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January 23, 2023, 7:50 AM
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| 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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Hard Fork:
Australia Kicks Kids Off Social Media + Is the A.I. Water Issue Fake? + Hard Fork Wrapped
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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