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Portions of Twitter's proprietary source code were leaked online, according to The New York Times. As a result, the company is seeking to identify the user who initially shared excerpts of the code on the software collaboration platform GitHub. More: - Twitter is asking a court to issue a subpoena to identify the person, who goes by the account name of FreeSpeechEnthusiast on GitHub.
- Twitter filed for the subpoena on Friday at the U.S. District Court for the Northern District of California
- According to the documents, the leaker signed up on the GutHub platform on Jan. 3 and has only posted the Twitter code.
- GitHub has since removed the data to comply with a copyright infringement claim filed by Twitter.
- Musk previously vowed to open source the platform's tweet recommendation code, which is set to occur this Friday.
THE NEW YORK TIMES | |
Elon Musk has reportedly offered equity grants to Twitter employees, valuing the company at $20B. The valuation is less than half of the $44B that Musk paid to acquire the platform in October. More: - Musk announced the new stock compensation program in a recent email to employees.
- He told them that Twitter was at one point only about four months away from running out of money.
- "Radical changes," including companywide layoffs, were necessary to streamline operations and avert bankruptcy, he wrote.
- According to the email, Twitter employees will receive stock in the holding company, X Corporation, that Musk used to acquire Twitter.
- The new grants will reportedly vest over four years, and employees will be allowed to sell the stock every six months.
- Musk also wrote that he sees a "clear, but difficult, path" to a valuation greater than $250B someday, which would make Twitter’s stock grants worth 10 times as much.
THE WALL STREET JOURNAL | |
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Apple acquired WaveOne, a startup that was working on AI algorithms that can compress videos. Former WaveOne executive Bob Stankosh confirmed that the company was sold to Apple earlier this year, though he did not disclose financial details. More: - WaveOne's research focused on a machine learning algorithm for "content-aware" video compression and decompression.
- The company used object and scene detection to understand the content in each video frame and prioritize certain elements, such as human faces, over others.
- It's expected that Apple will utilize the technology to make its streaming services more efficient, saving on bandwidth costs and/or delivering higher framerates and resolutions for certain content.
- While Apple has yet to confirm the deal, it appears that WaveOne’s co-founder and several of its employees are now working within Apple’s machine learning teams.
- Prior to the takeover, WaveOne had raised $9M from investors including Khosla Ventures, Vela Partners, and Blue Ivy.
TECHCRUNCH | |
Microsoft is launching a preview of its latest version of Teams. The upgraded communications app is said to be up to twice as fast but able to use 50% fewer resources than the previous version. More: - The new Teams is now in a public preview, allowing businesses that opt into the program to try out the app.
- Installing Teams is three times faster and launching or joining meetings is up to two times faster. Switching between channels and chats is 1.7 times faster.
- According to Microsoft, the app consumes 50 percent less memory and uses 70 percent less disk space.
- In addition to speed improvements, Teams will now display each participant on screen in the same size box, rather than showing larger boxes to users with their cameras enabled.
- The company also announced that Teams now has 280 million monthly active users, up from 270 million in January 2022.
- The new Teams will roll out to all users later this year.
CNBC | |
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Nintendo will shut down its 3DS and Wii U eShops later today. As of 5 p.m. Pacific time, all new purchases on the digital storefronts will be disabled, including classic games, digital-only titles, and downloadable content. More: - Nintendo first announced the closures in February 2022, saying they are a part of the "natural life cycle" of products as more consumers migrate to the Switch.
- The shutdown means digital versions of games for the Wii U, original Wii, DS, 3DS, and other consoles are no longer available.
- More than 1,000 digital games will disappear, including 450 Wii U games, 600 3DS games, and 530 virtual console titles. Some will only be available as physical copies.
- Nintendo previously barred consumers from using a credit card to add funds to their eShop accounts.
- Today is the last day that users are able to redeem download codes. The company will allow users to link wallets until March 2024.
THE VERGE | |
AI tools such as ChatGPT are expected to impact at least 80% of the U.S. workforce, according to a study by OpenAI researchers. The study estimates that nearly 20% of U.S. workers could see half or more of their tasks automated through GPT tools. Higher-income jobs may face greater exposure to AI automation than lower-paying ones, according to the study. More: - Jobs requiring programming and writing skills are more susceptible to AI than jobs that rely heavily on scientific and critical thinking skills, according to the findings.
- Researchers estimate that around 80% of the U.S. labor force will have at least 10% of their job tasks impacted by the rollout of GPTs or Generative Pre-trained Transformers.
- The study specifically looked at the potential "exposure" of a job's work tasks to AI or whether a GPT tool could cut the time it takes for the worker to do a task in half or more.
- The occupations found to have "100% exposure" to GPT were mathematicians, tax preparers, writers and authors, web and digital interface designers, and financial quantitative analysts.
- Researchers from OpenAI, OpenResearch, and the University of Pennsylvania used ChatGPT 4 to come up with the estimates.
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Community Corner Last week, we asked our tech community, "What is your stance on remote work? (Love it or hate it?)" Here are some highlighted responses we received: - Rebecca Tanner (p/rtanner03), HR Manager at EC-Council, answered, “I personally like a hybrid. When I work from home, I get far more work done in less time because there are fewer interruptions. That being said, I also like to go into the office some of the time for the social interactions and to make sure my staff feels supported.”
- Andrew Zell (p/andrewzell), Creative Projects at Zoom, answered, “As someone might presume from my place of employment, I'm a proponent of remote work, but I still enjoy going to the office on occasion, as well as find extreme value in in-person collaboration. Because of the nature of my work, I really enjoy being able to craft the environment I work in to be most productive. This would include everything from the peripherals I use, the room I'm in, being able to burn a candle or listen to music at whatever volume I want, things like that. It's absolutely a privilege, though, and these things are an enhancement, not a requirement. I am very rigid in my schedule and am in "work mode" from at least 8a-5p daily. It takes discipline, and I know plenty of people who take advantage of remote work privileges.”
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- Meta is lobbying against a proposal by European telcos to charge content providers a fee for carrying their data to fund network infrastructure upgrades.
- Microsoft has ended its $1 monthly trial for its Xbox Game Pass Ultimate and PC Game Pass.
- Meta is working on an Audio Chat feature for group chats in WhatsApp.
- New York-based startup Runway said it is working on launching video-generating AI features.
- Apple Music Classical, the company's standalone app specifically for classical music, is now rolling out to users in some countries. It's expected to fully launch tomorrow, March 28.
- Wander launches the first Vacation Rental REIT. Enjoy targeted 8% annual dividend and 14% total return by owning a part of this incredible portfolio.
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| | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. She has written the Inside AI newsletter since 2019. You can reach her at Beth.Duckett@inside.com. | | | Editor | Eduardo Garcia is a writer and editor based in New York. He is the author of "Things You Can Do," an illustrated book about climate action. Bylines in The New York Times, The Guardian, Slate, Scientific American, and others. In one of his previous lives, Eduardo worked as a Reuters correspondent in Latin America for nearly a decade. | |
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