Techmeme
January 11, 2023, 9:10 AM

Top News

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.
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:
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 …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Enhancements to Zoho Writer's automation flow designer: New PDF operations, password protection, and more  —  Once we rolled out the automation flow designer in Zoho Writer's merge templates …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
2025 In Review, 2026 Predictions — With Reed Albergotti
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Podcast Pioneer PJ Vogt's Second Act: Less Budget, More Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:10 AM ET, January 11, 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

Reuters:

Earlier Picks

Ivan Mehta / TechCrunch:
Kate Rooney / CNBC: