The Outsiders with Chris Bakke, Alex Cohen and Michael Girdley

https://www.wsj.com/articles/ozempic-wegovy-stop-weight-loss-ea925ae1

Salesforce has reportedly been paying Matthew McConaughey $10 million a year to act as a 'creative adviser' despite laying off 8,000 employees last month

https://www.businessinsider.com/salesforce-reportedly-paying-mcconaughey-millions-despite-layoffs-2023-2

Addressing criticism, OpenAI will no longer use customer data to train its models by default

https://techcrunch.com/2023/03/01/addressing-criticism-openai-will-no-longer-use-customer-data-to-train-its-models-by-default/

AI-generated fiction is flooding literary magazines — but not fooling anyone

https://www.theverge.com/2023/2/25/23613752/ai-generated-short-stories-literary-magazines-clarkesworld-science-fiction

TikTok rolls out new screen time controls, adds new default settings for teens and expands Family Pairing

https://techcrunch.com/2023/03/01/tiktok-rolls-out-new-screen-time-controls-adds-new-default-settings-for-teens-and-expands-family-pairing/

U.S. House panel approves bill giving Biden power to ban TikTok

https://www.reuters.com/technology/us-house-panel-approves-bill-give-biden-power-ban-tiktok-2023-03-01/

https://www.wsj.com/articles/ozy-media-ceo-carlos-watson-arrested-after-a-former-executive-pleads-guilty-to-fraud-355e9f89?mod=hp_lead_pos3

Facebook and Instagram are testing selling you blue checks for $12 a month

https://www.theverge.com/2023/2/19/23606268/meta-instagram-facebook-test-paid-verification

Social Media is a Major Cause of the Mental Illness Epidemic in Teen Girls

https://jonathanhaidt.substack.com/p/social-media-mental-illness-epidemic

ChatGPT launches boom in AI-written e-books on Amazon

https://www.reuters.com/technology/chatgpt-launches-boom-ai-written-e-books-amazon-2023-02-21/

Apple is close to bringing a no prick CGM to Apple Watch

https://www.engadget.com/apple-watch-no-prick-blood-glucose-monitor-200137031.html

New charges for SBF - 300+ unlawful political donations using customer funds:

https://www.nytimes.com/2023/02/23/business/sam-bankman-fried-ftx.html

Amazon closes OneMedical deal

https://www.engadget.com/amazon-completes-one-medical-acquisition-163431975.html

Hosts: @anothercohen , @ChrisJBakke & @girdley

What happened this week:

• Bing goes off the rails
• Twitch streamers use AI to do battle against other streamers
• Amazon does retail (Again)
• Walmart closes tech offices
• More private data hacked

—

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At America On Tech, we want to change what opportunity looks like for young people. We're a national nonprofit organization on a mission to decrease the racial wealth gap in underestimated communities by creating pathways for degrees or careers in technology. I learned how to develop websites using H T M L, css, JavaScript, and butra.

After students graduate from our programs, we work with our partners to provide paid internships, jobs, and work-based learning experiences for our alumni.

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Links

Ransomware gang uses new zero-day to steal data on 1 million patients
https://techcrunch.com/2023/02/15/clop-ransomware-community-health-systems/

Bing is Unhinged

https://www.independent.co.uk/tech/bing-microsoft-chatgpt-ai-unhinged-b2281802.html

Twitter is just showing everyone all of Elon Musk’s tweets now
https://www.theverge.com/2023/2/13/23598514/twitter-algorithm-elon-musk-tweets

Walmart to Close Three Tech Hubs, Tells Tech Staff to Return to Offices
https://www.wsj.com/articles/walmart-to-close-three-tech-hubs-tells-tech-staff-to-return-to-offices-3fb131e4?mod=djemalertNEWS

Amazon chief vows to ‘go big’ on physical stores
https://www.ft.com/content/f132299d-3b31-4248-8ddf-81182c5930fc

'You Feel So Violated': Streamer QTCinderella Is Speaking Out Against Deepfake Porn Harassment

https://www.vice.com/en/article/z34pq3/deepfake-qtcinderella-atrioc

Hosts: @anothercohen , @ChrisJBakke & @girdley

What happened this week:

• Google’s “much-hyped” new AI Chatbot fails at demo, and Alphabet shares lose $150B
• Meme stocks: Ryan Cohen Takes Stake in Nordstrom
• Elon is on the news again: Neuralink is accused of moving hazardous pathogens after Monkey tests.
• Masayoshi Son Now Owes SoftBank $5.1 Billion on Side Deals
• WeWork Co-Founder Adam Neumann Is Becoming an Apartment Mogul
• Chinese Balloon Was Part of Years-Long Spying Program, US Says

—

Thanks to our sponsors!

At America On Tech, we want to change what opportunity looks like for young people. We're a national nonprofit organization on a mission to decrease the racial wealth gap in underestimated communities by creating pathways for degrees or careers in technology. I learned how to develop websites using H T M L, css, JavaScript, and butra.

After students graduate from our programs, we work with our partners to provide paid internships, jobs, and work-based learning experiences for our alumni.

Visit: https://www.americaontech.org/

—

Links

1. Google shares lose $100 billion after company’s AI chatbot makes an error during demo

https://www.cnn.com/2023/02/08/tech/google-ai-bard-demo-error/index.html

1. Ryan Cohen Takes Stake in Nordstrom

https://www.wsj.com/articles/ryan-cohen-takes-stake-in-nordstrom-11675382489

https://twitter.com/laurenthomas/status/1621298613174341632?s=46&t=9ClBsYC5fvmR_k4QgL9xGw

1. Elon Musk's brain-chip startup is being investigated over potentially moving hazardous pathogens after monkey tests

https://www.businessinsider.com/elon-musk-neuralink-brain-chip-investigated-potential-hazardous-pathogens-monkeys-2023-2

1. Masayoshi Son Now Owes SoftBank $5.1 Billion on Side Deals

https://www.bloomberg.com/news/articles/2023-02-08/masayoshi-son-now-owes-softbank-5-1-billion-on-side-deals

1. WeWork Co-Founder Adam Neumann Is Becoming an Apartment Mogul

https://www.wsj.com/articles/wework-co-founder-adam-neumann-is-becoming-an-apartment-mogul-11641292207

1. Chinese Balloon Was Part of Years-Long Spying Program, US Says

https://www.bloomberg.com/news/articles/2023-02-08/chinese-balloon-was-part-of-years-long-spying-program-us-says#xj4y7vzkg

Hosts: @anothercohen , @ChrisJBakke & @girdley

What happened this week:

• Google lays off 1,800, including 27 massage therapists
• Bed Bath & Bankruptcy is still losing money: Now closing 87 stores
• Let’s discuss the Adani Group Scam: Losing $92B
• ChatGPT is the most popular app across tech
• Google created an AI that allegedly can create music in any genre out of text
• Meta is up $260B in 3 months - What is happening with our economy?!
• Shell record profits $42b, pulling back from renewable energy
• Is Crypto draining Mom & Pops savings accounts?

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For your enterprise clients and prospects, many of which are asking more and more difficult questions of their vendors. Finally, a solid foundation in security will help support your desired valuation at the time of your next race or when it comes to acquisition talks. Find us online@coastalcyber.io and learn how we can help you use cybersecurity as a value creator.

1. Adani loses $85B (https://twitter.com/HindenburgRes/status/1618077612680818688) (https://www.wsj.com/articles/gautam-adani-fortune-hindenburg-modi-11675269600?mod=hp_trending_now_article_pos3)

2. Meta is up $260B in 3 months - sidebar, what the fuck is going on with tech companies and the economy as a whole? (https://www.bloomberg.com/news/articles/2023-02-02/meta-s-stock-market-rebound-to-surpass-200-billion-in-value) (https://www.engadget.com/facebook-2-billion-meta-q4-2022-earnings-223814979.html)

3. Google job cuts hit 1,800 employees in California, including 27 massage therapists (https://www.cnbc.com/2023/01/24/google-cut-over-1800-california-jobs-including-massage-therapists.html)

4. Google created an AI that can generate music from text descriptions but won’t release it (https://techcrunch.com/2023/01/27/google-created-an-ai-that-can-generate-music-from-text-descriptions-but-wont-release-it/)

5. Shell record profits $42b, pulling back from renewable energy (https://www.nytimes.com/2023/02/02/business/shell-earnings-record-profit.html)

Hosts: @anothercohen , @ChrisJBakke & @girdley

What happened this week:

• Did Stripe miss the 2020 opportunity to go public?
• They Finally Noticed: US DOJ sues Google for being an Ad monopoly
• TikTok Warns Remote Employees They Risk Losing Jobs
• Microsoft is investing $10bn in OpenAI
• Is ChatGPT the new crypto?
• CNET's AI Journalist Appears to Have Committed Extensive Plagiarism
• The New Cartels: Egg smuggling at US-Mexico border as egg prices rise

Links

1. Did Stripe miss the 2020 opportunity to go public? [Chris]
   https://www.wsj.com/articles/stripe-sets-one-year-timetable-to-decide-on-going-public-11674749304
   
   
2. CNET's AI Journalist Appears to Have Committed Extensive Plagiarism
   https://futurism.com/cnet-ai-plagiarism
   
   
3. TikTok Warns Remote Employees They Risk Losing Jobs
   https://www.businessinsider.com/tiktok-return-to-work-policy-tells-workers-be-by-office-2023-1
   
   
4. The New Cartels: Egg smuggling at US-Mexico border as egg prices rise
   https://remezcla.com/food/egg-smuggling-at-u-s-mexico-border-on-rise-heres-why-thats-a-problem/
   
   
5. US DOJ sues Google for being an Ad monopoly [Girdley]
   https://www.bloomberg.com/news/articles/2023-01-24/us-sues-google-over-ad-market-in-escalation-of-antitrust-fight
   
   
6. Microsoft investing $10bn in OpenAI [Girdley]

https://www.bloomberg.com/news/articles/2023-01-23/microsoft-makes-multibillion-dollar-investment-in-openai

GPT is the new crypto (Chris)
https://seekingalpha.com/news/3928537-buzzfeed-stock-more-than-doubles-as-it-engages-openai-to-boost-more-content

Hosts: @anothercohen , @ChrisJBakke & @girdley

What happened this week:

• Apple burned cash again; this time Goldman Sachs paid a total of $1.2 B for Apple Card
• Why is Elon Musk’s Twitter all over the news? Is he the new Trump?
• The controversy around OpenAI: Did they hire global labor for under $2/hr?
• How does AI gets trained to moderate content outputs?
• T-Mobile Hacked: 37 million customer data points stolen.
• Peter Thiel’s fund wound down an 8-year bitcoin bet before the market crash
• TikTok Tries to save itself
• Crypto enforcement shows up... right as the bagholders left holding the bag.

Links

1. Apple Card lost $1.2B, GS paid for it.
   https://www.bloomberg.com/news/articles/2023-01-13/goldman-lost-1-2-billion-in-just-nine-months-in-newest-division#xj4y7vzkg
   
   
2. Musk’s Twitter Intentionally Suspended Tweetbot
   https://www.businessinsider.com/elon-musk-twitter-deliberately-suspend-tweetbot-third-apps-users-report-2023-1
   
   
3. OpenAI Used Kenyan Workers on Less Than $2 Per Hour to Make ChatGPT Less Toxic
   https://time.com/6247678/openai-chatgpt-kenya-workers/
   
