| 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 … | 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 … | 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 HomePod mini.| 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 … | 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: |
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.”| David Yaffe-Bellany / New York Times: |
| 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 … | 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.| 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 … | 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 … | 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| Jonathan Greig / The Record: |
Oslo-based shipping software maker DNV reports a ransomware attack, impacting its ShipManager system and around 1,000 vessels, the latest attack on the industry — About 1,000 vessels have been affected by a ransomware attack against a major software supplier for ships.| Patrick McGee / Financial Times: |
As Apple shifts 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 … | 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| 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.| 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 … | 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 … | Benjamin Mayo / 9to5Mac: |
Apple updates its Mac mini with M2 and M2 Pro options, improved graphics performance, up to 32GB of RAM, Wi-Fi 6E, Bluetooth 5.3, and more, starting at $599 — Apple today launched the new Mac mini lineup, available with M2 and M2 Pro chips inside. The M2 Mac mini starts at a new lower price of $599.| Joe Rossignol / MacRumors: |
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