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January 2, 2024, 5:50 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.
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”.
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 ...
Reuters:
Bitcoin rises above $45K for the first time since April 2022, up 156% in 2023, its best yearly performance since 2020 but far off its $69K peak in November 2021  —  Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started …
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 5:50 PM ET, January 2, 2024.

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From Mediagazer

Daniel Thomas / Financial Times:
How UK tabloids, which once held a powerful grip on the national discourse, are struggling in an era of social media feeds, AI, and influencer-driven content

Max Tani / Semafor:
Mediaite suspends Colby Hall, the writer of One Sheet, which aggregates newsletters about media and adds commentary, pending a probe into recent errors

Ted Johnson / Deadline:
US Senator Cory Booker is holding a hearing Wednesday on the Paramount-WBD merger; so far, Paramount's David Ellison has not accepted an invitation to appear

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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