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March 27, 2023, 2:30 AM
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Daniel Taub / Bloomberg:
First Citizens agrees to buy the commercial banking business of Silicon Valley Bank from the FDIC including all deposits and loans  —  First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.
New York Times:
Filing: some Twitter source code was leaked by user “FreeSpeechEnthusiast” on GitHub, which removed the code to comply with Twitter's DMCA notice on March 24  —  The leak adds to the challenges facing the Elon Musk-owned company, which is trying to unmask the person responsible and any other people who downloaded the code.
Mark Gurman / Bloomberg:
Sources: Apple last week demoed its mixed reality headset, likely dubbed Reality Pro or Reality One, for its top ~100 executives, ahead of their annual offsite  —  Apple's push into mixed reality will take years to pay off, with the company hoping the device follows the same trajectory as its smartwatch.
New York Times:
Eight current and former Apple employees share their concerns about the upcoming MR headset's $3,000 price, its utility, and the unproven AR/VR market  —  The company is expected to unveil an augmented reality headset in a few months.  Some employees wonder if the device makes sense for Apple.
Erin Woo / The Information:
Source: Elon Musk emailed Twitter employees offering stock grants at a ~$20B valuation, or 55% less than what he paid to buy the company  —  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, less than half what he paid to buy the company.
Bloomberg:
Sources: the Hong Kong arms of three Chinese state banks have reached out to offer services to crypto businesses in recent months, despite a mainland crypto ban  —  Crypto firms rushing into Hong Kong after the city opened its doors to the battered sector are finding a surprising source of potential support: China's state-owned banks.
Samriddhi Sakunia / Rest of World:
After India's legal orders this week, Twitter blocked the tweets of 122 users, including reporters and politicians, from Indian users; it used to push back more  —  Last year, before Elon Musk took over as CEO, Twitter pushed back against such requests from the government.  —  • NEW DELHI, INDIA
Pranshu Verma / Washington Post:
A mid-March Midjourney update seemingly fixed one of the AI image generator's major failings: its inability to depict lifelike human hands with five fingers  —  Improved AI image-making software churned out believable yet fictional images of former president Trump getting arrested
Financial Times:
In his first visit since 2020, Tim Cook praises Apple's “symbiotic kind of relationship” with China, amid the company's moves to diversify from the country  —  Chief executive's visit comes despite rising trade and geopolitical tensions between Beijing and US
ProPublica:
A look at OBNBrandon, a prolific scammer in a booming community focused on banning influencers' accounts, mainly on Instagram, and extorting for “reactivation”  —  Just after midnight on Sept. 13, Kristian “Murda” Murphy was watching TV at home in Boca Raton, Florida, when his phone began buzzing.
Sarah E. Needleman / Wall Street Journal:
A look at Modulate's ToxMod and other AI-based tools that help gaming companies moderate voice chats in online games, amid concerns of accuracy and user privacy  —  New artificial-intelligence tools can mute, ban players who violate conduct rules  —  In the videogame “Gun Raiders,” …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:30 AM ET, March 27, 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

CBS News:
A US federal judge allows the Pentagon to fire three Stars and Stripes journalists, ruling the government likely did not violate their First Amendment rights

Abbie VanSickle / New York Times:
SCOTUS rules via an emergency order that political parties are entitled to the same low-cost TV ad rates as candidates, giving an advantage to Republicans

New York Times:
Sources: the Pentagon has subjected roughly 50 military officers and civilian employees on the Joint Staff to polygraph tests over leaks to journalists

More News

Viola Zhou / Rest of World:
A look at the Chinese social e-commerce app and women-friendly “lifestyle bible” Xiaohongshu, which has 200M MAUs and critics describe as a consumerist trap
Wall Street Journal:
Experts say some US suppliers plan to sidestep export controls by selling tech to the unlisted subsidiaries of Inspur and other Chinese firms on the Entity List
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
Joe Brock / Reuters:
Sources: concerned about Chinese spying, the US helped SubCom win its $600M bid for a Singapore-France subsea cable project via incentives and investor pressure

Earlier Picks

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
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
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
Anna Tong / Reuters:
Replika restores erotic roleplay for users who signed up before February 1, after complaints from some who considered themselves “married” to chatbot companions
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