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March 15, 2023, 2:05 PM
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| Wall Street Journal: |
As SVB collapsed, prominent investors, internet provocateurs, and others helped fuel concerns over the US banking system, creating a “Twitter-fueled bank run” — Rapid spread of concerns prompts lawmaker to call it ‘Twitter-fueled bank run’ — The Collapse of Silicon Valley Bank: What You Need to Know
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Wall Street Journal, VICE, The Atlantic, and CNBC
Tweets:
@davidsacks, @emollick, @tracyalloway, @thestalwart, @davidsacks, @buccocapital, @emptywheel, @dsquareddigest, @bongcapital, @dsquareddigest, @htaneja, @georgemagnus1, @profkatejudge, @professorstam, @silvermanjacob, @mdudas, @conorsen, @adamsinger, @carnage4life, @martingtobias, @katie_roof, @karaswisher, @compound248, and @billackman
| Emily Flitter / New York Times: |
A profile of Tim Mayopoulos, named by the FDIC as the CEO of Silicon Valley Bridge Bank, who was BofA's general counsel during the 2008 financial crisis — The F.D.I.C. named Tim Mayopoulos as chief executive of Silicon Valley Bridge Bank. His job is to keep calm and carry on.
More:
Silicon Valley Bank, NBC News, AltFi, Silicon Valley Business …, Fast Company, and TechCrunch
| Washington Post: |
Interviews with 20 people detail the Biden admin's response to SVB's and Signature's collapse, as tech executives and investors lobbied to protect all deposits — It seemed like a simple question: Did the treasury secretary have any concerns about the economic risks posed by Silicon Valley Bank?
More:
Bloomberg, Crypto Briefing, Noahpinion, Forbes, New York Times, Gizmodo, Cointelegraph, New York Times, The Guardian, and New York Times
LinkedIn:
Edward Ludlow, Hans Stegeman, Mihaela Mandroiu, and Dror Futter
Tweets:
@gopmajoritywhip, @novogratz, @armanddoma, @washingtonpost, @patio11, @timothys, @smtuffy, @moorehn, @mattyglesias, and @johnjharwood
| Maureen Farrell / New York Times: |
More:
TechCrunch, Forbes, and Wired
Tweets:
@trippmickle, @flitteronfraud, @dannygroner, @dk_munro, and @nytimes
| Bloomberg: |
T-Mobile plans to acquire Ryan Reynolds-backed budget wireless provider Mint Mobile for as much as $1.35B, seeking to expand its pay-as-you-go marketshare — T-Mobile US Inc. is buying Mint Mobile, the budget wireless provider part owned by actor Ryan Reynolds, for as much as $1.35 billion …
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T-Mobile, T-Mobile on YouTube, Wall Street Journal, CNN, Gizmodo, XDA Developers, Ars Technica, Associated Press, USA Today, CNET, GeekWire, Android Authority, PCMag, Los Angeles Times, TalkAndroid.com, Yahoo Entertainment, Quartz, Engadget, Android Central, Fortune, 9to5Mac, TechCrunch, Light Reading, MobileSyrup, Variety, AppleInsider, SlashGear, Wccftech, Reuters, Barron's Online, Tech Startups, Neowin, Axios, Droid Life, iPhone in Canada Blog, iClarified, and The Wrap
LinkedIn:
Avi Greengart. Tweets:
@vancityreynolds, @mintmobile, @vancityreynolds, @tsnjr, @carnage4life, @patrickmoorhead, @xpangler, @firstadopter, and @anthony
| OpenAI: |
OpenAI debuts GPT-4, claiming the model “surpasses ChatGPT in its advanced reasoning capabilities”, available in ChatGPT Plus and as an API that has a waitlist — Following the research path from GPT, GPT-2, and GPT-3, our deep learning approach leverages more data and more computation …
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OpenAI, OpenAI, MIT Technology Review, OpenAI on YouTube, New York Times, PCMag, Metaverse Post, The Algorithmic Bridge, Change behavior. Lower …, The Verge, ZDNet, replit, CryptoGlobe, Bitcoin News, Digital Trends, Livemint, Search Engine Roundtable, Investor's Business Daily, The Social Analyst, Vox, Search Engine Journal, International Business Times, CryptoSlate, gHacks Technology News, BigTechWire, TechCircle, gHacks Technology News, Android Headlines, The Economic Times, Windows Central, Pocketnow, and MediaNama
Mastodon:
@LukaszOlejnik@mastodon.social. Tweets:
@sama, @emollick, @jconorgrogan, @drjimfan, @benmschmidt, @yosariantwo, @jbrowder1, @skirano, @rowancheung, @openai, @sama, @trungtphan, @alphasignalai, @leopoldasch, @nearcyan, @danshipper, @blader, @dellcam, @andreti, @paul_rottger, @garymarcus, @mayfer, @drjimfan, @emollick, @moskov, @padday, @michael_nielsen, @ruchowdh, @_willfalcon, @ojoshe, @_akhaliq, @karpathy, @mattyglesias, @ankitlal, @andreasklinger, @jeffladish, @benmschmidt, @therealhoarse, @tomgara, @dellcam, @ktmboyle, @makadiaharsh, @wajahatali, @goodside, @carnage4life, and @ramsri_goutham
| Kyle Wiggers / TechCrunch: |
An interview with OpenAI co-founder Greg Brockman on GPT-4 being “different” to GPT-3, training on images and text, a “slow and intentional” rollout, and more — OpenAI shipped GPT-4 today, the much-anticipated text-generating AI model, and it's a curious piece of work.
