Techmeme
March 2, 2023, 2:30 PM

Top News

Nikhilesh De / CoinDesk:
Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe, and Gemini suspend business operations with Silvergate, which reported being “less than well-capitalized”  —  Silvergate's clients Coinbase, Circle, Paxos, Crypto.com, Bitstamp, Cboe Digital Markets and Gemini said they will suspend business with the bank.
CoinDesk:
Filing: crypto-friendly US bank Silvergate delays filing its annual report, citing investigations from regulators, Congress, and the US DOJ; SI plunges 50%+  —  Shares fell over 10% in after-hours trading.  —  Christy Goldsmith Romero … Commissioner  —  U.S. Commodity Futures Trading Commission
CyberScoop:
The Biden administration issues a national cybersecurity strategy, seeking to impose minimum standards, shift responsibility to larger software makers, and more  —  The strategy represents a shift in how Washington approaches cybersecurity, veering toward a more strictly regulated approach.
John Gruber / Daring Fireball:
After Twitter banned third-party clients, Tapbots and The Iconfactory update Tweetbot and Twitterrific to ask subscribers to consider declining prorated refunds  —  Long story short: If you're a subscriber to either Tweetbot or Twitterrific, you can help them out with three simple steps:
David Z. Morris / CoinDesk:
After a report said Binance misplaced $1.78B in USDC, Binance offered confused and sometimes contradictory responses, continuing its petulant and defensive tone  —  The FUD is coming from inside the building, says David Z. Morris, CoinDesk's chief insights columnist.
Elizabeth Weil / New York Magazine:
A profile of Emily M. Bender, a University of Washington computational linguist who co-wrote a paper published in 2020 to illustrate what LLMs can and cannot do  —  Nobody likes an I-told-you-so.  But before Microsoft's Bing started cranking out creepy love letters; before Meta's Galactica …
Foo Yun Chee / Reuters:
Sources: EU regulators are likely to approve Microsoft's $69B Activision Blizzard acquisition, satisfied by the company's Nintendo and Nvidia licensing deals  —  EU antitrust regulators are not expected to demand that Microsoft Corp (MSFT.O) sell assets to win approval for its $69 billion acquisition …
Aaron Tilley / Wall Street Journal:
BlueMail says Apple blocked the email app's update adding ChatGPT features due to inappropriate content concerns and told BlueMail to raise its age limit to 17+  —  iPhone maker asks email app with AI-language capabilities to set a 17-and-older age restriction  —  Regulation of Metaverse and Artificial Intelligence
Tom Warren / The Verge:
Microsoft updates its Bing chatbot to let users toggle between creative, balanced, and precise tones for its responses, hoping to counter Bing's wild outbursts  —  Microsoft has added a new feature to its Bing chatbot that lets you toggle between different tones for responses.
John Tozzi / Bloomberg:
Teladoc Health, which runs BetterHelp, settles with the FTC for $7.8M and agrees to stop sharing data with Meta, Snap, and other companies for ad purposes  —  Teladoc Health Inc.'s online mental health unit will be banned from sharing information with Facebook parent Meta Platforms Inc …
Reuters:
Sources: the FDA rejected Neuralink's clinical trial application, citing dozens of issues to fix before human testing, like the device's removal and its battery  —  Musk has said his brain implant company, Neuralink, will make the paralyzed walk, the blind see and eventually turn people into cyborgs.
Kyle Wiggers / TechCrunch:
London-based CRM service Attio raised a $23.5M Series A led by Redpoint Ventures, bringing its total funding to $31.2M, and crossed $1M ARR in December 2022  —  While a partner at a VC firm, Nicolas Sharp took on the project of finding customer relationship management (CRM) software for the firm.
Financial Times:
Sources: Chinese officials declined to process Arm China's transfer to a new Vision Fund entity, holding up Arm's plan to offload its troubled joint venture  —  Unresolved restructuring looms over SoftBank's plans for blockbuster listing of UK chip designer
Benj Edwards / Ars Technica:
Microsoft unveils Kosmos-1, a multimodal LLM the company claims can analyze images for content, perform visual text recognition, pass visual IQ tests, and more  —  Microsoft believes a multimodal approach paves the way for human-level AI.  —  On Monday, researchers from Microsoft introduced Kosmos-1 …
Martin Smolár / WeLiveSecurity:
Researchers detail BlackLotus, a UEFI bootkit capable of bypassing UEFI Secure Boot even on up-to-date Windows 11 systems and selling for $5K since October 2022  —  The first in-the-wild UEFI bootkit bypassing UEFI Secure Boot on fully updated UEFI systems is now a reality

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Reuters:
Kyle Wiggers / TechCrunch:
Jess Weatherbed / The Verge:
Aisha Malik / TechCrunch: