| Financial Times: |
Sources: Google invested ~$300M in Anthropic for a ~10% stake, making the generative AI startup use the money on Google Cloud, echoing Microsoft's OpenAI deal — Cash-for-computing deal shows how large tech groups are investing in companies at the vanguard of generative AI| Kevin Roose / New York Times: |
Inside ChatGPT's rushed launch, as OpenAI feared that rivals might upstage them; Sam Altman now worries about regulatory backlash and inflated expectations — Even inside the company, the chatbot's popularity has come as something of a shock. — One day in mid-November … | Rohan Goswami / CNBC: |
Activision Blizzard settles with the SEC for $35M, over claims of violating federal whistleblower protections and not maintaining adequate disclosure standards — - Activision Blizzard will settle with the SEC for $35 million, over claims that the company violated federal whistleblower protections … | Wall Street Journal: |
Sources: the FTC is preparing an antitrust lawsuit against Amazon, though the timing remains in flux, and is also scrutinizing Amazon Prime's bundling practices — Federal Trade Commission considers challenge to array of practices by Amazon, a target of criticism from Chair Lina Khan| BuzzFeed News: |
Twitter ending free API access could have the unfortunate side effect of killing many useful bots, like @MakeItAQuote, @BigTechAlert, @_weather_bot_, and more — “I'm not paying a dime to Elon lol.” — Pranav Dixit — One of the most popular bots on Twitter is @MakeItAQuote, which has more than 565,000 followers.| TechCrunch: |
| Mitchell Clark / The Verge: |
Elon Musk says Twitter will start sharing revenue from reply-thread ads with creators who are subscribed to Twitter Blue Verified, but doesn't share any details — Elon Musk says that Twitter will start sharing revenue from reply-thread ads with creators who are subscribed to Twitter Blue Verified.| Aaron Tilley / Wall Street Journal: |
Tim Cook says iPhone revenue would have grown without supply constraints, currency fluctuations were a challenge, and layoffs are a “last resort kind of thing” — Revenue in holiday quarter fell for the iPhone maker for the first time in nearly four years| Kif Leswing / CNBC: |
| Apple: |
| Davey Alba / Bloomberg: |
Sundar Pichai says Google will make LLMs like LaMDA available “in the coming weeks and months”, and users will be able to use them “as a companion to search” — Google parent Alphabet Inc. reported fourth-quarter results that narrowly missed analysts' expectations … | Alphabet: |
| Todd Spangler / Variety: |
| Jennifer Elias / CNBC: |
| Dave Lee / Financial Times: |
Amazon, Meta, Alphabet, and Microsoft will collectively incur $10B+ in charges related to 50,000 job cuts, real estate changes, and other cost saving measures — Amazon, Meta, Alphabet and Microsoft reveal hefty price tag as they rein in spending — Amazon, Meta, Alphabet and Microsoft … | Erin Woo / The Information: |
Source, document, and emails: PepsiCo and Anheuser-Busch committed to $3M+ and $2.4M, respectively, for Twitter takeover ads before and during the Super Bowl — After weeks of turmoil and layoffs, Twitter's sales team in recent weeks has reorganized to focus more on big advertisers and launch … | Matt Richtel / New York Times: |
Some US emergency services operators say they are inundated with false, automated calls by the Apple Watches or iPhone 14s of skiers and fitness enthusiasts — 911 dispatchers are buried under an avalanche of false, automated distress calls from skiers and other Apple device owners who are very much alive.| Amitoj Singh / CoinDesk: |
As the spat between Binance and WazirX escalates, Binance invites the Indian crypto exchange to withdraw its assets held in Binance wallets after February 3 — The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration.| Wall Street Journal: |
Documents offer a look at the four men, including a former child actor, who once owned ~86% of Tether Holdings, incorporated in 2014, and their ties to Bitfinex — The stablecoin has become a lucrative business at center of crypto economy — Tether Holdings Ltd. operates a $68 billion stablecoin … | Alex Weprin / The Hollywood Reporter: |
Amazon reports content spending up 28% YoY to $16.6B in 2022, of which ~$7B went to originals, live sports, and licensed third-party content included with Prime — The expenses related to video and music content were up 28 percent from 2021, when the tech giant spent $13 billion.| Amazon: |
| Alexandra Bruell / Wall Street Journal: |
Sports Illustrated publisher Arena Group is working with AI startups Jasper and Nota to help produce articles from its own content library and pitch journalists — Arena Group uses the technology to help produce Men's Journal pieces such as workout tips — The publisher of Sports Illustrated … | Rita Liao / TechCrunch: |
Two days after approving decentralized social network Damus, Apple complies with China's ask to remove the app from the App Store in China for “illegal” content — Damus, one of the fastest-growing Twitter alternatives, has been pulled from China's App Store just two days after the app was approved by Apple.
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| Aoyon Ashraf / CoinDesk: |
| Sergiu Gatlan / BleepingComputer: |
| Tom Schoenberg / Bloomberg: |