| Reuters: |
The FAA says normal air traffic is “resuming gradually” across the US after its Notice to Air Missions system failed; FlightAware: over 32K flights were delayed — U.S. flights were slowly beginning to resume departures and a ground stop was lifted after the Federal Aviation Administration … | Mark Gurman / Bloomberg: |
Sources: Apple plans to design and develop its own displays for mobile devices, starting with microLED screens for the Apple Watch Ultra by the end of 2024 — Apple Inc. is planning to start using its own custom displays in mobile devices as early as 2024, an effort to reduce its reliance … | Mitchell Clark / The Verge: |
Twitter renames Latest Tweets to Following and Home to For You, making the algorithmic feed the default with no option to change it, rolling out on iOS first — Twitter is changing how you move between the algorithmically-driven timeline and the reverse chronological one and making the algorithmic feed the default.| Financial Times: |
Court documents: Sam Bankman-Fried invested $20M in Paradigm's $2.5B Paradigm One fund in late 2021, before the fund then invested in FTX and FTX US — Court documents shed light on Sam Bankman-Fried's circular transactions — Sam Bankman-Fried invested $20mn in a large venture capital fund … | Jeremy Hill / Bloomberg: |
| Makena Kelly / The Verge: |
Sources: Parler's parent company laid off ~75% of its staff and most of its chief executives over the past few weeks, leaving the social app with ~20 employees — Parlement Technologies, the parent company of “censorship-free” social media platform Parler, has laid off a majority of its staff … | Zac Bowden / Windows Central: |
Sources: Microsoft ditched a dual-screen design for the Surface Duo 3, opting for an internal foldable screen, an external cover display, and a 180-degree hinge — Microsoft's next foldable phone will have an internal foldable display. — What you need to know| Allison Johnson / The Verge: |
Samsung sets its next Galaxy Unpacked for February 1 at 10am PT in San Francisco, its first in-person event in three years, likely to unveil the Galaxy S23 — Mark your calendar: Samsung is hosting its next Galaxy Unpacked on February 1st. The company is officially confirming a date … | Bloomberg: |
Binance admits flaws in maintaining its Paxos-managed BUSD stablecoin, which should be backed 1:1; ChainArgos: BUSD was undercollateralized by $1B+ in 2020-21 — Binance Holdings Ltd., the biggest cryptocurrency exchange, acknowledged past flaws in the management of its stablecoin's reserves … | Amanda Pedersen / Medical Device + Diagnostic Industry: |
A US ITC judge rules that some Apple Watches infringe on one of five Masimo pulse oximeter patents related to using light sensors to measure blood oxygen levels — An International Trade Commission judge ruled that Apple infringed on one of five Masimo patents related to using light sensors … | Javier Espinoza / Financial Times: |
How Section 19a of Germany's Competition Act gives antitrust authorities the power to divest and sanction Big Tech, as the EU slowly rolls out its enforcement — While EU regulators slowly roll out their own enforcement mechanism, Berlin is already holding gatekeepers to account| Taylor Hatmaker / TechCrunch: |
Meta plans to further limit ad targeting users under 18 starting in February 2023, including removing the options to target 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 … | Jai Vijayan / Dark Reading: |
Microsoft releases 98 security fixes, patching 11 critical vulnerabilities and an actively exploited privilege escalation zero-day flaw in Windows ALPC — Microsoft's January 2023 Patch Tuesday security update contains fixes for bugs in multiple products. Here's what you need to patch now.| Angus Loten / Wall Street Journal: |
Analysts say Salesforce's customers do not seem to be swayed by Slack; the messaging service's revenue growth declined from 11.7% in Q1 2022 to 6.9% in Q3 2022 — Carhartt's CIO says the addition of the messaging app hasn't made Salesforce's products more appealing| Jon Brodkin / Ars Technica: |
Nevada's US senators claim the FCC's new broadband maps, which will be used to allocate $42.45B in grants, are filled with mistakes and overstate coverage — Errors suggest ISPs are claiming to serve more homes than they actually do. — Nevada's US senators say the Federal Communications Commission's … | Steven Church / Bloomberg: |
A US bankruptcy judge approves Voyager's plan to sell its crypto platform to Binance.US for $20M, overruling objections from federal regulators and some states — Voyager Digital Ltd. won court approval to sell its crypto platform to Binance.US for $20 million as part of Voyager's plan to liquidate in bankruptcy.| 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 … | Matt Levine / Bloomberg: |
The deep problem with SPACs is the sponsors' and warrant holders' cuts, paid by the target company or the SPAC shareholders, leading to a bad deal for both — SPAC SPAC SPAC — Simplifying a bit, the way a special purpose acquisition company works is that the sponsor of the SPAC raises … | Nilay Patel / The Verge: |
Cory Doctorow and law professor Rebecca Giblin on their new book, Chokepoint Capitalism, and how tech platforms monetize creators via distribution bottlenecks — It's a book about artists and technology and platforms and how different kinds of distribution and creation tools create chokepoints … | Richard Waters / Financial Times: |
After Chinese researchers claimed to break RSA encryption using quantum computers, experts are skeptical and caution that any commercial benefits are years away — China claims to have made a major breakthrough but western experts say any commercial benefits are still years away| Ingrid Lunden / TechCrunch: |
UK-based Hack the Box, which wants to encourage white hat hackers via gamified training, raised a $55M Series B led by Carlyle and reports having 1.7M users — There's long existed a divide in the world of computer hacking between those who are taking a malicious approach to crack a system … | Ingrid Lunden / TechCrunch: |
Cologne-based DeepL, which offers instant translation-as-a-service to businesses and individuals, raised $100M-$125M led by IVP at a €1B valuation — Artificial intelligence startups, and (thanks to GPT and Open AI) specifically those helping humans communicate with each other … | Wall Street Journal: |
Sources: Netflix restricts some staff's ability to see other employees' salaries, a major shift for a company that has long offered rare pay transparency — Employees at the director level lost ability to view colleagues' pay data late last year — Employers List Wide Salary Ranges in Ways That Sidestep Pay Transparency Law
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