Techmeme
January 12, 2023, 3:00 AM

Top News

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 …
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 …
Tom Warren / The Verge:
Microsoft plans to update the Xbox Series X and S consoles to switch to an energy-saving Shutdown mode 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.
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.
Sahil Patel / The Information:
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 …
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 …
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.
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 …
Forbes:
JPMorgan Chase is suing the founder of Frank, a student loan software startup it bought for $175M, for 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.”
Joe Biden / Wall Street Journal:
Miles Kruppa / Wall Street Journal:
CoinDesk:
Bankruptcy hearing: FTX has recovered $5B+, not including $425M held by the Bahamas or “illiquid cryptocurrency tokens”; FTX gave Alameda a $65B 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.
Wall Street Journal:
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 …
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 …
More: TechCrunch

Sponsor Posts

OVHcloud:
Escape Ingress/Egress Fees  —  Experience seamless multi-cloud solutions without ingress/egress constraints.  Optimize costs and pave the way for a sustainable digital future.
Standard Metrics:
Nail Portfolio Reviews, Board Meetings and LP Reporting  —  You didn't hire that Stanford grad to manage spreadsheets.  Automate VC portfolio reporting and free your talented team up to deliver portfolio insights.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
The unsung heroes of IT: Celebrating system administrators  —  Who are the backbone of any organization's IT infrastructure, the enablers of our seamless digital lives, the silent guardians who keep our systems secure, our networks robust, and our data safe?
The Logan Bartlett Show:
EP 110: How Eric Glyman (CEO, Ramp) Runs One of The Fastest Growing Startups
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Thu. 07/25 - Reddit's Throwing Elbows Again
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 3:00 AM ET, January 12, 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

Dan Milmo / The Guardian:

Earlier Picks

Dhruv Mehrotra / Wired:
Reuters: