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March 3, 2023, 12:50 PM
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memeorandum
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| Matt Day / Bloomberg: |
Amazon pauses second phase of construction of its HQ2 in Virginia as it reassesses office needs following its deepest-ever job cuts; phase one nears completion — Amazon.com Inc. is pausing construction on its sprawling second headquarters near Washington, a decision that coincides …
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Engadget, 9to5Mac, Financial Times, CNN, Gizmodo, GeekWire, Axios, Associated Press, CNBC, Washington Post, The Information, New York Times, Reuters, ARLnow.com, WRAL TechWire, and Technical.ly
Mastodon: @elkmovie@mastodon.social. Tweets: @mattmday, @eliotwb, @ylanmui, @danrshafer, @waltmossberg, @hshaban, @nkulw, @producercities, @karlbode, @sengianaris, @igorbobic, @pat_garofalo, @themaxburns, @biancoresearch, @danprimack, and @elwasson
| Bloomberg: |
Sources: Foxconn plans to invest ~$700M on a new plant to make iPhone parts on a 300-acre site in Bengaluru, India; the plant is expected to create 100K jobs — Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production …
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Reuters, Computerworld, 9to5Mac, SlashGear, Inc42 Media, MacDailyNews, TechCircle, Wall Street Journal, CNBC, The Apple Post, iThinkDifferent, Tech Xplore, International Business Times, iMore, Appuals.com, BGR, DigiTimes, Neowin, Tech in Asia, AppleInsider, Nikkei Asia, Patently Apple, and The Economic Times
Tweets: @economictimes, @peterzeihan, @akams_, @radcentrism, and @joshipralhad
| Axios: |
Sources: Founders Fund cut the size of its Fund VIII, which hasn't begun deploying capital, from ~$1.8B to ~$900M; the money will be pushed to its ninth fund — Founders Fund has quietly cut the size of its eighth venture capital fund in half, from around $1.8 billion to around $900 million, Axios has learned from multiple sources.
Tweets: @curiousjorge65, @immad, @danprimack, @cortessteve, @tmrohan, @pitdesi, @danprimack, and @danprimack
| Mitchell Clark / The Verge: |
Meta cuts the price of Quest Pro, its mixed and virtual reality headset focused on business users, from $1,500 to $1,000; 256GB Quest 2 drops from $500 to $430 — Mark Zuckerberg has announced that the Meta Quest Pro, the company's mixed and virtual reality headset focused on business users …
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UploadVR, CNET, meta.com, PCMag, Reuters, XDA Developers, Road to VR, Dexerto, Engadget, CNBC, Neowin, Android Central, KitGuru, Polygon, TechRadar, and Appuals.com
| Erik Schatzker / Bloomberg: |
Coinbase buys One River, a crypto asset management startup that serves only institutional clients such as pension funds; One River was valued at $186M in 2021 — Coinbase Global Inc., still reeling from a plunge in trading volume on its exchanges, is expanding into a less-volatile corner …
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CoinDesk, SiliconANGLE, Finextra, The Information, Reuters, The Block, crypto.news, Tech Startups, Cointelegraph, Cryptopolitan, Ethereum World News, and CoinGape
Tweets: @jeffjohnroberts, @muyaoshen, @longconvexity, and @kylesgibson
| New York Times: |
Few US lawmakers are taking action to regulate AI, as many struggle to understand the technology and its dangers, unlike the EU which proposed AI rules in 2021 — Tech innovations are again racing ahead of Washington's ability to regulate them, lawmakers and A.I. experts said.| Ivan Mehta / TechCrunch: |
Brave Search launches Summarizer, which provides a synopsis of search results for some queries using its own LLM trained to fight “unsubstantiated assertions” — It is raining AI-powered features all across search engines. Today, Brave Search launched a new “Summarizer” …
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BleepingComputer, Brave Browser, Search Engine Land, Metaverse Post, CNET, Phandroid, ZDNet, Silicon Republic, Digital Trends, gHacks Technology News, 9to5Mac, SlashGear, Thurrott, Neowin, MacRumors, and PCWorld. Tweets: @brave
| Washington Post: |
US civil liberties and digital rights groups are speaking out against calls to ban TikTok, arguing the move would violate users' First Amendment rights — Happy Thursday! If you've ever thought some people in Washington should be in straitjackets, well, I guess you got your wish.
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Gizmodo, The Guardian, gHacks Technology News, Agence France-Presse, Wall Street Journal, South China Morning Post, Tubefilter, The Information, Fortune, iPhone in Canada Blog, Infosecurity, and Music Ally
Mastodon: @drewharwell@mastodon.social. Tweets: @scottnover, @quirkygrrrl, @nash076, @ashgorski, @gpanger, @jameeljaffer, @evan_greer, @viacristiano, @digiphile, and @knightcolumbia
| Jeff Horwitz / Wall Street Journal: |
Meta plans to fully or partly implement 26 of 32 Oversight Board recommendations on the cross-check system, including producing regular transparency reports — Meta Platforms accepts most recommendations from its oversight board, but rejects key provisions| Mia Sato / The Verge: |
Memo: CNET EIC Connie Guglielmo, who defended CNET's use of AI tools, plans to step down to become Red Ventures' SVP of AI content strategy and editor-at-large — Following monthslong questions about how CNET uses artificial intelligence tools, longtime CNET editor-in-chief Connie Guglielmo …
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The Verge, Insider, Livemint, WRAL TechWire, The Desk, and Variety
Mastodon: @GossiTheDog@cyberplace.social, @caseynewton@mastodon.social, and @michellemanafy@journa.host
| Madhumita Murgia / Financial Times: |
Sources: Inflection AI, founded by LinkedIn's Reid Hoffman and DeepMind's Mustafa Suleyman, is in talks to raise up to $675M, after raising $225M in 2022 — DeepMind co-founder Mustafa Suleyman and LinkedIn Creator Reid Hoffman's start-up is building a personal assistant for the web| Amanda Darrach / Columbia Journalism Review: |
Q&A with former NYT photo editor Fred Ritchin on AI destroying the credibility of the photo, ensuring readers understand if an image is manipulated, and more — In recent years, artificial intelligence engineers have used millions of real photographs—taken by journalists all over the world …
Tweets: @vcaivano
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