Techmeme
January 1, 2023, 10:50 AM

Top News

Wall Street Journal:
A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty  —  Trading firm took big gambles, winning some and losing plenty; ‘complete lack of a risk-management framework’
Wall Street Journal:
Brian Merchant / The Atlantic:
Meta's dramatic implosion, Elon Musk's Twitter train wreck, and Amazon's labor uprising show that 2022 was not just a disastrous year, but a reckoning for tech  —  The companies that define our digital lives have hit a wall.  —  The dramatic, multidimensional implosion of Meta …
New York Times:
Employment in tech occupations grew 12% YoY to a record 6.39M in November 2022, as workers eye banking, retail, health care, and manufacturing amid tech layoffs  —  Most tech jobs are now in mainstream industries like health care, banking and retail, which are increasingly in need of workers with digital skills.
Hannah Murphy / Financial Times:
Experts weigh in on Meta's impending decision to lift Donald Trump's Facebook and Instagram ban; source: the announcement will be made later than January 7  —  Tech giant's policy chief Nick Clegg due to rule this month whether to revoke ban on former US president
More: Reuters
Jared Gans / The Hill:
Google has agreed to pay $29.5M to settle lawsuits with Washington DC and Indiana over location tracking practices, after agreeing to pay ~$392M to 40 US states  —  Google has agreed to pay a total of $29.5 million to settle separate lawsuits with Washington, D.C., and Indiana over its location tracking practices.

Sponsor Posts

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IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
The Pull to Build: Joubin Mirzadegan on Grit and Starting Roadrunner
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The 100-person AI lab that became Anthropic and Google's secret weapon | Edwin Chen (Surge AI)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
AI Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
"Hollywood is Truly Freaked Out." Inside the Netflix/WBD Deal with Lucas Shaw
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Hard Fork:
OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
 

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More News

Mariella Moon / Engadget:
Wall Street Journal:

Earlier Picks

Matt Levine / Bloomberg: