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March 4, 2023, 7:40 PM
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Top News

Alex Cranz / The Verge:
Meta is good at making VR hardware but is ignoring its core gamer audience, as it's not clear the company realizes that games are driving its VR business  —  Meta seems very committed to making hardware to usher in a whole new world and racing away from the games that drive its VR business.
Erin Woo / The Information:
Sources: after Twitter refused to pay its AWS bills for months, Amazon threatened in February 2023 to withhold payment for the ads the company runs on Twitter  —  Elon Musk is running into an obstacle in his relentless drive to cut costs at Twitter: some of the same vendors that Twitter …
Wall Street Journal:
Sources: in an update to investors, Twitter reports a ~40% YoY decline in both revenue and adjusted earnings for December 2022, as advertisers fled the platform
Alberto Nardelli / Bloomberg:
Source: Russia is circumventing sanctions by importing advanced chips through countries such as Turkey and the UAE; shipments from China to Russia have surged  —  Russia looks to be successfully working around European Union and Group of Seven sanctions to secure crucial semiconductors …
Kif Leswing / CNBC:
LinkedIn founder Reid Hoffman quits OpenAI's nonprofit board, seeking to invest in companies using OpenAI's tech, which he says may cause a conflict of interest  —  - LinkedIn founder and Greylock partner Reid Hoffman is leaving the nonprofit board of OpenAI, he announced in a post on Friday.
Kate Park / TechCrunch:
Singapore-based e-commerce aggregator Una Brands raised a $30M pre-Series C, following a $30M Series B in September 2022, bringing its total funding to $115M  —  Una Brands, a Singapore-based e-commerce aggregator, has raised $30 million in pre-Series C financing just five months after announcing …
Noah Bierman / Los Angeles Times:
San Jose-based Vintra markets its “co-appearance” AI, which seeks to detect when people caught on video are likely associates, to the IRS and police departments  —  A gray-haired man walks through an office lobby holding a coffee cup, staring ahead as he passes the entryway.
Will Douglas Heaven / MIT Technology Review:
Q&A with OpenAI's Sandhini Agarwal, Liam Fedus, Jan Leike, and co-founder John Schulman on training ChatGPT, dealing with its virality, fixing issues, and more  —  Exclusive conversations that take us behind the scenes of a cultural phenomenon.  —  When OpenAI launched ChatGPT …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:40 PM ET, March 4, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Sean Burch / The Wrap:
News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M

Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

Sarah Scire / Nieman Lab:
A look at Votebeat's use of a Slack channel to answer questions for journalists on the election, connecting reporters with experts through at least December 8

More News

Financial Times:
Some UK officials and SoftBank staff blame onerous FCA rules, process complexity and cost, and the UK's political chaos for Arm shunning a London listing
Josh Eidelson / Bloomberg:
An NLRB director rules that Google is a “joint employer” with YouTube subcontractor Cognizant and must bargain with Cognizant's YouTube workers if they unionize
Forbes:
Ryan Breslow sues Mark Phillips, a convicted fraudster he hired to build his social impact DAO, for allegedly stealing ~$10.5M of the project's seed funding

Earlier Picks

CoinDesk:
Silvergate plans to discontinue its Silvergate Exchange Network, a 24/7 instant settlement service that its clients could use to move money to crypto exchanges
Annie Palmer / CNBC:
Amazon plans to close eight Go convenience stores in Seattle, NYC, and San Francisco, as the company reevaluates its brick-and-mortar strategy and cuts costs
Erik Schatzker / Bloomberg:
Coinbase acquires One River, a crypto asset management startup that serves only institutional clients, like pension funds; One River was valued at $186M in 2021
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