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- Latest in FTX trial, DeepMind cut staff expenses by 39% in 2022
Latest in FTX trial, DeepMind cut staff expenses by 39% in 2022
Latest in FTX trial: On Caroline Ellison's second day of testimony, she noted that SBF justified illegal actions by practicing utilitarianism: the means are justified if maximizing the amount of good is the result - Link
Bernstein analysis: Google pays Apple between $18B-$20B/year to remain the dominant search engine on the iPhone, representing 14-16% of Apple's annual operating profits - Link
Google-owned DeepMind cut staff-related expenses by 39% last year from £969M in 2021 to £595M in 2022, as revenue fell 21% - Link
Apple spent between $200M-$250M on production for Martin Scorsese's Killers of the Flower Moon and plans to spend $1B/year on films that will appear in theaters before they're available on Apple TV+ - Link
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Zach Coelius joins Jason to discuss the phases of early-stage startups (2:01), break down the state of VC (13:17), answer live questions from the audience (22:36), and much more! - Link
JPMorgan Chase launched its TCN (Tokenized Collateral Network); BlackRock used TCN to turn shares in one of its funds into digital tokens, which it transferred to Barclays as part of an OTC trade - Link
Gutsy, a cybersecurity startup, emerged from stealth with a $51M Seed round co-led by YL Ventures and Mayfield - Link
EU officials warned X owner Elon Musk about its compliance with the EU's rules around hosting misinformation and illegal content due to posts on X regarding the Hamas terror attacks in Israel - Link
CA Governor Gavin Newsom signed the Right to Repair Act into law; the law states that manufacturers must make tools, parts, software, and documentation available for seven years for devices priced above $100 - Link
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