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THE DAILY INDEX

Technology, AI, software, security, crypto and business

PROGRAMMING, DESIGN & DATA SCIENCE

TLDR

DON'T FIX IT JUST BECAUSE IT'S TECHNICAL DEBT

Technical debt is when developers make a decision to borrow against their future productivity in order to achieve earlier product delivery, and because of that decision, they must make recurring interest payments in the form of wasted effort. While engineers hate waste, management sees the issue in terms of costs. If there are significant cost savings by spending time reducing wasted effort, then managers will see it as a good investment, otherwise they may think developers should just keep on wasting that effort. Companies exist to make money, not reduce wasted effort.

NEW TEXAS STOCK EXCHANGE TAKES AIM AT NEW YORK'S DOMINANCE

The Texas Stock Exchange (TXSE) plans to file registration documents with the Securities and Exchange Commission later this year. It aims to begin facilitating trades in 2025 and host its first listing in 2026. The exchange will be entirely electronic, but it will have a physical presence in downtown Dallas. It plans to compete for primary and dual listings and attract listings of exchange-traded products.

CHINA'S PLAN TO DOMINATE EV SALES AROUND THE WORLD

BYD picked Brazil for its first car-making hub outside of Asia after its founder met with the Brazilian president last year. The company has taken over an abandoned Ford factory in Camaçari. It plans to invest over a billion into the project and start producing electric and hybrid automobiles this year. The site will also produce bus and truck chassis and process battery materials. BYD is also looking for lithium mining assets in the country.

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