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March 15, 2023, 3:10 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, The Atlantic, CNBC, and VICE
Tweets:
@davidsacks, @emollick, @tracyalloway, @thestalwart, @davidsacks, @buccocapital, @emptywheel, @dsquareddigest, @bongcapital, @dsquareddigest, @htaneja, @georgemagnus1, @profkatejudge, @professorstam, @silvermanjacob, @mdudas, @conorsen, @adamsinger, @carnage4life, @martingtobias, @katie_roof, @karaswisher, and @compound248
| 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.
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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?
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GeekWire, The Hill, Crypto Briefing, Noahpinion, Bloomberg, New York Times, New York Times, Cointelegraph, Forbes, The Guardian, and New York Times
LinkedIn:
Mihaela Mandroiu, Dror Futter, Hans Stegeman, and Edward Ludlow
Tweets:
@gopmajoritywhip, @armanddoma, @novogratz, @patio11, @timothys, @smtuffy, @moorehn, and @johnjharwood
| Maureen Farrell / New York Times: |
More:
TechCrunch, Forbes, and Wired
Tweets:
@trippmickle, @flitteronfraud, @dannygroner, @dk_munro, and @nytimes
| 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, MIT Technology Review, OpenAI, OpenAI on YouTube, Reuters, SSRN, The Hill, Everlaw, PCMag, The Algorithmic Bridge, Metaverse Post, Inside Bitcoins, The Verge, TechSpot, Change behavior. Lower …, iMore, replit, CryptoGlobe, Search Engine Roundtable, Bitcoin News, Digital Trends, Vox, The Social Analyst, ZDNet, 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, @jconorgrogan, @emollick, @benmschmidt, @drjimfan, @yosariantwo, @jbrowder1, @skirano, @rowancheung, @openai, @sama, @trungtphan, @alphasignalai, @leopoldasch, @nearcyan, @blader, @dellcam, @andreti, @danshipper, @paul_rottger, @garymarcus, @mayfer, @emollick, @drjimfan, @padday, @michael_nielsen, @ruchowdh, @ojoshe, @_willfalcon, @_akhaliq, @ankitlal, @andreasklinger, @jeffladish, @benmschmidt, @tomgara, @dellcam, @makadiaharsh, @wajahatali, @goodside, and @carnage4life
| 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.
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Wired, Bloomberg, Metaverse Post, Associated Press, Gizmodo, MakeUseOf, and TechNewsWorld
| 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 on YouTube, Wall Street Journal, Android Police, CNN, XDA Developers, Ars Technica, Associated Press, USA Today, T-Mobile, CNET, GeekWire, Android Authority, PCMag, Los Angeles Times, PhoneArena, TalkAndroid.com, Quartz, Yahoo Entertainment, Variety, Android Central, Fortune, Light Reading, MobileSyrup, SlashGear, Wccftech, Tech Startups, Engadget, Barron's Online, Reuters, 9to5Mac, TechCrunch, Axios, AppleInsider, Neowin, The Wrap, and iClarified
LinkedIn:
Avi Greengart. Tweets:
@vancityreynolds, @vancityreynolds, @mintmobile, @turnernovak, @patrickmoorhead, @xpangler, @carnage4life, @firstadopter, @tsnjr, and @anthony
| New York Times: |
How Apple's Siri, Amazon's Alexa, and Google's Assistant fell behind in the AI race despite a decade head start, 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, MacRumors, Insider, 9to5Mac, MacStories, Near Media, iPhone in Canada Blog, iDownloadBlog.com, Michael Tsai, The Verge, BGR, PCMag, and iPhone Hacks
LinkedIn:
Eric Cohen. Tweets:
@jakebackpack, @agreenberg, @cademetz, @pblackshaw, @pt, and @shiraovide
| 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:
Gizmodo, The Verge, OnMSFT.com, Wired UK, and Engadget
| Yusuf Mehdi / Bing Blogs: |
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Windows Central, TechCrunch, The Verge, Insider, Axios, Engadget, Pricebaba.com Daily, OSnews, Gizchina, WinBuzzer, BigTechWire, Pocket-lint, BGR, Tech in Asia, MSPoweruser, PCMag, TechCircle, and RTÉ
LinkedIn:
Kevin Scott and James Creech
Tweets:
@jordirib1, @yusuf_i_mehdi, 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, Reuters, Crypto Daily, The Block, Cryptonews, Cryptopolitan, and Inside Bitcoins
Tweets:
@felixsalmon, @felixsalmon, @maxabelson, @halsparks, @thorntonmcenery, 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, The Hill, New York Post, Watcher Guru, Reuters, CryptoPotato, and Cryptopolitan
Tweets:
@amacker, @cryptadamist, @johnreedstark, @stephenpunwasi, and @mikulaja
| Sergiu Gatlan / BleepingComputer: |
Microsoft says it patched an Outlook zero-day, exploitable without user interaction, used by Russian hackers to target European organizations in 2022 — Microsoft has patched an Outlook zero-day vulnerability (CVE-2023-23397) exploited by a hacking group linked to Russia's military intelligence service GRU …
More:
MDSec, Microsoft Security Response Center, BleepingComputer, Dark Reading, Krebs on Security, CyberScoop, Forbes, CNN, SC Media, AskWoody, IT PRO, Naked Security, The Register, and TechRadar
Tweets:
@cyb3rops and @seanwrightsec
| Jon Porter / The Verge: |
Samsung responds to the controversy over moon photos taken by Galaxy phones, explaining its Scene Optimizer feature, its “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 in Korean last year … | 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, and Tech Startups. Tweets:
@chrismessina
| Jonathan Stempel / Reuters: |
The US charges exiled Chinese businessman Guo Wengui with leading a conspiracy to defraud his online followers out of $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 …
More:
Department of Justice, Insider, Wall Street Journal, U.S. Securities …, and Semafor
Tweets:
@sdnynews, @seth_hettena, @seth_hettena, @mattgertz, @jasonleopold, @jayshams, @metzgov, @w7voa, @dfriedman33, and @w7voa
| Paul Murray / New York Magazine: |
A journey into Meta's Horizon Worlds to find friends and metaverse true believers, raising questions about Zuckerberg's vision of the internet's next iteration — 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, CNN, and crypto.news
Tweets:
@ryanlcooper, @bigmeaninternet, @louispeitzman, @iamspilly, @zachwritesstuff, @jessefuchs, @choire, @artisan_cane, @chafkin, and @chasdanner
| Bloomberg: |
Sources: Abu Dhabi-based G42 bought a $100M+ ByteDance stake at a ~$220B valuation, down from $300B set in a recent share buyback, as the US weighs a TikTok ban — ByteDance Ltd. was valued at around $220 billion in a recent private-market investment by Abu Dhabi AI firm G42 …
More:
PingWest, CNBC, International Business Times, and Tech Startups
| Ben Schoon / 9to5Google: |
Alleged renders of Google's Pixel 8 Pro appear to show a flat ~6.52" display and a new sensor on the camera bar, after a Pixel Fold and 7a retail listing leak — Leak season is starting. Following a retail leak of Pixel Fold and Pixel 7a just today, the first renders of Google Pixel 8 Pro have arrived …
More:
MySmartPrice, 9to5Google, Forbes, HotHardware, TalkAndroid.com, XDA Developers, BGR, iPhone in Canada Blog, PhoneArena, MobileSyrup, Android Central, T3, Droid Life, GreenBot, SPARROWS NEWS, Pocket-lint, Digital Trends, Android Headlines, Wccftech, MakeUseOf, and Pricebaba.com Daily
Tweets:
@onleaks, @onleaks, and @gadgetsdata
| 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, Engadget, PCMag, CNBC, CNET, Zipline, Tech Xplore, Financial Times, Bloomberg, BBC, Forbes, and Supply Chain Dive
| 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, Associated Press, TechPowerUp, Android Headlines, RCR Wireless News, 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| 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 …
More:
Reuters, SiliconANGLE, and Bloomberg
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Hard Fork:
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