January 20, 2023, 4:05 AM

Top News

Karissa Bell / Engadget:
Twitter quietly updates its developer agreement with a clause banning third-party clients, after claiming the company was “enforcing long-standing API rules”  —  In case there was any doubt about Twitter's intentions in cutting off the developers of third-party apps …
Anna Nicolaou / Financial Times:
Netflix co-founder Reed Hastings steps down as co-CEO but plans to stay on as executive chair; the company promotes COO Greg Peters to co-CEO with Ted Sarandos  —  Streaming company names new leadership as it looks to reset after ‘tough year’ in 2022  —  Reed Hastings is stepping …
Sarah Whitten / CNBC:
Netflix reports Q4 revenue up 1.9% YoY to $7.85B, $55M net income, down from $607M YoY, 231M paid memberships, adding 7.66M subscribers vs. 4.57M expected  —  - Netflix added 7.66 million paid subscribers during the fourth quarter, more than the 4.57 million Wall Street expected.
Catherine Larkin / Bloomberg:
SEC filing: T-Mobile says a hacker stole the data of ~37M customers, including names, addresses, and phone numbers, but not passwords, SSNs, or credit cards  —  T-Mobile US Inc. said a hacker obtained data for 37 million customer accounts, though it didn't include payment card information or personal identifying numbers.
Kevin Simauchi / Bloomberg:
Crypto lender Genesis Global Capital has filed for Chapter 11 bankruptcy in New York, listing the estimated range for both assets and liabilities from $1B-$10B  —  Cryptocurrency lender Genesis Global Capital filed for bankruptcy, the latest firm to collapse in the aftermath of FTX's swift downfall.
The Block:
Crypto lender Nexo agrees to pay $45M in penalties to settle US SEC and state charges for failing to register the offer and sale of its Earn Interest Product  —  - The SEC charged Nexo for failing to register the offer and sale of its crypto asset lending product, called the Earn Interest Product.
Bill Toulas / BleepingComputer:
PayPal says hackers accessed the sensitive data of ~35K users, including addresses and social security numbers, in a December 2022 credential stuffing attack  —  PayPal is sending out data breach notifications to thousands of users who had their accounts accessed through credential stuffing attacks that exposed some personal data.
Sources: Nintendo plans to increase production of its six-year-old Switch console in the coming fiscal year, starting in April 2023, as demand remains strong  —  Nintendo Co. plans to increase production of its six-year-old Switch console in the coming fiscal year after shipping roughly 21 …
David McCabe / New York Times:
Andy Robinson / Video Games Chronicle:
Sony announces the PlayStation VR2's full launch game lineup, including Tetris Effect and 12 other new titles; PSVR games will not be compatible with PSVR 2  —  13 NEW TITLES HAVE BEEN REVEALED FOR THE HEADSET  —  Sony Interactive Entertainment has confirmed the final PlayStation VR 2 launch line-up …
Wall Street Journal:
In his first interview, FTX CEO John Ray III says he set up a task force to explore restarting the exchange, saying customers praised its technology, and more  —  In his first public interview since taking over the failed cryptocurrency exchange, John J. Ray III said that he's open to the idea of rebooting operations
Dan Taylor /
Slovakia-based Photoneo, the parent company of robotic warehouse automation startup Brightpick, raised an additional $19M, bringing its total Series B to $40M  —  Experiencing unprecedented growth during the pandemic, Brightpick uses 3D sensor technologies to fully automated …
Nikkei Asia:
Autonomous vehicles in China face legal and financial issues, including different rules set by local governments, less funding, and uncertain profit prospects  —  WeRide and turn to selling systems for short-term profits  —  GUANGZHOU/TOKYO — China's efforts to get more nearly autonomous vehicles …

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