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January 23, 2023, 7:50 AM
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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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Bloomberg, Spotify, The Verge, Variety, Wall Street Journal, Bloomberg, London Evening Standard, and Livemint
Tweets: @ashleyrcarman, @sarafischer, @lisaabramowicz1, @pkafka, and @lucas_shaw
| 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 … | 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
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The Information, Insider, New York Times, Barron's Online, Bloomberg, SiliconANGLE, Axios, Reuters, and Financial Times
Tweets: @divestech, @stockmktnewz, @economyapp, @briansozzi, @saraheneedleman, @jason, @jessecohn4, @danprimack, @jessecohn4, @laurenthomas, and @martinsfp
| 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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The Independent and Bloomberg
Tweets: @jessefferguson, @donmoyn, @mattnavarra, @jason_kint, @amoneyresists, @rollingstone, @goldman, @rollingstone, @kimmasters, @therickwilson, and @jyarow
| Mark Gurman / Bloomberg: |
Analysis: Apple timed the MacBook Pro, Mac mini, and HomePod launches to boost this quarter's revenue and avoid suffering supply issues in the holiday season — Apple timed the launch of the new MacBook Pro, Mac mini and HomePod to shore up its current quarter's revenue …
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Philip Elmer‑DeWitt, 9to5Mac, 9to5Mac, Tom's Guide, BGR, Digital Trends, Laptop Mag, PCMag, Cult of Mac, BGR, Engadget, The Verge, and MacRumors
Tweets: @samirkhazaka, @markgurman, and @dzierler
| 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.| Jez Corden / Windows Central: |
Microsoft laid off the entire teams behind its virtual reality platform AltspaceVR, which will shut down in March 2023, and its Mixed Reality Tool Kit framework — HoloLens, Virtual Reality, and Mixed Reality are all but dead at Microsoft. — What you need to know
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The Block, Thurrott, AltspaceVR, Tom's Hardware, Android Authority, TechCircle, The Overspill, MSPoweruser, CoinDesk, SiliconANGLE, iMore, PCMag, TheGamer, The Verge, Wccftech, AppleInsider, Engadget, and TechCrunch
Mastodon: @andrew@esq.social, @jank0@sfba.social, and @mpesce@arvr.social
| The Daily Dot: |
CommuteAir removed a 2019 copy of the US No Fly List, after a researcher said they found the list, with 1.5M+ entries and many aliases, on an unsecured server — One of the most sensitive U.S. government documents was left online. — An unsecured server discovered by a security researcher …
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Washington Post, TechRadar, Insider, HackRead, VICE, CNN, PCMag, SiliconANGLE, Kotaku, The Register, TheGamer, Mashable, Slashdot, Schneier on Security, Papers, Please!, CNN, Gizmodo, and Wired
| Cristina Criddle / Financial Times: |
A look at the challenge of moderating livestreams for children and vulnerable users, even if age verification can be improved and privacy concerns addressed — Abby Rayner was 13 when she first watched livestreams on Instagram that demonstrated self-harm techniques and encouraged viewers to participate.
Tweets: @mabsoud, @jimpethokoukis, @aadilbrar, @mr_james_c, and @cristinacriddle
| Karin Matussek / Bloomberg: |
Germany's cartel regulator opens an investigation into PayPal Europe over possibly hindering competition, including merchant rules for other payment services — Germany's antitrust regulator opened an investigation into PayPal Holdings Inc. over potential obstruction of competitors and restriction of price competition
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Reuters
| Alexander Osipovich / Wall Street Journal: |
Genesis Global Capital's bankruptcy marks the end of an era of crypto lenders trying to bring the centuries-old banking model to digital currencies — Risk in crypto-lending sector was poorly managed, subjecting users to heavy losses after epic boom — The late-night bankruptcy filing …
Tweets: @acemaxx, @dr_cswright, and @aosipovich
| Pranav Dixit / BuzzFeed News: |
How artists Kelly McKernan, Karla Ortiz, and Sarah Andersen found each other due to their AI concerns and sued Stable Diffusion, Midjourney, and DeviantArt — “This [tech] effectively destroys an entire career path.” — Last year, Kelly McKernan, a 36-year-old artist from Nashville … Sponsor Posts
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