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January 25, 2024, 10:15 AM
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Top News

Tom Warren / The Verge:
Internal memo: Microsoft plans to lay off ~1,900 staff at Activision Blizzard and Xbox, or ~8% of its Microsoft Gaming workforce, this week  —  Microsoft is laying off around 1,900 employees at Activision Blizzard and Xbox this week.  While Microsoft is primarily laying off roles at Activision Blizzard …
Manish Singh / TechCrunch:
As Palworld hits 8M+ copies sold, The Pokémon Company denies having let “another company” use its IP and plans to “investigate and take appropriate measures”  —  The Pokemon Company said Thursday it has not granted any permission to “another company,” …
Benj Edwards / Ars Technica:
Google Research details Lumiere, an AI video tool that uses unique architecture to create videos in one process, instead of by stitching together smaller parts  —  Lumiere generates five-second videos that “portray realistic, diverse and coherent motion.”  —  On Tuesday, Google announced Lumiere …
Tom Warren / The Verge:
Microsoft launches Mesh, its 3D meeting platform in Teams, out of preview, with custom environments, games, spatial audio, and only supporting Meta Quest for VR  —  Microsoft is launching its immersive 3D meetings inside Microsoft Teams today.  Microsoft Mesh, the company's mixed reality platform …
IDC:
Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; in a first, Apple gained the top spot with a 17.3% share, followed by Honor with 17.1%  —  A shift of power that we saw on the worldwide stage also happened in China, the largest smartphone market globally.
Abner Li / 9to5Google:
Google Pixel users say they are not able to access data stored in internal storage across all apps after installing the January 2024 Google Play system update  —  Following a storage access issue in October with the initial Android 14 release and multiple users, Pixel devices might …
Bloomberg:
Filing: HPE says a group believed to be Russia-linked Midnight Blizzard exfiltrated data from “a small percentage of HPE mailboxes” beginning in May 2023  —  - HPE says it was informed of nation-state breach on Dec. 12  — Same Russia-linked group suspected in recent Microsoft hack
Matt Day / Bloomberg:
Ring is sunsetting a tool that lets police request footage from users via its Neighbors app, forcing law enforcement to obtain warrants or evidence of emergency  —  - Move dials back company's longtime public-safety stance  — Law enforcement will now have to seek warrants for video
Thomas Buckley / Bloomberg:
How the rising prices of streaming services are driving a new era of US pirate sites, bringing ~$2B per year in ads and subscriptions with a 90% profit margin  —  Illegal subscription services that steal films or TV shows bring in $2 billion a year in ads and subscriber fees.
Forums: Slashdot
Joseph Cox / 404 Media:
An investigation details a spy tool called Patternz, which can track billions of phone profiles via ads in hundreds of thousands of apps, including 9gag and Kik  —  Hundreds of thousands of ordinary apps, including popular ones such as 9gag, Kik, and a series of caller ID apps …
Ryan Vlastelica / Bloomberg:
Microsoft briefly reached a $3T market cap for the first time on January 24, becoming the second company to do so after Apple, before closing at a record $2.99T  —  - Software giant is second company to hit level, following Apple  — AI services are seen as a long-term revenue growth tailwind
Ivan Mehta / TechCrunch:
Meta rolls out DM limits on Facebook and Instagram to stop users 16+ from messaging teens who don't follow them, on by default, and expands parental controls  —  Meta announced today that it is rolling out new DM restrictions on both Facebook and Instagram for teens that prevent anyone from messaging teens.
Chris Welch / The Verge:
Google announces a new mint color for the Pixel 8 series, plans to bring Circle to Search to Pixel 8 and 8 Pro, improves the built-in thermometer, and more  —  A “fresh” new color for the Pixel 8 series isn't the only thing Google is announcing today.
Brody Ford / Bloomberg:
Sources: research group China Tech Threat, which has advocated against Lenovo, aligns with the corporate interests of Dell and Micron, both long-term funders  —  China Tech Threat's advocacy aligns with the corporate interests of Dell and Micron, which have supported the group financially, say people familiar with the group.
LinkedIn: Brody Ford
Sareen Habeshian / Axios:
New York City issues a public health advisory officially designating social media as an “environmental toxin”, blaming it for a youth mental health crisis  —  New York City declared Wednesday that it's the first city to issue an advisory officially designating social media as an environmental toxin.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:15 AM ET, January 25, 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

Alex Sherman / CNBC:
Sources: Paramount Global's board is preparing to fire CEO Bob Bakish as soon as Monday, after he lost the trust of controlling shareholder Shari Redstone

Jessica Toonkel / Wall Street Journal:
Sources: Paramount is planning for what happens if no big deal happens, mulling cutting $2B in costs, selling BET and TV stations, starting a streaming JV, more

Ben Smith / Semafor:
Sources: Nicholas Carlson, who has been the global editor-in-chief of Business Insider since 2017, is expected to leave the publication later this summer

More News

Yoolim Lee / Bloomberg:
SK Hynix reports Q4 revenue up 47% YoY to ~$8.4B, beating est., and a ~$295M operating profit, vs. estimates of a ~$127M loss, its first profit in over a year
Sara Merken / Reuters:
Toronto-based Spellbook, which offers an AI-powered contract drafting and review tool for lawyers, raised a $20M Series A led by Inovia Capital
Jordan Novet / CNBC:
IBM reports Q4 revenue up 4% YoY to $17.38B, vs. $17.30B est., software revenue up 3% YoY to $7.51B, and net income of $3.29B, up from $2.71B YoY; IBM jumps 8%+

Earlier Picks

Hugh Son / CNBC:
Klarna launches Klarna Plus, a $7.99 per month plan in the US, offering waived service fees when using its One Time Card, double rewards points, and more
Tom Warren / The Verge:
Nvidia's RTX GPUs can now upgrade SDR video to HDR using AI, supported in both Microsoft Edge and Google Chrome on Windows PCs with HDR enabled
Ash Parrish / The Verge:
Twitch changes the Prime Gaming subscription payout model to a fixed rate, expands the Partner Plus Program, and removes the $100K cap for 70/30 revenue share
Mike Butcher / TechCrunch:
Web Summit CEO Katherine Maher, who was hastily appointed at the end of October 2023 to replace Paddy Cosgrave, plans to step down on March 1 to join NPR as CEO
Richard Nieva / Forbes:
The US National Science Foundation partners with OpenAI, Meta, Nvidia, Microsoft, and others to launch NAIRR, a pilot to expand researchers' access to AI tools
Alexander Martin / The Record:
The UK NCSC's all-source intelligence assessment: ransomware attacks will almost certainly increase in both volume and impact over the next two years due to AI
Ariel Shapiro / The Verge:
Ahead of the EU's DMA, Spotify shares iOS app mockups with full in-app payments, rolling out in part on March 7; Apple hasn't yet shared its changes for the DMA
Jonathan Vanian / CNBC:
eBay plans to cut ~1,000 full-time jobs, or ~9% of its workforce, and scale back the number of contracts within its “alternate workforce” over the coming months
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