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February 1, 2023, 11:45 AM
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| Ian King / Bloomberg: |
Intel cuts employee compensation to preserve cash for a turnaround plan, including 25% for CEO Pat Gelsinger, 15% for leadership, and 5% for mid-level managers — 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, Oregonian, CRN, Wall Street Journal, Tom's Hardware, Stratechery, Reuters, WinBuzzer, Barron's Online, TechCircle, CNBC, Financial Times, Fortune, The Register, The Information, Wccftech, Globes Online, and Neowin
Tweets: @dylan522p, @turoczy, @metacriticcap, @bitsandchipseng, @melt_dem, @samro, @rogoway, @rogoway, @smtuffy, @eghosao, @metacriticcap, @realmemes6, @calvinmccarter, @realchrisbrunet, @bluthcapital, @teroterotero, @lbacaj, @carnage4life, @dylan522p, @mothercabrininy, @kchoudhu, @skyjuice60, @rogoway, and @metacriticcap
| David Satin / The Streamable: |
Netflix lists its rules and exemptions to prevent password sharing, including that all devices should be on the same “primary” Wi-Fi at least once every 31 days — After months of warning subscribers that anti-password sharing measures were coming to Netflix, the company appears to be finally set to unleash them.
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Netflix Help Center, gHacks Technology News, TechCrunch, Forbes, Gizmodo, 9to5Mac, Daily Mail, Tech Advisor, T3, Gizchina, Appuals.com, GSMArena.com, Mashable, Wccftech, GamesRadar, Sky News, Shortlist, Pocket-lint, BGR, iThinkDifferent, Softpedia News, Gamereactor UK, and Techdirt
| Ryan Browne / CNBC: |
The UK government lays out plans to regulate crypto, including measures to strengthen rules for lending, disclosures, financial intermediaries, and custodians — - The U.K. laid out plan to regulate the cryptocurrency industry. — The proposals include strengthening rules on crypto lending …
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GOV.UK, CoinDesk, GOV.UK, Finbold, Bloomberg, BBC, Blockworks, Silicon Republic, PYMNTS.com, The Block, The i Paper, Cointelegraph, Decrypt, Financial Times, Coinspeaker, Financial Times, NewsBTC, Engadget, Crypto Daily, CoinJournal, Sky News, and Bitcoinist.com
Tweets: @binance, @cz_binance, @emilyjnicolle, @jamespmcleod, @wallstreetsilv, @collins_belton, @gonbegood, @gonbegood, @gonbegood, @alex_dreyfus, @gonbegood, @katie_martin_fx, @ruskin147, @ryan_browne_, @zsk, @nickdemarco_, @arthur_0x, @ryan_browne_, @frances_coppola, @joetidy, @smtuffy, and @ryan_browne_
| Leah Nylen / Bloomberg: |
Sources: a US judge rejects the FTC's bid for a preliminary injunction to block Meta's Within acquisition, giving the FTC one week to decide whether to appeal — Meta Platforms Inc. won court approval to buy virtual reality startup Within Unlimited, defeating an effort to block the deal …
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The Verge, TechCrunch, Politico, American Economic …, and The Star
| Jennifer Elias / CNBC: |
Sources and documents: Google asks 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.
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The Verge, ZDNet, WinBuzzer, BGR, Neowin, TechCircle, Pocket-lint, Appuals.com, Engadget, Insider, and 9to5Google
| Reed Albergotti / Semafor: |
Sources: Microsoft plans to update Bing with a faster version of OpenAI's ChatGPT, known as GPT-4, in the coming weeks; OpenAI plans to launch a ChatGPT app — Microsoft's second-place search engine Bing is poised to incorporate a faster and richer version of ChatGPT, known as GPT-4 … | Ashley Gold / Axios: |
A report by the White House's NTIA describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation to improve competition and choice — A new Biden administration report describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation …
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National Telecommunications and Information Administration, CNN, Computerworld, The Hill, Engadget, Reuters, 9to5Mac, AppleInsider, Associated Press, Bloomberg, Wall Street Journal, US Department of Commerce, Chamber of Progress, WRAL TechWire, MacDailyNews, Patently Apple, FOSS Patents, NBC News, and USA Today
Tweets: @ntiagov, @delaneyntia, @ntiagov, @adamkovac, @adamkovac, @adamkovac, @progresschamber, @commercegov, and @ntiagov
| Lauren Forristal / TechCrunch: |
Apple launches its MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, playoffs, and more for $14.99/month or $99/year — Today, Apple launched MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, Audi 2023 MLS Cup Playoffs …
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Apple, 9to5Mac, ZDNet, Thurrott, Forbes, AppleInsider, The Sun, Ars Technica, Sportico, MacDailyNews, Cult of Mac, Engadget, MacRumors, The Streamable, Patently Apple, Big D Soccer, Deadline, KnowTechie, mlssoccer, Tom's Guide, iMore, Digital Trends, The Hollywood Reporter, iMore, Apple Must, Pocket-lint, BGR, The Athletic, and mirror
Tweets: @houstondynamo, @chicagofire, and @fcdallas
| Gerry Smith / Bloomberg: |
| Anna Nicolaou / Financial Times: |
Sources: UMG is in talks with Tidal and others to overhaul streaming economics to pay artists more; ideas include a “bonus pool” and “superfan” subscriptions — Group looks into options such as cracking down on bots and adding ‘superfan’ subscriptions
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Billboard. Tweets: @annaknicolaou, @nathanchubbard, @hazard7x, @jherskowitz, @sarabangtan07, @kristelia, @khoya0997, @ohboyrecords, @richlightshed, and @permylastemail7
| Tom Warren / The Verge: |
Nvidia is working to fix a Discord bug that slows the memory clocks on some of its GPUs by up to 200MHz, including the RTX 3080 and RTX 3060 Ti — Discord is slowing down graphics card memory clocks on some Nvidia GPUs. A recent Discord update has introduced a bug that slows down memory clocks …
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Tom's Hardware, PCMag, PCWorld, Club386, HotHardware, nvidia.custhelp.com, KnowTechie, TechRadar, TechPowerUp, KitGuru, and Digital Trends
Tweets: @tomwarren, @lvjycmwyl, @andrewgriesmann, and @fspls
| Todd Spangler / Variety: |
Netflix adds spatial audio to its $20 per month Premium plan, available for over 700 of its most popular titles; Standard and Basic will get limited support — Listen to this: Netflix is hoping audiophiles will upgrade to the $20-per-month Premium tier to gain access to the streamer's full collection … | Nilay Patel / The Verge: |
An interview with Chris Miller, a Tufts professor and author of the book Chip War, on EUV lithography, ASML's role in global chip manufacturing, TSMC, and more — Professor Chris Miller's new book Chip War explains the complicated global politics inside your iPhone.
Tweets: @brianweeden
| Jamie Crawley / CoinDesk: |
Indiana-based blockchain startup SIMBA Chain, which has worked on various US military projects, raised $30M from the US Air Force, after raising $1.5M in 2020 — The USAF has granted SIMBA Chain a $30 million funding increase as part of its aims of “identifying and advancing technologies …
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Business Wire, Cointelegraph, and Blockworks
| Ben Lang / Road to VR: |
Meta's Ready at Dawn studio plans to shutter Echo VR, one of the best-rated and most popular free Quest games, after layoffs, to focus on “our next project” — As a parting gift, players can claim lots of premium cosmetic items for free — The Entire VR Industry in One Little Email
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Echo Games, Game Developer, Android Central, Gameranx, and Fossbytes
| Mike Butcher / TechCrunch: |
Digital fingerprinting startup Addressable, which claims to have matched over 17M anonymous crypto wallets with social media accounts, raised a $7.5M seed — Marketo, which was developed - among other things.- to enhance marketing around social media users, ended up being acquired by Adobe.
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ZyCrypto. Tweets: @adamscochran, @ergobtc, @cryptobran_, @ldrogen, @basedkarbon, @tier10k, and @spreekaway
| Tage Kene-Okafor / TechCrunch: |
Cape Town-based Lulalend, which uses its proprietary credit scoring algorithm to offer short-term loans to SMBs, raised a $35M Series B and launches a neobank — In most African countries, access to credit remains limited for many small businesses, with the reasons ranging from the inability …
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FinSMEs, Finextra, Bloomberg, Ventureburn, Disrupt Africa, TechCabal, and Techpoint Africa
| Bloomberg: |
Western Digital raised $900M from Apollo Global and Elliott, sources say as a precursor to a merger with Japan's Kioxia, as the memory chip industry struggles — Western Digital Corp. is receiving a $900 million investment led by Apollo Global Management Inc., getting financial firepower …
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Silicon Valley Business …, DCD, Western Digital, and Business Wire
| Chainalysis: |
Analysis: 2022 was the biggest year ever for crypto hacking, with $3.8B stolen, primarily from DeFi protocols and by the North Korea-linked Lazarus Group — 2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses.
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Reuters, CryptoPotato, Bloomberg, and NewsBTC
Tweets: @chainalysis, @chainalysis, @chainalysis, and @chainalysis
| Karl Brauer / Forbes: |
Cars & Bids, a car auction site founded by Doug DeMuro, a popular automotive YouTuber who has 4.5M subscribers, raised $37M from The Chernin Group — Doug DeMuro is arguably the most successful automotive YouTuber in the relatively short history of that young medium.| Catherine Thorbecke / CNN: |
A look at Blind, an anonymous professional networking site that has emerged as a lifeline for tech workers seeking information and advice about the mass layoffs — In the week before Microsoft publicly announced plans to cut 10,000 jobs, thousands of workers at the tech giant who were eager … | 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 … | Sohee Kim / Bloomberg: |
As memory prices plunge, SK Hynix reports a ~$1.4B Q4 operating loss, its biggest quarterly operating loss yet, vs. ~$900M est., and a 38% YoY drop in revenue — South Korean chipmaker SK Hynix Inc. reported its biggest quarterly loss on record, due to plunging prices in memory chips as tech demand fell worldwide.
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Nikkei Asia, The Register, SK hynix Newsroom, DCD, Tech Xplore, and ZDNet
Tweets: @samkimasia and @samkimasia
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