Michael Pooler / Financial Times: Alex Szapiro, co-head of SoftBank’s nearly $8B Latin America fund, says he is confident about securing extra capital from its parent despite a ~$900M paper loss  —  Alex Szapiro says he is confident about securing extra capital from Japanese technology conglomerate Lees verder op Tech Meme

Daniel Taub / Bloomberg: First Citizens agrees to buy the commercial banking business of Silicon Valley Bank from the FDIC including all deposits and loans  —  First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender. Lees verder op Tech Meme

Pranshu Verma / Washington Post: A mid-March Midjourney update seemingly fixed one of the AI image generator’s major failings: its inability to depict lifelike human hands with five fingers  —  Improved AI image-making software churned out believable yet fictional images of former president Trump getting arrested Lees verder op Tech Meme

Bloomberg: Sources: the Hong Kong arms of three Chinese state banks have reached out to offer services to crypto businesses in recent months, despite a mainland crypto ban  —  Crypto firms rushing into Hong Kong after the city opened its doors to the battered sector are finding a surprising source of potential support: China’s state-owned banks. Lees verder op Tech Meme

Sarah E. Needleman / Wall Street Journal: A look at Modulate’s ToxMod and other AI-based tools that help gaming companies moderate voice chats in online games, amid concerns of accuracy and user privacy  —  New artificial-intelligence tools can mute, ban players who violate conduct rules  —  In the videogame “Gun Raiders,” … Lees verder op Tech Meme

Erin Woo / The Information: Source: Elon Musk emailed Twitter employees offering stock grants at a ~$20B valuation, or 55% less than what he paid to buy the company  —  Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. Lees verder op Tech Meme

Joe Brock / Reuters: Sources: concerned about Chinese spying, the US helped SubCom win its $600M bid for a Singapore-France subsea cable project via incentives and investor pressure  —  Subsea cables, which carry the world’s data, are now central to the U.S.-China tech war.  Washington, fearful of Beijing’s spies … Lees verder op Tech Meme

Mark Gurman / Bloomberg: Sources: Apple last week demoed its mixed reality headset, likely dubbed Reality Pro or Reality One, for its top ~100 executives, ahead of their annual offsite  —  Apple’s push into mixed reality will take years to pay off, with the company hoping the device follows the same trajectory as its smartwatch. Lees verder op Tech Meme