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March 4, 2023, 12:35 PM
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| Erin Woo / The Information: |
Sources: after Twitter refused to pay its AWS bills for months, Amazon threatened in February to withhold payments for the ads it runs on Twitter — Elon Musk is running into an obstacle in his relentless drive to cut costs at Twitter: some of the same vendors that Twitter is squeezing to save money are also its advertising clients.
Mastodon: @sully1503@mastodon.online and @darnell@one.darnell.one
Tweets: @amir, @strobist, @atrupar, @joshtpm, @joshtpm, @jessicalessin, @carnage4life, @shaig, @tlakomy, @fordm, @pt, @quinnypig, and @tomcoates
| Wall Street Journal: |
Sources: in an update to investors, Twitter reports a 40% YoY decline in both revenue and adjusted earnings for December 2022, as advertisers fled the company — The company recently made a first interest payment to banks that lent $13 billion to help pay for Elon Musk's buyout, people familiar with the matter said
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Insider, Reuters, and Bloomberg
Tweets: @goangelo, @emptywheel, @chrisfralic, @scottlincicome, @eliotetc, and @chrchristensen
| Jennifer Pattison Tuohy / The Verge: |
Ring says new users of Ring Alarm will have to pay for a Ring Protect plan costing $3.99+ per month to access existing free features, starting March 29 — Yet another company will charge its customers more money for using existing features as the subscription-based smart home becomes the norm.
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Android Central, PCMag, Digital Trends, SlashGear, HotHardware, Engadget, Phandroid, and The Ambient
| Yuan Gao / Bloomberg: |
US adds China's Inspur, one of the world's largest server makers that has joint ventures with IBM and Cisco, to an Entity List, limiting its access to US tech — The Biden administration's blacklisting of China's Inspur Group Co. targets a company that US tech giants like Cisco Systems Inc. …
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Tom's Hardware, South China Morning Post, Bloomberg, Reuters, and History-Computer
| Demetri Sevastopulo / Financial Times: |
The US imposes new rules requiring that CHIPS Act beneficiaries agree not to expand manufacturing capacity in “countries of concern”, like China, for 10 years — Commerce department imposes new rules on beneficiaries of $39bn programme — Chipmakers must agree not to expand capacity …
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Engadget, Dallas Morning News, Japan Times, New York Times, and Reuters
Tweets: @steve_hanke, @dimi, and @srinathraghava3
| Sergiu Gatlan / BleepingComputer: |
BidenCash, a dark web site dealing in stolen credit and debit cards, leaks a free database of 2M+ cards revealing emails, card expiry dates, CVV codes, and more — A carding marketplace known as BidenCash has leaked online a free database of 2,165,700 debit and credit cards in celebration of its first anniversary.
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Restore Privacy, The Record, and Macworld
| Kif Leswing / CNBC: |
Reid Hoffman leaves the nonprofit board of OpenAI, citing a desire to invest in companies using OpenAI's tech, which he says could cause a conflict of interest — - LinkedIn founder and Greylock partner Reid Hoffman is leaving the nonprofit board of OpenAI, he announced in a post on Friday.
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LinkedIn, San Francisco Business Journal, Bloomberg, Reuters, The Economic Times, and Michael Tsai
Tweets: @reidhoffman, @sama, @joshelman, @adamnash, and @gdb
| Will Douglas Heaven / MIT Technology Review: |
Q&A with OpenAI's Sandhini Agarwal, Liam Fedus, Jan Leike, and co-founder John Schulman on training ChatGPT, dealing with virality, fixing problems, and more — Exclusive conversations that take us behind the scenes of a cultural phenomenon. — When OpenAI launched ChatGPT …
Tweets: @tiagodf, @trengriffin, @antonioregalado, @techreview, @ndiakopoulos, @niallfirth, @ketanj0, and @jjaron
| Forbes: |
Ryan Breslow sues Mark Phillips, a convicted fraudster he hired to build his social impact DAO, accusing him of stealing ~$10.5M of the project's seed funding — Billionaire tech founder Ryan Breslow is locked in a legal battle over the alleged theft of millions of dollars belonging to a nascent crypto project, Movement DAO.
Tweets: @carnage4life, @sub8u, @evacide, @yoda, @moo9000, @hkanji, and @sarahnemerson
| Harry McCracken / Fast Company: |
A profile of Slack CEO Lidiane Jones, who was a Sonos VP of software management before joining Salesforce, as she leads Slack through its “biggest product year” — Over a few days in late November and early December of 2022, it became clear that Slack was about to go through … | Noah Bierman / Los Angeles Times: |
San Jose-based Vintra, whose software is used by the IRS, police, and more, claims its “co-appearance” AI can mark interactions between people caught on camera — A gray-haired man walks through an office lobby holding a coffee cup, staring ahead as he passes the entryway.
Tweets: @daragh_murray, @latimes, @latimes, @latimes, @sarahdwire, @nickbaumann, and @senmarkey
| Bloomberg: |
Sources: Stable Diffusion creator Stability AI seeks to raise money at around a $4B valuation after raising a $101M seed at a ~$1B valuation in October 2022 — With artificial intelligence booming, one key player in the fast-growing space is talking to investors about raising more money … Sponsor Posts
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