Techmeme
January 3, 2023, 3:25 PM

Top News

Hartley Charlton / MacRumors:
A report details Apple's work on its AR/VR headset, which could cost ~$3,000, says manufacturer Pegatron assembled initial testing units in 2022, and more  —  Apple's mixed-reality headset will feature a physical dial for switching to a view of the real-world, a waist-mounted battery pack …
Patrick McGee / Financial Times:
Apple's market cap sinks below $2T in intraday trading, as its stock continues to slide; a year ago, Apple was the first company to reach a $3T market cap  —  Dramatic fall from $3tn in the past year comes amid investor fears over disruptions to its China-based factories
Matthew Boyle / Bloomberg:
Memo: Shopify cancels all recurring meetings with over two people “in perpetuity” and encourages staff to decline invitations, leave big group chats, and more  —  Shopify Inc. spent last year cutting costs.  Now, it's cutting meetings.  —  As employees return from holiday break …
Tom Warren / BuzzFeed News:
Sam Bankman-Fried pleads not guilty to all eight charges, including defrauding customers and laundering money; if convicted, he faces up to 115 years in prison  —  If convicted, the founder and former CEO of collapsed cryptocurrency exchange FTX faces 115 years in prison.
Chris Dolmetsch / Bloomberg:
Wall Street Journal:
Layoffs.fyi estimates tech companies cut over 150,000 jobs in 2022, compared to around 80,000 between March and December 2020 and 15,000 across all of 2021  —  Areas that were largely spared in 2020 are now among those with the largest numbers of job cuts  —  Technology-driven companies …
Belle Lin / Wall Street Journal:
Southwest Airlines' recent meltdown exposed an over-reliance on aging crew-assignment software SkySolver, forcing the company to return to manual scheduling  —  The airline industry is long overdue for a tech overhaul that takes full advantage of the cloud and data integration, analysts say
Tom Warren / The Verge:
Intel details its 13th Gen range for laptops, including the flagship Core i9-13980HX with eight performance and 16 efficiency cores and low- and mid-range chips  —  Intel's 13th Gen desktop CPUs have already delivered impressive performance to beat their AMD counterparts …
Jon Fingas / Engadget:
Nvidia brings the GeForce RTX 40 GPU to laptops, offering the RTX 4080 and 4090 for $1,999+ on February 8, followed by the RTX 4050 for $999+ on February 22  —  It didn't take long for NVIDIA's GeForce RTX 40 graphics to reach portable PCs.  The company has introduced RTX 40 GPUs for laptops …
Tom Warren / The Verge:
Reuters:
Legal filings: Google alleges over 50 instances of India's antitrust investigators copy-pasting parts of the EU's antitrust ruling, sometimes word-for-word  —  Google has told a tribunal in India that the country's antitrust investigators copied parts of a European ruling against the U.S. firm …
Romain Dillet / TechCrunch:
Nvidia upgrades its $19.99/month GeForce Now Ultimate plan to support 240 FPS streaming, ultrawide monitors, and more by using RTX 4080-class GPUs  —  Nvidia announced some new features for its cloud gaming service during its virtual CES press conference.  The company is upgrading …
Sean Hollister / The Verge:
Replying to the FTC's lawsuit, Microsoft bizarrely claims not to know when Call of Duty was first released or have details on Activision's budget and resources  —  But now that gamers and regulators are worrying Microsoft might keep Call of Duty from appearing on Sony's PlayStation …
Chris Rosato / WVUE-TV:
Under a new Louisiana law, visitors to websites that contain 33.3% or more of pornographic material must verify their age, including by using LA Wallet  —  BATON ROUGE, La. (WAFB) - The porn industry has been around for a while and in today's digital age business is booming.
Debby Wu / Bloomberg:
Chinese media: Foxconn says its Zhengzhou plant is operating with ~200,000 workers, or ~90% capacity, back to around reported normal levels, after disruptions  —  Foxconn Technology Group has brought the world's largest iPhone plant to about 90% of anticipated peak capacity …

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