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May 4, 2023, 4:35 PM
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WeSmirchTop News
| David McCabe / New York Times: |
The White House announces plans to address AI's risks, including $140M for new research centers and draft guidelines for government agencies using AI safeguards — Vice President Kamala Harris also plans to meet with the chief executives of tech companies that are developing A.I. later on Thursday.
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LinkedIn:
Jonathan S. Luzader and Carine de Meyere
Tweets:
@adamthierer, @rob_weissman, @beauwoods, @civilrightsorg, @finmoorhouse, @pegobry, @rowancheung, @ankareuel, @sebkrier, @nickadobos, and @alondra
| Financial Times: |
The UK CMA launches a “fact-finding” review of the AI market, including LLMs, to assess the opportunities, guardrails, and principles for protecting competition — CMA chief Sarah Cardell says the regulator will examine technology behind software such as ChatGPT
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| Lina M. Khan / New York Times: |
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@azeem, @mat, @ediggs, @ylecun, @s8mb, @stevesi, @mattinthemittel, @lehogg, @jathansadowski, @neil_chilson, @sarthakgh, @oablanchard, @fabiochiusi, @datasociety, @accountabletech, @s8mb, @jason_kint, @linakhanftc, and @elidourado
| Annie Palmer / CNBC: |
Shopify sells its logistics unit to supply chain tech company Flexport, after building the operation for years and acquiring Deliverr for $2.1B in May 2022 — - Shopify is selling its logistics unit to supply chain technology company Flexport. — The Canadian e-commerce company …
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LinkedIn:
Ryan Smith, David Marczak, and Victor Elmann
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@ccm_ryan, @ryanmcraver, @itsjoekent, @sub8u, @thetranscript_, @juokaz, @buccocapital, @tishacm, @modestproposal1, @benedictevans, and @juokaz
| Ilya Banares / Bloomberg: |
Shopify reports Q1 revenue up 25% YoY to $1.5B, vs. $1.43B est., GMV up 15% YoY to $49.6B, vs. $47.7B est., and plans to cut ~20% of its staff; SHOP jumps 20%+ — Shopify Inc. cut jobs for the second time in less than a year and agreed to sell the majority of its logistics business …
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@elliotjaystocks, @delrey, @ow, and @mikelltaylor
| Richard Lawler / The Verge: |
Google releases a brief teaser video showing off the Pixel Fold, confirming that it will be officially revealed on May 10 during the Google I/O 2023 event — / This is Google's first foldable phone. More details are coming at Google I/O on May 10th.
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| Tom Warren / The Verge: |
Microsoft opens its Bing chatbot to all, removing the waitlist, and announces features like image and video results, persistent chat and history, and plug-ins — Microsoft is making its Bing GPT-4 chatbot available to everyone today, no more waitlist necessary.
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The Official Microsoft Blog, Ars Technica, Windows Central, Windows Central, The Verge, ExtremeTech, Cointelegraph, CNBC, PCWorld, Gizchina, Bloomberg, Windows Central, T3, Reuters, Search Engine Roundtable, OnMSFT.com, Search Engine Journal, Analytics Insight, BGR, Thurrott, PCMag, Insider, gHacks Technology News, GeekWire, Search Engine Land, Engadget, TechCrunch, VentureBeat, ZDNet, CNN, and Fox News
LinkedIn:
Satya Nadella and Brad Abrams
Tweets:
@yusuf_i_mehdi, @tomwarren, @mtholfsen, @zacbowden, @tomwarren, @nonmayorpete, @tomwarren, @satyanadella, and @jordirib1
| Emma Roth / The Verge: |
Discord plans to drop the four-digit tag after its usernames to make it “easier to connect” with others and force most users to pick a username with an @ prefix — Discord is taking away the four-digit tag that it puts after its usernames as it looks to make it “easier to connect” with other users.
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Discord Blog, TechCrunch, Windows Central, Gizmodo, PCWorld, Kotaku, SlashGear, TechSpot, Candid.Technology, BBC, TechRadar, Android Headlines, GameSpot, Mashable, Eurogamer.net, gHacks Technology News, IGN, Engadget, and Gamereactor UK
Tweets:
@yuureiriri, @bcarr, @miiulysses, @cosbunny, @yinsdere, @kuromibatwings, @generaltekno, and @_riinchu_
| Washington Post: |
Sources: Google, which published AI papers prolifically, in February moved to sharing only after the work had been productized, due to OpenAI's ChatGPT launch — For years the tech giant published scientific research that helped jump-start its competitors. But now it's lurched into defensive mode.
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SemiAnalysis and Insider
Tweets:
@hughlangley, @oablanchard, @kantrowitz, @jfischoff, @mathemagic1an, and @taliaringer
| David Pierce / The Verge: |
Mozilla expands its Mastodon instance to a private beta with strict moderation, saying the company is “not building another self-declared ‘neutral’ platform” — If you want to be a member of Mozilla.Social, Mozilla's new Mastodon instance, you're not allowed to harass other users.| Bloomberg: |
Sources: Microsoft is helping finance AMD's AI chip expansion and working with the chipmaker on Microsoft's own processor for AI workloads, codenamed Athena — Microsoft Corp. is working with Advanced Micro Devices Inc. on the chipmaker's expansion into artificial intelligence processors … | Apple: |
Apple reports second quarter results — Services revenue reaches new all-time high iPhone revenue sets March quarter record — CUPERTINO, CALIFORNIA Apple today announced financial results for its fiscal 2023 second quarter ended April 1, 2023. The Company posted quarterly revenue of $94.8 billion …
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CNBC, Apple, Coinspeaker, Pocket Gamer.biz, and Proactiveinvestors NA
Tweets:
@patrickmcgee_ and @epro
| Kate Morgan / Wall Street Journal: |
Some Gen Z Americans are buying flip phones like the $75 TCL Classic or the $90 Nokia 2780, seeking a break from endless social media and email notifications — Modern models are a bit smarter than those from the early 2000s, but still offer a needed break from endless notifications
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Wccftech, TechSpot, PhoneArena, 9to5Mac, and Appuals.com
| Kyle Wiggers / TechCrunch: |
Hugging Face and ServiceNow Research release StarCoder, a free alternative to code-generating AI systems like GitHub Copilot, as part of their BigCode project — AI startup Hugging Face and ServiceNow Research, ServiceNow's R&D division, have released StarCoder, a free alternative … | Alf Wilkinson / Financial Times: |
A Finder.com experiment using ChatGPT to pick 38 stocks finds the portfolio rose 4.9% over eight weeks, compared to an average 0.8% loss for 10 popular UK funds — Theoretical fund of 38 stocks do better than 10 most popular funds on Interactive Investor, finds finder.com — Latest news on ETFs| Ron Miller / TechCrunch: |
Salesforce announces SlackGPT, which will let users and developers build AI-driven experiences on the platform, and plans to incorporate EinsteinGPT into Slack — Slack has evolved from a pure communications platform to one that enables companies to link directly to enterprise applications without having …
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Engadget, Slack, The Verge, Computerworld, Salesforce, SlashGear, VentureBeat, SiliconANGLE, Tech Monitor, gHacks Technology News, TechCircle, and CNBC
| CoinDesk: |
Coinbase plans to stop issuing new loans in the US via its Borrow program on May 10 due to low demand; a source says the move is unrelated to US SEC troubles — May 10 is the final day customers will be allowed to take out new loans through Coinbase Borrow. — Coinbase Borrow's days are numbered.| Erin Woo / The Information: |
Sources: OpenAI's losses roughly doubled to ~$540M in 2022, and Sam Altman privately suggested OpenAI may try to raise as much as $100B in the coming years — OpenAI's losses roughly doubled to around $540 million last year as it developed ChatGPT and hired key employees from Google …
Tweets:
@ericjackson and @kantrowitz
| Denny Jacob / Wall Street Journal: |
DoorDash reports Q1 revenue up 40% YoY to $2.04B, vs. $1.93B est., a $162M net loss, vs. $167M in Q1 2022, and total orders up 27% YoY to 512M — Food-delivery company's revenue grows 40% to $2.04 billion, topping Wall Street estimates — DoorDash sales surged in the latest quarter …
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DoorDash
| Akash Sriram / Reuters: |
Lyft reports Q1 revenue up 14% YoY to $1B, net loss of $187.6M vs. $196.9M YoY, and active riders up 9.8% YoY to 19.5M; LYFT drops 13%+ on weak Q2 guidance — Lyft Inc's (LYFT.O) forecast second-quarter revenue and core profit below estimates on Thursday amid tough competition from larger rival Uber … | Jemima Kelly / Financial Times: |
Twitter's Community Notes is changing fact-checking by avoiding the term and using a crowdsourced consensus, a model for a fairer and more transparent approach — The strength of the platform's Community Notes feature is that it works through consensus — I think I might have let out an audible groan … Sponsor Posts
Meta:
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Zoho:
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Make AI Voice Agents trustworthy — Hamming AI automatically tests AI voice agents and continuously monitors them in production.Who's Hiring In Tech?
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