Hackers plundered digital wallets in a massive breach of Binance systems. Co-CEO Richard Tang says the company will cover all losses using internal capital and its SAFU emergency reserve.
The tape Tech Brew Ride Home · Oct 30
“The hackers plundered $6.3 billion from the exchange's digital wallets by breaking into a Binance engineer's laptop, among other breaches, Binance said.”
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Big Technology Podcast · Big Tech's Ugly Week, Getting Rich At Anthropic, AI Costs PlungeOct 30
Anthropic is preparing to go public after securing $800 billion in multi-year hyperscaler commitments while raising its compute returns to $2.08 for every dollar spent.
The Vergecast · The delightfully messy state of Apple gadgetsOct 30
Reddit search traffic plunged in October as Google rolled out AI summaries. Reddit CEO Steve Huffman warns that Google's new AI mode 'does not drive traffic' to external sites.