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Analyticsindiamag

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Meta in Advanced Talks to Hire SSI Co-Founder Daniel Gross, Reports Reveal

  • Meta is in advanced talks to hire prominent AI investors Nat Friedman and Daniel Gross to lead its artificial intelligence efforts.
  • Meta is discussing a partial buyout of its venture capital fund, NFDG, which could cost over $1 billion.
  • Daniel Gross, co-founder of Safe Superintelligence (SSI), is expected to leave SSI to join Meta and focus on AI products. Nat Friedman's role is anticipated to be broader.
  • Both Friedman and Gross have experience in leading companies and have been working closely with Meta CEO Mark Zuckerberg.
  • Friedman, former CEO of GitHub, is now an investor and advisor, with a venture fund NFDG. He has been advising Meta on its AI strategy since 2014.
  • Meta is negotiating to purchase a substantial portion of NFDG’s holdings, gaining minority stakes in AI startups without control or access to sensitive information.
  • Meta is aggressively seeking top AI talent, offering substantial signing bonuses. OpenAI CEO Sam Altman mentioned Meta's $100 million signing bonuses in a recent podcast.

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Insider

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Meta's finance chief says Mark Zuckerberg is 'world-class' at giving feedback

  • Meta's chief financial officer, Susan Li, praises Mark Zuckerberg's ability to give constructive feedback, calling him 'world-class' at it.
  • Li mentioned that Zuckerberg's feedback is timely, direct, and respectful, helping recipients clearly understand the message without being mean or belaboring a point.
  • She highlighted Zuckerberg's growth as a public speaker and his skill in balancing directness with kindness.
  • Li emphasized the importance of being open to feedback for personal success, citing it as crucial to her own journey at Meta, where she started in finance in 2008 and became CFO in November 2022.
  • While Zuckerberg is proficient at giving feedback, he reportedly tends to initially resist receiving it, as mentioned by Meta's tech chief, Andrew Bosworth, in a previous statement.
  • Bosworth noted that Zuckerberg often disagrees at first but eventually considers and implements feedback after reflection.
  • Li did not immediately respond to requests for comment from Business Insider.
  • Zuckerberg's refined feedback style and growth as a public speaker were discussed on the 'Cheeky Pint' podcast hosted by John Collison.
  • This highlights the significance of constructive feedback and being receptive to it in professional growth.
  • The episode shed light on Zuckerberg's approach to communication and feedback, showcasing his strengths in these areas.
  • Li's insights offer a perspective on the positive qualities of Zuckerberg's leadership and communication skills within Meta.
  • The discussion underscores the value of respectful and effective feedback in fostering personal development and success.
  • Li's experience at Meta and rise to CFO serve as a testament to the importance of feedback in career progression.
  • Zuckerberg's feedback style aligns with cultivating a culture of growth and improvement within Meta and potentially contributes to its overall success.
  • The exchange on the podcast exemplifies the nuances of giving feedback constructively while acknowledging individual strengths and areas for development.
  • Li's endorsement of Zuckerberg's feedback approach adds a layer of insight into the dynamics of leadership and communication at Meta.
  • The conversation exemplifies a valuable lesson in effective communication and leadership skills in a corporate setting.

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Pymnts

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Report: Meta Aims to Hire AI Investors Nat Friedman and Daniel Gross

  • Meta is in talks to hire AI investors Nat Friedman and Daniel Gross and partially buy out their venture capital fund, NFDG.
  • Friedman and Gross would assist in leading Meta's AI efforts.
  • NFDG has invested in AI startups like Perplexity, The Bot Company, and Safe Superintelligence.
  • If Meta buys out the VC fund, it would have minority stakes in the startups without access to their information.
  • Gross, also a co-founder of Safe Superintelligence, may leave the position to join Meta.
  • Friedman currently advises Meta executives on the company's AI efforts.
  • Meta recently invested in Scale AI and plans to hire engineers for its AGI team.
  • Meta CEO Mark Zuckerberg is actively recruiting AI researchers and engineers.
  • Meta offered large signing bonuses to poach workers from OpenAI.
  • In May, Meta reorganized its generative AI team to stay competitive in the AI industry.

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Massivelyop

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World of Warcraft previews its next major update, The Ghosts of K’aresh

  • World of Warcraft is already gearing up for its next major update, The Ghosts of K’aresh, shortly after the recent deployment of a previous update.
  • The update continues The War Within's campaign and focuses on preventing the resurrection of Dimensius, the All-Devouring, in the realm of K’aresh with the help of the Brokers.
  • Players can expect a new raid, dungeon, and delve to explore in this update, along with an upgradeable artifact cloak and a new Phase Diving system for added challenges.
  • The update will also include balance changes and item upgrades to enhance gameplay.
  • K’aresh was first mentioned in The Burning Crusade as the Ethereals' home that was devastated by Dimensius.
  • Players are tasked with traveling to K’aresh to thwart Dimensius' resurrection.
  • The Brokers, previously seen in Shadowlands, will aid players in their mission.
  • The update promises a host of new content and features to keep players engaged.
  • Excitingly, players can view a video preview or read the full article to learn more about what to expect in the upcoming update.
  • The new Phase Diving system and upgradeable artifact cloak provide fresh gameplay mechanics for players to enjoy.
  • Fans of the game can look forward to a well-rounded update with a mix of new challenges and improvements.
  • The update introduces a range of content including a new raid, dungeon, and delve for players to experience.
  • Overall, The Ghosts of K’aresh update appears to offer substantial additions to the World of Warcraft experience.
  • Players can anticipate engaging in preventing Dimensius' resurrection with the aid of the Brokers in the realm of K’aresh.
  • The update also includes various enhancements like balance changes and item upgrades to enrich gameplay.
  • The news of the upcoming update has generated excitement among World of Warcraft players.

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Pymnts

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OpenAI Winds Down Involvement With Scale AI

  • OpenAI is phasing out its involvement with data-labeling startup Scale AI due to Scale's new ties to Meta.
  • Scale provided only a small fraction of the data needed by OpenAI, and their relationship had been winding down over the past six to 12 months.
  • Meta took a 49% stake in Scale and hired its founder, raising concerns about access to rival companies' AI development efforts.
  • Scale announced a substantial expansion of its commercial relationship with Meta after receiving a significant investment.
  • Scale remains committed to providing AI solutions independently and safeguarding customer data.
  • Meta was considering a multibillion-dollar investment in Scale, marking a significant move for the company.
  • OpenAI CEO accused Meta of making large offers to poach OpenAI workers in the AI race.

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Siliconangle

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Report: Meta targets former GitHub CEO Nat Friedman to boost its AI research efforts

  • Meta Platforms Inc. is seeking to expand its AI team by bringing on former GitHub CEO Nat Friedman and his partner Daniel Gross from NFDG.
  • Meta is also looking to purchase a stake in NFDG, an AI-focused venture capital fund that has backed several AI startups.
  • Friedman led GitHub to significant growth and innovation in AI with GitHub Copilot before focusing on investments at NFDG.
  • Gross, a co-founder of Cue, has worked on AI projects at Apple and Safe Superintelligence Inc. before joining NFDG.
  • Meta has been actively recruiting AI talent and invested in AI research, including acquiring Scale AI Inc. for $14.3 billion.
  • The company aims to develop 'artificial general intelligence' to compete with industry peers like OpenAI and Google.
  • Meta's attempts to poach AI talent with lucrative offers, including $100 million signing bonuses, have faced resistance from competitors like OpenAI.
  • CEO Sam Altman of OpenAI stated that Meta's offers have been declined due to the belief that OpenAI has a better chance at achieving artificial general intelligence first.
  • Meta has been striving to enhance its AI capabilities amid challenges in surpassing competitors in the industry.
  • The ongoing efforts by Meta reflect its ambitions to advance in the AI field and compete with other tech giants.

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Siliconangle

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Microsoft reportedly planning new round of layoffs with sales roles likely to be hit

  • Microsoft is reportedly planning to lay off several thousand employees next month, with sales roles likely to be impacted.
  • The job cuts are expected to occur after Microsoft's fiscal year ends on June 30 and could affect various departments, not just sales teams.
  • This potential round of layoffs would be the second major one by Microsoft this year, following a prior layoff of around 6,000 employees in May.
  • Microsoft has around 228,000 employees, with 45,000 in sales and marketing.
  • The company's Chief Commercial Officer indicated plans to use third-party firms for software sales to small and mid-size customers, affecting in-house sellers.
  • While Microsoft has not confirmed the layoffs, a spokesperson previously mentioned the evolution of the sales organization to align with the AI era.
  • Other tech companies like Autodesk, Google, Meta Platforms, Intel, and CrowdStrike have also announced job cuts this year amid AI's impact on various sectors.
  • Amazon's CEO anticipates a smaller workforce in the future due to increased AI automation, with tasks shifting to generative AI tools and AI agents.
  • AI advancements are expected to lead to job redundancies in companies, requiring workforce adjustments across different industries.

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Medium

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Why it’s time to leave WhatsApp

  • Meta, the company behind Facebook and Instagram, has announced plans to introduce ads to WhatsApp's Status tab.
  • While ads won't appear in the main chat feed yet, they will be shown after swiping through Status updates, targeting users based on city, phone language, and app interactions.
  • Up to 1.5 billion people check the Status section daily, making it a prime location for Meta to push ads for promoted channels and subscriptions.
  • This move contradicts WhatsApp executives' previous statements in 2023 where they denied any plans for ads in the app.
  • Meta's decision to monetize WhatsApp adds to concerns about data privacy and the company's respect for laws.

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TechCrunch

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A glitch is turning Threads into a literal echo chamber

  • A glitch on Threads is causing users' posts to get repeated, making it appear as if everyone on the feed is saying the same thing over and over again.
  • Users are experiencing a bug on Threads where one person's post is echoed multiple times by different users, creating a literal echo chamber effect.
  • Several users were seen echoing the same 'Siri, unsubscribe me from 2025' joke due to the glitch.
  • While Meta's apps have faced recent issues, the Threads error is more comical than harmful.
  • Last week, some users inadvertently posted personal conversations with Meta AI on a public feed, revealing sensitive information.
  • Meta Communications Director Andy Stone acknowledged the bug and stated they are working on a fix.

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The Verge

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Facebook rolls out passkey support to fight phishing attacks

  • Facebook is introducing passkey support on its mobile app for enhanced security against phishing attacks.
  • Passkeys allow users to log in using fingerprint, face scan, or PIN, making it harder for unauthorized access.
  • Passkeys are more secure than traditional passwords as they can't be stolen or leaked, providing protection against phishing scams.
  • Browser integration with passkeys ensures they only work on genuine domains and not on fake login pages.
  • Meta, Facebook's parent company, plans to launch passkey support on Android and iOS soon, extending to the Messenger app as well.
  • Various big tech companies like Google, Microsoft, Apple, and WhatsApp already use passkeys for secure sign-ins.
  • Users can still utilize passwords, physical security keys, or two-factor authentication in addition to passkeys for logging in.
  • In addition to account logins, passkeys can be used for autofilling payment information on Meta Pay.

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Massivelyop

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Overwatch 2 brings new mini-events, map voting, and several Stadium updates with Season 17

  • Overwatch 2 Season 17 brings new updates, including Stadium improvements, map voting, and mini-events.
  • The focus of Season 17 updates is on Stadium mode with new characters, maps, rank reset, and Stadium Forge feature.
  • Players can expect three more characters, two new maps, and mode-specific tweaks throughout the season.
  • Map voting is introduced for quick play and competitive matches, allowing players to have a say in map selection.
  • The Aatlis map for the Flashpoint mode offers a futuristic Morocco setting with fast-paced gameplay elements.
  • Players can receive rewards like free lockboxes and experience limited-time modes in the new mini-events during the season.

