> "anyone can build a payment processor, nobody can get regulatory approval."
If you want to become a bank regulatory approval is hard. If you don't then its necessary but not the biggest barrier by far. Building trust with card networks, merchants & banks, interfacing with card networks, optimizing acceptance rates to a high level against the black box of card networks etc.
And then you still wouldn't make any money because the margins are extremely low on processing payments themselves - so either you have to have massive scale or have a bunch of value added services that you charge more for. For which you also need a serious commercial engine to be able to sell to either loads of enterprises or some very large ones (who will rarely sign exclusive deals - they will just give you a share of wallet so they can transfer traffic over at will).
Not made clear in this article - this bill will be passed back to the House of Commons to debate/amend before going back to the House of Lords. This was not the final say.
Does anyone know where their SWE-bench Verified results are from? I can't find matching results on the leaderboards for their models or the Claude models and they don't provide any links.
They are built to last. I've had my Fenix 5 for at least 7 years and it shows no signs of slowing or dying. Battery still lasts 5 days or so with normal use. Think it's just stopped getting software updates.
Admittedly they were a bit cheaper back then (but this will one will be too next year)...
> For Free and Plus users, these changes take effect immediately. Pro, Team, and Enterprise users will also see the changes at launch but will have access to older models through legacy model settings.
So only for free/plus users (for now). I do wonder how long they will take to deprecate these models via API though...
Even those versions could well have been interleaved with other AI summaries about Dave Barry that referred to OP without disambiguating which was about who.
Most of these issues will be ring true to lots of folk using Iceberg at the moment. But this does not:
> Yet, competing table formats like Delta Lake and Hudi mirror this fragmentation.
[ ... ]
> Just as Spark emerged as the dominant engine in the Hadoop ecosystem, a dominant table format and catalog may appear in the Iceberg era.
I think extremely few people are making bets on any other open source table format now - that consolidation has already happened in 2023-2024 (see e.g. Databricks who have their own competing format leaning heavily into iceberg; or adoption from all of the major data warehouse providers).
It’s part of GDPR. I’ve been given training on it at all (3) companies I’ve worked for and training has always included what constitutes a breach and what to do.
I would hope any company would treat it as an incident rather than just a bug where senior enough folks would be involved to know what their responsibilities are.
The marathon plus's are quite a bit more durable IME. And my sister and brother in law literally cycled fron UK -> singapore without a single puncture between them.
Babylon https://www.babylonhealth.com/ | Healthcare Technology | Engineers (all levels: product, data and cloud) | US (Austin, SF, Remote) & UK (London, Remote)
Tagline: "We want to put an accessible and affordable health service in the hands of every person on earth".
Over the last 7 years have built a platform that combines telemedicine, patient facing AI services (a symptom-checker and an automated health check) and clinician facing AI services.
We are now consolidating this offering into a set of "Cloud Services" as well as moving towards a value-based care model in the US and the UK.
I work as an Engineering Manager in the data team where we are especially excited about hiring talented junior engineers.
If any of that sounds exciting feel free to reach out to [email protected]
If you want to become a bank regulatory approval is hard. If you don't then its necessary but not the biggest barrier by far. Building trust with card networks, merchants & banks, interfacing with card networks, optimizing acceptance rates to a high level against the black box of card networks etc.
And then you still wouldn't make any money because the margins are extremely low on processing payments themselves - so either you have to have massive scale or have a bunch of value added services that you charge more for. For which you also need a serious commercial engine to be able to sell to either loads of enterprises or some very large ones (who will rarely sign exclusive deals - they will just give you a share of wallet so they can transfer traffic over at will).
Card networks are another story...