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January 23, 2023, 12:45 PM
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memeorandum
WeSmirchTop 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 …
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Spotify, Bloomberg, Engadget, CNN, Silicon Republic, Thurrott, The Guardian, BBC, The Information, AppleInsider, CNET, Reuters, TechCrunch, Livemint, Variety, Associated Press, New York Times, Wall Street Journal, Axios, Barron's Online, Financial Times, USA Today, Insider, SlashGear, Tech.eu, RAIN News, The Verge, TechSpot, Tech Xplore, Bloomberg, WRAL TechWire, City A.M., CNBC, New York Post, Deadline, CNBC, Music Ally, London Evening Standard, Top Startups 2023, The Hollywood Reporter, Slashdot, The Irish Times, and Livemint
| 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 creator of the artificial …
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OpenAI, TechCrunch, BleepingComputer, The Verge, Los Angeles Times, GeekWire, New York Times, Silicon Republic, VentureBeat, Windows Central, DCD, Financial Times, Tom's Hardware, ZDNet, Forbes, CNET, The Hill, Engadget, Data Center Knowledge, The Information, CNN, Insider, Barron's Online, CNBC, Reuters, TheStreet, Associated Press, Thurrott, VentureBeat, Wall Street Journal, Tech Monitor, Neowin, TechCircle, Top Startups 2023, PetaPixel, Livemint, OnMSFT.com, BigTechWire, WRAL TechWire, Semafor, and Axios
| 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.| 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.
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Forbes, Gizmodo, TechCrunch, Macworld, Ars Technica, CNET, TheStreet, Pocket-lint, 9to5Mac, AppleInsider, MacRumors, British GQ, Six Colors, TechRadar, MacDailyNews, PCMag, Cult of Mac, iClarified, Wccftech, MobileSyrup, Tom's Guide, Laptop Mag, BGR, iMore, Brian Tong on YouTube, and Brian Tong on YouTube
Tweets: @greengart, @jonyiveparody, and @devindra
| Ben Bajarin / Creative Strategies: |
Apple's M2 chips appear to have two subtle upgrades, making performance cores more efficient and efficiency cores more performant, helping improve battery life — Many years ago, I used to give a presentation to business school students specifically about the semiconductor industry.
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Macworld and The Eclectic Light Company
Tweets: @benbajarin, @iancutress, @caro_milanesi, and @benbajarin
| AnnaMaria Andriotis / Wall Street Journal: |
Wells Fargo, Bank of America, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, slated for H2 2023 — Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout
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CNET, 9to5Google, Finbold, 9to5Mac, PYMNTS.com, Finextra, AppleInsider, Coinspeaker, Crowdfund Insider, CNBC, and CoinGape
Tweets: @davecbenoit, @aaronwall, @tmfjmo, @arturo_p_a, @annairrera, and @tunguz
| 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 … | Kenrick Cai / Forbes: |
Deel, which offers HR software for hiring a remote global workforce, announces hitting a $295M ARR on January 1 and raising $50M in Q2 2022 at a $12B valuation — Alex Bouaziz, cofounder and CEO of Deel, is armed with metrics that would be enviable to nearly every software startup CEO.| 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
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Gizmodo, TheStreet, New York Post, The Independent, and Bloomberg
Tweets: @jason_kint, @amoneyresists, @jessefferguson, @rollingstone, @goldman, @donmoyn, @rollingstone, @kimmasters, @therickwilson, @jyarow, and @mattnavarra
| Wall Street Journal: |
Sources: activist investor Elliott Management acquired a multibillion-dollar Salesforce stake; a partner says the firm has “a deep respect for Marc Benioff” — Elliott Management makes a multibillion-dollar investment in the business-software provider| Adam Liptak / New York Times: |
SCOTUS asks the Biden administration for its views on the constitutionality of Florida's and Texas' social media laws, likely putting off a decision until 2024 — The laws, enacted by Florida and Texas in response to conservative complaints about censorship, have been challenged under the First Amendment.
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Bloomberg, Washington Post, and Reuters
Tweets: @jameeljaffer, @anupamchander, @stevenmazie, @lawofruby, @joshgerstein, @joshgerstein, @jrhuddles, @lawrencehurley, and @b_fung
| Tripp Mickle / New York Times: |
The recent tech layoffs highlight a generational divide between younger workers experiencing their first economic downturn and older workers who have seen many — The industry's recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.
Tweets: @neilmunrodc, @jamesfallows, @aaron_renn, @rr_edmonds, and @dorocren
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Security update: Retiring weak TLS cipher suites — At Zoho Corp, we are dedicated to maintaining the highest security and compliance standards. As part of our ongoing efforts to enhance security …
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