| Lucinda Shen / Axios: |
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty — Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.| Tim Reynolds / Associated Press: |
A federal judge terminates FTX's 19-year, $135M naming rights deal with Miami-Dade County's Heat arena, a massive undertaking involving the roof and more — The naming rights deal between FTX and Miami-Dade County was terminated Wednesday by a federal bankruptcy court … | 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 … | Forbes: |
JPMorgan Chase is suing the founder of Frank, a student loan software startup acquired for $175M, over allegedly lying about scale by creating 4M+ fake users — The financial giant is suing the founder of a Mark Rowan-backed startup it acquired, claiming the fintech, Frank, had sold the financial giant on a “lie.”| Tom Warren / The Verge: |
Microsoft plans to update all Xbox Series X and S consoles to an energy-saving Shutdown mode by default and is working on a smarter Sleep mode for active hours — Microsoft is planning to switch Xbox Series X and S owners over to an energy-saving power mode in a bid for sustainability and cost savings.| Bloomberg: |
Bulgarian police say London-based crypto lender Nexo's office in Sofia was raided on Thursday, seeking information on suspected money laundering and tax crimes — Crypto lender Nexo's office in Sofia was raided by Bulgarian police on Thursday as part of an investigation into suspected money laundering and tax crimes.| Ron Miller / TechCrunch: |
Canalys, IDC, and Gartner report global PC shipments fell for the fourth consecutive quarter in Q4 2022, by 28%-29% YoY to 65.3M-67.2M units; Dell fell ~37% YoY — When you look at fourth quarter worldwide PC sales data from Canalys, IDC and Gartner, it's fair to say that the news was not great … | Kali Hays / Insider: |
Sources: Twitter is leaving at least 12 international offices due to closures or not paying rent, including in Hong Kong, Mexico, Ghana, Australia, and India — - Twitter is leaving at least a dozen international offices due to closures or not paying rent. — Hubs in Europe and even Twitter's headquarters in Asia are shuttered.| Nikou Asgari / Financial Times: |
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash — Barry Silbert's conglomerate weighs offloading venture assets to help wholly owned digital asset lender| Joe Rossignol / MacRumors: |
Kuo: mass shipments of second-generation AirPods Max and AirPods with a $99 price target will likely begin in the second half of 2024 or the first half of 2025 — Mass shipments of second-generation AirPods Max and more affordable AirPods will likely begin in the second half of 2024 … | Jacquelyn Melinek / TechCrunch: |
Amazon partners with Ava Labs, which develops the Avalanche blockchain, to support Avalanche's infrastructure and dApp ecosystem through its AWS marketplace — Amazon Web Services (AWS) has partnered with Ava Labs, the company building out layer-1 blockchain Avalanche … | Reuters: |
TSMC reports Q4 revenue up 26.7% YoY to $19.93B and net income up 78% YoY to $9.72B, beating estimates of ~$9.5B, even as the chip industry downturn continues — Taiwanese chipmaker TSMC (2330.TW) reported a forecast-beating 78% rise in quarterly profit on Thursday, as strong sales … | Frank Landymore / Futurism: |
CNET has been using an “AI engine” to write financial explainers under a CNET Money byline since November 2022, reviewed, fact-checked, and edited by a human — 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.| Kenneth Shepard / Kotaku: |
Some creators are protesting YouTube's policy changes to regulate swearing and violence, which demonetize gaming videos and retroactively impact old content — YouTube's policy changes on swearing and violence are being retroactively applied to old gaming content| David Shepardson / Reuters: |
A look at the FAA's struggles to modernize air traffic control, including improving safety notices to pilots and ending use of paper strips to track aircrafts — The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday … | Maria Heeter / The Information: |
Source: Stripe lowers its internal valuation by ~11% to $63B, its third known cut since June 2022, bringing the total reduction to ~40% in the past six months — Stripe has cut the internal value of its shares by about 11%, implying a valuation of $63 billion, according to a person familiar with the matter.| Gary Marcus / The Road to AI We Can Trust: |
Source: OpenAI will get all of the equity back once $92B in profit plus $13B in initial investment are paid to Microsoft and once other investors earn $150B — I don't usually write about business deals, much less about rumors about business deals, but this one has me scratching my head … | 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 … | Rosie Perper / CoinDesk: |
Yuga Labs announces a skill-based game, Dookey Dash, accessed via a free mint for BAYC holders called Sewer Passes, running between January 18 and February 15 — The gamified expansion of its Bored Ape Yacht Club ecosystem involves minting a free Sewer Pass to play a game called Dookey Dash.| Reed Albergotti / Semafor: |
Sources: Coinbase's internal “sentiment” tracker for media coverage showed Sam Bankman-Fried's FTX was consistently viewed more favorably until its collapse — Crypto exchange Coinbase has for years tracked how the company is portrayed in the press and online, and that “sentiment” … | Andrew Romero / 9to5Google: |
A set of allegedly official Samsung Galaxy S23 marketing images leak, showing four colors, a refined design, and more; S23 Ultra's camera is rumored to be 200MP — The Galaxy S23 from Samsung is set to be announced on the first day of February. Even though that's a given … | 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.| Bloomberg: |
A filing details Adobe's $20B Figma acquisition: multiple attempts in 2020 and 2021 before co-founder Dylan Field accepted, interest from Microsoft, and more — Adobe Inc. tried to acquire design firm Figma Inc. for years before co-founder Dylan Field and the startup finally accepted … | New York Times: |
Chinese social media becomes consumed by a debate on “zero Covid” ending, challenging government censors' efforts to control the narrative without overstepping — The Communist Party's efforts to limit discord over its sudden “zero Covid” pivot are being challenged with increasing rancor, including from its own supporters.
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| Gavin Bonshor / AnandTech: |
| Tim Bradshaw / Financial Times: |
| Miles Kruppa / Wall Street Journal: |
| Financial Times: |
| Tom Warren / The Verge: |