Coinbase acquires Spindl, the on-chain advertising platform founded by Antonio Garcia-Martinez, an ex-Facebook staffer and the author of the book Chaos Monkeys
Daniel Kuhn / The Block :
Mark Zuckerberg says Meta AI has over 185M weekly active users and over 400M MAUs and it's “growing quickly” even without a rollout “in UK, Brazil, or EU yet”
usage of Meta AI across all of our surfaces is growing FAST! 🚀 Bluesky: @ndnickerson.bsky.social : okay this is just a hunch but after listening to @zitron.bsky.social 's podcast ...
Source: Apple is not taking an OpenAI board observer role, as AI antitrust scrutiny mounts; OpenAI plans to host regular meetings with investors and partners
ChatGPT maker plans strategy to engage crucial partners as regulatory scrutiny of sector increases
Filings from 2023 list Jacob Vespers as OpenAI Startup Fund's manager; OpenAI says “Vespers does not exist” and the docs are “fabricated”, without elaborating
Documents filed in April of 2023 in California … Forums: Hacker News : A Seemingly Fake Person Was Running OpenAI's $175M Startup Fund
Filings from 2023 list Jacob Vespers as OpenAI Startup Fund's manager; OpenAI says “Vespers does not exist” and the docs are “fabricated”, without elaborating
Documents filed in April of 2023 in California … Forums: Hacker News : A Seemingly Fake Person Was Running OpenAI's $175M Startup Fund
Filings from 2023 list Jacob Vespers as OpenAI Startup Fund's manager; OpenAI says “Vespers does not exist” and the docs are “fabricated”, without elaborating
Documents filed in April of 2023 in California … Forums: Hacker News : A Seemingly Fake Person Was Running OpenAI's $175M Startup Fund
OpenAI reaches a deal in principle for Sam Altman to return as CEO, with an initial board of Bret Taylor as chair, alongside Larry Summers and Adam D'Angelo
4 key takeaways Jason Dorrier / Singularity Hub : OpenAI Mayhem: What We Know Now, Don't Know Yet, and What Could Be Next New York Times : Explaining OpenAI's Board Shake-Up CNBC :...
Source: a breakthrough spearheaded by OpenAI chief scientist Ilya Sutskever enabled a model that could solve basic math problems, stoking excitement and concern
One day before he was fired by OpenAI's board last week, Sam Altman alluded to a recent technical advance the company …
OpenAI reaches a deal in principle for Sam Altman to return as CEO, with an initial board of Bret Taylor as Chair alongside Larry Summers and Adam D'Angelo
OpenAI said late Tuesday that it had reached a deal in principle for Sam Altman to return as CEO, with a new board chaired by former Salesforce co-CEO Bret Taylor.
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
Programming note: Money Stuff was supposed to be off today, but: bank run! — SVB
A closer look at the collapse of Silicon Valley Bank, the 16th largest US bank whose unrealized losses snowballed from $0 in June 2021 to $16B by September 2022
Markets/Econ — General Sherman's memoirs about the Page & Bacon 1855 bank run in San Francisco. Mike / Nongaap Investing : SIVB: Held-to-Mortem Governance Tweets: Mike / @nongaap...
Sources: Facebook is offering musicians and celebrities, via production companies, payments to host Live Audio Rooms; source says up to $50K per session
Sources: Facebook is offering musicians and celebrities, via production companies, payments to host Live Audio Rooms; source says up to $50K per session
Facebook is offering to pay musicians and other celebrities tens of thousands of dollars to host sessions on its new live audio feature …
Sources: Salesforce has held talks about acquiring Slack, although a deal is not guaranteed
they've kind of become the tech acquirer of choice. Big enough to buy $20b businesses, small enough to avoid regulatory scrutiny. https://twitter.com/... Will Oremus / @willoremus ...
Spotify CEO Daniel Ek says he will invest €1B in European tech startups over the next decade, focused on “moonshots” in ML, biotech, and other sectors
Financial Times :
Sources: GoodRx, a price comparison app for prescription drugs at local pharmacies, raises $1.14B in its IPO at $33 per share, valuing the company ~$12.7B
GoodRx, a price comparison app for prescription drugs at local pharmacies, on Tuesday raised $1.14 billion in its IPO, Axios has learned.
Source: digital advertising platforms Taboola and Outbrain have ended merger talks after failing to agree on revised deal terms, a year after announcing merger
- Nearly a year after announcing a deal to unite, merger talks between digital advertising platforms Taboola and Outbrain have ended.
Salesforce to cut ~1,000 jobs, 1.8% of its workforce, including some Tableau employees, and will give those affected 60 days to find a new role in the company
- The cuts amount to about 2% of Salesforce's workforce, but employees affected will have 60 days to find a new position at the company.
TikTok CEO Kevin Mayer resigns, sources say after Trump threatened to ban the app; Vanessa Pappas, currently general manager of TikTok, will become interim head
Former Disney executive resigns just months after appointment by Chinese video platform — Kevin Mayer has quit TikTok …