May 8, 2023, 3:35 PM

Top News

Steve Mollman / Fortune:
OpenAI CEO Sam Altman says “technology is not yet good enough that people can be full remote forever, particularly on startups”  —  OpenAI CEO Sam Altman isn't averse to change—he helped kickstart the current A.I. race with chatbot ChatGPT, after all, threatening to upend multiple industries …
David Ingram / NBC News:
Ingrid Lunden / TechCrunch:
Qualcomm acquires Israel-based Autotalks, a fabless chipmaker that improves safety in bikes, cars, and other vehicles, sources say for between $350M and $400M  —  Qualcomm's longer term bet on the automotive sector as a lucrative customer base for its chips and related communications technology …
Akanksha Khushi / Reuters:
Binance halted bitcoin withdrawals for an hour late on May 7 and for several hours on May 8, blaming heavy volumes and an unanticipated rise in network gas fees  —  Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees …
Benjamin Mullin / New York Times:
Texas mall mass shooting images go viral on Twitter, fueling criticism of lower moderation; Twitter allows some graphic images, like of Russia's war in Ukraine  —  Graphic images of the attack went viral on the platform, which has made cuts to its moderation team.
Ryan Browne / CNBC:
Coinbase CEO Brian Armstrong says the US SEC is on “a lone crusade”, rows back on his suggestion the company may leave the US, and expresses interest in the UAE  —  - The SEC earlier this year served Coinbase with a Wells Notice.  — Brian Armstrong, Coinbase's CEO …
Isaiah Poritz / Bloomberg Law:
A US appeals court upholds a lower court's 2019 ruling rejecting Apple's claims that Corellium's CORSEC security tool for simulating iOS violated copyright law  —  Apple Inc. failed to revive a long-running copyright lawsuit against cybersecurity firm Corellium Inc. over its software …
Despite China banning crypto in September 2021, citizens, industry insiders, and FTX's creditor lists suggest Chinese residents continue to trade digital assets  —  Nineteen months after China banned crypto, more signs have emerged that its citizens continue to buy and sell digital assets.

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