March 16, 20230CommentsInvestor presentation: SVB Capital, which manages $9.5B, invested $234M in Sequoia Capital as of May 2022, $173M in a16z funds in 2018 and 2021, and more (Kate Clark/The Information)
March 16, 20230CommentsSources: five days after seizing SVB, the FDIC has conducted a stop-and-start auction process, failing so far to find a willing buyer for all of SVB’s assets (New York Times)
March 16, 20230CommentsAn interview with Dave Winer, who was instrumental in the creation and evolution of RSS, on Google Reader’s demise, support for RSS feeds on Mastodon, and more (Thomas Claburn/The Register)
March 16, 20230CommentsBaidu announces its Ernie Bot in a pre-recorded video, with founder Robin Li talking over a scripted video of interactions with the AI; BIDU drops 5%+ (Bloomberg)
March 16, 20230CommentsCounterpoint: Xiaomi’s focus on sub-$120 phones in India helped Samsung take the top spot; market share for sub-$120 phones fell to 26% in 2022 from 41% in 2020 (Reuters)
March 16, 20230CommentsCISA and FBI: hackers used vulnerabilities in Progress Telerik products to gain access to an unnamed US federal agency’s server from August 2022 to January 2023 (Jonathan Greig/The Record)
March 16, 20230CommentsThe US DOJ is probing whether the use of a predictive child welfare algorithm in Pennsylvania’s Allegheny County discriminates against parents with disabilities (Associated Press)
March 16, 20230CommentsSources: Foxconn will make AirPods for the first time and plans to invest $200M+ in a plant in Telangana, India; a source says Apple wanted production in India (Yimou Lee/Reuters)
March 16, 20230CommentsAn FTX filing in its Chapter 11 case describes $3.2B+ in payments and loans to founders, chiefly from Alameda Research, including ~$2.2B to Sam Bankman-Fried (FTX)