Techmeme
January 21, 2023, 9:15 PM

Top News

Lucas Shaw / Bloomberg:
Q&A with Netflix co-CEOs Greg Peters and Ted Sarandos about shared leadership, what role Reed Hastings may play, adding FAST channels, the ad tier, and more  —  So that's what an orderly transfer of power looks like.  —  While Disney chief Bob Iger ousted every potential threat …
Aaron Tilley / Wall Street Journal:
Apple's lean hiring may help the company avoid layoffs; Apple's workforce grew ~20% from 2019 to 2022, Amazon's grew 100%, Meta 94%, Alphabet 57%, Microsoft 53%  —  The iPhone maker's workforce grew 20% in the past three years, a far slower pace than rivals  —  Tech Layoffs Pile Up as Bosses Reverse Course
Jez Corden / Windows Central:
Microsoft has laid off the entire teams behind the virtual reality platform AltspaceVR, which will shut down in March, and the Mixed Reality Tool Kit framework  —  HoloLens, Virtual Reality, and Mixed Reality are all but dead at Microsoft.  —  What you need to know
New York Times:
Emails and sources: Google fired 16% of its ~400-person Fuchsia OS team, Research cut jobs in lower traction areas, and Cloud cut operational and other roles  —  The layoffs amount to about 6 percent of the global work force at the company, the latest tech giant to make cuts after a pandemic hiring spree.
Bloomberg:
More: The Information, The Keyword, Wall Street Journal, The Verge, Reuters, CNBC, The Economic Times, TechSpot, Insider, Livemint, MarketWatch, Associated Press, TechCrunch, CNBC, NPR, BBC, 9to5Google, Fortune, Pixel Envy, Tech.co, TIME, Ars Technica, PYMNTS.com, GeekWire, PCWorld, WinBuzzer, GamesIndustry.biz, Patently Apple, TechRadar, Fast Company, Thurrott, PhoneArena, NBC Bay Area, DCD, Coinspeaker, Tech Xplore, IGN, Mashable, Micky, Appuals.com, ZDNet, Search Engine Land, TheGamer, Gizmodo, Tech Monitor, TechCircle, Deadline, City A.M., Computerworld, Neowin, Variety, Silicon Republic, PCMag, Semafor, TechCrunch, WRAL TechWire, Financial Times, The Hollywood Reporter, Engadget, RTÉ, The Economic Times, Moneycontrol, Business Post, Barron's Online, and Slashdot
Dietrich Knauth / Reuters:
US prosecutors provide a list of nearly $700M worth of Sam Bankman-Fried's seized assets, including ~$525M in Robinhood stock and $94.5M cash at Silvergate Bank  —  Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January …
Can Duruk / Margins:
ChatGPT is a threat to Google mainly because the latter's monopoly position let the search experience degenerate into a spam-ridden, SEO-fueled hellscape  —  I hate monopolies and welcome our AI overlords … I don't really cook often, but I do love making pasta aglio e olio.
Annie Palmer / CNBC:
A look at Amazon's nascent drone delivery unit, which has struggled due to crashes and other safety issues and now faces layoffs and other cost-cutting measures  —  - As part of Amazon's widespread layoffs, some employees in the nascent drone delivery project are losing their jobs, according to people familiar with the matter.
Sarah Wynn / The Block:
The US SEC charges Avraham Eisenberg for manipulating Mango Markets' governance token MNGO to steal ~$116M of crypto assets and says MNGO was sold as a security  —  - The SEC brought charges against Avraham Eisenberg on Friday after the U.S. securities regulator said Eisenberg stole $116 million from Mango Markets.
Lora Kolodny / CNBC:
Internal records: Twitter now has ~1,300 active employees, including fewer than 550 full-time engineers, and ~1,400 non-working staff who are still being paid  —  - Internal records show that Twitter has shed about 80% of its employees since Elon Musk took over and headcount is hovering around 1,300 employees today.

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More News

Mia Sato / The Verge:
Josh Scott / BetaKit:

Earlier Picks

Emily Baker-White / Forbes:
Brian Fung / CNN:
Kevin Simauchi / Bloomberg: