Microsoft to Spend $1.15 Billion for Xbox Repairs
At this moment, the must-read stories in technology are scattered across hundreds of news sites and blogs. That's far too much for any reader to follow.
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Story selection is accomplished via computer algorithm extended with direct human editorial input. Our human editors are: Lidija Davis, Mahendra Palsule, Andre Garrigo, David Connell, Jarrod Cugley, and occasionally Omer Horvitz and Techmeme founder Gabe Rivera. Launched in 2005, Techmeme remains independent, bootstrapped, and privately held.
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Isabella Simonetti / New York Times:
Research: the rate of US newspaper closures, about two per week, did not change during the pandemic; 360+ US newspapers closed between late 2019 and May 2022
Peter Kafka / Vox:
Netflix faces higher subscription churn rates than in the past, apparently leading to the strategy of releasing shows like Stranger Things and Ozark in chunks
Benjamin Mullin / New York Times:
Substack lays off 13 of its 90 employees as it tries to conserve cash during a funding crunch for startups; source: cuts hit HR, writer support, and other roles
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