May 8, 2023, 12:40 PM

Top News

Steve Mollman / Fortune:
OpenAI CEO Sam Altman says the “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 …
David Ingram / NBC News:
Ingrid Lunden / TechCrunch:
Qualcomm acquires Autotalks, an Israeli fabless chipmaker that builds SoCs to help improve automotive safety, sources say paying 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 shut down bitcoin withdrawals for an hour late on Sunday and for about three hours on Monday, blaming an unanticipated rise in transaction fees  —  Cryptocurrency exchange Binance halted bitcoin withdrawals for several hours on Monday, citing heavy volumes and a surge in processing fees, before clearing them at a higher cost.
After China banned crypto in September 2021, FTX's creditor lists, citizens, and industry insiders 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.
Ryan Browne / CNBC:
Coinbase CEO Brian Armstrong says the SEC is on “a lone crusade”, rows back on suggesting the company may relocate from the US, and expresses interest in Dubai  —  - The SEC earlier this year served Coinbase with a Wells Notice.  — Brian Armstrong, Coinbase's CEO …
Benjamin Mullin / New York Times:
Images of a Texas mall mass shooting go viral on Twitter, fueling criticism of its reduced moderation; Twitter allows some graphic posts like Ukraine war images  —  Graphic images of the attack went viral on the platform, which has made cuts to its moderation team.
Lauren Forristal / TechCrunch:
An interview with Warner Bros. Discovery CTO Avi Saxena and Chief Product Officer Tyler Whitworth on building Max from the ground up, new features, and more  —  A few weeks before Warner Bros. Discovery launches its new HBO Max/Discovery+ streaming service, Max, TechCrunch spoke …
Jan Schwartz / Reuters:
Source: Volkswagen plans to fire most of the management team at Cariad next week, after the software unit missed its development goals and exceeded its budget  —  Carmaker Volkswagen (VOWG_p.DE) is set to dismiss all but one of the executive board members at its software division Cariad next week …

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Patrick Kulp / Emerging Tech Brew: