Techmeme
March 21, 2023, 5:15 AM

Top News

Annie Palmer / CNBC:
Andy Jassy says Amazon plans to lay off an additional 9,000 employees, mostly in AWS, PXT, Advertising, and Twitch, after cutting 18,000+ jobs in January 2023  —  - Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday.
David Shepardson / Reuters:
Ahead of Shou Zi Chew's testimony, TikTok confirms having 150M MAUs in the US, up from 100M in August 2020; in September 2021, TikTok reported 1B+ MAUs globally  —  TikTok said on Monday the short-video sharing app now has 150 million monthly active users in the United States, up from 100 million it said it had in 2020.
Tim Bradshaw / Financial Times:
Microsoft plans to launch an app store for Android and iOS games as soon as 2024 if regulators clear its $75B Activision bid and the EU's DMA rules take effect  —  Xbox boss Phil Spencer says store could launch as soon as next year if regulators clear Activision Blizzard deal
Ashley Capoot / CNBC:
Microsoft speech recognition subsidiary Nuance debuts Dragon Ambient eXperience Express, which uses GPT-4 to generate clinical note drafts after patient visits  —  - Microsoft and its Nuance Communications subsidiary announced Dragon Ambient eXperience (DAX) Express, a clinical notes application …
Michael Kan / PCMag:
Study: GPT models and related technologies could seriously affect ~19% of workers in the US, with higher-income jobs potentially facing greater exposure  —  Researchers examine how OpenAI's GPT technology could affect the workforce, and find 'the influence spans all wage levels …
Manya Saini / Reuters:
The FDIC plans to break up SVB and hold an auction for its traditional deposits unit and another for its private bank, after failing to find a buyer last week  —  The Federal Deposit Insurance Corporation on Monday decided to break up Silicon Valley Bank (SVB) and hold two separate auctions …
Pete Schroeder / Reuters:
Mike Scarcella / Reuters:
Filing: Google denies intentionally destroying evidence in the US antitrust lawsuit over its search business, in a response to the DOJ's bid for court sanctions  —  Alphabet Inc's (GOOGL.O) Google has denied intentionally destroying evidence in the U.S. Justice Department's antitrust lawsuit …

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Earlier Picks

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Rachel Metz / Bloomberg: