January 10, 2023, 10:20 AM

Top News

Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation, taking 75% of OpenAI's profits until the investment is recouped and then owning 49%  —  Microsoft has been in talks to invest $10 billion into the owner of ChatGPT, the wildly popular app that has thrilled casual users …
Benj Edwards / Ars Technica:
Microsoft unveils VALL-E, a text-to-speech AI model trained on 60K hours of English speech that can simulate a person's voice from three seconds of sample audio  —  Text-to-speech model can preserve speaker's emotional tone and acoustic environment.  —  On Thursday, Microsoft researchers announced …
Kate Rooney / CNBC:
Coinbase plans to lay off a further ~950 employees, or ~20% of its workforce, seeking to reduce its operating expenses by 25% QoQ; Coinbase laid off 18% in June  —  - Coinbase is cutting a fifth of its workforce following an 18% staff reduction in June.  — CEO Brian Armstrong pointed …
Olga Kharif / Bloomberg:
Cameron Winklevoss writes to DCG's board, demanding CEO Barry Silbert's removal and alleging he and Genesis publicly lied, after his resolution deadline passed  —  Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert …
Mark Gurman / Bloomberg:
Sources: Apple is working on a combined Wi-Fi and Bluetooth chip to replace Broadcom components by 2025; plans to swap the Qualcomm modem in 2023 have hit snags  —  Apple Inc.'s push to replace the chips inside its devices with homegrown components will include dropping a key Broadcom Inc. part in 2025 …
Sources: former FTX engineering chief Nishad Singh, who has not been accused of wrongdoing, met with US federal prosecutors last week to seek a cooperation deal  —  Former FTX engineering chief Nishad Singh met with federal prosecutors in a bid to become the third member of Sam Bankman-Fried's inner circle …
Javier Paz / Forbes:
A breakdown of Binance's known assets, using data from Nansen and others, estimates the exchange has around $50B, including ~$10B in BNB, down 24% from November  —  The outflow of cash from Binance is worse than the CEO Changpeng Zhao indicated last month, and it's become considerably more severe since then, a Forbes analysis shows.
Kyle Wiggers / TechCrunch:
Microsoft acquires Fungible, which makes data processing units for data centers and has raised over $300M; reports from December say the deal is worth ~$190M  —  In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known …
Adam Conway / XDA Developers:
Washington Post:
A New York University study finds Russian troll Twitter accounts had a minimal impact on 2016 US election voters; 1% of users accounted for 70% of the exposure  —  Welcome to The Cybersecurity 202!  I caught up on some time hanging out with friends this past weekend.  Friends are cool.
Sami Fathi / MacRumors:
Sketchy iOS app “ChatGPT Chat GPT AI With GPT-3”, which is not affiliated with OpenAI, is selling subscriptions and has been a top paid App Store app for days  —  A sketchy app claiming to be the bot ChatGPT has soared up App Store charts, charging users a $7.99 weekly subscription …
Sarah Perez / TechCrunch:
In February, Instagram plans to replace the Shop tab with a Reels button in the app's bottom navigation bar and return the Compose button to the center  —  Instagram announced today it will simplify its in-app navigation after years of confusing changes designed to push various products like Instagram Shop and Reels.
Financial Times:
VaynerMedia: in 2022, buying 1K video ad impressions on TikTok cost around 50% less than Instagram's Reels, ~33% less than Twitter, and 62% less than Snapchat  —  Advertisers and brands say an increasing amount of digital ads spend is moving away from Meta, YouTube and Twitter

Sponsor Posts

Is your CMS solving your content problems, or creating new ones?  —  In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
How Public Tech Companies De-risk Millions in Revenue Loss  —  Complex products and hybrid teams are today's major growth challenges.  With 50-70% of revenue driven by internal teams beyond sales, how is your org adapting?
The ultimate guide to choosing the right rewards and recognition platform  —  According to a Deloitte survey, employee productivity, performance, and engagement are 14% higher in organizations that prioritize employee recognition programs.
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Techmeme Ride Home:
Mon. 03/27 - SVB Finds A New Home
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:20 AM ET, January 10, 2023.

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.

More News

Cecilia Kang / New York Times:
Rachel Syme / New Yorker:
Mitchell Clark / The Verge:

Earlier Picks

Jon Fingas / Engadget:
Aisha Malik / TechCrunch:
Brian Krebs / Krebs on Security: