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February 4, 2023, 11:05 AM
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Top News

Bloomberg:
The LockBit ransomware gang claims ION Trading UK paid a ransom after the group's cyberattack on the software firm upended derivatives trading around the world  —  The hacking group behind the attack on ION Trading UK — the software firm that was struck by a cyberattack earlier this week …
Ryan Gallagher / Bloomberg:
Interviews detail the Conti ransomware group's 2021 attack on Ireland's public health system; Conti seemingly called off the hack without receiving a ransom  —  At first the attack on Ireland's public-health system fell into a depressingly familiar pattern.
Steven Levy / Wired:
A look at T2, a Twitter alternative founded by a former employee of Google's Area 120 to offer a “2007 Twitter” vibe that Musk's platform no longer supplies  —  Cofounder Gabor Cselle says his upstart social network can offer a “2007 Twitter” community vibe that Elon Musk's platform no longer supplies.
Lawrence Abrams / BleepingComputer:
Background check services TruthFinder and Instant Checkmate confirm a data breach after hackers leak a 2019 database allegedly containing the info of 20M users  —  PeopleConnect, the owners of the TruthFinder and Instant Checkmate background check services, confirmed they suffered a data breach …
Diane Bartz / Reuters:
A US judge denies the FTC's bid to stop Meta's acquisition of Within, rejecting the regulator's concerns of the deal reducing competition in the AR/VR market  —  A judge on Friday released a ruling denying the Federal Trade Commission's request to stop Meta Platforms Inc (META.O) …
Nilesh Christopher / Rest of World:
Flipkart-owned Indian fashion retailer Myntra is penalizing users who return items too often; studies: 25% to 40% of clothes sold online in India are returned  —  Across India, e-commerce giants like Myntra and Flipkart are canceling free returns to boost profits.  —  • BENGALURU, INDIA
Kelsey Weekman / BuzzFeed News:
After YouTuber MrBeast made a video about paying for 1,000 blind people's eye surgery, critics raise questions about “stunt philanthropy” and “charity porn”  —  Is it stunt philanthropy or self-funded charity in the YouTube age?  —  A YouTuber just helped treat 1,000 people with blindness and low vision.
New York Times:
Alphabet, Amazon, and other tech firms begin 2023 by championing austerity after facing the worst year on Wall Street in 2022 since the 2008 financial crisis  —  After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a long boom finally ends.
Mike Masnick / Techdirt:
Utah lawmakers are fast tracking two bills that would require social media companies to age verify users, grant parents access to their kids' accounts, and more  —  The evidence-free moral panic over social media keeps getting stupider, and when things get particularly stupid about the internet …
CNBC:
A federal jury in San Francisco finds Elon Musk not liable in a Tesla shareholder suit over 2018 tweets in which he said he was considering taking Tesla private  —  - Tesla CEO Elon Musk was found not liable in a shareholder class-action suit stemming from 2018 tweets in which he said he was considering taking Tesla private.
Mike Masnick / Techdirt:
Twitter cuts off API access to Movetodon, a useful tool for finding and following one's Twitter followers on Mastodon; it's unclear if the tool broke any rule  —  from the trying-to-lock-the-barn-doors dept  —  People keep claiming that Mastodon isn't scaring Elon Musk …
BuzzFeed News:
Twitter ending free API access could have the unfortunate side effect of killing many useful bots, like @MakeItAQuote, @BigTechAlert, @_weather_bot_, and more
Mitchell Clark / The Verge:
Elon Musk says Twitter will start sharing revenue from reply-thread ads with users who pay for Twitter Blue, starting on February 3, but doesn't give details  —  Elon Musk says that Twitter will start sharing revenue from reply-thread ads with creators who are subscribed to Twitter Blue Verified.
Erin Woo / The Information:
Internal messages: Twitter wants to charge brands $1,000 per month to keep their gold verification badges, plus $50 per month for each affiliated account
Kai Nicol-Schwarz / Sifted:
Valencia-based Jeff, which provides a frontend app, data insights, and other tools to manage businesses, raised a $90M Series C, split ~50/50 in equity and debt  —  Profitability is now the number one priority for the company  —  Spanish startup Jeff — which helps entrepreneurs launch …
More: Tech.eu
Forbes:
Q&A with Sam Altman on AI systems replacing search engines, Microsoft's OpenAI investments, how artificial general intelligence may “break capitalism”, and more  —  In a rare interview, OpenAI's CEO talks about AI model ChatGPT, artificial general intelligence and Google Search.
Kevin Roose / New York Times:
Inside ChatGPT's rushed launch, as some OpenAI executives feared rivals upstaging them; Sam Altman worries about a regulatory backlash and inflated expectations

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:05 AM ET, February 4, 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.

From Mediagazer

Matthew Keys / The Desk:
C-SPAN's own business choices keep the network from being offered on streaming TV platforms like YouTube TV, as it stays reliant on cable and satellite funding

Christi Carras / Los Angeles Times:
LAist initiates a voluntary buyout program for staff to avoid layoffs as it faces a “significant budget shortfall” ranging from $4M-$5M in the next two years

Georg Szalai / The Hollywood Reporter:
AMC Networks reports Q1 net revenue fell 17% YoY to $596M, operating income fell 36% YoY to $110M, streaming revenue grew 3% YoY to $145M, and 11.5M subscribers

More News

Earlier Picks

Harmeet Singh Walia / Counterpoint Research:
Global smartphone shipments declined by 12% YoY to 1.2B units in 2022, the lowest since 2013; Apple captured 48% revenue and 85% profit share of the market
Rohan Goswami / CNBC:
Activision Blizzard settles with the SEC for $35M, over claims of violating federal whistleblower protections and not maintaining adequate disclosure standards
Amitoj Singh / CoinDesk:
As the spat between Binance and WazirX escalates, Binance invites the Indian crypto exchange to withdraw its assets held in Binance wallets after February 3
Amazon:
Amazon Q4: revenue up 9% YoY to $149.2B, net income down 98% YoY to $278M, AWS revenue up 20% YoY to $21.4B, and employees down 4% to 1.54M; stock is down 5%+
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