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March 14, 2023, 11:35 AM
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| TechCrunch: |
Mark Zuckerberg says Meta plans to cut another 10,000 jobs and withdraw around 5,000 open roles, just four months after cutting 11,000 jobs — Meta plans to cut its workforce by another 10,000 people and withdraw around 5,000 open roles that it had yet to fill, company co-founder …
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Meta, The Verge, New York Times, BBC, Axios, Silicon Republic, Gizmodo, New York Post, Financial Times, Insider, CNN, PCMag, RTÉ, NBC News, The Information, CNBC, The Guardian, Reuters, AppleInsider, Business Post, Engadget, Bloomberg, The Hill, The Economic Times, Barron's Online, Neowin, Deadline, Variety, Tech in Asia, Tech Startups, Livemint, Newser, Wall Street Journal, Moneycontrol, The Wrap, Semafor, The Hollywood Reporter, and Mashable
Mastodon:
@GossiTheDog@cyberplace.social. Tweets:
@jamesrbuk, @joshkraushaar, @keithboykin, @jetscott, @martinsfp, @danielbzhao, @samro, @ulonnaya, @divestech, @agarfinks, @realkylemorris, @borrowed_ideas, @alexjamesfitz, @altcap, @alexeheath, @modestproposal1, @carlquintanilla, @thebradluck, @unusual_whales, @gurgavin, @silviakillings, @jesskellynt, @phil_lewis_, and @carlquintanilla. Facebook:
Mark Zuckerberg
| Adam Morgan McCarthy / The Block: |
Meta plans to wind down its work on NFTs “for now” to focus on other ways of supporting creators and will continue working on Meta Pay — - Meta is ditching its NFT efforts, for now, according to executive Stephane Kasriel. — Meta is ditching its pursuit of NFTs as the company looks …
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The Verge, Web3 is Going Just Great, Engadget, PCMag, nft now, Gizmodo, TechCrunch, Reuters, Cointelegraph, Micky, PetaPixel, Cryptonews, Crowdfund Insider, SiliconANGLE, CryptoSlate, Silicon Republic, CoinGape, gHacks Technology News, Techlusive, Bitcoinist.com, TechCircle, crypto.news, KnowTechie, CoinJournal, The Register, Mashable, and Metaverse Post
Tweets:
@skasriel, @dave_krugman, @skasriel, @skasriel, @skasriel, @jackbutcher, @punk9059, @smdiehl, @merts_eth, @wongmjane, @skasriel, @nickstatt, @chrismessina, @tante, @tomfgoodwin, @bayc2745, @pixiekate13, @ryy_wills, @jebus911, @farokh, @samsantala, @joshconstine, @nkumar23, @bertugoymak, @sergitosergito, @aeyakovenko, @samfbiddle, @jacquescolimon, @tomwarren, @pixiekate13, @tomaxwell, @mgsiegler, @lakoz_, @rjcc, and @tier10k
| James Vincent / The Verge: |
Google announces AI-powered features for Docs, Gmail, Sheets, Slides, and other Workspace apps, helping users generate text, summarize topics, and create images — Google has announced a suite of upcoming generative AI features for its various Workspace apps, including Google Docs, Gmail, Sheets, and Slides.
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Google Workspace Blog, The Keyword, TechCrunch, 9to5Google, Search Engine Land, CRN, PCWorld, Thurrott, Gizmodo, NBC News, Washington Post, SiliconANGLE, Neowin, MobileSyrup, Wccftech, Search Engine Journal, Axios, and Android Police
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@googleworkspace, @google, @adrianweckler, @devrelcallum, @adrianweckler, @jjvincent, and @tomwarren
| James Vincent / The Verge: |
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Tech Monitor, Google Developers Blog, TechCrunch, and gHacks Technology News
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@sundarpichai, @alphasignalai, @googleai, @marie_haynes, and @bentossell
| David Enrich / New York Times: |
Signature's and SVB's collapse was aided by GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed for by SVB executives — Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
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@mekkaokereke@hachyderm.io and @darius@friend.camp
Tweets:
@nic__carter, @stevenkelly49, @josephzeballos, @jayparsons, @loganbartlett, @joebiden, @benedictevans, @dsquareddigest, @mikiebarb, @rebeccaballhaus, @joenbc, @rokhanna, @bobbybigwheel, @stevenzzhou, @unusual_whales, @frognews, @davidsirota, @tphillips, @jstein_wapo, @andrewrestuccia, @keitholbermann, @eliotwb, @bykowicz, @sullycnbc, @tristansnell, @markmobility, @davidenrich, @liz_franczak, @bykowicz, @kenklippenstein, @markfollman, @deitaone, @stevenkelly49, and @thestalwart
| Andrew Ackerman / Wall Street Journal: |
Sources: the FDIC is planning another SVB auction, after failing to find a suitor on March 12; at least one offer had been made, which was rejected by the FDIC — Auction comes after failed attempt to find suitor on Sunday — The Collapse of Silicon Valley Bank: What You Need to Know| Natasha Mascarenhas / TechCrunch: |
Email: SVB's new CEO Tim Mayopoulos says SVB NA, a new, FDIC-run “bridge-bank” with deposits protected by the FDIC, is “open and conducting business as usual” — The former Fannie Mae exec says new deposits will be protected by the FDIC
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The Information, FDIC, Gizmodo, Reuters, gHacks Technology News, and New York Post
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@priyanshi50 and @nmasc_
| Iain Withers / Reuters: |
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@jeremy_hunt, @cetier1, @hmtreasury, and @jamestitcomb
| Platformer: |
Sources: Microsoft laid off one of its responsible AI teams that was tasked with assessing the risks associated with integrating OpenAI's tech into its products — As the company accelerates its push into AI products, the ethics and society team is gone — I.| Kim Mackrael / Wall Street Journal: |
Microsoft signs a 10-year deal with Boosteroid to distribute Call of Duty if the Activision deal is approved, the third such deal; Boosteroid has ~4M users — Agreement is part of push to convince regulators that the planned $75 billion acquisition won't harm the videogame industry
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Microsoft, TechCrunch, GamesIndustry.biz, 9to5Google, Game Developer, Windows Central, Reuters, The Verge, Gameranx, GameSpot, FOSS Patents, TrueAchievements, MSPoweruser, Pure Xbox, OnMSFT.com, Video Games Chronicle, and Wccftech
Tweets:
@fedorovmykhailo, @bradsmi, and @tomwarren
| Reuters: |
Sources and documents: India plans to force smartphone makers to let users remove pre-loaded apps and will mandate screening OS updates via new security rules — India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system …
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Apple Must, AppleInsider, Android Authority, Neowin, TechRadar, Android Police, MacRumors, Sammy Fans, and Patently Apple
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@adityakalra, @eric_seufert, @adityakalra, @munsifv, @ahmermkhan, @munsifv, @munsifv, and @adityakalra
| Joe Rossignol / MacRumors: |
Apple announces “Shop With a Specialist Over Video”, a live shopping experience on apple.com for US customers looking to buy an iPhone — Apple today announced that customers in the U.S. can now connect with an Apple retail employee over a one-way video session while shopping for an iPhone on the company's online store.
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Apple, TechCrunch, AppleInsider, TechRadar, Wccftech, The Apple Post, BGR, and Cult of Mac
| Bloomberg: |
Source: US prosecutors are looking at Telegram group chats between employees at Jump, Jane Street, and Alameda in May 2022 over the collapse of TerraUSD — US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group …
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Bloomberg Law and Protos
Tweets:
@tier10k, @yueqi_yang, @mjpldn, @smdiehl, @theskyhopper, @yueqi_yang, @tier10k, @newmoneyreview, @sgtskill, @scupytrooples, and @ldrogen
| Alexander Osipovich / Wall Street Journal: |
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Blockworks, Inside Bitcoins, Bitcoin News, Bitcoinist.com, crypto.news, Forkast, CryptoSlate, and Cointelegraph
Tweets:
@fintechfrank, @poordart, @fatmanterra, @autismcapital, @allyversprille, @mdudas, @tier10k, and @molly0xfff
| Emily Nicolle / Bloomberg: |
Binance suspends UK deposit and withdrawal services via bank transfers and card payments after its local banking partner Paysafe stopped providing support — Binance Holdings Ltd., the world's largest crypto exchange, is suspending deposit and withdrawal services via bank transfers …
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Gizmodo, Finextra, Decrypt, Reuters, CoinGeek, The Verge, CryptoSlate, and Cointelegraph
| Will Oremus / Washington Post: |
Experts say that, in the short term, the promise and perils of generative AI may be more modest than the fervor surrounding tools like ChatGPT makes them seem — Hype and fear collide in the tech industry's latest boom — If you listen to its boosters, artificial intelligence is poised …
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The Atlantic, Computerworld, and The Road to AI We Can Trust
Tweets:
@theatlantic, @washingtonpost, @shiraovide, @willoremus, @irannewsnow, @neilturkewitz, @adam_k_levin, @garymarcus, and @_felixsimon_
| Rest of World: |
An in-depth look at tech's terrible 2022 in numbers: VC investment and IPOs falling globally, an 85% drop in new unicorns, layoffs impacting 280,000+, and more — Reduced investment and large-scale layoffs have created dark times for tech globally. — In March 2022, the future of Muni, a Colombian e-commerce startup, looked bright.| Cristina Criddle / Financial Times: |
Sources: multiple women accuse London-based TikTok executive Steve Ware of sexual harassment and say TikTok mishandled the allegations, a pattern at the company — Woman's employment contract terminated after internal probe into complaint about advances made by senior manager
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TechCrunch. Tweets:
@madhumita29, @cristinacriddle, @cristinacriddle, @cristinacriddle, @cristinacriddle, @muradahmed, and @cristinacriddle
| Tom Warren / The Verge: |
Microsoft plans to make 3D avatars available to all Teams users in May 2023, after announcing the feature in 2021 and testing them privately in recent months — Microsoft originally announced the avatars feature in 2021 and has been testing it privately in recent months.| Kate Clark / The Information: |
Sources: Y Combinator will not raise another Continuity Fund, which backs late-stage startups, and the two partners who led the fund plan to leave the company — Silicon Valley startup accelerator Y Combinator won't raise another continuity fund, which backs mature private tech companies, two people familiar with the matter said.
More:
Y Combinator, Tech in Asia, and The Economic Times
Tweets:
@fendien, @kateclarktweets, @pt, @brianbrackeen, @carnage4life, @yuris, @pitdesi, @madhavchanchani, and @umangdua
Sponsor Posts
Google:
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Generate videos with Veo 3 in Google Gemini — Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator. Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
6 Tips to Unlock Revenue with Transactional Emails — This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
6 Tips to Unlock Revenue with Transactional Emails — This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
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The Social Radars:
Ron Conway, Founder, SV Angel Part 4 (Bonus)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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Hard Fork:
The A.I. Jobpocalypse + Building at Anthropic with Mike Krieger + Hard Fork Crimes Division
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Rick Smith (CEO, Axon): The Wild Ride From Near-Bankruptcy to $50B+
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
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The Talk Show With John Gruber:
'Sewing Machine Repair Shop', With Patrick McGee
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
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Decoder with Nilay Patel:
How private equity kills companies and communities
A show from the Verge about big ideas - and other problems.
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