January 18, 2023, 4:55 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 …
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.

Sponsor Posts

Is your CMS solving your content problems, or creating new ones?  —  In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
How Public Tech Companies De-risk Millions in Revenue Loss  —  Complex products and hybrid teams are today's major growth challenges.  With 50-70% of revenue driven by internal teams beyond sales, how is your org adapting?
The ultimate guide to choosing the right rewards and recognition platform  —  According to a Deloitte survey, employee productivity, performance, and engagement are 14% higher in organizations that prioritize employee recognition programs.
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Techmeme Ride Home:
Mon. 03/27 - SVB Finds A New Home
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 4:55 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

Abha Bhattarai / Washington Post:
Richard Lawler / The Verge:

Earlier Picks

Jess Weatherbed / The Verge: