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November 21, 2023, 11:55 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, U.S. Department …, CoinDesk, VICE, PYMNTS.com, CoinDesk, Gizmodo, Reuters, Decrypt, CoinDesk, Bloomberg, The Block, Cointelegraph, Fortune, Politico, TechCrunch, TweakTown, Bloomberg, Coinpedia Fintech News, KNSD-TV, NBC News, Fortune, crypto.news, South China Morning Post, New York Daily News, CNBC Television on YouTube, Associated Press, CryptoGlobe, The Block, SiliconANGLE, Blockworks, Engadget, Fortune, Wired, DL News, Office of Foreign …, CryptoSlate, The Record, Crowdfund Insider, Cryptonews, Unchained Crypto, and Finextra
X: @brian_armstrong, @nansen_ai, @twobitidiot, @danprimack, @iampaulgrewal, @dylanleclair_, @gergelyorosz, @wagieeacc, @tier10k, @rhorider, @chrisjbakke, @nikhileshde, @elonmusk, and @trustlessstate
Forums: r/FluentInFinance, r/ethtrader, and r/neoliberal
| 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, Bloomberg, CoinGape, Forbes, NewsBTC, CoinDesk, The Verge, Reuters, The Block, TIME, KNSD-TV, InfoRiskToday.com, Crypto Briefing, Foreign Policy, Cryptopolitan, crypto.news, and Mashable
X: @smdiehl, @autismcapital, @kantrowitz, @fintechfrank, @100trillionusd, @mattomattik, and @vcbrags
Forums: Hacker News, r/Buttcoin, r/neoliberal, r/technology, 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: Ars Technica, Decrypt, Semafor, NBC News, The Block, Decrypt, The Register, Crypto Daily, Livemint, CNBC, CoinGeek, CNN, Washington Post, Cybernews.com, Binance Blog, GeekWire, Cointelegraph, Cointelegraph, Forbes, Financial Times, Forbes, Fast Company, Cryptopolitan, Blockworks, The Information, and The Hill
| 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, Axios, New York Times, Platformer, Business Insider, Washington Post, The Information, OpenAI, Wired, Politico, Observer, iPhone in Canada Blog, Tech Monitor, Cult of Mac, Business Insider, Telegraph, and Data Center Knowledge
Threads: @nxthompson. Bluesky: @fack.bsky.social. X: @kevin_scott, @lilianweng, @e0m, @rao_hacker_one, @schrep, @ikeadrift, @mustafasuleyman, @arthur_spirling, @coloradotravis, @alexandergerko, @alexgraveley, @lessin, @kris, @natemcgrady, @teneikaask_you, @liron, @nivi, @garybasin, @mattturck, @wyatt_privilege, @paulg, @pmarca, @munster_gene, @fkasummer, @millionint, @byrnehobart, @robleathern, @garymarcus, @eriktorenberg, @andrewmayne, @tunguz, @willmanidis, @asemota, @joannastern, @parmy, @gerstenzang, @lex_node, @10x_er, @levie, @shakoistslog, @gergelyorosz, @danshipper, @quantian1, @reedalbergotti, @dharmesh, @polynoamial, @marissamayer, @davidsacks, @muneeb, @ronconway, @levie, @mattpaulsonsd, @pearlf, @jowyang, @mickeyxfriedman, @alexrkonrad, and @tszzl
Forums: Hacker News, Hacker News, Hacker News, r/technology, r/ControlProblem, r/singularity, 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: GitHub, Axios, Stack Diary, VentureBeat, Los Angeles Times, Livemint, Vox, CNBC, SiliconANGLE, New York Magazine, Wired, Fortune, PYMNTS.com, The Atlantic, The Information, iTnews, GeekWire, The Messenger, New York Post, Engadget, Dexerto, Thurrott, Benzinga, KNSD-TV, 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
| New York Times: |
Sources: before his ousting, Sam Altman made a move to push out board member Helen Toner because he thought a paper she had co-written was critical of OpenAI — Sam Altman attacked a member over a research paper that discussed the company, while directors disagreed about who should fill board vacancies open for months.
More: Simon Willison's Weblog, The Information, CSET, Wired, Business Insider, TechCrunch, and Australian Financial Review
Threads: @crumbler. X: @karaswisher, @kantrowitz, @levie, @samj, @garymarcus, @rowancheung, @robbensinger, @pitdesi, @thedreamstartup, @simonw, and @jeremyakahn. Forums: Hacker News
| 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.
| Wall Street Journal: |
More: Business Insider, Associated Press, and New York Times
Threads: @lessin, @carnage4life, @crumbler, and @joannastern
| 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, Decrypt, The Verge, The Register, Simon Willison's Weblog, TechCrunch, Stack Diary, Forbes, VentureBeat, Engadget, Computerworld, SiliconANGLE, Baseline, Voicebot.ai, Analytics India Magazine, The Decoder, and CryptoSlate
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, CNBC, Techdirt, SiliconANGLE, New York Times, CNN, The Hill, Axios, TechCrunch, The Popehat Report, The Drum, New York Daily News, MobileSyrup, The Messenger, Fast Company, Bloomberg, and The Wrap
Threads: @matthewcortland, @reckless1280, @timothyjchambers, @malwaretech, @malwaretech, @jerrybadthings, @carnage4life, @mattnavarra, @malwaretech, @originalspin, @matthewcortland, @matthewcortland, @esqueer_, @noturtlesoup17, @aridrennen, @dogs10gods0, @malwaretech, @datadrivenmd, @davmicrot, @chancerydaily, @tristansnell, @rodhilton, @oneunderscore__, @nicholasrfish, @deanobeidallah, @swaffordaustin, and @chrisgeidner
Mastodon: @paul@tapbots.social, @dangoodin@infosec.exchange, @carnage4life@mas.to, and @alexwild@mastodon.online. Bluesky: @kenwhite.bsky.social
X: @lindayax, @elonmusk, @kenpaxtontx, @erininthemorn, @scottjshapiro, @advisercounsel, @wendysiegelman, @collinrugg, @jamisonfoser, @joshuaerlich, @chrisgeidner, and @rmac18
Forums: Hacker News, r/FoxFiction, and r/FreeSpeech
| 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: 9to5Google, SiliconANGLE, Bloomberg, Neowin, The Verge, TestingCatalog, and Gizmodo
Threads: @wongmjane. Bluesky: @marypcbuk.bsky.social. X: @openai, @miramurati, @romainhuet, @khademinori, @joannastern, @woj_zaremba, @autismcapital, @nickaturley, @levie, @kantrowitz, @ryanmorrisonjer, and @gdb
Forums: Hacker News and r/technology
| 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| 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.| 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, Stack Diary, and The Decoder
X: @iscienceluvr, @_akhaliq, and @stabilityai
Forums: Hacker News, r/StableDiffusion, and r/MachineLearning
| 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 … | Reuters: |
The US FTC approves a new resolution to streamline investigations of cases where AI is used to break the law — Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process approved by the U.S. Federal Trade Commission, the agency said on Tuesday.
More: Federal Trade Commission, Stack Diary, and DeviceSecurity.io
| 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, TechCrunch, Engadget, and 9to5Mac
| Byron Kaye / Reuters: |
Australia unveils a A$587M seven-year cyber resilience plan that includes cyber health checks for small businesses and mandatory reporting of ransomware attacks — Australia will give cyber health checks for small businesses, increase cyber law enforcement funding and introduce mandatory reporting …
More: CSO, Bloomberg, iTnews, Cyber Daily, The Conversation, and Tech Xplore
| 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: @anildash@me.dm, @kennwhite@mastodon.social, @aulia@octodon.social, and @igb@mastodon.hccp.org
X: @emmaroller and @wexler
Forums: r/Twitter and r/Fuckthealtright
| 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: Financial Times, TechCrunch, Axios, Bloomberg, and Wall Street Journal
| 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 … | 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 … Sponsor Posts
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