Techmeme
January 10, 2024, 8:55 AM

Top News

CoinDesk:
An X post from US SEC Chair Gary Gensler says that the @SECGov's “twitter account was compromised”, and that the agency has not approved spot bitcoin ETFs  —  The X account of the U.S. Securities and Exchange Commission, which is deciding whether to approve bitcoin ETFs, “was compromised,” the regulator told CoinDesk.
CNBC:
X confirms the @SECGov account was compromised and says “the compromise was not due to any breach of X's systems” and that the account didn't have 2FA enabled  —  - X said late Tuesday it has completed a preliminary probe into the compromised account of the U.S. Securities …
Cecilia D'Anastasio / Bloomberg:
Sources: Twitch could cut ~500 employees, or ~35% of its staff, as soon as January 10, after concerns over company losses and several top executives leaving  —  Move is designed to stem losses after two rounds of layoffs last year.  —  Amazon.com Inc.'s livestreaming site Twitch is poised …
Kat Bailey / IGN:
Gene Maddaus / Variety:
SAG-AFTRA signs a deal with AI voiceover company Replica Studios, requiring consent to create voice replicas for use in video games and safe storage of assets  —  The union announced the deal with Replica Studios on Tuesday at CES in Las Vegas.  Duncan Crabtree-Ireland, the union's executive director …
Alex Heath / The Verge:
Source: Humane laid off 10 staff, or 4% of its workforce, to cut costs and plans to lower budgets in 2024, as the company reshuffles some executive positions  —  Humane laid off 4 percent of employees this week in a move that was described as a cost cutting measure to those who were impacted …
Julian Chokkattu / Wired:
Startup Rabbit debuts the R1, a $199 handheld AI device meant to be a virtual assistant to complete tasks without a smartphone, shipping in late March 2024  —  The startup has developed a virtual assistant that learns whatever digital errands you teach it.  The interface is extra cute …
Jordan Novet / CNBC:
HPE plans to acquire networking gear maker Juniper Networks for about $14B, or $40 per share, in an all-cash deal; JNPR jumps 21%+  —  - HPE is acquiring Juniper Networks for about $14 billion in cash, the companies said Tuesday.  — Juniper shares had their best day in 20 years …
Manish Singh / TechCrunch:
Apple pulls Binance, Kraken, Mexc, KuCoin, and four other crypto exchanges from the App Store in India, after they were flagged for operating “illegally”  —  Apple has pulled apps of at least nine crypto exchanges including Binance and Kraken from its App Store in India …
Nelson Aguilar / CNET:
Google and Samsung merge their respective Nearby Share and Quick Share features under the Quick Share name, for a more unified cross-Android sharing experience  —  Apple has AirDrop.  Android now has Quick Share.  —  At CES 2024 today, Google announced Quick Share, a collaboration …
Iain Martin / Forbes:
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021  —  Venture capital fund Target Global managed tens of millions of dollars for Roman Abramovich and helped the now-sanctioned oligarch build …
Adam D'Angelo / Quora:
Quora raised $75M from Andreessen Horowitz and plans to accelerate the growth of Poe and pay bot creators through its creator monetization program  —  We are excited to announce that we have raised $75M from Andreessen Horowitz.  This funding will be used to accelerate the growth of Poe …
Julie Carr Smyth / Associated Press:
A US federal judge temporarily halts the enforcement of a pending Ohio law that would require children to get parental consent to use social media apps  —  A federal judge issued an order Tuesday temporarily halting enforcement of a pending Ohio law that would require children to get parental consent to use social media apps.
Sheila Chiang / CNBC:
Meituan's market cap fell ~60% from ~$138.2B to ~$56.4B since the start of 2023, weighed down by rising competition and a slowdown in its food delivery business  —  - Chinese food delivery giant Meituan lost about $82 billion in market cap in 2023 from its yearly high, according to CNBC calculations.
Bloomberg:
Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time  —  - Saudi Arabia dominates tech scene with 52% share of funding  — Overall regional funding drops 23% amid shifting landscape
Maxwell Zeff / Gizmodo:
Pennsylvania becomes the first US state to use ChatGPT Enterprise in a pilot with OpenAI, in which state employees will use AI tools for daily operations  —  State employees in Pennsylvania will begin using ChatGPT to assist with their work in the coming weeks.

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
The hidden gaps in your sanctions screening process and how to close them  —  This is a guest post by Trademo.A widespread scenario that plays out more often than most businesses realise: a new dealer is onboarded …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Access:
The billionaire paying AI researchers to stay out of Big Tech
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Nick, Dick and Paul Show:
The Race to the Middle
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Great Chat:
After you ring the bell
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
AI Fact or Fiction: The Fable Ban, Tokenmaxxing, Saaspocolypse — With Ara Kharazian
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
'Hard Fork' Live Part 2: Dylan Field on Standing Out in the A.I. Era
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:55 AM ET, January 10, 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.

More News

Jason Koebler / 404 Media:
The Economic Times:

Earlier Picks

Siddharth Cavale / Reuters:
Alex Weprin / The Hollywood Reporter:
Alex Konrad / Forbes:
Carly Page / TechCrunch: