March 5, 2023, 2:55 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple's new 24" iMacs are in engineering validation testing, will likely launch in H2 2023 with the M3 chip and same exterior design as the old iMacs  —  Apple is gearing up to launch its next slate of laptops and desktops, including a new iMac.  Also: Its cloud chief is set to leave …
Tracy Wang / CoinDesk:
Investor letter: Multicoin Capital's hedge fund lost 91.4% in 2022; in November it said 10% of assets were stuck on FTX and it had exposure to FTT, SOL, and SRM  —  The fund's performance was severely impacted by direct exposure to now-bankrupt crypto exchange FTX and holdings in FTT and Solana-based tokens.
Nelson Wang / CoinDesk:
A presentation in FTX's Chapter 11 case shows the exchange has identified assets of ~$2.2B in wallets and a ~$9.3B net borrowing by Alameda Research  —  So far, $2.2 billion in assets have been identified in the wallets of accounts associated with, of which only $694 million are in the most liquid assets.
Wall Street Journal:
Sources and docs: Binance and Binance.US have been more intertwined than disclosed, sharing staff, finances, and an affiliated entity to buy and sell crypto  —  The exchange was intertwined with an American firm portrayed as independent.  Now, regulators are circling.
Sergi Castella i Sapé / Zeta Alpha:
An analysis of the top 100 cited AI papers per year from 2020 to 2022 shows US-based AI research as the most impactful and Google the dominant organization  —  Who Is publishing the most Impactful AI research right now?  With the breakneck pace of innovation in AI, it is crucial to pick up some signal as soon as possible.
Bert Hubert / Bert Hubert's writings:
An analysis of the EU Cyber Resilience Act, which covers every connected device and almost all software, causing open-source developers to worry about its scope  —  The EU's new Cyber Resilience Act is admirable in its goal.  And the EU is not alone in thinking something needs to be done …
Alex Cranz / The Verge:
Meta is good at making VR hardware but is ignoring its core gamer audience, as it's not clear the company realizes that games are driving its VR business  —  Meta seems very committed to making hardware to usher in a whole new world and racing away from the games that drive its VR business.
Andrew Duehren / Wall Street Journal:
Reports and sources: the US prepares a program that could ban US investment in some sectors in China, such as advanced semiconductors, quantum computing, and AI  —  Biden administration expected to seek money in its budget next week to set up program regulating investment abroad
Lawrence Abrams / BleepingComputer:
Bing Chat appears to have a hidden Celebrity mode, in which the chatbot answers questions while impersonating Biden, Trump, Tom Cruise, and other famous people  —  A secret Bing Chat ‘Celebrity’ mode allows users to instruct the AI to impersonate celebrities, answering questions and talking like the person it imitates.

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Alberto Nardelli / Bloomberg:
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Earlier Picks

Noah Bierman / Los Angeles Times:
Josh Eidelson / Bloomberg:
Wall Street Journal: