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Sam Altman: ‘Too many’ Y Combinator companies raise money

Silicon Valley's Y Combinator wields a powerful influence over the startup world. But president Sam Altman is apparently a bit worried there might be too much hype surrounding the accelerator program's graduates.

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Top News
1
Eric Schmidt is stepping down as executive chairman of Alphabet, Google's parent company

Schmidt will remain on Alphabet's board and take on a new role as a technical adviser to the company. He also plans to spend time on philanthropy and on "science and technology issues," he said in the statement.

2
Apple hit with lawsuit after admitting to slowing down iPhones with depleted batteries

A day after Apple acknowledged slowing down iPhones with degraded batteries, a Los Angeles man is pursuing a class action lawsuit in the matter. Owners didn't agree to the prospect , and it hurts the devices' value, according to a filing by plaintiff Stefan Bodganovich, cited by TMZ . The case is said to be particularly concerned with the impact on iPhone 7 users. The suit asks that Apple stop throttling older devices , and pay compensation to affected people. Over the course of December, a number of people on Reddit and elsewhere have speculated that iPhones perform faster after battery replacements, mostly citing anecdotal evidence. Apple effectively confirmed that situation on Wednesday, but with the provision that it only throttles phones to prevent sudden, potentially damaging shutdowns. "Last year we released a feature for iPhone 6, iPhone 6s and iPhone SE to smooth out the instantaneous peaks only when needed to prevent the device from unexpectedly shutting down during these conditions," the company said in a statement. "We've now extended that feature to iPhone 7 with iOS 11.

3
Report: Goldman Sachs to open cryptocurrency trading desk

Already, the bank is one of the first large players from Wall Street to devote intensive resources to tracking and trading in cryptocurrency, but don’t expect the first mover advantage to last for long. A number of recent moves are beginning to legitimize the volatile currency market, and investors everywhere are taking notice.

4
http://ift.tt/2BN8IKB

5
Sony A9: What the latest leap in digital photography can do for businesses

The A9 adds a joystick—similar to the ones on Nikon and Canon—and a new wheel to control its powerful-but-complicated focus settings. I put the A9 in the hands of a professional Nikon shooter who has wanted to like Sony mirrorless in the past but has been frustrated by the controls. Within 5-10 minutes with the A9, she was shooting without giving much thought to the buttons. And after two days of shooting and processing images with the A9, she was very confident that she could move to it as her daily driver without missing a beat.

6
Apple Confirms It Slows Down Old iPhones As Their Batteries Age

Our goal is to deliver the best experience for customers, which includes overall performance and prolonging the life of their devices. Lithium-ion batteries become less capable of supplying peak current demands when in cold conditions, have a low battery charge or as they age over time, which can result in the device unexpectedly shutting down to protect its electronic components.

7
Bitcoin and almost every other cryptocurrency crashed hard today

Bitcoin has been on a tear this past with the value of the cryptocurrency jumping from $8,000 to nearly $20,000. Well that run hit an abrupt end today as the price crashed as much as 23 percent on Coinbase. The price briefly dipped below $12,000 on some exchanges at around 7:30 am London time.

8
Apple Does Slow iPhone Speeds, But For Battery Reasons (Not Sales)

To offset the issue, the company last year introduced a software feature that scales down the CPU processing, but only when needed. It first applied the fix with the iPhone 6, iPhone 6s and iPhone SE devices. However, Apple has now extended the CPU-capping feature to iPhone 7 devices with iOS 11.2.

9
Apple's iPhone slowdown: Your questions answered

The company introduced " Low Power Mode " with 2015's iOS 9 to make your iPhone battery last longer. When your battery level hits 20 percent and then 10 percent, you get a notification that lets you turn on Low Power Mode with a quick tap. It reduces the screen's brightness, minimizes system animations and limits what runs in the background on the phone. When your device reaches a higher charge level, Low Power Mode automatically turns itself off.

10
How Apple risks losing its position of trust

Commentary: Will Apple's admission that it slows down older iPhones hurt its brand reputation? Or have people largely become cynical about tech companies?

11
How to point your Wi-Fi router antennas for the best reception

If you have a Wi-Fi router that has antennas, here’s how to orient them in the best way to maximise reception in your house.

12
VIDEO | The Best Gifts For Tech Nerds With Taste | Co.Design

Hannah Jones, Nike’s chief sustainability officer, discusses how Nike plans to rethink methods of production for more eco-friendly factories and products, while still maintaining the quality customers know and trust.

13
Apple to allow SMBs and nonprofits to build iOS apps from templates

Now, it's okay for companies to use templates again, but there is one big caveat: The business itself (or whoever owns the app's content) must be the one that publishes the app to the store, the guidelines noted. That means a template service or app creation platform cannot publish the app on behalf of the organization.

14
Why augmented reality headsets could soon find a home in the operating theatre | ZDNet

Another type of medical imaging, called CT angiography, can be used to provide a 3D view of the vessels both in front of and behind the blockage; surgeons are now looking at whether CT angiography pictures can be combined with augmented reality technology to offer a new way to see inside the vessels that keep the heart beating. One day, it could be common for surgeons to put on a pair of Google Glass along with their scrubs.

15
Here's why future iPhones are likely to get bigger batteries

Lithium ion batteries -- which power smartphones -- degrade and hold less charge over time. Exposure to cold and heat also affects battery efficiency. Older iPhones that already suffer from declining battery life may further slow down if Apple's software plays gatekeeper -- which the company says it does only in cold temperature, if the charge is low or if the batteries are very old.

16
Photos: See the Sony Alpha A9 in action

Sony's next generation mirrorless camera introduced new technologies to catch up, and even surpass, the leading DSLRs from Canon and Nikon. Here are few photos that show what the Sony A9 can do.

17
WannaCry ransomware: North Korea labels US accusation as "absurd" | ZDNet

North Korea says the US has no basis for laying the blame for the global ransomware attack at its door.

18
Why is ​Firefox Quantum so fast? Mozilla reveals a tweak that turbo-charged its browser | ZDNet

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19
iPhone battery replacement: Here are your options

The best option is Apple Apple  offers a battery replacement service that costs $79 for any iPhone model -- a competitive price, and arguably your best option given that no company is better at servicing iPhones. However, there's one catch: You'll have to be without your phone for at least a few days. Apple estimates three to five business days if you ship it and "up to five business days" if you bring it to an  Apple Authorized Service Provider . (If you've tried either of these options, hit the comments and let us know how long it actually took.)

20
Apple is reportedly working on new clinical-grade heart monitoring technology for the Apple Watch

Apple is still testing the feature and it may not be released at all, according to the report. The advanced Apple Watch would reportedly require the user to grip the outside of the Apple Watch, which would send an electrical current through the body to accurately monitor the heart's condition.

21
Top 5: Tech surprises of 2017

Every year brings exciting new events in tech, and 2017 was no exception. Here are the top stories that surprised us this year.

22
Pokémon GO adds icy new monsters in a holiday update

As part of the update, several new water- and ice-type Pokémon will be available, and appearing more frequently. Players can also accrue holiday loot boxes with special items inside. The festivities will run until January 4, 2018.

23
3 ways the GOP tax bill will impact business and tech

All in all, it's still a wild card how this particular change will impact the tech industry. It could help lower home buying costs over time and make it more attractive to move to these cities, or it could drive some folks away. One thing is for certain: As these major cities are feeling the growing pains brought by expansion, the potential impact could be huge.

24
The 20 worst passwords of 2017: Did yours make the list?

Despite all of the year's major hacks, people still can't seem to let passwords like 'admin' and '123456' go.

25
7 Programming Languages That Give Me Nightmares

So being as naive as I am, I often try to learn about new programming languages for fun. I am not a programmer by trade, just trying to culturally enrich myself. But when I take a deeper look at some of the languages out there—especially some of the historical ones that aren't quite as popular anymore, my heart begins to beat rapidly, my pupils dilate, and my fight-or-flight response kicks in.

26
Bulletproof board rejects Macquarie Telecom advances | ZDNet

"Major shareholders holding a relevant interest in 19.86 percent of the Bulletproof shares on issue have written to Bulletproof and advised that their current intention is that they will not accept the offer, subject to a superior proposal," the board said on Friday. "As a result of the position of these major shareholders, the offer is unlikely to succeed on its current terms."

27
Bitcoin price dives below $13,000, down 35% from last week's highs

Bitcoin price dives below $13,000, down 35% from last week's highs

28
Google AI can rate photos based on aesthetic appeal

The result is a neural network system that "closely" replicates the mean scores of humans when judging photos. That, in turn, has all kinds of implications for photography apps. To begin with, it could help you quickly find your best photos while avoiding blurry or poorly composed shots. Google adds that it'd be helpful for editing, too, as you could use it to tune automatic editing tools . Your favorite editing app could tweak exposure, brightness and other details based on artistic appeal rather than arbitrary values. While there's a lot of work to be done, this hints at a day when your phone could have as discerning a taste in photos as you do.

29
Ericsson leads 5G interoperability test with global carriers | ZDNet

Following the approval, Ericsson, Huawei, Intel, Nokia, Samsung, AT&T, BT, China Mobile, China Telecom, China Unicom, Deutsche Telekom, Fujitsu, KT Corporation, LG Electronics, LG Uplus, MediaTek, NEC Corporation, NTT DoCoMo, Orange, Qualcomm, SK Telecom, Sony Mobile Communications, Sprint, TIM, Telefonica, Telia Company, T-Mobile USA, Verizon, Vodafone, and ZTE announced that the global mobile industry can begin the full-scale development of 5G NR including large-scale trials and commercial deployment.

30
Jury finds CSC 'wilfully' underpaid tech support workers | ZDNet

A Connecticut jury found tech support workers were 'wilfully' underpaid by Computer Sciences Corporation, ruling in favour of the class action lawsuit filed on behalf of systems administrators.

31
Everyone’s mad about ‘The Last Jedi’ but the Expanded Universe was way worse

The truth about Star Wars is that it is, always has been, and always will be a mess. For decades it has entertained us with stories spanning from epic and inspiring to embarrassingly cheesy. It's told those stories through films, comics, novels, video games and theme park rides. Most of those stories haven't been good. A few have been great. You don't need any reason to hate "The Last Jedi." You don't have to like how it portrayed Luke Skywalker in his old age or how it decided to wrap up (or outright dismiss) the mysteries left over from "The Force Awakens." If the film wasn't for you, that's the only excuse you need -- but if your foundation for that excuse is the quality of the Star Wars Expanded Universe, you're standing on shaky ground. But what do I know? I think Tag and Bink is the best Star Wars adventure ever told .

32
The Can’t-Lose Way for Your Business to Pop: Add Bitcoin to Its Name

As the value of Bitcoin has skyrocketed in recent months , companies previously focused on making fitness apparel, cigars and beverages, among other things, have rebranded themselves as virtual currency or blockchain companies of one sort or another. And investors have cheered them on, pushing their stock prices up.

33
MIT Tech Review on Twitter

In 2017, shelf-scanning robots began patrolling @Walmart aisles, VR was used for employee training and tested for digital shopping, and it partnered with @Google to use AI to bolster online shopping. https://trib.al/Ty2OUYM 

34
Mattermark to shut down after selling to FullContact

This is a private stock transaction, and unfortunately the consideration for the purchase of the company did not clear the preference of Preferred shareholders so Common stockholders will not be receiving anything in this deal (cash or stock). Though this is not the outcome we all dreamed of when we embarked on this journey nearly 6 years ago, we are super grateful to have worked with you to organize the world’s business information and would appreciate your signature so we can get the majority of common holder signatures needed to close this deal today.”

35
A Cute Toy Just Brought a Hacker Into Your Home

The doll is not alone. As the holiday shopping season enters its frantic last days, many manufacturers are promoting “connected” toys to keep children engaged. There’s also a smart watch for kids, a droid from the recent “Star Wars” movies and a furry little Furby. These gadgets can all connect with the internet to interact — a Cayla doll can whisper to children in several languages that she’s great at keeping secrets, while a plush Furby Connect doll can smile back and laugh when tickled.

36
Bloomberg Technology on Twitter

Bitcoin falls from $19,500 on Monday to below $12,500 (twice) on Friday http://bloom.bg/2kGSKu9  Here's what you need to know: https://twitter.com/i/moments/944109639624511488 …

37
It's not just you: Streaming services aren't recommending the right stuff for nearly half of us

With more of us flocking to online video, meeting streaming demands will be critical for media companies if they want to keep our attention. Netflix began streaming video a decade ago, and YouTube went live two years earlier. But IBM's survey shows some things haven't changed and streaming services are still tripping over issues like buffering and out-of-left-field recommendations.

38
Massdrop’s new $150 Sennheiser headphone is a slam-dunk winner

So how does the HD58X compare with my original HD580? Glad you asked. I like the look and feel of the HD58X better; it's more contemporary, and the comfort of the two headphones is very good. I can wear either of these headphones for hours, no problem. The HD58X weighs 9.2 ounces, which is light for an over-the-ear headphone. It comes with a flexible user-replaceable 6-foot cable terminated with a 3.5mm plug. A 3.5mm-to-6.5mm adapter plug is included with the HD58X, and the headphone comes with a two-year warranty.

39
9 Waze tips to get where you're going faster

Whether you are heading home for the holidays or getting as far away as possible, the Waze app can help you get there with the least amount of traffic and hassle. To get the most out of the community-powered, feature-packed navigation app, I present the following tips.

40
How business can protect shoppers from cyberattacks during the holidays

DomainTools senior security researcher Kyle Wilhoit shares top tips on how to avoid holiday shopping phishing attacks, data leaks, and other scams.

41
Why You Should Always Carry $20 in Small Bills

Fixing the problem is easy, though: carry some cash, even if you don’t think you’ll need it. You don’t have to carry around fat wads of cash with you, just always have a few small bills on hand. Around $20 in ones and fives is probably more than enough while you’re out and about. If you can, plan ahead and make getting cash part of your routine. Is there an ATM on the way? How about a supermarket that offers cash back? Grab a soda and re-stock those cash reserves just in case. Or do what I do and just keep a stash of ones and fives in a box at home, then restock your wallet as needed. I go to the bank maybe once every few months. It’s really not a hassle. In the end, you’ll always be ready to do the proper, kind thing, and you’ll also be prepared when you encounter a tasty-looking food stall or restaurant that’s cash-only.

42
Your Apple HomeKit devices were open to hackers, report says

Apple issued a patch on Dec. 7, Khaos Tian claims, but it's still working on a more permanent solution. In the meantime, you won't be able to add new people to your HomeKit home or allow existing users to access HomeKit devices remotely.

43
Windows 10 Users Can Now Stream Netflix in HDR

The video-streaming service on Wednesday announced it now supports HDR on Windows 10 for both the Edge browser and the Netflix app that's available from the Windows store.

44
The newest Will Smith film is now on Netflix

He's one of the most bankable actors in the world right now and Netflix has his latest movie, "Bright," online.

45
Bloomberg Technology on Twitter

Cryptocurrency ripple is soaring at the year end while bitcoin tumbes https://bloom.bg/2kFh9Ap  pic.twitter.com/wD0pDOelbQ

46
Walmart Plans Personal Shopper for 'Busy NYC Moms,' Cashier-Free Stores

Personal shoppers, free delivery and pick-up returns, and stores without checkouts sound expensive to run, so you won't be surprised to hear that Walmart is planning to charge a membership fee when these services do eventually go live. Depending on how high that fee is, it's sure to be a tempting proposition for the richer consumers out there (if they don't mind shopping at Walmart).

47
Reg Saddler on Twitter

The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

48
Bill Gates: These 6 tweets inspired me in 2017

From "Toilet: A Love Story" to the sport of Extreme Reading, the billionaire shares the tweets that gave him hope this past year.

49
In Silicon Valley, much-feared tax bill pays dividends for workers

The new law alters the AMT in a way that vastly reduces the number of people who have to pay it, from more than 5 million to an estimated 200,000 next year, according to the Tax Policy Center. The AMT dynamics, combined with reduced overall tax rates and the doubling of the standard deduction to $24,000 should hold most Bay Area tax bills steady, said Bob McGrath, tax director at accounting firm Burr Pilger Mayer.

50
NSA spy program set to expire, unless lawmakers act

As noted by the Washington Post, the House is expected to vote on an extension that would keep the program in place until January 19, 2018. While extending the program is a high priority for the intelligence community, the Post reported, many Republicans are calling for more stringent restrictions on the collection of communication data. If the short-term extension were to come about, it could buy the time needed for the differences to be worked out.

51 How to Free Up Space on Your iPhone or iPad With iOS 11
52 ZDNet on Twitter
53 Android lockdown: Google urges phone makers to support Oreo's rollback protection | ZDNet
54 Make This Cannabis-Infused Cannoli Cream
55 Huawei Honor 7X
56 WeiChiaChang/domain-cli
57 A CG Replacement Head Helped Save Ryan Gosling's Face While Filming Blade Runner 2049
58 The Steam Winter Sale Is Happening Now
59 Commentary: Making sense of North Korea’s hacking strategy
60 Facebook: Fake News Alerts on Articles Not Super Effective
61 instructables on Twitter
62 Bloomberg Technology on Twitter
63 8 ways to speed up your old, tired iPhone
64 TechCrunch on Twitter
65 In Silicon Valley, much-feared tax bill pays dividends for workers
66 Selfie time: Google Fiber announces mural photo contest in certain cities
67 Tesla owners are incredibly happy with their cars
68 Uber tries to 'rebuild the love' with drivers. Can it work?
69 SEC sues bankrupt Woodbridge Group over $1.2 billion Ponzi scheme
70 How to install Prey to keep track of your laptop's location
71 Elon Musk reportedly ran his secretive LA private school out of the SpaceX office in the very beginning
72 Apple Watch will reportedly get an integrated EKG heart reader
73 Best Nintendo Switch games: the best games to show off Nintendo’s hybrid
74 Sunken Australian Submarine From WWI Finally Found After 103 Years
75 Geekbench: Apple should warn iPhone users about battery and performance tradeoffs
76 North Korea to the US: We aren't responsible for WannaCry
77 Tech companies admit to actively targeting younger workers for jobs
78 Cryptocurrency-Mining Malware Targets Facebook Messenger Users
79 So, Apparently, Snoke May Have Trained 'At Least One' Other Apprentice
80 Long Island Iced Tea skyrockets after renaming itself Long Blockchain
81 Burger Joint Teams Up With Surveillance Giant to Scan Your Face for Loyalty Points
82 Bloomberg Technology on Twitter
83 Married People Are Even More Annoyingly Happy Than We Thought
84 Fans Can Finally Own a Great Version of the Original Teen Titans Series
85 Bloomberg Technology on Twitter
86 MIT Tech Review on Twitter
87 Twitter two-factor authentication can work solely via third-party apps
88 Don't Overlook These Super Basic Gifts
89 The Highlights and Lowlights of 2017
90 Bloomberg Technology on Twitter
91 Bloomberg Technology on Twitter
92 8 game-changing data trends that will impact businesses in 2018
93 In Memoriam: A Video Tribute to Some of the Beloved Characters We Lost in 2017
94 The 5 best phones for Christmas 2017
95 USA TODAY Tech on Twitter
96 The Can’t-Lose Way for Your Business to Pop: Add Bitcoin to Its Name
97 Chrono Trigger Director Shares Which Ending He Personally Thinks is Canon - IGN
98 What happened when the infosec community outed its own sexual predators
99 Vergecast: Magic Leap peep and iPhones slow down