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March 26, 2023, 5:05 AM
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| The Information: |
Source: Elon Musk offers Twitter staff stock grants at a ~$20B valuation which, with a $13B debt, implies a $33B enterprise value, ~11x 2023's projected revenue — Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff … | Alexa Corse / Wall Street Journal: |
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Livemint, Fortune, Blind, The Economic Times, Bloomberg, and The Information
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| Taylor Lorenz / Washington Post: |
Hollywood and music industry insiders, actors, and others say a TikTok ban could seriously hurt their businesses and are scrambling to create contingency plans — The entertainment industry has become so reliant on TikTok that banning the app could hurt business, industry insiders say
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TechCrunch
| Yoel Roth / Techdirt: |
Some national security concerns about TikTok are valid, but a forced sale of its US operations may undermine the company's ability to fight adversarial threats — from the when-government-demands-backfire dept — Back in August 2020, the Trump White House issued an executive order purporting …
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New York Times, Tech Policy Press, The Hill, Associated Press, Axios, New York Post, and New York Times
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| Chloe Xiang / VICE: |
Microsoft researchers claim GPT-4 showed early signs of AGI and performance close to human levels in tasks spanning coding, medicine, law, psychology, and more — The eyebrow-raising claim from Microsoft—which is banking on GPT putting it ahead of Google—contrasts with the model's clear limitations.
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arXiv.org, TweakTown, The Algorithmic Bridge, The Road to AI We Can Trust, and New York Magazine
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Jevgeni Kabanov, Markus J. Buehler, Ashley Llorens, John Thompson, Sebastien Bubeck, Johannes Gehrke, Scott Lundberg, and Peter Lee
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@nearcyan, @eksaraiki, @jonathanfly, @vkhosla, @levie, @carlcarrie, @dan_jeffries1, @scicomms, @skdh, and @emollick
| Lawrence Abrams / BleepingComputer: |
Microsoft releases Windows 10 Snip & Sketch and Windows 11 Snipping Tool updates to fix the “aCropalypse” bug used to reveal info edited out in some screenshots — Microsoft released an emergency security update for the Windows 10 and Windows 11 Snipping tool to fix the Acropalypse privacy vulnerability.
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Microsoft Security Response Center, Engadget, Laptop Mag, The Verge, Neowin, The Register, and SANS Internet Storm Center …. Tweets:
@kfalconspb
| Chloe Xiang / VICE: |
A look at the community of users who “jailbreak” GPT models to generate unfiltered content and see themselves as fighting back against OpenAI's closed policies — “The problem is when GPT-X is released and we are unable to discern its values since they are being decided behind the closed doors of AI companies.”
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VentureBeat. Tweets:
@alexalbert__, @alexalbert__, @thedebrieft, @motherboard, @neuwaves, @mistertechblog, and @vaibhavk97
| Will Knight / Wired: |
Norway-based 1X, which is developing humanoid robots, raised a $23.5M Series A2 led by the OpenAI Startup Fund with participation from Tiger Global and others — Autonomous machines are still too clumsy for delicate tasks. But humans can operate mechanical arms from afar, turning physical labor into remote work.
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1X. LinkedIn:
Sandwater, Christian Rokseth, and Amit Moran
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@chr1sa, @ericjang11, @wiredscience, @soundboy, @grady_booch, @alliancevc, @wired, and @willknight
| Joe Brock / Reuters: |
Sources: concerned about Chinese spying, the US helped SubCom win its $600M bid for an Asia-Europe subsea cable project through incentives and investor pressure — Subsea cables, which carry the world's data, are now central to the U.S.-China tech war. Washington, fearful of Beijing's spies …
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Slashdot. Mastodon:
@MattHodges@mastodon.social. Tweets:
@joereuters, @chinabeigebook, @reuters, @jojjeols, @tmclaughlin3, @bonnieglaser, @thooleramawn, @repsistance, @aaronbateman22, @jdeanscs, @wondersmith_rae, @reuters, @joereuters, and @gabidolceb
| Eric Benjamin Seufert / Mobile Dev Memo: |
How Meta could sidestep ATT's impairments by launching a mobile games store, as Apple reportedly prepares multiple app store support on iOS due to the EU's DMA — This week, Microsoft declared that it will launch a mobile games app store on both iOS and Android next year, should its acquisition of Activision Blizzard be approved.| Nikkei Asia: |
Meta Quest Pro teardown: US parts account for 34% of the headset's estimated component costs, China 18%, South Korea 10%, Japan 3%, and 35% remain unidentified — Among the design differences between the Meta Quest Pro and Meta Quest 2 is the color; the new model is black rather than white.| Adam Morgan McCarthy / The Block: |
The hacker of DeFi lending protocol Euler Finance has returned 58,737 ETH, worth ~$102M, from the 96K ETH stolen in a flash-loan attack on March 13; EUL up 27%+ — - The Euler hacker has returned 58,737 ETH from the 96,000 ETH stolen. — They previously returned 3,000 ETH.
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CoinDesk, ZyCrypto, Cointelegraph, crypto.news, Cryptopolitan, and CoinGape
| Ben Thompson / Stratechery: |
Q&A with Nvidia CEO Jensen Huang on AI's iPhone moment, the DGX Cloud service, the US' export controls, Nvidia's position in the stack in an LLM world, and more — I first spoke with Nvidia founder and CEO Jensen Huang after last March's GTC conference, and again after last fall's GTC …
Tweets:
@trengriffin, @bradneuberg, @wenyee_lee, and @stratechery
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