Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
March 15, 2023, 5:40 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

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
Washington Post:
Interviews with 20 people detail the Biden admin's response to SVB's and Signature's collapse, as tech executives and investors lobbied to protect all deposits
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
Maureen Farrell / New York Times:
SVB's collapse is a tale of ambition and management mistakes from focusing on innovation over the mundane work of managing risk and ensuring financial prudence
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.
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:
Microsoft says the new Bing is “running on GPT-4, which we've customized for search” and was using an early version of the model over the past five weeks
Kyle Wiggers / TechCrunch:
An interview with OpenAI co-founder Greg Brockman on GPT-4 being different from 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.
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 …
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.
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 …
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 …
Jonathan Stempel / Reuters:
The US charges exiled Chinese businessman Guo Wengui with a conspiracy to defraud his online followers out of $1B+, including $262M through a crypto “ecosystem”  —  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.
Aaron Holmes / The Information:
Sources: Microsoft has been rationing GPU access for teams building AI tools since late 2022; the company plans to announce Office 365 GPT-4 tools on March 16  —  Microsoft is poised to announce a suite of Office 365 tools powered by GPT-4, the powerful new artificial intelligence software made by OpenAI.
More: The Hill
CNBC:
Representative Ken Buck says the GOP won't impose tougher antitrust rules on Google, Amazon, and Apple in 2023; Jim Jordan doesn't want to give Biden more power  —  - The new Republican leadership in the U.S. House doesn't appear to have the appetite to impose tougher antitrust rules on the tech giants.
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 …
Jamie Crawley / CoinDesk:
Germany and US authorities seize up to €44M from ChipMixer and shut down its crypto mixer, alleging the service enabled the laundering of 152K BTC since 2017  —  National authorities took down the platform's infrastructure, seizing four servers and 7 terabytes of data.
Jordan Novet / CNBC:
Adobe reports Q1 revenue up 9% YoY to $4.66B, vs. $4.62B est., Digital Media revenue up 9% YoY to $3.4B, and Digital Experience revenue up 11% YoY to $1.18B  —  - Adobe increased its projections for income and net new recurring revenue from its Digital Media business for the full year.

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Transform ML Experimentation with Tangle  —  Save months of compute time with Tangle, built by Shopify.  Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Zoho:
Contract Signed.  Project Ready.  Tasks Created.  —  Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms.  But for most businesses …
Bitrix24:
Bitrix24 powers the next generation of high-performing businesses  —  Chat, projects, CRM, and automation — all in one place.  Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Access:
 Is Roblox making the internet better or worse? We asked the CEO
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Decoder with Nilay Patel:
 Anthropic's quest to study the negative effects of AI is under pressure
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
 Why LinkedIn is turning PMs into AI-powered "full stack builders" | Tomer Cohen (LinkedIn CPO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
 Code red: our favorite tech rivalries
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
 How An AI Model Learned To Be Bad — With Evan Hubinger And Monte MacDiarmid
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
 PBS Lost a Billion Dollars. Now what? With CEO Paula Kerger
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:40 PM ET, March 15, 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

Bloomberg:
Sources: WBD begins exclusive talks with Netflix to sell its film and TV studios and HBO Max; Netflix is offering a $5B breakup fee if the deal isn't approved

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal

More News

Fabiano Maisonnave / Associated Press:
An investigation finds that illegal miners in Brazil use SpaceX's Starlink for coordinating logistics, making payments, and warning of law enforcement raids
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

Earlier Picks

The Verge:
Sources: Spotify was ready to launch HiFi as a premium tier by the end of 2021 but Apple and Amazon offering lossless audio at no extra charge spoiled its plans
Ben Schoon / 9to5Google:
Alleged renders of Google's Pixel 8 Pro appear to show a flat ~6.52" display and a new sensor on the camera bar, after a Pixel Fold and 7a retail listing leak
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter