Bitcoin traders are not concerned about whether we are in a recession or not

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I’ve scoured the internet for the most entertaining/important/scary/amazing stories about technology today.

1 Bitcoin traders don’t care about failure
A debate on the definition of economic failure, and if we are in one, we feel it would be interesting. (CoinDesk)
+ Technically, the United States may be in recession right now, but most of the economy is strong. (the guard)
+ This is why the meaning of the famous recession is not public. (Atlantic $)
+ Bitcoin price is heading for its best month since 2021.. (Bloomberg $)

2 Iran is ramping up its drone production.
It wants to sell to foreign buyers, including Russia. (NYT$)
+ Why business is booming for military AI startups.. (MIT Technology Review)

3 The CHIPS Act will not address the semiconductor shortage.
Partly because the shortage seems to be easing anyway. (recoded)
+ A multi-billion bundle should be invested wisely.. (wired $)
+ Chipmakers say they urgently need the subsidies promised by the bill. (FT$)

4 Democrats Don’t Release Joe Biden’s Deeply Lying Video
Despite the best efforts of conspiracy theorists to convince the internet. (BBC)
+ The biggest threat to deepfakes isn’t the deepfaces themselves. (MIT Technology Review)

5 Online anger is effective and temporary.
Refusing to stoop to their level makes the issue much more frustrating to deal with. (Atlantic $)

6 Adhesive Patches Could Change How We Take Ultrasound
Patients can wear it at home instead of attending hospital appointments. (the guard)

7 Chinese idols burned
Their adoring fans don’t always think of the people behind the animation. (rest of the world)
+ How China’s biggest online influencers fell from their thrones. (MIT Technology Review)

8 TikTok is run by strangers, not friends.
The platform rejected the social model promoted by Facebook with great success. (New York Dollar)
+ Instagram has scrapped the much-hated recent changes under duress (and only temporarily). (now $)
+ Facebook promises to double down on AI-recommended feed content. (motherboard)
+ Snap and TikTok offer richer and more interesting recommendations than Google. (Slate)

9 This Institute for Aging Research wants to help you live better, not more.
But the prospect of death looms large. (Neo.Life)
+ Saudi Arabia plans to spend $1 billion a year on anti-aging treatments. (MIT Technology Review)

10 Connect with people who care about the cloud online ☁️
Often under incredibly punitive circumstances. (yes)

Quote of the day

“What annoys me the most is when I’m accused of twisting the truth. As meteorologists, we present the facts, there’s no conspiracy.”

—Meteorologist and weather presenter Thomas Schafernacker told his employer, the BBC, that he was upset by online attacks from climate change opponents following the recent heat wave in England.

The big story

Meet the wounded veteran who received a penile transplant

October 2019

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