Techmeme
May 7, 2022, 7:10 PM

Top News

New York Times:
Elon Musk's investor pitch deck: grow Twitter revenue 5x to $26.4B, cut ad revenue reliance to <50% by 2028, grow Twitter Blue's users to 69M by 2025, and more  —  Here's what Mr. Musk is projecting for Twitter's finances over the next few years, according to a pitch deck he presented to investors.
Zoë Schiffer / @zoeschiffer:
Ian Goodfellow, Apple's director of ML, is leaving due to its return to work policy, saying in a note that “more flexibility would have been the best policy”  —  Ian Goodfellow, Apple's director of machine learning, is leaving the company due to its return to work policy. In a note to staff, he said “I believe strongly that more flexibility would have been the best policy for my team.” He was likely the company's most cited ML expert.
Financial Times:
Sources: Allen Wu, who was replaced as CEO of Arm China by Liu Renchen, has refused to surrender control amid Shanghai's lockdown, where Arm China's HQ is based  —  Allen Wu refuses to surrender control in extraordinary corporate battle at UK chip designer  —  High in a Shenzhen office tower …
Zachary Boddy / Windows Central:
A major Xbox Network outage is preventing some users from launching games and starting Cloud Gaming sessions; issues related to purchases have been resolved  —  Xbox consoles are temporarily a lot less useful for gaming.  —  Update, May 7, 2022, at 8:50 a.m. CT: The Xbox Network should be working again …
Joe Warminsky / The Record:
The US sanctions cryptocurrency mixing service Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, the first time the US sanctioned a mixer  —  The U.S. Treasury Department on Friday sanctioned a cryptocurrency mixing service for the first time, citing evidence that it was used …
Bill Toulas / BleepingComputer:
UK sanctions Baikal Electronics and MCST, Russia's most important chipmakers, denying them access to the ARM architecture  —  The UK government added 63 Russian entities to its sanction list on Wednesday.  Among them are Baikal Electronics and MCST (Moscow Center of SPARC Technologies), the two most important chip makers in Russia.
Dan Mangan / CNBC:
A California federal judge dismisses Donald Trump's lawsuit seeking to lift his ban from Twitter but may allow an amended complaint to be filed against Twitter  —  - A federal judge dismissed a lawsuit by former President Donald Trump seeking to lift his ban from Twitter.
Olga Kharif / Bloomberg:
As decentralized crypto bridges prove susceptible to hacks, with ~$1B stolen in February and March, centralized exchanges are rushing out bridge-like features  —  High-profile hacks on crypto “bridges” — which let users swap digital tokens across blockchains — are creating opportunities …

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Featured Podcasts

Lenny's Podcast:
Why cultivating agency matters more than cultivating skills in the AI era | Max Schoening (Head of Product, Notion)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
OpenAI's User Growth Miss, Musk vs. Altman, Prediction Market Ban
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Training Data:
OpenAI's Greg Brockman: Why Human Attention Is the New Bottleneck
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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The Upstarts Podcast:
Runway's Cris Valenzuela: Building The Hollywood-Friendly Video AI That OpenAI Couldn't
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Hard Fork:
OpenAI's Big Reset + A.I. in the Doctor's Office + Talkie, a pre-1930s LLM
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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More News

James Vincent / The Verge:

Earlier Picks

Wall Street Journal:
Dan Strumpf / Wall Street Journal:
Aisha Malik / TechCrunch:
Jordan Novet / CNBC:
Kanishka Singh / Reuters: