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March 15, 2023, 4:15 PM
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| Wall Street Journal: |
As SVB collapsed, prominent investors, internet provocateurs, and others helped amplify US banking system concerns, creating the first “Twitter-fueled bank run” — Rapid spread of concerns prompts lawmaker to call it ‘Twitter-fueled bank run’ — The Collapse of Silicon Valley Bank: What You Need to Know
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Wall Street Journal, CNBC, VICE, and The Atlantic
Tweets:
@davidsacks, @emollick, @tracyalloway, @thestalwart, @davidsacks, @buccocapital, @emptywheel, @dsquareddigest, @bongcapital, @dsquareddigest, @htaneja, @georgemagnus1, @profkatejudge, @professorstam, @silvermanjacob, @mdudas, @conorsen, @adamsinger, @carnage4life, @martingtobias, @katie_roof, @karaswisher, @compound248, @billackman, @smtuffy, @georgia_wells, @nickdeiuliis, and @thestalwart
| Emily Flitter / New York Times: |
A profile of Tim Mayopoulos, who the FDIC named as Silicon Valley Bridge Bank's CEO and was Bank of America's general counsel during the 2008 financial crisis — The F.D.I.C. named Tim Mayopoulos as chief executive of Silicon Valley Bridge Bank. His job is to keep calm and carry on.
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Silicon Valley Bank, GeekWire, NBC News, Fast Company, AltFi, and Silicon Valley Business …
| Washington Post: |
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Bloomberg, GeekWire, The Hill, Noahpinion, Crypto Briefing, New York Times, Forbes, The Guardian, New York Times, Bloomberg, and Cointelegraph
LinkedIn:
Zach Butterworth, Mihaela Mandroiu, Dror Futter, Hans Stegeman, and Edward Ludlow
Tweets:
@gopmajoritywhip, @armanddoma, @novogratz, @patio11, @timothys, @smtuffy, @moorehn, @johnjharwood, @karaswisher, @stevedaniels27, @sarthakgh, @imillhiser, @jstein_wapo, and @emoltzen
| Maureen Farrell / New York Times: |
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TechCrunch, Wired, and Forbes
Tweets:
@flitteronfraud, @dannygroner, @dk_munro, @trippmickle, and @nytimes
| New York Times: |
How Apple's Siri, Amazon's Alexa, and Google's Assistant fell behind in the AI race despite a decade head start, hampered by clunky design and miscalculations — The virtual assistants had more than a decade to become indispensable. But they were hampered by clunky design and miscalculations, leaving room for chatbots to rise.
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MacRumors, Insider, T3, iThinkDifferent, Redmond Pie, MacStories, Near Media, 9to5Mac, iPhone in Canada Blog, Michael Tsai, iDownloadBlog.com, PCMag, BGR, and iPhone Hacks
LinkedIn:
Eric Cohen. Tweets:
@jakebackpack, @pblackshaw, @pt, @agreenberg, @shiraovide, and @cademetz
| Kyle Wiggers / TechCrunch: |
An interview with OpenAI co-founder Greg Brockman on GPT-4 being “different” to GPT-3, training on images and text, a “slow and intentional” rollout, and more — OpenAI shipped GPT-4 today, the much-anticipated text-generating AI model, and it's a curious piece of work.
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Wired, Associated Press, OpenAI on YouTube, Bloomberg, Metaverse Post, MakeUseOf, TechSpot, and TechNewsWorld
| Ingrid Lunden / TechCrunch: |
LinkedIn adds AI-powered writing suggestions, initially for writing profiles, using OpenAI's GPT-4, and for recruiters writing job descriptions, using GPT-3.5 — Earlier this month, when LinkedIn started seeding “AI-powered conversation starters” in people's news feeds to boost engagement on its platform … | Yusuf Mehdi / Bing Blogs: |
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Windows Central, Insider, MIT Technology Review, The Verge, TechCrunch, PYMNTS.com, New York Times, Thurrott, The Algorithmic Bridge, Axios, Engadget, Pricebaba.com Daily, Search Engine Roundtable, BigTechWire, International Business Times, Pocket-lint, ZDNet, BGR, Tech in Asia, Gizchina, WinBuzzer, MSPoweruser, Android Headlines, PCMag, TechCircle, RTÉ, MediaNama, Metaverse Post, KnowTechie, and DigitalKoans
LinkedIn:
Kevin Scott and James Creech
Tweets:
@jordirib1, @yusuf_i_mehdi, @joannastern, and @benedictevans
| Max Abelson / Bloomberg: |
How Signature Bank's big pivot to crypto led to the downfall of the once successful old-school lender that survived doing business with NYC cab owners and Trump — Signature Bank was flying high when co-founder Scott Shay mused about success on a podcast early last year.
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Bitcoin News, CoinDesk, Politico, Reuters, Forbes, Crypto Daily, The Block, Cryptonews, Cryptopolitan, and Inside Bitcoins
Tweets:
@felixsalmon, @felixsalmon, @maxabelson, @halsparks, @thorntonmcenery, @silviakillings, @tomgara, and @tina_davis
| Bloomberg: |
Sources: the US DOJ was investigating Signature Bank's crypto client work, including its money laundering detection efforts, before regulators seized the bank — US prosecutors were investigating Signature Bank's work with crypto clients before regulators suddenly seized the lender this past weekend …
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Wall Street Journal, The Hill, New York Post, Reuters, CryptoPotato, Cryptopolitan, PYMNTS.com, crypto.news, and Watcher Guru
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@amacker, @cryptadamist, @johnreedstark, @stephenpunwasi, and @mikulaja
| Sergiu Gatlan / BleepingComputer: |
Microsoft patches an Outlook zero-day, exploitable without user interaction, that the company says Russian hackers used to target European organizations in 2022 — Microsoft has patched an Outlook zero-day vulnerability (CVE-2023-23397) exploited by a hacking group linked …
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Microsoft Security Response Center, MDSec, Dark Reading, Krebs on Security, BleepingComputer, Forbes, CyberScoop, CNN, SecurityWeek, IT PRO, AskWoody, Naked Security, SC Media, The Register, and TechRadar
Tweets:
@cyb3rops, @seanwrightsec, and @seanwrightsec
| Gareth Vipers / Wall Street Journal: |
The FBI: US citizens lost $10.3B to online scammers in 2022, up from $6.9B in 2021, and crypto investment fraud losses hit $2.57B in 2022, up from $907M in 2021 — Cryptocurrency investment fraud nearly tripled in 2022 from the year before — Americans lost more than $10 billion …
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BleepingComputer, Engadget, Cybersecurity Dive, GovTech, TechSpot, GameSpot, and Tech Startups. Tweets:
@chrismessina
| Jon Porter / The Verge: |
Samsung responds to the controversy over moon photos taken by Galaxy phones, explaining its Scene Optimizer feature, its “AI deep learning model”, and more — The post's content isn't exactly new — it appears to be a lightly edited translation of an article posted in Korean last year … | Jonathan Stempel / Reuters: |
The US charges exiled Chinese businessman Guo Wengui with leading a conspiracy to defraud his online followers out of $1B+ and arrests him; the DOJ seizes $634M — The U.S. government on Wednesday charged exiled Chinese businessman Guo Wengui with fraud, accusing him of orchestrating …
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Department of Justice, Insider, CoinDesk, Bitcoinist.com, Associated Press, Wall Street Journal, abc7NY, U.S. Securities …, and Semafor
Tweets:
@sdnynews, @seth_hettena, @seth_hettena, @mattgertz, @jasonleopold, @jayshams, @metzgov, @w7voa, @dfriedman33, @w7voa, and @silvermanjacob
| Kyle Bradshaw / 9to5Google: |
Google discontinues its Glass Enterprise Edition 2 and plans to support the headset until September 15, 2023; existing devices and apps will continue to work — Google has announced today that it will no longer be selling its Glass Enterprise Edition 2 headsets, with support set to be discontinued later this year.| Jamie Crawley / CoinDesk: |
Germany and US authorities seize up to €44M from ChipMixer and shut down its crypto mixer, alleging the service enabled the laundering of 152K BTC since 2017 — National authorities took down the platform's infrastructure, seizing four servers and 7 terabytes of data.| Umar Shakir / The Verge: |
Zipline unveils Platform 2 Zip, a drone that can do a 10-mile delivery in 10 minutes to small landing zones via a tethered “delivery droid” from up to 300 feet — Zipline is revealing its new drone delivery platform today that the company says is capable of making a 10-mile delivery …
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TechCrunch, Engadget, PCMag, CNBC, CNET, Zipline, Bloomberg, Tech Xplore, and Financial Times
| Paul Murray / New York Magazine: |
A journey into Meta's Horizon Worlds to find friends and metaverse true believers, raising questions about Zuckerberg's vision of the internet's next iteration — In September, my family and I move from our home in Dublin to a fancy East Coast college town, where I'll be teaching for the semester.
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Financial Times, CNN, Barron's Online, and crypto.news
| Reuters: |
Samsung Electronics plans to invest ~$230B through 2042 to build what South Korea calls the world's largest chipmaking base, including five chip factories — South Korean tech giant Samsung Electronics (005930.KS) expects to invest $230 billion over the next 20 years to develop …
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Nikkei Asia, BBC, TechCrunch, AnandTech, CNBC, Associated Press, TechPowerUp, Android Headlines, RCR Wireless News, Tech Monitor, SamMobile, gHacks Technology News, WRAL TechWire, and The Register
Tweets:
@robertalanward, @jeff4malaysia, and @dnystedt
| Joanna Stern / Wall Street Journal: |
Inside the iPhone refurbishment process at New Jersey-based US Mobile Phones, from trade-in to refurbish to resale; Apple devices dominate consumer trade-ins — When you trade in a smartphone, here's how it gets refurbished and makes companies money| Financial Times: |
PwC partners with AI startup Harvey to launch a chatbot experiment for its 4,000 lawyers, built using OpenAI's GPT-4, as law firms rush to find ways to adopt AI — Technology from start-up Harvey aims to make contract analysis and due diligence quicker — PwC has announced a chatbot experiment …
More:
Insider, Reuters, SiliconANGLE, Bloomberg, and PwC
| Bloomberg: |
Sources: Abu Dhabi-based G42 bought a $100M+ ByteDance stake at a ~$220B valuation, down from $300B set in a recent share buyback, as the US weighs a TikTok ban — ByteDance Ltd. was valued at around $220 billion in a recent private-market investment by Abu Dhabi AI firm G42 …
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PingWest, CNBC, International Business Times, and Tech Startups
| Bloomberg: |
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The Hill, Tech Xplore, Gizmodo, PetaPixel, and gHacks Technology News
Tweets:
@bobbyallyn, @jesselehrich, @adamkovac, and @scott_mcmaster
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