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February 10, 2023, 9:00 AM
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memeorandum
WeSmirchTop News
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Sources: Elon Musk fired a Twitter engineer for suggesting that his engagement numbers are tanking not because of a bug but because his popularity is waning — Inside Twitter 2.0, turmoil leaves employees stretched to the max — For weeks now, Elon Musk has been preoccupied with worries about how many people are seeing his tweets.
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Insider, Bloomberg, Wall Street Journal, The Information, DeadState, Fortune, Social Media Today, Gizmodo, infinite scroll, BGR, SlashGear, and Forbes
Mastodon: @davepell@mastodon.social, @malwaretech@infosec.exchange, @malwaretech@infosec.exchange, and @twone2@journa.host
Tweets: @zoeschiffer, @oneunderscore__, @caseynewton, @donmoyn, @halalcoholism, @jayblackisfunny, @rexchapman, @esqueer_, @kurtwagner8, @heerjeet, @zachbussey, @kt_so_it_goes, @tomcoates, @seankeeleyisme, @superwuster, @jareddipane, @martinsfp, @futureboy, @rvawonk, @caylenb, @robindlaws, @judysquirrels, @tim_maliyil, @anthony, @taylorlorenz, @cwarzel, @bydavidgardner, @danprimack, @harrymccracken, @pt, @acitrano, @karaswisher, @iboudreau, @katienotopoulos, @eddierobson, @acitrano, @andrewflood, @fmanjoo, @oeste, @kyliebytes, @waltmossberg, @jonfavs, @hshaban, @phil_lewis_, @tomgara, @lorakolodny, and @scalzi
| Dina Bass / Bloomberg: |
Sources: Microsoft cuts jobs in its Surface, HoloLens, and Xbox units; heavy cuts to the HoloLens hardware team raise questions about the goggles' third version — Microsoft Corp., implementing the layoff of 10,000 workers announced last month, on Thursday cut jobs in units including Surface devices … | Maria Deutscher / SiliconANGLE: |
Microsoft's GitHub cuts 10% of its staff, or an estimated 300+; GitLab cuts 7%, or an estimated 114; report: GitHub will close offices and shift to remote work — Microsoft Corp.'s GitHub unit and publicly traded rival GitLab Inc. today both announced layoffs, disclosing plans to let go 10% and 7% of their respective workforces.
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Fortune. More:
Windows Central, TechCrunch, Silicon Republic, TechRadar, Coinspeaker, International Business Times, BigTechWire, Transistori, Computerworld, The Economic Times, Neowin, CIO Dive, and San Francisco Business Journal
Tweets: @webology, @maryjofoley, @zmanian, @kyliebytes, @kyliebytes, @kyliebytes, and @kyliebytes
| Sara Fischer / Axios: |
Yahoo plans to lay off 20%+ of its workforce and restructure its ad tech unit, impacting 50%+ of the unit, or 1,600+ people; CEO says the cuts are “strategic” — Yahoo plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech unit, executives told Axios.
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City A.M., BBC, CNBC, Newser, Tech.co, WRAL TechWire, Engadget, CNET, CNN, TechCrunch, Coinspeaker, SlashGear, Wall Street Journal, Tech in Asia, TechCircle, The Information, International Business Times, SiliconANGLE, OnMSFT.com, Fortune, Neowin, Silicon Valley Business …, GSMArena.com, Gizmodo, and Deadline
Tweets: @aripap, @sarafischer, @mjbarash, @dez_blanchfield, @rustybrick, @inafried, @sarafischer, and @jotrader4
| Lawrence Abrams / BleepingComputer: |
Reddit suffered a cyberattack on February 5 during which hackers accessed some documents, code, and business systems; the company says users' passwords are safe — Reddit suffered a cyberattack Sunday evening, allowing hackers to access internal business systems and steal internal documents and source code.| CNBC: |
PayPal says its CEO and president Dan Schulman will retire and leave the company at the end 2023; Schulman, who became CEO in 2015, will stay on PayPal's board — - Schulman became PayPal CEO after the company's split from eBay in 2015. — PayPal said on Thursday that CEO and president Dan Schulman … | Chris Stokel-Walker / Fast Company: |
Former staff say Twitter needs to update its systems to enact changes sought by Elon Musk, but mass layoffs have forced frequent code freezes — Twitter's outage on Wednesday, which saw the site rendered unusable for most users by blocking people from tweeting within the app … | Michael Potuck / 9to5Mac: |
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The i Paper, The Guardian, Fast Company, and PC Gamer
Tweets: @kyliebytes, @twittersupport, @erinkwoo, @carnage4life, @stokel, @mattnavarra, @digiphile, @maxwellfrostfl, and @mjg59
| Michael Wayland / CNBC: |
GM signs a long-term deal with GlobalFoundries to establish exclusive production capacity at the chip maker's New York facility for GM's key auto suppliers — - GM has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of U.S.-produced semiconductor chips, the companies announced Thursday.
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CNN, General Motors Co., Telematics News, Reuters, and TechRepublic
Tweets: @stocktwits, @danielnewmanuv, and @big_dead_bird
| Tom Warren / The Verge: |
Sources: Microsoft is preparing to share its plans for integrating OpenAI's language tech and the Prometheus model in Word, Outlook, other Office apps, in March — Microsoft is getting ready to demonstrate how its new ChatGPT-like AI will transform its Office productivity apps.| Ted Chiang / New Yorker: |
As ChatGPT and other LLMs repackage info into superficial approximations, like lossy compression for images, the web will become a blurrier version of itself — OpenAI's chatbot offers paraphrases, whereas Google offers quotes. Which do we prefer? — In 2013, workers at a German …
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Today in Tabs. Tweets: @jathansadowski, @jjvincent, @jjvincent, @ryanqnorth, @adrianhon, @papapishu, @jathansadowski, @neilturkewitz, @odannyboy, @mdbell79, @henrycooke, @gopalsathe, @simonkirby, @timfinin, @mraginsky, @tonyzador, @gralefrit, @pavelasamsonov, @katyilonka, @brianroemmele, @michaelluo, @thisishannahkim, @craigmod, @meadwriter, and @gwillowwilson
| Bloomberg Law: |
A US jury finds an artist violated Hermès' rights to the Birkin trademark in 2021 by creating and selling MetaBirkin 100 NFTs depicting versions of the handbags — Luxury brand Hermès International SA won its lawsuit against the digital artist behind “MetaBirkin” …
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Reuters, New York Times, Forbes, Bitcoin News, NFT Evening, Observer, CoinDesk, and The Block
Tweets: @hkanji, @crypto, @blaw, @masonrothschild, @tudorsandtms, @davidgura, @lisahelem, @muyaoshen, @caulmemaybe, and @sandy_carter
| Rachael Levy / Reuters: |
The US DOT is investigating Neuralink over the potentially illegal movement of hazardous pathogens, after animal welfare group PCRM wrote to Pete Buttigieg — The U.S. Department of Transportation said on Thursday it is investigating Elon Musk's brain-implant company Neuralink …
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The Verge, Anechoic Room, Appuals.com, Bloomberg, SlashGear, Forbes, and Insider
Tweets: @angie_rasmussen and @ryanwmerkley
| Dean Takahashi / VentureBeat: |
Light Field Lab, which develops 3D holograms that users can speak and interact with without glasses, raised a $50M Series B led by NCSoft — Light Field Lab has raised $50 million to manufacture and commercialize its SolidLight holographic display platform.| Reinhardt Krause / Investor's Business Daily: |
Cloudflare reports Q4 revenue up 42% YoY to $274.7M, vs. $274.1M est., and FY 2023 revenue guidance between $1.33B and $1.34B, vs. $1.31B est.; NET jumps 9%+ — Cloudflare (NET) on Thursday reported fourth-quarter earnings and revenue that edged by Wall Street targets.| Celso Martinho / The Cloudflare Blog: |
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Fastly Blog and The Verge
| Austin Weinstein / Bloomberg: |
Kraken agrees to pay $30M and discontinue its crypto-asset staking products to settle SEC allegations that its staking services broke US securities rules — Kraken will pay $30 million to settle Securities and Exchange Commission allegations that it broke US securities rules …
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U.S. Securities …, CoinDesk, Kraken Blog, CoinDesk, Decrypt, Finbold, Reuters, TechCrunch, Blockchain Association, New York Times, Barron's Online, CNBC, Coinpedia Fintech News, DL News, CryptoPotato, Coinspeaker, Inside Bitcoins, DealStreetAsia, crypto.news, Protos, Web3 is Going Just Great, CryptoSlate, Forkast, Watcher Guru, Bitcoinist.com, CoinGape, CoinGeek, Cryptonews, The Crypto Basic, Cryptopolitan, Cointelegraph, TechCircle, The Daily Hodl, The Block, Trustnodes, San Francisco Business Journal, Bitcoin News, CoinDesk, The Verge, Fortune, Crowdfund Insider, The Information, Blockworks, and Financial Times
Tweets: @garygensler, @hesterpeirce, @eleanorterrett, @brian_armstrong, @saylor, @jespow, @crypto_div, @robustus, @paulvigna, @pt, @cryptomanran, @allyversprille, @davidgura, @justincbram, @eleanorterrett, @yueqi_yang, @mdudas, @haileylennonbtc, @punk6529, @nsapproductions, @adamscochran, @nsapproductions, @silvermanjacob, and @simondixontwitt
| Rohan Goswami / CNBC: |
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U.S. Securities …, CoinDesk, Decrypt, Finextra, Forkast, Crypto Daily, CryptoSlate, Cointelegraph, and Micky
Tweets: @safetyth1rd, @shigeo808, and @licuende
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