Top Tech News Today: Elon Musk Welcomes Sriram Krishnan as Tech Executive for Twitter! Experts Claim 97% of Uniswap Tokens are ‘Rug Pulls’

To reignite Twitter's popularity, Musk hires Sriram Krishnan as Tech exec! Read more tech news here

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Researchers at Meta have outdone themselves, its AI can now predict over 600 million proteins from unknown bacteria, viruses, and microbes.

Fast-Track Insights: Musk's recent tweets have caused a frenzy among DOGE fanatics! A series of Twitter-themed DOGE tokens cause massive losses among investors.

Sriram Krishnan is an Indian-origin technology executive, who is helping out Musk revamp the newly-owned Twitter platform. Krishnan has been a general partner at the Silicon Valley venture capital Andreessen Horowitz. According to reports, he is temporarily helping out Musk to unveil the true potential of the social media giant, Twitter. Krishnan has created and overseen various mobile ad projects for Snapchat and Facebook.

Researchers at Meta have enhanced the power of their artificial intelligence system to predict the structures of approximately 600 million proteins from bacteria, viruses, and other microbes that have not yet been characterized or experimented upon. Meta's AI is posing tough competition to DeepMind which had a record of identifying about 220 million proteins, earlier this year.

A Tech Mahindra official said that the company outright supports moonlighting, mainly because it's a digital company and not a legacy one, hence, it supports the side hustles. However, the company is yet to come to curate a specific policy that will abide by local and national laws, but the company will now definitely become a highlight among those employees who wish to obtain a side hustle along with their full-time jobs.

A team of finance and crypto researchers claim that around 98% of the tokens launched on the decentralized crypto exchange Uniswap are 'rug pulls'. But Crypto Twitter disagrees! In a recent study, the researchers claim to have added transaction data from over 20,000 tokens, which were manually analyzed and the results have come positive for potential rug pulls, with almost 98% accuracy.

A new class of Dogecoin tokens was introduced to the market, however, these Twitter-themed Dogecoin tokens have wreaked havoc in the investment community. As per reports, over 42 tokens were marked illicit, more specifically, as 'honeypots' by the blockchain security firm PeckShield. Only within a couple of hours, the value of 67 tokens fell over 90%, another 45 tokens declined entirely by 100%