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May 11, 2023, 9:25 PM
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memeorandum
WeSmirchTop News
| Elon Musk / @elonmusk: |
Elon Musk says he hired a CEO for X/Twitter and “she will be starting in ~6 weeks”; Musk will become “exec chair & CTO” overseeing “product, software, & sysops” — Excited to announce that I've hired a new CEO for X/Twitter. She will be starting in ~6 weeks! My role will transition to being exec chair & CTO, overseeing product, software & sysops. https://twitter.com/...
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Reuters, Associated Press, Insider, The Verge, TechCrunch, Vox, Livemint, CNBC, PYMNTS.com, Insider, The i Paper, The Guardian, Financial Times, CoinDesk, NPR, Gizmodo, PCMag, MarketWatch, Digital Trends, The Hill, Cryptopolitan, New York Post, Newser, AppleInsider, Wall Street Journal, USA Today, Tech.co, Washington Post, Bloomberg, Barron's Online, Engadget, Social Media Today, Cointelegraph, Appuals.com, MobileSyrup, Fortune, Quartz, BBC, NewsBTC, The Apple Post, Mashable, Wccftech, SlashGear, Electrek, BGR, Watcher Guru, Bitcoinist.com, Tech Startups, Variety, Neowin, Fast Company, and CryptoSlate
Mastodon:
@thedextriarchy@mastodon …. Tweets:
@karaswisher, @karaswisher, @phil_lewis_, @goangelo, @kberkopes, @aishacounts, @edzitron, @fonsdk, @karaswisher, @charlesarthur, @yellowflashguy, @martinsfp, @drewb, @asilbwrites, @danprimack, @drewb, @parikpatelcfa, @junlper, @kreichley, @ejselley, @mgsiegler, @zxxivmusk, @roxdtvc, @yair_rosenberg, @attorneynora, @emptywheel, @garyblack00, @lanceulanoff, @nichcarlson, and @dylanbyers. Thanks:@chirag_mehta
| Wall Street Journal: |
Sources: NBCUniversal's head of advertising Linda Yaccarino is in talks to become the new CEO of Twitter — Twitter owner Elon Musk said earlier he had picked a new chief executive, without naming the person — NBCUniversal's head of advertising Linda Yaccarino is in talks to become …
More:
New York Times, Insider, Fortune, The Verge, Axios, Variety, Reuters, Associated Press, CNN, Adweek, Deadline, NBC News, The Information, Fox Business, San Francisco Business Journal, Bloomberg, and Barron's Online
| Kyle Wiggers / TechCrunch: |
Anthropic expands Claude's context window from 9K to 100K tokens, or ~75K words it can digest and analyze; OpenAI's GPT-4 has a context window of ~32K tokens — Historically and even today, poor memory has been an impediment to the usefulness of text-generating AI.
More:
Anthropic and Computerworld
Tweets:
@anthropicai, @mathemagic1an, @karinanguyen_, @_akhaliq, @anthropicai, @mattshumer_, @beyang, @jonst0kes, @criticalai, @bowtiedrobin, @patrickjblum, @emostaque, @omarsar0, @goodside, @jerryjliu0, @mlpowered, @itsandrewgao, @simonw, @bentossell, @wintonark, @alexgraveley, @abacaj, @seconds_0, @matthewclifford, @nonmayorpete, @gestaltu, @kevinafischer, and @azeem
| Reuters: |
EU lawmakers agree to ban facial recognition use in public and predictive policing tools, and set transparency rules on generative AI; details must be finalized — European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT …
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The Verge, European Parliament, TechCrunch, TNW, Euractiv, Ars Technica, Fortune, OnMSFT.com, Cryptopolitan, PYMNTS.com, SiliconANGLE, Watcher Guru, Fox Business, Insider, Cointelegraph, Politico, Financial Times, and PC Gamer
Tweets:
@jjvincent, @ndiakopoulos, @ndiakopoulos, @bertuzluca, @ndiakopoulos, @europarlpress, @jduch, @bertuzluca, @guyverhofstadt, and @sarahchander
| James Cirrone / Blockworks: |
Coinbase apologizes for its newsletter calling Pepe the Frog a “hate symbol”, saying its overview “did not provide the whole picture of the history of the meme” — Coinbase has come out with an apology for its recent newsletter suggesting Pepe the Frog was a “hate symbol.”
More:
DL News, Cryptopolitan, Cointelegraph, CoinGape, Fortune, Ethereum World News, CoinDesk, nft now, Protos, The Block, Finbold, and Metaverse Post
Tweets:
@iampaulgrewal, @beeple, @allrylhedup, @mrpunkdoteth, @pepelangelo, and @realcryptojuice
| Ivan Mehta / TechCrunch: |
Meta announces AI Sandbox, with generative AI tools to help select advertisers create text variations, background images from text, and cropped images — Meta today announced an AI Sandbox for advertisers to help them create alternative copies, background generation through text prompts …
More:
Facebook, Reuters, AdExchanger, Livemint, The Information, Decrypt, MarketWatch, Social Media Today, SiliconANGLE, CNBC, Marketing Dive, Ad Age, MobileSyrup, Observer, and Insider
Tweets:
@metanewsroom and @theo_wayt
| Ryan Dinsdale / IGN: |
Riot Games names its global president A. Dylan Jadeja as the company's new CEO starting later in 2023, succeeding Nicolo Laurent, who will stay on as an advisor — Succeeding Nicolo Laurent. — IGN can reveal that Riot Games global president A. Dylan Jadeja will succeed Nicolo Laurent as the company's CEO later this year.
More:
Riot Games, VentureBeat, GamesIndustry.biz, GamesRadar, Dexerto, Dot Esports, and Bloomberg
LinkedIn:
Jeff Poss and Andy Kleinman
Tweets:
@niiicolo, @tizatryhards, @avvjain, @emmandabomb, @riotmagus, @alexqwok, @dszajnuk, @soupychloe, @niiicolo, @almostjoshua, @marcmerrill, @riotballerina, @riotgames, @gaudep, and @borakocyigit
| Alvise Armellini / Reuters: |
Italy's AGCM opens an investigation into Apple over exempting its own apps from ATT, a day after the EU confirmed sending Apple Pay questionnaires to retailers — Italy's antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple (AAPL.O) for alleged abuse of its dominant position in the apps market.| Jack Schickler / CoinDesk: |
A US judge rules that nearly $300M in BlockFi's wallets belong to clients, not the bankrupt lender's estate; $375M in interest-bearing accounts is the estate's — A further $375 million that users tried to transfer out of interest-bearing accounts after Nov. 10 still belongs to the estate, Bankruptcy Judge Michael Kaplan said
More:
Bloomberg, Reuters, Cointelegraph, Blockworks, Ethereum World News, Bitcoinist.com, and The Block
| Matthew Gault / VICE: |
Twitter appears to disable autocomplete in its search bar after users pointed out that the feature was recommending gory videos of animal abuse and war footage — Searching for dog and cat videos returned horrifying results. — Matthew Gault — Twitter has disabled autocomplete …
More:
MobileSyrup. Mastodon:
@grumpasaurus@fosstodon.org. Tweets:
@oneunderscore__, @phmai, @mountainherder, @katienotopoulos, and @thejasonkirk
| Ingrid Lunden / TechCrunch: |
Germany's Wingcopter, a drone delivery startup specializing in medical supplies, raised €40M from the European Investment Bank, taking its total raised to €100M — Wingcopter, a startup out of Germany that has made a name for itself in the world of delivery drones used primarily …
More:
Wingcopter, TNW, SiliconANGLE, and FinSMEs
| Jagmeet Singh / TechCrunch: |
WhatsApp rolls out back-end updates to tackle spam calls, particularly prevalent in India, using its AI and ML systems, hoping to reduce the spam calls by 50%+ — WhatsApp has announced that it has introduced back-end updates to tackle spam calls, which are particularly prevalent in India right now.| Jackie Davalos / Bloomberg: |
Lyft discontinues pooled rides as “they take people out of their way”, one of many product changes CEO David Risher has made since taking over in April 2023 — Lyft Inc. is officially discontinuing shared rides, the latest change the ride-hailing company's new chief executive officer … | Sean Hollister / The Verge: |
Review of the $700 Asus ROG Ally: fast performance and a smooth variable refresh screen, but Windows is hard to use on a handheld and the UI has major glitches — A big step forward for Windows handhelds — but is Windows the way forward at all? … Windows handheld gaming PCs existed before the Deck …
More:
Xbox Wire, IGN, PCMag, Windows Central, Digital Trends, PC Gamer, Ars Technica, MobileSyrup, Rock, Paper, Shotgun, Press Start, Dexerto, Polygon, Pure Xbox, Wired, Liliputing, XDA Developers, Gameranx, Eurogamer.net, BigTechWire, TalkAndroid.com, Mashable, iPhone in Canada Blog, The Verge, VG247, Guru3D.com, Wccftech, SlashGear, Thurrott, Tech Advisor, Destructoid, VentureBeat, Engadget, Laptop Mag, OnMSFT.com, TweakTown, Phoronix, and GameSpot
Mastodon:
@seanhollister@mastodon.world. Tweets:
@lukeplunkett, @gamr12, @retrogamecorps, and @fanthedeck
| Siddharth Venkataramakrishnan / Financial Times: |
Revolut CFO Mikko Salovaara plans to leave “for personal reasons” after two years; documents and LinkedIn show CEO James Radford left the company in March 2023 — Exits of Mikko Salovaara and James Radford follow last year's exodus of executives
More:
CNBC, Crowdfund Insider, Bloomberg, Tech Startups, Reuters, Finextra, and PYMNTS.com. Tweets:
@ryan_browne_
| Bloomberg: |
SoftBank reports Vision Fund lost ~$2B in Q4, down from ~$16B in Q4 2022, leading to a record ~$32B full fiscal year loss; investments in the year fell to ~$3B — SoftBank Group Corp. lost money in its Vision Fund investment unit again despite a rebound in tech stocks …
More:
Wall Street Journal, The Information, Financial Times, CNBC, Crunchbase News, Nikkei Asia, Insider, PitchBook, Coinspeaker, Quartz, City A.M., TechCrunch, Trak.in, and Reuters
LinkedIn:
Ethan Tan. Tweets:
@will_decotiis, @convertbond, @markdistef, @davemcclure, @pelstrom, @naijaflyingdr, @silvermanjacob, @gregbensinger, and @lisaabramowicz1
| Ted Chiang / New Yorker: |
Similar to McKinsey and other consulting firms, AI advancements may help concentrate wealth, disempower workers, and “sharpen the knife blade of capitalism” — As it's currently imagined, the technology promises to concentrate wealth and disempower workers. Is an alternative possible?
Mastodon:
@cblgh@merveilles.town. Tweets:
@jjvincent, @henderson_joe, @bcmerchant, @danmcquillan, @elliemarney, @chrispolpsych, @tozozozo, @helenlohara, @artificialnix, @delia_cai, @delia_cai, and @hardmaru
| Jamie Crawley / CoinDesk: |
Robinhood reports $38M in Q1 2023 crypto trading revenue, down 30% YoY and down 1% QoQ, and ~$11.5B worth of crypto in assets under custody, up 36% from Q4 2022 — The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% versus the fourth quarter.| CNBC: |
Sensor Tower: Bluesky had 628K mobile downloads in April 2023, up 606% from March, when its Android app launched, in addition to iOS; Mastodon had 90K downloads — - Bluesky has exploded in popularity over the past few months as measured by the number of mobile app downloads on both iOS and Android platforms.
More:
The Information and Livemint
| Ryan Gallagher / Bloomberg: |
A look at Tel Aviv-based Rayzone, whose surveillance system Echo, sold to governments globally, harvests and repurposes ad data to track people via their phones — The innovation at the heart of the advertising technology industry is automated auctions to trade real-time data about mobile phone users …
Tweets:
@jsrailton, @rj_gallagher, @lhfang, @ronwyden, and @nervusbelli
| Akash Sriram / Reuters: |
Crosspoint Capital Partners plans to acquire Canadian cybersecurity company Absolute Software for $657M, or a 34% premium to the US-listed stock's last close — Canada's Absolute Software (ABST.TO) said on Thursday it had agreed to be taken private by Crosspoint Capital Partners for $657 million …
More:
SiliconANGLE, Absolute Software Corporation, and Tech Startups
| Tiyashi Datta / Reuters: |
JD.com reports Q1 revenue up 1% YoY to ~$35B, beating analyst estimates, and a ~$903M net income, compared to a ~$555M net loss in Q1 2022 — China's e-commerce giant JD.com Inc (9618.HK), said on Thursday its chief executive Xu Lei will step down, with the company's chief financial officer taking on the role.
More:
MarketWatch, PingWest, Tech in Asia, and Reuters
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