   
4. T-Mobile Hacked: 37 million customer data points stolen.
   https://www.wsj.com/articles/t-mobile-says-hackers-stole-data-on-about-37-million-customers-11674166048?mod=djemalertNEWS
   
   
5. Peter Thiel’s fund wound down an 8-year bitcoin bet before the market crashed
   https://www.ft.com/content/0a1d5597-7145-4035-987b-ff033bba3d75
   
6. TikTok Tries to save itself
   https://www.wsj.com/articles/tiktok-tries-to-win-allies-in-the-u-s-with-more-transparency-11673836560?mod=djemalertNEWS

Hosts: @anothercohen , @ChrisJBakke & @girdley

What happened this week:

• Subway is selling itself: Who wants to buy the worst sandwiches on the block?
• SBF is back! Substack, $5B, and “I’m innocent statement”
• Forbes 30 under 30: Yet another fraud that goes past Due Diligence
• Cyberattack? 10,000 Flights were grounded: A corrupt data file makes NOTAM crash
• Apple Will Talk Up Its Mixed-Reality Headset in 2023 But Not Much Else
• Disney Is Bringing Employees Back Four Days a Week

Links:

1. Subway plans a sale:
   https://www.wsj.com/articles/subway-explores-sale-that-could-value-sandwich-chain-at-more-than-10-billion-11673480236
   
   https://www.restaurantbusinessonline.com/amp/financing/subway-apparently-exploring-sale
   
2. FTX Has Recovered 'Over $5B' in Assets, Bankruptcy Attorney Says
   https://www.coindesk.com/policy/2023/01/11/ftx-has-recovered-over-5b-in-assets-bankruptcy-attorney-says/
   SBF playing “Public defender”:
   https://www.wsj.com/livecoverage/stock-market-news-today-01-12-2023-cpi-report-december-inflation?mod=djemalertNEWS
   FTX Seeks to Recoup Sam Bankman-Fried’s Charitable Donations
   FTX Seeks to Recoup Sam Bankman-Fried’s Charitable Donations - WSJ
   
3. 30 u 30 fraudster:
   JP Morgan Says Startup Founder Used Millions Of Fake Customers To Dupe It Into An Acquisition
   
4. A single 35-year-old computer takes down all air travel in the US:
   https://www.reuters.com/business/aerospace-defense/us-faa-says-flight-personnel-alert-system-not-processing-updates-after-outage-2023-01-11/
   https://aixm.aero/sites/aixm.aero/files/imce/library/ATIEC_2015/28_day2_notam_services_over_swim.pdf
   
5. https://www.bloomberg.com/news/newsletters/2023-01-08/when-will-apple-launch-the-reality-pro-mixed-reality-headset-apple-2023-devices-lcnfzkc7
6. https://www.nytimes.com/2023/01/09/business/disney-return-to-office.html
   

Hosts: @anothercohen , @ChrisJBakke & @girdley

In this episode, we talked about the following:

• The white-collar recession & massive Lay-offs
• The story behind the Amazon takeover of Wholefoods
• Should you be worried about the layoffs yet?
• Bed, Bath and Bankruptcy: The least surprising news of 2023 so far
• How would @anothercohen turn BBB around?
• Shopify installed a “Big Brother” bot to keep employees from scheduling shitty meetings
• Greta’s Massive burn on Andrew Tate

Links

1. Bed, Bath, and Bankruptcy:
   https://www.wsj.com/articles/bed-bath-beyond-faces-potential-bankruptcy-filing-11672926677
   
   
2. Shopify’s Big Brother story: “Just say no” https://www.bloomberg.com/news/articles/2023-01-03/shopify-ceo-tobi-lutke-tells-employees-to-just-say-no-to-meetings
   
   
3. Greta’s MASSIVE burn:
   https://twitter.com/GretaThunberg/status/1608056944501178368?s=20&t=iqgEwzM5w4CNh7VRR7I4UA