Techmeme
March 4, 2023, 3:20 PM

Top News

Erin Woo / The Information:
Sources: after Twitter refused to pay its AWS bills for months, Amazon threatened in February to withhold payments for the ads it runs on Twitter  —  Elon Musk is running into an obstacle in his relentless drive to cut costs at Twitter: some of the same vendors that Twitter is squeezing to save money are also its advertising clients.
Wall Street Journal:
Sources: in an update to investors, Twitter reports a 40% YoY decline in both revenue and adjusted earnings for December 2022, as advertisers fled the company  —  The company recently made a first interest payment to banks that lent $13 billion to help pay for Elon Musk's buyout, people familiar with the matter said
Noah Bierman / Los Angeles Times:
San Jose-based Vintra, whose software is used by the IRS, police, and more, claims its “co-appearance” AI can mark interactions between people caught on camera  —  A gray-haired man walks through an office lobby holding a coffee cup, staring ahead as he passes the entryway.
Kif Leswing / CNBC:
Reid Hoffman leaves the nonprofit board of OpenAI, citing a desire to invest in companies using OpenAI's tech, which he says could cause a conflict of interest  —  - LinkedIn founder and Greylock partner Reid Hoffman is leaving the nonprofit board of OpenAI, he announced in a post on Friday.
Will Douglas Heaven / MIT Technology Review:
Q&A with OpenAI's Sandhini Agarwal, Liam Fedus, Jan Leike, and co-founder John Schulman on training ChatGPT, dealing with virality, fixing problems, and more  —  Exclusive conversations that take us behind the scenes of a cultural phenomenon.  —  When OpenAI launched ChatGPT …
Kate Park / TechCrunch:
Singapore-based e-commerce aggregator Una Brands raised a $30M pre-Series C, following a $30M Series B in September 2022, bringing its total funding to $100M+  —  Una Brands, a Singapore-based e-commerce aggregator, has raised $30 million in pre-Series C financing just five months after announcing …
CoinDesk:
Silvergate plans to discontinue its Silvergate Exchange Network, a 24/7 instant settlement service that its clients could use to move money to crypto exchanges  —  Crypto bank warned this week about its ability to remain in business.  —  Silvergate Bank, which warned this week about its ability …

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More News

Demetri Sevastopulo / Financial Times:
Financial Times:
Josh Eidelson / Bloomberg:
Forbes:

Earlier Picks

Annie Palmer / CNBC:
Erik Schatzker / Bloomberg: