🪅 Heap Heap Hurray Ed. #56

May your coffee be strong and your Tuesday be smooth.

It’s a slow news day today… like every Tuesday tbh.

#AIExploitation - Outlier AI, a subsidiary of Scale AI - a unicorn - has been accused of exploiting workers from India to train AI models. Outlier AI has listed a number of openings for coding experts, which is accessible for countries like India. But Indians with Master’s degree are getting paid $7.5 / hr while somebody residing in the US with much less qualifications than their Indian counterparts is earning $40 / hr.

#TechBubble - Have you seen the AI stocks lately? They've made a reported $10 TRILLION in market cap since ChatGPT launched. But here's the thing, earnings forecasts have only gone up by like 25%. It's like, investors are priced in on seriously optimistic growth expectations, and at some point, that's gotta pop!

#MalwareMageddon - Cybercriminals use Facebook business pages and advertisements to promote fake Windows themes that infect unsuspecting users with the SYS01 password-stealing malware. The threat actors also promote fake downloads for pirated games and software, including 3D image creator and One Click Active.

Xiaomi's Profit in India Takes a Hit
Xiaomi is a Chinese tech company that's popular for its affordable smartphones and smart devices. They're one of the top smartphone brands in India, but their profit has taken a big hit - it's down 77% compared to last year.

Apple's India Sales Soar to $8 Billion, Delivers 33% Growth
Despite a decline in revenue globally, Apple has been pushing to grow its presence in India, where it has struggled to make a significant impact in the past. Today, Bloomberg reported that Apple's sales in India reached $8 billion, a 33% increase from the previous year.

Google in Talks to Acquire Wiz for $23 Billion
Google is considering spending $23 billion to buy Wiz, a cloud cybersecurity startup with partners that include Amazon and Oracle. The New York City-based Wiz offers “siloed security tools and scanners” for the enterprise space, according to the company.

OctoTree | Easily navigate your folders in your Github repository without pulling your hair out

Act | Run your Github Actions locally

DevCert | Local HTTPS development made easy

Recreating MDN’s Truncated Text Effect
This blog is a tutorial on how to create the fading text effect on text overflow, borrowed from MDN’s documentation. The tutorial goes into detail and explains it in a step by step way on how to achieve the cool effect.

Typography Tips For A Better Readability
3 tips. Just 3 - and you can transform your document. There are 3 small changes you can make to your content to provide a more pleasurable read. The tips don’t just apply to design—use them to make your text documents look great, too.

React Hooks: Tips and Best Practices
React Hooks are a very powerful tool to add interactivity and features to user interfaces. As your application grows, you will increasingly rely on hooks, composing simple ones into complex hooks. This can lead to an unreadable, unmaintainable mess that rerenders 5 times a second for no apparent reason. In this article, the author will show you some React Hooks antipatterns and how to avoid them if you want a clean, readable, and robust application.

Tech Industry Undergoing Major Shift
The Pragmatic Engineer Newsletter editor Gergely addresses the sudden changes in the tech industry, presenting his annual conference talk, "What's Old is New Again." The talk explores the underlying reasons for the changes and how the software engineering industry will likely adapt.