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March 14, 2023, 2:20 PM
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memeorandum
WeSmirchTop News
| OpenAI: |
OpenAI debuts GPT-4, claiming the model “surpasses ChatGPT in its advanced reasoning capabilities”, available in ChatGPT Plus and its API, which has a waitlist — Following the research path from GPT, GPT-2, and GPT-3, our deep learning approach leverages more data and more computation …
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OpenAI, New York Times, VentureBeat, CNET, Bloomberg, MarkTechPost, NBC News, Engadget, Washington Post, The Verge, Axios, OpenAI, Insider, OpenAI on YouTube, BigTechWire, Watcher Guru, and gHacks Technology News
LinkedIn:
Vin Vashishta and Dazza Greenwood
| Yusuf Mehdi / Bing Blogs: |
Microsoft says the new Bing is “running on GPT-4, which we've customized for search” — Congratulations to our partners at Open AI for their release of GPT-4 today. — We are happy to confirm that the new Bing is running on GPT-4, customized for search.
More:
TechCrunch, Reuters, The Information, 9to5Google, The Verge, CNBC, Search Engine Journal, BigTechWire, and Pureinfotech
| TechCrunch: |
Mark Zuckerberg says Meta plans to cut another 10,000 jobs and withdraw around 5,000 open roles, just four months after cutting 11,000 jobs — Meta plans to cut its workforce by another 10,000 people and withdraw around 5,000 open roles that it had yet to fill, company co-founder …
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Meta, BBC, PCMag, New York Times, Reuters, Watcher Guru, The Register, Financial Times, PYMNTS.com, NPR, Computerworld, International Business Times, GeekWire, Road to VR, Ars Technica, CRN, USA Today, Game Developer, PCWorld, Axios, Insider, Silicon Valley Business …, San Francisco Business Journal, CNBC, Bloomberg, Livemint, Silicon Republic, Associated Press, Gizmodo, New York Post, Los Angeles Times, RTÉ, PC Gamer, MobileSyrup, NBC News, The Information, AppleInsider, The Guardian, Business Post, TIME, The Hill, TechCircle, Tech Xplore, BGR, The Economic Times, Engadget, Eurogamer.net, Bloomberg, Quartz, PetaPixel, Barron's Online, Neowin, WRAL TechWire, Variety, SlashGear, Investor's Business Daily, Deadline, Wall Street Journal, Moneycontrol, The Wrap, The Hollywood Reporter, Newser, and Tech Startups
LinkedIn:
Clinton McKellar and Marina Koytcheva
Tweets:
@modestproposal1, @gergelyorosz, @gergelyorosz, @laurengoode, @leanderalphabet, @modestproposal1, @jason, @modestproposal1, @modestproposal1, @modestproposal1, @kurtwagner8, @lordravenscraft, @newschambers, @jimcramer, @jason, @jason_kint, @jason_kint, @borrowed_ideas, @silviakillings, @jetscott, @carlquintanilla, @gurgavin, @thebradluck, @ulonnaya, @altcap, @samro, @jamesrbuk, @unusual_whales, @alexjamesfitz, @keithboykin, and @divestech. Facebook:
Mark Zuckerberg
| Adam Morgan McCarthy / The Block: |
Meta plans to wind down its work on NFTs “for now” to focus on other ways of supporting creators and will continue working on Meta Pay — - Meta is ditching its NFT efforts, for now, according to executive Stephane Kasriel. — Meta is ditching its pursuit of NFTs as the company looks …
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Reuters, nft now, TechCrunch, Web3 is Going Just Great, Engadget, Thurrott, Gizmodo, Crypto Daily, Cointelegraph, Micky, Cryptonews, PetaPixel, Silicon Republic, and gHacks Technology News
LinkedIn:
LinkedIn and Kareem Bayoun
Tweets:
@skasriel, @dave_krugman, @skasriel, @skasriel, @skasriel, @punk9059, @smdiehl, @jackbutcher, @tomfgoodwin, and @samsantala
| James Vincent / The Verge: |
Google unveils generative AI features for Docs, Gmail, Sheets, Slides, and other Workspace apps, helping users write text, summarize content, and create images — Google has announced a suite of upcoming generative AI features for its various Workspace apps, including Google Docs, Gmail, Sheets, and Slides.
More:
The Keyword, Google Workspace Blog, Thurrott, Windows Central, Silicon Republic, TechCrunch, Android Authority, Livemint, BetaNews, Engadget, CNBC, CNET, 9to5Google, Search Engine Land, CRN, PCWorld, Fast Company, Digital Trends, Gizmodo, Mashable, Voicebot.ai, BGR, SlashGear, BigTechWire, Chrome Unboxed, Washington Post, SiliconANGLE, MobileSyrup, Neowin, and Axios
Tweets:
@simonw, @transitive_bs, @yitayml, @googleworkspace, @adrianweckler, @devrelcallum, @adrianweckler, and @benbajarin
| James Vincent / The Verge: |
More:
Livemint, Google Developers Blog, VentureBeat, Tech Monitor, BigTechWire, TechSpot, TechCrunch, and Search Engine Journal
Tweets:
@sundarpichai and @googleai
| David Enrich / New York Times: |
Signature's and SVB's collapse follow GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed by executives at both banks — Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
More:
The Intercept, Bloomberg, CNBC, Fortune, Wall Street Journal, PYMNTS.com, Bloomberg, CNN, Politico, CoinGape, The Atlantic, Watcher Guru, Coinpedia Fintech News, Lucky Trader, and New York Times
LinkedIn:
Herb Greenberg, Ethan Evans, Will Paige, Julia Caesar, and Naira J.. Mastodon:
@darius@friend.camp
Tweets:
@nic__carter, @stevenkelly49, @josephzeballos, @jayparsons, @joebiden, @rokhanna, @bobbybigwheel, @stevenzzhou, @joenbc, @benedictevans, @unusual_whales, @frognews, @davidsirota, @tphillips, @mikiebarb, @jstein_wapo, @andrewrestuccia, @keitholbermann, @dsquareddigest, @eliotwb, and @bykowicz
| Andrew Ackerman / Wall Street Journal: |
Sources: the FDIC is planning another auction of SVB, after failing to find a suitor on March 12; at least one offer had been made but was rejected by the FDIC — Auction comes after failed attempt to find suitor on Sunday — The Collapse of Silicon Valley Bank: What You Need to Know| Natasha Mascarenhas / TechCrunch: |
Email: SVB's new CEO Tim Mayopoulos says SVB N.A., a “bridge-bank” that the FDIC operates and protects all deposits, is “open and conducting business as usual” — The former Fannie Mae exec says new deposits will be protected by the FDIC
More:
FDIC, Silicon Valley Business …, Bloomberg, Reuters, The Information, CNBC, Gizmodo, Marketplace, gHacks Technology News, and New York Post
Tweets:
@msuster, @msuster, @priyanshi50, and @nmasc_
| Iain Withers / Reuters: |
More:
Board of Governors …, Bloomberg, Sifted, Financial Times, TechCrunch, and Blockonomi
Tweets:
@jeremy_hunt, @cetier1, and @hmtreasury
| Platformer: |
Sources: Microsoft laid off one of its responsible AI teams that was tasked with identifying the risks of integrating OpenAI's tech into its suite of products — As the company accelerates its push into AI products, the ethics and society team is gone — I.
More:
TechCrunch, Fortune, Windows Central, Gizmodo, MobileSyrup, WinBuzzer, Smoking Robot, TechPowerUp, and MSPoweruser
| Kim Mackrael / Wall Street Journal: |
Microsoft signs a 10-year deal with cloud gaming startup Boosteroid to distribute Call of Duty games if the Activision bid is approved; Boosteroid has ~4M users — Agreement is part of push to convince regulators that the planned $75 billion acquisition won't harm the videogame industry
More:
Microsoft, The Verge, TechCrunch, Thurrott, Engadget, Bloomberg, Windows Central, Associated Press, Game Developer, Reuters, 9to5Google, TheGamer, Neowin, BigTechWire, Game Rant, Kotaku, Eurogamer.net, KitGuru, TechSpot, Gameranx, GameSpot, and Wccftech
Tweets:
@koreaxboxnews, @fedorovmykhailo, and @tomwarren
| Reuters: |
Sources and documents: India plans to force smartphone makers to allow removing pre-installed apps and mandate screening major OS updates via new security rules — India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system …
More:
Apple Must, AppleInsider, Neowin, MacRumors, Inc42 Media, and TechRadar
Tweets:
@adityakalra, @eric_seufert, @adityakalra, @munsifv, @ahmermkhan, @munsifv, and @munsifv
| Emma Roth / The Verge: |
Amazon reveals a range of consumer terminals that connect to Project Kuiper, starting at under $400, and now plans to launch the first satellites in H1 2024 — Amazon has revealed a range of customer terminals that connect to its broadband satellite network, Project Kuiper.
