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Techmeme
December 4, 2023, 9:30 AM
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Top News

Manish Singh / TechCrunch:
Spotify plans to lay off ~17% of its workforce, or ~1,500 staff, to “rightsize” its costs, citing slow growth and rising capital costs, after cutting 6% in June  —  Spotify is eliminating about 17% jobs, its third round of layoffs, as the music streaming looks to become “both productive and efficient.”
Joseph Menn / Washington Post:
Disinformation scholar Joan Donovan claims in a whistleblower filing that her superiors soured on her as Harvard got the Chan Zuckerberg Initiative's $500M gift  —  In a whistleblower complaint, she breaks her silence over events that unsettled other misinformation researchers
New York Times:
A deep dive into the founding of DeepMind, OpenAI, and Anthropic, as many of their backers feared the risks of advanced AI but wanted the power to shape it  —  The people who were most afraid of the risks of artificial intelligence decided they should be the ones to build it.
Peter Martin / Bloomberg:
US Commerce Secretary Gina Raimondo says her department needs more money to stop China on chips and calls out Nvidia for redesigning for the Chinese market  —  - US commerce secretary cites Nvidia designs as case in point  — Tells chip CEOs ‘such is life’ as US security trumps revenue
Paresh Dave / Wired:
Documents: OpenAI signed a letter of intent in 2019 to spend $51M on brain-inspired chips developed by startup Rain AI, in which Sam Altman had invested $1M+  —  Documents show that OpenAI signed a letter of intent to spend $51 million on brain-inspired chips developed by startup Rain.
Mark Gurman / Bloomberg:
Chase Bank could be an ideal Goldman Sachs replacement for Apple Card, as it uses the same Mastercard network and already has a strong relationship with Apple  —  Apple and Goldman Sachs are on the verge of splitting up, and Chase is the ideal partner to step in.
Benjamin Stupples / Bloomberg:
After Meta jumped 172% in the year to November, Mark Zuckerberg sold 682K shares worth almost $185M via trading plans, his first share sale since November 2021  —  - Meta co-founder unloaded $185 million of stock in November  — Sales come as Meta outperforms most major US tech companies
Financial Times:
IBM announces 10 quantum computing projects, focusing on areas like simulating quantum physics and solving problems in chemistry and materials science  —  Use of technology to solve scientific problems still falls short of commercialisation  —  Quantum computing is starting to fulfil …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:30 AM ET, December 4, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

David Ellison / @ellisonskydance:
David Ellison announces that the combined Paramount and Warner Bros. Discovery will be called Skydance “to preserve what has made each of these studios iconic”

New York Times:
Sources: Trump personally told his budget director to use taxpayer money for TV ads praising his presidency; at least four spots have run at a cost of ~$5.5M

Kristen Hare / Poynter:
Q&A with a co-author of a study on independent US journalism: 40% of respondents got all their income from their sites and ~80% were nearly 100% reliant on ads

More News

Bloomberg:
Bitcoin trades above $40K for the first time since May 2022, as the digital asset extends its 2023 rebound on expectations of interest-rate cuts and ETF demand
Matt Levine / Bloomberg:
Researchers show AI misalignment in a GPT-4-based stock trading bot that performed insider trading in a simulated environment without being instructed to do so

Earlier Picks

Christopher Mims / Wall Street Journal:
The threat to Intel now comes from a whole ecosystem of companies, including nearly every tech giant, although the chip giant is still a strong competitor
Maria Sherman / Associated Press:
Kiss' three current members reveal digital avatars of themselves, created by Pophouse and George Lucas' ILM, which will tour as the rock band stops live touring
Tara García Mathewson / The Markup:
How a California college uses data collection tools to track students' daily movements, like homework trackers, e-proctoring software, and license plate readers
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