Tech Meme

New York Times: Sources: before his ousting, Sam Altman made a move to push out board member Helen Toner because he thought a paper she had co-written was critical of OpenAI  —  Sam Altman attacked a member over a research paper that discussed the company, while directors disagreed about who should fill board vacancies open for months. Lees verder op Tech Meme

Scott Roxborough / The Hollywood Reporter: EAO: global streamers spent €4.9B on European original content in 2022, up 70% YoY; Netflix spent €2.2B, Amazon €1.1B, Disney €500M, and HBO and Apple €400M  —  Global streamers spent $5.4 billion on original European content last year, but still account for just under a quarter of total spend in the region. Lees verder op Tech Meme

Michael Acton / Financial Times: Nvidia expects strong growth in most regions to offset a “significant” drop in sales to China because of recently tightened AI chip rules  —  US chipmaker forecasts higher than expected revenues on strong demand for its AI processors  —  Nvidia forecast higher than expected sales … Lees verder op Tech Meme

The Information: Tiger Global Management’s Scott Shleifer will transition from his role leading private investments to a senior adviser role, effective January 1, 2024  —  Scott Shleifer, a key architect of Tiger Global Management’s aggressive private tech dealmaking during the 2020-2022 startup boom … Lees verder op Tech Meme

@cz_binance: Changpeng Zhao steps down as CEO of Binance, and Richard Teng, formerly the Global Head of Regional Markets, has been named CEO  —  Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself. Binance is no longer a baby. It is… Lees verder op Tech Meme

Jordan Novet / CNBC: Nvidia reports Q3 revenue up 206% YoY to $18.12B, vs. $16.18B est., Data Center revenue up 279% YoY to $14.51B, and net income up 1,259% YoY to $9.2B  —  – Nvidia’s results surpassed analysts’ projections for revenue and income in the fiscal fourth quarter. Lees verder op Tech Meme

Scott Roxborough / The Hollywood Reporter: EAO: global streamers spent €4.9B on European original content in 2022, up 70% YoY; Netflix spent €2.2B, Amazon €1.1B, Disney €500M, and HBO and Apple €400M  —  Global streamers spent $5.4 billion on original European content last year, but still account for just under a quarter of total spend in the region. Lees verder op Tech Meme

CNBC: Binance and CZ plead guilty to federal charges as part of a $4.3B settlement with the US DOJ; charges include violating sanctions and anti-money laundering laws  —  – The U.S. Department of Justice has brought criminal charges against Binance and its billionaire founder and CEO, Changpeng Zhao. Lees verder op Tech Meme

Reuters: The US FTC approves a new resolution to streamline investigations of cases where AI is used to break the law  —  Investigations of cases where artificial intelligence (AI) is used to break the law will be streamlined under a new process approved by the U.S. Federal Trade Commission, the agency said on Tuesday. Lees verder op Tech Meme

Winston Cho / Hollywood Reporter: A US district judge dismisses most claims in a lawsuit by Sarah Silverman and other authors against Meta’s use of copyrighted material to train Llama models  —  The ruling builds upon findings from another federal judge overseeing a lawsuit against AI art generators, who similarly delivered … Lees verder op Tech Meme