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March 15, 2023, 7:20 PM
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Kyle Wiggers / TechCrunch:
An interview with OpenAI co-founder Greg Brockman on GPT-4 being different from 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.
Wall Street Journal:
As SVB collapsed, prominent investors, internet provocateurs, and others helped amplify US banking system concerns, creating the first “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
Emily Flitter / New York Times:
A profile of Tim Mayopoulos, who the FDIC named as Silicon Valley Bridge Bank's CEO and was Bank of America's general counsel during the 2008 financial crisis
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
Maureen Farrell / New York Times:
SVB's collapse is a tale of ambition and mistakes, as leadership failed to focus on mundane risk management while the CEO talked about innovation and the future
Sergiu Gatlan / BleepingComputer:
Microsoft patches an Outlook zero-day, exploitable without user interaction, that the company says Russian hackers used to target European organizations in 2022  —  Microsoft has patched an Outlook zero-day vulnerability (CVE-2023-23397) exploited by a hacking group linked …
Ingrid Lunden / TechCrunch:
LinkedIn adds AI-powered writing suggestions, initially for writing profiles, using OpenAI's GPT-4, and for recruiters writing job descriptions, 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 …
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.
Kyle Bradshaw / 9to5Google:
Google discontinues its Glass Enterprise Edition 2 and plans to support the headset until September 15, 2023; existing devices and apps will continue to work  —  Google has announced today that it will no longer be selling its Glass Enterprise Edition 2 headsets, with support set to be discontinued later this year.
John D. McKinnon / Wall Street Journal:
Sources: the Biden administration is demanding that TikTok's Chinese owners sell their stakes in the company or face a possible US ban of the app  —  TikTok says forced sale won't resolve national security issues; its CEO set to appear before Congress next week
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.
Bloomberg:
Sources: the US DOJ was investigating Signature Bank's crypto client work, including its money laundering detection efforts, before regulators seized the bank
Dan Primack / Axios:
Stripe raised a $6.5B+ Series I at a $50B valuation to help its employees cover tax obligations for the expiration of RSUs and to fund a new stock tender offer  —  Digital payments firm Stripe on Wednesday announced that it has raised more than $6.5 billion at a $50 billion valuation.
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 …
Jamie Crawley / CoinDesk:
Germany and US authorities seize up to €44M from ChipMixer and shut down its crypto mixer, alleging the service enabled the laundering of 152K BTC since 2017  —  National authorities took down the platform's infrastructure, seizing four servers and 7 terabytes of data.
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.
Jonathan Stempel / Reuters:
The US charges exiled Chinese businessman Guo Wengui with a conspiracy to defraud his online followers out of $1B+, including $262M through a crypto “ecosystem”  —  The U.S. government on Wednesday charged exiled Chinese businessman Guo Wengui with fraud, accusing him of orchestrating …
Jordan Novet / CNBC:
Adobe reports Q1 revenue up 9% YoY to $4.66B, vs. $4.62B est., Digital Media revenue up 9% YoY to $3.4B, and Digital Experience revenue up 11% YoY to $1.18B  —  - Adobe increased its projections for income and net new recurring revenue from its Digital Media business for the full year.
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 market share  —  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 …
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:20 PM ET, March 15, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Matt Donnelly / Variety:
A look at the auction for the Oscars' TV rights, as sources say Netflix is out, NBCUniversal gains ground, and YouTube and ABC remain active bidders

Dominic-Madori Davis / TechCrunch:
A look at Hamlet, a startup that uses AI to process local government meeting videos and which plans to provide the tool to local journalists for free

Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.

More News

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
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

Earlier Picks

The Verge:
Sources: Spotify was ready to launch HiFi as a premium tier by the end of 2021 but Apple and Amazon offering lossless audio at no extra charge spoiled its plans
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
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