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March 14, 2023, 12:10 PM
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| TechCrunch: |
Mark Zuckerberg says Meta plans to cut another 10,000 jobs and withdraw around 5,000 open roles, just four months after cutting 11,000 jobs — Meta plans to cut its workforce by another 10,000 people and withdraw around 5,000 open roles that it had yet to fill, company co-founder …
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Meta, The Verge, BBC, New York Times, Axios, Silicon Valley Business …, Financial Times, Silicon Republic, Gizmodo, New York Post, Insider, CNN, PCMag, RTÉ, NBC News, The Information, The Guardian, AppleInsider, Business Post, CNBC, The Hill, Reuters, Engadget, Bloomberg, Los Angeles Times, Barron's Online, Neowin, Deadline, WRAL TechWire, SlashGear, Variety, Tech in Asia, Tech Startups, Newser, Livemint, Wall Street Journal, Moneycontrol, The Wrap, Semafor, The Hollywood Reporter, Mashable, and Investor's Business Daily
Mastodon:
@GossiTheDog@cyberplace.social. Tweets:
@kurtwagner8, @modestproposal1, @lordravenscraft, @newschambers, @jimcramer, @jason, @jason_kint, @jason_kint, @eric_seufert, @jamesrbuk, @joshkraushaar, @keithboykin, @jetscott, @martinsfp, @danielbzhao, @samro, @ulonnaya, @divestech, @agarfinks, @realkylemorris, @borrowed_ideas, @alexjamesfitz, @altcap, @alexeheath, @modestproposal1, @carlquintanilla, @thebradluck, @unusual_whales, @gurgavin, @silviakillings, @jesskellynt, @phil_lewis_, and @carlquintanilla. Facebook:
Mark Zuckerberg
| Adam Morgan McCarthy / The Block: |
Meta plans to wind down its work on NFTs “for now” to focus on other ways of supporting creators and will continue working on Meta Pay — - Meta is ditching its NFT efforts, for now, according to executive Stephane Kasriel. — Meta is ditching its pursuit of NFTs as the company looks …
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The Verge, Web3 is Going Just Great, Engadget, PCMag, Gizmodo, Reuters, Cointelegraph, Micky, PetaPixel, Cryptonews, Crowdfund Insider, SiliconANGLE, Silicon Republic, CoinGape, gHacks Technology News, Techlusive, Bitcoinist.com, TechCircle, crypto.news, and KnowTechie
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@skasriel, @dave_krugman, @skasriel, @skasriel, @skasriel, @jackbutcher, @punk9059, @smdiehl, @wongmjane, @tomfgoodwin, @bayc2745, @pixiekate13, @farokh, @samsantala, @joshconstine, @nkumar23, @bertugoymak, @jacquescolimon, @tomwarren, @pixiekate13, @mgsiegler, @rjcc, @chrismessina, @tomaxwell, @samfbiddle, @skasriel, @aeyakovenko, @tante, @sergitosergito, @lakoz_, @merts_eth, @jebus911, @nickstatt, @ryy_wills, and @tier10k
| James Vincent / The Verge: |
Google announces AI-powered features for Docs, Gmail, Sheets, Slides, and other Workspace apps, helping users generate text, summarize topics, and create images — Google has announced a suite of upcoming generative AI features for its various Workspace apps, including Google Docs, Gmail, Sheets, and Slides.
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Google Workspace Blog, The Keyword, TechCrunch, CNET, 9to5Google, Search Engine Land, CRN, PCWorld, Thurrott, Gizmodo, NBC News, SiliconANGLE, Washington Post, Neowin, MobileSyrup, Wccftech, and Axios
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@simonw, @transitive_bs, @yitayml, @benbajarin, @googleworkspace, @google, @adrianweckler, @devrelcallum, @adrianweckler, @jjvincent, and @tomwarren
| James Vincent / The Verge: |
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Tech Monitor, Google Developers Blog, TechCrunch, TechSpot, and Search Engine Journal
Tweets:
@sundarpichai, @alphasignalai, @googleai, @marie_haynes, and @bentossell
| Andrew Ackerman / Wall Street Journal: |
Sources: the FDIC is planning another SVB auction, after failing to find a suitor on March 12; at least one offer had been made, which was rejected by the FDIC — Auction comes after failed attempt to find suitor on Sunday — The Collapse of Silicon Valley Bank: What You Need to Know| Natasha Mascarenhas / TechCrunch: |
Email: SVB's new CEO Tim Mayopoulos says SVB NA, a new, FDIC-run “bridge-bank” with deposits protected by the FDIC, is “open and conducting business as usual” — The former Fannie Mae exec says new deposits will be protected by the FDIC
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FDIC, The Information, Gizmodo, Reuters, Banking Dive, New York Post, and gHacks Technology News
Tweets:
@msuster, @msuster, @priyanshi50, and @nmasc_
| David Enrich / New York Times: |
Signature's and SVB's collapse was aided by GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed for by SVB executives — Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
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The Intercept, Bloomberg, PYMNTS.com, Wall Street Journal, Bloomberg, CNN, Wccftech, Watcher Guru, New York Times, Crypto Daily, Coinpedia Fintech News, Lucky Trader, and Financial Times
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@mekkaokereke@hachyderm.io and @darius@friend.camp
Tweets:
@nic__carter, @stevenkelly49, @josephzeballos, @jayparsons, @joebiden, @loganbartlett, @benedictevans, @dsquareddigest, @rokhanna, @bobbybigwheel, @stevenzzhou, @joenbc, @unusual_whales, @frognews, @davidsirota, @tphillips, @mikiebarb, @jstein_wapo, @andrewrestuccia, @keitholbermann, @eliotwb, @bykowicz, @sullycnbc, @tristansnell, @markmobility, @davidenrich, @rebeccaballhaus, @liz_franczak, @bykowicz, @kenklippenstein, @markfollman, @deitaone, @stevenkelly49, and @thestalwart
| Iain Withers / Reuters: |
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Board of Governors …, Sifted, Financial Times, TechCrunch, HSBC, Blockonomi, and Bitcoin News
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@jeremy_hunt, @cetier1, @hmtreasury, and @jamestitcomb
| Platformer: |
Sources: Microsoft laid off one of its responsible AI teams that was tasked with assessing the risks associated with integrating OpenAI's tech into its products — As the company accelerates its push into AI products, the ethics and society team is gone — I.| Kim Mackrael / Wall Street Journal: |
Microsoft signs a 10-year deal with Boosteroid to distribute Call of Duty if the Activision deal is approved, the third such deal; Boosteroid has ~4M users — Agreement is part of push to convince regulators that the planned $75 billion acquisition won't harm the videogame industry
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Microsoft, TechCrunch, GamesIndustry.biz, Bloomberg, 9to5Google, Game Developer, Windows Central, Reuters, The Verge, TechSpot, Gameranx, GameSpot, FOSS Patents, TrueAchievements, MSPoweruser, Pure Xbox, OnMSFT.com, Video Games Chronicle, and Wccftech
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@koreaxboxnews, @fedorovmykhailo, @bradsmi, and @tomwarren
| Reuters: |
Sources and documents: India plans to force smartphone makers to let users remove pre-loaded apps and will mandate screening OS updates via new security rules — India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system …
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Apple Must, AppleInsider, Android Authority, MacRumors, Neowin, TechRadar, Android Police, and Sammy Fans
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@adityakalra, @eric_seufert, @adityakalra, @munsifv, @ahmermkhan, @munsifv, @munsifv, and @adityakalra
| Joe Rossignol / MacRumors: |
Apple announces Shop With a Specialist Over Video, a live video session available from 7am to 7pm PT on its website for US customers looking to buy an iPhone — Apple today announced that customers in the U.S. can now connect with an Apple Specialist over a live video session while shopping for an iPhone on the company's online store.
