April 12, 2023, 6:05 PM

Top News

Paul Glynn / BBC:
Twitter changes its label on the main BBC account from “Government Funded Media” to “Publicly funded media”, after the broadcaster called the label inaccurate  —  Twitter has changed a label on the main BBC account, saying it is “publicly-funded” instead of …
Faiz Siddiqui / Washington Post:
New York Times:
NPR decides to “no longer be active on Twitter” after the platform took “actions that undermine our credibility” by implying NPR is not editorially independent  —  The broadcaster said that the label undermined its credibility “by falsely implying that we are not editorially independent.”
Rohan Goswami / CNBC:
The stocks of Apple suppliers Cirrus Logic and AAC fall 12%+ and 14%+, respectively, after Ming-Chi Kuo said iPhone 15 Pro models won't have solid-state buttons  —  - Shares of Cirrus Logic fell after Apple analyst Ming-Chi Kuo said the next iPhone wouldn't feature expanded use of Cirrus' technology …
Aisha Malik / TechCrunch:
LinkedIn announces free identity verification via company email for all users globally and via a government ID and phone number for US users using CLEAR  —  LinkedIn is introducing new ways to verify your identity and where you work, the company announced on Wednesday.
Todd Spangler / Variety:
Warner Bros. Discovery officially announces Max as the new name of its flagship streaming service, launching in the US on May 23 with HBO and Discovery+ content  —  It's not HBO Max — soon it's just going to be Max. … The company announced the name change at a press event Wednesday …
New York Times:
Sources say concerns over Mark Zuckerberg's “year of efficiency”, Meta's layoffs, absentee leadership, and the big metaverse bet have devastated employee morale  —  Workers at Facebook's parent have been increasingly alarmed by job cuts and the company's direction.
Financial Times:
Sources: a16z, Tiger Global, IVP, and other VCs visited Saudi Arabia, the UAE, and Qatar in recent weeks to woo sovereign wealth funds during the funding crunch  —  Liquidity crunch leads investors such as Andreessen Horowitz to sovereign wealth funds in Saudi Arabia, Qatar and UAE
Anna Nicolaou / Financial Times:
Emails: UMG asked Spotify, Apple Music, and other services to block developers training AI bots from scraping melodies and lyrics from their copyrighted songs  —  Universal Music Group says new technology relies on unauthorised use of copyrighted material  —  Universal Music Group …
Sharon Goldman / VentureBeat:
Databricks releases Dolly 2.0, the next version of its instruction-following LLM released two weeks ago, with a dataset of 15K+ records generated by its staff  —  Today Databricks released Dolly 2.0, the next version of the large language model (LLM) with ChatGPT-like human interactivity …
Tom Warren / The Verge:
Wall Street Journal:
Mike Wheatley / SiliconANGLE:
Intel's Foundry Services unit partners with Arm to build low-power SoCs, giving customers using Arm's designs access to Intel's A18 process to make their chips  —  Intel Corp. said today its Intel Foundry Services business unit is partnering with the British chip design firm Arm Ltd …
Brian Fung / CNN:
Arkansas Governor Sarah Huckabee Sanders signs a bill requiring that social media companies verify new users' ages and get a parent's consent for users under 18  —  Arkansas Gov. Sarah Huckabee Sanders has signed a sweeping bill imposing a minimum age limit for social media usage …
Viola Zhou / Rest of World:
Video game illustrators in China say they are losing their jobs to AI image generators, which some employers encourage the artists to use to boost productivity  —  “AI is developing at a speed way beyond our imagination.  Two people could potentially do the work that used to be done by 10."
Konrad Putzier / Wall Street Journal:
Labor consultants say US companies, responding to labor shortages and rising wages, are outsourcing jobs overseas, expanding on the pandemic remote work wave  —  Companies respond to labor shortages and rising wages by moving some positions abroad, labor consultants say
Bill Toulas / BleepingComputer:
Kaspersky finds that malware developers are selling malicious Google Play loaders for $2,000 to $20K on hacker forums; the average price for a loader is $6,975  —  Malware developers have created a thriving market promising to add malicious Android apps to Google Play for $2,000 to $20,000 …
Wall Street Journal:
Sources: IBM explores selling its weather unit in a deal that could be valued at $1B+; IBM reportedly paid $2B+ for The Weather Company's digital assets in 2015  — owner could fetch more than $1 billion in a sale  —  International Business Machines Corp. is exploring a sale …
Financial Times:
Filings: SoftBank has sold ~$7.2B worth of Alibaba shares in 2023, reducing its stake in the Chinese company to just 3.8%, after a record $29B selldown in 2022  —  Japanese investor makes $7.2bn from forward sales of shares in Chinese ecommerce group as lucrative partnership wanes
Kate Knibbs / Wired:
A profile of Andy Hunter and his e-commerce platform, which helps indie booksellers set up a digital storefront instead of selling through Amazon  —  Andy Hunter's ecommerce platform was a pandemic hit.  Now he's on a mission to prove that small businesses can scale up without selling out.
Lawrence Abrams / BleepingComputer:
Microsoft releases 97 security fixes, patching one actively exploited zero-day in Windows' Common Log File System and seven RCE vulnerabilities rated Critical  —  Today is Microsoft's April 2023 Patch Tuesday, and security updates fix one actively exploited zero-day vulnerability and a total of 97 flaws.

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