April 4, 2023, 12:25 PM

Top News

Kim Masters / The Hollywood Reporter:
Many current and former Amazon executives, showrunners, and agents say Amazon Studios is confusing and frustrating; one showrunner says Studios has “no vision”  —  Despite ambitious bets like ‘Daisy Jones & The Six’ and the upcoming ‘Citadel,’ insiders complain that there's still …
Mark Gurman / Bloomberg:
Sources: Apple plans to eliminate a small number of its corporate retail staff, marking its first known cuts since embarking on a belt-tightening effort in 2022  —  Apple Inc. is eliminating a small number of roles within its corporate retail teams, according to people with knowledge of the matter …
Tim Hardwick / MacRumors:
Apple reports an issue with its Weather app on iOS, iPadOS, watchOS, and macOS, ongoing for over eight hours; some users have had issues for over a week  —  Apple is currently experiencing issues with its weather data provider, leaving many users unable to see live weather information and forecasts for regions in the Weather app.
Tom Bristow / Politico:
Alex Wilhelm / TechCrunch:
Dogecoin's price spikes 25%+ after Twitter replaces its bird logo with a doge image; Elon Musk is fighting to get a dogecoin-related lawsuit dismissed  —  Today Twitter users are noticing that an image of a dog has been added to a place of prominence.  You can see it for yourself on, where you will be greeted with a pup:
Krisztian Sandor / CoinDesk:
DeFi lending protocol Euler says a hacker returned all “recoverable funds” stolen in its ~$200M exploit; blockchain data shows the hacker apologized on March 28  —  Culprit had already apologized.  —  The hacker responsible for roiling Euler Finance by draining some $200 million …
James Vincent / The Verge:
Stanford's AI Index: in 2022, industry produced 32 notable ML models compared to academia's three, global private investment fell 26.7% YoY to $91.9B, and more  —  An annual report on AI progress has highlighted the increasing dominance of industry players over academia and government in deploying and safeguarding AI applications.
Financial Times:
SEC arrests Frank founder Charlie Javice and charges her with fraud, saying she falsified user numbers when JPMorgan paid $175M for the student finance startup  —  Charlie Javice allegedly falsified user numbers at student finance company  —  The founder of a student finance website acquired …
Brian Heater / TechCrunch:
Covariant, which builds AI-powered industrial robots, raised $75M led by Radical Ventures and Index Ventures as an extension to an $80M Series C in July 2021  —  I took a deep dive with Covariant co-founder and CEO Peter Chen at ProMat the other week.  The timing was either perfect or terrible depending on who you ask.
New York Times:
China opening its Micron investigation marks the most significant retaliation against US chip sanctions yet and undermines Beijing's open-for-business messaging  —  Beijing's security review of Micron Technology, which has deep roots in China, could have wide-ranging ramifications for other foreign businesses.
Becky Peterson / The Information:
The Saudi Public Investment Fund lists ~35 of its partnerships with US VC firms, like a16z, Coatue, Craft Ventures, Iconiq, Insight Partners, and Human Capital  —  For several years, venture capital firms have been cagey about whether they have raised money from Saudi Arabia …

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This is a Techmeme archive page. It shows how the site appeared at 12:25 PM ET, April 4, 2023.

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