Techmeme
January 27, 2023, 12:10 AM

Top News

Alexandra Bruell / Wall Street Journal:
Carly Page / TechCrunch:
The FBI, US DOJ, Secret Service, Europol, and others seize ransomware gang Hive's site and decryption keys; the FBI had access to Hive's network since July 2022  —  The infrastructure behind Hive, one of the most prolific ransomware operations, has been seized by law enforcement agencies in the United States and Europe.
Charlie Warzel / The Atlantic:
Donald Trump and Facebook have both decayed since his ban, and despite his unpredictability and tech's recent wild swings, his reinstatement may not matter much  —  This afternoon, Meta announced that it will soon reinstate Donald Trump's account after a two-year suspension from Facebook and Instagram.
Chavi Mehta / Reuters:
Intel reports Q4 revenue down 32% YoY to $14B, vs. $14.46B est., Data Center and AI down 33% YoY, and Q1 2023 revenue guidance below estimates; stock drops 9%+  —  Chipmaker Intel Corp (INTC.O) forecast first-quarter revenue below Wall Street targets on Thursday, slammed by a worsening PC market …
Wall Street Journal:
Sources: Stripe co-founders Patrick and John Collison told staff their goal is to go public or let employees sell shares in private markets within the next year  —  Fintech startup hires Goldman, JPMorgan to advise on direct listing or private-market transaction involving employees' shares
Bloomberg:
Sources describe how Twitter Trust and Safety VP Ella Irwin has become the chief executor of Elon Musk's whims, even when they go against established protocols  —  On a day hundreds of Twitter Inc. employees were debating whether to resign, Ella Irwin showed up with a pep talk.
IDC:
Worldwide smartphone shipments fell 18.3% YoY to 300.3M units in Q4 2022, the largest ever drop in a quarter; Apple fell 14.9%, Samsung 15.6%, and Xiaomi 26.3%  —  Worldwide smartphone shipments declined 18.3% year over year to 300.3 million units in the fourth quarter of 2022 (4Q22) …
Michael Bodley / Blockworks:
Sources: Amazon plans to launch an NFT initiative in April 2023, and has looked at layer-1 blockchains, blockchain-based gaming, and digital asset exchanges  —  Amazon is launching a digital assets enterprise, according to four sources familiar with the matter, who said that an NFT initiative is expected in the spring.
Kyle Wiggers / TechCrunch:
Crowdbotics, a software development platform with a library of prebuilt app architectures, raised a $40M Series B led by NEA, bringing its total funding to $68M  —  Crowdbotics, a software development platform with a library of prebuilt app architectures, today announced that it raised $40 million …
New York Times:
Under increasing pressure in the US, ByteDance and TikTok shift their strategy for dealing with officials by going on the PR offensive and speaking out publicly  —  Keeping its head down has not paid off for the company, which now faces regulatory pressure on many fronts.  So it is starting to speak out.
Lawfare:
Chris Stokel-Walker / Fast Company:
Q&A with DoNotPay founder and CEO Joshua Browder on returning to consumer support after getting “distracted” by big legal cases, ChatGPT, new products, and more  —  When British-American entrepreneur Joshua Browder first launched his legal services chatbot DoNotPay in 2015 …

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Earlier Picks

Michelle Celarier / New York Magazine:
Natasha Singer / New York Times:
Camomile Shumba / CoinDesk:
Miles Kruppa / Wall Street Journal: