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Cyril Hilsum, Who Helped Invent Flat-Panel Displays in TVs and iPhones, Has Died at 101

✇NYT - Business
By: Michael S. Rosenwald
The man who helped develop the technology for liquid crystal displays — the screens in flat-panel televisions and laptops — has died at 101.

© via Hilsum Family

Cyril Hilsum with a fellow scientist in England in 1966. Known as “the father of liquid crystals,” he helped develop the technology that allowed electronic screens to go from bulky to svelte.
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How Binance’s $6.3 Billion Hack Went Down

✇NYT - Business
By: David Yaffe-Bellany
A war room. A global conference call. A founder who live-posted about the largest crypto heist in history. Inside a frantic 24 hours at the world’s biggest crypto exchange.

© SeongJoon Cho/Bloomberg

Binance, the world’s largest crypto exchange, said $6.3 billion of funds are involved in what the industry is describing as crypto’s biggest-ever hack.
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Binance’s $6.3 Billion Hack Is Just the Start of a Risky New Era

✇NYT - Business
By: David Yaffe-Bellany and Dustin Volz
The largest cyber heist in history came as attackers increasingly use artificial intelligence and other advanced techniques to steal crypto and quickly launder the funds.

© Tyrone Siu/Reuters

The founder of Binance, Changpeng Zhao, in Hong Kong in August. The company, the world’s biggest crypto exchange, has promised to make customers whole.
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Meta Settles Social Media Addiction Case, Avoiding Trial

✇NYT - Business
By: Eli Tan
The case, brought by an 18-year-old Mississippi woman and set for trial next week, was the fourth of nine bellwether personal injury lawsuits.

© Stella Kalinina for The New York Times

The latest lawsuit against Meta over child social media addiction was set to go to trial in Los Angeles Superior Court next week.
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Binance Suspends Withdrawals After Crypto Hackers Steal $6.3 Billion

✇NYT - Business
By: David Yaffe-Bellany and Ryan Mac
The crypto exchange said it was compromised in what could be the biggest crypto heist ever. One research lab attributed the theft to “North Korea’s elite hacking unit.”

© Antonio Masiello/Getty Images

Changpeng Zhao, Binance’s founder, said the incident “does look like a hack.”
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How One Country Became the Unlikely Crossroads of the Global A.I. Boom

✇NYT - Business
By: Adam Satariano， Xinyun Wu and Ulet Ifansasti For The New York Times
In Malaysia, U.S. and Chinese tech giants are pouring billions into vast data centers, straining local resources and testing the limits of Washington’s restrictions on advanced chips.

© Ulet Ifansasti for The New York Times

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Binance Grapples With ‘Security Incident’ That May Cause $6.3 Billion in Losses

✇NYT - Business
By: David Yaffe-Bellany
The world’s largest crypto exchange suspended deposits and withdrawals after an apparent hack.

© Antonio Masiello/Getty Images

Changpeng Zhao, Binance’s founder, said the incident “does look like a hack.”
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Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.

✇NYT - Business
By: Karen Weise
Amazon became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.

© Nathan Howard for The New York Times

Amazon is spending heavily on new data centers to operate with this one in Ashburn, Va.
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Biden’s Antitrust Enforcers Are Starting an A.I. Legal Company

✇NYT - Business
By: Sarah Kessler
Jonathan Kanter and Doha Mekki, who led the Justice Department’s antitrust division under President Biden, have co-founded a start-up that makes an A.I. tool for litigators.

© Valerie Plesch for The New York Times

From left, Doha Mekki and Jonathan Kanter, the founders of FluxCap, with Marshall Seid, the company’s chief technology officer, in Washington.
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Bots Drive Online Chatter About Races in Kansas and Texas

✇NYT - Business
By: Tiffany Hsu
Much of the online discourse about Senate races in Texas and Kansas is coming from accounts that appear to be automated, according to new research.

© Meridith Kohut for The New York Times

A demonstrator in Dallas. Research shows inauthentic accounts on social media have been promoting political content in Kansas and Texas.
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Musk Is Predicting ‘Guppy-level Death’ for Scores of A.I. Companies

✇NYT - Business
By: Andrew Ross Sorkin， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Niko Gallogly， Brian O’Keefe， Sri Muppidi， Ian Mount and Elizabeth Olson
Elon Musk sees many artificial-intelligence infrastructure companies being shut out of the debt market, a warning that could weigh on markets.

© Haiyun Jiang for The New York Times

Elon Musk is the latest to warn of an A.I. shakeout, singling out neoclouds as facing “guppy-level death and consolidation.”
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What Is PHP? Why Are Government and Business Websites Going Offline?

✇NYT - Business
By: Karla Adam and Dustin Volz
A critical security flaw in the programming language underpinning much of the web has prompted a global rush to patch vulnerable systems.

© Vincent West/Reuters

A programmer in Guernica, Spain, on Thursday, working on PHP code, software used throughout the internet.
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A.I. and Its Dangers Are Embedded In the Midterm Elections

✇NYT - Business
By: Tiffany Hsu， Steven Lee Myers and Julian E. Barnes
The midterms are the first elections in which artificial intelligence is integrated into every major social media platform. Efforts to blunt its harms are uneven.

© Nicole Craine for The New York Times

One in five voters plan to use A.I. to look into a race on their ballot, according a survey released this month by the American Association of Political Consultants.
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