Techmeme
April 4, 2023, 6:55 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans to eliminate a small number of its corporate retail staff, marking its first known cuts since embarking on a belt-tightening effort in 2022  —  Apple Inc. is eliminating a small number of roles within its corporate retail teams, according to people with knowledge of the matter …
Alex Wilhelm / TechCrunch:
Dogecoin's price spikes 25%+ after Twitter replaces its bird logo with a doge image; Elon Musk is fighting to get a dogecoin-related lawsuit dismissed  —  Today Twitter users are noticing that an image of a dog has been added to a place of prominence.  You can see it for yourself on Twitter.com, where you will be greeted with a pup:
Krisztian Sandor / CoinDesk:
DeFi lending protocol Euler says all “recoverable funds” stolen in its ~$200M exploit have been returned; blockchain data shows the hacker apologized last week  —  Culprit had already apologized.  —  The hacker responsible for roiling Euler Finance by draining some $200 million …
Becky Peterson / The Information:
The Saudi Public Investment Fund lists ~35 of its partnerships with US VC firms, like a16z, Coatue, Craft Ventures, Iconiq, Insight Partners, and Human Capital  —  For several years, venture capital firms have been cagey about whether they have raised money from Saudi Arabia …
James Vincent / The Verge:
Stanford's AI Index: in 2022, industry produced 32 notable ML models compared to academia's three, global private investment fell 26.7% YoY to $91.9B, and more  —  An annual report on AI progress has highlighted the increasing dominance of industry players over academia and government in deploying and safeguarding AI applications.
Angus Whitley / Bloomberg:
Australia bans TikTok from government-issued devices, joining the US, the UK, the Netherlands, Canada, France, and others in taking action against the platform  —  Australia banned TikTok from government-issued devices, joining the growing list of nations concerned about security threats posed …
Jennifer Elias / CNBC:
Documents: Google cuts back on fitness classes, tape, staplers, and the frequency of staff laptop replacements; non-engineers will get a Chromebook by default  —  - In a rare companywide memo from CFO Ruth Porat, Google kicked off “multi-year” employee service cuts.
Kim Masters / The Hollywood Reporter:
Many current and former Amazon executives, showrunners, and agents say Amazon Studios is confusing and frustrating; one showrunner says Studios has “no vision”  —  Despite ambitious bets like ‘Daisy Jones & The Six’ and the upcoming ‘Citadel,’ insiders complain that there's still …

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Earlier Picks

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