Techmeme
January 10, 2023, 3:45 PM

Top News

Kate Rooney / CNBC:
Coinbase plans to cut ~950 jobs, or ~20% of its workforce, aiming to reduce its operating expenses by 25% QoQ in Q1 2023, after laying off 18% in June 2022  —  - Coinbase is cutting a fifth of its workforce following an 18% staff reduction in June.  — CEO Brian Armstrong pointed …
Semafor:
Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation, taking 75% of OpenAI's profits until the investment is recouped and then owning 49%  —  Microsoft has been in talks to invest $10 billion into the owner of ChatGPT, the wildly popular app that has thrilled casual users …
Benj Edwards / Ars Technica:
Microsoft unveils VALL-E, a text-to-speech AI model trained on 60K hours of English speech that can simulate a person's voice from three seconds of sample audio  —  Text-to-speech model can preserve speaker's emotional tone and acoustic environment.  —  On Thursday, Microsoft researchers announced …
Olga Kharif / Bloomberg:
Cameron Winklevoss demands that DCG's board remove CEO Barry Silbert and alleges he and Genesis lied publicly, after his January 8 resolution deadline passed  —  Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert …
Chance Miller / 9to5Mac:
Apple SVP of Services Eddy Cue says App Store developers have made $320B+ since 2008 and lists 900M paid subscriptions, 200+ Arcade games, 70B Shazams, and more  —  Eddy Cue, Apple's senior vice president of services, has penned an open letter celebrating what he calls a “groundbreaking year for entertainment.”
Javier Paz / Forbes:
A breakdown of Binance's assets, according to Nansen, Glassnode, Defillama, and Arkham data, estimates the exchange has ~$50B left, down 24% from November 2022  —  The outflow of cash from Binance is worse than the CEO Changpeng Zhao indicated last month, and it's become considerably more severe since then, a Forbes analysis shows.
Sarah Perez / TechCrunch:
Amazon plans to open Buy with Prime to all US merchants on January 31, letting them offer Prime benefits like free shipping and returns on their own apps  —  Amazon announced this morning it's expanding its Buy with Prime service to U.S.-based merchants by the end of the month.
Bloomberg:
Sources: former FTX engineering chief Nishad Singh, who has not been accused of wrongdoing, met with US federal prosecutors last week to seek a cooperation deal  —  Former FTX engineering chief Nishad Singh met with federal prosecutors in a bid to become the third member of Sam Bankman-Fried's inner circle …
Taylor Hatmaker / TechCrunch:
Meta plans to further limit ad targeting users under 18 in February 2023, including removing the options to target teens based on gender and in-app activity  —  Meta is making some changes to how its apps handle advertising and young users.  Under the new rules, advertisers on Instagram …
Jacquelyn Melinek / TechCrunch:
The Easy Company raised a $14.2M seed and launches a “social” crypto wallet in beta with an “Instagram-like experience” for viewing NFTs  —  The Easy Company has raised $14.2 million in a seed round and launched its “social” crypto wallet to help onboard more mainstream audiences …
Kyle Wiggers / TechCrunch:
Microsoft acquires Fungible, which makes data processing units for data centers and has raised over $300M; reports from December say the deal is worth ~$190M  —  In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known …
Financial Times:
Meta contractor Sama plans to cut ~200 staff and close its east African content moderation hub in March 2023; Meta plans to keep 1,500 Sama staff to label data  —  Staff at Nairobi office were moderating graphic and harmful material  —  Meta's east African content moderation hub is shutting …
Washington Post:
A New York University study finds Russian troll Twitter accounts had a minimal impact on 2016 US election voters; 1% of users accounted for 70% of the exposure  —  Welcome to The Cybersecurity 202!  I caught up on some time hanging out with friends this past weekend.  Friends are cool.

Sponsor Posts

Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
How to create an omnichannel customer engagement strategy  —  Let's talk customer engagement—the holy grail of any business.  If you look at any real-world examples, Sephora is what most consider the 'Sensei …
Comprehensive.io:
Browse salary data from 3,000 startups for free  —  Click for FREE, immediate access to real-time compensation benchmarking data.  Paid version helps HR automate comp reviews and communicate total compensation to employees.
The Kevin Rose Show:
Henry Shukman, Lessons from an Authentic Zen Master
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 03/28 - Claude 3 Opus Surpasses GPT-4 For The First Time
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:45 PM ET, January 10, 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.

More News

Paul Alcorn / Tom's Hardware:
Zack Whittaker / TechCrunch:
Cecilia Kang / New York Times:
Financial Times:

Earlier Picks

Rachel Syme / New Yorker:
Mitchell Clark / The Verge:
Sarah Perez / TechCrunch: