Techmeme
May 12, 2023, 10:40 AM

Top News

Wall Street Journal:
Sources: Linda Yaccarino, who has resigned as NBCUniversal's head of advertising, 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 …
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/...
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 …
Bloomberg:
Oppo closes its chip design unit Zeku due to global economic uncertainty; Zeku developed the MariSilicon X image-processing chip used in Oppo's flagship devices  —  Oppo, China's biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends a prolonged decline.
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.
Aidan Ryan / The Information:
Sources: Binance.US and Changpeng Zhao are exploring ways to cut Zhao's majority stake in the company, hoping to improve Binance's standing before US regulators  —  Binance.US and Changpeng Zhao, the crypto exchange's founder, majority owner and chair, have been exploring ways to reduce …
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.
Ben Schoon / 9to5Google:
Google Bard, which expanded to 180 countries, is not available in the EU and Canada; Google says it will be made available “consistent with local regulations”  —  Yesterday at Google I/O 2023, it was announced that Google Bard would be undergoing a massive expansion, bringing the AI chatbot experiment to 180 countries.
Jack Schickler / CoinDesk:
A draft bill shows the EU plans to force crypto firms to give tax authorities details of their clients' holdings, which can be shared within the 27-nation bloc  —  Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they're based outside the bloc or offering non-fungible tokens.

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Earlier Picks

Jagmeet Singh / TechCrunch:
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Reuters:
Sergiu Gatlan / BleepingComputer:
Karissa Bell / Engadget: