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March 27, 2023, 10:30 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.
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FDIC, TechCrunch, Associated Press, Axios, Associated Press, Watcher Guru, News Release Archive, Reuters, Cointelegraph, PitchBook, CNBC, New York Times, Financial Times, Cryptopolitan, Washington Post, WRAL TechWire, ExchangeWire.com, CoinDesk, GeekWire, Bitcoinist.com, Coinspeaker, The Information, Livemint, and The Verge
Tweets:
@fdicgov, @business, @washingtonpost, @danprimack, @matthewstoller, @firstcitizens, @axios, @b6nbrown, @pitdesi, @ddayen, @mcbyrne, @bloombergtv, @nmasc_, @collins_belton, and @wideofthepost
| 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.
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GitHub, PCMag, CNBC, CSO, CNN, Gizmodo, TorrentFreak, The Guardian, Washington Post, Metacurity, 9to5Mac, Associated Press, BBC, The Register, Engadget, TechCrunch, Variety, Tech.co, The Verge, Tech Startups, Bloomberg, Financial Times, Fortune, TechRadar, Quartz, TechCircle, Watcher Guru, Newser, gHacks Technology News, Digital Trends, New York Post, SecurityWeek, Neowin, Social Media Today, TechCabal, Telegraph, Reuters, WRAL TechWire, SlashGear, MarketWatch, Techlusive, CoinGape, DataBreaches.net, and Deadline
| Alex Hern / The Guardian: |
Nvidia CTO Michael Kagan says crypto does not “bring anything useful for society” and other processing power uses like AI are more worthwhile than crypto mining — Tech chief says the development of chatbots is a more worthwhile use of processing power than crypto mining
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Tom's Hardware, PC Gamer, Dexerto, TechSpot, Cryptonews, Wccftech, TweakTown, The Verge, TechPowerUp, VideoCardz.com, Notebookcheck.net, Cryptopolitan, crypto.news, and CryptoGlobe
Tweets:
@_danilo, @carnage4life, @jgarzik, @hkanji, and @investroiss
| Sarah Zheng / Bloomberg: |
Kaspersky: some versions of Pinduoduo, suspended by Google from its app store, exploited Android vulnerabilities to install backdoors and gain user data access — Security researchers at Moscow-based Kaspersky Lab have identified and outlined potential malware in versions … | Matt Burgess / Wired: |
Porn creators in Germany face fines and imprisonment as regulators use AI to spot porn not protected by age verification tech on social media and messaging apps — Regulators are using an AI system to scan websites and messaging apps to find pornography. Creators face fines and potential prison sentences.
Tweets:
@mikestabile and @gadgetlab
| 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:
Inside Bitcoins, Crypto Daily, Cryptonews, Cryptopolitan, CryptoSlate, CoinGape, Cointelegraph, Financial Times, Forkast, and Politico
LinkedIn:
Eugene Ng, Kelvin Low, and Kiuyan Wong
Tweets:
@cz_binance, @harry_forj, @eug_ng, @tehmoonwalker, @neopetsmeta, @degenspartan, and @justinsuntron
| Richard Milne / Financial Times: |
Ammo maker Nammo says its growth is hit by a TikTok data center using all spare electricity, as energy demand from data centers and others grows in the Nordics — Norwegian group Nammo blames ‘storage of cat videos’ for threatening its growth as data centre corners spare electricity
More:
Insider. Tweets:
@emmavj, @klonkitchen, @maxseddon, @oajonsson, @emilygorcenski, @fbermingham, @stokel, and @christopherjm
| Reuters: |
Sources: Jack Ma returned to China after more than a year; sources: China Premier Li Qiang urged Ma to return since late 2022 to allay private sector fears — Alibaba (9988.HK) founder Jack Ma has returned to China, ending a stay overseas of more than a year that industry viewed as reflecting …
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CNN, Associated Press, South China Morning Post, Wall Street Journal, BBC, TechCrunch, Livemint, Quartz, Barron's Online, Bloomberg, The Guardian, and AsiaOne. Tweets:
@byjoshye
| Paul Sawers / TechCrunch: |
Activist investor Elliott Management decides not to nominate its own directors to Salesforce's board, citing the company's FY23 results, growth plans, and more — Activist investor Elliott Investment Management won't be proceeding with plans to nominate its own directors to Salesforce's board … | Chris Welch / The Verge: |
Sonos Era 300 review: best spacial audio from any speaker, flexible connectivity options, but poor Sonos app UX and quality of spatial audio varies by track — When you find a good spatial audio song, Sonos' new speaker can blow your mind and sounds like nothing else.
More:
AppleInsider, TechHive, CNET, Engadget, 9to5Mac, TechCrunch, Tom's Guide, Wired, SlashGear, BGR, Digital Trends, and iPhone in Canada Blog. Tweets:
@chriswelch
| Simon Sharwood / The Register: |
The French government bans TikTok and all other recreational apps from staff phones, claiming none have sufficiently robust security for government devices — Meanwhile the US contemplates drastic action — The government of France has banned TikTok - and all other recreational apps - from phones issued to its employees.
More:
TechCrunch, Axios, ABC News, The Hill, CSO, NBC News, ComputerWeekly.com, TheGamer, Digiday, SC Media, PYMNTS.com, and Politico
Tweets:
@lisaforteuk, @baekdal, @jappleby, @zsk, @ivanabartoletti, @politicoeurope, @bushidotoken, @joetidy, @seanwrightsec, @stokel, and @thegrugq
| Bloomberg: |
Huawei says it has built tools to design chips as advanced as 14nm, about four generations behind the latest available, to help Chinese firms replace US tech — Huawei Technologies Co. has developed software tools capable of designing chips as advanced as 14 nanometers …
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