TLDR Daily Update 2021-08-13

Doordash + Instacart 🛒, Nvidia hologram 🧍, Messi's tokens 🪙  

📱
Big Tech & Startups

DoorDash held talks to buy Instacart (1 minute read)

DoorDash was recently in talks to buy Instacart for up to $50 billion. Instacart initiated the talks, which have since fallen apart due to concerns over whether the deal would get antitrust regulators' approval. The company plans to list in the next few months. Instacart had also tried to initiate talks with Uber about a sales partnership, but those talks have also fallen apart. All companies involved have declined to comment on the rumors.

Nvidia Reveals Its CEO Was Computer Generated in Keynote Speech (2 minute read)

Nvidia's GTC conference in April featured a keynote presentation by its CEO Jensen Huang. Part of the presentation was virtually generated with the help of AI. Huang's kitchen, the venue for the presentation, was also entirely computer-generated. The company recently published a video explaining how they created the GTC keynote. It is available in the article.
🚀
Science & Futuristic Technology

The World's First Carbon Concrete Building Is Under Construction (2 minute read)

The Cube is the world's first carbon concrete building. Its concrete is reinforced with carbon fibers rather than steel rods, making it four times stronger and lighter than traditional concrete. As carbon fiber doesn't rust, the concrete is more durable over a longer period. It also allows for the same structural strength while using far less material. Carbon concrete can reduce CO2 emissions from construction by up to 50 percent. A video outlining the construction process of The Cube is available in the article.

How Circle could create a U.S.-backed digital currency (2 minute read)

Circle has announced its intention to become a fully regulated bank. Its aim is to become a narrow bank that places all deposits on reserve at the central bank. If this were achieved, USDC would become a cryptocurrency fully backed by the Federal Reserve. Circle would profit off the interest that the Fed pays on bank reserves. Previous attempts by other companies to do narrow banking in the US have failed as the Fed doesn't like the idea. Circle has yet to initiate the process of applying to be a bank.
💻
Programming, Design & Data Science

Assembler CSS (Website)

Assembler can be used to quickly prototype and build modern websites without the need to install and maintain complex software. It improves the performance of websites by generating only the minimum amount of CSS each webpage needs. Assembler is lightweight, fast, easy to learn, and customizable.

sqlite3 in ur indexeddb (GitHub Repo)

This project implements a backend for sql.js that treats IndexedDB like a disk and stores data in blocks there. It makes the sqlite3 database persistent in a way where it can read and write to the database in small chunks. A demo is available.

Assembler CSS (Website)

Assembler can be used to quickly prototype and build modern websites without the need to install and maintain complex software. It improves the performance of websites by generating only the minimum amount of CSS each webpage needs. Assembler is lightweight, fast, easy to learn, and customizable.
🎁
Miscellaneous

Soccer superstar Messi is being partly paid in crypto by PSG (2 minute read)

Lionel Messi's financial package at Paris Saint Germain includes $PSG Fan Tokens. The two-year deal, with an option for a third, includes an annual salary of $41 million plus bonuses, and a $30 million signing-on fee. It is expected to bring a windfall of commercial revenues, such as through jersey sales. Messi joined PSG as a free agent after Barcelona acknowledged that they could no longer afford him. The $PSG token was designed to help PSG build a new fan community.

Xsolla lays off 150 after an algorithm ruled staff 'unengaged and unproductive' (3 minute read)

Xsolla laid off roughly one-third of its workforce after an algorithm employed by the company decided that they were unengaged and unproductive employees. The company had increased its revenue by 80 percent last year, but growth has slowed down in the last six months. Xsolla decided to cut its salary budget using the algorithm, which analyzes employee's work activities. The CEO has blamed reduced productivity on remote work and has defended the use of the algorithm. Xsolla promised to help find new jobs for the laid-off workers.
✍️
TLDR Originals

Hi I'm Catheryn Li, product engineer at Y Combinator working on Startup School and YC's new co-founder matching platform, ask me anything! (Completed TLDR AMA)

Hi I'm Cat, a hybrid PM / software engineer at Y Combinator. I work on Startup School, YC's free online program teaching the most relevant and impactful curriculum for founders based on 15 years of YC knowledge and advice. We recently launched our co-founder matching platform, which helps founders find their ideal co-founder. I previously worked at Facebook/Instagram and graduated from MIT. Ask me anything!

TLDR is a daily newsletter with links and TLDRs of the most interesting stories in tech 📱, science 🚀, and coding 💻!

or subscribe with

One email in your inbox every weekday at 6am EST
Privacy Terms  Messaged
Privacy Terms    Messaged