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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 … | 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 … | Bloomberg: |
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 … | Sarah Perez / TechCrunch: |
Amazon plans to launch Buy with Prime for all US-based merchants on January 31, letting them access Prime benefits, expanding on Fulfillment by Amazon merchants — Amazon announced this morning it's expanding its Buy with Prime service to U.S.-based merchants by the end of the month.| Debby Wu / Bloomberg: |
TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below ~$20.8B analyst estimates, its first miss in two years; TSMC stock dropped 27% in 2022 but is up 8% in 2023 — Taiwan Semiconductor Manufacturing Co.'s fourth-quarter sales missed analysts' estimates, signaling the global decline … | 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 … | Frederic Lardinois / TechCrunch: |
Chronosphere, which offers cloud-based observability tools, raised a $115M Series C extension at a $1.6B valuation, after a $200M C at a $1B+ valuation in 2021 — The market for cloud native observability tools remains hot. As with so many new technologies, containerization solved … | Jess Weatherbed / The Verge: |
A UK law mandates new properties in England must be built with gigabit broadband connections; DCMS says gigabit connections are available in 72%+ of households — My years-long battle to get gigabit internet installed may soon be over, thanks to new rules introduced by the UK government … | Adam Conway / XDA Developers: |
Google releases the Extension SDK for developers to bring new features, like the new Photo Picker API that launched with Android 13, to older Android versions — The Extensions SDK is what makes features like Photo Picker possible on older Android versions.| 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.| Cecilia Kang / New York Times: |
Common Sense Media survey of 1,358 US teenagers: 75% report having viewed porn online by 17, including 41% seeing images of nudity or sexual acts during school — Sexually explicit content has become so prevalent online that teenagers are deluged, according to a new report by a nonprofit child advocacy group.| Financial Times: |
Meta contractor Sama plans to cut ~200 staff and close its east African content moderation hub in March 2023; Meta plans to keep 1,500 Sama staff to label data — Staff at Nairobi office were moderating graphic and harmful material — Meta's east African content moderation hub is shutting … | 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| Zack Whittaker / TechCrunch: |
Three years after ending mainstream support for Windows 7, Microsoft ends premium extended security support for the OS and support for Windows 8.1 — Pour one out for Windows 7, the decade-old operating system that today reached the end of the security line.| Hannah Kuchler / Financial Times: |
German drugmaker BioNTech acquires London-based AI startup InstaDeep for up to £562M to help harness machine learning to improve drug discovery — Covid-19 vaccine maker is looking to use machine learning to help discover new treatments — BioNTech has agreed to buy UK artificial intelligence start … | David Shepardson / Reuters: |
New Jersey and Ohio ban TikTok on government-owned and managed devices; New Jersey's governor plans to ban products from 12+ vendors including Huawei and ZTE — New Jersey and Ohio said on Monday they were joining other states in banning use of the popular video app TikTok on government-owned and managed devices.
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| Sami Fathi / MacRumors: |
| Sarah Perez / TechCrunch: |