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Techmeme
January 2, 2024, 7:25 PM
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Top News

Counterpoint Research:
Global premium smartphone sales likely grew 6% in 2023; Apple had a 71% market share, down from 75% in 2022, Samsung had 17%, and Huawei had 5%, up from 3%  —  - As against the decline projected for the overall global smartphone market this year, the premium (wholesale price ≥$600) market's sales are likely to grow 6% YoY in 2023.
Oliver Knight / CoinDesk:
Orbit Chain, which facilitates cross-blockchain transactions, loses ~$81M after an attack on its cross-chain bridge protocol, reminiscent of Lazarus Group hacks  —  The hacked funds remain “unmoved” according to Orbit Chain.  —  Register Now  —  Orbit Chain, a platform that communicates …
Leo Schwartz / Fortune:
Fidelity and other spot bitcoin ETF issuers jockey for an early advantage to attract investors, as they reportedly may get approval to launch by January 10  —  As the Securities and Exchange Commission appears on the precipice of approving the first wave of Bitcoin ETFs …
Ben Schoon / 9to5Google:
X posts with link previews now display titles or headlines in the bottom left corner of the image, but the text size is small and long headlines get cut off  —  X, the platform better known as Twitter, removed headlines from posts with links a few months ago, but is now bringing them back in a new format.
Ben Schoon / 9to5Google:
Telegram rolls out version 10.5 of its app, offering “totally redesigned” voice and video calls with new animations and backgrounds  —  Telegram is rolling out a new update, version 10.5.0, which delivers a new look and feel for voice and video calls, as well as a revamped delete animation that's now available on Android.
BBC:
After UK regulators approved Microsoft's Activision deal in October 2023, Brad Smith rows back his criticism of the UK, saying the CMA had been “tough and fair”  —  Microsoft's president, Brad Smith, has rowed back on criticism he made last year that the UK was “bad for business”.
Samantha Cole / 404 Media:
Pornhub blocks access in two more states, Montana and North Carolina, in protest of the states' age verification laws  —  As North Carolina and Montana enact new age verification laws effective January 1, residents can't view sites in Pornhub's parent company network.
Ben Lovejoy / 9to5Mac:
A deal by the 38 OECD members that took effect on January 1 says that platforms must report users' earnings made on their services to local tax authorities  —  Apps like eBay and Airbnb will be reporting your earnings to tax authorities, under a new global agreement which took effect yesterday ...
Iyaz Akhtar / PCMag:
Samsung announces that it will hold its next Galaxy Unpacked event on January 17 at 10am PT in San Jose, to showcase new mobile devices and Galaxy AI  —  ‘Galaxy AI is coming,’ reads the tagline, so get ready for Samsung-developed artificial intelligence.
Hartley Charlton / MacRumors:
Apple released no new iPads in 2023, the first year without a new tablet since the iPad's launch in 2010; rumors suggest all iPad models will get a 2024 refresh  —  Apple has broken a tradition it maintained for 12 years, releasing no new iPads in 2023 - the first time that the company …
Bloomberg:
Sources: ASML canceled shipments of some of its machines to China at the US' request, weeks before export bans on the high-end chipmaking equipment took effect  —  - ASML canceled shipments of a liminted number of devices  — Biden is cracking down on Beijing's semiconductor industry
Eric Lipton / New York Times:
Retiring generals and departing top Pentagon officials are increasingly flocking to VC firms that have pumped billions into defense tech startups like Anduril  —  Retired officers and departing defense officials are flocking to investment firms that are pushing the government to provide more money to defense-technology startups.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:25 PM ET, January 2, 2024.

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 Belloni / Puck:
Sources: David Ellison told execs he will move Paramount out of California if AG Rob Bonta doesn't negotiate a settlement of the WBD antitrust case by October 1

Wall Street Journal:
Ari Emanuel's Mari agrees to buy British theater group ATG Entertainment from PE firm Providence, sources say in a deal valuing ATG at ~£4.5B including debt

Reuters:
RTL reports H1 revenue up 4% YoY to €2.9B and raises its FY revenue forecast to between €7.1B and €7.2B, accounting for the June acquisition of Sky Deutschland

More News

Sean Endicott / Windows Central:
Valve ended Steam support for Windows 7, 8, and 8.1 on January 1, saying the app used a now-defunct embedded Chrome version; <1% of Steam users have those OSes

Earlier Picks

Dan Primack / Axios:
Filing: Fidelity marks down its X stake, estimating the company in November 2023 was worth 28.5% of the $44B that Elon Musk paid, down from 33% in May 2023
Michael Acton / Financial Times:
A look at the future of Apple's $85B/year services business, as the company faces key US court cases in 2024 and prepares to allow iOS app sideloading in the EU
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