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November 16, 2022

Daily Tech News 16 November 2022

Top Story

  • Tech industry job cuts are overblown. (Protocol)
    Silicon Valley will likely see a culture shift after all the carnage at Twitter, Meta, and elsewhere, but it won't be a long-term switch, according to Church and Crivello.

    Crivello predicted that engineers' lives would become 20% more intense for a year or so before going back to normal. It's "just economics," he said.

    "Historically, there has been infinite demand for engineers and very little supply," Crivello said. "These companies have very little leverage."
    Well that's good to hear. Thanks to the tireless journalists at Protocol for clearing that up.

  • Tech news site Protocol is closing its doors and laying off its entire staff. (CNN)


Tech News

  • Nvidia's RTX 4080 is here and overpriced. (Tom's Hardware)

    If you're looking to spend $1200 for the second-best video card, it makes sense to plunk down the extra $400 for the best video card.

    If you just want to play games pretty well, why not wait a month and get AMD's cheaper and (probably) faster 7900 XTX?

  • FTX owes money to more than a million people. (Vice)

    Take a number, kids. You're in for a long wait before these leeches cough up a single dime.

  • Disgraced FTX CEO Sam Bankman-Fried went to Twitter to announce that... You have got to be shitting me. (News.com.au)

    He's looking for investors so he can pay back the billions of dollars he stole from the first lot of investors.

  • Was FTX one huge money laundering scheme run by the Washington elite?

    The only question is, is SBF going to get Epsteined or Maxwelled?

  • NASA is planning a test launch of the Artemis 1 Moon rocket today. (Space)

    Good luck. Always good to see engineers breaking new ground like this.

  • The Australian government is considering legislation banning ransomware payments. (The Record)

    They've also organised a national task force - a joint operation by Australia's equivalents of the FBI and NSA - dedicated to hunting down the bastards and "making them eat their own intestines".

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