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January 12, 2024, 10:40 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
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.
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.
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:40 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

Matthew Keys / TheDesk.net:
A district court judge in California issues a preliminary injunction blocking Nexstar's acquisition of Tegna while an antitrust lawsuit proceeds

Wendy Davis / MediaPost:
The FTC ends a demand for info from NewsGuard after settling a case against Dentsu, Publicis, and WPP; NewsGuard has sued the FTC over restrictions on Omnicom

Mandy Dalugdug / Music Business Worldwide:
FICCI-EY: India's paid music streaming subscriptions rose 37% YoY to 14.4M in 2025, generating $118.2M in revenue; only ~8% of total music streamers paid for it

More News

Kashmir Hill / New York Times:
The FCC sends letters to nine of the largest automakers, raising concerns about abusive partners using connected car apps to harass and track their victims

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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