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March 14, 2023, 12:50 PM
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memeorandum
WeSmirchTop News
| 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, New York Times, The Verge, Road to VR, CRN, Ars Technica, USA Today, Game Developer, Financial Times, CNN, PCWorld, Thurrott, Silicon Valley Business …, San Francisco Business Journal, Insider, Silicon Republic, Gizmodo, New York Post, Axios, PCMag, RTÉ, NBC News, The Information, Business Post, AppleInsider, The Hill, The Guardian, CNBC, Reuters, Engadget, Bloomberg, Los Angeles Times, Barron's Online, Livemint, TIME, TechCircle, Neowin, Eurogamer.net, Deadline, Quartz, PetaPixel, WRAL TechWire, SlashGear, Tech in Asia, Tech Startups, Newser, Variety, Mashable, Wall Street Journal, Moneycontrol, The Wrap, Investor's Business Daily, The Hollywood Reporter, and Semafor
Mastodon:
@GossiTheDog@cyberplace.social. Tweets:
@gergelyorosz, @gergelyorosz, @laurengoode, @leanderalphabet, @modestproposal1, @jason, @modestproposal1, @modestproposal1, @modestproposal1, @kurtwagner8, @modestproposal1, @lordravenscraft, @newschambers, @jimcramer, @jason, @jason_kint, @jason_kint, @eric_seufert, @jamesrbuk, @joshkraushaar, @keithboykin, @jetscott, @martinsfp, @danielbzhao, @borrowed_ideas, @silviakillings, @carlquintanilla, @gurgavin, @thebradluck, @ulonnaya, @altcap, @samro, @unusual_whales, @alexjamesfitz, @divestech, @alexeheath, @jesskellynt, @agarfinks, @modestproposal1, @realkylemorris, and @carlquintanilla. 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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The Verge, Reuters, TechCrunch, Web3 is Going Just Great, Engadget, Gizmodo, Cointelegraph, Micky, PetaPixel, Cryptonews, SiliconANGLE, Crowdfund Insider, Silicon Republic, CoinGape, gHacks Technology News, Bitcoinist.com, and TechCircle
Tweets:
@skasriel, @dave_krugman, @skasriel, @skasriel, @skasriel, @jackbutcher, @punk9059, @smdiehl, @wongmjane, @tomfgoodwin, @pixiekate13, @farokh, @samsantala, @tomwarren, @pixiekate13, and @mgsiegler
| James Vincent / The Verge: |
Google announces AI-powered features for Docs, Gmail, Sheets, Slides, and other Workspace apps, helping users generate text, summarize topics, 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.
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The Keyword, Google Workspace Blog, TechCrunch, BetaNews, Engadget, CNET, 9to5Google, Search Engine Land, CRN, PCWorld, Thurrott, Gizmodo, NBC News, SiliconANGLE, Washington Post, Neowin, MobileSyrup, Wccftech, and Axios
Tweets:
@simonw, @transitive_bs, @yitayml, @benbajarin, @googleworkspace, @adrianweckler, @devrelcallum, @adrianweckler, @tomwarren, @google, and @jjvincent
| James Vincent / The Verge: |
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Livemint, Tech Monitor, Google Developers Blog, TechCrunch, TechSpot, and Search Engine Journal
Tweets:
@sundarpichai, @googleai, @marie_haynes, @alphasignalai, and @bentossell
| Natasha Mascarenhas / TechCrunch: |
Email: SVB's new CEO Tim Mayopoulos says SVB NA, a new, FDIC-run “bridge-bank” with deposits protected by the FDIC, is “open and conducting business as usual” — The former Fannie Mae exec says new deposits will be protected by the FDIC
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FDIC, Silicon Valley Business …, The Information, Reuters, Gizmodo, Marketplace, New York Post, and gHacks Technology News
Tweets:
@msuster, @msuster, @priyanshi50, and @nmasc_
| David Enrich / New York Times: |
Signature's and SVB's collapse was aided by GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed for by SVB executives — Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
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The Intercept, CNBC, Bloomberg, Fortune, PYMNTS.com, Wall Street Journal, Bloomberg, The Atlantic, CNN, Wccftech, The Hill, Watcher Guru, New York Times, Coinpedia Fintech News, Lucky Trader, and Crypto Daily
Mastodon:
@mekkaokereke@hachyderm.io and @darius@friend.camp
Tweets:
@nic__carter, @stevenkelly49, @josephzeballos, @jayparsons, @joebiden, @loganbartlett, @rokhanna, @benedictevans, @dsquareddigest, @bobbybigwheel, @stevenzzhou, @joenbc, @unusual_whales, @frognews, @davidsirota, @tphillips, @mikiebarb, @jstein_wapo, @andrewrestuccia, @keitholbermann, @eliotwb, @bykowicz, @sullycnbc, @tristansnell, @markmobility, @davidenrich, @rebeccaballhaus, @liz_franczak, @bykowicz, @kenklippenstein, @markfollman, @deitaone, @stevenkelly49, and @thestalwart
| Andrew Ackerman / Wall Street Journal: |
Sources: the FDIC is planning another SVB auction, after failing to find a suitor on March 12; at least one offer had been made, which 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| Iain Withers / Reuters: |
More:
Board of Governors …, Sifted, Financial Times, TechCrunch, HSBC, Blockonomi, and Bitcoin News
Tweets:
@jeremy_hunt, @cetier1, and @hmtreasury
| Platformer: |
Sources: Microsoft laid off one of its responsible AI teams that was tasked with assessing the risks associated with integrating OpenAI's tech into its products — As the company accelerates its push into AI products, the ethics and society team is gone — I.| Kim Mackrael / Wall Street Journal: |
Microsoft signs a 10-year deal with Boosteroid to distribute Call of Duty if the Activision deal is approved, the third such deal; Boosteroid has ~4M users — Agreement is part of push to convince regulators that the planned $75 billion acquisition won't harm the videogame industry
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Microsoft, Thurrott, TechCrunch, GamesIndustry.biz, Bloomberg, 9to5Google, Game Developer, Windows Central, Reuters, The Verge, Neowin, Game Rant, Kotaku, Eurogamer.net, TechSpot, Gameranx, GameSpot, FOSS Patents, TrueAchievements, MSPoweruser, Pure Xbox, OnMSFT.com, Video Games Chronicle, and Wccftech
Tweets:
@koreaxboxnews, @fedorovmykhailo, @tomwarren, and @bradsmi
| Reuters: |
Sources and documents: India plans to force smartphone makers to let users remove pre-loaded apps and will mandate screening 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, Android Authority, TechRadar, Android Police, and Sammy Fans
Tweets:
@adityakalra, @eric_seufert, @adityakalra, @munsifv, @ahmermkhan, @munsifv, @munsifv, and @adityakalra
| 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, TechCrunch, Appleosophy, The Verge, Engadget, AppleInsider, Neowin, iClarified, SlashGear, The Apple Post, BGR, and Cult of Mac. 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, @newmoneyreview, @sgtskill, @scupytrooples, and @ldrogen
| Alexander Osipovich / Wall Street Journal: |
More:
Inside Bitcoins, Blockworks, Bitcoin News, Bitcoinist.com, and crypto.news
Tweets:
@fintechfrank, @poordart, @fatmanterra, @autismcapital, @allyversprille, @mdudas, @tier10k, and @molly0xfff
| 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, DCD, Engadget, GeekWire, TechCrunch, CNET, Bloomberg, CNBC, and CircleID
Tweets:
@iron_man_actual and @ajassy
| 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.| William Shaw / Bloomberg: |
UK bank NatWest restricts transfers to crypto exchanges to £1,000 per day and £5,000 per month, citing a rise in scams, after similar moves by Lloyds and HSBC — NatWest Group Plc has restricted customers' crypto activity, becoming the latest UK bank to put limits on the volatile asset class.| 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, MakeUseOf, The Road to AI We Can Trust, and Computerworld
Tweets:
@theatlantic, @washingtonpost, @shiraovide, @willoremus, @irannewsnow, and @neilturkewitz
| 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.| Cristina Criddle / Financial Times: |
Sources: multiple women accuse TikTok of mishandling sexual harassment allegations against London-based former executive Steve Ware, a pattern at the company — Woman's employment contract terminated after internal probe into complaint about advances made by senior manager
More:
TechCrunch. Tweets:
@madhumita29, @cristinacriddle, @cristinacriddle, @cristinacriddle, @cristinacriddle, and @muradahmed
| Janko Roettgers / The Verge: |
A look at the shift to the ATSC 3.0 TV broadcast standard, still not available in many major markets since its 2017 launch, as free streaming TV channels surge — Antenna television is back. In recent years, millions of cord-cutters have rediscovered antennas as a reliable … | Aisha Malik / TechCrunch: |
TikTok adds a STEM content feed alongside the Following and For You feeds, rolling out to US users in the coming weeks, as part of an ongoing topic feeds test — TikTok is introducing a new feed dedicated to STEM content in honor of Pi Day, the company announced on Tuesday.| 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 … | Kate Clark / The Information: |
More:
Tech in Asia. Tweets:
@fendien, @kateclarktweets, @pt, @brianbrackeen, @carnage4life, @yuris, @madhavchanchani, and @umangdua
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