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January 31, 2023, 11:45 PM
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WeSmirchTop News
| Casey Newton / Platformer: |
Instagram co-founders Kevin Systrom and Mike Krieger form a venture to explore next-gen social apps; the first is Artifact, a TikTok-like app for news articles — EXCLUSIVE: Meet Artifact, a kind of TikTok for text — Kevin Systrom and Mike Krieger are back.
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Artifact, SiliconANGLE, CNET, TechCrunch, Zero DD, Gizmodo, Engadget, CNN, Social Media Today, iPhone in Canada Blog, BGR, and The Information
Mastodon: @louisgray@mastodon.social. Tweets: @kevin, @nikitabier, @andrewfrompatio, @seyitaylor, @seyitaylor, @rmstein, @abdur, @nikitabier, @chrismessina, @martinsfp, @rebexxxxa, @scottnover, @malcolmmoore, @caseynewton, @drewcoffman, @mcwm, @lmatsakis, @obrien, @j_k9, @sharpshoot, @bryce, @howardlindzon, @amasad, @taylorlorenz, @rich_harris, @levie, @richontech, @melissamdaniels, @joshconstine, @larakate, @jjvincent, @zoeschiffer, @kantrowitz, @jessicalessin, @rafat, @anoushasakoui, and @erinkwoo
| Jason Schreier / Bloomberg: |
A look at Microsoft's prized 343 Industries, the studio behind Halo, after a leadership overhaul, layoffs, and more; sources detail a pivot to Unreal Engine — Microsoft Corp. says it's going to keep making new games in the popular Halo franchise at its prized 343 Industries studio — despite rumors to the contrary.
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The Information, Windows Central, PC Gamer, IGN, Thurrott, GeekWire, Game Rant, Engadget, MobileSyrup, Gamereactor UK, Kotaku, GamingBolt, Gameranx, Appuals.com, Wccftech, Neowin, Destructoid, OnMSFT.com, Pure Xbox, WhatIfGaming, Press Start, Dot Esports, KitGuru, Game Developer, GameSpot, and TheGamer
Tweets: @jasonschreier, @paultassi, @porshapwr, @theactman_yt, @jeremypenter, @jedinabber, @shyway, @artforsaurian, @cyynapse, @vahn16, @zacbowden, and @gamepasscounter
| Ina Fried / Axios: |
OpenAI debuts a free web-based tool to help determine if text was written by a machine, rated as “very unlikely”, “unlikely”, “unclear”, “possible”, or “likely” — - “It has both false positives and false negatives,” …
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OpenAI, CNN, Agence France-Presse, PCWorld, Reuters, Search Engine Land, The Register, NBC News, BuzzFeed News, Associated Press, Voicebot.ai, CNBC, TheStreet, Watcher Guru, Mashable, Top Startups 2023, The Verge, Engadget, Semafor, MakeUseOf, iPhone in Canada Blog, Bloomberg, Search Engine Journal, PCMag, SiliconANGLE, and VICE
Mastodon: @maria@thelife.boats. Tweets: @yoda, @bobbrinker, @rustybrick, @samfbiddle, @jamespmcleod, @econompic, @pkedrosky, @youngbloodjoe, @joannastern, @kantrowitz, and @paulg
| Ashley Capoot / CNBC: |
PayPal plans to lay off ~2,000 employees, or ~7% of its workforce, “over the coming weeks”, as the company addresses the “challenging macroeconomic environment” — - PayPal on Tuesday announced plans to lay off 2,000 employees, or around 7% of its workforce.| Ian King / Bloomberg: |
Intel is cutting 2023 employee compensation to preserve cash for investment, ranging from 5% of the base pay for mid-level managers to 25% for CEO Pat Gelsinger — Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope …
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SemiAnalysis, Reuters, Livemint, Oregonian, Reuters, and Neowin
Tweets: @dylan522p, @rogoway, @carnage4life, @teroterotero, @eghosao, and @dylan522p
| Kif Leswing / CNBC: |
AMD reports Q4 revenue up 16% YoY to $5.6B, vs. $5.5B est., net income down 98% YoY to $21M, and Client segment revenue down 51% YoY due to weak PC chip sales — - AMD reported fourth quarter earnings on Tuesday, beating Wall Street expectations for sales and profit, but guided analysts … | Sylvia Varnham O'Regan / The Information: |
Sources: seeking to boost Reels' quality, Meta executives are leaning toward relaxing the company's long-standing opposition to sharing ad revenue with creators — When Wall Street analysts dial into an earnings call tomorrow with Mark Zuckerberg, they're likely to pepper the Meta Platforms CEO …
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Vogue Business. Tweets: @amir, @sylviavarnham, @kelliliegel, @mattnavarra, @pkafka, @corelampone, and @theinformation
| TJ Denzer / Shacknews: |
EA Q3: revenue up 5% YoY to $1.88B, vs. $2.5B est., net income up 209% YoY to $204M, net bookings down 9% YoY to $2.34B, and lowers FY guidance; stock drops 10% — The game publishing giant reduced its full year revenue expectations by about half a billion dollars in its latest quarter guidance.| The Verge: |
Apple HomePod (second-gen) review: similarly good sound quality, useful sensors, and a responsive Siri, but pricey and the best experience is via a paired set — Apple's second take on the HomePod doesn't stray far from the original, but it's better all around.
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Marques Brownlee on YouTube, MacRumors, Wall Street Journal, Engadget, Forbes, MacRumors, CNET, TechCrunch, Pocket-lint, Dave2D on YouTube, Brian Tong on YouTube, Digital Trends, Tom's Guide, What Hi-Fi?, PCMag, MacDailyNews, iDownloadBlog.com, iPhone in Canada Blog, iJustine on YouTube, Andru Edwards on YouTube, The Irish Times, AppleInsider, AppleInsider, Cult of Mac, and MobileSyrup
Tweets: @chriswelch, @detroitborg, @mkbhd, @cnet, @maxwinebach, @jonyiveparody, @jp2e, and @supersaf
| Jonathan Vanian / CNBC: |
Snap Q4: revenue flat YoY at $1.3B, vs. $1.31B est., DAUs up 17% YoY to 375M, vs. 375.3M est., and a $288M net loss, vs. $23M in net income YoY; stock down 13%+ — - Snap missed on revenue for the fourth quarter but beat on earnings. — Snap had a rough 2022, as a slowing economy led numerous companies …
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PYMNTS.com, Bloomberg, Los Angeles Times, Reuters, Variety, Snap Inc., The Information, Financial Times, Deadline, dot.LA, New York Times, CNN, and The Hollywood Reporter
| Bill Toulas / BleepingComputer: |
Microsoft disabled multiple fraudulent, verified Microsoft Cloud Partner Program accounts for creating malicious OAuth apps used to steal customers' emails — Microsoft has disabled multiple fraudulent, verified Microsoft Partner Network accounts for creating malicious OAuth applications … | Sean Hollister / The Verge: |
Anker admits its Eufy security cameras are not natively E2E encrypted and produced unencrypted video streams for Eufy's web portal, but says the flaws are fixed — / Anker admits its always-encrypted cameras weren't always encrypted — and promises to do better. … First, Anker told us it was impossible.| Matt Binder / Mashable: |
Twitter shuts down CoTweets, an experimental feature that let two users author and publish a tweet in tandem; in a month, CoTweets will show a single author — If you're reading this, it's already too late to post a CoTweet. — Did you use Twitter's fairly new CoTweets feature?
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Twitter Help Center, The Information, XDA Developers, Gizmodo, Engadget, Search Engine Land, and SlashGear
Tweets: @mcsquiddies, @kloogans, @rustybrick, @martinsfp, and @carnage4life
| Jack Schickler / CoinDesk: |
Independent examiner: Celsius misled its investors, sometimes used new customer funds to pay for withdrawals, CEO Alex Mashinsky made false claims, and more — Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
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United States Bankruptcy Court SDNY, Protos, Quartz, Inside Bitcoins, CryptoSlate, Crowdfund Insider, Watcher Guru, Crypto Briefing, Cryptopolitan, CryptoPotato, The Daily Hodl, The Information, Cointelegraph, Financial Times, crypto.news, and Crypto Adventure
Tweets: @kadhim, @ramahluwalia, @kadhim, @camcrews, @kadhim, @emilyjnicolle, @camcrews, @kadhim, @bitfinexed, @kadhim, @celsiusnetwork, @crypt0snews, @satoshiflipper, @celsiansnetwork, @mikealfred, @tphillips, @aftxcreditor, @simondixontwitt, @loomdart, @cryptohunter0x, @camcrews, @eliotwb, @kylesgibson, @silvermanjacob, @simondixontwitt, @shinnosuke1959, @ramahluwalia, @bitfinexed, @mayazi, @bitfinexed, @celsiansnetwork, @tiffanyfong_, @chazzonke, @smtuffy, and @frances_coppola
| Sarah Perez / TechCrunch: |
Spotify has deployed Google's User Choice Billing in 140+ markets globally, to reduce Play Store commissions; how much the company is saving is confidential — In its fourth-quarter earnings, Spotify announced today its User Choice Billing program has now expanded to over 140 markets worldwide … | Anna Nicolaou / Financial Times: |
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Spotify, CNBC, Deadline, Variety, The Verge, Wall Street Journal, MobileSyrup, 9to5Mac, and XDA Developers
Tweets: @eldsjal, @xpangler, @dada_drummer, @spotifynews, @carnage4life, @astaniscia86, @eric_seufert, @mark_mulligan, @lucas_shaw, and @spotifynews
| Jennifer Elias / CNBC: |
Sources and docs: Google is asking employees to test potential ChatGPT competitors, including Apprentice Bard, a chatbot that uses its LaMDA conversational tech — - Google is testing ChatGPT-like products that use its LaMDA technology, according to sources and internal documents acquired by CNBC.| Gerry Smith / Bloomberg: |
Sources: as Apple launches MLS Season Pass, the company is shopping ad packages for up to ~$4M per season, without guaranteeing advertisers viewership numbers — Apple Inc. will launch its new streaming service for Major League Soccer this week with a lot of the traditional practices of TV advertising kicked to the sidelines.| David Satin / The Streamable: |
Peacock has stopped offering its free tier to new subscribers; existing users will continue to have access — Peacock will no longer offer their free tier for new subscribers, The Streamable has confirmed. Instead, new users who attempt to sign up for NBCUniversal's streaming service … | Haomiao Huang / Ars Technica: |
A look at generative AI's history and advances before recent breakthroughs, including Nvidia's CUDA, convolutional neural networks, and Google's transformers — A new class of incredibly powerful AI models has made recent breakthroughs possible. — Progress in AI systems often feels cyclical.
Tweets: @elipariser and @tnatw
| Kim Jaewon / Nikkei Asia: |
Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand — South Korean tech giant's slump expected to continue in first half of this year — SEOUL — Samsung Electronics said Tuesday …
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Samsung Newsroom, ajunews, Ars Technica, HPCwire, The Investor, and Total Telecom
| Reuters: |
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The Korea Herald and Financial Times
Tweets: @mayhem4markets, @realchetblong, @dnystedt, @dnystedt, @skundojjala, @cherykang, @skundojjala, @realchetblong, and @mayhem4markets
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