Business

Boston Dynamics Led a Robot Revolution. Now Its Machines Are Teaching Themselves New Tricks

Reinforcement learning is a decades-old way of having a computer learn to do something through experimentation combined with positive or negative feedback. It came to the fore last decade when Google DeepMind showed it could produce algorithms capable of superhuman strategy and gameplay. More recently, AI engineers have used the technique to get large language…

Elon Musk Threatens FBI Agents and Air Traffic Controllers With Forced Resignation If They Don’t Respond to an Email

Elon Musk is once again leaving his fingerprints on official communications from the federal government. In an email to staff Saturday afternoon, the Office of Personnel Management, which is stacked with Musk loyalists, told employees to send five bullet points detailing what they accomplished last week and cc their manager. “Failure to respond will be…

DOGE Put Him in the Treasury Department. His Company Has Federal Contracts Worth Millions

There is some precedent for corporate executives to simultaneously work in the US government. When the US was at war in the early 1900s, the federal government recruited business leaders to fill key posts. They retained their private sector jobs and wages; the government pitched in a $1 annual salary to the executives who became…

This USAID Program Made Food Aid More Efficient for Decades. DOGE Gutted It Anyways

Chemonics spokesperson Payal Chandiramani says USAID has indicated that Fews Net should qualify for a waiver, and it is working with the agency to determine how it should apply. USAID and the US State Department did not respond to requests for comment. From the beginning, Fews Net was notable for the sheer range of variables…

The DOGE Squad Is Squandering a Once-in-a-Lifetime Opportunity

When news first broke about Elon Musk’s tech takeover of the United States government, a number of people who had spent years trying to transform federal IT practices were surprisingly hopeful. Maybe, they dreamed, Elon Musk and his team at the Department of Government Efficiency (DOGE) would provide a long-needed jolt to an intransigent and…

Binance Moved Fast, Broke Things—and Paid the Price. Richard Teng Is Cleaning Up

But do you expect to find it difficult to bring about a new era at Binance when the founder—who is synonymous with the company—remains the largest shareholder? We are very clear in terms of what we are trying to build: a best-in-class, sustainable, and global platform. Again, I work very closely with the senior management…

The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’

Days after the rule went into effect in January, the bureau was sued by NetChoice and TechNet, two trade groups representing Big Tech. In addition to challenging the rule, the groups accused the CFPB of unlawfully exceeding its mandate, alleging that the rule is a “breathtaking assertion of its own jurisdiction.” The CFPB’s indefinite pause…

The Untold Story of a Crypto Crimefighter’s Descent Into Nigerian Prison

Gambaryan says he wanted to hear Ogunjobi explain himself. On the phone, Gambaryan remembers, the EFCC official began crying, apologizing repeatedly, thanking God that Gambaryan had been released. For Gambaryan it was too much to process. He listened quietly without accepting the apology. In the midst of Ogunjobi’s outpouring, he noticed that an American friend…