Techmeme
December 6, 2022, 8:55 AM

Top News

Ben Thompson / Stratechery:
A look at the effects of ChatGPT, which has caused an explosion of interest in OpenAI's capabilities and led to questions about AI's impending impact on society  —  It happened to be Wednesday night when my daughter, in the midst of preparing for “The Trial of Napoleon” for her European history class …
Sam Altman / @sama:
Brad Smith / Wall Street Journal:
Microsoft's President discusses the FTC opposing the Activision Blizzard acquisition and says the company offered Sony a 10-year Call of Duty licensing deal  —  Far from harming competition, it'll allow us to compete against more powerful companies through innovation.
Rebekah Valentine / IGN:
Rachael Levy / Reuters:
Sources: the US Department of Agriculture is probing Neuralink for potential animal welfare violations after complaints that its animal testing is being rushed  —  Elon Musk's Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations amid …
Matt Levine / Bloomberg:
Unpacking the 2022 crypto credit crisis and its parallels with the 2008 financial crisis by analyzing Three Arrows Capital's collapse, FTX's implosion, and more  —  The crypto financial crisis of 2022  —  Apparently the way it works is that if you blow up a big crypto firm …
Jon Porter / The Verge:
Google brings continuous scrolling to desktop in English in the US, loading six pages of results, following a similar change on mobile in October 2021  —  Google's search results on desktop will load in a continuous scroll instead of dividing into pages, the company has announced.
Tim Hardwick / MacRumors:
Apple launches its self-service repair program in Belgium, France, Germany, Italy, Poland, Spain, Sweden, and the UK, the first expansion outside the US  —  Apple today announced it has launched its self-service repair program in Europe, extending the program beyond the United States for the first time.
Reuters:
Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after FTX's collapse hit valuations and dampened investor interest  —  Goldman Sachs (GS.N) plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse …
Financial Times:
Sources: the UK Treasury finalizes expanded crypto regulation plans, including letting the FCA restrict how companies run and advertise, after FTX's implosion  —  Implosion of FTX injects fresh urgency into government's pledge to impose order  —  The Treasury is finalising plans for a package …
Jon Swartz / MarketWatch:
Meta threatens to consider removing news from its apps if Congress passes Senator Klobuchar's “ill-considered” Journalism Competition and Preservation Act  —  Bill would allow news organizations to band together to negotiate for a larger share of online advertising revenue
Adi Robertson / The Verge:
Meta's Oversight Board releases a report on the controversial cross-check moderation system, citing “shortcomings” and calling for “radically” more transparency  —  Meta's Oversight Board has released an in-depth report on Facebook and Instagram's controversial cross-check system …
Financial Times:
TSMC plans to more than triple its Arizona investment to $40B, building a fab for 3nm chips, set to open in 2026, and making 4nm chips in its fab for 5nm chips  —  President Biden to hail Taiwanese chipmaker's second plant as boost for US manufacturing  —  Taiwan Semiconductor Manufacturing Company …
Nikhilesh De / CoinDesk:
Crypto lender Nexo aims to exit the US in the coming months; US users in eight states can no longer use its Earn Interest Product and signups are halted  —  Nexo will immediately suspend access to its Earn product in several U.S. states.  —  Crypto lender Nexo announced Monday …
Kenrick Cai / Forbes:
Runway, one of the two startups behind Stable Diffusion, raised a $50M Series C led by Felicis Ventures; sources say Runway has a $500M valuation and a ~$1M ARR  —  Runway ML, one of the two startups behind the popular AI text-to-image model Stable Diffusion, has raised new funding at a $500 million valuation, Forbes has learned.
David Pan / Bloomberg:
Kaiko: as FTX disintegrated, trading volume at the largest crypto exchanges jumped 23% to $705B in November, mainly driven by a 30% jump on Binance  —  Digital-asset exchange Binance Holdings Ltd. saw a substantial boost in trading activity as Sam Bankman-Fried's FTX crypto empire collapsed in November.
More: CoinGape

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