| OpenAI: |
| TechCrunch: |
Mark Zuckerberg says Meta plans to cut another 10,000 jobs and withdraw around 5,000 open roles, just four months after cutting 11,000 jobs — Meta plans to cut its workforce by another 10,000 people and withdraw around 5,000 open roles that it had yet to fill, company co-founder … | Adam Morgan McCarthy / The Block: |
Meta plans to wind down its work on NFTs “for now” to focus on other ways of supporting creators and will continue working on Meta Pay — - Meta is ditching its NFT efforts, for now, according to executive Stephane Kasriel. — Meta is ditching its pursuit of NFTs as the company looks … | James Vincent / The Verge: |
Google unveils generative AI features for Docs, Gmail, Sheets, Slides, and other Workspace apps, helping users write text, summarize content, and create images — Google has announced a suite of upcoming generative AI features for its various Workspace apps, including Google Docs, Gmail, Sheets, and Slides.| James Vincent / The Verge: |
| David Enrich / New York Times: |
Signature's and SVB's collapse follow GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed by executives at both banks — Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.| Andrew Ackerman / Wall Street Journal: |
Sources: the FDIC is planning another auction of SVB, after failing to find a suitor on March 12; at least one offer had been made but was rejected by the FDIC — Auction comes after failed attempt to find suitor on Sunday — The Collapse of Silicon Valley Bank: What You Need to Know| Natasha Mascarenhas / TechCrunch: |
Email: SVB's new CEO Tim Mayopoulos says SVB N.A., a “bridge-bank” that the FDIC operates and protects all deposits, is “open and conducting business as usual” — The former Fannie Mae exec says new deposits will be protected by the FDIC| Iain Withers / Reuters: |
| Platformer: |
Sources: Microsoft laid off one of its responsible AI teams that was tasked with identifying the risks of integrating OpenAI's tech into its suite of products — As the company accelerates its push into AI products, the ethics and society team is gone — I.| Kim Mackrael / Wall Street Journal: |
Microsoft signs a 10-year deal with cloud gaming startup Boosteroid to distribute Call of Duty games if the Activision bid is approved; Boosteroid has ~4M users — Agreement is part of push to convince regulators that the planned $75 billion acquisition won't harm the videogame industry| Reuters: |
Sources and documents: India plans to force smartphone makers to allow removing pre-installed apps and mandate screening major OS updates via new security rules — India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system … | Emma Roth / The Verge: |
Amazon reveals a range of consumer terminals that connect to Project Kuiper, starting at under $400, and now plans to launch the first satellites in H1 2024 — Amazon has revealed a range of customer terminals that connect to its broadband satellite network, Project Kuiper.| Joe Rossignol / MacRumors: |
Apple announces Shop With a Specialist Over Video, a live video session available from 7am to 7pm PT on its website for US customers looking to buy an iPhone — Apple today announced that customers in the U.S. can now connect with an Apple Specialist over a live video session while shopping for an iPhone on the company's online store.| Bloomberg: |
Source: US prosecutors are scrutinizing Telegram group chats between Jump, Jane Street, and Alameda employees in May 2022 over the TerraUSD stablecoin collapse — US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group … | Alexander Osipovich / Wall Street Journal: |
| Tom Warren / The Verge: |
Microsoft plans to add 3D avatars for all Teams users in May 2023, after announcing the feature in 2021 and testing the functionality privately in recent months — Microsoft originally announced the avatars feature in 2021 and has been testing it privately in recent months.| Rest of World: |
An in-depth look at tech's terrible 2022 in numbers: VC deal value down 38%, IPOs falling, an 85% drop in new unicorns, layoffs impacting 280,000+, and more — Reduced investment and large-scale layoffs have created dark times for tech globally. — In March 2022, the future of Muni, a Colombian e-commerce startup, looked bright.| Emily Nicolle / Bloomberg: |
Binance suspends UK deposit and withdrawal services via bank transfers and card payments after its local banking partner Paysafe stopped supporting UK pounds — Binance Holdings Ltd., the world's largest crypto exchange, is suspending deposit and withdrawal services via bank transfers … | Rachel Metz / Bloomberg: |
Anthropic, co-founded by ex-OpenAI employees, debuts Claude, a ChatGPT rival it says is less likely to produce harmful outputs; organizations can request access — Anthropic, an artificial-intelligence startup, is making its rival chatbot to OpenAI's popular ChatGPT available to businesses that want to add it to their products.| Will Oremus / Washington Post: |
Experts say that, in the short term, the promise and perils of generative AI may be more modest than the headlines about tools like ChatGPT makes them seem — Hype and fear collide in the tech industry's latest boom — If you listen to its boosters, artificial intelligence is poised … | Cristina Criddle / Financial Times: |
Sources: multiple women accuse TikTok of mishandling sexual harassment allegations against London-based former executive Steve Ware, a pattern at the company — Woman's employment contract terminated after internal probe into complaint about advances made by senior manager| Natasha Mascarenhas / TechCrunch: |
Y Combinator scales back its late stage team, laying off 17 employees, or ~20% of YC staff, calling late stage investing a “distraction from our core mission” — Y Combinator will be writing less checks toward late-stage companies, a scale back that also cost 17 team members …
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| Preetika Rana / Wall Street Journal: |
| Kellen / Droid Life: |