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October 3, 2023, 7:30 AM
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| Sam Schechner / Wall Street Journal: |
Sources: Meta pitched a plan to EU regulators to charge European users a subscription fee to use Facebook and Instagram without ads starting at €10 per month — European users would have option to pay fee or agree to personalized ads, according to company's pitch to regulators| Wall Street Journal: |
US v. Google: Satya Nadella says Google cemented its search dominance via default search deals with Apple and he may have been overenthusiastic about ChatGPT — Satya Nadella says it will take more than ChatGPT to check Google's advantage in internet search — WASHINGTON—Google has used unfair tactics to hobble
More: The Verge, New York Times, Bloomberg, Reuters, AppleInsider, Associated Press, Bloomberg, CNBC, Hindustan Times, MacRumors, Verdict, Livemint, WRAL TechWire, Neowin, Ghacks, Business Today, Forbes, Big Tech on Trial, NewsBytes, Stock Market News, Geek News Central Podcast, DNA India, FE Tech Bytes, Cryptopolitan, Android Headlines, Washington Post, Benzinga, RTÉ, SiliconANGLE, OSnews, The Messenger, Ben's Bites, The Information, Wccftech, TipRanks Financial, Thurrott, 9to5Mac, Yahoo News, Search Engine Land, New York Post, The Decoder, BigTechWire, CNN, The Seattle Times, Fortune, MSPoweruser, Windows Central, Miami Herald, GeekWire, Washington Examiner, Seeking Alpha, Benzinga, Business Times, Financial Times, Wall Street Journal, The Hill, OnMSFT.com, and Telegraph India
Mastodon: @counternotions@mastodon …. X: @kantrowitz, @business, @neogamespark, @vidushi_law, @netchoice, @bigtechontrial, @carlszabo, @nicoagrant, @berber_jin1, @stevedelbianco, @fxshaw, @jason_kint, @nicholasadeleon, @dinabass, @mattmday, @lexnfx, @tomwarren, @timsweeneyepic, @stevesi, @econliberties, @adamkovac, @charlotteswwweb, @bigtechontrial, @thurrott, @stevedelbianco, @econliberties, @troynmiller, and @jason_kint
Forums: Hacker News, r/technology, r/technology, r/LeopardsAteMyFace, r/technology, and MacRumors Forums
| David Yaffe-Bellany / New York Times: |
Michael Lewis depicts Sam Bankman-Fried as delusional in his new book, Going Infinite, but says SBF's explanations remain “irritatingly difficult to disprove” — “Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried's rise and fall.
More: CBS News, Washington Post, Insider, Insider, NPR, CCN.com, Los Angeles Times, New York Times, Decrypt, Inside Bitcoins, CoinDesk, Dow Jones Newswires, Bitcoinist.com, Bitcoin News, Cointelegraph, CNBC, DL News, Fortune, New York Post, crypto.news, Coinspeaker, TechCrunch, CryptoPotato, Cryptopolitan, CryptoSlate, Cryptonews, and The Block
X: @jbarro, @parikpatelcfa, @followtheh, @jack_raines, @ugarles, @rdnarang, @alderlaneeggs, @samanth_s, @julie_bush, @juleshyman, @alexnazaryan, @joshkraushaar, @jeffjarvis, @macrocephalopod, @coffeebreak_yt, @smtuffy, @smtuffy, @samcallah, @60minutes, @noahpinion, @bradmichelson, @ramahluwalia, @zekefaux, @brianstelter, @sokane1, @adamnash, @nytimes, and @trengriffin. LinkedIn: Jack Raines
| Molly White: |
A preview of the Sam Bankman-Fried trial, which begins today with jury selection, the seven charges, key witnesses, the likely legal strategies, and more — Key witnesses and the likely legal strategies about to unfold in the historic case ahead. … Tomorrow, all eyes turn to New York …
More: New York Times, Washington Post, Reuters, Slate, Financial Times, CoinDesk, The Guardian, Slate, CNBC, The Messenger, New York Times, Decrypt, Tech Xplore, Washington Post, Deutsche Welle, Reuters, Associated Press, Axios, CBC News, New York Times, Bitcoinist.com, ZeroHedge News, Decrypt, TechCrunch, Cryptonews, DL News, CBS News, CoinDesk, Wired, Bloomberg, CoinDesk, Ars Technica, The Verge, Slate, CNN, Cointelegraph, CCN.com, and Insider
Mastodon: @molly0xfff@hachyderm.io. X: @kenziesigalos, @antoinegara, @wired, @davidgura, @lastcallcnbc, @squawkcnbc, and @nytimes
| Todd Spangler / Variety: |
TikTok confirms the company is running a limited-scale test of an ad-free subscription plan, but only says the market is not the US and does not share the price — TikTok is exploring a new way to make money: The popular video app has kicked off a limited-scale test of a monthly subscription service that eliminates ads.
