Techmeme
December 29, 2022, 9:40 PM

Top News

New York Times:
Sources detail Elon Musk's Twitter cost-cutting measures, including closing a data center, reducing training for new staff, and canceling janitorial services  —  Elon Musk has reduced the company to a bare-bones operation, and employees are under a “zero-based budgeting” mandate to justify any spending.
Kate Conger / New York Times:
Chris Vallance / BBC:
After a hacker demanded $200K to delete data on 400M+ Twitter accounts, Ireland's DPC plans to investigate the “security issue”; Twitter hasn't issued a comment  —  A watchdog is to investigate Twitter after a hacker claimed to have private details linked to more than 400 million accounts.
Yang Jie / Wall Street Journal:
Analysts and sources detail improving iPhone output in China despite COVID-19 issues; Foxconn's main Zhengzhou iPhone facility is now operating at ~70% capacity  —  Main Foxconn facility recovers to about 70% of capacity and wait times for iPhone Pro models shorten
Chris Miller / The Atlantic:
Eric Bangeman / Ars Technica:
Amazon starts Prime Air drone deliveries in Lockeford, California, and College Station, Texas, delivering a small number of packages with a maximum 5lbs payload  —  Amazon Prime Air wants to deliver packages within 60 minutes.  —  Amazon has begun delivering orders by drone.
Sam Kessler / CoinDesk:
Sam Kessler / CoinDesk:
Russell Jacobs / Slate:
An obituary for Dark Sky, which changed how people consume weather forecasts but is disparaged by scientists, as Apple plans to kill the iOS app on January 1  —  At the end of this year, Dark Sky—the popular, sleek, sometimes accurate weather app—will go dark, its various components ambiguously incorporated …
Hannah Miller / Bloomberg:
Solana co-founders Anatoly Yakovenko and Raj Gokal scramble to move past FTX's stain on SOL, down 96% from November 2021; FTX and Alameda bought 58M+ SOL tokens  —  Solana, the blockchain network once championed by Sam Bankman-Fried, is drawing immense scrutiny as industry watchers wonder whether …
Cameron Faulkner / The Verge:
New York Governor Kathy Hochul signs the Digital Fair Repair Act, set to take effect on July 1, 2023, with amendments giving OEMs some exceptions and loopholes  —  New York governor Kathy Hochul signed the Digital Fair Repair Act on December 28th, 2022, and the law will go into effect on July 1st …
Debby Wu / Bloomberg:
TSMC begins mass producing 3nm chips, which require ~35% less power than 5nm chips, in Taiwan, following Samsung, and promises to domestically produce 2nm chips  —  Taiwan Semiconductor Manufacturing Co. kicked off mass production of next-generation chips Thursday, ensuring the island remains …
Pratigya Yadav / Business Standard:
An Indian government official says mobile device makers will have to use USB-C as the standard for charging starting in March 2025, following the European Union  —  Deadline follows EU's timeline for uniform charging ports' standards, says civil servant  —  Mobile device companies in India …
Tabby Kinder / Financial Times:
Brokers and investors: Silicon Valley workers are selling tech startup shares in secondary markets, compounding lower valuations amid layoffs and stalled IPOs  —  Workers forced into sales at sharp discounts amid job cuts and stalled IPO market  —  Silicon Valley workers are rushing …

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Washington Post:
Muyao Shen / Bloomberg:

Earlier Picks

CNBC:
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Osato Avan-Nomayo / The Block: