Techmeme
March 15, 2023, 10:55 PM

Top News

John D. McKinnon / Wall Street Journal:
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  —  WASHINGTON—The Biden administration …
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 …
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.
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 …
Aisha S Gani / Bloomberg:
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
Maureen Farrell / New York Times:
Emily Flitter / New York Times:
Washington Post:
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.
More: OpenAI and Metaverse Post
Mastodon: @TedUnderwood@sigmoid.socialTweets: @gdb, @gdb, @drjimfan, and @gdb
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.
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:
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 …
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 …

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Earlier Picks

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Reuters:
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