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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 … | Kate Rooney / CNBC: |
Coinbase plans to lay off a further ~950 employees, or ~20% of its workforce, seeking to reduce its operating expenses by 25% QoQ; Coinbase laid off 18% in June — - Coinbase is cutting a fifth of its workforce following an 18% staff reduction in June. — CEO Brian Armstrong pointed … | Olga Kharif / Bloomberg: |
Cameron Winklevoss writes to DCG's board, demanding CEO Barry Silbert's removal and alleging he and Genesis publicly lied, after his resolution deadline passed — Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert … | Javier Paz / Forbes: |
A breakdown of Binance's known assets, using data from Nansen and others, estimates the exchange has around $50B, including ~$10B in BNB, down 24% from November — 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.| 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.”| 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 … | 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.| 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 … | 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 … | Taylor Hatmaker / TechCrunch: |
Meta adds more limits on targeting users under 18 with ads, including removing the options to target teens users 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 and Facebook … | Adam Conway / XDA Developers: |
Google releases the Extension SDK for developers to bring features, like the Photo Picker API that launched with Android 13 and AdServices APIs, to Android 11+ — The Extensions SDK is what makes features like Photo Picker possible on older Android versions.| 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 … | Debby Wu / Bloomberg: |
TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below estimates of ~$20.8B, its first miss in two years; TSMC's stock fell 27% in 2022 but is up 7% in 2023 — Taiwan Semiconductor Manufacturing Co.'s fourth-quarter sales missed analysts' estimates, signaling the global decline in electronics demand … | Bob Van Voris / Bloomberg: |
A New York judge sentences Nikhil Wahi, a brother of Coinbase PM Ishan Wahi, to 10 months for a scheme to trade on insider info on the timing of new listings — The brother of a former Coinbase Global Inc. product manager was sentenced to 10 months behind bars for his role in a scheme … | Cecilia Kang / New York Times: |
Common Sense Media survey of 1,358 US teenagers: 75% report having viewed porn online by 17, including 41% seeing images of nudity or sexual acts during school — Sexually explicit content has become so prevalent online that teenagers are deluged, according to a new report by a nonprofit child advocacy group.| 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.| Frederic Lardinois / TechCrunch: |
Chronosphere, a “cloud native observability platform”, raised a $115M Series C extension at a $1.6B valuation after a $200M Series C at a $1B+ valuation in 2021 — The market for cloud native observability tools remains hot. As with so many new technologies … | Jess Weatherbed / The Verge: |
The UK now mandates new properties in England must be built with gigabit broadband connections; the DCMS claims gigabit is available in 72%+ of UK households — My years-long battle to get gigabit internet installed may soon be over, thanks to new rules introduced by the UK government …
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This is a Techmeme archive page. It shows how the site appeared at 2:30 PM ET, January 10, 2023.
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| Mark Gurman / Bloomberg: |
| Sarah Perez / TechCrunch: |