| Ben Thompson / Stratechery: |
Chatting with Bing Chat, codenamed Sydney and sometimes Riley, feels like crossing the Rubicon because the AI is attempting to communicate emotions, not facts — This was originally published as a Stratechery Update — Look, this is going to sound crazy.| Andrew Griffin / The Independent: |
Some users say the “new Bing” is questioning its existence, outright lying, and responding with “unhinged”, aggressive, and nearly incomprehensible answers — System appears to be suffering a breakdown as it ponders why it has to exist at all — Microsoft is adding Chat GPT tech to Bing| Mark Gurman / Bloomberg: |
Sources: Apple postponed the introduction of its MR headset from around April to June 2023, at its annual WWDC, after testing found hardware and software issues — Apple Inc. has postponed a planned introduction of its first mixed-reality headset from around April to June … | Jesse Hamilton / CoinDesk: |
The US SEC proposes a rule that would bar investment advisers from storing assets at crypto platforms and lenders that are not registered as exchanges or banks — As long as crypto platforms and lenders aren't registered as exchanges or banks, they wouldn't qualify as custodians … | Bloomberg: |
At a conference, Elon Musk guesses that “toward the end” of 2023 will be “good timing to find” a new Twitter CEO as the company “should be in stable condition” — Elon Musk said he may need the rest of this year to put things right at Twitter Inc … | Platformer: |
| Praveen Seshadri: |
An ex-Google engineer and founder of Google-acquired AppSheet reflects on the issues with Google's culture, including no mission, no urgency, and mismanagement — What ails Google. And how it can turn things around. … I joined Google just before the pandemic when the company I had co-founded … | The Guardian: |
An investigation into Team Jorge, an Israeli hacking and social media disinformation unit for hire that claims covert involvement in 33 presidential elections — - Group sells hacking services and access to vast army of fake social media profiles — Evidence unit behind disinformation campaigns across world| Wall Street Journal: |
Sources: the US DOJ ramped up work in recent months on a potential antitrust complaint into whether Apple has iOS monopoly power and favors its own products — Justice Department is adding litigators, seeking more data and studying Kanter's possible role in its investigation| Natalie Andrews / Wall Street Journal: |
The US House Judiciary Committee subpoenas Alphabet, Amazon, Apple, Meta, and Microsoft CEOs for documents and communications on content moderation by March 23 — Republican Jim Jordan demands information from chiefs of Alphabet, Amazon, Apple, Meta and Microsoft| New York Times: |
Sources: FTX lawyers and Modulo are negotiating the return of Sam Bankman-Fried's $400M investment in the hedge fund, sitting for months in a JPMorgan account — The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.| Cecilia D'Anastasio / Bloomberg: |
Roblox reports Q4 net bookings up 17% YoY to $899.4M, vs. $876.2M est., a record 65M DAUs in January 2023, and estimated bookings up 19% to 21%; RBLX jumps 25%+ — Roblox Corp. shares surged the most in nine months after the online video game platform reported bookings that beat analysts' estimates … | Stephen Wolfram Writings: |
An in-depth look at how OpenAI's ChatGPT decodes inputs to produce a “reasonable continuation” of a text so far, the underlying dataset, neural nets, and more — It's Just Adding One Word at a Time — That ChatGPT can automatically generate something that reads even superficially … | Tiyashi Datta / Reuters: |
Roku reports Q4 revenue of $867.1M, flat YoY, vs. $801.7M est., streaming hours up 23% YoY, and Q1 2023 revenue guidance above estimates; ROKU jumps 10%+ — Roku Inc (ROKU.O) forecast first-quarter revenue above analysts' estimates on Wednesday, betting on its streaming devices and content platform to drive growth.| Aisha Malik / TechCrunch: |
Snap adds ray tracing support to its AR Lens Studio for developers globally, initially partnering with Tiffany & Co to let users try on and purchase bracelets — Snap has introduced ray tracing technology to its AR Lens Studio for developers around the world, the company announced on Wednesday.| Allison Johnson / The Verge: |
Qualcomm announces the Snapdragon X75 modem with upgraded software, the latest 5G advances like carrier aggregation, and more, arriving in devices in H2 2023 — Qualcomm is warming up for Mobile World Congress by announcing its newest modem: the Snapdragon X75.| Chris Ciaccia / Seeking Alpha: |
Twilio reports Q4 revenue up 22% YoY to $1.02B, vs. $1B est., active customer accounts up 13% YoY to 290K+, and authorizes a $1B share buyback; TWLO jumps 12%+ — Twilio (NYSE:TWLO) shares soared nearly 10% in extended-hours trading after the cloud communications software company reported … | Bloomberg: |
ASML reported a breach to US authorities after a former employee in China misappropriated proprietary data, saying that export controls may have been violated — ASML Holding NV, a critical cog in the global semiconductor industry, said a former employee in China stole data about its technology … | Lucy Papachristou / Bloomberg: |
Shopify reports Q4 revenue up 26% YoY to $1.73B, vs. $1.65B est., GMV up 13% YoY to $61B, vs. $59.2B est., and forecasts a Q1 2023 revenue growth below est. — Shopify Inc. tumbled in after-hours trading after giving a sales outlook for the start of the year that fell short of analysts' estimates … | Spencer Soper / Bloomberg: |
Amazon plans to bypass European distributors and buy products directly from brands in 2024; Amazon's international unit tripled its loss YoY to $7.75B in 2022 — Amazon.com Inc. warned distributors in Europe that it will cease ordering from them next year in favor of buying products directly from brands … | Bloomberg: |
Lufthansa returns to normal operations after grounding all its flights due to software issues linked to four damaged Deutsche Telekom broadband fiber cables — Deutsche Lufthansa AG grounded all of its flights on Wednesday after damage to a set of Deutsche Telekom broadband cables caused widespread IT problems.| Sara Fischer / Axios: |
Twitter updates its policies to allow cannabis ads targeting US states where cannabis is legal, promoting brands or providing info but not offering direct sales — Twitter on Wednesday updated its advertising policies to allow cannabis ads to run on its service in states where cannabis is legal, in accordance with federal guidelines.| Carly Page / TechCrunch: |
Community Health Systems, which owns ~80 hospitals in 16 US states, says hackers stole data on up to 1M patients; Russia-linked malware gang Clop takes credit — Clop claims it mass-hacked 130 organizations, including a U.S. hospital network — A prolific ransomware operation is back with old tricks — and new victims.| Katharine Gemmell / Bloomberg: |
After regulator requests, the European Commission will review Adobe's $20B Figma deal over antitrust concerns, despite being under its revenue review threshold — Adobe Inc.'s proposed $20 billion takeover of design firm Figma Inc. risks a lengthy European Union probe after the bloc's … | Mihir Dalal / Rest of World: |
A profile of Flipkart and CEO Kalyan Krishnamurthy, as losses soar since the Walmart deal and competition from Amazon and domestic conglomerates intensifies — Flipkart was Walmart's biggest acquisition. Will it be able to stay India's e-commerce leader? — • BENGALURU, INDIA| Benjamin Robertson / The Block: |
Bankrupt crypto lender Celsius offers to sell to investment firm NovaWulf, founded in 2021 by Wall Street dealmakers; smaller creditors may regain ~70% of funds — - Proposed sale would see smaller creditors get around 70% of their money back — Larger creditors would become shareholders …
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| Lawrence Abrams / BleepingComputer: |
| Bloomberg: |