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March 27, 2023, 2:30 AM
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| Daniel Taub / Bloomberg: |
First Citizens agrees to buy the commercial banking business of Silicon Valley Bank from the FDIC including all deposits and loans — First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.| New York Times: |
Filing: some Twitter source code was leaked by user “FreeSpeechEnthusiast” on GitHub, which removed the code to comply with Twitter's DMCA notice on March 24 — The leak adds to the challenges facing the Elon Musk-owned company, which is trying to unmask the person responsible and any other people who downloaded the code.| Mark Gurman / Bloomberg: |
Sources: Apple last week demoed its mixed reality headset, likely dubbed Reality Pro or Reality One, for its top ~100 executives, ahead of their annual offsite — Apple's push into mixed reality will take years to pay off, with the company hoping the device follows the same trajectory as its smartwatch.
More:
MacRumors, Android Authority, AppleInsider, AppleInsider, 9to5Mac, MacRumors, MacRumors, Wccftech, BigTechWire, Patently Apple, The Information, iThinkDifferent, iPhone Hacks, The Korea Times, AppleInsider, SlashGear, Yonhap News Agency, Philip Elmer‑DeWitt, Supercharged, Notebookcheck.net, and Neowin
| New York Times: |
Eight current and former Apple employees share their concerns about the upcoming MR headset's $3,000 price, its utility, and the unproven AR/VR market — The company is expected to unveil an augmented reality headset in a few months. Some employees wonder if the device makes sense for Apple.
More:
9to5Mac, AppleInsider, Digital Trends, PhoneArena, iPhone in Canada Blog, iThinkDifferent, iMore, The Verge, Philip Elmer‑DeWitt, KnowTechie, Wccftech, Bloomberg, iClarified, MacRumors, The Apple Post, Slashdot, and Daring Fireball
LinkedIn:
Neil Shah. Tweets:
@trippmickle, @yoda, @parkerortolani, @stevesi, @scobleizer, @anthony, @kt_so_it_goes, @scottnover, @benjysarlin, and @chrisfralic
| Erin Woo / The Information: |
Source: Elon Musk emailed Twitter employees offering stock grants at a ~$20B valuation, or 55% less than what he paid to buy the company — Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company.| Bloomberg: |
Sources: the Hong Kong arms of three Chinese state banks have reached out to offer services to crypto businesses in recent months, despite a mainland crypto ban — Crypto firms rushing into Hong Kong after the city opened its doors to the battered sector are finding a surprising source of potential support: China's state-owned banks.
More:
Cointelegraph, CoinGape, Forkast, Financial Times, and Politico
| Samriddhi Sakunia / Rest of World: |
After India's legal orders this week, Twitter blocked the tweets of 122 users, including reporters and politicians, from Indian users; it used to push back more — Last year, before Elon Musk took over as CEO, Twitter pushed back against such requests from the government. — • NEW DELHI, INDIA| Pranshu Verma / Washington Post: |
A mid-March Midjourney update seemingly fixed one of the AI image generator's major failings: its inability to depict lifelike human hands with five fingers — Improved AI image-making software churned out believable yet fictional images of former president Trump getting arrested
More:
Forbes. Tweets:
@heykahn, @michaeleaves, @glynmoody, @alistaircoleman, @washingtonpost, and @samgregory
| Financial Times: |
In his first visit since 2020, Tim Cook praises Apple's “symbiotic kind of relationship” with China, amid the company's moves to diversify from the country — Chief executive's visit comes despite rising trade and geopolitical tensions between Beijing and US
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The Register, Livemint, CNN, Pandaily, iLounge, Global Times, Korea Joongang Daily, Philip Elmer‑DeWitt, Patently Apple, 9to5Mac, AppleInsider, Fox Business, Wall Street Journal, Fortune Magazine on YouTube, iPhone in Canada Blog, news24.com, Agence France-Presse, and Deccan Herald
LinkedIn:
Nicoleta Sandu and Alfredo Montufar-Helu
Tweets:
@policytensor, @caleb5434, @niubi, @gutinikki7, @applecensorship, @fero_berlin, @matthewstoller, @niubi, and @thedragonfeeder
| ProPublica: |
A look at OBNBrandon, a prolific scammer in a booming community focused on banning influencers' accounts, mainly on Instagram, and extorting for “reactivation” — Just after midnight on Sept. 13, Kristian “Murda” Murphy was watching TV at home in Boca Raton, Florida, when his phone began buzzing.| Sarah E. Needleman / Wall Street Journal: |
A look at Modulate's ToxMod and other AI-based tools that help gaming companies moderate voice chats in online games, amid concerns of accuracy and user privacy — New artificial-intelligence tools can mute, ban players who violate conduct rules — In the videogame “Gun Raiders,” …
LinkedIn:
Rob Schoeppe. Tweets:
@saraheneedleman, @speechlyapi, @gunraidersvr, @saraheneedleman, @jeffjarvis, @pavtalk, and @wsj
| MacKenzie Sigalos / CNBC: |
A profile of Atlanta-based Yellow Card, Africa's largest centralized crypto exchange, which raised $57M and facilitated $1.75B in transactions since 2019 — - Yellow Card is the largest centralized cryptocurrency exchange in Africa. — For its nearly 1.4 million users across the continent …
More:
Cryptonews, Politico, and New York Post
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| Viola Zhou / Rest of World: |
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@restofworld, @mvzelenks, @restofworld, @cengizyar, @mikeelgan, @violazhouyi, @openbarllc, @anupkaphle, @restofworld, @restofworld, and @violazhouyi
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