March 4, 2023, 1:25 PM

Top News

Erin Woo / The Information:
Sources: after Twitter refused to pay its AWS bills for months, Amazon threatened in February to withhold payments for the ads it 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 is squeezing to save money are also its advertising clients.
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 company  —  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
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 …
Kif Leswing / CNBC:
Reid Hoffman leaves the nonprofit board of OpenAI, citing a desire to invest in companies using OpenAI's tech, which he says could 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 virality, fixing problems, and more  —  Exclusive conversations that take us behind the scenes of a cultural phenomenon.  —  When OpenAI launched ChatGPT …
Ryan Breslow sues Mark Phillips, a convicted fraudster he hired to build his social impact DAO, accusing him of stealing ~$10.5M of the project's seed funding  —  Billionaire tech founder Ryan Breslow is locked in a legal battle over the alleged theft of millions of dollars belonging to a nascent crypto project, Movement DAO.
Noah Bierman / Los Angeles Times:
San Jose-based Vintra, whose software is used by the IRS, police, and more, claims its “co-appearance” AI can mark interactions between people caught on camera  —  A gray-haired man walks through an office lobby holding a coffee cup, staring ahead as he passes the entryway.
Aaron Tilley / Wall Street Journal:
Apple has approved a ChatGPT-powered version of the BlueMail app, after its creator Blix assured Apple that the update includes content moderation  —  Tech giant's review of email app comes as concerns grow over AI's potential harm  —  Apple Inc. AAPL 3.51%increase; green up pointing triangle …

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