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May 13, 2023, 9:40 AM
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| Lillian Rizzo / CNBC: |
Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter's CEO, to focus on business operations; Musk will focus on “product design & new technology” — - Former NBCUniversal advertising chief Linda Yaccarino will be Twitter's next CEO.
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LinkedIn:
Evan Shapiro, Sara Fischer, and Shelly DeMotte Kramer. Mastodon:
@Noupside@saturation.social
Tweets:
@shayan86, @dylanbyers, @benmullin, @goldman, @goldman, @rmac18, @semaforben, @maxberger, @pkafka, @karaswisher, @loupas, @teroterotero, @teroterotero, @teroterotero, @teroterotero, @berniespofforth, @naturallyftw, @karaswisher, @dr_nickiw, @caulfieldtim, @richlightshed, @jigolden, @kellblog, @moorehn, @brooke, @leokelion, @sarafischer, @zsk, @rmac18, @nkulw, @steinkobbe, @nycsouthpaw, @om, @danprimack, @danprimack, @sarafischer, @jakewilkns, @tom_winter, @benswann_, @lifebiomedguru, @stoolpresidente, @sawyermerritt, @shawn_farash, @justin_hart, @alexberenson, @maxberger, @maxberger, @wexler, @kerrymflynn, @mollyjongfast, @mattgertz, @pkafka, @jbflint, @daveleebbg, @maxberger, @yashar, @steinkobbe, @maxberger, @eden_holdings, @alexeheath, @garyblack00, @pkafka, @pkafka, @neilcybart, @karlbode, @adhutchinson, @galenward, @gavinpurcell, @ashleygjovik, @alexeheath, @jtoonkel, @erinbiba, @justinbaragona, @kerrymflynn, @ashtonpittman, and @elonmusk
| Washington Post: |
A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets — Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation.
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Mastodon:
@noam@beige.party. Tweets:
@hopeking, @scottmonty, @shannonjoyradio, @aishacounts, and @carlquintanilla
| New York Times: |
A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals' content and gave the CCP “supreme access” — The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content …
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Wall Street Journal, Reuters, Axios, Insider, Bloomberg, Associated Press, The Hill, The Information, PhoneArena, South China Morning Post, The Hollywood Reporter, Neowin, Engadget, and Gizmodo
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@paulg, @matt_schrader_, @matthewstoller, @jacobhelberg, @rabois, @niubi, @mattnavarra, @karissabe, and @sarthakgh
| Tracy Wang / CoinDesk: |
Binance announces its exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the market “no longer tenable” — The world's largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.
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The Block, Inside Bitcoins, Reuters, Bitcoin News, Crypto Daily, Cryptopolitan, iPhone in Canada Blog, Ethereum World News, crypto.news, Tech Startups, Bitcoinist.com, The Information, Cointelegraph, CryptoPotato, Fortune, Watcher Guru, Bloomberg, Coinmonks, CoinJournal, Cryptonews, CoinGape, Canadian Press, CryptoSlate, and The Logic
Tweets:
@binance, @bitfinexed, @jp_koning, and @tradermayne
| Will Douglas Heaven / MIT Technology Review: |
The open-source AI boom is precarious because it is built on top of giant models like LLaMA and GPT-3, and could collapse if Meta and OpenAI decide to shut shop — Greater access to the code behind generative models is fueling innovation. But if top companies get spooked, they could close up shop.
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Livemint. Tweets:
@joehas, @mattrogerson, @fabiochiusi, @csooran, @maxvonthun, @alanlau999, @workmj, @iethics, and @techreview
| Guy Chazan / Financial Times: |
Germany plans to spend billions to subsidize its chip industry and secure the “oil of the 21st century”, as some believe the move does not make economic sense — The Scholz government is spending billions subsidising the country's semiconductor industry. Some believe it does not make economic sense
More:
Nikkei Asia and CNBC
Tweets:
@danobrien20, @laurapitel, @rikefranke, @martijnrasser, @andyatauto, and @codendahl
| Nilay Patel / The Verge: |
An interview with Sundar Pichai on the future of Search, AI being one of the deepest platform shifts, his vision for Google, merging DeepMind, and more — AI is one of the deepest platform shifts ever, says Google's CEO, and he's not worried about being first. — Sundar Pichai is the CEO of Google and Alphabet.
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Bloomberg, Fortune, and Insider
LinkedIn:
Shantha Mohan Ph.D.. Tweets:
@glenngabe, @carlquintanilla, @trungtphan, @tomgara, @ediggs, and @carlquintanilla
| Echo Wang / Reuters: |
Sources: e-commerce marketing platform Klaviyo confidentially files for a US IPO; source: the firm seeks to raise $750M+; Klaviyo was valued at ~$9.5B in 2021 — Data and marketing automation firm Klaviyo Inc confidentially submitted paperwork on Friday with U.S. regulators for an initial public offering … | New York Times: |
Netflix has become an avatar for the striking writers' complaints, as the streaming era eroded working conditions, stagnated wages, and disrupted residual pay — Fear of protests prompted the streaming giant to shift an anticipated presentation for advertisers to a virtual event and a top executive to skip an honorary gala.| Kirsten Korosec / TechCrunch: |
Autonomous delivery startup Nuro will lay off 30% of its workforce, or ~340 people, as part of a restructuring; Nuro laid off 20% of its staff in November 2022 — Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees, across the company as part of a restructuring meant to extend its capital runway.
More:
Engadget
| Wall Street Journal: |
A look at Apple's unusual approach to building its MR headset, which took seven years to develop and which will still be an experimental product at launch — Apple's soon-to-be-revealed mixed-reality device will likely cost $3,000, requires a separate battery pack and is still experimental
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Philip Elmer‑DeWitt, TechRadar, 9to5Mac, BGR, and MacDailyNews
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@counternotions, @landerswsj, @steven_aquino, @jetscott, @wsj, @harrymccracken, @steven_aquino, and @vadimyuryev
| Wall Street Journal: |
Law firms and companies' legal teams are experimenting with AI tools that can handle work done by entry-level lawyers, potentially reducing billable hours — Lawyers start to use GPT-4 technology to do legal research, draft documents and analyze contracts — Big law firms …
LinkedIn:
Elizabeth Smith, Damien Riehl, and Dazza Greenwood
Tweets:
@ajtoce, @adamsinger, @pt, @petehotchkiss, @yoda, @ashleygjovik, @wsj, and @casetext
Sponsor Posts
Google:
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