| 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 … | 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 … | 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 … | 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.| 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 … | Rohan Goswami / CNBC: |
| 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 … | 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.| 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.| 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| 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?| 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 … | 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 … | 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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| Abha Bhattarai / Washington Post: |
| Richard Lawler / The Verge: |
| Jess Weatherbed / The Verge: |