| 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.| 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.| 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 … | 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 … | Alex Heath / The Verge: |
Internal memo: Discord CEO Jason Citron says the company is laying off 17% of its staff, or 170 people, after growing its workforce “by 5x since 2020” — Discord is laying off 17 percent of its staff, a move that CEO Jason Citron said is meant to “sharpen our focus and improve … | Bloomberg: |
Sources describe how AI replaced the metaverse as Mark Zuckerberg's top priority, leading Meta to ruthlessly cut jobs and focus on quickly releasing AI products — Meta's founder has become deeply engaged in his company's AI efforts ahead of its 20th anniversary, but his close attention hasn't always proved to be a recipe for success.| 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.| Dina Bass / Bloomberg: |
Google Cloud eliminates fees for customers who leave for a rival service, effective immediately, which may put pressure on Amazon and Microsoft to do the same — Antirust officials have been looking at cloud data-transfer policies — The cost of switching between cloud-computing providers … | Jason Koebler / 404 Media: |
Google formally endorses right to repair and will testify in favor of a law in Oregon, says regulators should ban “parts pairing”, a tactic used by Apple — Google says repair should be easy and “parts pairing” should be illegal. — Google formally endorsed the concept of right … | Matt Burgess / Wired: |
A researcher finds 800GB of data online tied to school software maker Raptor, used by 5,300+ US districts, including evacuation plans and student medical files — More than 4 million school records, including safety procedures, student medical files, and court documents, were also publicly accessible online.| Shubham Sharma / VentureBeat: |
1X, an OpenAI-backed developer of humanoid robots with plans to bring its bipedal robot NEO to the market, raised a $100M Series B from EQT Ventures and others — 1X Technologies, a Norwegian startup robotics startup backed by OpenAI, among others, today announced it has raised $100 million … | 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 … | Alanna Durkin Richer / Associated Press: |
eBay will pay $3M to resolve charges over a harassment campaign by staffers who sent spiders and other disturbing items to those behind the EcommerceBytes blog — Online retailer eBay Inc. will pay a $3 million fine to resolve criminal charges over a harassment campaign waged by employees … | 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.| 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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