Techmeme
March 16, 2023, 8:20 PM

Top News

Bloomberg:
Microsoft announces Microsoft 365 Copilot, which will bring OpenAI's GPT-4 to Excel, PowerPoint, Outlook, Word, and its other Office apps in the coming months  —  Microsoft Corp.'s effort to overhaul its entire lineup with OpenAI technology has spread to one of the company's oldest and best-known products: its Office apps.
The Verge:
Microsoft details Microsoft 365 Copilot's Business Chat, which can summarize meetings, recent customer interactions, calendar entries, and more, like Bing's AI  —  One of the new Copilot AI features coming to Microsoft 365 apps and services is dubbed Business Chat.
Dan Sabbagh / The Guardian:
In a U-turn, the UK bans TikTok from ministers' and civil servants' work phones after a security review that began in November 2022, following the EU and the US  —  Move brings Britain in line with US and Europe and reflects worsening relations with China  —  Britain is to ban …
Stu Woo / Wall Street Journal:
TikTok CEO Shou Zi Chew says divesting from ByteDance won't fix US concerns, an IPO won't occur soon, and data-sovereignty projects made the app unprofitable  —  Shou Zi Chew goes to Capitol Hill next week, as Biden administration demands a divestiture from app's Chinese owner
Taylor Hatmaker / TechCrunch:
Twitch CEO Emmett Shear steps down after 16 years at the company, replaced by president Dan Clancy, effective immediately; Shear is a Justin.tv co-founder  —  After serving as its chief executive for more than a decade, Twitch CEO Emmett Shear will take a step back at the company.
Zack Whittaker / TechCrunch:
Google's Project Zero finds 18 zero-day vulnerabilities, including four top-severity flaws, affecting some Samsung phones and other devices with Exynos chipsets  —  Google's security research unit is sounding the alarm on a set of vulnerabilities it found in certain Samsung chips included …
New York Times:
Sources: five days after seizing SVB, the FDIC conducted a stop-and-start auction process, with March 17 as the latest deadline to find a buyer for SVB's assets  —  Big rivals are thus far shying away from scooping up the bank's assets.  —  Five days after seizing control of Silicon Valley Bank …
Aisha Malik / TechCrunch:
YouTube raises YouTube TV's price by $8 to $72.99/month, citing a rise in “content costs”, effective for new users on March 16 and existing users on April 18  —  YouTube has announced that it's raising the price of its YouTube TV subscription to $72.99 per month.
Mitchell Clark / The Verge:
Twitter starts showing the number of times a tweet has been bookmarked, but not by whom, initially for iOS users on the tweet details page, with plans to expand  —  Twitter is adding yet another public metric to measure posts by.  There's now a counter for how many bookmarks a tweet has gotten …
Ryan Broderick / Garbage Day:
OpenAI's GPT-4 is an outrageous, if imperfect, step forward, showing how in the 2020s, generative AI will turn the internet into one big personalized web portal  —  Read to the end for a good Twitter reply  —  Building A Portal To Everything  —  Very often I will come up with a big existential question …
James Vincent / The Verge:
Michael Kozlowski / Good e-Reader:
Amazon stops selling newspaper and magazine subscriptions for Kindle and print, and plans to shut down Kindle Newsstand in September 2023  —  Amazon has announced they are abandoning the Kindle for Periodicals or the Kindle Newsstand, which will completely shutter on September 2023.
Sam Kessler / CoinDesk:
The Arbitrum Foundation, which develops the Ethereum Layer 2 network Arbitrum, plans to airdrop its long-awaited ARB token on March 23 and transition to a DAO  —  The long-awaited ARB token will grant holders the ability to vote on changes to the leading Ethereum layer 2 network.
Wall Street Journal:
Sources: Tiger Global marked down its investments in private companies by ~33% across its VC funds in 2022, erasing $23B in value from its portfolio of startups  —  The markdowns erased $23 billion in value from Tiger's portfolio of startups  —  Tiger Global marked down the value …
Mia Sato / The Verge:
TikTok adds a Refresh button to For You, resetting the recommendation algorithm to show videos like for a new user, after testing the feature in February 2023  —  TikTok is adding a way for users to “refresh” For You page content when they want to switch up their feed.
FTX:
An FTX bankruptcy filing describes $3.2B+ in payments and loans to founders and executives, chiefly from Alameda Research, including ~$2.2B to Sam Bankman-Fried  —  Identify Over $3.2 Billion in Transfers to Founders and Key Employees  —  Forensic Work Continues on Intercompany and Other Transactions

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Bloomberg: