March 26, 2023, 2:00 PM

Top News

New York Times:
Eight current and former Apple employees share concerns about the upcoming MR headset's $3,000 price, utility, and unproven market  —  The company is expected to unveil an augmented reality headset in a few months.  Some employees wonder if the device makes sense for Apple.
Mark Gurman / Bloomberg:
Sources: Apple demoed its mixed reality headset, likely dubbed Reality Pro or Reality One, for a group of its top ~100 executives, ahead of their annual offsite  —  Apple's push into mixed reality will take years to pay off, with the company hoping the device follows the same trajectory as its smartwatch.
Erin Woo / The Information:
Source: Elon Musk offers Twitter staff stock grants at a ~$20B valuation which, with a $13B debt, implies a $33B enterprise value, ~11x 2023's projected revenue  —  Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff …
Alexa Corse / Wall Street Journal:
Lawrence Abrams / BleepingComputer:
Microsoft releases Windows 10 Snip & Sketch and Windows 11 Snipping Tool updates to fix the “aCropalypse” bug used to reveal info edited out in some screenshots  —  Microsoft released an emergency security update for the Windows 10 and Windows 11 Snipping tool to fix the Acropalypse privacy vulnerability.
Yoel Roth / Techdirt:
Chloe Xiang / VICE:
Microsoft researchers claim GPT-4 showed early signs of AGI and performance close to human levels in tasks spanning coding, medicine, law, psychology, and more  —  The eyebrow-raising claim from Microsoft—which is banking on GPT putting it ahead of Google—contrasts with the model's clear limitations.
Chloe Xiang / VICE:
A look at the community of users who “jailbreak” GPT models to generate unfiltered content and see themselves as fighting back against OpenAI's closed policies  —  “The problem is when GPT-X is released and we are unable to discern its values since they are being decided behind the closed doors of AI companies.”
Viola Zhou / Rest of World:
A look at the Chinese social e-commerce app and women-friendly “lifestyle bible” Xiaohongshu, which has 200M MAUs and critics describe as a consumerist trap  —  Known as China's “lifestyle bible,” the social media platform is an aspirational living guide or a consumerist trap.
MacKenzie Sigalos / CNBC:
A profile of Atlanta-based Yellow Card, Africa's largest centralized crypto exchange, which has done ~$1.75B in transactions since 2019 and raised $57M  —  - Yellow Card is the largest centralized cryptocurrency exchange in Africa.  — For its nearly 1.4 million users across the continent …
More: Cryptonews
Will Knight / Wired:
Norway-based 1X, which is developing humanoid robots, raised a $23.5M Series A2 led by the OpenAI Startup Fund with participation from Tiger Global and others  —  Autonomous machines are still too clumsy for delicate tasks.  But humans can operate mechanical arms from afar, turning physical labor into remote work.
Joe Brock / Reuters:
Sources: concerned about Chinese spying, the US helped SubCom win its $600M bid for an Asia-Europe subsea cable project through incentives and investor pressure  —  Subsea cables, which carry the world's data, are now central to the U.S.-China tech war.  Washington, fearful of Beijing's spies …

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Eric Benjamin Seufert / Mobile Dev Memo:

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Gary Price / LJ Infodocket: