Tech Brew Ride Home Mon. 10/17 – Kanye To Elon: Hold My Beer
Oct 17, 2022
Kanye West is making waves by attempting to buy the social media platform Parler, aiming to create an 'uncancellable ecosystem.' Meanwhile, a significant hack on Mango Markets led to a shocking $100 million loss. The Biden administration is imposing strict export controls on China’s semiconductor industry, forcing American executives to face tough choices about their careers. On the flip side, the rise of industrial robots is transforming the workforce, as automation becomes increasingly prevalent across various sectors.
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Kanye Buys Parler
- Kanye West is buying Parler, a social media platform known for its emphasis on free speech.
- This follows his suspension from Instagram and Twitter for controversial posts.
Mango Markets Exploit
- A hacker exploited Mango Markets, a Solana DeFi platform, for over $100 million by manipulating token prices.
- The exploiter, Avram Eisenberg, claims his actions were legal and within the protocol's design.
US-China Chip War
- The Biden administration's new export controls on chips are designed to hobble China's semiconductor industry.
- This could force American executives at Chinese chip companies to choose between their jobs and citizenship.