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February 24, 2023, 11:05 AM
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| Tim Hardwick / MacRumors: |
Kuo: Apple plans a cheaper second-gen AR/MR headset with two high-end and low-end models, built by Luxcaseict and Foxconn, respectively, likely coming in 2025 — Apple's cheaper second-generation AR/VR headset will come in two high-end and low-end models, according to Apple industry analyst Ming-Chi Kuo.| Joseph Cox / VICE: |
A reporter says he used an AI-generated replica of a voice to bypass the voice verification system of the UK's Lloyds Bank and accessed an account's information — Banks in the U.S. and Europe tout voice ID as a secure way to log into your account. I proved it's possible to trick such systems with free or cheap AI-generated voices.
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PCWorld, ExtremeTech, KnowTechie, gHacks Technology News, Techlusive, and The Verge
| Bloomberg: |
Source: the DOJ is preparing to file an antitrust lawsuit to block Adobe's $20B Figma acquisition as soon as March; Adobe expects to close the deal in 2023 — The Justice Department is preparing an antitrust lawsuit seeking to block Adobe Inc.'s $20 billion acquisition of startup Figma Inc., people familiar with the matter said.
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Silicon Valley Business …, TechCrunch, The Register, PCMag, Silicon Republic, TechRadar, Reuters, The Information, CNBC, and New York Post
Tweets: @business, @buccocapital, @matthewstoller, @ow, @haydenzadams, @business, @sarthakgh, @pythiar, @ericnewcomer, and @luke_metro
| Jon Porter / The Verge: |
MWC Barcelona, arriving next week, feels more Europe-focused, with expected launches of Chinese phones already available in China and unlikely to come to the US — In less than a week, some of the world's biggest mobile players will be crowded into the Fira de Barcelona convention center … | Bloomberg: |
The US says the focus of its $39B chip making fund, a part of the $52B CHIPS Act, is on strengthening national security, not subsidizing struggling companies — As President Joe Biden's administration prepares to accept requests for $39 billion in funding to jumpstart US production of microchips …
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Tweets: @bruce_katz, @oablanchard, and @martijnrasser
| Stephen Chen / South China Morning Post: |
Chinese military researchers say they are planning a network of 12,992 low Earth orbit satellites, likely to be deployed before Starlink's completion in 2027 — Researchers say China plans to build a huge satellite network in near-Earth orbit to provide internet services to users around the world - and to stifle Elon Musk's Starlink .
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PCMag, CNET, TechSpot, and allAfrica.com
| MacKenzie Sigalos / CNBC: |
Block reports Q4 revenue up 15% YoY to $4.65B, vs. $4.61B est., Square gross profit up 22% YoY to $801M, and Cash App gross profit up 64% YoY to $848M — - Block stock rose slightly in extended trading after the payments company reported fourth-quarter revenue and gross profit that beat Wall Street's expectations.| Brian Fung / CNN: |
Filing: DOJ seeks court sanctions against Google in its antitrust suit, citing Google's policy of deleting certain employee chats automatically after 24 hours — " data-check-event-based-preview= "" data-network-id="" data-details=" Google should face court sanctions over …
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Wall Street Journal, Reuters, Silicon Republic, gHacks Technology News, The Information, Bloomberg Law, WinBuzzer, Bloomberg, Neowin, Engadget, CNBC, MarketWatch, Fast Company, Insider, and Gizmodo
Tweets: @b_fung, @ericgarland, @the_iap, @wendyndavis, @eddielabongchek, @timsweeneyepic, and @emptywheel
| Supantha Mukherjee / Reuters: |
Memo: Ericsson plans to lay off 8,500 of its 105K+ employees, or 8% of its staff; in December, the company said it would cut costs by ~$880M by the end of 2023 — Telecom equipment maker Ericsson (ERICb.ST) will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said.| Mitchell Clark / The Verge: |
Google expands Magic Eraser, which lets users remove parts of a picture, from Pixel devices to Google One subscribers using Google Photos on Android or iOS — Google has announced that the Magic Eraser feature, which tried to automatically remove unwanted parts of a picture and debuted with the Pixel 6 …
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Tweets: @googlephotos, @michaelstectalk, @richontech, and @richontech
| RT Watson / The Block: |
Document: NFT startup Dapper Labs, which raised over $600M, lays off 20% of its staff, after laying off ~134, or ~22% of its workforce, in November 2022 — - Dapper Labs lays off another 20% of staff. — CEO says company is restructuring and has a “strong cash position.”
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| Vauhini Vara / Wired: |
How the founders of the Buy Nothing Project, which grew via Facebook Groups of neighbors exchanging free stuff, built their own app amid member resentment — How an idealistic community for exchanging free stuff tried to break away from Facebook and ended up breaking apart.
Tweets: @longreads, @wired, @chameauleon, and @vauhinivara
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