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March 3, 2023, 2:45 PM
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memeorandum
WeSmirchTop News
| 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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meta.com, Insider, UploadVR, CNET, Game Developer, Thurrott, Gizmodo, PCMag, Reuters, XDA Developers, Road to VR, Dexerto, CNBC, Engadget, Laptop Mag, KnowTechie, Mashable, BigTechWire, Neowin, KitGuru, Polygon, Digital Trends, Android Central, TechRadar, and Appuals.com
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 documents detail efforts by Tether Holdings and Bitfinex to maintain access to the 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 on a new plant to make 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, Tech Xplore, 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.
Cape:
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Most carriers track everything. Cape doesn't. — Unlimited talk, text & data, 24-hr metadata deletion, network ID rotation, SIM-attack defense, and more. Switch today and get 29% off for life.
Equals:
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Zoho:
Zoho WorkDrive named a Leader in the Nucleus Research CSC Technology Value Matrix 2026 — Enterprise content management is evolving rapidly with about 80% of the data unstructured. The growing challenge is not about storing information anymore.
Zoho WorkDrive named a Leader in the Nucleus Research CSC Technology Value Matrix 2026 — Enterprise content management is evolving rapidly with about 80% of the data unstructured. The growing challenge is not about storing information anymore.
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.Featured Podcasts
Great Chat:
Too big to laugh: how tech lost its sense of humor
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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Channels with Peter Kafka:
Substack Wants To Become A Social Network; Beehiiv Wants To Stay Invisible
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Training Data:
Factory's Matan Grinberg: The Coming 'Dark Factory' Where Software Builds Itself
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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Invest Like the Best:
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The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Lenny's Podcast:
Why Netflix is betting on systems thinkers—not specialists—in the AI era | Elizabeth Stone (CPTO)
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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Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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.
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