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Techmeme
March 4, 2023, 4:30 PM
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Top News

Erin Woo / The Information:
Sources: after Twitter refused to pay its AWS bills for months, Amazon threatened in February 2023 to withhold payment for the ads the company runs on Twitter  —  Elon Musk is running into an obstacle in his relentless drive to cut costs at Twitter: some of the same vendors that Twitter …
Wall Street Journal:
Sources: in an update to investors, Twitter reports a ~40% YoY decline in both revenue and adjusted earnings for December 2022, as advertisers fled the platform  —  The company recently made a first interest payment to banks that lent $13 billion to help pay for Elon Musk's buyout, people familiar with the matter said
Kif Leswing / CNBC:
LinkedIn founder Reid Hoffman quits OpenAI's nonprofit board, seeking to invest in companies using OpenAI's tech, which he says may cause a conflict of interest  —  - LinkedIn founder and Greylock partner Reid Hoffman is leaving the nonprofit board of OpenAI, he announced in a post on Friday.
Will Douglas Heaven / MIT Technology Review:
Q&A with OpenAI's Sandhini Agarwal, Liam Fedus, Jan Leike, and co-founder John Schulman on training ChatGPT, dealing with its virality, fixing issues, and more  —  Exclusive conversations that take us behind the scenes of a cultural phenomenon.  —  When OpenAI launched ChatGPT …
Noah Bierman / Los Angeles Times:
San Jose-based Vintra, whose clients include the IRS and police departments, says its “co-appearance” AI can map associations between people caught on video  —  A gray-haired man walks through an office lobby holding a coffee cup, staring ahead as he passes the entryway.
Kate Park / TechCrunch:
Singapore-based e-commerce aggregator Una Brands raised a $30M pre-Series C, following a $30M Series B in September 2022, bringing its total funding to $115M  —  Una Brands, a Singapore-based e-commerce aggregator, has raised $30 million in pre-Series C financing just five months after announcing …
Demetri Sevastopulo / Financial Times:
The US imposes new rules requiring that CHIPS Act beneficiaries agree not to expand manufacturing capacity in “countries of concern”, like China, for 10 years  —  Commerce department imposes new rules on beneficiaries of $39bn programme  —  Chipmakers must agree not to expand capacity …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:30 PM ET, March 4, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Gene Maddaus / Variety:
Sources: Paramount reps are expected to meet Monday with the California AG's office to discuss a possible settlement of the antitrust suit blocking the WBD deal

Jennifer Jacobs / CBS News:
Sources: the Pentagon fired Stars and Stripes' publisher, EIC, and a Middle East reporter for insubordination; the publisher earlier announced his retirement

Richard Rushfield / The Ankler:
A look at Human Generative Workflows, a framework developed by a group led by Kathleen Kennedy, in which AI use in Hollywood stays under human creative control

More News

Financial Times:
Some UK officials and SoftBank staff blame onerous FCA rules, process complexity and cost, and the UK's political chaos for Arm shunning a London listing
Josh Eidelson / Bloomberg:
An NLRB director rules that Google is a “joint employer” with YouTube subcontractor Cognizant and must bargain with Cognizant's YouTube workers if they unionize
Forbes:
Ryan Breslow sues Mark Phillips, a convicted fraudster he hired to build his social impact DAO, for allegedly stealing ~$10.5M of the project's seed funding
Aaron Tilley / Wall Street Journal:
Apple approves a BlueMail app update that adds a ChatGPT feature, after the email app's developer Blix assured Apple that the update includes content moderation
CoinDesk:
Silvergate plans to discontinue its Silvergate Exchange Network, a 24/7 instant settlement service that its clients could use to move money to crypto exchanges

Earlier Picks

Annie Palmer / CNBC:
Amazon plans to close eight Go convenience stores in Seattle, NYC, and San Francisco, as the company reevaluates its brick-and-mortar strategy and cuts costs
Erik Schatzker / Bloomberg:
Coinbase acquires One River, a crypto asset management startup that serves only institutional clients, like pension funds; One River was valued at $186M in 2021
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