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January 24, 2024, 2:55 AM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple pivots to a less ambitious design for its upcoming EV, from Level 4 autonomy to Level 2+, and pushes back its launch from 2026 to 2028 or later  —  - After board meetings, car downgraded to Level 2+ autonomy  — Company pushes back launch from 2026 to 2028 at the earliest
Jonathan Vanian / CNBC:
eBay plans to cut ~1,000 roles, or ~9% of full-time employees, and to scale back the contracts it has within its alternate workforce over the coming months  —  This is breaking news.  Please check back for updates.  — CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel
Sarah Perez / TechCrunch:
Google announces AI features for Chrome on Mac and Windows: Organize Similar Tabs and custom themes rolling out soon in the US, and Help Me Write in February  —  Google's Chrome web browser is getting an infusion of AI technology in the latest release.  The company announced today it's soon adding …
Emma Roth / The Verge:
Netflix says it's looking to retire its ad-free Basic plan in some countries where ad-supported plans are available, starting with Canada and the UK in Q2  —  Although Netflix no longer allows new or returning members to sign up for the ad-free Basic subscription that costs $11.99 per month …
Sarah Whitten / CNBC:
Netflix Q4: revenue up 12.5% YoY to $8.83B vs. $8.71B est., paid memberships up 12.8% to 260.3M vs. 256M est., net income of $938M, up from $55M; NFLX jumps 8%+
CNBC:
Netflix buys the exclusive rights to WWE programs like Raw, airing in 2025 in the US, Canada, Latin America, and more; filing: the 10-year deal is worth $5B+
Basith Rahman P P / MySmartPrice:
Alleged renders of Google's Pixel 9 Pro show a ~6.5-inch display, smaller than the Pixel 8 Pro's, a refreshed camera island with three cameras, and a flat frame  —  The upcoming Google Pixel 9 Pro might feature a smaller flat display compared to the Pixel 8 Pro.  —  HIGHLIGHTS
Aisha Malik / TechCrunch:
Google unveils a new Gemini-powered chat-based tool in Google Ads to build Search ad campaigns, out in beta to all English language advertisers in the US and UK  —  Google announced today that Gemini, its family of multimodal large language models, now powers the conversational experience within the Google Ads platform.
Sarah Perez / TechCrunch:
X adds support for passkeys for US-based iOS users; the announcement comes shortly after the hack of the US SEC's X account  —  X, formerly Twitter, today announced support for passkeys, a new and more secure login method than traditional passwords, which will become an option for U.S. users on iOS devices.
Sean Hollister / The Verge:
Framework Laptop 16 review: the modular system offers unprecedented customization, is competent at mid-range gaming, but ran hot, froze, and glitched in testing  —  The Framework Laptop 16 is the most ambitious notebook I've ever touched.  There's never been anything like it before.
The Information:
Source: Brex told employees that the fintech is cutting 282 jobs, or ~20% of its staff, saying the team grew “too quickly” and its CTO and COO are stepping down  —  Brex is cutting 20% of its workforce and shaking up senior management ranks in a new effort to slash its cash burn …
Zac Hall / 9to5Mac:
A US federal judge denies NSO Group's motion to dismiss the lawsuit from Apple and orders the Pegasus spyware maker to answer Apple's complaint by February 14  —  Apple has won an early battle against the NSO Group in court today.  Apple sued the Pegasus spyware maker in November 2021 …
Ian King / Bloomberg:
Texas Instruments reports Q4 revenue down 13% YoY to $4.08B, vs. $4.13B est., and FY 2023 sales down ~13% YoY, the company's biggest fall in over a decade  —  - Slowdown in automotive and industrial chips drag down results  — Company's wide product range makes it bellwether for industry
Romain Dillet / TechCrunch:
Berlin-based Kittl, which is developing a browser-based graphic design tool, raised a $36M Series B led by IVP, just a year after raising a $11.6M Series A  —  Just a year after raising $11.6 million, Kittl raised another $36 million in a Series B round led by IVP with some existing investors participating once again.
Bloomberg:
A look at SK Hynix's NAND flash memory chip plant in Dalian, China, which it bought from Intel for $9B in 2020 but is since in limbo because of US-China rivalry  —  Recent concessions still leave murky future for SK Hynix and Samsung plants in China  —  A memory chip plant located halfway between Seoul …
Michael Acton / Financial Times:
Apple's acquisitions, job postings, and academic papers shed light on the company's AI plans; PitchBook; Apple has bought 21 AI startups since the start of 2017  —  Acquisitions, job postings and academic papers suggest tech company is preparing to run AI through its devices

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:55 AM ET, January 24, 2024.

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From Mediagazer

Todd Spangler / Variety:
State attorneys general from Iowa and Montana file a motion with the US Supreme Court to have the antitrust suit against the Paramount-WBD deal thrown out

Reuters:
Puck is in advanced talks for an investment from RedBird Capital; sources: the deal will value Puck at around $250M and give RedBird a significant stake

Elsa Keslassy / Variety:
Pedro Pina, YouTube VP for Europe, Middle East, and Africa, defended YouTube against claims it is fueling British TV's decline during a speech in Edinburgh

More News

TechCrunch:
Data shows African startups raised between $2.9B and $4.1B total in 2023, down from $4.6B to $6.5B in 2022, with Egypt, Kenya, Nigeria, and South Africa leading
Ben Sin / XDA Developers:
A review of the $800+ OnePlus 12, launching on February 6: specs that rival the $1,300+ S24 Ultra's, but no AI features and the curved display feels outdated

Earlier Picks

Sam Kessler / CoinDesk:
A bug in Ethereum's Nethermind client took down ~8% of Ethereum's validators on January 21, raising concerns about Geth, which powers ~85% of ETH validators
Kyle Wiggers / TechCrunch:
MIT CSAIL study: only 23% of US wages for doing vision tasks would be economically attractive to automate with AI, due to large upfront and operating expenses
Ash Parrish / The Verge:
A look at Palworld, a Pokémon-like game launched on January 19, which has sold 5M+ copies and is now the most played game on Steam, amid IP infringement claims
Emma Roth / The Verge:
Apple releases iOS 17.3, which adds a Stolen Device Protection feature, Apple Music collaborative playlists, support for streaming to more hotel TVs, and more
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