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March 20, 2023, 2:00 PM
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| Annie Palmer / CNBC: |
Andy Jassy says Amazon plans to lay off an additional 9,000 employees, mostly in AWS, PXT, Advertising, and Twitch, after cutting 18,000 jobs in January — - Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday.
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| Tim Bradshaw / Financial Times: |
Microsoft plans to launch a mobile app store for games as soon as 2024 if the Activision bid is cleared and the EU's DMA rules for app stores come into effect — Xbox boss Phil Spencer says store could launch as soon as next year if regulators clear Activision Blizzard deal
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| ABC News: |
An interview with Sam Altman on OpenAI's GPT-4, how “people should be happy” that OpenAI is a “little bit scared of” its tools, misinformation, rivals, and more — “This will be the greatest technology humanity has yet developed,” he said. — OpenAI CEO Sam Altman speaks with ABC News, Mar. 15, 2023.
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| Carol E. Lee / NBC News: |
Source: in his upcoming testimony to Congress on March 23, TikTok CEO Shou Zi Chew plans to reveal TikTok has 150M MAUs in the US, up from 100M in August 2020 — When TikTok CEO Shou Zi Chew testifies before Congress on Thursday, he plans to unveil new internal data that suggests …
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| Pete Schroeder / Reuters: |
The FDIC plans to sell all of Signature Bank's 40 branches to Flagstar Bank, as well as some Signature loans and deposits not in its digital banking business — A subsidiary of New York Community Bancorp (NYCB.N) has entered into an agreement with U.S. regulators to purchase deposits and loans …
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Michael Farrell, Susan Baker, and Caitlin Long
Tweets:
@fdicgov, @mikeburgersburg, @mattgoldstein26, @panekkkk, @josephpolitano, @mayazi, @tphillips, @davidfbailey, @adamscochran, @frances_coppola, @josephpolitano, @jcoviedo6, @jcoviedo6, @jasoncoombsceo, @rachelensignwsj, @eddyelfenbein, @collins_belton, @kfile, @iron_man_actual, and @davecbenoit
| Manya Saini / Reuters: |
The FDIC plans to break up SVB and hold an auction for its traditional deposits unit and another for its private bank, after failing to find a buyer last week — The Federal Deposit Insurance Corporation on Monday decided to break up Silicon Valley Bank (SVB) and hold two separate auctions … | Rachel Metz / Bloomberg: |
Runway, which helped create Stable Diffusion, announces its Gen 2 system to generate three second snippets of video from prompt words, available via a waitlist — Artificial intelligence has made remarkable progress with still images. For months, services like Dall-E and Stable Diffusion …
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| Matina Stevis-Gridneff / New York Times: |
Sources: in 2021, the phone of a US and Greek national who worked on Meta's security and trust team was infected with Predator spyware from an Athens-based firm — Artemis Seaford, a dual U.S.-Greek national, was targeted with a cyberespionage tool while also under a wiretap by the Greek spy agency …
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@jsrailton, @artemisseaford, @runasand, @citizenlab, @matinastevis, @e_triantafillou, and @avischarf
| Matt Burgess / Wired: |
How open-source intelligence, or OSINT, researchers are using public data to untangle the mystery of the Nord Stream pipeline sabotage, helping to debunk claims — Open source intelligence researchers are verifying and debunking opaque claims about who ruptured the gas pipelines in the Baltic Sea.| Aisha Malik / TechCrunch: |
Netflix plans to launch 40 games in 2023 and has a further 70 in development, after releasing 55 titles since adding games in November 2021 — Netflix has announced that it has 40 games slated for launch this year and has 70 in development with its partners.| Josh Sisco / Politico: |
Sources detail the FTC's pursuit of Amazon: possibly suing to stop the $1.7B iRobot acquisition, a retail antitrust case, a dark pattern investigation, and more — The Biden administration is planning to take action soon on at least three of its half-dozen investigations of Amazon …
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The Verge
| Lucas Shaw / Bloomberg: |
Sources: Netflix's ad-supported tier reached ~1M MAUs in the US after its second month, and the company fulfilled its forecasted deliveries to advertisers — Good afternoon from Los Angeles. It's good to be home and I hope your March Madness bracket is doing better than mine.
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Digiday, The Verge, Gizmodo, BGR, The Streamable, iPhone in Canada Blog, gHacks Technology News, and GameSpot
LinkedIn:
Lucas Shaw. Tweets:
@lucas_shaw, @lucas_shaw, @davemorgannyc, @trengriffin, @trengriffin, and @lucas_shaw
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