Over the last month, it’s been hard to miss talk in the media and on social channels about initial coin offerings, or ICOs. What are they? Where did they suddenly come from? Who’s investing in them? When the popular investing platform AngelList announced on Monday that it’s jumping into the business of making ICOs easier to coordinate, attention reached a fever pitch, prompting my colleague Alex Wilhelm to yesterday tackle the question, “WTF is an ICO?” Because this editor was still confused (I’m not proud), I talked yesterday with Stan Miroshnik, a UC Berkeley grad with an MBA from MIT who today runs L.A.-based Argon Group, one of the first digital finance-focused investment banks. Miroshnik nicely answered an array of questions about ICOs, including how these things get staged, how companies establish a value for their offerings, and more. If you’re still trying to get a handle of this latest investing … [Read more...] about How to stage an ICO (and answers to other lingering questions you might have)
Rapid sell auction
Sam Cervantes is a quiet-seeming guy who speaks earnestly about his line of work. When I visited his Brooklyn 3D printer factory in 2013, workers in an assembly line were busy putting together Solidoodle printers. An army of assembled printers whirred as they lay down layers of melted plastic to make parts for the next set of machines. At the time, the promise of desktop manufacturing had just entered the general public’s consciousness. The media reported breathlessly on the potential of local manufacturing and bio-printing. Governments raised fears about undetectable 3D-printed guns. Early adopters wondered whether they, too, needed a 3D printer or CNC machine in their homes. Cervantes was hopeful. Solidoodle was months away from shipping its next-generation printer. Today, Solidoodle is dead. The company ran out of funding in late 2015 after attempting to move operations to China, which led to a drop in product quality, unexpected shipping problems and a loss in … [Read more...] about Whatever happened to 3D printing?
Weather forecasters pushing for strict limits on 5G’s rapidly growing footprint were dealt a blow today by the World Radiocommunication Conference in Egypt. Delegates there voted to create a new international standard that places much looser limits on interference from 5G operating in a specific radio frequency that’s crucial to accurate weather forecasting. Meteorology experts worry that this decision could one day seriously impact their ability to forecast severe storms, leaving communities around the world vulnerable to extreme weather events. Today’s decision is the culmination of a months-long turf battle between scientists and 5G proponents over the prized 24GHz radio frequency band. Telecommunications companies need to occupy higher frequencies, including that band, to reach the faster speeds 5G is supposed to offer. But by expanding their reach, they’re butting up against the frequency scientists use to study water vapor. Weather forecasters say … [Read more...] about Weather forecasters lost the battle for strict interference limits on 5G
Caffeine is in coffee, tea and other products people consume every day, so why is powdered caffeine dangerous?On Tuesday (Sept. 1), the Food and Drug Administration announced that it had issued warning letters to five companies that sell powdered caffeine, saying that their products pose a "significant or unreasonable risk of illness or injury to consumers."Powdered caffeine products are much more potent than caffeine-containing beverages like coffee, and they're dangerous because it is easy for people to consume a lethal amount of powdered caffeine, the FDA said.Just 1 teaspoon of the caffeine powder contains about the same amount of caffeine as 28 cups of regular coffee, the FDA said. In fact, 2 teaspoons of powdered caffeine would kill most adults, according to the Centers for Science in the Public Interest."Powdered caffeine is very concentrated," said Henry Spiller, director of Central Ohio Poison Center at Nationwide Children's Hospital. Most people are so comfortable with the … [Read more...] about Why Is Powdered Caffeine Dangerous?
Instagram Stories now has as many users as the last number announced by Snapchat, the app Instagram copied. And it’s swiftly moving to monetize that massive audience. Along with the new 150 million daily user stat, Instagram today announced the launch of ads mixed into Stories. The unclickable five-second photo and 15-second video ads appear between different people’s stories and can be easily skipped. Instagram will also provide business accounts with analytics on the reach, impressions, replies and exits of their Stories. Monetizing the feature just five months after its August launch might seem premature and could potentially slow its rapid growth. It hit 100 million dailies in October thanks to Stories appearing atop the Instagram feed home screen instead of a different tab or app. Yet Stories now has the same user count as Instagram’s feed did when it started showing ads in late 2013. It’s just that it took Instagram, now with 600 million monthly and 300 … [Read more...] about Instagram Stories hits 150M daily users, launches skippable ads