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February 21, 2025, 10:05 AM
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memeorandum
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| Jesse Pound / CNBC: |
Coinbase says the US SEC agreed “in principle” to drop its 2023 case against the company, calling it “righting a major wrong” and a “huge day” for crypto — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values
More: New York Times, Reuters, Coinbase, The Block, CoinDesk, Decrypt, CoinDesk, Wall Street Journal, Forbes, Yahoo Finance, CoinJournal, Watcher Guru, CryptoPotato, crypto.news, Coinpedia Fintech News, ZeroHedge News, CoinGape, Blockonomi, Crypto Briefing, CryptoSlate, Cryptopolitan, and Blockchain News
Bluesky: @hardwarelust. X: @brian_armstrong, @misterkeegan, @billbarx, @brian_armstrong, @stefancoh, @jchervinsky, @hishboy, @faryarshirzad, @bartro, @cryptomanran, @thatgerald, @gregtusar, @arrington, @mdudas, @mdudas, and @coinbase
| Benj Edwards / Ars Technica: |
Microsoft researchers introduce Magma, an AI foundation model that combines visual and language processing to control software interfaces and robotic systems — On Wednesday, Microsoft Research introduced Magma, an integrated AI foundation model that combines visual and language processing …
More: Microsoft Research, Internet of Things News, Inc42 Media, WinBuzzer, and MarkTechPost
X: @5000hui, @azeem, and @jw2yang4ai
Forums: Hacker News and Ars OpenForum
| Emily Birnbaum / Bloomberg: |
US FTC Chair Andrew Ferguson announces an inquiry into “Big Tech censorship”, which he calls “un-American” and “potentially illegal”, and seeks public comment — - FTC Chair Ferguson invites public comment about tech platforms — Conservatives claim ideas, affiliations have been censored
More: Federal Trade Commission, Platformer, Ars Technica, Reuters, The Information, Wall Street Journal, SiliconANGLE, Tech in Asia, The Hill, New York Post, The Wrap, TVNewsCheck, Japan Today, MediaPost, The Gateway Pundit, PYMNTS.com, Fox Business, MLex, TechCrunch, The Daily Caller, and Business Insider
Bluesky: @caseynewton, @zero-to-hero, @mmasnick, @leahnylen, @leahnylen, and @leahnylen
X: @afergusonftc, @mholyoakftc, @nicoperrino, @josephvconiglio, @allumbokhari, @ambermarieduke, @mikebenzcyber, @nathanleamerdc, @robmcgravytrain, @benbrodydc, @adamkovac, @wesghodges, @zephyrteachout, @josephvconiglio, @realjdenton, @randyebarnett, @sayssimonson, @ryangrim, @wendyndavis, @andyjungtech, @afergusonftc, @castrotech, @ftc, @benremaly, and @afergusonftc. Forums: r/FreeSpeech
| Bloomberg: |
On Alibaba's Q3 earnings call, CEO Eddie Wu calls the pursuit of AGI the company's “primary objective”, saying “our first and foremost goal is to pursue AGI” — “Our first and foremost goal is to pursue AGI,” Eddie Wu told investors on a call after the company reported results that surpassed analyst estimates.| Wired: |
How Breeze Liu, an advocate for digital abuse victims, got Microsoft to scrub 142 nonconsensual explicit images of her hosted on Azure after months of struggle — Breeze Liu has been a prominent advocate for victims. But even she struggled to scrub nonconsensual intimate images and videos of herself from the web.| MacKenzie Sigalos / CNBC: |
Block reports Q4 revenue up 4% YoY to $6.03B, vs. $6.29B est., gross profit up 14% YoY to $2.31B, and Cash App gross profit up 16% YoY to $1.38B; XYZ drops 10%+ — Block reported fourth-quarter results on Thursday that fell short of Wall Street expectations. The stock dropped more than 7% in extended trading.| Ian Carlos Campbell / Engadget: |
Meta says that US users over 18 can now sign up to be a Community Notes contributor on Facebook, Instagram, and Threads; notes will have a 500-character limit — The company is replacing third-party fact-checking with Community Notes on Threads, Instagram and Facebook.
More: TechCrunch, Meta, Android Headlines, MEDIANAMA, Meta, TechSpot, TechIssuesToday.com, PhoneArena, and Tech in Asia
| Jonathan Vanian / CNBC: |
Filing: Meta approves raising executives' annual bonuses to 200% of base salary, up from 75%, as most employees' annual stock options are reportedly cut by ~10% — Executives at Meta stand to get bigger bonuses this year. — The company said in a corporate filing Thursday that it had approved …
More: Financial Times, UPI, Quartz, RTTNews, Financial Express, Business Insider, TechSpot, Fortune, Forbes, Cryptopolitan, Proactive, and Yahoo Finance
Forums: r/news, r/facebook, r/antiwork, r/Layoffs, and r/technology
| Gergely Orosz / The Pragmatic Engineer: |
A look at the potential reasons why software developer job listings on Indeed hit a five-year low in January, down 35% from 2020, including the impact of AI — Hi, this is Gergely with a bonus issue of the Pragmatic Engineer Newsletter. In every issue, I cover topics related to Big Tech … | Saritha Rai / Bloomberg: |
DeepSeek will start open-sourcing five code repositories next week, letting anyone download, build on, or improve the code behind its well-regarded AI models — - The startup will begin making technology available next week — DeepSeek is pushing harder on its open-source approach| Ivan Mehta / TechCrunch: |
OpenAI launches Operator in the UK, Japan, and most ChatGPT regions, and says it's working to expand to the EU, Switzerland, Norway, Liechtenstein, and Iceland — OpenAI said on Friday that it is rolling out Operator, its so-called AI agent that can perform tasks on behalf of users …
More: Engadget, Moneycontrol, The Economic Times, Digit, Silicon UK, Business Standard, WinBuzzer, MSPoweruser, and The Decoder. X: @openai
| Anna Tong / Reuters: |
Source: AI search engine startup Genspark raised a $100M Series A at a $530M valuation and currently has over 2M MAUs; it raised a $60M seed in June 2024 — Search startup Genspark has raised $100 million in a series A funding round, valuing the startup at $530 million … | Ashley Carman / Bloomberg: |
YouTube plans to add a “premium lite” tier, a source says for the US, Australia, Germany, and Thailand, offering podcasts without ads and music videos with ads — - The service will continue to put ads in music videos — The tier will launch in areas that include the US, Australia
More: Gizmodo, TechCrunch, MacRumors, TechRadar, Ghacks, MacTrast, The Conversation, 9to5Google, The Information, TipRanks Financial, Gizchina.com, Music Ally, Beebom, The Media Leader, Beyond Search, Android Police, Android Central, Android Headlines, Adweek, Cord Cutters News, PhoneArena, Android Authority, The Verge, and The Desk
| Ian Duncan / Washington Post: |
Sources: the NHTSA is losing about 10% of its workforce through firings and buyout offers, including half of a small team that regulates autonomous vehicles — The National Highway Traffic Safety Administration is losing about 10 percent of its workforce through firings and buyout offers, according to people briefed on the cuts.Sponsor Posts
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Hard Fork:
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The Upstarts Podcast:
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Bluesky: @noupside, @noupside, @daphnek, @noupside, and @lawfare. Mastodon: @metacurity@infosec.exchange
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Forums: r/technology and r/Games