Techmeme
January 7, 2023, 1:45 PM

Top News

Bloomberg:
Sources: the SEC and EDNY are scrutinizing transfers between DCG and the lending arm of its subsidiary Genesis; the probes have not accused DCG of wrongdoing  —  US authorities are digging into the internal financial dealings of Barry Silbert's expansive crypto empire, according to people familiar with the matter.
Tony Ho Tran / The Daily Beast:
GPTZero, an app made by a Princeton student to detect if an academic essay was written by a human or by OpenAI's ChatGPT, goes viral  —  “Humans deserve to know when the writing isn't human.”  —  Deputy Editor, Innovation & Tech … Edward Tian was fast asleep when his bot broke a website.
Reuters:
China's Ant Group says founder Jack Ma will give up control of the fintech giant as it nears the completion of its two-year regulatory-driven restructuring  —  China's Ant Group said on Saturday that its founder Jack Ma no longer controls the Chinese fintech giant after a series …
Andy Greenberg / Wired:
Mandiant: Russian cyberespionage group Turla piggybacked on other hackers' decade-old malware that spread via USB drives to stealthily access victim networks  —  The infamous, FSB-connected Turla group took over other hackers' servers, exploiting their USB drive malware for targeted espionage.
Aaron Holmes / The Information:
Sources: Microsoft is working on incorporating existing and future versions of OpenAI's GPT in Word, PowerPoint, Outlook, and other productivity apps  —  In a move that could change how more than a billion people write documents, presentations and emails, Microsoft has discussed incorporating …
Mitchell Clark / The Verge:
Kuo: Apple canceled its fourth gen iPhone SE, in which it planned to debut its own 5G modem; the cancelation could be due to poor sales of mid-to-low-end phones  —  On Friday, Kuo wrote in a blog post that Apple had canceled production and shipment plans for the phone after his prediction …
Eric Slivka / MacRumors:
Parmy Olson / Bloomberg:
Irish DPC's €390M Meta fine, issued at the behest of European Data Protection Board, is a harbinger of how EU may crack down on Big Tech in the next two years  —  Meta Platforms Inc. is used to batting away the occasional fine from European regulators as a cost of doing business.
Jennifer Maas / Variety:
Roku reports ending 2022 with more than 70M accounts globally, up 16.5% from the end of 2021, and says streaming hours grew 19% YoY to 87.4B in 2022  —  The customer total was up 16.5% from the end of 2021, when Roku totaled 60.1 million global accounts.  —  Per Roku, streaming hours reached …
Sam Sutton / Politico:
The SEC is working on a rule, which could be finalized this quarter, to make it easier for investors to sue VCs for bad behavior, negligence, and recklessness  —  After being battered by rising interest rates and choppy markets, the venture capital industry is sweating new regulations that could expose fund managers to legal risks.
Wired:
Some Twitter staff in the US and other countries laid off by Elon Musk in November say they have not received information about the severance they were promised  —  Staff laid off by Elon Musk were assured they would be compensated following mass cuts.  As the deadline passes, the silence has been deafening.

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Earlier Picks

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CNBC: