How effective altruism, described by some as a cult obsessed with AI doomsday, is influencing White House, Congress, and others' approach toward AI regulation (Brendan Bordelon/Politico)

Brendan Bordelon / Politico:
How effective altruism, described by some as a cult obsessed with AI doomsday, is influencing White House, Congress, and others' approach toward AI regulation — Effective altruism is increasingly described as a cult. But as the movement's billionaire adherents pour money into D.C. …

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PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were "underwater" (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch : PartnerOne acquires HeadSpin, whose founder is serving a jail sentence for fraud; email: employees' stock options were canceled as the options were “underwater” — Employees' stock options were cancelled, according to a document viewed by TechCrunch. from Techmeme https://ift.tt/noKyEDx via IFTTT

The FDIC announces an agreement to sell Signature Bank's assets to Flagstar Bank, a subsidiary of New York Community Bancorp (Pete Schroeder/Reuters)

Pete Schroeder / Reuters : The FDIC announces an agreement to sell Signature Bank's assets to Flagstar Bank, a subsidiary of New York Community Bancorp — A subsidiary of New York Community Bancorp (NYCB.N) has entered into an agreement with U.S. regulators to purchase deposits and loans from New York-based Signature Bank … source http://www.techmeme.com/230319/p6#a230319p6

Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO (Bloomberg)

Bloomberg : Tokyo-based chip equipment maker Kokusai expects nearly 50% of its revenue to come from China in the coming months; its stock is up ~66% since its October IPO — - China business accounts for more than 40% of revenue, CEO said — Investment for mature chip fabs likely remain solid next year from Techmeme https://ift.tt/OT8AHz2 via IFTTT

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