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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

ELON MUSK WANTS TWITTER / X TO REPLACE YOUR BANK ACCOUNT. HERE'S HOW IT'LL WORK.

Elon Musk wants to turn X into a financial hub that will fully replace the needs for banks within a year. Musk had plans to create an online bank called X with PayPal back in July 2000, but his plans never came to fruition. X aims to allow money to flow as freely as information or conversation on the platform. The company has already secured first money transmitter licenses in several states. It aims to make the service run globally.

HOW GRAB CATEGORIZES TENS OF MILLIONS OF USERS IN MILLISECONDS

Grab operates a Segmentation Platform to categorize users, drivers, and restaurants into segments for various purposes, such as experimentation, blacklisting, and marketing. This platform handles substantial workloads, with impressive performance metrics of up to 12,000 reads per second, 36,000 writes per second, and a low P99 latency of 40 milliseconds. It consists of two key subsystems: Segment Creation, powered by Apache Spark, and Segment Serving, supported by Go services and ScyllaDB for efficient data storage and retrieval.

HESTER PEIRCE: SEC CASE AGAINST LBRY ‘UNSETTLED ME’

SEC Commissioner Hester Peirce has expressed disagreement with the SEC's recent case against crypto company LBRY, arguing that its enforcement-driven approach to the crypto industry is flawed. She questions whether the closure of LBRY, an operational company with real-world blockchain applications, actually benefits investors or the market. For context, Peirce has consistently advocated for a spot bitcoin ETF and leniency towards crypto, emphasizing the need for clear regulations before enforcement.

JEFF BEZOS SHOWS OFF NEW MOON LANDER DESIGN FOR NASA

Jeff Bezos recently showed off low-fidelity mock-ups of Blue Origin's Blue Moon lander to NASA officials. The Blue Moon lander is designed to deliver up to 3 metric tons of cargo anywhere on the lunar surface. Blue Origin will be responsible for transporting astronauts between lunar orbit and the surface of the Moon and back to space on the Artemis V mission scheduled for 2029. Pictures of the lander are available in the article.

WHERE THE HECK DID ALL THOSE STRUCTURES INSIDE COMPLEX CELLS COME FROM?

Eukaryotic cells have membrane-bound nuclei and a system of internal membranes called the endoplasmic reticulum. There are several competing theories about how these structures developed. Scientists have only recently been able to start investigating the origin of these structures using new technologies. This article provides an overview of the theories around the structures and a roadmap of how scientists plan to uncover their beginnings.

LESSONS LEARNED FROM TWENTY YEARS OF SITE RELIABILITY ENGINEERING

This article lists 11 things Site Reliability Engineers at Google have learned from 20 years of working in the field. Google is now over 1,000 times as large as it was 20 years ago, with a network 10,000 times larger. The company now spends far less effort per server than it used to while enjoying much better reliability. Its tools have evolved throughout the years into a unified platform that offers reliability by default.

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