Techmeme
January 31, 2023, 5:15 PM

Top 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.
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.
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
Ina Fried / Axios:
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.
Takashi Mochizuki / Bloomberg:
Sources: Sony halves its PlayStation VR2 shipment forecast to ~1M units in Q1 after early preorders disappointed; the headset is slated to launch on February 22  —  Sony Group Corp. reduced projections for the initial launch of its PlayStation VR2 headset dramatically after early pre-orders disappointed …
Anna Nicolaou / Financial Times:
Sharon Goldman / VentureBeat:
Jillian Deutsch / Bloomberg:
A draft EU “fair-share” document proposes making Netflix, Alphabet, and other “large traffic generators” help pay for next-generation internet infrastructure  —  The European Union is weighing a proposal to make technology companies that use the most bandwidth …
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 …
Lauren Feiner / CNBC:
A look at US cases that may set the bounds of free speech online, including Gonzalez v. Google, Twitter v. Taamneh, and a fight over California's kid safety law  —  - The U.S. justice system, including the Supreme Court, will consider cases that will help determine the bounds of free expression on the internet.
Mike Butcher / TechCrunch:
Tech Nation, the UK-sanctioned tech ecosystem builder, plans to shut down on March 31 after 10+ years, due to losing its grant funding to a Barclays-run program  —  After over ten years in operation, Tech Nation, the UK's government-sanctioned ecosystem builder for UK tech startups …
Brian Merchant / Los Angeles Times:
The goal of the Big Tech layoffs is to bring workers to heel and cultivate an insecure workforce, as an official recession hasn't hit the US or its tech sector  —  In Silicon Valley, the new year began as the last one ended — with tens of thousands of tech workers losing their jobs.
Parmy Olson / Bloomberg:
The European Commission plans to require that country regulators report six times a year on GDPR investigations and more, after a complaint by rights group ICCL  —  It's well established that the European Union has some of the strictest privacy laws in the world, threatening fines of up to 4% of a company's annual turnover.
Reuters:

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