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March 21, 2023, 5:15 AM
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| Annie Palmer / CNBC: |
Andy Jassy says Amazon plans to lay off an additional 9,000 employees, mostly in AWS, PXT, Advertising, and Twitch, after cutting 18,000+ jobs in January 2023 — - Amazon will lay off 9,000 more employees in the coming weeks, CEO Andy Jassy said in a memo to staff on Monday.
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LinkedIn:
Dave Morgan and Becky Brownlee
| David Shepardson / Reuters: |
Ahead of Shou Zi Chew's testimony, TikTok confirms having 150M MAUs in the US, up from 100M in August 2020; in September 2021, TikTok reported 1B+ MAUs globally — TikTok said on Monday the short-video sharing app now has 150 million monthly active users in the United States, up from 100 million it said it had in 2020.
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@hackylawyer and @karissabe
| Tim Bradshaw / Financial Times: |
Microsoft plans to launch an app store for Android and iOS games as soon as 2024 if regulators clear its $75B Activision bid and the EU's DMA rules take effect — Xbox boss Phil Spencer says store could launch as soon as next year if regulators clear Activision Blizzard deal
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@timsweeneyepic, @carnage4life, @mldghost, @nanopoints, and @petrifytcg
| Ashley Capoot / CNBC: |
Microsoft speech recognition subsidiary Nuance debuts Dragon Ambient eXperience Express, which uses GPT-4 to generate clinical note drafts after patient visits — - Microsoft and its Nuance Communications subsidiary announced Dragon Ambient eXperience (DAX) Express, a clinical notes application …
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The Official Microsoft Blog, GeekWire, Tech Startups, Neowin, and STAT
LinkedIn:
Amer Mohammed, Diana L. Nole, Mathias Ekman, Prerak G., and Chris Salvatore
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@rustybrick, @tom_mcguinness, @bradsmi, and @purviparwani
| Lorenzo Franceschi-Bicchierai / TechCrunch: |
Google suspends Pinduoduo's app on the Play Store “for security concerns” and flags several Pinduoduo apps as malware, alerting users who had them installed — On Monday, Google announced that it had flagged several apps made by a Chinese e-commerce giant as malware … | Michael Kan / PCMag: |
Study: GPT models and related technologies could seriously affect ~19% of workers in the US, with higher-income jobs potentially facing greater exposure — Researchers examine how OpenAI's GPT technology could affect the workforce, and find 'the influence spans all wage levels … | Brad Stone / Bloomberg: |
Character.AI, recently valued at $1B, will likely face legal battles for brazenly letting users make and share chatbots of famous people or fictional characters — It's only a matter of time until rights holders notice that new AI tools are playing a little loose with their intellectual property.
Tweets:
@bradstone and @martinsfp
| Qianer Liu / Financial Times: |
Sources: China is giving its most successful chipmakers, including SMIC, Huawei, and Hua Hong, easier subsidy access and more control over state-backed research — Under US pressure, Beijing is changing strategy and relying on a select group of companies to shape its domestic sector| Varun Mishra / Counterpoint Research: |
Global premium smartphone sales rose 1% YoY in 2022, taking 50%+ of the smartphone market's revenue for the first time; Apple took 75% of the premium market — Although overall global smartphone sales in 2022 fell 12% YoY due to macroeconomic difficulties, global premium (≥$600 wholesale price) … | Manya Saini / Reuters: |
The FDIC plans to break up SVB and hold an auction for its traditional deposits unit and another for its private bank, after failing to find a buyer last week — The Federal Deposit Insurance Corporation on Monday decided to break up Silicon Valley Bank (SVB) and hold two separate auctions … | Pete Schroeder / Reuters: |
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LinkedIn:
Kelvin Low, Michael Farrell, Susan Baker, and Caitlin Long
Tweets:
@fdicgov, @mattgoldstein26, @collins_belton, @jcoviedo6, @frances_coppola, @josephpolitano, @jcoviedo6, @josephpolitano, @eddyelfenbein, @tphillips, @mikeburgersburg, @davecbenoit, @rachelensignwsj, @kfile, @iron_man_actual, @panekkkk, @adamscochran, @davidfbailey, @mayazi, and @jasoncoombsceo
| Frederic Lardinois / TechCrunch: |
Maryland-based identity management startup Aembit launches its service and announces a $16.6M seed from Ballistic Ventures and Ten Eleven Ventures — Aembit, a Maryland-based security startup that focuses on helping DevOps and security teams manage how federated workloads talk to each other …
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A Less Mad March, FinSMEs, Tech Startups, and SecurityWeek
| Mike Scarcella / Reuters: |
Filing: Google denies intentionally destroying evidence in the US antitrust lawsuit over its search business, in a response to the DOJ's bid for court sanctions — Alphabet Inc's (GOOGL.O) Google has denied intentionally destroying evidence in the U.S. Justice Department's antitrust lawsuit …
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iFixit News
| Sigal Samuel / Vox: |
A case for slowing down AI due to existential and bias risks, despite objections like its alleged inevitability and the AI arms race with China — Pumping the brakes on artificial intelligence could be the best thing we ever do for humanity. — “Computers need to be accountable to machines …
Tweets:
@sigalsamuel, @upfromthecracks, and @maosbot
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