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January 7, 2023, 4:55 PM
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Top News

Aaron Holmes / The Information:
Sources: Microsoft is working on incorporating existing and future versions of OpenAI's GPT in Word, PowerPoint, Outlook, and other productivity apps  —  In a move that could change how more than a billion people write documents, presentations and emails, Microsoft has discussed incorporating …
Bloomberg:
Sources: the SEC and EDNY are scrutinizing transfers between DCG and the lending arm of its subsidiary Genesis; the probes have not accused DCG of wrongdoing  —  US authorities are digging into the internal financial dealings of Barry Silbert's expansive crypto empire, according to people familiar with the matter.
Tony Ho Tran / The Daily Beast:
GPTZero, an app made by a Princeton student to detect if an academic essay was written by a human or by OpenAI's ChatGPT, goes viral  —  “Humans deserve to know when the writing isn't human.”  —  Deputy Editor, Innovation & Tech … Edward Tian was fast asleep when his bot broke a website.
Reuters:
China's Ant Group says founder Jack Ma will give up control of the fintech giant as it nears the completion of its two-year regulatory-driven restructuring  —  China's Ant Group said on Saturday that its founder Jack Ma no longer controls the Chinese fintech giant after a series …
New York Times:
PitchBook: in 2022, investors pumped $1.37B+ into generative AI companies across 78 deals, almost as much as the investment in the previous five years combined  —  An investment frenzy over “generative artificial intelligence” has gripped Silicon Valley, as tools that generate text …
Andy Greenberg / Wired:
Mandiant: Russian cyberespionage group Turla piggybacked on other hackers' decade-old malware that spread via USB drives to stealthily access victim networks  —  The infamous, FSB-connected Turla group took over other hackers' servers, exploiting their USB drive malware for targeted espionage.
Kylie Robison / Fortune:
Sources: some former US Twitter employees finally received their severance agreements, offering only one month of base pay as severance and no prorated bonuses  —  Following further delays this week, some former Twitter employees finally received their official severance agreements on Saturday …
Mitchell Clark / The Verge:
Kuo: Apple canceled its fourth gen iPhone SE, in which it planned to debut its own 5G modem; the cancelation could be due to poor sales of mid-to-low-end phones  —  On Friday, Kuo wrote in a blog post that Apple had canceled production and shipment plans for the phone after his prediction …
Eric Slivka / MacRumors:
Kuo: due to development issues, Apple is “more likely” to debut its mixed-reality headset in the spring or at WWDC 2023, not January as previously predicted
Parmy Olson / Bloomberg:
Irish DPC's €390M Meta fine, issued at the behest of European Data Protection Board, is a harbinger of how EU may crack down on Big Tech in the next two years  —  Meta Platforms Inc. is used to batting away the occasional fine from European regulators as a cost of doing business.
Jennifer Maas / Variety:
Roku reports ending 2022 with more than 70M accounts globally, up 16.5% from the end of 2021, and says streaming hours grew 19% YoY to 87.4B in 2022  —  The customer total was up 16.5% from the end of 2021, when Roku totaled 60.1 million global accounts.  —  Per Roku, streaming hours reached …
Sam Sutton / Politico:
The SEC is readying a rule, which may be finalized as soon as Q1 2023, to make it easier for investors to sue VCs for bad behavior, negligence, or recklessness  —  After being battered by rising interest rates and choppy markets, the venture capital industry is sweating new regulations that could expose fund managers to legal risks.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:55 PM ET, January 7, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Wall Street Journal:
WBD adds Anton Levy, former co-president of PE firm General Atlantic, to its board, a source says due to pressure from activist shareholder Sessa Capital

Bailey Lipschultz / Bloomberg:
Newsmax shares jumped as much as 667% in their NYSE debut after raising $75M in its IPO

Megan Graham / Wall Street Journal:
Yahoo hires Josh Line, who was most recently Paramount Global's chief brand officer, as its CMO to revive its brand as “one of the OGs of the internet”

More News

Bloomberg:
Some companies are taking a liberal interpretation of California's pay transparency law with wide pay ranges; one Netflix job posting has a $90K-$900K pay range
Cheyenne Ligon / CoinDesk:
An Ohio man pleads guilty to stealing 712+ bitcoins seized by the IRS in a case against his brother, who was convicted of running money laundering service Helix

Earlier Picks

Thomas Brewster / Forbes:
Researchers: cybercriminals have started using ChatGPT to create hacking tools and AI-generated malware code, and are testing the tool for dating scam chatbots
CNBC:
Samsung estimates that its Q4 operating profit fell by 69% YoY to ~$3.37B, an eight-year low, citing a greater-than-expected decline in memory chip demand
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