Techmeme
March 3, 2023, 9:45 AM

Top News

Bloomberg:
Sources: Foxconn plans to invest ~$700M on a new plant to make iPhone parts on a 300-acre site in Bengaluru, India; the plant is expected to create 100K jobs  —  Apple Inc. partner Foxconn Technology Group plans to invest about $700 million on a new plant in India to ramp up local production …
Washington Post:
US civil liberties and digital rights groups are speaking out against calls to ban TikTok, arguing the move would violate users' First Amendment rights  —  Happy Thursday!  If you've ever thought some people in Washington should be in straitjackets, well, I guess you got your wish.
New York Times:
Few US lawmakers are taking action to regulate AI, as many struggle to understand the technology and its dangers, unlike the EU which proposed AI rules in 2021  —  Tech innovations are again racing ahead of Washington's ability to regulate them, lawmakers and A.I. experts said.
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.
Ivan Mehta / TechCrunch:
Brave Search launches Summarizer, which provides a synopsis of search results for some queries using its own LLM trained to fight “unsubstantiated assertions”  —  It is raining AI-powered features all across search engines.  Today, Brave Search launched a new “Summarizer” …
Jeff Horwitz / Wall Street Journal:
Meta plans to fully or partly implement 26 of 32 Oversight Board recommendations on the cross-check system, including producing regular transparency reports  —  Meta Platforms accepts most recommendations from its oversight board, but rejects key provisions
The Verge:
A look at TikTok's viral Bold Glamour filter, which an expert says likely uses generative adversarial networks, amid fears the tool may hurt users' self-esteem  —  TikTok rolled out new AI tools for filters last month.  But the company won't say if its new Bold Glamour effect uses them …
Mia Sato / The Verge:
Memo: CNET EIC Connie Guglielmo, who defended CNET's use of AI tools, plans to step down to become Red Ventures' SVP of AI content strategy and editor-at-large  —  Following monthslong questions about how CNET uses artificial intelligence tools, longtime CNET editor-in-chief Connie Guglielmo …
Christine Hall / TechCrunch:
Shef, a chef-to-consumer marketplace, raised a $73.5M Series B in June 2022, including $7M in debt, led by CRV with participation from a16z and Amex Ventures  —  In its quest to turn the culinary talents of passionate home cooks into small businesses, Shef, a chef-to-consumer marketplace, is now taking those efforts nationwide.

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Earlier Picks

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CyberScoop:
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