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January 12, 2024, 9:30 AM
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Casey Newton / Platformer:
Platformer is leaving Substack and migrating to Ghost, saying it doesn't believe Substack will publicly commit to proactively removing pro-Nazi material  —  After much consideration, we have decided to move Platformer off of Substack.  Over the next few days, the publication will migrate …
Reuters:
LSEG: US bitcoin ETFs saw $4.6B worth of shares traded on January 11, their first day of trading; Grayscale, BlackRock, and Fidelity dominated trading volumes  —  U.S.-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon …
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
Matt Levine / Bloomberg:
A look at SEC's hilariously grudging approval of bitcoin ETFs and the likelihood that they will be “physical” ETFs or interest-paying ETFs in the future
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 …
Ivan Mehta / TechCrunch:
Google plans to allow more real-money games on the Play Store, starting with India, Brazil, and Mexico in June 2024, in compliance with local laws  —  Google announced today that the company plans to support more real-money games (RMG) on the Play Store this year by allowing more types of games in the category following local laws.
Jon Victor / The Information:
Alphabet Union says Wednesday's layoffs at Google impacted more than 1,000 people, making it the largest round of cuts since January 2023  —  A spokesman for a union representing workers at Google's owner, Alphabet, said Wednesday's layoffs at Google impacted more than 1,000 people …
Jordan Novet / CNBC:
Microsoft briefly unseated Apple as the world's most valuable publicly traded company in early trading on Thursday but closed out the day under Apple  —  - Microsoft on Thursday briefly unseated Apple as the world's most valuable publicly traded company in early trading but closed out the day under Apple.
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 …
Tom Coates / plasticbag.org:
Notes on Meta's plans for Threads integration with the fediverse, which, at least superficially, the company is carrying out cautiously and in good faith  —  This is an exceptionally long post detailing pretty much everything I learned at an event shortly before Christmas at Meta's offices in San Francisco.
Juli Clover / MacRumors:
Apple says Al Gore and James Bell will retire from its board this year, and Wanda Austin, ex-president and CEO of The Aerospace Corporation, will join the board  —  Both Al Gore and James Bell are retiring from Apple's board of directors, Apple announced today.
Jessica Mathews / Fortune:
An interview with Garry Tan, who confirms that Y Combinator moved its HQ from Mountain View to SF, saying “you sort of have to be in San Francisco” these days  —  Garry Tan, president, chief executive officer and cofounder of Y Combinator, during an interview on an episode of “The Circuit” at Y Combinator offices.
Leo Schwartz / Fortune:
Genesis agrees to a settlement with the NYDFS, under the terms of which it will surrender its BitLicense, cease operations in New York, and pay an $8M fine  —  The New York Department of Financial Services plans to announce later today a settlement with Genesis Global Trading …
More: CoinGeek
Shirin Ghaffary / Bloomberg:
Q&A with OpenAI COO Brad Lightcap on managing deals with publishers, launching the GPT Store, OpenAI's corporate structure, Sam Altman's departure, and more  —  The AI startup's top dealmaker is trying to convince publishers it will be a better partner than other tech companies they've clashed with over the years.
More: The Decoder

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:30 AM ET, January 12, 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

Karissa Waddick / USA Today:
After Trump said some publications wanted the US to “lose the War”, FCC's Carr threatened broadcasters, saying they can lose their license over war coverage

New York Times:
Sources: Jeff Bezos said “I don't care” after being told that WaPo could lose subs due to Opinion changes; 60K+ canceled their subs in Feb. following layoffs

Lukas I. Alpert / MarketWatch:
How BuzzFeed went from a $1.7B digital-media darling in 2016 to the brink of bankruptcy, as an early investor blames mismanagement following a 2021 SPAC merger

More News

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

Earlier Picks

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
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
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
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
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
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
Abner Li / 9to5Google:
Google plans to remove 17 “underutilized” Assistant features in February, including controlling audiobooks, media alarms, recipes, messages, events, and more
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