The Daily Index — Tuesday, December 5, 2023 · TLDR Index

Across today’s newsletters

Today’s Index

TLDR

SPOTIFY JUMPS AFTER SAYING IT WILL CUT 17% OF WORKFORCE

Spotify is laying off 17% of its workforce to reduce costs and adjust for a slowdown in growth. News of the layoffs sent Spotify shares up more than 7%. Spotify says it took on too many employees over 2020 and 2021. The company reported a 65 million euro profit for the third quarter. The layoffs could supply a nearly 2% reduction in operating expenses in 2024.

cnbc.com · 8 min

TLDR AI

Tired of guessing whether your model is good enough? Openlayer

lets you build AI products with the rigor of traditional software — with testing, evaluation, and observability [5]. Manage models, identify edge cases, and detect production errors. It only takes. one line of code [5] to get started:

openlayer.com

TLDR Web Dev

10 BEST PRACTICES IN FRONT-END DEVELOPMENT

This article covers best practices in front-end development, with code examples for each practice described. The practices described include improving code organization by using export barrels, named exports, absolute paths, proper file naming, and separating logic when possible. Other general best practices include distinguishing hooks from utility functions, using custom hooks for logic reusability, and applying proper linting to the code base.

medium.com · 12 min

TLDR Crypto

STANDARD CHARTERED-BACKED ZODIA CUSTODY JOINS RIPPLE-OWNED METACO’S GLOBAL CRYPTO STORAGE NETWORK

Zodia Custody, a crypto storage provider backed by Standard Chartered, is joining Metaco's network, a settlement and safekeeping infrastructure provider for digital assets. The partnership aims to offer global sub-custody, where one institution uses another to hold its assets. Hailed as the "third generation of crypto custody," this move is part of an emerging trend towards improved counterparty risk management in the crypto space.

coindesk.com · 2 min

TLDR Product

EXISTING AND EMERGING SPECIALIZATIONS IN PRODUCT MANAGEMENT

There is a trend of increasing specialization in product management. Industry, technology, audience, product type, and skill are all different specializations that PMs can intentionally focus on as their careers progress.

linkedin.com · 2 min

TLDR

TESLA IS OFFICIALLY LOSING HALF $7,500 TAX CREDIT ON TWO MODEL 3 TRIMS

Tesla has confirmed that it will lose half of the $7,500 tax credit on the Model 3 Rear-Wheel-Drive and Model 3 Long Range from next year. The eligibility criteria for the $7,500 federal tax credit have changed to include things like price and source of components. The battery material criteria are becoming more strict to include more batteries and materials built in North America. This will likely be helpful for Tesla in Q4 as they are trying to sell a record number of vehicles to deliver on its annual guidance.

electrek.co · 3 min

TLDR

WHERE ARE ALL THE ROBOT TRUCKS?

Despite claims that autonomous vehicles reduce accidents and assurances that they won't displace truckers, autonomous trucks still scare the public and alarm labor groups. Some major companies claim they have achieved Level 4 automation, which means their vehicles can be operated without human presence. Several companies have plans to launch their vehicles within the next few years. This article looks at the upcoming wave of autonomous trucks and the issues that will need to be overcome before they become a common sight on the road.

theverge.com · 14 min

TLDR

THIS $1,000 CARD CAN STORE A MESSAGE IN DNA

Startup Biomemory has released DNA cards that can store one kilobyte of data for at least 150 years. The company encodes the data by chemically synthesizing strands of DNA base by base in a process that takes about 8 hours. Customers will have to send their DNA cards to Biomemory's partner Eurofins Genomics to decode the data. They will not get their cards back after the data has been decoded. A pack of two identical cards costs $1,000.

theverge.com · 3 min

TLDR

HOW GOOGLE TAKES THE PAIN OUT OF CODE REVIEWS, WITH 97% DEV SATISFACTION

Google's internal code review tool Critique is highly rated among software engineers. This article looks at what makes Critique so good and explains how it pairs with Google's process of code review. It covers Google's guidelines for efficient code review, internal statistics on Google code reviews, and more. While Critique will never be open-sourced, Google maintains a similar open-source code review tool called Gerrit.

engineercodex.substack.com · 11 min