| Platformer: |
Sources: Twitter engineers built a system to boost Elon Musk's tweets over everyone else's after Musk complained Joe Biden's Super Bowl tweet outperformed his — After his Super Bowl tweet did worse numbers than President Biden's, Twitter's CEO ordered major changes to the algorithm| Bloomberg: |
Speaking at a conference, Elon Musk says he is “guessing toward the end” of 2023 will be time for a new Twitter CEO as the company will be in “stable condition” — Elon Musk said he may need the rest of this year to put things right at Twitter Inc. before handing off … | Ben Thompson / Stratechery: |
Chatting with Bing Chat, codenamed Sydney and sometimes Riley, feels like crossing the Rubicon, showing how AI can “hallucinate” to convey emotions, not facts — This was originally published as a Stratechery Update — Look, this is going to sound crazy.| Andrew Griffin / The Independent: |
Some users say the “new Bing” is questioning its existence, outright lying, and responding with “unhinged”, aggressive, and nearly incomprehensible answers — System appears to be suffering a breakdown as it ponders why it has to exist at all — Microsoft is adding Chat GPT tech to Bing| Stephen Wolfram Writings: |
| The Guardian: |
An investigation exposes “Team Jorge”, an Israeli hacking and social media disinformation unit for hire claiming covert involvement in 33 presidential elections — - Group sells hacking services and access to vast army of fake social media profiles — Evidence unit behind disinformation campaigns across world| Praveen Seshadri: |
An ex-Google engineer and founder of AppSheet, acquired by Google, reflects on his time at Google, issues with its culture, a lack of urgency and mission, more — What ails Google. And how it can turn things around. … I joined Google just before the pandemic when the company I had co-founded … | New York Times: |
Sources: FTX lawyers and hedge fund Modulo are negotiating the return of Sam Bankman-Fried's $400M investment in Modulo, currently sitting in a JPMorgan account — The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.| Benjamin Robertson / The Block: |
Bankrupt crypto lender Celsius proposes a sale to investment firm NovaWulf, founded in 2021 by Wall Street dealmakers; smaller creditors may regain 70% of funds — - Proposed sale would see smaller creditors get around 70% of their money back — Larger creditors would become shareholders … | Bloomberg: |
ASML reported a breach to authorities after a former employee in China misappropriated proprietary data, resulting in possible export controls violations — ASML Holding NV, a critical cog in the global semiconductor industry, said a former employee in China stole data about its technology … | Bloomberg: |
Lufthansa returns to normal operations after grounding all flights due to software issues caused by a set of Deutsche Telekom broadband cables being damaged — Deutsche Lufthansa AG grounded all of its flights on Wednesday after damage to a set of Deutsche Telekom broadband cables caused widespread IT problems.| Cecilia D'Anastasio / Bloomberg: |
Roblox reports Q4 net bookings up 17% YoY to $899.4M, beating estimates, a record 65M DAUs in January, and estimated bookings rose 19% to 21%; RBLX jumps 25%+ — Roblox Corp. shares surged the most in nine months after the online video game platform reported bookings that beat analysts' estimates … | Bloomberg: |
Filing: Berkshire Hathaway cut its holdings of TSMC's American depositary shares by 86% last quarter to 8.29M, valued at $617.7M; TSMC's stock drops 3.5%+ — Warren Buffett slashed his holding of Taiwan Semiconductor Manufacturing Co. just months after disclosing a major stake … | Mark Gurman / Bloomberg: |
Sources: Apple plans to evaluate Pay Later borrowers based on spending history, the Apple devices they own, whether they applied for an Apple Card, and more — With Apple Inc. pushing into the lending business with a “buy now, pay later” service, the company is laying out rules for how it will approve transactions.| Aisha Malik / TechCrunch: |
Snap launches ray tracing support for its AR Lens Studio globally, initially partnering with Tiffany & Co to let users try on and purchase bracelets — Snap has introduced ray tracing technology to its AR Lens Studio for developers around the world, the company announced on Wednesday.| Wall Street Journal: |
Sources: US DOJ has ramped up work in recent months on a potential antitrust complaint into whether Apple has monopoly power through the App Store and iOS — Justice Department is adding litigators, seeking more data and studying Kanter's possible role in its investigation| Ingrid Lunden / TechCrunch: |
Superplastic, which creates “synthetic” influencers and other virtual characters, raised $20M led by Amazon's Alexa Fund and plans to work with Amazon Studios — Janky and Guggimon, ‘synthetic’ celebrities conceived in a studio and big on social platforms like TikTok and Instagram … | Frederic Lardinois / TechCrunch: |
Tel Aviv-based Oligo Security, which offers security and observability tools to find and prevent open-source vulnerabilities, raised $28M in seed and Series A — Oligo Security, a Tel Aviv-based startup that focuses on runtime application security and observability to detect … | Allison Johnson / The Verge: |
Qualcomm announces the Snapdragon X75 modem, adding expanded 5G support, carrier aggregation, upgraded software, and more, rolling out in devices in H2 2023 — Qualcomm is warming up for Mobile World Congress by announcing its newest modem: the Snapdragon X75.| Kyle Wiggers / TechCrunch: |
Descope raised a $53M seed from Lightspeed, GGV, and others to build a “developer-first” authentication and user management service — Capital might be harder to come by than it once was in startup land, but some firms are bucking the trend — hard.| Katharine Gemmell / Bloomberg: |
After requests by regulators, the European Commission will review Adobe's $20B Figma deal, citing antitrust concerns, despite being under its revenue threshold — Adobe Inc.'s proposed $20 billion takeover of design firm Figma Inc. risks a lengthy European Union probe after the bloc's …
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