| Ingrid Lunden / TechCrunch: |
At the UK's AI Safety Summit, the UK releases the Bletchley Declaration, signed by 29 countries, and the US Commerce Secretary announces an AI Safety Institute — The world is locked in a race, and competition, over dominance in AI, but today, a few of them appeared to come together … | Financial Times: |
Ahead of the UK's AI summit, Chinese scientists warned of AI's “existential risk to humanity”; the UK announces that South Korea will host the next AI Summit — Attendees of Bletchley Park gathering convened by UK premier Rishi Sunak warn of ‘existential risk to humanity’| Bloomberg: |
A look at Apple's ambition to revolutionize health care: some breakthroughs marred by philosophical disagreements, a culture of conservatism, and tech realities — The company is working on big things, but employees disagree over whether they should be serving people who are healthy or sick.| Mark Gurman / Bloomberg: |
Sources: Apple plans new health features for 2024's Apple Watch, like an elevated blood pressure sensor, and a paid health coaching service, possibly using AI — - AirPods will get hearing-aid capability and hearing tests — AI health coach in the works, as are Vision Pro health tools| CoinDesk: |
The US SEC charges SafeMoon and its exec team for selling unregistered crypto securities and misappropriating investors' funds the team had said were “locked” — SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M to buy luxury cars … | David Pierce / The Verge: |
US v. Google offers a rare look at Google's top 20 queries by revenue for a week in September 2018: iPhone, insurance, cheap flights, online colleges, and more — Not all Google searches make Google money. Google often says that it only shows ads on about 20 percent of queries, the ones it calls “commercial queries.”| Bloomberg: |
US v. Google: Google declared a “Code Yellow” emergency in February 2019 for seven weeks, reassigning engineers to figure out why user search queries had slowed — - Search executive said team was ‘getting too involved with ads’ — Company declared emergency in 2019 over slow query growth| AI Snake Oil: |
What Biden's EO means for AI openness, and why a compute threshold is unlikely to effectively anticipate individual models' riskiness, but may work in aggregate — Good news on paper, but the devil is in the details — The Biden-Harris administration has issued an executive order on artificial intelligence.| Ben Thompson / Stratechery: |
If we accept the premise that regulation locks in incumbents, then it's notable that the early AI winners seem the most invested in generating alarm about AI — In 2019, a very animated Bill Gates explained to Andrew Ross Sorkin why Microsoft lost mobile:| Brian Steinberg / Variety: |
Shareholder letter: Netflix says its ad tier has 15M+ MAUs globally, accounting for ~30% of new sign-ups where it's available, and plans new ad formats for 2024 — Netflix is ready to use “The Crown,” “Squid Game” and other signature series to take ad dollars from rival streamers.| Jason Schreier / Bloomberg: |
Sources: Sony's Bungie cut ~100 jobs out of ~1,200 after executives said revenue was 45% below projections for the year, citing a drop in Destiny 2's popularity — - Sales at studio were running 45% below projections for year — Layoffs are part of a bigger revamp at Sony PlayStation unit| Sam Tobin / Reuters: |
Apple loses a bid to block a UK lawsuit over allegedly hiding defective iPhone batteries and “throttling” them via updates; Apple calls the lawsuit “baseless” — Apple Inc (AAPL.O) on Wednesday lost a bid to block a mass London lawsuit accusing it of hiding defective batteries … | New York Times: |
On his final day of testimony, SBF denied knowing that billions of dollars in customer money had been misappropriated until shortly before FTX collapsed — The founder of the FTX crypto exchange was grilled by a federal prosecutor for a second day, just before both sides rested their case in the criminal fraud trial.| Joshua Oliver / Financial Times: |
| New York Times: |
Check Point details Iran's monthslong hacking espionage campaign targeting the country's rivals, like Israel, underscoring Iran's improved hacking capabilities — A monthslong hacking campaign targeted the governments of regional rivals, including Israel, and marked a turn, a new report says … | RT Watson / The Block: |
Coinbase announces that eligible US retail customers can now access bitcoin and ether futures contracts through Coinbase Financial Markets — - Coinbase's service offering crypto futures trading to eligible retail U.S. customers is now active and includes “nano” bitcoin contracts.| Anna Irrera / Bloomberg: |
HSBC launches a blockchain platform to tokenize ownership of gold held in its London vault; HSBC is one of the world's largest custodians of precious metals — - System creates tokens representing gold in bank's vault — Blockchain allows investors to more easily track gold they own| Hayden Field / CNBC: |
LinkedIn announces a GPT-4-powered AI chatbot that the company calls a “job seeker coach”, available to Premium users, and says the platform now has 1B+ members — - LinkedIn said it surpassed 1 billion members and debuted an AI chatbot billed as a “job seeker coach” and other generative AI tools for Premium members.| Wall Street Journal: |
Sources: Binance plans to end its partnership with payments firm Advcash that let customers move funds held at sanctioned Russian banks to the crypto exchange — Binance plans to shut down a partnership with a payments firm that allowed customers to move funds held at sanctioned Russian banks … | Shivangi Acharya / Reuters: |
Sources: India authorizes 110 companies, including Apple, Dell, HP, Samsung, Xiaomi, and Lenovo, to import laptops, tablets, and PCs under its tech import rules — Apple (AAPL.O), Dell (DELL.N), HP (HPE.N), Samsung (005930.KS) and Lenovo (0992.HK) are among 110 firms authorised by India to import laptops …
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| Kyle Wiggers / TechCrunch: |
| Wall Street Journal: |
| Emma Roth / The Verge: |
| Chavi Mehta / Reuters: |
| Samuel Stolton / Bloomberg: |