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March 27, 2023, 3:00 PM
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Top News

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.
CFTC:
The CFTC sues Binance, CEO CZ, and an ex-chief compliance officer, calling Binance's compliance efforts “a sham” and corporate structure “intentionally opaque”  —  Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed …
Frederic Lardinois / TechCrunch:
Microsoft says Teams has 280M MAUs, up from 270M in Jan. 2022, and says it has rebuilt Teams to be twice as fast, rolling out to Windows' Public Preview program  —  Teams, Microsoft's Slack rival, has always had a bit of a reputation for being slow and resource-hungry.
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
Emma Roth / The Verge:
Zoom partners with OpenAI to expand its Zoom IQ assistant with features to generate whiteboards from text prompts, recap meetings, summarize threads, and more  —  Zoom has become the latest productivity app to expand its use of artificial intelligence.  In a blog post published on Monday …
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.
Dustin Volz / Wall Street Journal:
Biden signs an EO limiting US agencies' use of hacking tools from companies that are linked to human rights abuses or are deemed to pose national security risks  —  Officials say at least 50 U.S. personnel overseas had been compromised by commercial spyware
Richard Milne / Financial Times:
Ammo maker Nammo says its growth is limited by a TikTok data center using all the spare electricity, as energy demand across industries grows in the Nordics  —  Norwegian group Nammo blames ‘storage of cat videos’ for threatening its growth as data centre corners spare electricity
Larry DiTore / The Block:
Filing: MicroStrategy bought 6,455 BTC for ~$150M from February 16 to March 23 at an average price of $23,238; the company held ~$4.14B worth of BTC on March 23  —  - MicroStrategy now has a little more than $4 billion worth of bitcoin in its corporate coffers.
Juli Clover / MacRumors:
Apple releases iOS 16.4 with new emoji, Safari web push notifications for sites added to the Home Screen, Voice Isolation for calls, and more  —  Apple today released iOS 16.4, the fourth major update to the iOS 16 operating system that initially came out last September. iOS 16.4 comes …

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This is a Techmeme archive page. It shows how the site appeared at 3:00 PM ET, March 27, 2023.

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From Mediagazer

Youkyung Lee / Bloomberg:
Shares of South Korean entertainment companies related to Squid Game drop 20%+ following a less-than-perfect debut for the new season of the series on Netflix

CBS News:
Greg Gumbel, a longtime CBS Sports anchor and commentor, died at 78 of cancer

Benjamin Mullin / New York Times:
Richard Parsons, who had a long career as chairman, CEO, and as a board member of media companies including CBS and Time Warner, died at 76 of bone cancer

More News

Chris Welch / The Verge:
Sonos Era 300 review: the best spatial audio from any speaker, flexible connectivity options, but a poor Sonos app UX and spatial audio quality varies by track
Reuters:
Sources: Jack Ma has returned to China after over a year; sources: since late 2022, China Premier Li Qiang had urged Ma to return to allay private sector fears
Simon Sharwood / The Register:
The French government bans TikTok and all other recreational apps from staff phones, claiming that none have sufficiently robust security for government devices

Earlier Picks

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
Bloomberg:
Sources: the Hong Kong arms of three Chinese state banks reached out to offer services to crypto companies in the past few months, despite a mainland crypto ban
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
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
ProPublica:
A look at OBNBrandon, a prolific scammer in a booming community focused on banning influencers' accounts, mainly on Instagram, and extorting for “reactivation”
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