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January 18, 2023, 5:05 PM
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| Todd Bishop / GeekWire: |
Memo: Microsoft plans to lay off 10,000 employees through March 31, reducing its headcount by less than 5%, and take a $1.2B charge tied to severance and more — [Editor's Note: Timing of layoffs corrected since original post.] — Citing a need to “align our cost structure with our revenue …
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The Official Microsoft Blog, Bloomberg, Bloomberg, Bloomberg, CNBC, Tom's Hardware, The Verge, Kotaku, New York Times, Reuters, Insider, Reuters, Windows Central, Reuters, Bloomberg, Seattle Business Journal, Video Games Chronicle, Wall Street Journal, SiliconANGLE, Ars Technica, Australian Financial Review, Observer, Associated Press, City A.M., Gizmodo, CNBC, Computerworld, PC Gamer, Daring Fireball, Neowin, Axios, Wall Street Journal, New York Post, The Hill, CIO Dive, Mercury News, TheGamer, TechCrunch, ZDNet, Variety, DCD, Engadget, PCWorld, Video Games Chronicle, TrueAchievements, Tech.co, USA Today, CNET, WRAL TechWire, GamesIndustry.biz, Thurrott, GameSpot, The Verge, OnMSFT.com, Tech Monitor, TechSpot, The Wrap, Deadline, and CRN
Mastodon: @GossiTheDog@cyberplace.social. Tweets: @tomwarren, @jasonschreier, @garywal, @tomwarren, @sivavaid, @jordannovet, @thedomino, @domsplaying, @drtcj, @twthereddragon, @film_girl, @brandonstirrup, @hownottodraw, @menlobear, @danieltniles, @bdsams, @stockmktnewz, and @kyweise. Thanks:@taylor_soper
| Jon Porter / The Verge: |
Apple announces a second-generation HomePod with a similar design to the original from 2018, Matter support, S7 chip, and more, shipping on February 3 for $299 — It will be sold alongside the HomePod Mini, the smaller version of the speaker introduced in 2020, and features support …
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Apple, Apple on YouTube, Gizmodo, 9to5Mac, MacRumors, 9to5Mac, TechCrunch, Wall Street Journal, AppleInsider, MacRumors, Ars Technica, TheStreet, MacStories, Club386, MakeUseOf, MobileSyrup, iPhone Hacks, Android Authority, Macworld, The Ambient, Neowin, XDA Developers, iMore, AppAdvice, TechSpot, iPhone in Canada Blog, CNET, AppleInsider, CNBC, TechCrunch, Wccftech, Redmond Pie, Patently Apple, Forbes, and Appleosophy
Mastodon: @viticci@mastodon …, @dcseifert@mastodon.social, @simonbs@mastodon.social, @ianfogg@mastodon.social, and @snazzyq@mas.to
Tweets: @samifathi_, @vladsavov, @tim_cook, @markgurman, @brandonbutch, @mattmoniz, @richontech, @mgsiegler, @345triangle, @charlesarthur, @charlesarthur, @stevemoser, @apollozac, @asymco, @somospostpc, @mostafanageeb, @rsgnl, @stevemoser, @10velociraptors, @samifathi_, @ow, @asymco, @davidphelan2009, @apollozac, @tomwarren, @jamestitcomb, and @neilcybart
| Hartley Charlton / MacRumors: |
Apple enables a temperature and humidity sensor in the HomePod mini and second-generation HomePod, helping users create automations to execute household tasks — The reintroduced HomePod offers a temperature and humidity sensor, but Apple is also enabling the feature on the existing HomePod mini.
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TechRadar, The Verge, MacRumors, 9to5Mac, PCMag, Engadget, Wccftech, Cult of Mac, AppleInsider, iThinkDifferent, TidBITS, Macworld, Pixel Envy, Thurrott, SlashGear, and Six Colors
Tweets: @followhomekit, @andrew_osu, and @rsgnl
| Erin Woo / The Information: |
Source: Twitter engineering manager Siddharth Rao told employees that daily revenue was 40% lower YoY and 500+ of the company's top advertisers paused spending — A senior Twitter manager told employees that the company's daily revenue on Tuesday was 40% lower than the same day a year ago …
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Barron's Online, New York Post, City A.M., Social Media Today, The Guardian, Observer, Search Engine Journal, Fortune, Wccftech, and WinBuzzer
Tweets: @zoeschiffer, @erinkwoo, @bgrueskin, @fake_api, @amir, and @carnage4life
| Erin Woo / The Information: |
Source: Twitter's Q4 2022 revenue fell ~35% YoY to $1.025B, 72% of its Q4 goal; the company hopes to generate $732M in Q1 2023, which would be down 39% YoY — Twitter's fourth quarter revenue fell about 35% year over year to $1.025 billion, a top ad executive revealed at a staff meeting Wednesday … | Reuters: |
The US Treasury's FinCEN unit labels crypto exchange Bitzlato as a “money laundering concern” related to Russian illicit finance; French police seize Bitzlato — The U.S. Treasury Department's Financial Crimes Enforcement Network on Wednesday said it has identified virtual … | Billy Perrigo / TIME: |
Investigation: starting in November 2021, OpenAI contracted Kenya-based Sama workers to label violent, toxic, and sexual content for ~$2/hour to improve ChatGPT — Content warning: this story contains descriptions of sexual abuse — ChatGPT was hailed as one 2022's most impressive …
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Metaverse Post, Insider, Gizmodo, and VICE
Mastodon: @parismarx@mastodon.online. Tweets: @billyperrigo, @billyperrigo, @pt, @ericnewcomer, @nkulw, @timnitgebru, @spcohn, @hare_brain, @neilturkewitz, @cori_crider, @billyperrigo, @hkesvani, and @deekbhardwaj
| Mark Gurman / Bloomberg: |
Sources: Apple indefinitely postpones its lightweight AR glasses due to technical difficulties and is instead planning a lower-cost MR headset for 2024 or 2025 — Apple Inc. is still planning to unveil its first mixed-reality headset this year, but an even more important follow-up product …
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The Information, MacRumors, SiliconANGLE, Thurrott, Metaverse Post, Gizchina, BigTechWire, TechRadar, NextPit, ZDNet, Engadget, Insider, UploadVR, Gizmodo, Digital Information World, Wccftech, PC Gamer, Macworld, T3, Laptop Mag, KnowTechie, and SlashGear
Tweets: @markgurman, @ericpresidentvr, @neilcybart, and @gartenberg
| CoinDesk: |
Analysis: 196 members of the new Congress accepted donations from Sam Bankman-Fried or other FTX senior executives, including Kevin McCarthy and Chuck Schumer — The session began with 196 U.S. lawmakers who took direct contributions from Sam Bankman-Fried and other former FTX executives …
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Gizmodo and New York Times
Tweets: @caitlinlong_, @watcherguru, @unusual_whales, @amuse, @amitoj, and @caitlinlong_
| Rohan Goswami / CNBC: |
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SBF's Substack, PYMNTS.com, MarketWatch, Reuters, BBC, New York Post, Wall Street Journal, Forkast, crypto.news, Inside Bitcoins, Coinpedia Fintech News, Coinspeaker, and Crypto Daily
Tweets: @sbf_ftx, @jconorgrogan, @spreekaway, @leomschwartz, @sbf_ftx, @b1ockgreg, @compound248, @stephanie_murr, @leomschwartz, @ftx_official, @sbf_ftx, @0xfungy, @metalawman, @growing_daniel, @kadhim, @fed_speak, @smtuffy, @blakestonks, @cryptogodjohn, @sbf_ftx, @smtuffy, @kadhim, @metalawman, @kadhim, @ajammirabilis, @sindap, @jconorgrogan, @compound248, @buccocapital, @sindap, @john_j_brown, @epsilontheory, @joeconsorti, @ariehkovler, @alistairmilne, @edzitron, @leomschwartz, and @sbf_ftx
| Jon Porter / The Verge: |
Samsung Galaxy S23, S23 Plus, and S23 Ultra specs allegedly leak: 6.1-, 6.6-, and 6.8-inch displays, Snapdragon 8 Gen 2, a 200MP sensor for the Ultra, and more — Spec sheets for all three devices in Samsung's upcoming flagship smartphone lineup, the Galaxy S23 series, appear to have leaked online.| The Block: |
Sources: Genesis creditors are negotiating a bankruptcy plan with the firm and weighing a one to two-year forbearance period in exchange for cash and DCG equity — - Genesis creditors are negotiating the terms of a possible Chapter 11 filing, according to sources close to the matter.
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Bloomberg, Reuters, Cointelegraph, Decrypt, CoinDesk, crypto.news, CoinGape, Cryptonews, Ethereum World News, CryptoSlate, and CoinJournal
Tweets: @byzgeneral, @sgjohnsson, @thestalwart, and @goldtelegraph_
| Bloomberg: |
Amazon begins laying off 18,000+ employees, impacting ~1% of its total workforce and ~6% of its 350,000 corporate staff, mostly in its retail and HR departments — Amazon.com Inc. is set to begin a round of layoffs ultimately affecting more than 18,000 employees in the largest job cull in its history …
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CNBC, The Verge, Reuters, Los Angeles Times, PYMNTS.com, Fox Business, and Thurrott
Tweets: @delrey, @delrey, and @kantrowitz
| Jonathan Greig / The Record: |
Oslo-based shipping software maker DNV reports a January 7 ransomware attack, downing its ShipManager system and ~1,000 ships, the latest attack on the industry — About 1,000 vessels have been affected by a ransomware attack against a major software supplier for ships.
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DNV, DNV, PYMNTS.com, TechCrunch, GovTech, Infosecurity, and SecurityWeek
| Wall Street Journal: |
Investigation and documents: 600+ US law enforcement entities have access, without oversight, to a database of 150M+ money transfers in the US and 20+ countries — Law-enforcement agencies across the U.S. have direct access to over 150 million transactions housed at an Arizona nonprofit| Jagmeet Singh / TechCrunch: |
Cybersecurity firm Sophos lays off 10% of its global workforce and sources say ~450 employees were let go; Thoma Bravo acquired Sophos for $3.9B in March 2020 — Sophos is laying off about 10% of its global workforce, TechCrunch has learned. Sophos confirmed the layoffs in an email to TechCrunch.
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DeviceSecurity.io and InfoRiskToday.com
| Patrick McGee / Financial Times: |
As Apple shifts away from China, experts worry India will struggle with iPhone production due to supply chain issues, labor woes, a lack of automation, and more — The tech giant increasingly finds itself beholden to America's biggest geopolitical rival. But is diversification even possible?
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South China Morning Post and 9to5Mac
Tweets: @patrickmcgee_, @patrickmcgee_, @counternotions, @patrickmcgee_, @edourdoo, @patrickmcgee_, @aveekmitra, and @kyleichan
| Financial Times: |
Sources: online fast fashion retailer Shein is looking to raise up to $3B from Abu Dhabi's Mubadala, Sequoia, and others at a $64B valuation, vs. its $100B peak — Chinese fast-fashion retailer looking to raise up to $3bn at a vastly reduced valuation in response to tech downturn| Mark Gurman / Bloomberg: |
Sources: Apple is working on an iPad-based smart display with smart home controls, video, and FaceTime and on a new Apple TV for H1 2024 with a faster processor — Apple Inc. is working on a slate of devices aimed at challenging Amazon.com Inc. and Google in the smart-home market … | Chavi Mehta / Reuters: |
Spotify, Deezer, Proton, and others write to Margrethe Vestager, demanding the European Commission take action against Apple's “unfair practices”, like IAP fees — Music streaming service Spotify Technology (SPOT.N), along with other media firms such as Deezer …
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Spotify, The Platform Law Blog, 9to5Mac, Thurrott, Fast Company, Spotify, Patently Apple, The Verge, Appuals.com, and FOSS Patents
Tweets: @spotifynews and @chrismessina
| Joseph F. Kovar / CRN: |
Cloudian, a hybrid cloud data management and storage tech vendor, raised $60M from Digital Alpha, Intel Capital, and others, bringing its total funding to $233M — 'When you have one infrastructure, you can control that infrastructure, your data your costs, and your access.
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SiliconANGLE
| Sarah Perez / TechCrunch: |
TikTok expands its “state-controlled media” label to over 40 markets globally, including the US and China, after a pilot in Russia, Ukraine, and Belarus in 2022 — TikTok today announced it's expanding its “state-controlled media” label to over 40 more global markets … Sponsor Posts
Subquadratic:
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
SubQ Snap 1.1: the first long-context decision model for real enterprise work — Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
The quiet power of email marketing to maximize impact for nonprofits — A life changed. A problem solved. A community strengthened. A future made a little better than it was yesterday.For nonprofits, that's the metric.
The quiet power of email marketing to maximize impact for nonprofits — A life changed. A problem solved. A community strengthened. A future made a little better than it was yesterday.For nonprofits, that's the metric.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
WebBrain:
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.
WebBrain: an open-source AI agent for your browser — Read pages, fill forms and automate tasks in Chrome or Firefox. Use local models or your preferred AI provider. Get started free.Featured Podcasts
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A quiet investor's $10 billion bet on AI, chips, and defense
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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Cheeky Pint:
The company building America's uranium supply from scratch
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Grit:
The Difference Between 1% Improvements and 10x Growth | Immad Akhund
Grit explores what it takes to create, build and scale world-class organizations.
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Lenny's Podcast:
How a 19-year-old intern built the growth engine behind this $2B AI company | Hector Serrano
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
Big Tech's Ugly Week, Getting Rich At Anthropic, AI Costs Plunge
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OpenAI's Latest Discoveries Spark a Backlash + Help! My Kid Hates AI
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