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January 11, 2024, 2:00 PM
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Louise Matsakis / Semafor:
Google lays off hundreds of staff working on Assistant and says the restructuring would help improve Assistant as the company explores integrating newer AI tech  —  Google is laying off hundreds of people working on its voice-activated Google Assistant software and eliminating a similar number …
Abner Li / 9to5Google:
Google reorganizes its Devices & Services teams responsible for Pixel, Fitbit, and Nest; Fitbit co-founders James Park and Eric Friedman are leaving Google  —  Google is reorganizing the Devices & Services teams responsible for Pixel, Nest, and Fitbit hardware.
Nico Grant / New York Times:
Sources: several hundred Google engineering employees received notices that their roles were eliminated and lost corporate access; most hardware cuts were in AR  —  The company, which has been working to trim expenses, laid off employees who worked on core engineering, the Google Assistant product and hardware such as the Pixel phone.
Reuters:
The US SEC approves spot bitcoin ETFs from BlackRock, Grayscale, ARK 21Shares, Bitwise, WisdomTree, Fidelity, VanEck, Invesco, Valkyrie, Hashdex, and Franklin  —  The U.S. Securities and Exchange Commission has approved 11 spot bitcoin exchange-traded funds, including those of Grayscale …
More: Cointelegraph, Coinbase, CoinDesk, Grayscale Investments, New York Times, Financial Times, Crypto Daily, PYMNTS.com, CryptoSlate, CoinDesk, BBC, Fortune, Wall Street Journal, Bitcoin Insider, Decrypt, CoinDesk, Reuters, Cointelegraph, Bloomberg, The Block, Bitcoin News, Reuters, The Block, Bitwise Investments, Cointelegraph, CoinDesk, Blockworks, Business Insider, Unchained, Engadget, CyberScoop, Blockworks, Gizmodo, The Daily Hodl, Decrypt, The Defiant, Forkast, Ticker, Nasdaq, BNN Bloomberg, CoinGape, Fortune, Decrypt, The Block, crypto.news, Cryptopolitan, and TechStartups
X: @hesterpeirce, @downtown, @bitwiseinvest, @gopmajoritywhip, @fti_us, @tree_of_alpha, @s_alderoty, @jseyff, @balajis, @stevennerayoff, @senlummis, @grayscale, @defisquared, @bitcoinpierre, @repjohnrose, @johnedeaton1, @dougielarge, @ryansadams, @iampaulgrewal, @demirelo, @econoar, @grayscale, @propelforward, @aubreystrobel, @jbrukh, @pythianism, @tusharjain_, @neerajka, @daveweisberger1, @laurashin, @nategeraci, @3orovik, @shaunmmaguire, @twobitidiot, @punk6529, @gaborgurbacs, @snowden, @campbelljaustin, @mattomattik, @adamscochran, @sherlock_hodles, @tradermercury, @fintechfrank, @fintechfrank, @barrysilbert, @fintechfrank, @collins_belton, @saylor, @janvaneck3, @davidsacks, @hhorsley, @jbsdc, @daancrypto, @tradermayne, @pentosh1, @lsdinmycoffee, @cburniske, @teeznutz11, @tree_of_alpha, @neuralinkdb, @nitwitty, @ericbalchunas, @cgasparino, @jseyff, @nategeraci, and @fintechfrank
Forums: Hacker News and Slashdot
Jesse Hamilton / CoinDesk:
US SEC Chair Gary Gensler concedes that losing in court after rejecting Grayscale's spot bitcoin ETF left the agency with little choice but to approve such ETFs  —  The SEC chair said a court forced his hand and that the agency's decision to greenlight a spot bitcoin ETF doesn't signal support of that or any other digital asset.
Abner Li / 9to5Google:
Google plans to remove 17 “underutilized” Assistant features in February, including controlling audiobooks, media alarms, recipes, messages, events, and more  —  Bard is the future of Assistant.  Ahead of that happening, Google announced today that Assistant features with low usage will be removed in February.
Reuters:
USDC stablecoin issuer Circle confidentially files for a US IPO, without saying the number of shares for sale or a price range; Circle was valued at $9B in 2022  —  Circle Internet Financial, the company behind stablecoin USDC, said on Thursday that it had confidentially filed …
Carly Page / TechCrunch:
Ivanti confirms hackers are exploiting two critical vulnerabilities in its corporate VPN software, but says patches won't be available until the end of January  —  U.S. software giant Ivanti has confirmed that hackers are exploiting two critical-rated vulnerabilities affecting …
Krystal Hu / Reuters:
Ripple Labs, the creator of the XRP cryptocurrency, plans to buy back $285M in shares from early investors and employees, sources say at an $11.3B valuation  —  Cryptocurrency company Ripple Labs, known for its XRP coins, is buying back $285 million worth of shares in the company …
Charisma Madarang / Rolling Stone:
Dudesy, an AI-driven podcast curated by humans, releases an hour-long comedy special featuring an AI-generated recreation of George Carlin, who died in 2008  —  The hour-long special arrived from Dudesy, a podcast run by artificial intelligence … Following the special's release …
Emma Roth / The Verge:
After announcing the $199 R1 “Large Action Model” AI handheld at CES, Rabbit sold 10K units in one day; second batch orders are set to ship in April to May 2024  —  The R1, the pocket-size gadget from Rabbit that's supposed to use your apps for you, has already sold out of its first batch.
Dominic-Madori Davis / TechCrunch:
PitchBook: female-founded US companies raised $44.4B out of $170.59B in VC funding in 2023; companies with all-female founding teams raised ~$3.1B, down 39% YoY  —  Female-founded companies in the U.S. raised $44.4 billion out of the $170.59 billion in venture capital allocated last year.
Naman Ramachandran / Variety:
Netflix removes an Indian film depicting a Hindu character eating meat after backlash from Hindu groups; producer Zee apologizes and plans to edit the film  —  Tamil-language film “Annapoorani: The Goddess of Food,” headlined by “Jawan” actor Nayanthara, has been pulled from Netflix …
Andrew Martin / Bloomberg:
Canada partners with SecurityScorecard to assess the cyber resilience of companies critical to the country's infrastructure and assign them letter grades  —  - Country partnering with SecurityScorecard to assess resilience  — Biden official raised possibility of grades for US companies

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:00 PM ET, January 11, 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

Ted Johnson / Deadline:
ABC is airing direct appeals to its audience for The View and for stations it owns, asking viewers to comment on FCC actions challenging the show and stations

Max Tani / Semafor:
The Atlantic ramps up its video podcasts, doubling its video team from ~10 to ~20, and says its podcast revenue is up 104% YoY and downloads rose ~50% YoY

New York Times:
People Inc., a major food content creator, is ramping up social media video production that emphasizes human-made recipes and testing to stand out from AI slop

More News

Earlier Picks

John Timmer / Ars Technica:
Harvard spinout QuEra, a quantum computing startup, plans to release an error-corrected quantum computer with 10,000 physical and 100 logical qubits by 2026
Maxwell Strachan / VICE:
A survey of 9,388 software engineers in December 2023: ~90% believe getting a job now is harder than pre-pandemic and 60%+ believe AI will lead to less hiring
Bloomberg:
Sources: OpenAI is in talks with CNN and Fox Corp. to license their text, video, and image content; Time “is in discussions with OpenAI” about a content deal
Joe Rossignol / MacRumors:
The US ITC files its opposition to Apple's motion for the Watch Series 9 and Watch Ultra 2 sales ban to remain paused for the duration of the company's appeal
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