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January 18, 2023, 2:20 PM
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| Todd Bishop / GeekWire: |
Memo: Microsoft plans to lay off 10,000 employees through March 31, reducing headcount by less than 5%, and will take a $1.2B charge to facilitate the move — [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, The Verge, Bloomberg, CNBC, Reuters, New York Times, Washington Post, Ars Technica, The Verge, SiliconANGLE, Australian Financial Review, Tom's Hardware, Reuters, Washington Post, Bloomberg, Computerworld, Windows Central, New York Post, The Hill, Wall Street Journal, Associated Press, PCWorld, Mercury News, TheStreet, Billboard, Gizmodo, The Register, CRN, Engadget, MobileSyrup, CIO Dive, Insider, Livemint, The Guardian, TechCrunch, GamesIndustry.biz, Thurrott, CNET, Destructoid, Wall Street Journal, TechCircle, TheGamer, Wall Street Journal, PYMNTS.com, Invezz, Axios, Pure Xbox, Barron's Online, BGR India, The Wrap, Financial Times, Deadline, Video Games Chronicle, Variety, MarketWatch, USA Today, ZDNet, DCD, TrueAchievements, Tech.co, WRAL TechWire, GameSpot, The Verge, OnMSFT.com, and Tech Monitor
Mastodon: @GossiTheDog@cyberplace.social. Tweets: @jasonschreier, @tomwarren, @tomwarren, @tomwarren, @stevekovach, @danieltniles, @brandonstirrup, @sivavaid, @garywal, @jordannovet, @thedomino, @domsplaying, @drtcj, @twthereddragon, @film_girl, and @hownottodraw. Thanks:@taylor_soper
| Jon Porter / The Verge: |
Apple announces an updated HomePod with a similar design to the original from 2018, Matter support, and more, available now for $299, shipping February 3 — 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, MacRumors, 9to5Mac, AppleInsider News, 9to5Mac, TheStreet, BetaNews, MacRumors, Club386, Android Authority, Macworld, The Ambient, Thurrott, Wall Street Journal, AppAdvice, Appleosophy, Android Police, Tech Advisor, Barron's Online, Variety, CNET, iPhone in Canada Blog, BGR, MacStories, Neowin, Forbes, Michael Tsai, TechCrunch, AppleInsider, Engadget, TechSpot, Techaeris, KnowTechie, Digital Trends, 9to5Mac, Redmond Pie, MobileSyrup, T3, Bloomberg, CNBC, iMore, and Six Colors
Mastodon: @viticci@mastodon … and @dcseifert@mastodon.social
Tweets: @samifathi_, @mostafanageeb, @asymco, @benedictevans, @tim_cook, @markgurman, @brandonbutch, @mattmoniz, @richontech, @mgsiegler, @345triangle, @charlesarthur, @charlesarthur, @stevemoser, @apollozac, @somospostpc, @rsgnl, @stevemoser, @10velociraptors, @samifathi_, @ow, @asymco, @davidphelan2009, @apollozac, @tomwarren, and @jamestitcomb
| Hartley Charlton / MacRumors: |
Apple enables a temperature and humidity sensor on the HomePod mini and reintroduced HomePod, helping users create automations to do household tasks — The reintroduced HomePod offers a temperature and humidity sensor, but Apple is also enabling the feature on the existing HomePod mini.
More:
The Verge, 9to5Mac, PCMag, Engadget, MacRumors, Macworld, Thurrott, AppleInsider, iThinkDifferent, TidBITS, SlashGear, and Pixel Envy
Tweets: @followhomekit, @andrew_osu, and @rsgnl
| 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, UploadVR, Gizmodo, Wccftech, SlashGear, KnowTechie, The Economic Times, Barron's Online, KGOnTech, Mashable, TechRadar, Metaoak Daily, Insider, Digital Information World, iPhone in Canada Blog, ZDNet, Coinspeaker, T3, Macworld, Tech Advisor, PC Gamer, and Laptop Mag
Tweets: @markgurman, @ericpresidentvr, @benbajarin, @thearperson, @kirkburgess, and @neilcybart
| 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 …
More:
Gizmodo and New York Times
Tweets: @caitlinlong_, @watcherguru, @unusual_whales, @amitoj, and @caitlinlong_
| Rohan Goswami / CNBC: |
FTX identifies ~$5.5B in “liquid” assets for recovery, including $415M in “unauthorized third-party transfers” possibly tied to a hack found after its collapse — - FTX has identified about $5.5 billion worth of digital assets for recovery, a number that includes $415 million in “hacked crypto.”
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SBF's Substack, New York Post, Reuters, BBC, MarketWatch, Crypto Adventure, Wall Street Journal, Coinspeaker, Ethereum World News, Forkast, Inside Bitcoins, crypto.news, and Coinpedia Fintech News
Tweets: @sbf_ftx, @spreekaway, @jconorgrogan, @leomschwartz, @b1ockgreg, @sbf_ftx, @stephanie_murr, @compound248, @leomschwartz, @ftx_official, @sbf_ftx, @0xfungy, @metalawman, @growing_daniel, @kadhim, @fed_speak, @smtuffy, @blakestonks, @cryptogodjohn, @sbf_ftx, @longshorttrader, @smtuffy, @kadhim, @metalawman, @kadhim, @ajammirabilis, @sindap, @jconorgrogan, @compound248, @buccocapital, @sindap, and @john_j_brown
| David Yaffe-Bellany / New York Times: |
More:
PYMNTS.com, Cointelegraph, Crypto Briefing, and CryptoSlate
Tweets: @metalawman, @qtmoses, @coinbureau, @coinbureau, and @silvermanjacob
| Erin Woo / The Information: |
Source: Twitter manager Siddharth Rao told employees that daily revenue was 40% lower than a year earlier and more than 500 top advertisers have 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 …
More:
Engadget, New York Post, Observer, Forbes, Fortune, Search Engine Journal, Pocket Gamer.biz, The Guardian, and Wccftech
Tweets: @zoeschiffer, @erinkwoo, @lessin, @bgrueskin, and @fake_api
| Erin Woo / The Information: |
Source: Twitter's Q4 2022 revenue fell ~35% YoY to $1.025B, 72% of its internal goal for Q4; it 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 … | Billy Perrigo / TIME: |
Investigation: starting in November 2021, OpenAI contracted Kenya-based Sama to label violent and toxic content, paying workers $2/hour, to improve ChatGPT — Content warning: this story contains descriptions of sexual abuse — ChatGPT was hailed as one 2022's most impressive technological …
More:
Gizmodo and VICE
Mastodon: @parismarx@mastodon.online. Tweets: @billyperrigo, @billyperrigo, @cori_crider, @timnitgebru, @nkulw, @spcohn, @hare_brain, and @neilturkewitz
| Jon Porter / The Verge: |
Samsung Galaxy S23, S23 Plus, and S23 Ultra specs allegedly leak, showing 6.1, 6.6, and 6.8-inch screens, Snapdragon 8 Gen 2, the Ultra's 200MP sensor, and more — Spec sheets for all three devices in Samsung's upcoming flagship smartphone lineup, the Galaxy S23 series, appear to have leaked online.
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9to5Google, Samsung Newsroom, XDA Developers, 9to5Google, Droid Life, Digital Trends, Android Police, Redmond Pie, Laptop Mag, T3, Android Authority, Mashable, Android Headlines, Wccftech, TechRadar, and Android Authority
Tweets: @dohyun854, @_snoopytech_, @billbilkun, @billbilkun, @billbilkun, @_snoopytech_, @dohyun854, @_snoopytech_, @sondesix, @sondesix, @galaxymobile111, and @sondesix
| 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 … | Bloomberg: |
Amazon begins laying off 18,000+ employees, impacting around 1% of its total workforce and 6% of its 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 …
More:
CNBC, Los Angeles Times, Livemint, Reuters, PYMNTS.com, CNBC, Thurrott, and Fox Business
| 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.
More:
DNV, DNV, gCaptain, TechCrunch, Infosecurity, and Bloomberg
| 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| 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?
More:
South China Morning Post, AppleInsider, and 9to5Mac
Tweets: @patrickmcgee_, @patrickmcgee_, @kaiserkuo, @kylearteaga, @patrickmcgee_, @patrickmcgee_, @patrickmcgee_, and @edourdoo
| 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 …
More:
Spotify, The Platform Law Blog, Thurrott, 9to5Mac, The Verge, Patently Apple, Spotify, and Appuals.com. Tweets: @chrismessina
| The Block: |
Sources: Genesis creditors are negotiating a bankruptcy plan with the firm and would agree to a forbearance period in exchange for cash payments and DCG equity — - Genesis creditors are negotiating the terms of a possible Chapter 11 filing, according to sources close to the matter.| 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
More:
Bloomberg, CNBC, Fortune, Wall Street Journal, and Forbes
Tweets: @abhabhattarai, @ruskin147, @davidsirota, @brooksentwistle, and @abhabhattarai
| 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 … | Matt Levine / Bloomberg: |
By suing Genesis Global Capital and Gemini Trust over Gemini Earn in 2023, the SEC is years late to addressing the crypto lending product marketed as a security — Earn — Well, of course: … We covered this in 2021, when Coinbase Global Inc.'s similar crypto lending program was shut down by the SEC before it started.| Angus Loten / Wall Street Journal: |
Gartner says 2022 global IT spending dropped 0.2% to $4.38T, below an estimated 0.8% rise, and expects 2.4% growth in 2023, weighed down by economic uncertainty — Citing economic uncertainties, Gartner lowers its enterprise tech forecast for 2023 — Companies worldwide made deep cuts …
More:
The Register, SiliconANGLE, Gartner, CIO Dive, and The Economic Times
| 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 …
More:
Reuters, XDA Developers, TechCrunch, Android Headlines, MobileSyrup, SlashGear, Engadget, Fortune, KnowTechie, Pocket-lint, and Fossbytes
Tweets: @mattnavarra, @mcwm, @vnchocotaco, and @mattortega
| 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 nonprofitSponsor Posts
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