TLDR Index
TLDR

TLDR 2024-02-23

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01BIG TECH & STARTUPS

NVIDIA ADDED $272 BILLION IN MARKET VALUE THURSDAY, THE LARGEST ONE-DAY GAIN EVER

Nvidia recorded the largest-ever single-day jump in market value a day after it announced its quarterly earnings and a sales outlook that exceeded analysts' expectations. The company's value rose 16.4%, adding $272 billion to its market cap. Its market cap now stands at $1.94 trillion. The previous record was set by Meta just two weeks ago - Meta added $205 billion to its market cap after it beat earnings forecasts and announced its first dividend.

investopedia.com3 min read

REDDIT FILES TO LIST IPO ON NYSE UNDER THE TICKER RDDT

Reddit has filed an IPO with the SEC after a yearslong run-up. The social media site plans to trade on the New York Stock Exchange under the ticker symbol RDDT. This will be the first major tech IPO of the year and the first social media IPO since Pinterest went public in 2019. Reddit had $804 million in annual sales in 2023, up 20% from the previous year. Its core business is reliant on online advertising sales from its website and mobile app. Reddit moderators will be allowed to participate in the IPO through the company's directed share program.

cnbc.com4 min read

02SCIENCE & FUTURISTIC TECHNOLOGY

VARDA SPACE, ROCKET LAB NAIL FIRST-OF-ITS-KIND SPACECRAFT LANDING IN UTAH

Varda Space Industries' in-space drug manufacturing capsule has finally returned to Earth after more than eight months in space. The capsule landed in the Utah desert, marking the successful conclusion of Varda's first experimental mission to grow pharmaceuticals in orbit. This was the first time a commercial company landed a spacecraft on US soil. The mission launched in June last year and was supposed to just be a month long, but it was extended due to issues obtaining a commercial reentry license.

techcrunch.com3 min read

TEST FLIGHTS ON TAP FOR SPACE PERSPECTIVE’S LUXURY HIGH-ALTITUDE BALLOON

Space Perspective could begin test flights of its luxury high-altitude balloon within the next couple of months. The company plans to fly its pressurized capsule unmanned over the Atlantic Ocean off the coast of Cape Canaveral using a giant high-altitude balloon. Space Perspective plans to start building its second capsule for human test flights during the test program. The company's aim is to eventually offer regular commercial flights carrying paying customers to 100,000 feet, above 99% of the Earth's atmosphere, where the sky will be black.

arstechnica.com5 min read

03PROGRAMMING, DESIGN & DATA SCIENCE

Sponsored

INSIGHTS LEARNED FROM EXAMINING 2.4BN CONTAINERS

The container landscape is changing, with many organizations exploring innovative technologies such as serverless containers and GPU-based computing. Datadog [9] examined more than 2.4 billion containers [9] run by tens of thousands of customers. This report distills their 10 key findings [9] on container usage, security, and implementation patterns. Download 10 Insights On Real-World Container Usage (PDF) from Datadog

datadoghq.comSponsor

datadoghq.com

JSR: WHAT WE KNOW SO FAR ABOUT DENO’S NEW JAVASCRIPT PACKAGE REGISTRY

JSR is a new package registry from the team behind Deno. It has several significant technical divergences from npm. JSR is specifically built for Deno and its content is controlled to prevent squatters and abandoned modules from taking up namespace. Access to JSR is still restricted to a waiting list.

socket.dev12 min read

PAGES CMS

Pages CMS is an open-source content management system built for static websites. It allows developers to edit website content directly on GitHub via a user-friendly interface. Pages CMS is intended to be deployed with Cloudflare Pages using Cloudflare Workers for the serverless code.

github.comGitHub repository

04MISCELLANEOUS

THE MOBILE S-CURVE ENDS, AND THE AI S-CURVE BEGINS

S-curve products are fueled by novelty. This is why there is a rush of new users without much marketing effort whenever there are major tech releases. There is both high growth and high churn in the early stages of an S-curve. The skills needed to succeed in a late S-curve market are very different. Investors will be looking for products that are radically different. A good design can help differentiate late S-curve products.

twitter.com12 min read

BLUESKY OPENS UP FEDERATION, LETTING ANYONE RUN THEIR OWN SERVER

Bluesky, a federated social network that began as a project funded by Twitter under Jack Dorsey, is now allowing anyone to run their own server. Its decentralized model uses a different protocol than the one that Mastodon uses. Federation allows users to host their own data and accounts and make their own rules. There is a growing interest in federated social networks as consumers want to have more control over their personal data.

techcrunch.com4 min read