| Daniel Taub / Bloomberg: |
First Citizens agrees to acquire Silicon Valley Bank's commercial banking business from the FDIC, including all deposits and loans, at a $16.5B discount — First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.| CFTC: |
The CFTC sues Binance, CEO CZ, and a former chief compliance officer, calling the company's compliance efforts “a sham” and its structure “intentionally opaque” — Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed … | Frederic Lardinois / TechCrunch: |
Microsoft says Teams has 280M MAUs, up from 270M MAUs in January 2022, and the rebuilt Teams rolling out to Windows' Public Preview program is twice as fast — Teams, Microsoft's Slack rival, has always had a bit of a reputation for being slow and resource-hungry.| Alex Hern / The Guardian: |
Nvidia CTO Michael Kagan says crypto does not “bring anything useful for society” and other processing power uses like AI are more worthwhile than mining crypto — Tech chief says the development of chatbots is a more worthwhile use of processing power than crypto mining| Emma Roth / The Verge: |
Zoom partners with OpenAI to expand its Zoom IQ assistant with features to generate whiteboards from text prompts, recap meetings, summarize threads, and more — Zoom has become the latest productivity app to expand its use of artificial intelligence. In a blog post published on Monday … | Sarah Zheng / Bloomberg: |
Kaspersky: some versions of Pinduoduo, which Google suspended from its app store, exploited Android vulnerabilities to install backdoors and access user data — Security researchers at Moscow-based Kaspersky Lab have identified and outlined potential malware in versions … | Dustin Volz / Wall Street Journal: |
Biden signs an EO limiting US agencies' use of hacking tools from companies that are linked to human rights abuses or are deemed to pose national security risks — Officials say at least 50 U.S. personnel overseas had been compromised by commercial spyware| Larry DiTore / The Block: |
Filing: MicroStrategy bought 6,455 BTC for ~$150M from February 16 to March 23 at an average price of $23,238; the company held ~$4.14B worth of BTC on March 23 — - MicroStrategy now has a little more than $4 billion worth of bitcoin in its corporate coffers.| Richard Milne / Financial Times: |
Ammo maker Nammo says its growth is limited by a TikTok data center using all the spare electricity, as energy demand across industries grows in the Nordics — Norwegian group Nammo blames ‘storage of cat videos’ for threatening its growth as data centre corners spare electricity| Juli Clover / MacRumors: |
Apple debuts iOS 16.4 with 21 new emoji, Safari push notifications for web apps on the Home Screen, Voice Isolation for calls, Crash Detection tweaks, and more — Apple today released iOS 16.4, the fourth major update to the iOS 16 operating system that initially came out last September. iOS 16.4 comes … | Matt Burgess / Wired: |
Porn creators in Germany face fines and imprisonment as regulators use AI to spot porn not protected by age verification tech on social media and messaging apps — Regulators are using an AI system to scan websites and messaging apps to find pornography. Creators face fines and potential prison sentences.| Reuters: |
Sources: Jack Ma has returned to China after over a year; sources: since late 2022, China Premier Li Qiang had urged Ma to return to allay private sector fears — Alibaba (9988.HK) founder Jack Ma has returned to China, ending a stay overseas of more than a year that industry viewed …
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| Sarah E. Needleman / Wall Street Journal: |
| Bloomberg: |
| Pranshu Verma / Washington Post: |
| Samriddhi Sakunia / Rest of World: |
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