More:
About Amazon, Engadget, GeekWire, CNBC, TechCrunch, CNET, Bloomberg, SlashGear, BGR, RCR Wireless News, and CircleID
Tweets:
@iron_man_actual and @ajassy
| Joe Rossignol / MacRumors: |
Apple announces Shop With a Specialist Over Video, a live video session available from 7am to 7pm PT on its website for US customers looking to buy an iPhone — Apple today announced that customers in the U.S. can now connect with an Apple Specialist over a live video session while shopping for an iPhone on the company's online store.
More:
Apple, Appleosophy, The Verge, Engadget, AppleInsider, Tom's Guide, Neowin, iPhone Hacks, BigTechWire, iDownloadBlog.com, iClarified, SlashGear, and BGR. Mastodon:
@theromit@mastodon.online
| Bloomberg: |
Source: US prosecutors are scrutinizing Telegram group chats between Jump, Jane Street, and Alameda employees in May 2022 over the TerraUSD stablecoin collapse — US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group …
More:
Bloomberg Law. Tweets:
@tier10k, @yueqi_yang, @mjpldn, @smdiehl, @theskyhopper, @yueqi_yang, @tier10k, and @newmoneyreview
| Alexander Osipovich / Wall Street Journal: |
More:
Crypto Daily, Cryptopolitan, Inside Bitcoins, Bitcoin News, and crypto.news
Tweets:
@fintechfrank, @poordart, @fatmanterra, and @autismcapital
| Rachel Metz / Bloomberg: |
Anthropic, co-founded by ex-OpenAI employees, debuts Claude, a ChatGPT rival it says is less likely to produce harmful outputs; organizations can request access — Anthropic, an artificial-intelligence startup, is making its rival chatbot to OpenAI's popular ChatGPT available to businesses that want to add it to their products.| Emily Nicolle / Bloomberg: |
Binance suspends UK deposit and withdrawal services via bank transfers and card payments after its local banking partner Paysafe stopped supporting UK pounds — Binance Holdings Ltd., the world's largest crypto exchange, is suspending deposit and withdrawal services via bank transfers …
More:
Decrypt, Finextra, Gizmodo, Inside Bitcoins, Crypto Briefing, and CoinGeek
| Tom Warren / The Verge: |
Microsoft plans to add 3D avatars for all Teams users in May 2023, after announcing the feature in 2021 and testing the functionality privately in recent months — Microsoft originally announced the avatars feature in 2021 and has been testing it privately in recent months.| Rest of World: |
An in-depth look at tech's terrible 2022 in numbers: VC deal value down 38%, IPOs falling, an 85% drop in new unicorns, layoffs impacting 280,000+, and more — Reduced investment and large-scale layoffs have created dark times for tech globally. — In March 2022, the future of Muni, a Colombian e-commerce startup, looked bright.| Mark Gurman / Bloomberg: |
Sources: Apple delays employee bonuses for some teams as it moves to once-a-year payouts, expands its hiring slowdown, keeps more positions open, curbs travel — Apple Inc. is delaying bonuses for some corporate divisions and expanding a cost-cutting effort, joining Silicon Valley peers …
Tweets:
@markgurman
| Will Oremus / Washington Post: |
Experts say that, in the short term, the promise and perils of generative AI may be more modest than the headlines about tools like ChatGPT makes them seem — Hype and fear collide in the tech industry's latest boom — If you listen to its boosters, artificial intelligence is poised …
More:
The Atlantic, Tech Xplore, Watcher Guru, The Road to AI We Can Trust, and MakeUseOf
Tweets:
@theatlantic, @washingtonpost, @shiraovide, @willoremus, @irannewsnow, and @neilturkewitz
| Natasha Mascarenhas / TechCrunch: |
Y Combinator scales back its late stage team, laying off 17 employees, or ~20% of YC staff, calling late stage investing a “distraction from our core mission” — Y Combinator will be writing less checks toward late-stage companies, a scale back that also cost 17 team members …
More:
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The Register, Reuters, CalMatters, Tech Xplore, Barron's Online, BBC, CNBC, WRAL TechWire, Coinspeaker, and PYMNTS.com. Tweets:
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