Daily Tech News 30 November 2024

• When you read about million dollar bananas, expect money laundering, not conceptual art. Cryptocurrency entrepreneur Justin Sun eats $9.5 million banana artwork Comedian by Maurizio Cattelan. (ABC / MSN)

  A cryptocurrency entrepreneur has eaten a $US6.2 million ($9.5 million) banana artwork he purchased.

  This is the Australian ABC, so it's really only a $6 million dollar banana, not a $9 million dollar banana.

  The debut of the edible creation at the 2019 Art Basel show in Miami Beach sparked controversy and raised questions about whether it should be considered art - Mr Cattelan's stated aim.

  And no, the banana wasn't five years old. The banana wasn't part of the "art". There was merely the concept of a banana:

  The artwork owner is given a certificate of authenticity that the work was created by Mr Cattelan as well as instructions about how to replace the fruit when it goes bad.

  This is banana. Is taped to wall. Replace when become drippy.

  The 34-year-old crypto businessman was last year charged by the US Securities and Exchange Commission with fraud and securities law violation in relation to his crypto project Tron.

  Yeah, no shit.

• Vintage digicams aren't just a fad they're an artistic statement. (Wired / Ars Technica)
  
  Uh. Well, maybe. Old-fashioned point-and-shoot digital cameras, with larger lenses and sensors and without the AI processing glorp of modern phone cameras, did produce images with a distinctly different look to what you see on Instagram.
  
  Of course, you can just turn off the AI processing glorp on your phone and get much the same result.
  
  
  
• Canada's largest news organisations, including the Yellowknife Typewriter and the Saint-Louis-de-Gonzague-du-Cap-Tourmente Post-Intelligencer, are suing OpenAI for stealing their content. (Toronto)
  
  OpenAI responded, saying Merde.
  
  
  
• Meta (Facebook) is planning to build a $10 billion cable linking the US west coast and east coast - the long way round. (MSN)
  
  Via South Africa, India, and Australia, avoiding temperamental regions where cable breaks are common, such as pretty much everywhere else.
  
  
  
• Apple will reportedly be using an updated 3nm process for its next-generation M5 chips rather than jumping immediately to 2nm. (WCCFTech)
  
  This doesn't mean much for Apple - just that the M5 will be a little slower, a little more power-hungry, and a little cheaper than it might have been - but may be more significant for TSMC, which manufactures all of Apple's CPUs.
  
  For years Apple has been the first customer on every new process node TSMC has made available, guaranteeing full order books as soon as the new technology comes online.
  
  TSMC is running at 100% capacity on its mainstream 7/6/5/4nm processes, so this is not a huge drama, but may slow plans for the subsequent 1.6nm process expected in 2026.
  
  
  

posted by Pixy Misa at 04:00 AM

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