Journals

Rolfe Winkler / Wall Street Journal: 23andMe’s stock, which hit a $6B valuation after a 2021 IPO, has crashed 98% and 23andMe may run out of cash by 2025, as CEO Anne Wojcicki plots a turnaround  —  From celebrity ‘spit… Read More »23andMe’s stock, which hit a $6B valuation after a 2021 IPO, has crashed 98% and 23andMe may run out of cash by 2025, as CEO Anne Wojcicki plots a turnaround (Rolfe Winkler/Wall Street Journal)

Reuters: Sources: some Chinese automakers delayed flagship model deliveries due to production issues with Huawei’s MDC 810 computing unit; a source blames part shortages  —  Some Chinese automakers have had to delay deliveries of flagship models due to production issues… Read More »Sources: some Chinese automakers delayed flagship model deliveries due to production issues with Huawei’s MDC 810 computing unit; a source blames part shortages (Reuters)

Eri Sugiura / Financial Times: UK prosecutors say the Met Police seized 61K bitcoin, worth £1.4B+, in 2018, as part of a trial over an alleged ~£5B investment fraud in China between 2014-2017  —  One of the world’s largest seizures… Read More »UK prosecutors say the Met Police seized 61K bitcoin, worth £1.4B+, in 2018, as part of a trial over an alleged ~£5B investment fraud in China between 2014-2017 (Eri Sugiura/Financial Times)

Manish Singh / TechCrunch: The Reserve Bank of India issues new curbs against Paytm’s Payments Bank, including barring new deposits, credit transactions, and more after February 29  —  The Reserve Bank of India issued new curbs against Paytm’s Payments Bank,… Read More »The Reserve Bank of India issues new curbs against Paytm’s Payments Bank, including barring new deposits, credit transactions, and more after February 29 (Manish Singh/TechCrunch)

Paresh Dave / Wired: Sources: Google splits up its 30-strong Responsible Innovation team, after leader and founder Jen Gennai suddenly left; RESIN conducted 500+ reviews in 2023  —  A crucial team at Google that reviewed new AI products for compliance… Read More »Sources: Google splits up its 30-strong Responsible Innovation team, after leader and founder Jen Gennai suddenly left; RESIN conducted 500+ reviews in 2023 (Paresh Dave/Wired)

Adi Robertson / The Verge: Bipartisan Senators unveil the DEFIANCE Act, which would let people sue over deepfake porn and other AI “intimate” images, after the viral Taylor Swift images  —  US lawmakers have proposed letting people sue over faked… Read More »Bipartisan Senators unveil the DEFIANCE Act, which would let people sue over deepfake porn and other AI “intimate” images, after the viral Taylor Swift images (Adi Robertson/The Verge)

Tom Henderson / Insider Gaming: A look at Ubisoft’s problems, as insiders fear further layoffs: a wild goose chase of popular fads, like NFTs, constant delays, low player numbers, and more  —  As industry-wide layoffs continue to plague headlines, Ubisoft,… Read More »A look at Ubisoft’s problems, as insiders fear further layoffs: a wild goose chase of popular fads, like NFTs, constant delays, low player numbers, and more (Tom Henderson/Insider Gaming)

Alex Barinka / Bloomberg: In prepared Senate testimony, TikTok CEO Shou Chew says the company plans to spend $2B+ in 2024 on trust and safety globally and the app has 170M US MAUs  —  – Shou Chew joins US rivals… Read More »In prepared Senate testimony, TikTok CEO Shou Chew says the company plans to spend $2B+ in 2024 on trust and safety globally and the app has 170M US MAUs (Alex Barinka/Bloomberg)

New York Times: Ahead of the Senate hearing, US lawmakers release 90 pages of internal Meta emails from 2021, showing how Mark Zuckerberg rejected calls to bulk up child safety  —  Lawmakers released internal emails detailing the company’s failed efforts… Read More »Ahead of the Senate hearing, US lawmakers release 90 pages of internal Meta emails from 2021, showing how Mark Zuckerberg rejected calls to bulk up child safety (New York Times)

Hannah Murphy / Financial Times: Ahead of the Senate hearing, Mark Zuckerberg calls for requiring Apple and Google to verify ages via app stores; Linda Yaccarino and Evan Spiegel support KOSA  —  Heads of Meta and X are among five… Read More »Ahead of the Senate hearing, Mark Zuckerberg calls for requiring Apple and Google to verify ages via app stores; Linda Yaccarino and Evan Spiegel support KOSA (Hannah Murphy/Financial Times)