More: TechCrunch, 9to5Mac, The Verge, Silicon Republic, 9to5Google, PhoneArena, Dexerto, Social Media Today, BigTechWire, PYMNTS.com, Neowin, The Information, BGR, The Messenger, Search Engine Land, AppleInsider, Engadget, TweakTown, Android Headlines, and Android Authority
Threads: @carnage4life. X: @mattnavarra, @sillygirlheaven, @marvelle, @saoirserd, @popcrave, @saeeddicaprio, @sadhotgiri, and @defnoodles. Forums: r/popculturechat
| Steven Ehrlich / Forbes: |
Email: Chainalysis lays off ~150 employees, or 15%+ of its workforce, and plans to focus on government contracts; the company cut staff by ~5% in February 2023 — Chainalysis is laying off approximately 150 employees, or slightly more than 15% of its staff of 900, CEO Michael Gronager told employees …
More: Decrypt, CoinDesk, Cryptonews, Metaverse Post, CryptoPotato, Cointelegraph, Bloomberg, The Block, Forkast, and Coinpedia Fintech News. Mastodon: @SpaceLifeForm@infosec …
| Bloomberg: |
Investigation: several Taiwanese tech companies are secretly helping Huawei build chip plants in southern China, an unusual collaboration with political risks — - Critics slam Taiwan's government for inadequate China curbs — Taiwan has pledged to keep advanced tech from Chinese military| CNBC: |
Documents and sources undermine Flexport founder Ryan Petersen's claims that CEO Dave Clark overspent, overhired, and overpromised before being forced to resign — - Immediately following Dave Clark's abrupt ouster as CEO of Flexport, founder Ryan Petersen said the company was hiring too aggressively and needed to rein in spending.
More: NBC 7 San Diego, The Information, and TechCrunch
Mastodon: @carnage4life@mas.to and @jenn@pixel.kitchen
X: @mattrosoff, @asanwal, @gerstenzang, @pt, @davehclark, @mattrosoff, @cnbc, and @kepano. LinkedIn: Brittain Ladd
| Priya Anand / Bloomberg: |
Stampli, which uses AI to automate the processing of invoices and help businesses pay vendors, raised $61M, bringing its total funding to $148M+ — Artificial intelligence is showing up in unexpected sectors. … Funds managed by Blackstone Inc. led the round. The company declined to give its valuation.
Mastodon: @misc@mastodon.social
| Tage Kene-Okafor / TechCrunch: |
Cape Town-based Stitch, which enables businesses to build, optimize, and scale financial products using its APIs, raised a $25M Series A extension led by Ribbit — Open banking, in which traditional banks release their data via application programming interfaces (APIs) … | Zack Whittaker / TechCrunch: |
Filing: Virginia-based cybersecurity company IronNet, which was founded in 2014 by a former NSA director and raised $400M+, has shut down and laid off its staff — IronNet, a once-promising cybersecurity startup founded by a former NSA director and funded by cyber and defense investors …
More: U.S. Securities and Exchange Commission, SiliconANGLE, CRN, and Security Boulevard
Forums: r/cybersecurity and Slashdot
| Financial Times: |
Věra Jourová, one of two commissioners overseeing the enactment of EU's AI law, warns against being “paranoid” or too restrictive when regulating generative AI — European Commission vice-president says legislation should be based on ‘solid analysis’Sponsor Posts
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