Techmeme
November 22, 2023, 12:30 AM

Top News

CNBC:
Binance and CZ plead guilty to federal charges as part of a $4.3B settlement with the US DOJ; charges include violating sanctions and anti-money laundering laws  —  - The U.S. Department of Justice has brought criminal charges against Binance and its billionaire founder and CEO, Changpeng Zhao.
Wall Street Journal:
Filing: Changpeng Zhao agrees to pay a criminal fine of $50M and can retain his majority ownership of Binance but can't hold an executive role at the company  —  Zhao's crypto exchange will also admit wrongdoing and agree to pay $4.3 billion in fines  —  The chief executive of Binance …
@cz_binance:
Changpeng Zhao steps down as CEO of Binance, and Richard Teng, formerly the Global Head of Regional Markets, has been named CEO  —  Today, I stepped down as CEO of Binance.  Admittedly, it was not easy to let go emotionally.  But I know it is the right thing to do.  I made mistakes, and I must take responsibility.
Financial Times:
Sources: 97%+ of OpenAI staff have signed the letter threatening to quit in board standoff; investors explore legal measures to force board to reverse course  —  More than 95% of employees have threatened to quit and join Microsoft if board refuses to resign
Bloomberg:
Sources: OpenAI interim CEO Emmett Shear has told people close to OpenAI that he doesn't plan to remain if the board can't clearly tell him why it fired Altman  —  Sam Altman and members of the OpenAI board have opened negotiations aimed at a possible return of the ousted co-founder …
New York Times:
Sources: before his ousting, Sam Altman made a move to push out board member Helen Toner because he thought a paper she had co-written was critical of OpenAI  —  Sam Altman attacked a member over a research paper that discussed the company, while directors disagreed about who should fill board vacancies open for months.
Kara Swisher / @karaswisher:
Sources: fruitful negotiations between OpenAI's board and Sam Altman's side are taking place; Microsoft is being kept apprised and is likely to get board seats  —  Update on @OpenAI situation: Many sources tell me fruitful negotiations are taking place now between @sama side (he has a crew of well known outside tech pals helping like @bchesky and @btaylor) and the board side, who are repped by @adamdangelo and interim ceo @eshear.
Wall Street Journal:
Kristi Hines / Search Engine Journal:
Anthropic debuts Claude 2.1, offering a context window of up to 200K tokens, or ~150K words, a claimed 50%+ increase in accuracy, new API integrations, and more  —  Claude 2.1 boasts a 150K word context window to parse long documents, 50%+ accuracy gains, early support for tool integration, and more.
Kyle Wiggers / TechCrunch:
Former OpenAI President Greg Brockman announces that ChatGPT's voice narration feature is now available to all free users  —  Ex-OpenAI president Greg Brockman — who, as far as we're aware, isn't currently employed at OpenAI in any capacity — is posting updates about OpenAI products on X …
Mark Gurman / Bloomberg:
Sources: Sonos to make a long-awaited push into headphones with a $400 model coming as early as April, is working on a video service and streaming device, more  —  - Company plans to compete with Bose and Apple with headphones  — New Roam speaker, high-end sound bar and video service coming
Adi Robertson / The Verge:
Anel Islamovic / Stability AI:
Stability AI releases Stable Video Diffusion in research preview, its first foundation model for generative video based on the Stable Diffusion image model  —  Today, we are releasing Stable Video Diffusion, our first foundation model for generative video based on the image model Stable Diffusion.
Jordan Novet / CNBC:
Nvidia reports Q3 revenue up 206% YoY to $18.12B, vs. $16.18B est., Data Center revenue up 279% YoY to $14.51B, and net income up 1,259% YoY to $9.2B  —  - Nvidia's results surpassed analysts' projections for revenue and income in the fiscal fourth quarter.
Reuters:
The US FTC approves a new resolution to streamline investigations of cases where AI is used to break the law  —  Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process approved by the U.S. Federal Trade Commission, the agency said on Tuesday.
The Information:
Tiger Global Management's Scott Shleifer will transition from his role leading private investments to a senior adviser role, effective January 1, 2024  —  Scott Shleifer, a key architect of Tiger Global Management's aggressive private tech dealmaking during the 2020-2022 startup boom …
Lauren Goode / Wired:
Q&A with Del Harvey, who led Twitter's trust and safety team for 13 years until 2021, on the X rebrand, her role, Gamergate, Donald Trump, January 6, and more  —  From Israel vs. Hamas threats to Donald Trump's “wild” posts, Del Harvey helped make the platform's hardest content moderation calls for 13 years.
Semafor:
Skype co-founder Jaan Tallinn, one of the most prominent backers of “effective altruism”, now questions the merits of running companies based on the philosophy  —  One of the most prominent backers of the “effective altruism” movement at the heart of the ongoing turmoil at OpenAI …

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