Subj : Stripe's crypto acquisition 💰, OpenAI Microsoft renegotiate deal 🤝, future of Postgres 👨‍💻 To : tldr@synchro.net From : TLDR Date : Mon Oct 21 2024 10:29:21 --W1hLaYLb Content-Type: text/plain; charset=utf-8 Content-Transfer-Encoding: quoted-printable Payments company Stripe has acquired stablecoin platform Bridge for $1.1 = billion in the largest acquisition in the crypto industry to date.=C2= =A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C= =C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80= =8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0= =E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2= =A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C= =C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0= =E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2= =A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C= =C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80= =8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0= =E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2=A0=E2=80=8C=C2= =A0 Sign Up [1] |Advertise [2]|View Online [3]=20 =09=09TLDR = =09=09TOGETHER WITH [WorkOS] [4] TLDR 2024-10-21 LEARN HOW= TO CROSS THE ENTERPRISE CHASM, FROM COMPANIES WHO HAVE REACHED THE OTHER= SIDE (SPONSOR) [4]=20 Building for enterprise comes with a series of d= ifficult questions to answer. How do you balance iteration speed with qua= lity and security? Do you design for the financial decision maker or the = end user? How do you get feedback in an actionable timeframe? The En= terprise Ready Conference by WorkOS [4] is your opportunity to get answer= s. This one-day event in San Francisco [4] will bring together product= and engineering leaders from companies like OpenAI, Vanta, Checkr, Dro= pbox, and Canva =E2=80=94 i.e., folks who have successfully designed, bui= lt, and sold SaaS products to the world's most formidable enterprises. = Free to join, manually vetted. Request an invite =E2=86=92 [4] = =F0=9F=93=B1=20 BIG TECH & STARTUPS STRIPE ACQUIRES STABLECOIN PLA= TFORM BRIDGE FOR $1.1 BILLION IN CRYPTO'S LARGEST ACQUISITION (1 MINUTE R= EAD) [5]=20 Payments company Stripe has acquired stablecoin platform Br= idge for $1.1 billion in the largest acquisition in the crypto industry t= o date. Bridge was previously valued at $200 million. Stripe recently r= einstated crypto payments for US businesses via USDC on Ethereum, Solana,= and Polygon. It also inked a partnership with Coinbase that required Str= ipe to incorporate Coinbase's Base Layer 2 network into its crypto paymen= t products and Coinbase to add Stripe as a way for its customers to buy c= rypto within its Coinbase Wallet.=20 OPENAI, MICROSOFT REPORTEDLY HIRE = BANKS TO RENEGOTIATE PARTNERSHIP TERMS (2 MINUTE READ) [6]=20 OpenAI = and Microsoft have both hired investment banks to help revise the terms o= f their partnership as OpenAI plans to restructure to reincorporate its f= or-profit arm as a benefit corporation and remove caps that previously li= mited investors' returns. The negotiations are said to focus on how big o= f a stake Microsoft will receive in OpenAI following the restructuring. M= icrosoft has invested over $13 billion into OpenAI since 2019. The curren= t terms of the partnership say that Microsoft will receive most of OpenAI= 's initial profits until it recoups its investment. OpenAI doesn't expect= to become profitable until 2029.=20 =F0=9F=9A=80=20 SCIENCE & FUTU= RISTIC TECHNOLOGY IT'S TIME TO BUILD THE EXOPLANET TELESCOPE (12 MINU= TE READ) [7]=20 Starship is designed to launch at least 150 metric tons= to low Earth orbit at an exceptionally low cost with a launch cadence hi= gh enough to ultimately deliver over one million metric tons per year. Th= is will transform human logistical capacity in space and allow for greatl= y reduced space development costs. It would enable humanity to develop a= self-assembling and ever-growing telescope in space. This telescope wo= uld be able to resolve features on the surface of exoplanets and reveal c= ontinents, mountain ranges, river systems, seasonal variations in plants = and animals, and more.=20 US STARTUP CHARGING COUPLES TO =E2=80=98SCREE= N EMBRYOS FOR IQ' (7 MINUTE READ) [8]=20 Heliospect Genomics is a US = startup that offers embryo screening services. The company allows couples= to rank up to 100 embryos based on IQ, section, height, risk of obesity,= risk of mental illness, and other traits. Its services cost up to $50,00= 0. The company's offers represent an ethical minefield. Selecting embryos= based on predicted IQ is legal in the US, but not in some other countrie= s like the UK.=20 =F0=9F=92=BB=20 PROGRAMMING, DESIGN & DATA SCIENCE= BLOCK ADS, MALWARE, AND SPAM FOR JUST $2.49/MO (SPONSOR) [9]=20 = Between malicious links and invasive tracking, the modern internet is not= safe for unprotected browsing. Surfshark One [10] is everything you need= to stay secure in your online adventures: VPN, data breach Alert, Antivi= rus, ad blocker, alternative identity, and more. =F0=9F=93=A5 BLACK FR= IDAY OFFER: 86% off with 4 months EXTRA [10] TANSTACK START (WEBSITE)= [11]=20 TanStack Start is a full-stack React framework that enables = full-document SSR, streaming, server functions, bundling, and more. It co= mes with a routing system designed to handle all full-stack routing requi= rements with ease. TanStack Start is designed to be deployable anywhere t= hat runs JavaScript.=20 THE FUTURE OF POSTGRES? (3 MINUTE READ) [12] = Stability and reliability are core to Postgres. New features will = come from extensions, which allow developers to create other storage back= ends, new types, and more. There are a lot of extensions available. This = article covers a few of the extensions that hint at the potential of Post= gres' future.=20 =F0=9F=8E=81=20 MISCELLANEOUS HOW SAN FRANCISC= O LEARNED TO LOVE SELF-DRIVING CARS (10 MINUTE READ) [13]=20 Self-dri= ving cars have won over San Francisco after a rocky start a year and a ha= lf ago. The company is currently serving over 100,000 paid rides a week a= cross Los Angeles, Phoenix, and San Francisco. It opened its service to e= veryone in San Francisco this past summer. Waymo rides generally cost sli= ghtly more than Uber or Lyft, but users don't have to tip drivers, making= the three apps' prices competitive. The company is already retaining rid= ers at a higher rate than competitors while operating on a much smaller s= cale.=20 DID AUTOMATTIC COMMIT OPEN SOURCE THEFT? (17 MINUTE READ) [14]= =20 Automattic, the VC-funded company behind WordPress, is in a full-= blown corporate conflict with WP Engine, a popular managed WordPress host= ing service. As part of the conflict, Automattic forked a popular plugin = made by WP Engine, replaced the plugin in the plugin directory, and is mi= grating over 2 million of the plugin's customers silently onto the fork. = The reviews for the plugin have remained as if nothing has changed and an= y reviews pointing out the heist are being actively removed. The silent c= hange, aimed at reducing WP Engine's revenue, broke some production sites= .. The incident is a nightmare scenario for companies serious about supply= chain security - the WordPress.org plugin directory is no longer reliabl= e.=20 =E2=9A=A1=20 QUICK LINKS GRAB THE ATTENTION OF 5 MILLION = TECH PROFESSIONALS (SPONSOR) [15]=20 Reach highly-engaged software deve= lopers, product managers, and other tech decision makers reading TLDR. We= 'll even write your copy for you. Learn more [15] about running your firs= t campaign with us. Limited to just 3 ads per newsletter.=20 SOFTWARE= ENGINEER TITLES HAVE (ALMOST) LOST ALL THEIR MEANING (6 MINUTE READ) [16= ]=20 Developers with just three or four years of experience under their= belts are receiving 'senior' titles faster than ever.=20 APPLE INTER= NALLY BELIEVES THAT IT'S AT LEAST TWO YEARS BEHIND IN AI DEVELOPMENT (2 M= INUTE READ) [17]=20 Apple plans to run Apple Intelligence on every devi= ce with a screen by 2026.=20 THERE'S ANOTHER PLAN FOR A TECH UTOPIA I= N CALIFORNIA =E2=80=94 THIS TIME IN WINE COUNTRY (6 MINUTE READ) [18]=20 = Esmeralda is a proposed enclave with a decentralized digital-first co= mmunity that seeks to replace existing institutions with systems of gover= nance.=20 THE IPV6 TRANSITION (38 MINUTE READ) [19]=20 The world wi= ll likely be stuck with both IPv4 and IPv6 for quite some time as there's= no rush to transition to IPv4 anytime soon and there's no desire to reve= rt to an IPv4-only network.=20 WIREIT (GITHUB REPO) [20]=20 Wireit = is a tool that upgrades npm scripts to make them smarter and more efficie= nt.=20 @TRUTH_TERMINAL HAS JUST BECOME THE FIRST AI IN HISTORY TO BECOM= E A MILLIONAIRE (3 MINUTE READ) [21]=20 Goatseus Maximus, a crypto ba= sed on AIs posting about a meme, is almost worth half a billion dollars a= nd continues to grow.=20 Congrats to Charlotte De Ridder [22], Patrick L= enz [23], and Jeanette Rushford [24] for referring 5 friends to TLDR. Tha= nks for helping us spread the word! =F0=9F=99=8F Love TLDR? Tell you= r friends and get rewards! Share your referral link below with friend= s to get free TLDR swag!=20 https://refer.tldr.tech/1fd848fa/ [25]=20 = =09=09 Track your referrals here. [26]=20 Want to advertise in TLDR? = =F0=9F=93=B0 If your company is interested in reaching an audience of= tech executives, decision-makers and engineers, you may want to ADVERTIS= E WITH US [27].=20 If you have any comments or feedback, just respond= to this email!=20 Thanks for reading,=20 Dan Ni & Stephen Flanders=20 = If you don't want to receive future editions of TLDR, please unsubscri= be from TLDR [28] or manage all of your TLDR newsletter subscriptions [29= ].=20 =20 Links: ------ [1] https://tldr.tech/signup?utm_source= =3Dtldr [2] https://advertise.tldr.tech/?utm_source=3Dtldr&utm_medium=3Dn= ewsletter&utm_campaign=3Dadvertisetopnav [3] https://a.tldrnewsletter.com= /web-version?ep=3D1&lc=3Db5bb39ac-a04f-11ee-8692-6388dbdd6fd1&p=3Dff583952-= 8f73-11ef-99e2-afddc6a8012c&pt=3Dcampaign&t=3D1729506561&s=3Debad816dafcc7f= d0fa542c1652d59f3eaf621ac8e942a875c474081b4e673ec9 [4] https://www.enterp= rise-ready.com?utm_medium=3Dnewsletter&utm_source=3Dtldr-tech&utm_campaign= =3D20241021 [5] https://links.tldrnewsletter.com/NHRVfx [6] https://sil= iconangle.com/2024/10/18/openai-microsoft-reportedly-hire-banks-renegotiate= -partnership-terms/?utm_source=3Dtldrnewsletter [7] https://www.palladium= mag.com/2024/10/18/its-time-to-build-the-exoplanet-telescope/?utm_source=3D= tldrnewsletter [8] https://www.theguardian.com/science/2024/oct/18/us-sta= rtup-charging-couples-to-screen-embryos-for-iq?utm_source=3Dtldrnewsletter= [9] https://get.surfshark.net/aff_c?offer_id=3D1372&aff_id=3D16286&url_i= d=3D2064&utm_source=3Dtldrnewsletter [10] https://get.surfshark.net/aff_c= ?offer_id=3D1372&aff_id=3D16286&url_id=3D2064 [11] https://tanstack.com/s= tart/latest?utm_source=3Dtldrnewsletter [12] https://www.craigkerstiens.c= om/2024/10/18/the-future-of-postgres/?utm_source=3Dtldrnewsletter [13] ht= tps://links.tldrnewsletter.com/W1VtDZ [14] https://blog.pragmaticengineer= ..com/did-automattic-commit-open-source-theft/?utm_source=3Dtldrnewsletter= [15] https://advertise.tldr.tech/?utm_source=3Dtldr&utm_medium=3Dnewslet= ter&utm_campaign=3Dquicklinks10212024 [16] https://www.trevorlasn.com/blo= g/software-engineer-titles-have-almost-lost-all-their-meaning?utm_source=3D= tldrnewsletter [17] https://9to5mac.com/2024/10/20/gurman-apple-intellige= nce-ai-two-years/?utm_source=3Dtldrnewsletter [18] https://www.sfchronicl= e.com/bayarea/article/tech-utopia-wine-country-esmeralda-19846531.php?utm_s= ource=3Dtldrnewsletter [19] https://www.potaroo.net/ispcol/2024-10/ipv6-t= ransition.html?utm_source=3Dtldrnewsletter [20] https://github.com/google= /wireit?utm_source=3Dtldrnewsletter [21] https://x.com/AISafetyMemes/stat= us/1847312782049333701?utm_source=3Dtldrnewsletter [22] https://www.linke= din.com/in/charlottederidder/ [23] https://www.linkedin.com/in/patlenz/= [24] https://www.linkedin.com/in/jmrushford [25] https://refer.tldr.te= ch/1fd848fa/ [26] https://hub.sparklp.co/sub_32edf8dd66ae/1 [27] https:= //advertise.tldr.tech/?utm_source=3Dtldr&utm_medium=3Dnewsletter&utm_campai= gn=3Dadvertisecta [28] https://a.tldrnewsletter.com/unsubscribe?ep=3D1&l= =3Dcfa2d55a-b7be-11e8-a3c9-06b79b628af2&lc=3Db5bb39ac-a04f-11ee-8692-6388db= dd6fd1&p=3Dff583952-8f73-11ef-99e2-afddc6a8012c&pt=3Dcampaign&pv=3D4&spa=3D= 1729504859&t=3D1729506561&s=3D21d00953319f746f5e5755ec1da33db237c537b2b9492= 3676d3796bde656fdbd [29] https://tldr.tech/tech/manage?email=3Dtldr%40syn= chro.net --W1hLaYLb Content-Type: text/html; charset=utf-8 Content-Transfer-Encoding: quoted-printable TLDR
Payments c= ompany Stripe has acquired stablecoin platform Bridge for $1.1 billion in t= he largest acquisition in the crypto industry to date. =E2=80=8C = =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C = =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C = =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C = =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C = =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =  =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C=  =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C=  =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C=  =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C=  =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C =E2=80=8C=  =E2=80=8C 

TLDR

Together With 3D"WorkOS"

TLDR 2024-10-21

Learn how to cross the ente= rprise chasm, from companies who have reached the other side (Sponsor)

Building for enterprise comes with a se= ries of difficult questions to answer. How do you balance iteration speed w= ith quality and security? Do you design for the financial decision maker or= the end user? How do you get feedback in an actionable timeframe?

The Enterprise Ready Conference by= WorkOS is your opportunity to get answers.

This one-day event in San Franci= sco will bring together product and engineering leaders from com= panies like OpenAI, Vanta, Checkr, Dropbox, and Canva =E2=80=94 i.e., folks= who have successfully designed, built, and sold SaaS products to the world= 's most formidable enterprises.

Free to join, manually vetted. R= equest an invite =E2=86=92

=F0=9F= =93=B1

Big Tech & Startups

Stripe acquires stablecoin = platform Bridge for $1.1 billion in crypto's largest acquisition (1 minute = read)

Payments company Stripe has acquired st= ablecoin platform Bridge for $1.1 billion in the largest acquisition in the= crypto industry to date. Bridge was previously valued at $200 million. Str= ipe recently reinstated crypto payments for US businesses via USDC on Ether= eum, Solana, and Polygon. It also inked a partnership with Coinbase that re= quired Stripe to incorporate Coinbase's Base Layer 2 network into its crypt= o payment products and Coinbase to add Stripe as a way for its customers to= buy crypto within its Coinbase Wallet.
OpenAI, Microsoft reportedl= y hire banks to renegotiate partnership terms (2 minute read)

OpenAI and Microsoft have both hired in= vestment banks to help revise the terms of their partnership as OpenAI plan= s to restructure to reincorporate its for-profit arm as a benefit corporati= on and remove caps that previously limited investors' returns. The negotiat= ions are said to focus on how big of a stake Microsoft will receive in Open= AI following the restructuring. Microsoft has invested over $13 billion int= o OpenAI since 2019. The current terms of the partnership say that Microsof= t will receive most of OpenAI's initial profits until it recoups its invest= ment. OpenAI doesn't expect to become profitable until 2029.
=F0=9F= =9A=80

Science & Futuristic Technology

It's Time to Build the Exop= lanet Telescope (12 minute read)

Starship is designed to launch at least= 150 metric tons to low Earth orbit at an exceptionally low cost with a lau= nch cadence high enough to ultimately deliver over one million metric tons = per year. This will transform human logistical capacity in space and allow = for greatly reduced space development costs. It would enable humanity to de= velop a self-assembling and ever-growing telescope in space. This telescope= would be able to resolve features on the surface of exoplanets and reveal = continents, mountain ranges, river systems, seasonal variations in plants a= nd animals, and more.
US startup charging couples= to =E2=80=98screen embryos for IQ' (7 minute read)

Heliospect Genomics is a US startup tha= t offers embryo screening services. The company allows couples to rank up t= o 100 embryos based on IQ, section, height, risk of obesity, risk of mental= illness, and other traits. Its services cost up to $50,000. The company's = offers represent an ethical minefield. Selecting embryos based on predicted= IQ is legal in the US, but not in some other countries like the UK.
=F0=9F= =92=BB

Programming, Design & Data Science

Block ads, malware, and spa= m for just $2.49/mo (Sponsor)

Between malicious links and invasive tr= acking, the modern internet is not safe for unprotected browsing. Surfshark One is everything you need to stay secure in y= our online adventures: VPN, data breach Alert, Antivirus, ad blocker, alter= native identity, and more.

=F0=9F=93=A5 BLACK FRIDAY OFFER: 86% of= f with 4 months EXTRA

TanStack Start (Website)

TanStack Start is a full-stack React fr= amework that enables full-document SSR, streaming, server functions, bundli= ng, and more. It comes with a routing system designed to handle all full-st= ack routing requirements with ease. TanStack Start is designed to be deploy= able anywhere that runs JavaScript.
The future of Postgres? (3 = minute read)

Stability and reliability are core to P= ostgres. New features will come from extensions, which allow developers to = create other storage backends, new types, and more. There are a lot of exte= nsions available. This article covers a few of the extensions that hint at = the potential of Postgres' future.
=F0=9F= =8E=81

Miscellaneous

<= /div>
How San Francisco Learned t= o Love Self-Driving Cars (10 minute read)

Self-driving cars have won over San Fra= ncisco after a rocky start a year and a half ago. The company is currently = serving over 100,000 paid rides a week across Los Angeles, Phoenix, and San= Francisco. It opened its service to everyone in San Francisco this past su= mmer. Waymo rides generally cost slightly more than Uber or Lyft, but users= don't have to tip drivers, making the three apps' prices competitive. The = company is already retaining riders at a higher rate than competitors while= operating on a much smaller scale.
Did Automattic commit open = source theft? (17 minute read)

Automattic, the VC-funded company behin= d WordPress, is in a full-blown corporate conflict with WP Engine, a popula= r managed WordPress hosting service. As part of the conflict, Automattic fo= rked a popular plugin made by WP Engine, replaced the plugin in the plugin = directory, and is migrating over 2 million of the plugin's customers silent= ly onto the fork. The reviews for the plugin have remained as if nothing ha= s changed and any reviews pointing out the heist are being actively removed= .. The silent change, aimed at reducing WP Engine's revenue, broke some prod= uction sites. The incident is a nightmare scenario for companies serious ab= out supply chain security - the WordPress.org plugin directory is no longer= reliable.
=E2=9A= =A1

Quick Links

Grab the attention of 5 mil= lion tech professionals (Sponsor)

Reach highly-engaged software developer= s, product managers, and other tech decision makers reading TLDR. We'll eve= n write your copy for you. Learn more about running your first campaign with us. Limited= to just 3 ads per newsletter.
Software Engineer Titles Ha= ve (Almost) Lost All Their Meaning (6 minute read)

Developers with just three or four year= s of experience under their belts are receiving 'senior' titles faster than= ever.
Apple internally believes t= hat it's at least two years behind in AI development (2 minute read)

Apple plans to run Apple Intelligence o= n every device with a screen by 2026.
There's another plan for a = tech utopia in California =E2=80=94 this time in Wine Country (6 minute rea= d)

Esmeralda is a proposed enclave with a = decentralized digital-first community that seeks to replace existing instit= utions with systems of governance.
The IPv6 Transition (38 min= ute read)

The world will likely be stuck with bot= h IPv4 and IPv6 for quite some time as there's no rush to transition to IPv= 4 anytime soon and there's no desire to revert to an IPv4-only network.
Wireit (GitHub Repo)

Wireit is a tool that upgrades npm scri= pts to make them smarter and more efficient.
@truth_terminal has just be= come the first AI in history to become a millionaire (3 minute read)

Goatseus Maximus, a crypto based on AIs= posting about a meme, is almost worth half a billion dollars and continues= to grow.

Congrats to Charlotte De Ridder, = Patrick Lenz, and Jeanette Rushford for referring 5 f= riends to TLDR. Thanks for helping us spread the word! =F0=9F=99=8F

Love TLDR? Tell your friends and get rewards!

Share your referral link below with friends to get free TLDR swag!
https://refer.tldr.tech/1fd848fa/
Track your referrals here.

Want to advertise in TLDR? =F0=9F=93=B0

If your company is interested in reaching an audience of tech executives, d= ecision-makers and engineers, you may want to advertise with us.

If you have any comments or feedback, just respond to this email!

Thanks for reading,
Dan Ni & Stephen Flanders


If you don't want to receive fu= ture editions of TLDR, please unsubscribe = from TLDR or manage all of your TLDR newsletter subscriptions<= /a>.
3D"" --W1hLaYLb-- --- ￭ Synchronet ￭ Vertrauen ￭ Home of Synchronet ￭ [vert/cvs/bbs].synchro.net .