Good morning. I'm absolutely delighted to share that we've included a final speaker for Our Coins2Day Brainstorm AI event: San Francisco Mayor Daniel Lurie.
TL;DR
- San Francisco Mayor Daniel Lurie will speak at the Coins2Day Brainstorm AI event.
- Meta has hired Apple's head of interface design, Alan Dye, to lead a new design studio.
- Micron is exiting the consumer memory sector to focus on the data center industry.
- A critical vulnerability named 'React2Shell' affects approximately 40% of cloud computing setups.
Mayor Lurie is approaching his first year in office as the head of the nation's tech hub (if I may say so), and we're eager to examine his upcoming initiatives for the technology sector and the broader community during the subsequent three years.
Lurie is participating alongside the chief executives of Arm, CoreWeave, Cursor, Databricks, Exelon, Freshworks, Google Cloud, Intuit, Rivian, and and so many more at the Coins2Day Brainstorm AI conference. This assembly represents a truly remarkable collection of leaders.
We kick things off on Monday, December 8; you can watch the livestream of the mainstage program right here.
Today’s tech news below. —Andrew Nusca
Want to send thoughts or suggestions to Coins2Day Tech? Drop a line here.
Meta has recruited Apple's head of interface design, Alan Dye.
Big news in the world of Big Tech.
Meta CEO Mark Zuckerberg announced on Wednesday that he has successfully poached Apple’s most prominent design executive: Alan Dye.
Since 2015, Dye has been the leader of Apple's user interface design group. His recent accomplishments include overseeing the development of the interface for Apple's Vision Pro headset and the “Liquid Glass” overhaul of Apple's operating systems, in addition to numerous other projects.
Reporting to Meta CTO Andrew Bosworth as chief design officer, Dye will head a newly established design studio focused on transforming the company's offerings and user interactions.
“Our idea is to treat intelligence as a new design material,” Zuckerberg wrote on social media.
This represents yet another setback for Apple, which has faced difficulties in keeping design staff following Jony Ive's exit in 2019.
Apple says it will replace Dye with longtime designer Steve Lemay.
“Steve Lemay has played a key role in the design of every major Apple interface since 1999,” CEO Tim Cook said in a statement. “He has always set an extraordinarily high bar for excellence and embodies Apple’s culture of collaboration and creativity.” —AN
Micron is discontinuing its consumer product line to concentrate on data centers.
Have you heard about the global shortage of memory chips?
Micron sure has—and it said Wednesday micron announced its intention to withdraw from the consumer memory sector, operating under the Crucial name, in order to concentrate more intensely on the vital data center industry.
Micron has announced that worldwide sales of Crucial memory will end, though the company intends to keep shipping products through February 2026.
In reality, Micron has been increasingly dedicating more of its assets to its sophisticated data center memory division, known as HBM, which stands for High Bandwidth Memory.
HBM memory modules generally carry a higher cost compared to their consumer-grade equivalents, featuring wider profit margins. In its August fiscal period, Micron reported nearly $2 billion in earnings from this division.
Nevertheless, with the surge in AI, the market is intensely competitive. Alongside Micron, headquartered in Boise, Idaho, are two firms from South Korea: Samsung and SK Hynix.
Shares of Micron fell about 3%, to about $231, on the news. —AN
A new vulnerability, dubbed ‘React2Shell’, is impacting approximately 40% of cloud computing setups.
A critical security flaw, rated at the highest level of concern, has been discovered within a widely utilized utility for crafting interactive elements for online and handheld software.
The cybersecurity firm Wiz has stated that React Server Components, a capability within the widely used JavaScript library React, has a vulnerability. If this vulnerability is successfully exploited, it would permit malicious actors to carry out remote code execution.
“The vulnerability exists in the default configuration of affected applications, meaning standard deployments are immediately at risk,” Wiz wrote in a blog post. “Due to the high severity and the ease of exploitation, immediate patching is required.”
Wiz indicated that 39% of cloud setups feature instances of Next.js or React in editions impacted by the vulnerability.
An attacker doesn't require authentication to create disruption; a harmful HTTP request is sufficient for running code on the server being targeted. —AN
More tech
—Snowflake and Anthropic do a deal. $200 million to deploy AI agents across enterprises.
—You had me at “conspiring to destroy government databases.” The charge for two brothers who worked as federal contractors.
—India rescinds security app order. New smartphones won’t have Sanchar Saathi preinstalled after all.
—OpenAI reportedly explored stake in Stoke Space. Extraterrestrial AI data centers: After all, why not? Why shouldn’t I?
—Uber and Avride launch robotaxis in Dallas. It’s Uber’s fourth city after Atlanta, Austin, and Phoenix.
—Netflix sells game studio Spry Fox. Its six-studio gaming operation is now down to three.
—Intel won’t spin off NEX. The networking business will more likely succeed in-house.
