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March 27, 2023, 3:35 PM
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memeorandum
WeSmirchTop News
| 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.
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FDIC, TechCrunch, Gizmodo, Associated Press, Associated Press, Axios, News Release Archive, The Hill, Watcher Guru, CNBC, Cointelegraph, Financial Times, New York Times, Reuters, Cryptopolitan, Livemint, WRAL TechWire, ExchangeWire.com, Bitcoinist.com, Coinspeaker, Ethereum World News, CoinDesk, Washington Post, GeekWire, Business Post, Inside Bitcoins, The Information, The Verge, and MarketWatch
LinkedIn:
Trefor Bacon, Zack Ellison, Jon Winick, Alois Pirker, and Andrea Lisi
Tweets:
@fdicgov, @business, @b6nbrown, @pitdesi, @ddayen, @matthewstoller, @mcbyrne, @bloombergtv, @axios, @firstcitizens, @washingtonpost, @om, @danprimack, @nmasc_, @om, @collins_belton, and @wideofthepost
| 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 …
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Web3 is Going Just Great, The Block, The Verge, CoinDesk, CNBC, TechCrunch, The Guardian, Bloomberg, Blockworks, Reuters, PYMNTS.com, Engadget, Financial Times, The Information, CoinDesk, Finextra, Crypto Daily, CryptoSlate, CryptoPotato, Crypto Briefing, The Daily Hodl, Bitcoinist.com, Bitcoin News, CoinGape, Cryptonews, Decrypt, Crowdfund Insider, Fortune, Cointelegraph, Wccftech, Coinpedia Fintech News, Watcher Guru, and Nikkei Asia
LinkedIn:
John Reed Stark. Mastodon:
@GossiTheDog@cyberplace.social and @caseynewton@mastodon.social
Tweets:
@cz_binance, @tier10k, @adamscochran, @kadhim, @tier10k, @web3isgreat, @anthony, @tree_of_alpha, @darealmilkbagz, @web3isgreat, @web3isgreat, @ragingventures, @imnotthewolf, @kimdotcom, @tier10k, @adamscochran, @dogetoshi, @kadhim, @nikhileshde, @autismcapital, @tree_of_alpha, @cftc, and @thestalwart
| 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.
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Microsoft 365 Blog, Windows Central, Microsoft Tech Community, CRN, BleepingComputer, PCWorld, The Verge, Engadget, Computerworld, Thurrott, XDA Developers, Tech Monitor, VentureBeat, iPhone in Canada Blog, Petri IT Knowledgebase, Directions on Microsoft, The new @MicrosoftTeams …, MSPoweruser, Neowin, WinBuzzer, Digital Trends, Microsoft Learn, MobileSyrup, CNBC, OnMSFT.com, BigTechWire, and TechRadar
LinkedIn:
Stefan Nordkamp, Nicole Herskowitz, and Chris Barry
Tweets:
@maryjofoley, @jeffteper, @archiecoder, and @mtholfsen
| 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
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Decrypt, PYMNTS.com, GameSpot, ExtremeTech, Tom's Hardware, Bitcoinist.com, TechSpot, Cryptonews, PC Gamer, CryptoSlate, Wccftech, Dexerto, TechPowerUp, TweakTown, Notebookcheck.net, VideoCardz.com, Cryptopolitan, and CryptoGlobe
Tweets:
@mattturck, @carnage4life, @_danilo, @jgarzik, @hkanji, and @investroiss
| 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 …
More:
Ars Technica, iPhone in Canada Blog, Candid.Technology, and Slashdot
| 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 …
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Zoom Blog, Silicon Republic, ZDNet, Computerworld, and Zoom Video Communications …
| 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
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New York Times, TechCrunch, The Record, CyberScoop, Reuters, The Verge, Washington Post, The White House, Engadget, SC Media, NBC News, The Hill, Associated Press, Axios, Federal Computer Week, PaymentSecurity.io, Nextgov, and Slashdot
Mastodon:
@howelloneill@infosec.exchange and @riana@mastodon.lawprofs.org
Tweets:
@jsrailton, @davidakaye, @nicoleperlroth, @lorenzofb, @artemisseaford, @nicoleperlroth, @jsrailton, @jsrailton, @fpwellman, @runasand, @dnvolz, @dnvolz, and @ericgeller
| 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.
More:
Inside Bitcoins, Blockworks, Decrypt, Watcher Guru, Cryptopolitan, Ethereum World News, Bitcoin News, CryptoSlate, CoinJournal, CryptoPotato, Cointelegraph, and Forkast
Tweets:
@saylor, @coinmamba, and @mattzeitlin
| Juli Clover / MacRumors: |
Apple releases iOS 16.4 with new emoji, Safari web push notifications for sites added to the Home Screen, Voice Isolation for calls, 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 …
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Emojipedia, AppleInsider, TechCrunch, Thurrott, CNET, 9to5Mac, Engadget, AppAdvice, MacStories, AppleInsider, XDA Developers, The Verge, 9to5Mac, DealNTech, MacDailyNews, Neowin, Forbes, Cult of Mac, iPhone Hacks, The Apple Post, OS X Daily, iDownloadBlog.com, Cult of Mac, Technical Ripon, BGR, iClarified, and Wccftech
| 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.
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GitHub, Ars Technica, Associated Press, Washington Post, TorrentFreak, XDA Developers, Gizmodo, PCMag, CNBC, SecurityWeek, BBC, Insider, BleepingComputer, San Francisco Business Journal, Techdirt, The Hill, Variety, 9to5Mac, gHacks Technology News, DataBreachToday.com, The Register, KnowTechie, CSO, CNN, MobileSyrup, Watcher Guru, Newser, Bloomberg, The Verge, Metacurity, The Guardian, Tech.co, Fortune, BGR, Engadget, Quartz, WinBuzzer, TechCrunch, TechCircle, TechCabal, Tech Startups, Financial Times, Telegraph, Neowin, Mashable, TechRadar, Digital Trends, CoinGape, New York Post, Reuters, Social Media Today, Techlusive, WRAL TechWire, SlashGear, MarketWatch, DataBreaches.net, and Deadline
Mastodon:
@GossiTheDog@cyberplace.social and @couts@mastodon.social
| 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
More:
PCMag, Insider, and TechSpot
Tweets:
@maxseddon, @klonkitchen, @oajonsson, @emmavj, @emilygorcenski, @fbermingham, @stokel, and @christopherjm
| 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.
Tweets:
@mikestabile and @gadgetlab
| Lyllah Ledesma / CoinDesk: |
Kaiko data: March 26 was Binance's lowest BTC volume day since July 4, 2022, a few days before it began zero-fee trading, which it mostly phased out last week — Zero-fee trade volume accounted for 66% of Binance's trading volume in mid-March prior to the decision to eliminate the promotion.Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
The 90-day recognition cliff: Why praise programs fade, and what keeps them alive — Recognition programs often start with enthusiasm. Employees participate, managers share shoutouts, and teams have a new way to celebrate achievements.
The 90-day recognition cliff: Why praise programs fade, and what keeps them alive — Recognition programs often start with enthusiasm. Employees participate, managers share shoutouts, and teams have a new way to celebrate achievements.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Big Technology Podcast:
SAP CEO: AI Won't Kill Software, But It Will Change Your Job — With Christian Klein
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
David Ellison's Paramount-Warner Empire & The Fight That Comes Next
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Sources:
Factory CEO on why AGI is already here
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Invest Like the Best:
Noah Shinn - Building Instinct: The Personal Agent
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
The grief, loneliness, and burnout sweeping through the tech industry right now | Molly Graham
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Great Chat:
Doomers at Dreamforce
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
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| Sarah E. Needleman / Wall Street Journal: |
LinkedIn:
Rob Schoeppe. Tweets:
@saraheneedleman, @jeffjarvis, @pavtalk, @wsj, @speechlyapi, @gunraidersvr, and @saraheneedleman
| Bloomberg: |
More:
crypto.news, Cryptonews, Cryptopolitan, Crypto Daily, CryptoSlate, Inside Bitcoins, CoinGape, Cointelegraph, Forkast, and Financial Times
LinkedIn:
Eugene Ng, Kelvin Low, and Kiuyan Wong
Tweets:
@cz_binance, @harry_forj, @eug_ng, @tehmoonwalker, @neopetsmeta, @degenspartan, and @justinsuntron
| Pranshu Verma / Washington Post: |
More:
The i Paper, VICE, Fast Company, Insider, and OnMSFT.com
Tweets:
@heykahn, @alistaircoleman, @samgregory, @michaeleaves, @washingtonpost, and @glynmoody
| Samriddhi Sakunia / Rest of World: |
| ProPublica: |
More:
MakeUseOf. Mastodon:
@Viss@mastodon.social. Tweets:
@craigsilverman, @propublica, @loh, @bryson_m, @propublica, @craigsilverman, @phil_lewis_, @craigsilverman, @craigsilverman, @craigsilverman, @propublica, @lynnearnold, @ianfrisch, @modernwood, @craigsilverman, @zulaqi, and @propublica