Techmeme
January 18, 2023, 6:15 AM

Top News

Rohan Goswami / CNBC:
FTX identifies ~$5.5B in “liquid” assets for recovery, including $415M in “unauthorized third-party transfers” possibly tied to a hack found after its collapse  —  - FTX has identified about $5.5 billion worth of digital assets for recovery, a number that includes $415 million in “hacked crypto.”
CoinDesk:
Analysis: 196 members of the new Congress accepted donations from Sam Bankman-Fried or other FTX senior executives, including Kevin McCarthy and Chuck Schumer  —  The session began with 196 U.S. lawmakers who took direct contributions from Sam Bankman-Fried and other former FTX executives …
David Yaffe-Bellany / New York Times:
US and Bahamian government documents detail which FTX and Alameda executives had discussed the crypto exchange using customer funds before FTX's collapse  —  Documents obtained by The New York Times provide new details about the discussions among FTX's top leaders before the cryptocurrency exchange collapsed in November.
Mark Gurman / Bloomberg:
Sources: Apple indefinitely postpones its lightweight AR glasses due to technical difficulties and is instead planning a lower-cost MR headset for 2024 or 2025  —  Apple Inc. is still planning to unveil its first mixed-reality headset this year, but an even more important follow-up product …
Mark Kleinman / Sky News:
Source: Microsoft is contemplating cutting ~5% of its workforce, or ~11,000 jobs, and could announce the layoffs in the coming days, before company earnings  —  Microsoft is finalising plans to become the latest technology giant to reduce its workforce amid a global economic slowdown, Sky News learns.
Jon Porter / The Verge:
Samsung Galaxy S23, S23 Plus, and S23 Ultra specs allegedly leak, showing 6.1, 6.6, and 6.8-inch screens, Snapdragon 8 Gen 2, the Ultra's 200MP sensor, and more  —  Spec sheets for all three devices in Samsung's upcoming flagship smartphone lineup, the Galaxy S23 series, appear to have leaked online.
Hyunjoo Jin / Reuters:
Tesla's Autopilot software director testified in 2022 that an October 2016 video promoted by Elon Musk was staged, showing self-driving features the cars lacked  —  A 2016 video that Tesla (TSLA.O) used to promote its self-driving technology was staged to show capabilities like stopping …
Joe Rossignol / MacRumors:
Apple announces updated 14-inch and 16-inch MacBook Pros with M2 Pro or M2 Max, Wi-Fi 6E, 8K HDMI, up to 96GB of RAM, and more, starting at $1,999 and $2,499  —  Apple today announced the next-generation 14-inch and 16-inch MacBook Pro models with faster 5nm-based M2 Pro and M2 Max chips …
Hartley Charlton / MacRumors:
Benjamin Mayo / 9to5Mac:
Noam Scheiber / New York Times:
Apple plans to hire a third-party firm to audit its US labor practices, focusing on human rights, after an investor coalition pushed for the assessment  —  The tech giant will assess its compliance with its official human rights policy, according to a federal filing.
Matt Levine / Bloomberg:
By suing Genesis Global Capital and Gemini Trust over Gemini Earn in 2023, the SEC is years late to addressing the crypto lending product marketed as a security  —  Earn  —  Well, of course: … We covered this in 2021, when Coinbase Global Inc.'s similar crypto lending program was shut down by the SEC before it started.
Brian Heater / TechCrunch:
Canalys: global smartphone shipments fell 17% YoY in Q4 2022 and 2022 shipments fell 11% YoY to under 1.2B, the lowest quarterly and annual levels since 2013  —  One of these days I'll have some positive news to share about the global smartphone market.  Today is not that day.
Patrick McGee / Financial Times:
As Apple shifts from China, experts worry India will struggle with iPhone production due to supply chain issues, labor woes, a lack of automation, and more  —  The tech giant increasingly finds itself beholden to America's biggest geopolitical rival.  But is diversification even possible?
Bloomberg:
Tom Warren / The Verge:
Discord acquires Gas, a poll-based app with 1M+ DAUs that is popular among teens for sharing anonymous compliments and positive affirmations with each other  —  Discord has acquired the Gas social app.  The poll-based app has become popular among teens in recent months, allowing friends to share compliments with each other.
Wall Street Journal:
A profile of DCG CEO Barry Silbert, a finance veteran who built a crypto conglomerate and is now fighting to keep DCG's brokerage firm Genesis out of bankruptcy  —  CEO Barry Silbert of Digital Currency Group, a finance veteran who built a crypto conglomerate, now is fighting to keep its brokerage firm out of bankruptcy

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Earlier Picks

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