🚀 Microsoft becomes world's largest company
Surpassing Apple's market cap
Hey Waivly Crew! 🌊 Microsoft closed with a market value of $3.15 trillion on Friday afternoon, setting a new record for U.S. companies. X signed a two-year deal with the WWE for a new exclusive weekly video series called WWE Speed.
Waivly Work introduces Interview Experiences
We're thrilled to unveil a brand new feature on Waivly Work: Interview Experiences. This exciting addition empowers you, our incredible users, to share your firsthand insights and stories about interviews directly on Waivly Work.
At Waivly Work, we're dedicated to providing you with the tools and resources you need to navigate your career journey with confidence. With the launch of Interview Experiences, we're taking yet another leap forward on that mission. Now, you can not only discover amazing job opportunities and learn about top companies, but also gain valuable insights into the interview process directly from your peers.
Sharing your interview experience is simple. Just visit the "Share Your Interview Experience" page on Waivly Work, and fill out the interview experience form with details about the company, position, and your overall experience. Once submitted, our team will review your experience to ensure accuracy and authenticity.
UN probes $3B North Korean cyberattacks on crypto firms
The United Nations is reportedly investigating hacking groups tied to the Democratic People’s Republic of Korea (DPRK) for orchestrating cyberattacks on cryptocurrency firms over six years, amassing profits of approximately $3 billion.
According to a recent Reuters report citing unpublished UN documents, an independent sanction committee is overseeing the investigation into the DPRK-linked hacking groups. These groups allegedly targeted 58 crypto-related firms between 2017 and 2023 to aid their weapon of mass destruction (WMD) development work.
The UN is expected to release a published report of its findings within the next two months, as disclosed in the unreleased documents.
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Microsoft is now the most valuable company ever
Microsoft ended the week with a groundbreaking market capitalization of $3.125 trillion, surpassing Apple's prior record of $3.09 trillion. This achievement establishes Microsoft as the first U.S. company to exceed a market cap of $3.1 trillion.
The closing stock price for Microsoft at the end of the week was $420.55, reflecting an impressive 60% surge in the past year, primarily fueled by the growing enthusiasm surrounding its AI software. The company's recent financial report exceeded Wall Street's expectations, showcasing its robust performance.
"We’ve moved from talking about AI to applying AI at scale,” CEO Satya Nadella said in a statement at the time. “By infusing AI across every layer of our tech stack, we’re winning new customers and helping drive new benefits and productivity gains across every sector."
🎉 S&P 500 breaks 5,000 for first time
💰 Sam Altman aims to raise trillions for AI chip project
🚇 Working on Apple Vision Pro in the NYC Subway
⚡ Porsche upgrades Taycan with more range and fast charging
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Gen Woods is the co-founder of Callback, a fun and engaging loyalty program that is built around collecting virtual items and rewarding users based on what they've collected.
MorganaMad is a digital artist who appreciates the fusion of fantasy and realism in her work. She finds joy in the captivating beauty of her creations, and her eyes are delighted by the interplay of colors and shapes.
Kareem Khattab is the founder of Entendre, an automated AI accounting platform for Web3 teams to manage all their digital assets. Entendre can be integrated into any ERP, allowing for reliable and streamlined financial operations.
European Commission seeks input on AI misinformation guidelines
The European Commission is set to mandate tech giants such as TikTok, X, and Facebook to identify AI-generated content, aiming to protect upcoming European elections from misinformation.
In an effort to enhance election security, the commission has launched a public consultation on proposed guidelines for very large online platforms (VLOPs) and very large online search engines (VLOSEs). These guidelines focus on mitigating democratic threats arising from generative AI and deepfakes. Suggestions include preemptive measures for risk reduction, addressing generative AI content concerns, and providing clear directives for European Parliament elections.
Open for public input in the European Union until March 7, the draft guidelines recommend alerting users on major platforms about potential inaccuracies in content generated by AI.
WWE signs two-year deal with X for WWE Speed
Wrestling enthusiasts with short attention spans will soon have a solution, thanks to a newly announced partnership between WWE and X.
The collaboration introduces a series of exclusive five-minute matches on the X platform. Set to debut this spring as a weekly video series, the matches will feature WWE stars, although specific names were not disclosed in the initial announcement. Promising a "new format for high-paced timed matches," this venture comes on the heels of Netflix's $5 billion deal with WWE, securing exclusive streaming rights to the weekly wrestling program, Raw, in both the U.S. and internationally.
The announcement of the X partnership was made during WWE's WrestleMania Kickoff event, adding anticipation to the 40th annual WrestleMania slated for April in Philadelphia.
Apple opens its doors to developers’ alternative app stores
Apple announced on Friday that EU developers can now integrate alternative app marketplaces into App Store Connect, anticipating the release of iOS 17.4, which is set to overhaul the app ecosystem in the European Union. These marketplaces empower developers to independently distribute iOS apps beyond the traditional App Store.
In conjunction with this update, Apple has opened submissions for Notarization, a mandatory step for apps distributed through these alternative platforms. To ensure the security of the app ecosystem, Apple subjects all apps to rigorous checks, aiming to detect and prevent malware and other malicious content.
Developers interested in this process must comply with Apple's updated business terms, which include a Core Technology Fee of 0.50 euros per install for app marketplaces, with the same fee applicable to apps after reaching 1 million installs.
Waivly Work Highlights
👩💻 Head of Machine Learning & AI at Discord
👩💻 Staff Software Engineer at Airbnb
👩💻 Social Media Manager at Status
👩💻 Product Specialist at Level AI
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