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Massivelyop

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Perfect Ten: 10 awesome reasons to go back to older MMORPGs

  • Old MMORPGs offer light system requirements, abundant content, and existing guides for players.
  • Communities in older MMORPGs are welcoming to new players, providing assistance and camaraderie.
  • Playing older MMORPGs allows experiencing the unique features that originally attracted players.
  • The slower pace in older games can provide a more immersive and isolated world experience.
  • Surprising beauty can be found in older MMORPGs despite their age and limitations.
  • Playing older games can help players appreciate modern gaming systems and advancements.
  • Older MMORPGs offer the opportunity to create new memories and enjoy timeless fun.
  • Exploring older games can lead to unexpected enjoyment and a private adventure.

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Massivelyop

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World of Warcraft activates Legacy of Arathor, explains Pandaria Classic’s celestial dungeons

  • World of Warcraft released Legacy of Arathor, introducing new content like a branching campaign, Lorewalking adventures, 'overcharged' delves, and a combat skill assistant.
  • The update also includes Turbulent Timeways, offering XP buffs through rotating expansions and a pirate dragon reward for completing an achievement.
  • Pandaria Classic will feature Celestial Dungeons as a replacement for the raid finder, with releases timed two weeks after specific raids to update item drops.

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Pymnts

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Altman Says Meta Offering $100 Million to Recruit OpenAI Staff

  • Sam Altman accuses Meta of offering $100 million signing bonuses to poach OpenAI staff.
  • Altman mentioned Meta considering OpenAI as its biggest competitor.
  • Meta is striving to catch up in the artificial intelligence race by attracting top talent.
  • Mark Zuckerberg personally interviews candidates for Meta's 'superintelligence' team.
  • Meta has convinced some AI experts to join, such as Jack Rae from Google DeepMind.
  • Meta plans to invest $15 billion in data-labeling startup Scale AI and assimilate its employees.
  • Despite making progress, Meta has experienced AI-related setbacks.
  • Meta faced criticism for boosting metrics for its Llama language model without sharing a full technical report.
  • AI is also being utilized in different sectors, like David's Bridal using it for wedding task management.
  • David's Bridal CEO Cook emphasizes the importance of AI-generated content and machine learning for their business.
  • AI plays a crucial role in David's Bridal's digital transformation and customer engagement strategies.
  • The article highlights the increasing reliance on AI technology across various industries.

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Guardian

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OpenAI boss accuses Meta of trying to poach staff with $100m sign-on bonuses

  • The boss of OpenAI, Sam Altman, has accused Meta, formerly known as Facebook, of attempting to poach his top AI experts with $100m sign-on bonuses.
  • Altman mentioned the offers of $100m signing bonuses and high annual compensations but expressed gratitude that their best staff had not accepted them.
  • Altman criticized Meta's recruitment strategy, emphasizing the focus on monetary incentives rather than work and mission, which could harm company culture.
  • Meta recently launched a $15bn initiative aimed at developing computerized super-intelligence, surpassing human performance in all tasks.
  • The AI industry faces fierce competition for talent, with companies like Meta losing candidates to rivals despite offering significant salaries.
  • Companies like Anthropic are attracting talent from competitors like OpenAI and DeepMind, intensifying the battle for AI expertise.
  • There is a race to achieve artificial general intelligence (AGI) among tech firms, resulting in substantial investments in AI technology and computing power.
  • Some tech companies acquire whole firms to secure top talent, evident in Meta's acquisition of Scale AI and Google's purchase of Character.AI.
  • Despite Meta's social media origins and OpenAI's non-profit beginnings, the two are now competitors in the AI field, with Altman questioning Meta's innovation capabilities.
  • Altman speculated on the potential impact of AI advancements, suggesting that achieving superintelligence may not drastically change the world as anticipated.
  • Altman proposed that AI's most significant impact in the future could be in discovering new science, a development that could surpass other achievements in the field.

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