The Daily Index — Friday, June 2, 2023 · TLDR Index

Across today’s newsletters

Today’s Index

TLDR

ITS OWN

Mark Zuckerberg posted a teaser for Meta's Quest 3 headset on Instagram on Thursday. The Quest 3 will launch in the fall for $499. Meta appears to still be spending heavily on the metaverse. Its Reality Labs unit reported an operating loss of $3.99 billion in the company's first quarter while generating $399 million in revenue. The price for the Quest Pro headset that launched last October has been dropped from $1,499.99 to $999.99. A link to the teaser video is available in the article.

cnbc.com · 2 min

TLDR AI

$1M AI SECURITY GRANT

OpenAI is launching a grant program to support cyber security professionals using AI and combating AI enabled systems. They are accepting applications and have a number of ideas to show the types of projects they're looking to support.

openai.com · 6 min

TLDR Web Dev

RATE LIMITING FUNDAMENTALS

This article is an in-depth exploration of rate limiting. Rate limiting restricts the number of times users or services can access a resource such as an API or network. The piece delves into the uses, benefits, and applications of rate limiting. It also examines its key design considerations and popular algorithms, like Fixed Window Counter and Sliding Window Log. The article explains the core concepts involved in rate limiting implementations and describes the types of rate limiting responses.

open.substack.com · 6 min

TLDR Crypto

MAKERDAO PAVES WAY FOR ADDITIONAL $1.28B U.S. TREASURY PURCHASE

The community governing MakerDAO has approved the purchase of up to $1.28 billion in US government bonds via BlockTower Capital. The vote supports the opening of a new real-world asset vault funded by Maker's overcollateralized DAI stablecoin. This move is part of Maker's strategy to diversify the reserve assets backing DAI and generate revenue through yield strategies. It also highlights the growing demand for traditional financial instruments among crypto-native entities like DAOs.

coindesk.com · 2 min

TLDR Founders

ACCELERATING NEW HIRE PRODUCTIVITY

It takes, on average, 8 months for new hires to become productive, however the best companies can reduce that duration to 3 months, this saving $50,000 for a $120,000 employee.

threadreaderapp.com · 4 min

TLDR

LISA SU SAVED AMD. NOW SHE WANTS NVIDIA'S AI CROWN

AMD was floundering when Lisa Su took over as CEO in 2014. Su was able to take advantage of missteps by Intel and signed deals with many large customers, bringing the company out of trouble and even overtaking rival Intel in market capitalization. AMD now plans to produce chips to break Nvidia's near-monopoly on the processors that power generative AI technologies. The company plans to have AI in every one of its products in five years. This article talks about Su's time at AMD and her plans for the company for the next few years.

forbes.com · 13 min

TLDR

BLUETOOTH NETWORK

Seattle-based startup Hubble Network wants to launch a satellite network that any Bluetooth-enabled device from anywhere in the world can connect to. It aims to build out a constellation of 300 satellites to provide real-time updates for any sensor or device with a Bluetooth low-energy chip. Hubble's technology allows radio signals to be detected around 1,000 kilometers away. The company plans to launch an initial batch of four satellites in January 2024.

techcrunch.com · 3 min

TLDR

ZAPPING THE BRAIN DURING SLEEP HELPS MEMORIES FORM

Researchers at UCLA and Tel Aviv University have found a way to improve people's memories by stimulating the brain with gentle electric pulses during sleep. The researchers suspected that the part of the brain where memories are initially stored communicates with another part of the brain during sleep as part of the process of memory consolidation. The study confirmed the communication between the two parts of the brain and demonstrated a way to strengthen the connection. The team is now exploring whether AI can help identify brain activity linked to specific memories.

freethink.com · 3 min

TLDR

WATCH TRANSITIONS IN SLOW MOTION IN CHROMES DEVTOOLS

Chrome's devtools allow developers to watch animations play out in slow motion. This enables easier debugging. Some issues happen too fast and can't be detected without slow motion. To watch animations in slow motion, developers just need to access the console drawer in Chrome devtools and then choose the 'Animations' panel from the 'More' menu. A menu will appear that allows users to set animation speed.

blog.jim-nielsen.com · 2 min