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March 15, 2023, 3:45 PM
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memeorandum
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| Wall Street Journal: |
As SVB collapsed, prominent investors, internet provocateurs, and others helped amplify US banking system concerns, creating the first “Twitter-fueled bank run” — Rapid spread of concerns prompts lawmaker to call it ‘Twitter-fueled bank run’ — The Collapse of Silicon Valley Bank: What You Need to Know
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Wall Street Journal, The Atlantic, CNBC, and VICE
Tweets:
@davidsacks, @emollick, @tracyalloway, @thestalwart, @davidsacks, @buccocapital, @emptywheel, @dsquareddigest, @bongcapital, @dsquareddigest, @htaneja, @georgemagnus1, @profkatejudge, @professorstam, @silvermanjacob, @mdudas, @conorsen, @adamsinger, @carnage4life, @martingtobias, @katie_roof, @karaswisher, @compound248, @billackman, @smtuffy, @georgia_wells, @nickdeiuliis, and @thestalwart
| Emily Flitter / New York Times: |
A profile of Tim Mayopoulos, who the FDIC named as Silicon Valley Bridge Bank's CEO and was Bank of America's general counsel during the 2008 financial crisis — The F.D.I.C. named Tim Mayopoulos as chief executive of Silicon Valley Bridge Bank. His job is to keep calm and carry on.
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Silicon Valley Bank, GeekWire, NBC News, AltFi, Fast Company, Silicon Valley Business …, and TechCrunch
| Washington Post: |
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GeekWire, The Hill, Noahpinion, Crypto Briefing, New York Times, Bloomberg, Forbes, Cointelegraph, The Guardian, and New York Times
LinkedIn:
Mihaela Mandroiu, Dror Futter, Hans Stegeman, and Edward Ludlow
| Maureen Farrell / New York Times: |
More:
TechCrunch, Forbes, and Wired
Tweets:
@trippmickle, @flitteronfraud, @dannygroner, @dk_munro, and @nytimes
| New York Times: |
How Apple's Siri, Amazon's Alexa, and Google's Assistant fell behind in the AI race despite a decade head start, hampered by clunky design and miscalculations — The virtual assistants had more than a decade to become indispensable. But they were hampered by clunky design and miscalculations, leaving room for chatbots to rise.
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MacRumors, AppleInsider, Insider, T3, Redmond Pie, 9to5Mac, MacStories, Near Media, iPhone in Canada Blog, Michael Tsai, The Verge, iDownloadBlog.com, PCMag, BGR, and iPhone Hacks
LinkedIn:
Eric Cohen. Tweets:
@jakebackpack, @pblackshaw, @pt, @agreenberg, @shiraovide, and @cademetz
| Kyle Wiggers / TechCrunch: |
An interview with OpenAI co-founder Greg Brockman on GPT-4 being “different” to GPT-3, training on images and text, a “slow and intentional” rollout, and more — OpenAI shipped GPT-4 today, the much-anticipated text-generating AI model, and it's a curious piece of work.
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Wired, Associated Press, OpenAI on YouTube, Bloomberg, Metaverse Post, MakeUseOf, Gizmodo, TechSpot, and TechNewsWorld
| Ingrid Lunden / TechCrunch: |
LinkedIn adds AI-powered writing suggestions, initially for writing profiles, using OpenAI's GPT-4, and for recruiters writing job descriptions, using GPT-3.5 — Earlier this month, when LinkedIn started seeding “AI-powered conversation starters” in people's news feeds to boost engagement on its platform … | Yusuf Mehdi / Bing Blogs: |
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Windows Central, Insider, MIT Technology Review, TechCrunch, PYMNTS.com, New York Times, Thurrott, The Verge, The Algorithmic Bridge, Axios, Engadget, Pricebaba.com Daily, Gizchina, Search Engine Roundtable, OSnews, BigTechWire, International Business Times, Pocket-lint, ZDNet, BGR, Tech in Asia, WinBuzzer, MSPoweruser, Android Headlines, PCMag, TechCircle, RTÉ, MediaNama, Metaverse Post, KnowTechie, and DigitalKoans
LinkedIn:
Kevin Scott and James Creech
Tweets:
@jordirib1, @yusuf_i_mehdi, @joannastern, @benedictevans, and @firstadopter
| Max Abelson / Bloomberg: |
How Signature Bank's big pivot to crypto led to the downfall of the once successful old-school lender that survived doing business with NYC cab owners and Trump — Signature Bank was flying high when co-founder Scott Shay mused about success on a podcast early last year.
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Bitcoin News, CoinDesk, Reuters, Crypto Daily, The Block, Cryptonews, Cryptopolitan, and Inside Bitcoins
| Bloomberg: |
Sources: the US DOJ was investigating Signature Bank's crypto client work, including its money laundering detection efforts, before regulators seized the bank — US prosecutors were investigating Signature Bank's work with crypto clients before regulators suddenly seized the lender this past weekend …
More:
Wall Street Journal, The Hill, Reuters, New York Post, CryptoPotato, Cryptopolitan, PYMNTS.com, crypto.news, Watcher Guru, and University of Nothing
Tweets:
@amacker, @cryptadamist, @johnreedstark, @stephenpunwasi, and @mikulaja
| Sergiu Gatlan / BleepingComputer: |
Microsoft patches an Outlook zero-day, exploitable without user interaction, that the company says Russian hackers used to target European organizations in 2022 — Microsoft has patched an Outlook zero-day vulnerability (CVE-2023-23397) exploited by a hacking group linked …
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Microsoft Security Response Center, MDSec, Dark Reading, BleepingComputer, Krebs on Security, CyberScoop, Forbes, CNN, IT PRO, SC Media, AskWoody, Naked Security, The Register, TechRadar, and Neowin
Tweets:
@cyb3rops, @seanwrightsec, and @seanwrightsec
| Jon Porter / The Verge: |
Samsung responds to the controversy over moon photos taken by Galaxy phones, explaining its Scene Optimizer feature, its “AI deep learning model”, and more — The post's content isn't exactly new — it appears to be a lightly edited translation of an article posted in Korean last year … | Gareth Vipers / Wall Street Journal: |
The FBI: US citizens lost $10.3B to online scammers in 2022, up from $6.9B in 2021, and crypto investment fraud losses hit $2.57B in 2022, up from $907M in 2021 — Cryptocurrency investment fraud nearly tripled in 2022 from the year before — Americans lost more than $10 billion …
More:
Engadget, BleepingComputer, Cybersecurity Dive, GovTech, TechSpot, Tech Startups, and GameSpot. Tweets:
@chrismessina
| Jonathan Stempel / Reuters: |
The US charges exiled Chinese businessman Guo Wengui with leading a conspiracy to defraud his online followers out of $1B+ and arrests him; the DOJ seizes $634M — The U.S. government on Wednesday charged exiled Chinese businessman Guo Wengui with fraud, accusing him of orchestrating … | Paul Murray / New York Magazine: |
A journey into Meta's Horizon Worlds to find friends and metaverse true believers, raising questions about Zuckerberg's vision of the internet's next iteration — In September, my family and I move from our home in Dublin to a fancy East Coast college town, where I'll be teaching for the semester.
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Financial Times, Barron's Online, CNN, and crypto.news
| Umar Shakir / The Verge: |
Zipline unveils Platform 2 Zip, a drone that can do a 10-mile delivery in 10 minutes to small landing zones via a tethered “delivery droid” from up to 300 feet — Zipline is revealing its new drone delivery platform today that the company says is capable of making a 10-mile delivery …
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TechCrunch, Engadget, PCMag, CNBC, CNET, Zipline, Bloomberg, Tech Xplore, Financial Times, BBC, Forbes, and Supply Chain Dive
| Kyle Bradshaw / 9to5Google: |
Google discontinues its Glass Enterprise Edition 2 headset and plans to support it until September 15, 2023; existing devices and software will continue to work — Google has announced today that it will no longer be selling its Glass Enterprise Edition 2 headsets, with support set to be discontinued later this year.| Bloomberg: |
T-Mobile plans to acquire Ryan Reynolds-backed budget wireless provider Mint Mobile for as much as $1.35B, seeking to expand its pay-as-you-go market share — T-Mobile US Inc. is buying Mint Mobile, the budget wireless provider part owned by actor Ryan Reynolds, for as much as $1.35 billion …
More:
T-Mobile, T-Mobile on YouTube, Wall Street Journal, The Register, Android Police, XDA Developers, Ars Technica, CNN, Associated Press, CNET, USA Today, GeekWire, Los Angeles Times, Android Authority, PCMag, PhoneArena, Yahoo Entertainment, TalkAndroid.com, Variety, Quartz, Android Central, SlashGear, Fortune, Wccftech, Light Reading, MobileSyrup, Reuters, Tech Startups, Axios, Neowin, 9to5Mac, The Wrap, iClarified, Engadget, TechCrunch, iPhone in Canada Blog, The Hollywood Reporter, and Barron's Online
LinkedIn:
Charles Ruppert and Avi Greengart
Tweets:
@vancityreynolds, @vancityreynolds, @mintmobile, @turnernovak, @patrickmoorhead, @xpangler, @carnage4life, @firstadopter, @tsnjr, and @anthony
| Bloomberg: |
Sources: Abu Dhabi-based G42 bought a $100M+ ByteDance stake at a ~$220B valuation, down from $300B set in a recent share buyback, as the US weighs a TikTok ban — ByteDance Ltd. was valued at around $220 billion in a recent private-market investment by Abu Dhabi AI firm G42 …
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PingWest, CNBC, International Business Times, and Tech Startups
| Bloomberg: |
More:
The Hill, Tech Xplore, Gizmodo, PetaPixel, and gHacks Technology News
Tweets:
@bobbyallyn, @jesselehrich, @adamkovac, @scott_mcmaster, @firstadopter, and @phil_lewis_
| Joanna Stern / Wall Street Journal: |
Inside the iPhone refurbishment process at New Jersey-based US Mobile Phones, from trade-in to refurbish to resale; Apple devices dominate consumer trade-ins — When you trade in a smartphone, here's how it gets refurbished and makes companies money| Reuters: |
Samsung Electronics plans to invest ~$230B through 2042 to build what South Korea calls the world's largest chipmaking base, including five chip factories — South Korean tech giant Samsung Electronics (005930.KS) expects to invest $230 billion over the next 20 years to develop …
More:
Nikkei Asia, BBC, TechCrunch, AnandTech, CNBC, Associated Press, TechPowerUp, Android Headlines, RCR Wireless News, Tech Monitor, SamMobile, gHacks Technology News, WRAL TechWire, The Register, and Bloomberg
Tweets:
@robertalanward, @jeff4malaysia, and @dnystedt
Sponsor Posts
Google:
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Shopify:
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Zoho:
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IDrive:
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Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
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Lenny's Podcast:
The coming AI security crisis (and what to do about it) | Sander Schulhoff
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Hard Fork:
Why Roomba Died + Tech Predictions for 2026 + A Hard Forkin' Xmas Song
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Access:
Betting on reality with Kalshi CEO Tarek Mansour
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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