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January 2, 2024, 4:50 PM
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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.
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.
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”.
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.
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
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 ...
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.
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  —  Less than 1% of Steam users are on Windows 7, 8, or 8.1, and that figure will soon be even lower.  —  What you need to know
Cory Weinberg / The Information:
Sources: Canva nears a deal to let longtime staff and investors sell $1B+ in stock to new investors at a $26B valuation, about the same as in a 2023 share sale  —  Design software startup Canva is nearing a deal that lets longtime employees and investors at the company sell more than $1 billion …
More: SiliconANGLE

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This is a Techmeme archive page. It shows how the site appeared at 4:50 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

New York Times:
Sources: Sony Pictures and Apollo Global formally express interest in acquiring Paramount for ~$26B; Paramount's negotiating period with Skydance ends May 3

Andrew Marchand / The Athletic:
Sources: MLB is in advanced talks to make Roku the new home for Sunday morning baseball this season, in what would be Roku's first major live rights deal

Lucas Shaw / Bloomberg:
Sources: the NBA is close to signing deals that would pay the league ~$76B over 11 years, including $2.6B and $1.8B a year from Disney and Amazon, respectively

More News

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

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
Keza MacDonald / The Guardian:
A profile of Mario and Zelda creator Shigeru Miyamoto, who joined Nintendo in 1977 and says he has no plans to retire as representative director at the company
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