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January 4, 2023, 12:00 PM
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| Vincent Manancourt / Politico: |
The Irish DPC fines Meta €390M over behavioral ad data violations, giving Meta three months to resolve the issues, a significant blow to Meta's EU ad business — Meta faces €390 million in fines and must find a new legal route to targeted ads, while the Irish regulator is suing …
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Wall Street Journal, noyb.eu, Data Protection Commission, New York Times, Bloomberg, Meta, The Register, New York Post, The Guardian, San Francisco Business Journal, CyberScoop, Euractiv, Engadget, The Information, Associated Press, BleepingComputer, AppleInsider, The Verge, TechCrunch, Business Post, CNBC, GRC World Forums, independent, and The Irish Times
Mastodon: @1br0wn@eupolicy.social. Tweets: @adrianweckler, @noybeu, @maxschrems, @vmanancourt, @martinsfp, @robertjbateman, @justinhendrix, @gabrielazanfir, @maxschrems, @s8mb, @missig_geek, @carlszabo, @nwl88444048, @futureboy, @kenroth, @andymstone, @thetranscript_, @adrianweckler, @adrianweckler, @robertjbateman, @montezumachavez, @floorter, @brianhonan, @dpcireland, @jason_kint, @jonathanmendez, @johnnyryan, @shiraovide, @ekmokaya, @jesselehrich, @jesselehrich, @johnnyryan, @noybeu, @astaniscia86, @maxschrems, @maxschrems, and @maxschrems
| New York Times: |
Coinbase agrees a $100M settlement with NY regulators over breaking anti-money-laundering laws, comprising a $50M fine and $50M for compliance; COIN jumps 9%+ — The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.| Aaron Holmes / The Information: |
Sources: Microsoft plans to release a version of Bing that uses OpenAI's ChatGPT tech to answer some search queries, possibly launching as soon as Q1 2023 — Microsoft could soon get a return on its $1 billion investment in OpenAI, creator of the ChatGPT chatbot, which gives humanlike text answers to questions.
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Bloomberg, Search Engine Land, Gizmodo, VentureBeat, The Verge, Computerworld, Thurrott, Datascience Learning Center, Reuters, 9to5Google, Engadget, Insider, TechRadar, John Battelle's Search Blog, OnMSFT.com, TechCircle, MSPoweruser, PCMag, ZDNet, AI News, BigTechWire, Fossbytes, Android Authority, Firstpost Tech, Silicon Republic, and Neowin
| Chris Welch / The Verge: |
A look at Samsung's TV updates in 2023: Neo QLEDs converting SDR to HDR, futuristic MicroLED TVs, improvements to The Frame, and software and AI updates — Last year, Samsung radically shook up the TV market with the introduction of its first OLED model in many years.| Nivedita Balu / Reuters: |
Memo: Salesforce plans to lay off around 10% of its staff and close some offices, expecting to incur $1.4B to $2.1B in charges for the restructuring — Salesforce Inc (CRM.N) said on Wednesday it would lay off about 10% of its employees and close some offices as a part of its restructuring plan …
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Bloomberg, Wall Street Journal, The Information, CNN, Mercury News, CRN, Associated Press, San Francisco Business Journal, Globes Online, Washington Post, The Hill, MarketWatch, Bloomberg, Insider, New York Times, Silicon Republic, The Register, Reuters, TechCrunch, The Economic Times, TechRadar, CNBC, Financial Times, TechCircle, Livemint, Barron's Online, Business Post, WRAL TechWire, and SEC.gov
Tweets: @rhinosoros, @alexweprin, @conorsen, @deitaone, @blairkamin, @jesskellynt, @joepwilliams31, @kantrowitz, and @buccocapital
| Ron Amadeo / Ars Technica: |
Android's director of engineering said Google wants RISC-V as a “tier-1” Android architecture and shared a years-long roadmap at December 2022's RISC-V summit — Google's keynote at the RISC-V Summit promises official, polished support. — Over the holiday break …
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RISC-V International on YouTube and Android Police
Tweets: @larsberg_, @larsberg_, and @sybreon
| Kate Conger / New York Times: |
Twitter plans to relax its longstanding ban on cause-based ads in the US and will expand the political advertising the company permits in the coming weeks — Elon Musk's social media service said it would begin to permit cause-based advertising to “facilitate public conversation around important topics.”
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Washington Post, Gizmodo, Wall Street Journal, The Verge, The Guardian, Engadget, Axios, The Hill, Reuters, crypto.news, Associated Press, Financial Times, KnowTechie, ExchangeWire.com, TechCrunch, MUO, TechCircle, Analytics Insight, and MediaNama
| Casey Newton / Platformer: |
Twitter Product Engineering Lead Behnam Rezaei and Senior Director of HR Business Partner Katie Marcotte both resign; Marcotte was at Twitter for 10 years — ByteDance thought it had a deal with the government in August. Then came the bans — and a spying scandal
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Los Angeles Times. Tweets: @zoeschiffer, @sachee, @michaelsocolow, @caseynewton, @theserfstv, and @canderaid
| Shaurya Malwa / CoinDesk: |
Bonk, a Shiba Inu-themed coin on Solana issued on December 25, has risen 2,220% in the past week and 150% in the past 24 hours, offsetting some of SOL's decline — The memecoin is up over 150% in the past 24 hours and have recorded some of the highest trading volumes on Solana-based decentralized exchanges.| Chris Welch / The Verge: |
Roku plans to launch its own TVs in spring 2023 across two brands, Roku Select and Roku Plus, ranging from 24-inches for $119 to 75-inches for $999 — Roku is making big news at CES 2023: the company long known for its streaming players and easy-to-use software plans to release its own lineup of TVs this year.
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Roku, Engadget, Thurrott, Insider, TheStreet, CNET, Android Authority, PCMag, Gizmodo, Light Reading, Tom's Guide, BGR, GameSpot, Android Central, IGN, TechRadar, Variety, Mashable, Pocket-lint, The Streamable, and Digital Trends. Tweets: @mcwm
| Paul Kiernan / Wall Street Journal: |
The US Federal Reserve, FDIC, and OCC warn banks that issuing or holding crypto “is highly likely to be inconsistent with safe and sound banking practices” — Regulators say holding cryptocurrencies is likely inconsistent with safe banking practices — Crypto's Crash Has Been Swift but Largely Self-Contained.
More:
The Federal Reserve, Crypto Daily, CNBC, Watcher Guru, and FDIC
Tweets: @jp_koning, @ddisparte, @davecbenoit, @johnedeaton1, @epsilontheory, @chainyoda, @coindesk, @lucio__vallarta, @ddayen, @ryder_ripps, @ofnumbers, @bruceqburke, @smtuffy, and @amacker
| Matt Levine / Bloomberg: |
The US case against alleged Mango Markets manipulator Avraham Eisenberg highlights traders treating crypto as a game, forgetting the real-world consequences — Mango — So here's a trade. — You open two accounts on a commodity futures exchange, Account A and Account B.
Tweets: @pt, @matt_levine, @mrauchs, @martincschmalz, @aservais1, @michaelbkelley, @sarthakgh, and @business
| Zachariah Kelly / Gizmodo Australia: |
Twitter appears to have resolved an issue in Australia and New Zealand that caused downtime for over 12 hours, starting around 6:40am AEST on January 4 — It seems to be every day now that we're writing a story on Twitter, and today's no exception. Twitter appears to be down or poorly functioning … | Tom Warren / BuzzFeed News: |
Sam Bankman-Fried pleads not guilty to all eight criminal charges, including wire fraud and money laundering; if convicted, he faces up to 115 years in prison — If convicted on all counts, he faces up to 115 years in prison. — Sam Bankman-Fried, the founder and former CEO …
More:
CNBC, Reuters, Bitcoin News, The Guardian, The Block, WRAL TechWire, and Crypto Daily
Tweets: @connellmcshane, @innercitypress, @innercitypress, @watcherguru, @autismcapital, and @molcranenewman
| CoinDesk: |
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Reuters, Fortune, Inside Bitcoins, and Bloomberg
Tweets: @molcranenewman, @leomschwartz, @tier10k, @molcranenewman, @innercitypress, @hkanji, @exavierpope, @autismcapital, and @leomschwartz
| Bloomberg: |
Sources: China is pausing massive investments and costly subsidies for its chip industry amid a COVID-19 wave, seeking alternatives to help homegrown chipmakers — China is pausing massive investments aimed at building a chip industry to compete with the US, as a nationwide Covid resurgence strains …
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MIT Technology Review. Tweets: @dalperovitch, @jimpethokoukis, @bloombergtv, @thestalwart, @pelstrom, @sdonnan, @annmarie, @counternotions, and @byron_wan
| Megha Mandavia / Wall Street Journal: |
A look at three pieces of Indian government legislation planned in 2023 to regulate US tech giants, mixing EU antitrust rules with China-style surveillance — American tech firms will face hard choices in India this year — The standoff between India and U.S. tech giants will intensify … | Axios: |
Sources: crypto payments startup Wyre told staff that it is shutting down; Bolt planned to acquire Wyre for ~$1.5B but canceled the deal in September 2022 — Wyre, a crypto payments company founded in 2013, has told employees that it is shutting down amid layoffs, Axios has learned.
More:
LinkedIn, Decrypt, Blockworks, and crypto.news
Tweets: @wublockchain, @justindross, @noahweid, @shenlucinda, @callmegillette, @yoda, @mayazi, and @scotthickle
| Joseph Menn / Washington Post: |
Cybersecurity company Rapid7 hires Peiter “Mudge” Zatko, the former Twitter security chief and whistleblower, to advise consulting clients — Former Twitter security chief Peiter Zatko, whose whistleblower claim against the company triggered multiple ongoing investigations … | Romain Dillet / TechCrunch: |
Nvidia upgrades its $19.99 per month GeForce Now plan, renamed Ultimate, to support 240 fps streaming, ultrawide monitors, and more by using RTX 4080 GPUs — Nvidia announced some new features for its cloud gaming service during its virtual CES press conference.
More:
Nvidia Newsroom, 9to5Google, GameSpot, and iPhone in Canada Blog
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