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January 18, 2023, 3:00 PM
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| Todd Bishop / GeekWire: |
Memo: Microsoft plans to lay off 10,000 employees through March 31, reducing headcount by less than 5%, and will take a $1.2B charge to facilitate the move — [Editor's Note: Timing of layoffs corrected since original post.] — Citing a need to “align our cost structure with our revenue …
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The Official Microsoft Blog, The Verge, CNBC, Bloomberg, Reuters, New York Times, Bloomberg, Ars Technica, Reuters, SiliconANGLE, Australian Financial Review, Tom's Hardware, Washington Post, Computerworld, Bloomberg, Wall Street Journal, Windows Central, The Hill, New York Post, Mercury News, Billboard, Gizmodo, Neowin, PCWorld, CIO Dive, The Register, CRN, Engadget, Destructoid, Wall Street Journal, Insider, TechCircle, Livemint, The Guardian, TechCrunch, GamesIndustry.biz, Thurrott, CNET, Axios, Pure Xbox, TheGamer, Invezz, BGR India, The Wrap, Financial Times, Deadline, Wall Street Journal, Video Games Chronicle, Variety, MarketWatch, USA Today, PYMNTS.com, ZDNet, DCD, TrueAchievements, Tech.co, WRAL TechWire, GameSpot, The Verge, OnMSFT.com, Tech Monitor, and TechSpot
Mastodon: @GossiTheDog@cyberplace.social. Tweets: @tomwarren, @jasonschreier, @tomwarren, @tomwarren, @stevekovach, @danieltniles, @sivavaid, @jordannovet, @thedomino, @domsplaying, @garywal, @drtcj, @twthereddragon, @film_girl, @brandonstirrup, @hownottodraw, @menlobear, and @bdsams. Thanks:@taylor_soper
| Jon Porter / The Verge: |
Apple announces a second-generation HomePod with a similar design to the original from 2018, Matter support, S7 chip, and more, shipping on February 3 for $299 — It will be sold alongside the HomePod Mini, the smaller version of the speaker introduced in 2020, and features support …
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Apple, Apple on YouTube, MacRumors, 9to5Mac, Wall Street Journal, Gizmodo, Ars Technica, 9to5Mac, TheStreet, MacRumors, Club386, Android Authority, The Ambient, Macworld, AppAdvice, Appleosophy, Barron's Online, XDA Developers, iPhone in Canada Blog, BGR, Michael Tsai, Neowin, CNET, MobileSyrup, Forbes, TechCrunch, Bloomberg, CNBC, AppleInsider, iMore, TechSpot, Wccftech, and Redmond Pie
Mastodon: @viticci@mastodon …, @dcseifert@mastodon.social, and @simonbs@mastodon.social
Tweets: @samifathi_, @mostafanageeb, @tim_cook, @markgurman, @brandonbutch, @mattmoniz, @richontech, @mgsiegler, @345triangle, @charlesarthur, @charlesarthur, @stevemoser, @apollozac, @asymco, @somospostpc, @rsgnl, @stevemoser, @10velociraptors, @samifathi_, @ow, @asymco, @davidphelan2009, @apollozac, @tomwarren, @jamestitcomb, and @neilcybart
| Hartley Charlton / MacRumors: |
Apple enables a temperature and humidity sensor on the HomePod mini and reintroduced HomePod, helping users create automations to do household tasks — The reintroduced HomePod offers a temperature and humidity sensor, but Apple is also enabling the feature on the existing HomePod mini.
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The Verge, 9to5Mac, PCMag, Engadget, MacRumors, Thurrott, Macworld, AppleInsider, Wccftech, iThinkDifferent, TidBITS, MacStories, SlashGear, Pixel Envy, and Six Colors
Tweets: @followhomekit, @andrew_osu, and @rsgnl
| Erin Woo / The Information: |
Source: Twitter engineering manager Siddharth Rao told employees that daily revenue was 40% lower YoY and 500+ of the company's top advertisers paused spending — A senior Twitter manager told employees that the company's daily revenue on Tuesday was 40% lower than the same day a year ago …
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New York Post, Forbes, Observer, Fortune, Search Engine Journal, The Guardian, Pocket Gamer.biz, and Wccftech
Tweets: @zoeschiffer, @erinkwoo, @bgrueskin, @fake_api, and @amir
| Erin Woo / The Information: |
Source: Twitter's Q4 2022 revenue fell ~35% YoY to $1.025B, 72% of its Q4 goal; the company hopes to generate $732M in Q1 2023, which would be down 39% YoY — Twitter's fourth quarter revenue fell about 35% year over year to $1.025 billion, a top ad executive revealed at a staff meeting Wednesday … | 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 …
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The Information, MacRumors, SiliconANGLE, Thurrott, Metaverse Post, UploadVR, Gizmodo, NextPit, Wccftech, SlashGear, KnowTechie, TechRadar, KGOnTech, ZDNet, Insider, Mashable, Metaoak Daily, The Economic Times, T3, Barron's Online, Digital Information World, PC Gamer, Macworld, and Laptop Mag
Tweets: @markgurman, @ericpresidentvr, @benbajarin, @thearperson, @kirkburgess, @neilcybart, and @gartenberg
| Reuters: |
The US Treasury's FinCEN unit labels crypto exchange Bitzlato as a “money laundering concern” related to Russian illicit finance; French police seize Bitzlato — The U.S. Treasury Department's Financial Crimes Enforcement Network on Wednesday said it has identified virtual … | 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 …
More:
Gizmodo and New York Times
Tweets: @amuse, @caitlinlong_, @watcherguru, @unusual_whales, @amitoj, and @caitlinlong_
| 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.”
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SBF's Substack, Reuters, New York Post, MarketWatch, BBC, Wall Street Journal, Forkast, Crypto Adventure, Inside Bitcoins, crypto.news, Coinpedia Fintech News, Coinspeaker, and Crypto Daily
Tweets: @sbf_ftx, @spreekaway, @jconorgrogan, @leomschwartz, @sbf_ftx, @b1ockgreg, @stephanie_murr, @compound248, @leomschwartz, @ftx_official, @sbf_ftx, @0xfungy, @metalawman, @growing_daniel, @kadhim, @fed_speak, @smtuffy, @blakestonks, @cryptogodjohn, @sbf_ftx, @longshorttrader, @smtuffy, @kadhim, @metalawman, @kadhim, @ajammirabilis, @sindap, @jconorgrogan, @compound248, @buccocapital, @sindap, @john_j_brown, @epsilontheory, @joeconsorti, and @ariehkovler
| David Yaffe-Bellany / New York Times: |
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PYMNTS.com, Cointelegraph, Crypto Briefing, and CryptoSlate
Tweets: @metalawman, @qtmoses, @coinbureau, @coinbureau, and @silvermanjacob
| Billy Perrigo / TIME: |
Investigation: starting in November 2021, OpenAI contracted Kenya-based Sama workers to label violent, toxic, and sexual content for ~$2/hour to improve ChatGPT — Content warning: this story contains descriptions of sexual abuse — ChatGPT was hailed as one 2022's most impressive …
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Metaverse Post, Insider, Gizmodo, and VICE
Mastodon: @parismarx@mastodon.online. Tweets: @billyperrigo, @billyperrigo, @timnitgebru, @cori_crider, @timnitgebru, @nkulw, @spcohn, @hare_brain, @neilturkewitz, and @billyperrigo
| Jon Porter / The Verge: |
Samsung Galaxy S23, S23 Plus, and S23 Ultra specs allegedly leak: 6.1-, 6.6-, and 6.8-inch displays, Snapdragon 8 Gen 2, a 200MP sensor for the Ultra, and more — Spec sheets for all three devices in Samsung's upcoming flagship smartphone lineup, the Galaxy S23 series, appear to have leaked online.
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9to5Google, Samsung Newsroom, 9to5Google, Android Police, Droid Life, Laptop Mag, T3, Android Authority, Mashable, Android Headlines, TechRadar, and Android Authority
Tweets: @dohyun854, @_snoopytech_, @billbilkun, @billbilkun, @billbilkun, @_snoopytech_, @dohyun854, @_snoopytech_, @sondesix, @sondesix, @galaxymobile111, and @sondesix
| Bloomberg: |
Amazon begins laying off 18,000+ employees, impacting ~1% of its total workforce and ~6% of its 350,000 corporate staff, mostly in its retail and HR departments — Amazon.com Inc. is set to begin a round of layoffs ultimately affecting more than 18,000 employees in the largest job cull in its history …
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CNBC, Los Angeles Times, Reuters, PYMNTS.com, Thurrott, and Fox Business
| The Block: |
Sources: Genesis creditors are negotiating a bankruptcy plan with the firm and would agree to a forbearance period in exchange for cash payments and DCG equity — - Genesis creditors are negotiating the terms of a possible Chapter 11 filing, according to sources close to the matter.
More:
Bloomberg, Reuters, Cointelegraph, CoinDesk, Cryptonews, Ethereum World News, and CryptoSlate
Tweets: @sgjohnsson, @thestalwart, and @goldtelegraph_
| Jonathan Greig / The Record: |
Oslo-based shipping software maker DNV reports a January 7 ransomware attack, downing its ShipManager system and ~1,000 ships, the latest attack on the industry — About 1,000 vessels have been affected by a ransomware attack against a major software supplier for ships.
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DNV, DNV, gCaptain, TechCrunch, Infosecurity, Bloomberg, and SecurityWeek
| Patrick McGee / Financial Times: |
As Apple shifts away 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?
More:
South China Morning Post, AppleInsider, and 9to5Mac
Tweets: @patrickmcgee_, @patrickmcgee_, @kaiserkuo, @kylearteaga, @patrickmcgee_, @edourdoo, and @patrickmcgee_
| Financial Times: |
Sources: online fast fashion retailer Shein is looking to raise up to $3B from Abu Dhabi's Mubadala, Sequoia, and others at a $64B valuation, vs. its $100B peak — Chinese fast-fashion retailer looking to raise up to $3bn at a vastly reduced valuation in response to tech downturn| Chavi Mehta / Reuters: |
Spotify, Deezer, Proton, and others write to Margrethe Vestager, demanding the European Commission take action against Apple's “unfair practices”, like IAP fees — Music streaming service Spotify Technology (SPOT.N), along with other media firms such as Deezer …
More:
Spotify, The Platform Law Blog, 9to5Mac, Thurrott, The Verge, Patently Apple, Spotify, Appuals.com, and FOSS Patents
Tweets: @chrismessina and @spotifynews
| Wall Street Journal: |
Investigation and documents: 600+ US law enforcement entities have access, without oversight, to a database of 150M+ money transfers in the US and 20+ countries — Law-enforcement agencies across the U.S. have direct access to over 150 million transactions housed at an Arizona nonprofit| Sarah Perez / TechCrunch: |
TikTok expands its “state-controlled media” label to over 40 markets globally, including the US and China, after a pilot in Russia, Ukraine, and Belarus in 2022 — TikTok today announced it's expanding its “state-controlled media” label to over 40 more global markets … | Richard Lawler / The Verge: |
Twitter begins offering an annual Blue subscription for $84 on the web, saving 12.5% compared to a monthly subscription on the web and 36.4% over paying via iOS — Ever since Elon Musk took over Twitter, one of his aims has been to build up its subscription business, launching …
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Reuters, XDA Developers, Android Headlines, MobileSyrup, Engadget, SlashGear, TechCrunch, Fortune, Pocket-lint, and Fossbytes
Tweets: @mattnavarra, @mcwm, @vnchocotaco, and @mattortega
| 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.| Bloomberg: |
Brazil's antitrust watchdog starts a probe into Apple for alleged abuse of a dominant position, following a complaint filed by e-commerce company MercadoLibre — Brazil's antitrust watchdog Cade has started an investigation into Apple Inc for alleged abuse of a dominant position.| Angus Loten / Wall Street Journal: |
Gartner says 2022 global IT spending dropped 0.2% to $4.38T, below an estimated 0.8% rise, and expects 2.4% growth in 2023, weighed down by economic uncertainty — Citing economic uncertainties, Gartner lowers its enterprise tech forecast for 2023 — Companies worldwide made deep cuts …
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The Register, SiliconANGLE, MarTech, Gartner, and The Economic Times
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