Techmeme
December 6, 2022, 9:55 AM

Top News

Ben Thompson / Stratechery:
A look at the effects of ChatGPT, which has caused an explosion of interest in OpenAI's capabilities and led to questions about AI's impending impact on society  —  It happened to be Wednesday night when my daughter, in the midst of preparing for “The Trial of Napoleon” for her European history class …
Sam Altman / @sama:
Rachael Levy / Reuters:
Sources: the US Department of Agriculture is investigating Neuralink for potential animal welfare violations after staff complaints over rushed animal testing  —  Elon Musk's Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations amid …
Matt Levine / Bloomberg:
Unpacking the 2022 crypto credit crisis and its parallels with the 2008 financial crisis by analyzing Three Arrows Capital's collapse, FTX's implosion, and more  —  The crypto financial crisis of 2022  —  Apparently the way it works is that if you blow up a big crypto firm …
Joshua Oliver / Financial Times:
Brad Smith / Wall Street Journal:
Microsoft's president discusses the FTC reportedly blocking the Activision Blizzard acquisition and says the company offered Sony a 10-year Call of Duty deal  —  Far from harming competition, it'll allow us to compete against more powerful companies through innovation.
Rebekah Valentine / IGN:
Jon Porter / The Verge:
Google brings continuous scrolling to desktop search in English in the US, loading six pages of results, after a similar change on mobile in October 2021  —  Google's search results on desktop will load in a continuous scroll instead of dividing into pages, the company has announced.
Financial Times:
TSMC plans to more than triple its Arizona investment to $40B, building a fab for 3nm chips, set to open in 2026, and making 4nm chips in its fab for 5nm chips  —  President Biden to hail Taiwanese chipmaker's second plant as boost for US manufacturing  —  Taiwan Semiconductor Manufacturing Company …
Tim Hardwick / MacRumors:
Apple launches its Self Service Repair program in Belgium, France, Germany, Italy, Poland, Spain, Sweden, and the UK, the first expansion outside the US  —  Apple today announced it has launched its self-service repair program in Europe, extending the program beyond the United States for the first time.
Adi Robertson / The Verge:
Meta's Oversight Board releases a report on the controversial cross-check moderation system, citing “shortcomings” and calling for “radically” more transparency  —  Meta's Oversight Board has released an in-depth report on Facebook and Instagram's controversial cross-check system …
Reuters:
Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after FTX's collapse hit valuations and dampened investor interest  —  Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse …
Financial Times:
Sources: the UK Treasury finalizes expanded crypto regulation plans, including letting the FCA restrict how companies run and advertise, after FTX's implosion  —  Implosion of FTX injects fresh urgency into government's pledge to impose order  —  The Treasury is finalising plans for a package …
Jon Swartz / MarketWatch:
Meta threatens to consider removing news from its apps if Congress passes Senator Klobuchar's “ill-considered” Journalism Competition and Preservation Act  —  Bill would allow news organizations to band together to negotiate for a larger share of online advertising revenue
Pranav Dixit / BuzzFeed News:
Some laid-off tech workers on H-1B visas from Meta, Shopify, Twitter, and other tech companies say their employers did not provide adequate immigration support  —  Some former tech employees on work visas in the US are experiencing an existential crisis: “Is it worth staying here for a job and country that doesn't care about you?”
Kenrick Cai / Forbes:
Runway, one of the two startups behind Stable Diffusion, raised a $50M Series C led by Felicis Ventures; sources say Runway has a $500M valuation and a ~$1M ARR  —  Runway ML, one of the two startups behind the popular AI text-to-image model Stable Diffusion, has raised new funding at a $500 million valuation, Forbes has learned.
Javier Espinoza / Financial Times:
Sources: Amazon reaches a deal with the EU to end two antitrust investigations, increasing visibility of rivals' products and adding offers for non-Prime orders  —  Ecommerce group commits to increasing visibility of rivals' products as part of settlement with Brussels
Aisha Malik / TechCrunch:
Snapchat partners with Adidas to launch a Bitmoji Fashion Drop, including an item users can only acquire with Snap Tokens, a first  —  Snapchat announced today that it's partnering with Adidas to launch a new Bitmoji Fashion Drop, giving users access to exclusive merchandise.
More: Digit, Ad Age, B&T, and Adweek
Nikhilesh De / CoinDesk:
Crypto lender Nexo aims to exit the US in the coming months; US users in eight states can no longer use its Earn Interest Product and signups are halted  —  Nexo will immediately suspend access to its Earn product in several U.S. states.  —  Crypto lender Nexo announced Monday …

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