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Techmeme
January 7, 2023, 2:05 AM
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Top News

Mitchell Clark / The Verge:
Kuo: Apple canceled its fourth gen iPhone SE, in which it planned to debut its own 5G modem; the cancelation could be due to poor sales of mid-to-low-end phones  —  On Friday, Kuo wrote in a blog post that Apple had canceled production and shipment plans for the phone after his prediction …
Eric Slivka / MacRumors:
Kuo: due to development issues, Apple is “more likely” to debut its mixed-reality headset in the spring or at WWDC 2023, not January as previously predicted
Parmy Olson / Bloomberg:
Irish DPC's €390M Meta fine, issued at the behest of the European Data Protection Board, fits with the EU's plan to crack down on Big Tech in the next two years  —  Meta Platforms Inc. is used to batting away the occasional fine from European regulators as a cost of doing business.
Wired:
Some Twitter staff in the US and other countries laid off by Elon Musk in November say they have not received information about the severance they were promised  —  Staff laid off by Elon Musk were assured they would be compensated following mass cuts.  As the deadline passes, the silence has been deafening.
Jennifer Maas / Variety:
Roku reports ending 2022 with more than 70M accounts globally, up 16.5% from the end of 2021, and says streaming hours grew 19% YoY to 87.4B in 2022  —  The customer total was up 16.5% from the end of 2021, when Roku totaled 60.1 million global accounts.  —  Per Roku, streaming hours reached …
Bloomberg:
Sources: the SEC and EDNY are scrutinizing transfers between DCG and the lending arm of its subsidiary Genesis; the probes have not accused DCG of wrongdoing  —  US authorities are digging into the internal financial dealings of Barry Silbert's expansive crypto empire, according to people familiar with the matter.
Cheyenne Ligon / CoinDesk:
An Ohio man pleads guilty to stealing 712+ bitcoins seized by the IRS in a case against his brother, who was convicted of running money laundering service Helix  —  Gary Harmon, brother of Helix CEO Larry Harmon, stole his brother's forfeited crypto right out from under the IRS's nose, and spent it extravagantly.
Thomas Brewster / Forbes:
Researchers: cybercriminals have started using ChatGPT to create hacking tools and AI-generated malware code, and are testing the tool for dating scam chatbots  —  Users of underground forums start sharing malware coded by OpenAI's viral sensation and dating scammers are planning on creating convincing fake girls with the tool.
Sam Sutton / Politico:
The SEC is working on a rule, which could be finalized this quarter, to make it easier for investors to sue VCs for bad behavior, negligence, and recklessness  —  After being battered by rising interest rates and choppy markets, the venture capital industry is sweating new regulations that could expose fund managers to legal risks.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:05 AM ET, January 7, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

David Friend / Vanity Fair:
How 9/11 spawned the digital media era, as the attacks altered an already image-saturated media ecosystem

Joe Sonka / Louisville Public Media:
McClatchy enacts deep, nationwide layoffs, including at the Lexington Herald-Leader, Miami Herald, Kansas City Star, Charlotte Observer, and Idaho Statesman

New York Times:
California Gov. Gavin Newsom signs a bill that prohibits social media platforms from offering addictive features to users under 16, the first such law in the US

More News

Carly Page / TechCrunch:
Rackspace plans to discontinue its Exchange service after confirming hackers accessed 27 customers' personal data during the December 2022 ransomware attack
Reuters:
Huobi plans to lay off ~20% of its 1,100 staff, citing the “bear market”; CoinGecko: Huobi was the eighth largest crypto exchange by volume in November 2022

Earlier Picks

CNBC:
Samsung estimates that its Q4 operating profit fell by 69% YoY to ~$3.37B, an eight-year low, citing a greater-than-expected decline in memory chip demand
Ana Paula Pereira / Cointelegraph:
Three Arrows Capital liquidators subpoena founders Zhu Su and Kyle Davies, who have resisted cooperation, via Twitter, seeking documents on the fund's collapse
Mitchell Clark / The Verge:
Qualcomm unveils Snapdragon Satellite, which lets phones with a Gen 2 SoC and an X70 modem text off the grid via Iridium's satellite network, coming in H2 2023
Matt Burgess / Wired:
WhatsApp launches proxy support globally, letting users with blocked or disrupted connections use the app via servers set up by volunteers and organizations
Wall Street Journal:
New York AG Letitia James files a civil lawsuit against Celsius co-founder Alex Mashinsky, alleging he defrauded investors out of billions via false statements
Jules Roscoe / VICE:
The FTC proposes a rule banning non-compete clauses, saying the contracts harm healthy competition in the labor and product markets and block entrepreneurship
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