| Reuters: |
The FAA says normal air traffic is “resuming gradually” across the US after its Notice to Air Missions system failed; FlightAware: 5,400+ flights were delayed — U.S. flights were slowly beginning to resume departures and a ground stop was lifted after the Federal Aviation Administration … | CoinDesk: |
Bankruptcy hearing: FTX has recovered $5B+ so far, excluding $425M held by the Bahamas or “illiquid cryptocurrency tokens”; FTX's Alameda credit line was $65B — The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it's still short of what customers are owed in total.| 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: |
| 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 … | Sarah Perez / TechCrunch: |
Apple launches Business Connect, letting US businesses update and manage information across Maps and other services, something Google Maps has had since 2005 — Apple Maps today is gaining a new tool that will allow the decade-plus-old service to better compete with Google … | 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.| 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 … | Kyle Wiggers / TechCrunch: |
In a Discord post, OpenAI says it's “starting to” consider monetizing ChatGPT, possibly via ChatGPT Professional, polls members on payment preferences, and more — OpenAI this week signaled it'll soon begin charging for ChatGPT, its viral AI-powered chatbot that can write essays, emails, poems and even computer code.| 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| Paul Kunert / The Register: |
IDC: global used and refurbished handset sales rose 11.5% YoY to 282M in 2022, predicted to rise to 413.3M after 10.3% compound annual growth until 2026 — Who needs shiny new blowers when there bills to pay and kids to feed? Answer: fewer and fewer folk| 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 … | Dhruv Mehrotra / Wired: |
US police app SweepWizard, built by ODIN, leaked data, including location and names, on officers, 5,770 suspects, and others due to a simple misconfiguration — SweepWizard, an app that law enforcement used to coordinate raids, left sensitive information about hundreds of police operations publicly accessible.| 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 … | 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| 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| 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 … | 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 … | 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 … | 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| Tom Warren / The Verge: |
Microsoft announces 365 Basic for $1.99 per month, replacing the 100GB OneDrive subscription, rolling out globally on January 30 with ad-free Outlook and more — Microsoft is introducing a new consumer tier to its Microsoft 365 subscription offerings. Priced at just $1.99 per month … | 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| Dan Milmo / The Guardian: |
The Guardian confirms a ransomware attack in December 2022 and that the personal data of UK staff was accessed, possibly via a phishing attempt — Media firm says personal data of UK staff members was accessed in ‘highly sophisticated’ cyber-attack last month| 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 … | Tyler Coates / The Hollywood Reporter: |
Netflix plans to stream the SAG Awards globally starting in 2024, as part of a multi-year deal; the 2023 ceremony will stream on Netflix's YouTube channel — The company will also livestream the 2023 ceremony on its YouTube page ahead of its multi-year partnership with the Screen Actors Guild.
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| Reuters: |
| Steven Church / Bloomberg: |
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