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Apple, TechCrunch, AppleInsider, SlashGear, The Apple Post, BGR, and Cult of Mac
| Bloomberg: |
Source: US prosecutors are looking at Telegram group chats between employees at Jump, Jane Street, and Alameda in May 2022 over the collapse of TerraUSD — US prosecutors are scrutinizing chat-group conversations among prominent trading firms including Jump Trading Group and Jane Street Group …
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Bloomberg Law and Protos
Tweets:
@tier10k, @yueqi_yang, @silvermanjacob, @mjpldn, @smdiehl, @theskyhopper, @yueqi_yang, @tier10k, @newmoneyreview, @sgtskill, @scupytrooples, and @ldrogen
| Alexander Osipovich / Wall Street Journal: |
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Blockworks, Inside Bitcoins, Bitcoin News, Bitcoinist.com, crypto.news, and Forkast
Tweets:
@fintechfrank, @poordart, @fatmanterra, @autismcapital, @allyversprille, @mdudas, @tier10k, and @molly0xfff
| Emily Nicolle / Bloomberg: |
Binance suspends UK deposit and withdrawal services via bank transfers and card payments after its local banking partner Paysafe stopped providing support — Binance Holdings Ltd., the world's largest crypto exchange, is suspending deposit and withdrawal services via bank transfers … | Emma Roth / The Verge: |
Amazon reveals its consumer terminals to connect to Project Kuiper, expected to cost under $400, and now plans to launch the first satellites in H1 2024 — Amazon has revealed a range of customer terminals that connect to its broadband satellite network, Project Kuiper.
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About Amazon, DCD, Engadget, GeekWire, TechCrunch, CNET, Bloomberg, and CNBC. Tweets:
@iron_man_actual
| Will Oremus / Washington Post: |
Experts say that, in the short term, the promise and perils of generative AI may be more modest than the fervor surrounding tools like ChatGPT makes them seem — Hype and fear collide in the tech industry's latest boom — If you listen to its boosters, artificial intelligence is poised …
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The Atlantic, The Road to AI We Can Trust, and Computerworld
Tweets:
@theatlantic, @washingtonpost, @shiraovide, @willoremus, @irannewsnow, @neilturkewitz, and @adam_k_levin
| Rest of World: |
An in-depth look at tech's terrible 2022 in numbers: VC investment and IPOs falling globally, an 85% drop in new unicorns, layoffs impacting 280,000+, and more — Reduced investment and large-scale layoffs have created dark times for tech globally. — In March 2022, the future of Muni, a Colombian e-commerce startup, looked bright.| Cristina Criddle / Financial Times: |
Sources: multiple women accuse London-based TikTok executive Steve Ware of sexual harassment and say TikTok mishandled the allegations, a pattern at the company — Woman's employment contract terminated after internal probe into complaint about advances made by senior manager
More:
TechCrunch. Tweets:
@madhumita29, @cristinacriddle, @cristinacriddle, @cristinacriddle, @cristinacriddle, @muradahmed, and @cristinacriddle
| Tom Warren / The Verge: |
Microsoft plans to make 3D avatars available to all Teams users in May 2023, after announcing the feature in 2021 and testing them privately in recent months — Microsoft originally announced the avatars feature in 2021 and has been testing it privately in recent months.| Kate Clark / The Information: |
Sources: Y Combinator will not raise another Continuity Fund, which backs late-stage startups, and the two partners who led the fund plan to leave the company — Silicon Valley startup accelerator Y Combinator won't raise another continuity fund, which backs mature private tech companies, two people familiar with the matter said.
More:
Tech in Asia and The Economic Times
Tweets:
@fendien, @kateclarktweets, @pt, @brianbrackeen, @carnage4life, @yuris, @pitdesi, @madhavchanchani, and @umangdua
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