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March 14, 2023, 12:00 PM
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| 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 …
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Meta, The Verge, BBC, New York Times, Axios, Silicon Valley Business …, Financial Times, Silicon Republic, Gizmodo, New York Post, Insider, CNN, PCMag, RTÉ, NBC News, The Information, The Guardian, CNBC, AppleInsider, Business Post, Reuters, The Hill, Bloomberg, Engadget, The Economic Times, Bloomberg, Los Angeles Times, Barron's Online, Neowin, Deadline, Variety, WRAL TechWire, SlashGear, Tech in Asia, Tech Startups, Newser, Livemint, Wall Street Journal, Moneycontrol, The Wrap, Semafor, The Hollywood Reporter, and Mashable
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@newschambers, @jimcramer, @jason, @jason_kint, @jason_kint, @eric_seufert, @jamesrbuk, @joshkraushaar, @keithboykin, @jetscott, @martinsfp, @danielbzhao, @samro, @ulonnaya, @divestech, @agarfinks, @realkylemorris, @borrowed_ideas, @alexjamesfitz, @altcap, @alexeheath, @modestproposal1, @carlquintanilla, @thebradluck, @unusual_whales, @gurgavin, @silviakillings, @jesskellynt, @phil_lewis_, and @carlquintanilla. Facebook:
Mark Zuckerberg
| 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 …
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@skasriel, @dave_krugman, @skasriel, @skasriel, @skasriel, @jackbutcher, @punk9059, @smdiehl, @wongmjane, @chrismessina, @tomfgoodwin, @bayc2745, @pixiekate13, @farokh, @samsantala, @joshconstine, @nkumar23, @bertugoymak, @jacquescolimon, @tomwarren, @pixiekate13, @mgsiegler, @rjcc, @tomaxwell, @samfbiddle, @skasriel, @aeyakovenko, @tante, @sergitosergito, @lakoz_, @merts_eth, @jebus911, @nickstatt, @ryy_wills, and @tier10k
| James Vincent / The Verge: |
Google announces AI-powered features for Docs, Gmail, Sheets, Slides, and other Workspace apps, helping users generate text, summarize topics, 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.
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The Keyword, Google Workspace Blog, TechCrunch, CNET, 9to5Google, Search Engine Land, CRN, PCWorld, Thurrott, Gizmodo, NBC News, Washington Post, SiliconANGLE, Neowin, MobileSyrup, Wccftech, Search Engine Journal, and Axios
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@simonw, @transitive_bs, @yitayml, @benbajarin, @googleworkspace, @google, @adrianweckler, @devrelcallum, @adrianweckler, @jjvincent, and @tomwarren
| James Vincent / The Verge: |
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@sundarpichai, @alphasignalai, @googleai, @marie_haynes, and @bentossell
| Andrew Ackerman / Wall Street Journal: |
Sources: the FDIC is planning another SVB auction, after failing to find a suitor on March 12; at least one offer had been made, which 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 NA, a new, FDIC-run “bridge-bank” with deposits protected by the FDIC, is “open and conducting business as usual” — The former Fannie Mae exec says new deposits will be protected by the FDIC
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FDIC, The Information, Gizmodo, Reuters, Banking Dive, New York Post, and gHacks Technology News
Tweets:
@priyanshi50 and @nmasc_
| David Enrich / New York Times: |
Signature's and SVB's collapse was aided by GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed for by SVB executives — Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
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@mekkaokereke@hachyderm.io and @darius@friend.camp
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@nic__carter, @stevenkelly49, @josephzeballos, @jayparsons, @joebiden, @loganbartlett, @benedictevans, @dsquareddigest, @rokhanna, @mikiebarb, @rebeccaballhaus, @joenbc, @bobbybigwheel, @stevenzzhou, @unusual_whales, @frognews, @davidsirota, @tphillips, @jstein_wapo, @andrewrestuccia, @keitholbermann, @eliotwb, @bykowicz, @sullycnbc, @tristansnell, @markmobility, @davidenrich, @liz_franczak, @bykowicz, @kenklippenstein, @markfollman, @deitaone, @stevenkelly49, and @thestalwart
| Iain Withers / Reuters: |
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Board of Governors …, Sifted, Financial Times, TechCrunch, HSBC, Blockonomi, and Bitcoin News
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@jeremy_hunt, @cetier1, @hmtreasury, and @jamestitcomb
| Platformer: |
Sources: Microsoft laid off one of its responsible AI teams that was tasked with assessing the risks associated with integrating OpenAI's tech into its 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 Boosteroid to distribute Call of Duty if the Activision deal is approved, the third such deal; Boosteroid has ~4M users — Agreement is part of push to convince regulators that the planned $75 billion acquisition won't harm the videogame industry
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@koreaxboxnews, @fedorovmykhailo, @bradsmi, and @tomwarren
| Reuters: |
Sources and documents: India plans to force smartphone makers to let users remove pre-loaded apps and will mandate screening 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 …
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Apple Must, AppleInsider, Android Authority, MacRumors, Neowin, TechRadar, Android Police, and Sammy Fans
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@adityakalra, @eric_seufert, @adityakalra, @munsifv, @ahmermkhan, @munsifv, @munsifv, and @adityakalra
| 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.
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Apple, TechCrunch, AppleInsider, SlashGear, The Apple Post, BGR, and Cult of Mac
| Bloomberg: |
Source: US prosecutors are looking at Telegram group chats between employees at Jump, Jane Street, and Alameda in May 2022 over the collapse of TerraUSD — US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group …
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Bloomberg Law and Protos
Tweets:
@tier10k, @yueqi_yang, @silvermanjacob, @mjpldn, @smdiehl, @theskyhopper, @yueqi_yang, @tier10k, @newmoneyreview, @sgtskill, @scupytrooples, and @ldrogen
| Alexander Osipovich / Wall Street Journal: |
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Blockworks, Inside Bitcoins, Bitcoin News, Bitcoinist.com, crypto.news, and Forkast
Tweets:
@fintechfrank, @poordart, @fatmanterra, @autismcapital, @allyversprille, @mdudas, @tier10k, and @molly0xfff
| Emily Nicolle / Bloomberg: |
Binance suspends UK deposit and withdrawal services via bank transfers and card payments after its local banking partner Paysafe stopped providing support — Binance Holdings Ltd., the world's largest crypto exchange, is suspending deposit and withdrawal services via bank transfers …
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Finextra, Gizmodo, Decrypt, Reuters, CoinGeek, The Verge, CryptoSlate, and Cointelegraph
| Will Oremus / Washington Post: |
Experts say that, in the short term, the promise and perils of generative AI may be more modest than the fervor surrounding 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 …
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The Atlantic, Computerworld, and The Road to AI We Can Trust
Tweets:
@theatlantic, @washingtonpost, @shiraovide, @willoremus, @irannewsnow, @neilturkewitz, and @adam_k_levin
| Rest of World: |
An in-depth look at tech's terrible 2022 in numbers: VC investment and IPOs falling globally, 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.| Tom Warren / The Verge: |
Microsoft plans to make 3D avatars available to all Teams users in May 2023, after announcing the feature in 2021 and testing them privately in recent months — Microsoft originally announced the avatars feature in 2021 and has been testing it privately in recent months.| Cristina Criddle / Financial Times: |
Sources: multiple women accuse London-based TikTok executive Steve Ware of sexual harassment and say TikTok mishandled the allegations, a pattern at the company — Woman's employment contract terminated after internal probe into complaint about advances made by senior manager
More:
TechCrunch. Tweets:
@madhumita29, @cristinacriddle, @cristinacriddle, @cristinacriddle, @cristinacriddle, @muradahmed, and @cristinacriddle
| Janko Roettgers / The Verge: |
A look at the shift to the ATSC 3.0 TV broadcast standard, still not available in many major markets since its 2017 launch, as free streaming TV channels surge — Antenna television is back. In recent years, millions of cord-cutters have rediscovered antennas as a reliable … | Kate Clark / The Information: |
Sources: Y Combinator will not raise another Continuity Fund, which backs late-stage startups, and the two partners who led the fund plan to leave the company — Silicon Valley startup accelerator Y Combinator won't raise another continuity fund, which backs mature private tech companies, two people familiar with the matter said.
More:
Tech in Asia and The Economic Times
Tweets:
@fendien, @kateclarktweets, @pt, @brianbrackeen, @carnage4life, @yuris, @pitdesi, @madhavchanchani, and @umangdua
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