| Bloomberg: |
Microsoft plans to bring OpenAI's GPT-4 to Excel, PowerPoint, Outlook, Word, and its other apps in the coming months, calling the feature Microsoft 365 Copilot — Microsoft Corp.'s effort to overhaul its entire lineup with OpenAI technology has spread to one of the company's oldest and best-known products: its Office apps.| The Verge: |
Microsoft details Business Chat, part of 365 Copilot, which can summarize meetings, recent customer contacts, calendar entries, and more, similar to Bing's AI — One of the new Copilot AI features coming to Microsoft 365 apps and services is dubbed Business Chat.| John D. McKinnon / Wall Street Journal: |
Sources: the Biden administration and CFIUS are 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| Dan Sabbagh / The Guardian: |
In a U-turn, the UK bans TikTok from ministers' and civil servants' work phones after a National Cyber Security Centre review, following the EU and the US — Move brings Britain in line with US and Europe and reflects worsening relations with China — Britain is to ban the Chinese owned … | Stu Woo / Wall Street Journal: |
| James Vincent / The Verge: |
Experts criticize OpenAI for not disclosing GPT-4's training data or methods used; OpenAI co-founder says its past approach to openly sharing research was wrong — The system's capabilities are still being assessed, but as researchers and experts pore over its accompanying materials … | Ryan Broderick / Garbage Day: |
OpenAI's GPT-4 is an outrageous, if imperfect, step forward, offering a glimpse of a future internet where generative AI creates one big personalized web portal — Read to the end for a good Twitter reply — Building A Portal To Everything — Very often I will come up with a big existential question … | Benj Edwards / Ars Technica: |
| New York Times: |
Sources: five days after seizing SVB, the FDIC has conducted a stop-and-start auction process, failing so far to find a willing buyer for all of SVB's assets — Big rivals are thus far shying away from scooping up the bank's assets. — Five days after seizing control of Silicon Valley Bank … | FTX: |
An FTX bankruptcy filing describes $3.2B+ in payments and loans to founders and executives, chiefly from Alameda Research, including ~$2.2B to Sam Bankman-Fried — Identify Over $3.2 Billion in Transfers to Founders and Key Employees — Forensic Work Continues on Intercompany and Other Transactions| Yimou Lee / Reuters: |
Sources: Foxconn will make AirPods for the first time and plans to invest $200M+ in a plant in Telangana, India; a source says Apple wanted production in India — Taiwanese contract manufacturer Foxconn (2317.TW) has won an order to make AirPods for Apple Inc (AAPL.O) and plans to build … | Jesse Hamilton / CoinDesk: |
The US Federal Reserve plans to activate its real-time FedNow Service payments system in July, seeking to improve clearing transactions between institutions — The new government-operated payments system - often used as an argument against the need for crypto's payments innovations … | Sam Kessler / CoinDesk: |
The Arbitrum Foundation, which develops the Ethereum Layer 2 platform Arbitrum, plans to airdrop its long-awaited ARB token on March 23 and transition to a DAO — The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum layer 2 network.| TechCrunch: |
NYC-based Via plans to acquire London-based Citymapper, which has ~50M users and raised ~$60M; sources say investors are mostly not making their money back — Last month, when transportation startup Via raised $110 million at a $3.5 billion valuation, CEO Daniel Ramot said it planned … | Bloomberg: |
Baidu announces its Ernie Bot in a pre-recorded video, with founder Robin Li talking over a scripted video of interactions with the AI; BIDU drops 5%+ — Baidu Inc. debuted China's answer to ChatGPT via a recorded video, disappointing investors hoping for a real-time demo … | Nitasha Tiku / Washington Post: |
How San Francisco's Hayes Valley, or “Cerebral Valley”, became a hotbed for “hacker houses” and AI events, as the AI gold rush revives the Bay Area's tech scene — The money and power flooding into AI are warping and intensifying the typical Silicon Valley gold rush, now set to explode with the launch of GPT-4| Taylor Hatmaker / TechCrunch: |
Twitch CEO Emmett Shear plans to step down after 16 years at the company, replaced by president Dan Clancy; Shear is one of the original founders of Justin.tv — After serving as its chief executive for more than a decade, Twitch CEO Emmett Shear will take a step back at the company.| Margaux Nijkerk / CoinDesk: |
Ethereum developers set a target date of around April 12 for the long-awaited Shanghai hard fork, delayed from its initial March target — Developers agreed to April 12 for the long-awaited upgrade that will enable staked ETH withdrawals. — Join the most important conversation in crypto … | Associated Press: |
Source: the DOJ is investigating whether a Pennsylvania county using a predictive child welfare algorithm discriminates against parents with disabilities — For the two weeks that the Hackneys' baby girl lay in a Pittsburgh hospital bed weak from dehydration, her parents rarely left her side … | Mia Sato / The Verge: |
TikTok adds a Refresh button to the For You feed, resetting recommendations to those shown to new signups, after testing the feature in February 2023 — TikTok is adding a way for users to “refresh” For You page content when they want to switch up their feed.| Christine Hall / TechCrunch: |
Parker, which offers a corporate credit card for e-commerce brands doing $3M to $100M in annual sales, emerges from stealth with $37M in equity and $120M debt — Parker, a startup offering a corporate credit card for e-commerce businesses, emerged from stealth Thursday with $157 million … | Kyle Wiggers / TechCrunch: |
Fairmatic, which helps companies manage vehicle insurance by monitoring their fleets, raised $46M led by Battery Ventures, bringing its total funding to $88M — With inflation sparking an increase in the cost of repairs, labor and claims, fees for insurance are similarly spiking across the board.
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| Jen Wieczner / New York Magazine: |
| Jonathan Greig / The Record: |
| Dan Primack / Axios: |
| Jamie Crawley / CoinDesk: |
| Kyle Bradshaw / 9to5Google: |
| Sergiu Gatlan / BleepingComputer: |