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October 18, 2022, 8:32 AM
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| Natasha Lomas / TechCrunch: |
UK's CMA gives a final order to Meta to sell Giphy, after a judge ordered the CMA to reassess the case in July — Bye-bye: Meta has again been ordered by the UK's competition watchdog to sell animated GIF platform, Giphy. And this time it's final. — The decision follows a 'stay …
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Sky News, Bloomberg, GOV.UK, The Guardian, Reuters, Insider, CNBC, City A.M., and GOV.UK. Tweets: @jimwaterson
| James Vincent / The Verge: |
Meta says it will accept the UK CMA ruling and divest itself of Giphy globally — Facebook and Instagram parent company Meta says it will accept a ruling by the UK competition watchdog to divest itself of social media GIF library Giphy. … We will work closely with the CMA on divesting Giphy."
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Reuters
| Ina Fried / Axios: |
Microsoft announced layoffs across multiple divisions on October 17; source: less than 1,000 jobs were cut across various levels, teams, and parts of the world — Microsoft announced layoffs across multiple divisions on Monday, Axios has confirmed. — Why it matters: The move …
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Insider, GamesIndustry.biz, Wall Street Journal, DCD, Fortune, Barron's Online, Game Developer, Engadget, Thurrott, CNBC, Silicon Republic, IGN, Windows Central, Game Rant, Gameranx, Video Games Chronicle, TheGamer, Reuters, Neowin, GeekWire, The Economic Times, Gamereactor UK, and PC Games Insider
| Platformer: |
Interviews with journalists at The Wire, sources at Meta, and knowledgeable outside observers describe the messy fight between Meta and The Wire — The journalists behind a controversial series of stories tell us they haven't been hoaxed. We're not so sure
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The Verge, The Wire, Garbage Day, Cybersect, and Pixel Envy
Tweets: @jeremylittau, @guyro, @harveen_a, @lizcarolan, @caseynewton, @onosmosis, @infosecchris, @rafat, @venkatananth, @raj63245195, @jasonschreier, @iam_anandv, @zoeschiffer, @caseynewton, @jaaivipra, @maryhui, @kimzetter, @baxiabhishek, @aranganathan72, @szhang_ds, @taviso, @thewire_in, @chandrarsrikant, and @charlesarthur
| Janko Roettgers / Protocol: |
Netflix rolls out a feature globally to let users transfer all their personalized viewing data to a new account, ahead of a crackdown on account sharing in 2023 — Netflix is making it easier for people to disentangle their personal viewing data: The streaming service is rolling …
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Wall Street Journal, Variety, MacRumors, Gizmodo, Silicon Republic, Tom's Guide, Android Authority, TechRadar, Fossbytes, The Verge, Pocket-lint, BGR India, MSPoweruser, iClarified, iPhone in Canada Blog, iMore, XDA Developers, SlashGear, IGN, Techaeris, The Hollywood Reporter, TechHive, BGR, Engadget, 9to5Mac, The Streamable, and TechCrunch
| Avery Menegus / Engadget: |
Internal doc: Amazon has a high attrition rate across all levels, costing $8B annually, and workers choose to leave twice as often as layoffs and firings occur — Amazon churns through workers at an astonishing rate, well above industry averages. According to a tranche of documents marked …
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The Verge. Tweets: @mytechmusings, @_katya_long, @carnage4life, @kyweise, @ronmknox, and @seldo
| Corrie Driebusch / Wall Street Journal: |
Sources: Intel is eyeing a significantly lower sub-$20B valuation for the IPO of its Mobileye self-driving car unit, down from the originally expected $50B+ — A target valuation of under $20 billion is expected, down from $50 billion — Intel Corp. INTC 1.97%▲ …
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Bloomberg, Reuters, Globes Online, Coinspeaker, SiliconANGLE, and Barron's Online
Tweets: @kristinaparts and @alex
| Jon Porter / The Verge: |
Carl Pei's Nothing will hike the price of its Ear (1) wireless earbuds from $99 to $149 on October 26, citing “an increase in costs” — Nothing is hiking the price of its debut Ear 1 earbuds from $99 to $149, the company's CEO Carl Pei has announced.| Noah Smith / Noahpinion: |
Analysis: why the Biden administration's sweeping export controls on China's chip sector happened now and how they could usher in a new global economic paradigm — Now it's on. — “You come at the king, you best not miss.” — Omar Little — In a post back in August …
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The Economist, Bloomberg, Digits to Dollars, Memex 1.1, Washington Post, TechCrunch, What China Wants, ChinaTalk, BGR, NextPit, Financial Times, Appuals.com, and Transistori
Tweets: @noahpinion, @jordanschnyc, @counternotions, and @aphysicist
| Nikkei Asia: |
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TechNode, Blocks and Files, Observer, China Tech Threat, SiliconANGLE, Computerworld, CRN, iPhone Hacks, iThinkDifferent, Tom's Hardware, MacDailyNews, Slashdot, Patently Apple, iPhone in Canada Blog, Cult of Mac, 9to5Mac, iMore, Philip Elmer‑DeWitt, MacRumors, PCMag, and Reuters
Tweets: @dalperovitch, @sentomcotton, @fkronawitter1, @carnage4life, @danharris, @byron_wan, @charlesmok, and @sharp_writing
| Bloomberg: |
Stability AI raised a $101M seed, a source says at a ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users — The parent company of Stable Diffusion, an artificial intelligence tool that makes digital art, has reached unicorn status …
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The Verge, TechCrunch, Stability AI, Silicon Canals, The Overspill, UKTN, and Crunchbase News
Tweets: @grady_booch, @brianmcc, @pt, @carnage4life, @kantrowitz, @pt, @maxieryan, @pt, @jposhaughnessy, @zck, @pt, @jposhaughnessy, @briannekimmel, and @josephjacks_
| Kyle Wiggers / TechCrunch: |
Enable, which lets B2B companies manage their rebate programs, raised a $94M Series C led by Insight Partners, bringing its total funding to $156M — Enable, a startup selling access to a platform that helps business-to-business (B2B) companies manage their rebate programs … | Tim Hardwick / MacRumors: |
Apple restores Russia's largest social network VKontakte, Mail.ru, and other apps from VK, three weeks after removing them citing UK sanctions — Apple has restored Russian apps for social network VKontakte and webmail provider Mail.ru to the App Store, three weeks after removing …
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9to5Mac and The Guardian
| Bryan Pietsch / Washington Post: |
A recent Kakao outage has raised monopoly concerns in South Korea; the company had previously claimed it had ~47.5M active users in the country of 51M+ people — SEOUL — In South Korea, Kakao is ubiquitous. Nearly everyone, from schoolchildren to the elderly, uses the Korean tech company's apps …
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Bloomberg, Reuters, The Korea Herald, CNBC, Coinspeaker, DCD, Korea Joongang Daily, and The Register
Tweets: @reuters, @myhlee, @ronniecharrier, @washingtonpost, and @bybryanpietsch
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