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January 19, 2023, 6:30 PM
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Anna Nicolaou / Financial Times:
Netflix co-founder Reed Hastings steps down as co-CEO but plans to stay on as executive chair; the company promotes COO Greg Peters to co-CEO with Ted Sarandos  —  Streaming company names new leadership as it looks to reset after ‘tough year’ in 2022  —  Reed Hastings is stepping …
Sarah Whitten / CNBC:
Netflix reports Q4 revenue up 1.9% YoY to $7.85B, $55M net income, down from $607M YoY, 231M paid memberships, adding 7.66M subscribers vs. 4.57M expected  —  - Netflix added 7.66 million paid subscribers during the fourth quarter, more than the 4.57 million Wall Street expected.
Karissa Bell / Engadget:
Twitter quietly updates its developer agreement with a clause banning third-party clients, after claiming the company was “enforcing long-standing API rules”  —  In case there was any doubt about Twitter's intentions in cutting off the developers of third-party apps …
Financial Times:
Sources: Peter Thiel's Founders Fund sold almost all its crypto portfolio by the end of March 2022, before the crypto market crash, generating ~$1.8B in returns  —  Billionaire was early mainstream investor in the digital currency but VC fund no longer has significant exposure
Catherine Larkin / Bloomberg:
SEC filing: T-Mobile says a hacker stole data for ~37M customer accounts, including names and addresses, but no passwords, SSNs, or financial information  —  T-Mobile US Inc. said a hacker obtained data for 37 million customer accounts, though it didn't include payment card information or personal identifying numbers.
Wall Street Journal:
In his first interview, FTX CEO John Ray III says he set up a task force to explore restarting the exchange, saying customers praised its technology, and more  —  In his first public interview since taking over the failed cryptocurrency exchange, John J. Ray III said that he's open to the idea of rebooting operations
New York Times:
Crypto investors say Sam Bankman-Fried often promoted and artificially inflated “Samcoins”, including Solana, Serum, FTT, and Maps, to benefit FTX and Alameda
Sarah Perez / TechCrunch:
Instagram rolls out Quiet Mode, which silences notifications, auto-replies to DMs, and informs friends, and plans to prompt teens to enable the feature at night  —  Instagram announced today it's expanding its selection of time management tools with the launch of a new feature called “Quiet Mode.”
Bill Toulas / BleepingComputer:
PayPal says hackers accessed the sensitive data of ~35K users, including addresses and social security numbers, in a December 2022 credential stuffing attack  —  PayPal is sending out data breach notifications to thousands of users who had their accounts accessed through credential stuffing attacks that exposed some personal data.
Sarah Perez / TechCrunch:
Wikimedia updates Wikipedia's design for the first time in over a decade, improving search, accessibility, the table of contents section, and language switching  —  Wikipedia, one of the world's top 10 most visited websites, and a resource used by billions every month, is getting its first makeover on the desktop in over a decade.
Andy Robinson / Video Games Chronicle:
Sony announces the PlayStation VR2's full launch game lineup, including Tetris Effect and 12 other new titles; PSVR games will not be compatible with PSVR 2  —  13 NEW TITLES HAVE BEEN REVEALED FOR THE HEADSET  —  Sony Interactive Entertainment has confirmed the final PlayStation VR 2 launch line-up …
Wall Street Journal:
CoinDesk retains Lazard investment bankers to help the outlet explore its options, including a partial or full sale, after “numerous” indications of interest  —  Company has ‘received numerous inbound indications of interest,’ CEO Kevin Worth says
The Block:
Sources: Genesis creditors are negotiating a bankruptcy plan with the firm and weighing a one to two-year forbearance period in exchange for cash and DCG equity
Sean Hollister / The Verge:
Google made many mistakes with Stadia but did right by users when shutting down the service, including via full refunds, and other companies should take note  —  Google made a few mistakes with its Stadia cloud gaming service. … Pay attention, rival companies: this is how you shut down a service right.
Chainalysis:
Analysis: ransomware attackers received at least $456.8M in 2022, falling ~40% from $765.6M in 2021 and $765M in 2020, as victims increasingly refuse to pay  —  2022 was an impactful year in the fight against ransomware.  Ransomware attackers extorted at least $456.8 million from victims in 2022 …
Addy Bink / The Hill:
Amazon plans to close AmazonSmile, launched in 2013 to let customers donate 0.5% of eligible items' purchase prices to a charity, on February 20, 2023  —  Amazon will be closing its charity program, AmazonSmile, in the coming weeks in order to “focus its philanthropic giving to programs with greater impact.”
David McCabe / New York Times:
On Friday, SCOTUS may discuss whether to hear two cases challenging social media laws in Texas and Florida and plans to hear two Section 230 cases in February  —  The cases could significantly affect the power and responsibilities of social media platforms.
Ivan Mehta / TechCrunch:
Twitter launches Blue on Android for $11 per month, the same as iOS and $3 more than on the web, a day after launching an $84 annual subscription on the web  —  A day after launching an annual Twitter Blue subscription, the social media company made the paid plan available for purchase for Android users today.
The Verge:
Nvidia GeForce Now Ultimate with RTX 4080 hands-on: impressive input latency, some visuals are hazy, and only six games support 240Hz mode, which works at 1080p  —  For $20 a month, Nvidia will rent you an RTX 4080 gaming PC in the cloud.  It feels phenomenal in some games, but there's still work to be done.

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

More News

Chris Stokel-Walker / Nature:
Journal editors, researchers, and publishers are debating the place of AI tools like ChatGPT in published literature and whether they should be cited as authors
Reuters:
India's Supreme Court declines Google's request to block an antitrust order on Android and its $116M fine, leaving a lower court to make a decision by March 31

Earlier Picks

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
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