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December 4, 2023, 8:30 AM
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| Manish Singh / TechCrunch: |
Spotify plans to lay off ~17% of its workforce, or ~1,500 staff, to “rightsize” its costs, citing slow growth and rising capital costs, after cutting 6% in June — Spotify is eliminating about 17% jobs, its third round of layoffs, as the music streaming looks to become “both productive and efficient.”
More: 9to5Mac, The Guardian, Android Police, PYMNTS.com, Spotify, BBC, Wall Street Journal, Music Ally, The Verge, Business Today, Engadget, Fortune, The Messenger, New York Times, Axios, WRAL TechWire, PhoneArena, Barron's Online, Financial Times, Mashable, RTÉ, Reuters, GSMArena.com, Business Insider, The Hollywood Reporter, Bloomberg, Tech in Asia, MSPoweruser, Variety, and Cord Cutters News
Mastodon: @carnage4life@mas.to. X: @bobafatt, @rbillsimmonspod, @nath_brudenell, @conorsen, @ryan_browne_, @lisaabramowicz1, @juanpflores_, @ericjackson, @johnwilander, @baxiabhishek, @sarafischer, and @mhbergen
Forums: Hacker News and Hacker News
| New York Times: |
A deep dive into the founding of DeepMind, OpenAI, and Anthropic, as many of their backers feared the risks of advanced AI but wanted the power to shape it — The people who were most afraid of the risks of artificial intelligence decided they should be the ones to build it.
More: New York Times, The Hill, Cryptopolitan, Business Insider, Fortune, and DNyuz
Threads: @lorakolodny, @carnage4life, @carnage4life, @steve_inskeep, and @jeffjarvis
Mastodon: @taylorlorenz@mastodon.social and @carnage4life@mas.to
| Peter Martin / Bloomberg: |
US Commerce Secretary Gina Raimondo says her department needs more money to stop China on chips and calls out Nvidia for redesigning for the Chinese market — - US commerce secretary cites Nvidia designs as case in point — Tells chip CEOs ‘such is life’ as US security trumps revenue
More: VideoCardz.com, Dexerto, PC Gamer, Wccftech, TweakTown, OC3D, Cryptopolitan, and Agence France-Presse. Forums: r/technology
| Joseph Menn / Washington Post: |
Disinformation scholar Joan Donovan claims in a whistleblower filing that her superiors soured on her as Harvard got the Chan Zuckerberg Initiative's $500M gift — In a whistleblower complaint, she breaks her silence over events that unsettled other misinformation researchers
More: Whistleblower Aid, Whistleblower Aid, Real Facebook Oversight Board, and The Logic
Mastodon: @maria@thelife.boats. X: @bostonjoan, @zephyrteachout, @markszaidesq, @ctmathewes, @zamaan_qureshi, @_andyburrows, @wbaidlaw, @jason_kint, @bostonjoan, @wbaidlaw, and @bostonjoan
| Paresh Dave / Wired: |
Documents: OpenAI signed a letter of intent in 2019 to spend $51M on brain-inspired chips developed by startup Rain AI, in which Sam Altman had invested $1M+ — Documents show that OpenAI signed a letter of intent to spend $51 million on brain-inspired chips developed by startup Rain.
More: The Decoder, Computerworld, The Overspill, and The Information
Threads: @laurengoode. Bluesky: @martinsfp.bsky.social. X: @jason, @ryancareyai, @halvarflake, @dseetharaman, @silvermanjacob, @garymarcus, and @estill01. LinkedIn: Jim Fan
Forums: Hacker News, r/artificial, and r/singularity
| Mark Gurman / Bloomberg: |
Chase Bank could be an ideal Goldman Sachs replacement for Apple Card, as it uses the same Mastercard network and already has a strong relationship with Apple — Apple and Goldman Sachs are on the verge of splitting up, and Chase is the ideal partner to step in.
More: Dexerto, The Ambient, AppleInsider, BGR, Supercharged, iMore, PhoneArena, Wccftech, PYMNTS.com, Philip Elmer‑DeWitt, and Patently Apple
X: @philsolis and @markgurman
Forums: r/wallstreetbets, r/AppleCard, and r/apple
| Coco Feng / South China Morning Post: |
Internal memo: ByteDance plans to release a “bot development platform” in beta by the end of December, to let users create their own AI chatbots — ByteDance, the Chinese owner of TikTok, is working on an open platform that will allow users to create their own chatbots …
More: The Decoder, Tech in Asia, and Analytics India Magazine
| Bloomberg: |
Bitcoin trades above $40K for the first time since May 2022, as the digital asset extends its 2023 rebound on expectations of interest-rate cuts and ETF demand — - Crypto rally has been driven by ETF hopes, rate-cut bets — Bitcoin is on track for biggest annual gain since 2020
More: Finbold, Bitcoinist.com, CryptoGlobe, Forbes, Unchained Crypto, The Block, Cryptonews, CoinDesk, and Analytics Insight
X: @alifarhat79, @mikealfred, and @chrisjbakke
| Anto Antony / Bloomberg: |
Sources: Byju's founder Byju Raveendran pledged his and his family's homes as collateral to borrow ~$12M to raise money to pay staff, to fight a cash crunch — - Founder has raised $400 million in debt to keep firm afloat — Company is also seeking to raise funds through asset sales| Financial Times: |
IBM announces 10 quantum computing projects, focusing on areas like simulating quantum physics and solving problems in chemistry and materials science — Use of technology to solve scientific problems still falls short of commercialisation — Quantum computing is starting to fulfil …
More: SiliconANGLE, Reuters, IBM Research Blog, New Scientist, Forbes, HPCwire, IBM, CoinGeek, and Analytics Insight
| Matt Levine / Bloomberg: |
Researchers show AI misalignment in a GPT-4-based stock trading bot that performed insider trading in a simulated environment without being instructed to do so — Also OpenAI's board, kangaroo grazing and bank box-checking. — AI MNPI — Here you go, insider trading robot:
More: arXiv and Schneier on Security
| WABetaInfo: |
WhatsApp updates its iOS app to let users send photos and videos in their original quality — WhatsApp has just submitted a new stable update for iOS, available on the App Store: the build number is 23.24.73. — What's new in this update? WhatsApp is widely rolling out a feature to send original quality media as a file!
More: The Verge, MacRumors, 9to5Mac, and Gadgets Now
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