Techmeme
January 23, 2023, 9:43 AM

Top News

Eva Mathews / Reuters:
Spotify plans to lay off ~6% of its workforce, or roughly 600 jobs, says content head Dawn Ostroff will leave, and reorganizes engineering and product groups  —  Music streaming firm Spotify plans to cut 6% of its workforce, the company said on Monday, a move that will add to a glut of layoffs …
Dina Bass / Bloomberg:
OpenAI announces an investment by Microsoft, a source says totalling $10B over years, after 2019 and 2021 investments, to build “safe, useful, and powerful” AI  —  Microsoft Corp. is making a $10 billion investment over several years in OpenAI, the pioneering artificial intelligence research lab behind ChatGPT and DALL-E.
David Pan / Bloomberg:
Binance says Signature Bank will only handle transactions of over $100,000, starting on February 1, as the US bank decreases its exposure to crypto markets  —  Binance, the world's largest cryptocurrency exchange, said Signature Bank will only handle user transactions of more than $100,000 …
Monica Chin / The Verge:
Apple MacBook Pro (16-inch, M2 Max) review: incredible performance and speakers, big battery gains, and gorgeous display, but pricey and limited upgradability  —  Apple's new MacBook Pro 16 with M2 Max has exactly one significant upgrade from the 2021 model: a more powerful chip.
Chris Welch / The Verge:
Apple Mac mini (M2 Pro) review: terrific performance, many ports, Wi-Fi 6E, and Bluetooth 5.3, but no front ports or SD card and a tricky peripherals setup  —  With two processor choices — one for everyday computing, the other for conquering creative work — Apple's littlest Mac has never been more appealing.
AnnaMaria Andriotis / Wall Street Journal:
Wells Fargo, BofA, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, rolling out in H2 2023  —  Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout  —  Big banks are teaming …
Rolling Stone:
Sources: Donald Trump does not want to renew his Truth Social exclusivity contract, expiring in June 2023, and is asking associates for first tweet suggestions  —  The ex-president is planning his first tweets with a few months to go on his Truth Social contract
Wall Street Journal:
Joseph Menn / Washington Post:
Researchers and ex-Twitter staff: physical attacks in the US track with Twitter spikes in some hate speech, notably anti-Semitic and anti-gay slurs and rhetoric  —  SAN FRANCISCO — Earlier this month, the FBI charged a Florida man with making detailed online threats to murder 100 gay people.
Tripp Mickle / New York Times:
The recent tech layoffs highlight a generational divide between younger workers, experiencing their first downturn, and older workers, who have been here before  —  The industry's recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.
Janko Roettgers / Lowpass:
Sources: Samsung is aiming to bring its free TV Plus streaming service to third-party TVs and is approaching rival manufacturers about the idea  —  Move FAST and make money … To grow the audience of its free TV Plus streaming service, Samsung is considering a move that seemed unthinkable …

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More News

Cristina Criddle / Financial Times:

Earlier Picks

Keri Blakinger / The Marshall Project:
Mark Gurman / Bloomberg: