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November 21, 2023, 7:50 PM
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| CNBC: |
Binance and CZ plead guilty to federal charges as part of a $4.3B settlement with the US DOJ; charges include violating sanctions and anti-money laundering laws — - The U.S. Department of Justice has brought criminal charges against Binance and its billionaire founder and CEO, Changpeng Zhao.
More: US Department of Justice, New York Times, Binance Blog, VICE, PYMNTS.com, Reuters, Gizmodo, CoinDesk, Decrypt, Bloomberg, Bloomberg, Reuters, The Record, The Block, U.S. Department …, CoinDesk, Cointelegraph, International Business Times, Decrypt, Engadget, Blockworks, Finextra, Politico, NBC 7 San Diego, Crypto Daily, NBC News, CryptoSlate, South China Morning Post, SiliconANGLE, CryptoGlobe, The Block, TechCrunch, Reuters, Office of Foreign …, Watcher Guru, DL News, Blockworks, Associated Press, Fortune, New York Daily News, Fortune, crypto.news, CNBC Television on YouTube, Coinpedia Fintech News, Wired, CoinDesk, and Unchained Crypto
| Wall Street Journal: |
Filing: Changpeng Zhao agrees to pay a criminal fine of $50M and can retain his majority ownership of Binance but can't hold an executive role at the company — Zhao's crypto exchange will also admit wrongdoing and agree to pay $4.3 billion in fines — The chief executive of Binance …
More: Blockworks, Reuters, CoinDesk, DL News, The Verge, The Block, Forbes, Bloomberg, InfoRiskToday.com, Foreign Policy, Cryptopolitan, Mashable, Watcher Guru, crypto.news, TIME, and NBC 7 San Diego
X: @smdiehl, @autismcapital, @kantrowitz, @fintechfrank, @100trillionusd, @mattomattik, and @vcbrags
Forums: Hacker News, r/Buttcoin, r/neoliberal, and r/news
| @cz_binance: |
Changpeng Zhao steps down as CEO of Binance, and Richard Teng, formerly the Global Head of Regional Markets, has been named CEO — Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility.
More: Decrypt, Decrypt, NBC News, GeekWire, Semafor, Forbes, Forbes, Blockworks, The Block, Washington Post, Cointelegraph, Cointelegraph, Cryptopolitan, The Hill, Variety, CNN, CNBC, Fast Company, Financial Times, Binance Blog, and The Information
| Financial Times: |
Sources: 97%+ of OpenAI staff have signed the letter threatening to quit in board standoff; investors explore legal measures to force board to reverse course — More than 95% of employees have threatened to quit and join Microsoft if board refuses to resign
More: The Verge, Wall Street Journal, Los Angeles Times, SemiAnalysis, Platformer, The Guardian, Washington Post, BBC, New York Times, Axios, Business Insider, Wall Street Journal, Washington Post, Tech Monitor, The Information, Bloomberg, Politico, OpenAI, Wccftech, Wired, Cult of Mac, The Hill, Reuters, Observer, ComputerWeekly.com, MarTech, KNSD-TV, Business Insider, Telegraph, and Data Center Knowledge
Threads: @nxthompson. Bluesky: @fack.bsky.social. X: @kevin_scott, @lilianweng, @e0m, @schrep, @mustafasuleyman, @10x_er, @arthur_spirling, @coloradotravis, @alexandergerko, @levie, @shakoistslog, @gergelyorosz, @loganbartlett, @alexgraveley, @danshipper, @parmy, @quantian1, @lessin, @kris, @natemcgrady, @teneikaask_you, @reedalbergotti, @dharmesh, @liron, @nivi, @garybasin, @mattturck, @wyatt_privilege, @paulg, @pmarca, @polynoamial, @munster_gene, @marissamayer, @gerstenzang, @davidsacks, @fkasummer, @muneeb, @ronconway, @levie, @mattpaulsonsd, @millionint, @pearlf, @byrnehobart, @robleathern, @jowyang, @lex_node, @garymarcus, @eriktorenberg, @andrewmayne, @tunguz, @willmanidis, @asemota, @mickeyxfriedman, @joannastern, @alexrkonrad, and @tszzl
Forums: Hacker News, Hacker News, r/technology, r/ControlProblem, and Ars OpenForum
| Bloomberg: |
Sources: OpenAI interim CEO Emmett Shear has told people close to OpenAI that he doesn't plan to remain if the board can't clearly tell him why it fired Altman — Sam Altman and members of the OpenAI board have opened negotiations aimed at a possible return of the ousted co-founder …
More: Reuters, Ars Technica, Los Angeles Times, SiliconANGLE, Axios, The Hill, Vox, Fortune, Wired, PYMNTS.com, The Atlantic, Stack Diary, Associated Press, iTnews, VentureBeat, Wall Street Journal, The Messenger, Benzinga, CNBC, Thurrott, New York Magazine, The Information, Neowin, Global News, Engadget, DataBreachToday.com, Tech Xplore, GeekWire, New York Post, Tech Brew, Game Rant, WinBuzzer, Dexerto, and Bloomberg
Mastodon: @carnage4life@mas.to. Bluesky: @waxmonkey.bsky.social. X: @ashleevance, @karaswisher, @karaswisher, and @ashleevance
Forums: Hacker News, r/singularity, r/ChatGPT, Slashdot, and Ars OpenForum
| Kara Swisher / @karaswisher: |
Sources: fruitful negotiations between OpenAI's board and Sam Altman's side are taking place; Microsoft is being kept apprised and is likely to get board seats — Update on @OpenAI situation: Many sources tell me fruitful negotiations are taking place now between @sama side (he has a crew of well known outside tech pals helping like @bchesky and @btaylor) and the board side, who are repped by @adamdangelo and interim ceo @eshear.
| Kristi Hines / Search Engine Journal: |
Anthropic debuts Claude 2.1, offering a context window of up to 200K tokens, or ~150K words, a claimed 50%+ increase in accuracy, new API integrations, and more — Claude 2.1 boasts a 150K word context window to parse long documents, 50%+ accuracy gains, early support for tool integration, and more.
More: Anthropic, The Register, The Messenger, Computerworld, VentureBeat, The Verge, Engadget, CryptoGlobe, Forbes, SiliconANGLE, Baseline, TechCrunch, and Stack Diary
Threads: @joenandez. X: @anthropicai, @mattshumer_, @neeravkingsland, and @_akhaliq. Forums: r/ClaudeAI
| Adi Robertson / The Verge: |
Texas' AG, “troubled” by Elon Musk's claims, probes Media Matters, which calls X's suit “frivolous”; X avoids anti-SLAPP statutes by filing in the 5th Circuit — X, formerly Twitter, has followed through with owner Elon Musk's threat to sue the left-leaning nonprofit Media Matters.
More: Texas Attorney General, Mercury News, The Hill, New York Times, CNBC, Techdirt, Axios, The Messenger, The Popehat Report, CNN, Vanity Fair, BBC, The Drum, Wired, The Register, TechCrunch, Business Times, Wall Street Journal, The Information, Daily Mail, New York Daily News, Bloomberg, and The Wrap
Threads: @matthewcortland, @originalspin, @reckless1280, @timothyjchambers, @matthewcortland, @malwaretech, @matthewcortland, @malwaretech, @jerrybadthings, @carnage4life, @mattnavarra, @esqueer_, @malwaretech, @noturtlesoup17, @aridrennen, @dogs10gods0, @malwaretech, @datadrivenmd, @davmicrot, @chancerydaily, @tristansnell, @rodhilton, @oneunderscore__, @nicholasrfish, @deanobeidallah, @swaffordaustin, and @chrisgeidner
Mastodon: @paul@tapbots.social, @carnage4life@mas.to, @dangoodin@infosec.exchange, and @alexwild@mastodon.online. Bluesky: @kenwhite.bsky.social
| Jordan Novet / CNBC: |
Nvidia reports Q3 revenue up 206% YoY to $18.12B, vs. $16.18B est., Data Center revenue up 279% YoY to $14.51B, and net income up 1,259% YoY to $9.2B — - Nvidia's results surpassed analysts' projections for revenue and income in the fiscal fourth quarter.| Mark Gurman / Bloomberg: |
Sources: Sonos to make a long-awaited push into headphones with a $400 model coming as early as April, is working on a video service and streaming device, more — - Company plans to compete with Bose and Apple with headphones — New Roam speaker, high-end sound bar and video service coming| Anel Islamovic / Stability AI: |
Stability AI releases Stable Video Diffusion in research preview, its first foundation model for generative video based on the Stable Diffusion image model — Today, we are releasing Stable Video Diffusion, our first foundation model for generative video based on the image model Stable Diffusion.
More: TechCrunch and The Decoder
X: @iscienceluvr, @_akhaliq, and @stabilityai
Forums: Hacker News, r/StableDiffusion, and r/MachineLearning
| Lauren Goode / Wired: |
Q&A with Del Harvey, who led Twitter's trust and safety team for 13 years until 2021, on the X rebrand, her role, Gamergate, Donald Trump, January 6, and more — From Israel vs. Hamas threats to Donald Trump's “wild” posts, Del Harvey helped make the platform's hardest content moderation calls for 13 years.
More: Business Insider. Mastodon: @kennwhite@mastodon.social, @anildash@me.dm, @aulia@octodon.social, and @igb@mastodon.hccp.org
X: @emmaroller and @wexler
Forums: r/Twitter and r/Fuckthealtright
| Jem Aswad / Variety: |
Spotify unveils new royalty policies from 2024: tracks must hit 1,000 streams in the previous year and noise recordings must be over two minutes — The company claims the updates will drive an additional $1 billion toward artists, by re-directing the payments that had previously gone to fraudulent streams …
More: Spotify for Artists, The Verge, 9to5Mac, Billboard, TechCrunch, and Engadget
| Kyle Wiggers / TechCrunch: |
Former OpenAI President Greg Brockman announces that ChatGPT's voice narration feature is now available to all free users — Ex-OpenAI president Greg Brockman — who, as far as we're aware, isn't currently employed at OpenAI in any capacity — is posting updates about OpenAI products on X …
More: The Verge, 9to5Google, Gizmodo, Bloomberg, Neowin, and TestingCatalog
Threads: @wongmjane. Bluesky: @marypcbuk.bsky.social. X: @openai, @ryanmorrisonjer, @khademinori, @joannastern, @romainhuet, @woj_zaremba, @nickaturley, @kantrowitz, @levie, @autismcapital, and @gdb
| The Verge: |
Epic v. Google: a Google exec confirms that Spotify pays no commission when users buy subscriptions via Spotify's payment system and 4% when they pay via Google — Music streaming service Spotify struck a seemingly unique and highly generous deal with Google for Android-based payments …
More: Gizchina, GreekReporter.com, Hindustan Times, Android Central, and Engadget
| Malathi Nayak / Bloomberg: |
More: GamesIndustry.biz, Associated Press, and HotHardware
| Sam Tobin / Reuters: |
A London tribunal rules Sony must face a lawsuit alleging it abused its dominance by forcing digital games and add-ons to be bought and sold only via its store — Sony (6758.T) must face a mass lawsuit worth up to 6.3 billion pounds ($7.9 billion) over claims the PlayStation maker abused …
More: Game Developer, Dot Esports, IGN, Video Games Chronicle, Kotaku, and Competition Appeal Tribunal. Forums: r/Games
| Olivia Solon / Bloomberg: |
Palantir and Accenture win a £480M NHS contract to overhaul the UK's patient data system; some worry about privacy as patients can't opt out of data sharing — - Platform will help hospitals detect patterns in medical data — Palantir's software managed UK's Covid vaccine rollout| Winston Cho / Hollywood Reporter: |
A US district judge dismisses most claims in a lawsuit by Sarah Silverman and other authors against Meta's use of copyrighted material to train Llama models — The ruling builds upon findings from another federal judge overseeing a lawsuit against AI art generators, who similarly delivered … | Zaheer Kachwala / Reuters: |
Broadcom plans to close its $69B VMware acquisition on November 22, after receiving approval from Chinese regulators, which added new restrictions — Broadcom (AVGO.O) said it planned to close its $69 billion acquisition of cloud computing firm VMWare (VMW.N) on Wednesday …
More: San Francisco Business Times, Financial Times, SiliconANGLE, TechStartups, PR Newswire, and Bloomberg
X: @ctoadvisor and @ryanshrout
| Semafor: |
Skype co-founder Jaan Tallinn, one of the most prominent backers of “effective altruism”, now questions the merits of running companies based on the philosophy — One of the most prominent backers of the “effective altruism” movement at the heart of the ongoing turmoil at OpenAI …
More: Reuters
| The Information: |
Tiger Global Management's Scott Shleifer will transition from his role leading private investments to a senior adviser role, effective January 1, 2024 — Scott Shleifer, a key architect of Tiger Global Management's aggressive private tech dealmaking during the 2020-2022 startup boom …
More: Bloomberg, TechCrunch, Financial Times, Wall Street Journal, and Axios
| Kyle Wiggers / TechCrunch: |
LucidLink, which helps teams work on files without having to download or sync them, raised a $75M Series C and says it has nearly 5x ARR growth over two years — LucidLink, a startup offering a platform that enables teams to work on files without having to download or sync them …
More: Blocks and Files and LucidLink
| Financial Times: |
Filings: Tether deposited $1B+ with Britannia Financial, founded by a Tory donor later charged by the US with bribery, a rare look at its banking relationships — Funds from the world's largest stablecoin issuer are at the centre of a High Court battle — Tether deposited more than $1bn …
More: Cointelegraph, Bitcoinist.com, and Protos
X: @bitfinexed, @bondhack, and @ttmygh
Forums: r/CryptoCurrency and r/Buttcoin
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