Techmeme
January 23, 2023, 12:55 PM

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 creator of the artificial …
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 slot 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.
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.
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
David Pan / Bloomberg:
Binance says Signature Bank plans to only handle $100,000+ transactions starting on February 1, 2023, as the US bank decreases its exposure to the crypto market  —  Binance, the world's largest cryptocurrency exchange, said Signature Bank will only handle user transactions of more than $100,000 …
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
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.
More: TechCrunch and DeelThanks:@colegarry2
Wall Street Journal:
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.
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.

Sponsor Posts

Okara:
Meet Okara, the AI platform that doesn't train on your data  —  Chat with 30+ open-source models (Llama, Kimi, Qwen, DeepSeek) through encrypted infrastructure.  Used by teams handling proprietary code and strategy.
Soxton:
AI-powered law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
Zoho:
Non-negotiable ATS capabilities for successful healthcare staffing  —  Healthcare staffing operates where speed, accuracy, and compliance are not optional.  Every placement, whether it's a travel nurse, physician …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
Qualcomm CEO Cristiano Amon: Future Of AI Devices, AI Fashion, Blending Reality and Computing
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
The Social Radars:
Christina Cacioppo, Founder & CEO, Vanta
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Invest Like the Best:
Patrick O'Shaughnessy - Creating on Principle
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
The non-technical PM's guide to building with Cursor | Zevi Arnovitz (Meta)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Hard Fork:
Jonathan Haidt Strikes Again + What You Vibecoded + An Update on the Forkiverse
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.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
Special Edition: Key findings from the Microsoft AI Diffusion Report
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.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, January 23, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Cristina Criddle / Financial Times:

Earlier Picks

Janko Roettgers / Lowpass:
Joseph Menn / Washington Post:
Keri Blakinger / The Marshall Project: