Techmeme
January 12, 2023, 8:10 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 …
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.
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 …
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.
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 …
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.
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 …
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:
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 …
Wall Street Journal:
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 …
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 …

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Earlier Picks

Financial Times:
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