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November 22, 2023, 3:55 AM
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Top News

Ina Fried / Axios:
OpenAI reaches a deal in principle for Sam Altman to return as CEO, with an initial board of Bret Taylor as Chair alongside Larry Summers and Adam D'Angelo  —  OpenAI said late Tuesday that it had reached a deal in principle for Sam Altman to return as CEO, with a new board chaired by former Salesforce president Bret Taylor.
The Verge:
Source: OpenAI's initial board will vet and appoint a new formal board of up to 9 people; Microsoft and Sam Altman will likely have seats on the formal board  —  Sam Altman will return as CEO of OpenAI, overcoming an attempted boardroom coup that sent the company into chaos over the past several days.
New York Times:
Sources: before his ousting, Sam Altman made a move to push out board member Helen Toner because he thought a paper she had co-written was critical of OpenAI  —  Sam Altman attacked a member over a research paper that discussed the company, while directors disagreed about who should fill board vacancies open for months.
Wall Street Journal:
OpenAI insiders and other sources describe the turmoil within OpenAI following Sam Altman's ousting and how Altman's supporters rallied behind him  —  A fired CEO, middle-finger emojis and the battle royale over the future of artificial intelligence  —  Sam Altman was in Las Vegas …
CNBC:
Binance and CZ plead guilty to federal charges as part of a $4.3B settlement with the US DOJ; charges include violating sanctions and anti-money laundering laws  —  - The U.S. Department of Justice has brought criminal charges against Binance and its billionaire founder and CEO, Changpeng Zhao.
Wall Street Journal:
Filing: Changpeng Zhao agrees to pay a criminal fine of $50M and can retain his majority ownership of Binance but can't hold an executive role at the company  —  Zhao's crypto exchange will also admit wrongdoing and agree to pay $4.3 billion in fines  —  The chief executive of Binance …
@cz_binance:
Changpeng Zhao steps down as CEO of Binance, and Richard Teng, formerly the Global Head of Regional Markets, has been named CEO  —  Today, I stepped down as CEO of Binance.  Admittedly, it was not easy to let go emotionally.  But I know it is the right thing to do.  I made mistakes, and I must take responsibility.
Jordan Novet / CNBC:
Nvidia reports Q3 revenue up 206% YoY to $18.12B, vs. $16.18B est., Data Center revenue up 279% YoY to $14.51B, and net income up 1,259% YoY to $9.2B  —  - Nvidia's results surpassed analysts' projections for revenue and income in the fiscal fourth quarter.
Kyle Wiggers / TechCrunch:
Greg Brockman says that ChatGPT's voice narration feature is now available to all free users  —  Ex-OpenAI president Greg Brockman — who, as far as we're aware, isn't currently employed at OpenAI in any capacity — is posting updates about OpenAI products on X, including one today …
Kristi Hines / Search Engine Journal:
Anthropic debuts Claude 2.1, offering a context window of up to 200K tokens, or ~150K words, a claimed 50%+ increase in accuracy, new API integrations, and more  —  Claude 2.1 boasts a 150K word context window to parse long documents, 50%+ accuracy gains, early support for tool integration, and more.
Mark Gurman / Bloomberg:
Sources: Sonos to make a long-awaited push into headphones with a $400 model coming as early as April, is working on a video service and streaming device, more  —  - Company plans to compete with Bose and Apple with headphones  — New Roam speaker, high-end sound bar and video service coming
Anel Islamovic / Stability AI:
Stability AI releases Stable Video Diffusion in research preview, its first foundation model for generative video based on the Stable Diffusion image model  —  Today, we are releasing Stable Video Diffusion, our first foundation model for generative video based on the image model Stable Diffusion.
Diane Bartz / Reuters:
In a letter to Elon Musk, 27 US lawmakers, all Democrats, express concern that X seems to be profiting from anti-Israel propaganda via ads and subscriptions  —  A group of 27 U.S. lawmakers, all Democrats, wrote to X owner Elon Musk on Tuesday to express concern the platform seemed to be profiting …
Reuters:
The US FTC approves a new resolution to streamline investigations of cases where AI is used to break the law  —  Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process approved by the U.S. Federal Trade Commission, the agency said on Tuesday.
The Information:
Tiger Global Management's Scott Shleifer will transition from his role leading private investments to a senior adviser role, effective January 1, 2024  —  Scott Shleifer, a key architect of Tiger Global Management's aggressive private tech dealmaking during the 2020-2022 startup boom …

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This is a Techmeme archive page. It shows how the site appeared at 3:55 AM ET, November 22, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody

Robbie Whelan / Wall Street Journal:
Disney reports Q4 revenue up 6% YoY to $22.6B, TV network revenue down 6% YoY to $2.5B, and a $321M DTC streaming profit, up from a $387M loss in Q4 2023

Alex Weprin / The Hollywood Reporter:
CEOs at Nexstar, Sinclair, and Tegna, plus some analysts, say they expect deregulation and consolidation in the broadcast TV industry under Trump's FCC

More News

Earlier Picks

Olivia Solon / Bloomberg:
Palantir and Accenture win a £480M NHS contract to overhaul the UK's patient data system; some worry about privacy as patients can't opt out of data sharing
Tate Ryan-Mosley / MIT Technology Review:
Meta releases its Content Library and an API, letting select researchers more easily access non-downloadable data via a virtual “clean room”, after a beta
More: Meta and Transparency Center
Threads: @crumbler.  X: @typewriters and @nickclegg.  LinkedIn: Eric Porterfield
Washington Post:
Investigation: as Amazon and Netflix back down on daring films, self-censorship pervades the Indian streaming industry due to pressure from Modi's ruling BJP
Nikhilesh De / CoinDesk:
In a lawsuit, the US SEC accuses Kraken of commingling customer and corporate funds while operating as an unregistered broker, clearing agency, and dealer
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