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January 2, 2024, 3:05 AM
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| Dan Primack / Axios: |
Filing: Fidelity marks down the value of its X stake, estimating the company is worth ~28% of the $44B that Elon Musk paid, down from 33% in May 2023 — Fidelity has again marked down the value of its shares in X Holdings, which the mutual fund giant helped Elon Musk buy for $44 billion when the company was known as Twitter.| John Kruzel / Reuters: |
In his year-end report, SCOTUS Chief Justice John Roberts says AI is a mixed blessing for the legal field, urging “caution and humility” as the tech is adopted — Artificial intelligence represents a mixed blessing for the legal field, U.S. Supreme Court Chief Justice John Roberts …
More: Supreme Court of the United States, The Hill, CNN, SiliconANGLE, CryptoSlate, Cryptopolitan, New York Post, Associated Press, USA Today, Politico, Livemint, New York Times, Bloomberg, and The Messenger
Threads: @carnage4life. X: @stevenmazie, @stevenmazie, @lawrencehurley, @baseballcrank, @josephpatrice, and @tribelaw. Forums: Slashdot
| Bloomberg: |
Sources: ASML canceled shipments of some of its machines to China at the US' request, weeks before export bans on the high-end chipmaking equipment took effect — - ASML canceled shipments of a liminted number of devices — Biden is cracking down on Beijing's semiconductor industry| Mohar Chatterjee / Politico: |
A look at AI chatbots modeled on real experts, like US psychologist Martin Seligman, that are often created without permission, highlighting a policy gray area — New AI-generated digital replicas of real experts expose an unnerving policy gray zone. Washington wants to fix it, but it's not clear how.
Threads: @rufustheruse. Mastodon: @carnage4life@mas.to. X: @tonyromm, @moharchat, @jasoncolavito, @pauldemko, and @bruneelections. LinkedIn: Rafael Brown
| Michael Acton / Financial Times: |
A look at the future of Apple's $85B/year services business, as the company faces key US court cases in 2024 and prepares to allow iOS app sideloading in the EU — Landmark EU regulation and crucial US court cases due in 2024 will test the tech company — Apple faces a legal reckoning in 2024 … | Ash Parrish / The Verge: |
The scope and scale of layoffs in the video game industry in 2023 was far beyond a typical year, with an estimated 10,466 workers losing their jobs globally — Layoffs are an unfortunate reality of any industry, but the scope and scale of video game layoffs in 2023 are far beyond a typical year.| NBC News: |
California laws leave driverless vehicles immune from traffic tickets, while Texas and Arizona rewrote traffic laws to issue tickets to AV owners for violations — City streets are the testing ground for hundreds of self-driving cars in California, despite safety concerns and gray areas surrounding traffic laws.| Keza MacDonald / The Guardian: |
A profile of Mario and Zelda creator Shigeru Miyamoto, who joined Nintendo in 1977 and says he has no plans to retire as representative director at the company — Few people have influenced global pop culture as much as the creator of Mario and Zelda, widely considered the father of modern gaming.
More: Polygon, Cryptopolitan, TheGamer, GoNintendo, Game Rant, and My Nintendo News
| Bloomberg: |
Filing: Baidu terminates its $3.6B acquisition of Joyy's Chinese livestreaming business YY Live, as some conditions haven't been met; Joyy seeks legal advice — - Tech industry's focus has turned to generative AI now … The Beijing-based company said its $3.6 billion deal for Joyy's YY Live …
More: Forbes, Tech in Asia, Reuters, Wall Street Journal, JOYY Inc., and SiliconANGLE
X: @desmondjywee and @alex__pitti
| Financial Times: |
Employees, sources, and experts describe crisis at Alibaba as the company struggles to chart a new course and an ambitious restructuring did not go as planned — Once Asia's most valuable company, the group has fallen behind rivals amid a chaotic restructuring| Tim Bradshaw / Financial Times: |
Counterpoint: ~16M foldable phones were sold in 2023, just 1.3% of all 1.2B smartphones, as foldables start to gain traction in markets like the US and China — Samsung, Motorola and Huawei continue to invest in high-priced flip devices despite weak sales — Every large smartphone maker …
More: MobileSyrup, SamMobile, Techaeris, Cryptopolitan, and Tom's Guide
| Nikkei Asia: |
Nikon, Sony, and Canon are developing camera tech that embeds digital signatures in images so that they can be distinguished from realistic AI-generated fakes — Digital signatures to provide way to tell real photos from — Sony will release a firmware for professional-grade cameras to embed digital signatures to photos.
More: PCMag and TechLifeWeb
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Qualcomm's CEO on the coming AI phone supercycle
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Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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