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March 3, 2023, 2:50 PM
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| Matt Day / Bloomberg: |
Amazon pauses second phase of construction of its HQ2 in Virginia as it reassesses office needs following its deepest-ever job cuts; phase one nears completion — Amazon.com Inc. is pausing construction on its sprawling second headquarters near Washington, a decision that coincides …
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Mastodon: @elkmovie@mastodon.social. Tweets: @mattmday, @jangelooff, @g_meslin, @aoc, @dceiver, @davidclinchnews, @eliotwb, @ylanmui, @danrshafer, @waltmossberg, @hshaban, @nkulw, @producercities, @sengianaris, @igorbobic, @pat_garofalo, @karlbode, @danprimack, @elwasson, @themaxburns, and @biancoresearch
| Mitchell Clark / The Verge: |
Meta cuts the price of Quest Pro, its mixed and virtual reality headset focused on business users, from $1,500 to $1,000; 256GB Quest 2 drops from $500 to $430 — Mark Zuckerberg has announced that the Meta Quest Pro, the company's mixed and virtual reality headset focused on business users …
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Tweets: @chrisbrogan, @neowinfeed, @metanewsroom, and @jetscott
| Axios: |
Sources: Founders Fund cut the size of its Fund VIII, which hasn't begun deploying capital, from ~$1.8B to ~$900M; the money will be pushed to its ninth fund — Founders Fund has quietly cut the size of its eighth venture capital fund in half, from around $1.8 billion to around $900 million, Axios has learned from multiple sources.
Tweets: @samirkaji, @immad, @tmrohan, @danprimack, @danprimack, @pitdesi, @danprimack, @curiousjorge65, and @cortessteve
| Wall Street Journal: |
Internal docs detail efforts by Tether Holdings and Bitfinex to maintain access to the global banking system by using shadowy intermediaries and shell companies — Tether Holdings and related crypto broker obscured identities, documents show — In late 2018, the companies behind …
Tweets: @cduhaime, @cduhaime, @smdiehl, @molly0xfff, @bitfinexed, and @kamikaz_eth
| New York Times: |
US lawmakers warn about AI, but few are trying regulation and many struggle to understand the tech and its dangers; EU policymakers proposed AI rules in 2021 — Tech innovations are again racing ahead of Washington's ability to regulate them, lawmakers and A.I. experts said.| Bloomberg: |
Sources: Foxconn plans to invest ~$700M to build a plant for iPhone parts on a 300-acre site in Bengaluru, India; the plant is expected to create ~100K jobs — Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production …
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Tweets: @economictimes, @peterzeihan, @akams_, @radcentrism, and @joshipralhad
| Erik Schatzker / Bloomberg: |
Coinbase acquires One River, a crypto asset management startup that serves only institutional clients, like pension funds; One River was valued at $186M in 2021 — Coinbase Global Inc., still reeling from a plunge in trading volume on its exchanges, is expanding into a less-volatile corner …
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Tweets: @longconvexity, @kylesgibson, @jeffjohnroberts, and @muyaoshen
| Ivan Mehta / TechCrunch: |
Brave Search debuts Summarizer, a feature that offers a search results synopsis for some queries using Brave's LLM trained to fight “unsubstantiated assertions” — It is raining AI-powered features all across search engines. Today, Brave Search launched a new “Summarizer” … | Madhumita Murgia / Financial Times: |
Sources: Inflection AI, founded by LinkedIn's Reid Hoffman and DeepMind's Mustafa Suleyman, is in talks to raise up to $675M, after raising $225M in May 2022 — DeepMind co-founder Mustafa Suleyman and LinkedIn Creator Reid Hoffman's start-up is building a personal assistant for the web
Tweets: @daniele_manca
| Jeff Horwitz / Wall Street Journal: |
Meta plans to fully or partly implement 26 of the Oversight Board's 32 recommendations for its VIP cross-check system, including regular transparency reports — Meta Platforms accepts most recommendations from its oversight board, but rejects key provisions| Washington Post: |
US civil liberties and digital rights groups are speaking out against calls to ban TikTok, arguing the move would violate users' First Amendment rights — Happy Thursday! If you've ever thought some people in Washington should be in straitjackets, well, I guess you got your wish.
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Financial Times, The Guardian, Gizmodo, TVNewser, Agence France-Presse, Wall Street Journal, gHacks Technology News, Vox, South China Morning Post, Tubefilter, The Information, Fortune, Search Engine Land, and iPhone in Canada Blog
Tweets: @johnkoetsier, @scottnover, @quirkygrrrl, @nash076, @ashgorski, @gpanger, @jameeljaffer, @evan_greer, @viacristiano, @digiphile, and @knightcolumbia
| James Hale / Tubefilter: |
London-based Electrify Video Partners, which invests in and acquires YouTube channels, raised $50M led by MEP Capital — Electrify Video Partners has raised $50 million to invest in and acquire YouTube channels. — London-based Electrify was co-founded in May 2021 by Ian Shepherd … Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Zoho:
Single-folder archival in Zoho Mail: What you need to know — Email archival is the practice of moving emails from your active inbox or folders to a separate space. It helps keep your mailbox clutter-free …
Single-folder archival in Zoho Mail: What you need to know — Email archival is the practice of moving emails from your active inbox or folders to a separate space. It helps keep your mailbox clutter-free …
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.
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.
Soxton:
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Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access!Featured Podcasts
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Big Technology Podcast:
Anthropic's IPO Leak, OpenAI's Dots vs. Meta's Muse, Visual Turing Test
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Sources:
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Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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