarter for Crypto and Tech Stocks Ends; No Joy for Ron Johnson
Ron Johnson. Photo by Bloomberg.
Tonight we’re closing the books on the second quarter of 2022, a period no one is likely to mourn. The stock market’s slide turned into a collapse. Bitcoin prices tumbled off a cliff. Layoffs took off. SPAC mergers fell apart. And even the lively business news event that started the quarter, Elon Musk’s investment in and subsequent bid for Twitter, turned into a quagmire of uncertainty.As if to...
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China’s Tencent, ByteDance Implement New Round of Layoffs
Meta Executive Warns of ‘Fierce’ Headwinds
BlockFi CEO Denies Reports of $25 Million Acquisition by FTX
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Amazon's logo on a tent at Cannes this week. Photo by Reuters.
Amazon
Amazon’s Ad Staffers Flee Amid Complaints of Bloat, Bureaucracy
In the years immediately before Covid-19 sidelined the global advertising festival in Cannes, Amazon kept a low-key presence at the annual gathering of ad and tech people.
Art by Clark Miller
Scene and Heard Crypto Culture
‘The Last Great Party’: With Crypto Winter Coming, NFT Lovers Try to Stave Off Reality
Ten days before NFT.NYC began last Monday in New York, I interviewed the conference’s founder, Jodee Rich, about how the crypto market’s collapse would impact this year’s gathering.
Tesla's Fremont factory, in a photo taken in May 2020.
Exclusive Autonomous Vehicles
At Tesla, Returning to the Office Creates New Problems
On the evening of June 8, speaking from Tesla’s factory in Fremont, Calif., Elon Musk addressed a few dozen of the electric car maker’s employees in person, and thousands more in a livestream.
From left: Brooke Hainey & Keith George, co-founders of Cortina; Bennett Carroccio, co-founder of Canal; Conner Sherline, founder of Disco.
Startups to Watch Startups E-commerce
Three Startups That Help Online Retailers Cut Out Facebook Ads
Direct-to-consumer brands that rely heavily on Facebook and Instagram ads have been reeling ever since Apple’s 2021 privacy changes made it harder and more expensive to land new customers.
Art by Haejin Park
Opinion
A Girl Killed Herself. It Took TikTok Six Months to Remove Her Account.
Nina is the name I’ll use for the girl who loved my 16-year-old son. Until recently, when he wanted to think about her, he could still find her videos on TikTok, including the ones she posted under a false name while she was a patient in a psychiatric hospital.
Coinbase CEO Brian Armstrong. Photo: Bloomberg
Coinbase Pulls Back Its Startup Investing as Others Weigh Options
Investors are fleeing crypto as the markets collapse. So will big crypto companies keep pumping money into startups to help the fledgling industry stay afloat?