templeton apple squarepimentelprotocol The Square executive leading Jack Dorsey’s big plan for a bitcoin wallet is a veteran hardware technologist with a quirky hobby: taking pictures of countertops.
“My wife gives me a hard time because my camera phone is full of baby pictures and countertops,” Thomas Templeton, Square’s general manager for hardware, told Protocol.
Templeton takes photos of countertops at coffee shops and stores where he gets fresh ideas for improving Square’s ubiquitous point-of-sale registers. The practice, he admits, is “a little weird” and typically prompts a shop owner to ask: ‘What are you doing?'”
It’s a good question for his new challenge, too, which is something harder to capture in the wild: making a hardware device that safeguards the private keys used to unlock cryptocurrencies. Right now, it’s a niche product category that caters to the most hardcore crypto HODLers.
But it’s one of several bitcoin-related bets Dorsey is making to solidify Square’s role in the crypto world — and that makes Templeton’s job, which is to make the device appealing and user-friendly to the same kind of people who trade bitcoin on Cash App, all the more crucial.
That could mean a lot of conversations with bitcoiners, just like Templeton chats up Square merchants today.
“I talk to them and say, ‘Your setup is a little bit unique and I’m taking it back to the design team,'” he said. “Every business is different. If you think about countertops — there are some really deep countertops, some narrow countertops, some really high ones.”
That same wild diversity can be found in Square’s target market, which Templeton acknowledges is complicated. Jesse Dorogusker — Templeton’s boss, whose portfolio now includes both hardware and the Tidal streaming service — said the plan is to “to make bitcoin custody more mainstream.” But some people buy bitcoin as an investment, some use it to hedge against unreliable local currencies, some speculate and some just see it as a glimmer of the world’s financial future.
As Dorsey’s profile in the crypto world has grown, so has bitcoin’s importance to Square. Bitcoin revenue tripled year-over-year to $2.7 billion in the second quarter when it made up more than 40% of Square’s total sales.
Crypto wallets, which are typically small USB-drive-like devices, are popular among retail crypto holders who want to make sure their assets don’t get hacked. It’s currently a niche market, valued at $202 million in 2020, but growing fast along with the value of cryptocurrencies.
Chris McCann, a general partner at Race Capital, a venture capital firm which has made crypto investments, said “it’s hard to see how hardware wallets would be a material revenue driver” for Square in the near term. But he called the company’s move “a hugely positive and exciting step for the ecosystem” and a way for Dorsey and Square to “expand the market much broader than what it is today.”
Square’s objective, Templeton said, is “to bring bitcoin [wallets] to the masses, to the next 100 million people around the world,” adding, “We believe bitcoin is for everyone.”
He said he’s in the process of building the wallet team, which already includes hardware security lead Max Guise, whose name is on several patents related to physical unclonable functions, a key technology. Templeton declined to discuss details of the plan so far, saying they’re early in the process.
But it’s clear from what Dorsey and Dorogusker have said that the goal is to come up with an easy-to-use mass consumer product with broad appeal. “The more seamless the experience is, the more people will try it,” McCann said.
The ideal would be what Apple accomplished with products like the iPhone, the investor added: “Marrying the best of hardware and software into one package would greatly help self-custodianship.”
Templeton certainly understands the challenge — and that comparison. Before joining Square in 2011, he was part of the Apple team that helped develop the iPhone camera. (Dorogusker, who joined Square from Apple shortly before Templeton, served as a director of engineering at the tech giant.)
Templeton joined Square when its hardware team “was still pretty small,” and they developed what he called a “really iterative process.”
“As soon as we have a product, there are a million things I want to change about the product for the next version,” he said. “As soon as you ship [a product], you’re already going, ‘Oh, my god. I wanted to change this. I wish we did that. This wasn’t enough.”
His habit of taking countertop photos is part of his process of figuring out ways to make Square products easier to use. “We want to be as frictionless as possible,” he said.”How can we provide tools that are flexible enough, where they don’t have to rip out their countertop or change their setup to use Square?”
Templeton said his team was constantly making tweaks to the point-of-sale lineup, like adding an extra screen or changing the aspect ratio to cut a second or two in the payment process and make life easier for customers and staff.
“Seconds might not seem like a big deal, but when it’s rush hour, those seconds add up,” Templeton said.
The challenge, though, isn’t to just design a beautiful device. It’s making sure it can be manufactured — thinking about “tolerances,” or how much variation is acceptable as product after product comes off an assembly line.
Before Apple, Templeton worked in the chip industry as a staff engineer at Xilinx.
“I spent a lot of time in factories early in my career and those helped, and I do think those helped when designing products,” he said.
“Designing for high volume is different from designing for dozens or hundreds or thousands of units,” he added. “I’m designing to make millions of these. How can we design something and be able to make it scale?”
To get answers, Square is doing something that would have been all but unthinkable at Apple: It’s reaching out to the bitcoin and crypto community, including hardware makers it may even end up competing with.
Douyin develops desktop chat software, experts say it is difficult to compete with WeChat
The Chinese media Times Finance reported on the 4th that the Douyin chat desktop has been launched, and two versions of Windows and Mac have been developed. The update time is December 30, 2022, and the latest version is 1.0.0. However, according to expert analysis, Douyin chat is difficult The success path of copying WeChat.
According to the report, users need to scan the QR code of the Douyin app to log in to the Douyin chat desktop, but only the two pages of chat messages and friends list can be switched, and the chat function only supports sending pictures, texts and chat emoticons, and can initiate group chats. chat, and supports searching usernames to add friends.
A Douyin user with the pseudonym Chen Chen said after a trial that the current Douyin chat function is too single, and it is better to chat directly in Douyin.
She said that the most common daily conversations in Douyin are sharing short videos and videos to private messages among friends, and leaving comments to each other. On the Douyin chat desktop, although it is possible to receive audio and video from friends, it is still more convenient to swipe and chat on the phone. There is no function on the desktop to support her continued use.
The report said that after all, Douyin’s built-in chat function has more playability, including the ability to open video chats on the interface of sending messages, plus Douyin’s popular filters, and you can also watch short videos with friends, grab red envelopes, and play with you Draw my guess, backgammon and other small games.
Douyin has never given up its dream of developing social functions. Group CEO Zhang Nan said in 2021 that Douyin’s “social interaction is a natural process.” The interactive needs expressed by users began to ferment within Douyin, promoting Douyin’s social interaction.
Nevertheless, the industry generally believes that it is still difficult for Douyin to shake WeChat’s status as a national-level application.
In the third quarter of last year, the monthly active users of WeChat and WeChat reached 1.3 billion. After all, for many users, WeChat is not only a communication tool, but also an office application software, a social platform, and a payment tool.
Pan Helin, co-director and researcher of the Digital Economy and Financial Innovation Research Center of Zhejiang University International Joint Business School, said that Douyin is almost the most successful social networking site in recent years in terms of short video and audio, which has contributed to Douyin’s deep socialization in personal domains. circle, and launched Douyin chat.
However, Pan Helin said that Douyin chat is still difficult to replicate the successful path of WeChat chat tools, and said that Douyin short video and audio can become a tool for group chats of specific groups such as cultural groups and fan groups, but it will not become a private platform like WeChat. domain domain tools.
Vietnam’s garment industry is optimistic after the epidemic disappears: exports will look at US$48 billion in 2023
Vietnam takes textile exports as an important economic pillar. Industry insiders predict that looking forward to 2023, under an optimistic scenario, Vietnam’s annual textile and garment exports will reach US$48 billion. Even in the basic scenario, it can reach US$45 billion, but it is not ruled out. possibility of recession.
The Vietnamese media “VnExpress” reported that Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS), said that under optimistic conditions, the global economy will stabilize, and clothing demand is expected to recover before the end of the first quarter. It is expected to reach $47 billion to $48 billion.
Under the basic scenario, that is, global clothing demand will recover in the second half of 2023, and the annual textile and clothing exports may reach 45 billion to 46 billion US dollars.
Experts are optimistic about the industry prospects in 2023, on the grounds that the COVID-19 epidemic is under control, countries around the world are adapting to the new normal, and the Asia-Pacific region will be the fastest growing region in the world in 2023. In addition, China’s abandonment of the zero-clearing policy and the reduction of logistics costs are also expected to boost demand for Vietnam’s garment orders.
However, Le Tien Truong, chairman of Vietnam’s largest garment manufacturer “Vinatex” (Vinatex), warned that the worst scenario, that is, the global economy falls into recession, and the textile and garment export volume in 2023 may be higher than that in 2022. Reduced by about 5%.
Textile exports are Vietnam’s third largest source of export revenue. According to the General Department of Vietnam Customs (General Department of Vietnam Customs), from January to November 2022, Vietnam’s textile and garment exports totaled US$34.645 billion, an increase of 18.9% over the same period in 2021.
response microsoft europefoleyzdnet
response microsoft europefoleyzdnet Microsoft’s European arm is responding to the recent ZDNet story about the company’s alleged anti-competitive practices. In a statement to Foley, a Microsoft spokesperson said: “We’re committed to competition and choice in every market where we operate.” The spokesperson went on to say that Microsoft is “disappointed” by the conclusions of the ZDNet story and that the company will “vigorously defend” itself against any allegations of anti-competitive behavior. response microsoft europefoleyzdnet
In response to the Microsoft Foley scandal, Europe is taking a stand. ZDNet’s European Editor, Foley, gives his opinion on the matter. He believes that while Microsoft may have broken the law, they did so in order to compete with Google and other companies. He also believes that the European Commission’s response is out of proportion to the situation. response microsoft europefoleyzdnet
In response to the recent Microsoft Europe data leak, Foley from ZDNet writes that “privacy concerns are nothing new for the company”. He goes on to say that “Microsoft has a long history of mishandling customer data”, and cites examples such as the Hotmail data leak in 2014 and the LinkedIn data breach in 2016.
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