More:
Bloomberg, Metaverse Post, Associated Press, Gizmodo, Adversa AI, and TechNewsWorld
| Ingrid Lunden / TechCrunch: |
LinkedIn announces AI-powered writing suggestions, initially for writing profiles, using OpenAI's GTP-4, and for recruiters writing job ads, using GPT-3.5 — Earlier this month, when LinkedIn started seeding “AI-powered conversation starters” in people's news feeds to boost engagement on its platform …
More:
The Verge, OnMSFT.com, Engadget, and Wired UK
| Yusuf Mehdi / Bing Blogs: |
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Windows Central, TechCrunch, The Verge, Insider, Axios, Pricebaba.com Daily, Engadget, OSnews, Gizchina, WinBuzzer, RTÉ, PCMag, DigitalKoans, Moneycontrol, BigTechWire, Pocket-lint, BGR, Tech in Asia, MSPoweruser, and TechCircle
LinkedIn:
Kevin Scott, James Creech, and Jordi Ribas
Tweets:
@jordirib1, @yusuf_i_mehdi, @firstadopter, and @joannastern
| Max Abelson / Bloomberg: |
How Signature Bank's big pivot to crypto led to the downfall of the once successful old-school lender that survived doing business with NYC cab owners and Trump — Signature Bank was flying high when co-founder Scott Shay mused about success on a podcast early last year.
More:
CoinDesk, Bitcoin News, Crypto Daily, Reuters, Cryptonews, The Block, Cryptopolitan, and Inside Bitcoins
Tweets:
@felixsalmon, @felixsalmon, @maxabelson, @halsparks, @thorntonmcenery, @carnage4life, @bitfinexed, @pt, and @silviakillings
| Bloomberg: |
Sources: US prosecutors were investigating Signature's work with crypto clients before regulators seized the bank, including over detecting money laundering — US prosecutors were investigating Signature Bank's work with crypto clients before regulators suddenly seized the lender this past weekend …
More:
Wall Street Journal, New York Post, Watcher Guru, Reuters, Micky, PYMNTS.com, CryptoPotato, and Cryptopolitan
Tweets:
@amacker, @cryptadamist, @johnreedstark, @stephenpunwasi, and @mikulaja
| New York Times: |
How Apple's Siri, Amazon's Alexa, and Google's Assistant fell behind in the AI race despite a decade headstart, hampered by clunky design and miscalculations — The virtual assistants had more than a decade to become indispensable. But they were hampered by clunky design and miscalculations, leaving room for chatbots to rise.
More:
AppleInsider, Insider, MacRumors, 9to5Mac, Near Media, iPhone in Canada Blog, The Verge, iDownloadBlog.com, BGR, iPhone Hacks, and PCMag
Tweets:
@agreenberg, @cademetz, @jakebackpack, @pblackshaw, @pt, and @shiraovide
| Jon Porter / The Verge: |
Samsung responds to the controversy over moon photography on Galaxy devices, explaining its “Scene Optimizer” feature, “AI deep learning model”, and more — The post's content isn't exactly new — it appears to be a lightly edited translation of an article posted … | Bloomberg: |
Sources: TikTok's leadership is considering divesting itself from ByteDance as a last resort if CFIUS rejects the existing proposal, possibly leading to an IPO — TikTok's leadership is discussing the possibility of separating from ByteDance Ltd., its Chinese parent company, to help address concerns about national security risks.
More:
Gizmodo and PetaPixel
Tweets:
@adamkovac, @bobbyallyn, @jesselehrich, @phil_lewis_, and @scott_mcmaster
| Gareth Vipers / Wall Street Journal: |
The FBI: US citizens lost $10.3B to online scammers in 2022, up from $6.9B in 2021, and crypto investment fraud losses hit $2.57B in 2022, up from $907M in 2021 — Cryptocurrency investment fraud nearly tripled in 2022 from the year before — Americans lost more than $10 billion …
More:
Engadget, BleepingComputer, Cybersecurity Dive, GovTech, TechSpot, Tech Startups, and GameSpot. Tweets:
@chrismessina
| Umar Shakir / The Verge: |
Zipline unveils Platform 2 Zip, a drone that can do a 10-mile delivery in 10 minutes to small landing zones via a tethered “delivery droid” from up to 300 feet — Zipline is revealing its new drone delivery platform today that the company says is capable of making a 10-mile delivery …
More:
TechCrunch, PCMag, CNET, Zipline, CNBC, Financial Times, Bloomberg, BBC, Forbes, and Supply Chain Dive
| Jonathan Stempel / Reuters: |
The US charges exiled Chinese businessman Guo Wengui with a conspiracy to defraud his online followers out of over $1B and arrests him; the DOJ seizes $634M — The U.S. government on Wednesday charged exiled Chinese businessman Guo Wengui with fraud, accusing him of orchestrating a conspiracy … | Reuters: |
Samsung Electronics plans to invest ~$230B through 2042 to build what South Korea calls the world's largest chipmaking base, including five chip factories — South Korean tech giant Samsung Electronics (005930.KS) expects to invest $230 billion over the next 20 years to develop …
More:
Nikkei Asia, BBC, AnandTech, TechCrunch, CNBC, TechPowerUp, Android Headlines, RCR Wireless News, Associated Press, Bloomberg, Tech Monitor, SamMobile, gHacks Technology News, and WRAL TechWire
Tweets:
@robertalanward and @jeff4malaysia
| Joanna Stern / Wall Street Journal: |
Inside the iPhone refurbishment process at New Jersey-based US Mobile Phones, from trade-in to refurbish to resale; Apple devices dominate consumer trade-ins — When you trade in a smartphone, here's how it gets refurbished and makes companies money| The Verge: |
Sources: Spotify HiFi as a premium tier was ready to launch over a year ago, but Apple's decision to offer lossless audio at no extra charge spoiled its plans — Even though Spotify HiFi still hasn't launched after being announced more than two years ago, some kind of lossless experience …
More:
Gizmodo, Thurrott, 9to5Google, Android Police, TechSpot, Music Ally, Pocket-lint, Tom's Guide, PhoneArena, 9to5Mac, MacRumors, and Neowin
Tweets:
@nicholasadeleon and @tvgrimreaper
| Paul Murray / New York Magazine: |
A journey into the metaverse to find friends and true believers on Meta's Horizon Worlds, raising questions over what promise Mark Zuckerberg saw in VR — In September, my family and I move from our home in Dublin to a fancy East Coast college town, where I'll be teaching for the semester.
More:
Financial Times and CNN
| Financial Times: |
PwC partners with AI startup Harvey to launch a chatbot experiment for its 4,000 lawyers, built using OpenAI's GPT-4, as law firms rush to find ways to adopt AI — Technology from start-up Harvey aims to make contract analysis and due diligence quicker — PwC has announced a chatbot experiment … | Bloomberg: |
A profile of Russian national Artem Uss, arrested in Milan under US indictment for a secret supply chain that provided US tech to support Putin's war in Ukraine — For years, Artem Uss had appeared in Russian media as the owner of fancy real estate, luxury cars and Italian hotels.
Tweets:
@benbartenstein and @rosmathieson
| Fabiano Maisonnave / Associated Press: |
An investigation finds that illegal miners in Brazil use SpaceX's Starlink for coordinating logistics, making payments, and warning of law enforcement raids — Brazilian federal agents aboard three helicopters descended on an illegal mining site on Tuesday in the Amazon rainforest.
More:
Gizmodo and gHacks Technology News
Tweets:
@dlbiller, @dlbiller, @aschmitt, @crayton_h, and @dlbiller
| CNBC: |
Representative Ken Buck says the GOP won't impose tougher antitrust rules on Google, Amazon, and Apple in 2023; Jim Jordan doesn't want to give Biden more power — - The new Republican leadership in the U.S. House doesn't appear to have the appetite to impose tougher antitrust rules on the tech giants.
Tweets:
@caro, @robbysoave, @carlszabo, @pathedger18, @schwartzbcnbc, @mrddmia, and @jonschweppe
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Invest Like the Best:
Gavin Baker - Nvidia v. Google, Scaling Laws, and the Economics of AI
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Uncapped with Jack Altman:
Pat Grady & Alfred Lin from Sequoia
Conversations with people I admire about things I'm genuinely interested in.
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Big Technology Podcast:
AI Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Decoder with Nilay Patel:
Square's product chief on the death of the penny and the future of money
A show from the Verge about big ideas - and other problems.
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The Social Radars:
Blake Scholl, Founder & CEO of Boom Supersonic
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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Grit:
The Pull to Build: Joubin Mirzadegan on Grit and Starting Roadrunner
Grit explores what it takes to create, build and scale world-class organizations.
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