Techmeme
May 13, 2023, 9:40 AM

Top News

Lillian Rizzo / CNBC:
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Washington Post:
A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets  —  Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation.
New York Times:
A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals' content and gave the CCP “supreme access”  —  The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content …
Tracy Wang / CoinDesk:
Binance announces its exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the market “no longer tenable”  —  The world's largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.
Will Douglas Heaven / MIT Technology Review:
The open-source AI boom is precarious because it is built on top of giant models like LLaMA and GPT-3, and could collapse if Meta and OpenAI decide to shut shop  —  Greater access to the code behind generative models is fueling innovation.  But if top companies get spooked, they could close up shop.
Guy Chazan / Financial Times:
Germany plans to spend billions to subsidize its chip industry and secure the “oil of the 21st century”, as some believe the move does not make economic sense  —  The Scholz government is spending billions subsidising the country's semiconductor industry.  Some believe it does not make economic sense
Nilay Patel / The Verge:
An interview with Sundar Pichai on the future of Search, AI being one of the deepest platform shifts, his vision for Google, merging DeepMind, and more  —  AI is one of the deepest platform shifts ever, says Google's CEO, and he's not worried about being first.  —  Sundar Pichai is the CEO of Google and Alphabet.
Kirsten Korosec / TechCrunch:
Autonomous delivery startup Nuro will lay off 30% of its workforce, or ~340 people, as part of a restructuring; Nuro laid off 20% of its staff in November 2022  —  Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees, across the company as part of a restructuring meant to extend its capital runway.
More: Engadget
Wall Street Journal:
A look at Apple's unusual approach to building its MR headset, which took seven years to develop and which will still be an experimental product at launch  —  Apple's soon-to-be-revealed mixed-reality device will likely cost $3,000, requires a separate battery pack and is still experimental
Wall Street Journal:
Law firms and companies' legal teams are experimenting with AI tools that can handle work done by entry-level lawyers, potentially reducing billable hours  —  Lawyers start to use GPT-4 technology to do legal research, draft documents and analyze contracts  —  Big law firms …

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Earlier Picks

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