March 11, 20230CommentsRoblox and other companies disclose their exposure to SVB in SEC filings; Roblox says ~5% of its $3B cash and securities balance was held at SVB as of Feb. 28 (Sarah Perez/TechCrunch)
March 11, 20230CommentsLinkedIn’s decision to publish posts written with the help of AI to provoke discussions is a milestone and may herald the start of semiautomated social networks (James Vincent/The Verge)
March 11, 20230CommentsApple, Atari, and Commodore, oh my! Explore a deluxe home vintage computer den
March 11, 20230CommentsHow the FBI proved that NetWire was a remote access trojan malware and not a remote admin tool, leading to the seizure of the website selling the malware (Lorenzo Franceschi-Bicchierai/TechCrunch)
March 11, 20230CommentsA look at the Hong Kong Exchanges and Clearing’s new IPO rules, which will allow pre-revenue “big tech” firms with a valuation of $1.9B or more to raise capital (Enoch Yiu/South China Morning Post)
March 11, 20230CommentsEuropean telcos ramp up pressure on EU regulators to consider a framework where Google, Netflix, Meta, Apple, Amazon, and Microsoft help cover network costs (CNBC)
March 11, 20230CommentsA look at Sumplete, a game ChatGPT claimed it “invented” after being prompted to create Sudoku-like puzzles and is identical to at least one other mobile game (Giovanni Colantonio/Digital Trends)
March 11, 20230CommentsFiling: SVB investors and depositors tried to pull $42B on March 9; the bank had a negative cash balance of $958M on March 9, per an order for taking possession (Austin Weinstein/Bloomberg)
March 11, 20230CommentsMeta plans to divest from Kustomer, which it reportedly acquired for ~$1B; sources: the startup’s revenue has flattened while burning through ~$200M since 2022 (Wall Street Journal)
March 11, 20230CommentsCoinbase says it is “temporarily pausing” conversions of USDC into USD during the weekend; USDC traded at ~$0.90 as investors reacted to Circle’s SVB exposure (Suvashree Ghosh/Bloomberg)