Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
February 12, 2023, 10:20 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Financial Times:
Sources: Meta delayed finalizing multiple teams' budgets while preparing a fresh round of job cuts, slowing down projects even for the metaverse and advertising  —  Mark Zuckerberg's aim of wrestling costs in his ‘year of efficiency’ causes disruption at the social media company
Wall Street Journal:
Sources: the SEC has told Paxos it plans to sue the crypto firm, alleging the Binance USD stablecoin, which it issues and lists, is an unregistered security  —  The agency has been intensifying its enforcement of major crypto players  —  The Securities and Exchange Commission …
Emma Roth / The Verge:
Opera says it is testing a new ChatGPT-powered “shorten” feature in its browser that provides bulleted summaries of articles or webpages in the sidebar  —  The feature, called “shorten,” is part of the company's broader plans to integrate AI tools into its browser, similar to what Microsoft's doing with Edge.
Mark Gurman / Bloomberg:
Inside Apple's efforts to develop new financial services, which have suffered from slow progress and missed deadlines due to engineering and technical setbacks  —  Apple's slate of new financial services — including “buy now, pay later” offerings, savings accounts and an iPhone subscription program — have hit delays.
Steve Nadis / Quanta Magazine:
A look at “liquid” neural nets, which change their underlying algorithms based on observed inputs, making them more flexible than standard ML neural networks  —  “Liquid” neural nets, based on a worm's nervous system, can transform their underlying algorithms on the fly, giving them unprecedented speed and adaptability.
Tiffany Hsu / New York Times:
How a slowing digital ad market, Apple's ATT changes, tech companies' internal turmoil, weak content moderation, and more are contributing to a junk ad epidemic  —  Scrolling past ads has rarely been enjoyable.  But in recent months, people say the experience seems so much worse.
Wall Street Journal:
IDC: ByteDance's Pico more than tripled its share of the global VR market YoY to ~15% by Q3 2022 while Meta's share fell from 90% to ~75% in the same period  —  Pico, owned by ByteDance, has increased shipments of VR headsets as it attempts to compete with Meta's Quest 2  —  How TikTok Could Become a U.S. Company
Jennifer Elias / CNBC:
Google staff criticize company leadership over the Bard announcement, calling the unveiling “botched”, “myopic”, and “un-Googley” on the internal forum Memegen  —  - Google employees took to Memegen this week, filling the message repository with criticisms …
Charlotte Van Campenhout / Reuters:
An advertising joint venture by Deutsche Telekom, Orange, Telefonica, and Vodafone to rival Meta and Google wins unconditional EU antitrust approval  —  Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and Vodafone (VOD.L) on Friday secured unconditional EU antitrust approval …
Clare Duffy / CNN:
Pathmatics estimates the monthly revenue from Twitter's top 1,000 advertisers fell 60%+ from around $127M in October 2022 to just over $48M by January 25, 2023  —  New York CNN —  —  More than half of Twitter's top 1,000 advertisers in September were no longer spending on the platform …
Jonathan Greig / The Record:
The City of Oakland confirms reports of a ransomware attack on its networks but says that 911, financial data, and fire and emergency resources weren't impacted  —  The City of Oakland confirmed reports that its networks had been hit with ransomware after rumors emerged online that several agencies …
Jonathan Vanian / CNBC:
Meta's ad targeting restrictions and Amazon's ad product investments are leading brands to shift ad budgets to Amazon; Amazon's ad business grew 19% YoY in Q4  —  - Facebook's more limited targeted capabilities coupled with Amazon's investment in ads products is leading a growing number of brands to shift their ad budgets.

Sponsor Posts

ElevenLabs:
ElevenAgents by ElevenLabs  —  You know us for voice.  Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency.  Hear it for yourself.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
Build vs Buy Embedded Analytics: The Decision That Defines Your Product Roadmap  —  Every SaaS product team eventually hits the analytics wall.  Your customers want insights inside your app.  Your roadmap has no room to spare.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Hard Fork:
 The Future of Addictive Design + Going Deep at DeepMind + HatGPT
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.
Subscribe to Hard Fork.
Great Chat:
 Go touch some grass (but don't tweet about it)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Lenny's Podcast:
 An AI state of the union: We've passed the inflection point, dark factories are coming, and automation timelines | Simon Willison
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Access:
 The future of AI might be on your finger
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Upstarts Podcast:
 Axiom's Carina Hong: Solving Math's Hardest Problems With AI, And AI's Problems With Math
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.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
 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.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:20 PM ET, February 12, 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

Angela Fu / Poynter:
AI company Nota is shutting down its network of 11 local news sites for “underserved communities” because they contained dozens of instances of plagiarism

Sara Guaglione / Digiday:
WaPo has launched its creator network, where half a dozen creators will launch new series every few weeks in different verticals and retain IP ownership

Variety:
Sources: the legal team for Paramount President Jeff Shell has engaged in preliminary talks about a possible exit from the company, where he was hired in 2024

More News

Louise Matsakis / Semafor:
Sources: TikTok's Internal Audit team that spied on journalists had wide investigative powers with little oversight; ByteDance says it's restructuring the team
Antonio Olivo / Washington Post:
Some local legislators and residents in Northern Virginia, home to ~275 data centers with dozens more planned, complain of land use, cooling fan noise, and more

Earlier Picks

Benedict Evans:
A 2023 overview of macro tech trends, focusing on the e-commerce slowdown, layoffs, Amazon, advertising, and generative AI opportunities beyond text and images
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter