January 18, 2023, 4:40 PM

Top News

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 …
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 …
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.
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 …
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 …
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 …
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 …
Rohan Goswami / CNBC:
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.
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  — Inc. is set to begin a round of layoffs ultimately affecting more than 18,000 employees in the largest job cull in its history …
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?
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 …
Richard Lawler / The Verge:
Twitter begins offering an annual Blue subscription for $84 on the web, saving 12.5% compared to a monthly subscription on the web and 36.4% over paying via iOS  —  Ever since Elon Musk took over Twitter, one of his aims has been to build up its subscription business, launching …
Abha Bhattarai / Washington Post:
At the World Economic Forum in Davos, Circle, Hedera, and other crypto companies hope to resuscitate the industry's image after FTX and attract new investors  —  The World Economic Forum's annual gathering has become an unlikely destination for the crypto industry as it tries to raise its profile — and new funds

Sponsor Posts

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.
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
Why a remote support solution is imperative in sustaining business continuity  —  During a natural disaster, global pandemic, or any other unforeseen event, maintaining business continuity becomes paramount.
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
Big Technology Podcast:
How Shein and Temu Snuck Up On Amazon -- With Louise Matsakis
The Big Technology Podcast, hosted by journalist Alex Kantrowitz, takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Techmeme Ride Home:
Wed. 05/29 - Did The Secret Sauce Of Google Search Just Leak?
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 4:40 PM ET, January 18, 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

Earlier Picks

Jess Weatherbed / The Verge: