Tech 6 April 2018

More tech workers can’t afford to live where they work — and neither can teachers and first responders

Teachers, first responders, restaurant workers, and programmers have the hardest time affording a home near their jobs.

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Soros fund reportedly preparing to trade cryptocurrencies

The head of macro investing at billionaire George Soros' fund is planning to trade cryptocurrencies, Bloomberg said Friday, citing sources familiar with the matter.

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Elon Musk warns A.I. could create an ‘immortal dictator from which we can never escape’

Tesla and SpaceX CEO Elon Musk said that artificial intelligence “doesn’t have to be evil to destroy humanity.”

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Social media users treated as 'experimental rats,' EU data watchdog says as he urges Facebook changes

Giovanni Buttarelli, the European Data Protection Supervisor (EDPS), criticized the data collection practices of social media firms.

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Steve Jurvetson appears to be starting his own venture capital firm

Jurvetson is listed as the founder of a soon-to-launch fund called Future Ventures, Recode reports.

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Trump claims the post office is losing billions because of Amazon, but it's a lot more complicated

Trump has repeatedly claimed that the post office is losing money on Amazon. Here's how the deal actually works.

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Netflix is offering more than $300 million for an LA-based billboard company: Sources

Netflix is attempting its largest acquisition, offering more than $300 million to acquire a company that owns billboards across Los Angeles.

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Softbank is reshaping tech in a massive way. Here's how it became so big

Softbank has become an investing powerhouse, investing in the likes Alibaba and Uber. Here's how it became so massive.

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Samsung Electronics tips record first-quarter profit as chip boom winds down

Nonetheless, Samsung shares fell after the announcement as analysts forecast similar or lower profit in the second quarter.

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