| New York Times: |
Sources detail Elon Musk's Twitter cost-cutting measures, including closing a data center, reducing training for new staff, and canceling janitorial services — Elon Musk has reduced the company to a bare-bones operation, and employees are under a “zero-based budgeting” mandate to justify any spending.| Kate Conger / New York Times: |
| Chris Vallance / BBC: |
After a hacker demanded $200K to delete data on 400M+ Twitter accounts, Ireland's DPC plans to investigate the “security issue”; Twitter hasn't issued a comment — A watchdog is to investigate Twitter after a hacker claimed to have private details linked to more than 400 million accounts.| Yang Jie / Wall Street Journal: |
Analysts and sources detail improving iPhone output in China despite COVID-19 issues; Foxconn's main Zhengzhou iPhone facility is now operating at ~70% capacity — Main Foxconn facility recovers to about 70% of capacity and wait times for iPhone Pro models shorten| Chris Miller / The Atlantic: |
| Eric Bangeman / Ars Technica: |
Amazon starts Prime Air drone deliveries in Lockeford, California, and College Station, Texas, delivering a small number of packages with a maximum 5lbs payload — Amazon Prime Air wants to deliver packages within 60 minutes. — Amazon has begun delivering orders by drone.| Sam Kessler / CoinDesk: |
Sources: the FBI is investigating the leak of ~100K API keys linked to users of crypto trading service 3Commas, as a victims group claims to have lost over $20M — This week, an anonymous person leaked 100,000 API keys connected to the crypto trading service.| Sam Kessler / CoinDesk: |
| Russell Jacobs / Slate: |
An obituary for Dark Sky, which changed how people consume weather forecasts but is disparaged by scientists, as Apple plans to kill the iOS app on January 1 — At the end of this year, Dark Sky—the popular, sleek, sometimes accurate weather app—will go dark, its various components ambiguously incorporated … | Hannah Miller / Bloomberg: |
Solana co-founders Anatoly Yakovenko and Raj Gokal scramble to move past FTX's stain on SOL, down 96% from November 2021; FTX and Alameda bought 58M+ SOL tokens — Solana, the blockchain network once championed by Sam Bankman-Fried, is drawing immense scrutiny as industry watchers wonder whether … | Cameron Faulkner / The Verge: |
New York Governor Kathy Hochul signs the Digital Fair Repair Act, set to take effect on July 1, 2023, with amendments giving OEMs some exceptions and loopholes — New York governor Kathy Hochul signed the Digital Fair Repair Act on December 28th, 2022, and the law will go into effect on July 1st … | Debby Wu / Bloomberg: |
TSMC begins mass producing 3nm chips, which require ~35% less power than 5nm chips, in Taiwan, following Samsung, and promises to domestically produce 2nm chips — Taiwan Semiconductor Manufacturing Co. kicked off mass production of next-generation chips Thursday, ensuring the island remains … | Cristina Criddle / Financial Times: |
OpenSea CEO Devin Finzer says crypto has had “some setbacks” since FTX fell, NFTs could one day be denominated in USD, and the company has a “healthy runway” — Head of leading marketplace responds to digital assets slump following FTX scandal| Pratigya Yadav / Business Standard: |
An Indian government official says mobile device makers will have to use USB-C as the standard for charging starting in March 2025, following the European Union — Deadline follows EU's timeline for uniform charging ports' standards, says civil servant — Mobile device companies in India … | Dylan Patel / SemiAnalysis: |
A look at India's plan to gain semiconductor manufacturing share, including via a ~$10B incentive program, the Foxconn-Vedanta joint venture's issues, and more — Overview of incentive program, 3 major proposals feasibility — With the politicization of the semiconductor industry reaching … | Tabby Kinder / Financial Times: |
Brokers and investors: Silicon Valley workers are selling tech startup shares in secondary markets, compounding lower valuations amid layoffs and stalled IPOs — Workers forced into sales at sharp discounts amid job cuts and stalled IPO market — Silicon Valley workers are rushing …
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| Callan Quinn / The Block: |
| Washington Post: |
| Muyao Shen / Bloomberg: |
| Tracy Qu / South China Morning Post: |
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| Oliver Knight / CoinDesk: |
| Osato Avan-Nomayo / The Block: |