| Mark Gurman / Bloomberg: |
Sources: Apple is working on Macs with a touchscreen; the first model may be a MacBook Pro with an OLED display supporting gestures, set to be released in 2025 — Apple Inc. is working on adding touch screens to its Mac computers, a move that would defy long-held company orthodoxy and embrace … | CoinDesk: |
Bankruptcy hearing: FTX has recovered $5B+, not including $425M held by the Bahamas or “illiquid cryptocurrency tokens”; FTX had a $65B Alameda line of credit — The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it's still short of what customers are owed in total.| New York Times: |
Sources: in December, Twitter started considering auctioning off usernames to generate revenue; Elon Musk had said he wants to free up 1.5B inactive usernames — The company has discussed selling some user names through online auctions, people with knowledge of the plans said.| Joe Biden / Wall Street Journal: |
In an op-ed, Joe Biden asks Republicans and Democrats to unite “to pass strong bipartisan legislation to hold Big Tech accountable”, saying the risks are clear — Congress can find common ground on the protection of privacy, competition and American children.| Sarah Perez / TechCrunch: |
Apple launches Apple Business Connect, letting US business owners update and manage their information for Apple Maps, a feature Google Maps has had since 2005 — Apple Maps today is gaining a new tool that will allow the decade-plus-old service to better compete with Google … | Tom Warren / The Verge: |
Memo: Microsoft plans to give US salaried staff unlimited Discretionary Time Off plus 10 corporate holidays, leaves of absence, mental health time off, and more — Microsoft is giving its US employees unlimited time off. The announcement was made in an email to employees from Kathleen Hogan … | Reuters: |
The FAA says US air traffic is “resuming gradually” after its Notice to Air Missions system failed; FlightAware: 7,300+ flights were delayed and 1,100 canceled — U.S. flights were slowly beginning to resume departures and a ground stop was lifted after the Federal Aviation Administration … | Miles Kruppa / Wall Street Journal: |
Alphabet's life sciences unit Verily lays off about 15% of its staff, or more than 200 employees, and discontinues work on several products — Created with sketchtool.| Todd Spangler / Variety: |
Twitter says that the company's investigation found “no evidence” that its users' data sold online was obtained by exploiting vulnerabilities in its systems — Twitter said that after investigating reports that data on upwards of 400 million users was being sold online, it found … | Natasha Mascarenhas / TechCrunch: |
Equity management service Carta cuts 10% of its staff, impacting up to ~200 employees, and sues its former CTO; the company was valued at $7.4B in August 2021 — Carta, an equity management platform that was last privately valued at $7.4 billion, has cut 10% of its staff … | Kyle Wiggers / TechCrunch: |
OpenAI says it's “starting to” think about monetizing ChatGPT, possibly via a ChatGPT Professional version, asks members what price would be too low, and more — OpenAI this week signaled it'll soon begin charging for ChatGPT, its viral AI-powered chatbot that can write essays, emails, poems and even computer code.| Dhruv Mehrotra / Wired: |
SweepWizard, a US police app built by ODIN, leaked data like personal officer info, locations of suspects' homes, raid times, and more due to a misconfiguration — SweepWizard, an app that law enforcement used to coordinate raids, left sensitive information about hundreds of police operations publicly accessible.| Tom Warren / The Verge: |
Microsoft announces 365 Basic for $1.99 per month, replacing the 100GB OneDrive storage option, rolling out globally on January 30 with ad-free Outlook and more — Microsoft is introducing a new consumer tier to its Microsoft 365 subscription offerings. Priced at just $1.99 per month … | Dan Milmo / The Guardian: |
The Guardian confirms the outlet was hit with a ransomware attack in December 2022 and that the personal data of UK staff was accessed, possibly via phishing — Media firm says personal data of UK staff members was accessed in ‘highly sophisticated’ cyber-attack last month| Wall Street Journal: |
Sources: in late 2022, Netflix stopped letting director-level staff see other employees' salaries, a major shift for a company offering rare pay transparency — Employees at the director level lost ability to view colleagues' pay data late last year — Employers List Wide Salary Ranges in Ways That Sidestep Pay Transparency Law| Financial Times: |
Sources: Apple promises investors to disclose details about its App Store removals, including the number of removal requests by country and their legal basis — Activists had raised concerns about how iPhone maker's decision-making process affected freedom of expression| Riley de León / CNBC: |
Supply chain software startup Flexport lays off 20% of its global workforce, or ~640 employees; the company raised $935M at an $8B valuation in February 2022 — - Supply chain software startup Flexport is laying off 20% of its global workforce, or roughly 640 employees, according to a memo from co-CEOs Ryan Petersen and Dave Clark.| Matt Levine / Bloomberg: |
The deep problem with SPACs is the sponsors' 20% cut and the warrant holders' cut, paid by the target company or the SPAC shareholders, a bad deal either way — SPAC SPAC SPAC — Simplifying a bit, the way a special purpose acquisition company works is that the sponsor of the SPAC raises … | Frank Landymore / Futurism: |
CNET has been using AI, which it calls automation technology, to write financial explainer posts under a CNET Money Staff byline, apparently since November 2022 — Next time you're on your favorite news site, you might want to double check the byline to see if it was written by an actual human.| Paul Kunert / The Register: |
IDC says global used and refurbished handset sales rose 11.5% YoY to 282M in 2022 and forecasts a jump to 413.3M in 2026 after a 10.3% compound annual growth — Who needs shiny new blowers when there bills to pay and kids to feed? Answer: fewer and fewer folk| Bloomberg: |
Binance admits to flaws in maintaining its Paxos-issued BUSD stablecoin backing at 1:1; ChainArgos says BUSD was undercollateralized by $1B+ in 2020 and 2021 — Binance Holdings Ltd., the biggest cryptocurrency exchange, acknowledged past flaws in the management of its stablecoin's reserves …
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| Tyler Coates / The Hollywood Reporter: |
| Javier Espinoza / Financial Times: |
| Jai Vijayan / Dark Reading: |
| Mark Gurman / Bloomberg: |