Ethereum Foundation Completes ‘Merge’ for Energy Efficiency

Ethereum completed its highly anticipated software upgrade known as The Merge last week, shifting to a more eco-friendly and sustainable framework. The upgrade is designed to reduce Ethereum’s energy consumption while making the platform cheaper and easier to use and laying the groundwork for future improvements. Ethereum developers prepared with diligence and attention to detail, but the industry was still on pins and needles as engineers scanned for snags and, though unlikely, braced for the possibility of systemwide collapse. Huge in scale, it was a high-wire act transitioning a live network. Continue reading Ethereum Foundation Completes ‘Merge’ for Energy Efficiency

Amazon Reports Online Sales Are Down While Revenue Is Up

Amazon increased revenue by 7 percent to $121.2 billion in the second quarter, beating analyst expectations and sending the stock soaring 12 percent despite a $2 billion loss. That contrasts with a $7.8 billion profit for the same period last year. The loss was due in part to Amazon’s investment in the electric car company Rivian, whose value has plunged this year. “Despite continued inflationary pressures in fuel, energy, and transportation costs, we’re making progress on the more controllable costs we referenced last quarter, particularly improving the productivity of our fulfillment network,” said Amazon CEO Andy Jassy. Continue reading Amazon Reports Online Sales Are Down While Revenue Is Up

Meta Plans Hiring Cuts as It Gears Up for ‘Fierce Headwinds’

Meta Platforms is preparing for a steep economic downturn that CEO Mark Zuckerberg is trying to get in front of by cutting costs and refocusing priorities. Engineering hires will be cut by 30 percent this year, with fewer than 7,000 additions as opposed to the original target of 10,000. The pivot comes at a time when Meta is seeking to expand on several fronts. The company reportedly needs to increase by fivefold the computing power of its data centers in order to accommodate the artificial intelligence technology that will be necessary to support its new “discovery” push.  Continue reading Meta Plans Hiring Cuts as It Gears Up for ‘Fierce Headwinds’

Mintlify Leverages AI to Auto-Generate Code Documentation

A seed round by Ithaca, New York-based software firm Mintlify has raised $2.8 million led by Bain Capital Ventures. The startup uses artificial intelligence to automate software documentation. CEO and co-founder Han Wang says the funds will go to product development and hiring that will increase the company’s small staff. Mintify was launched in 2021 by Wang and Hahnbee Lee, a pair of software engineers who were driven to address a pressing industry need: quality documentation. A 2017 survey by GitHub found that 93 percent of developers listed incomplete or outdated documentation as an industry-wide problem. Continue reading Mintlify Leverages AI to Auto-Generate Code Documentation

Big Tech Attempts to Balance Worker Needs Moving Forward

Alphabet conducted internal research that found Google software engineers felt as productive working from home as before the pandemic, although 75 percent of employees said they wanted more “collaboration and social connections” at work. Human resources vice president Brian Welle reported that “most staff also specifically craved physical proximity when working on new projects.” As a result, Alphabet still plans to bring employees back to the office this fall, although some will be able to work full-time from home. Continue reading Big Tech Attempts to Balance Worker Needs Moving Forward

Amazon Hires, Builds and Grows During the COVID Pandemic

In August and September, Amazon revealed plans to hire 20,000 more employees in seven cities in the U.S. and the UK. The massive e-commerce company has seen tremendous growth during the coronavirus pandemic as have other retailers including Walmart, Target and Instacart. Amazon, which continues to allow employees who can work from home to do so until January 8, is continually recruiting hourly positions at warehouses. Although it pays a minimum of $15 an hour, Amazon no longer provides incentive pay or stock for hourly workers. Continue reading Amazon Hires, Builds and Grows During the COVID Pandemic

Magic Leap Turning to Blockchain Ecosystem for User Data

Magic Leap has posted job listings for a senior blockchain architect tasked with “overarching responsibility for planning and execution of a portfolio of blockchain, smart contracts and Ricardian contract technologies,” as well as helping to “develop an overall blockchain ecosystem engagement strategy.” The company also advertised positions for several blockchain engineers. The job listings stated that Magic Leap plans to use blockchain for its “Lifestream business function,” referring to its planned archive of user data. Continue reading Magic Leap Turning to Blockchain Ecosystem for User Data

Onshape App for Magic Leap Powers 3D Engineering Design

Cambridge, Massachusetts-based Onshape, a cloud-based CAD (computer-aided design) manufacturer, has created an application for use with Magic Leap’s augmented reality glasses to let engineers collaborate in designing products. Shown as a technology demonstration at the L.E.A.P. conference, Onshape’s tool was one of the few applications that was not entertainment-related and proved the concept of spatial computing’s power touted by Magic Leap chief exec Rony Abovitz. Onshape’s leadership includes the original creators of SolidWorks, a popular CAD tool. Continue reading Onshape App for Magic Leap Powers 3D Engineering Design

As Job Market Improves, Demand for Programmers Hits High

One of the greatest challenges to today’s economic growth is a lack of technology talent. Companies are adopting new strategies to find qualified software engineers, programmers and developers, including new apprenticeship and internship programs. The national unemployment rate hit 4.1 percent in January, its lowest since 2000. As the job market improves, demand for tech talent also increases. For software engineers, the unemployment rate was a mere 1.9 percent last year, which was down from 4 percent in 2011.

Continue reading As Job Market Improves, Demand for Programmers Hits High

AT&T, Verizon and Tillman to Build Hundreds of Cell Towers

AT&T and Verizon announced they are partnering with New York-based Tillman Infrastructure to build hundreds of new cell towers that will be introduced to locations presently in need of additional coverage. The towers will be built to suit AT&T and Verizon. The two telecom leaders plan to lease and co-anchor the towers, and possibly relocate equipment from their current towers. Construction on the first towers is scheduled to begin early in 2018, with installation of equipment and operation to begin shortly after. Continue reading AT&T, Verizon and Tillman to Build Hundreds of Cell Towers

YouTube Go Maximized for New Users of Brazil, China, India

YouTube has spent more than a year creating YouTube Go, a site that has been customized to accommodate the limitations and needs of millions of new users from Brazil, China, India and Indonesia. These new users, online for the first time, bring different devices, connectivity and ideas about what the Internet is to them. YouTube has sent designers, engineers and researchers to those countries to plan a strategy. The challenges are balanced by the chance to engage more than one billion people of every socioeconomic level. Continue reading YouTube Go Maximized for New Users of Brazil, China, India

The U.S. Government Relinquishes its Control of the Internet

As of October 1, an agreement with the Commerce Department expired and the “National Telecommunications and Information Administration no longer exercises control over the Internet Corporation for Assigned Names and Numbers (ICANN), which has long been the manager of Internet domain names,” reports Digital Trends. ICANN will now serve as an independent non-profit that will “answer to international stakeholders across the Internet community, including a governmental advisory committee, a technical committee, industry committee, Internet users, and telecommunications experts.” A lawsuit filed by four states to block the plan “failed when a Texas federal judge refused to issue an injunction,” notes Yahoo Tech. Continue reading The U.S. Government Relinquishes its Control of the Internet

Chan Zuckerberg Fund Invests $3 Billion in Medical Research

Facebook chief exec Mark Zuckerberg and his wife Dr. Priscilla Chan announced they plan to invest more than $3 billion over the next 10 years to develop tech focused on research to combat disease. “The first investment by the couple’s for-profit philanthropic arm, the Chan Zuckerberg Initiative LLC, will be $600 million to create a research lab of engineers and scientists based in San Francisco,” reports The Wall Street Journal. “This focus on building on tools suggests a road map for how we might go about curing, preventing and managing all diseases this century,” said Zuckerberg. Continue reading Chan Zuckerberg Fund Invests $3 Billion in Medical Research

Facebook Debuts GitHub Incubator for Open-Source Projects

Last week, when Facebook launched a project — Create React App — to help React developers begin new projects, it became the first to live in the Facebook Incubator on GitHub, the company’s new process for releasing open-source projects. Facebook has already open-sourced almost 400 projects, and, with the Incubator, the company wants to make sure it could manage new programs efficiently and create the best chance for their success. Facebook has hundreds of thousands of followers on GitHub. Continue reading Facebook Debuts GitHub Incubator for Open-Source Projects

Facebook Considers Laser Tech to Deliver High-Speed Internet

Engineers at Facebook’s Connectivity Lab have developed a large laser detector that could help deliver Internet to new areas by opening “airwaves to new high-speed data communications systems that don’t require dedicated spectrum or licenses,” reports PC World. Reaching new regions typically involves cost-efficient wireless networks, which also require radio spectrum and often have speed limitations. Instead, engineers are looking into “sending data from point-to-point over laser beams” that would not involve “any special spectrum or permission, and multiple systems can work in the same area without interfering with each other.” Continue reading Facebook Considers Laser Tech to Deliver High-Speed Internet