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Techmeme
January 12, 2024, 10:15 AM
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Top News

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 …
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
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
Sandali Handagama / CoinDesk:
Some crypto advocates welcome bitcoin ETFs as an inevitable part of going mainstream, while others worry they threaten the original promise of decentralization
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.
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 …
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.
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.
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 …
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.

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This is a Techmeme archive page. It shows how the site appeared at 10:15 AM ET, January 12, 2024.

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From Mediagazer

Wall Street Journal:
Sources: Disney is planning to eliminate as many as 1,000 positions in the coming weeks, many from the company's recently consolidated marketing department

Alex Weprin / The Hollywood Reporter:
AMC Networks rebrands as AMC Global Media, filing new articles of incorporation in Nevada; CEO Kristin Dolan says streaming is its top domestic revenue source

Dade Hayes / Deadline:
Sources: Paramount is unlikely to appoint a direct successor to Jeff Shell after his departure; Shell had few direct reports and did not lead WBD negotiations

More News

Earlier Picks

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
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
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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