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January 23, 2023, 8:50 AM
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Top News

Eva Mathews / Reuters:
Spotify plans to lay off ~6% of its workforce, or roughly 600 jobs, says content head Dawn Ostroff will leave, and reorganizes engineering and product groups  —  Music streaming firm Spotify plans to cut 6% of its workforce, the company said on Monday, a move that will add to a glut of layoffs …
David Pan / Bloomberg:
Binance says Signature Bank will only handle transactions of over $100,000, starting on February 1, as the US bank decreases its exposure to crypto markets  —  Binance, the world's largest cryptocurrency exchange, said Signature Bank will only handle user transactions of more than $100,000 …
Wall Street Journal:
Sources: activist investor Elliott Management acquired a multibillion-dollar Salesforce stake; a partner says the firm has “a deep respect for Marc Benioff”  —  Elliott Management makes a multibillion-dollar investment in the business-software provider
Joseph Menn / Washington Post:
Researchers and ex-Twitter staff: physical attacks in the US track with Twitter spikes in some hate speech, notably anti-Semitic and anti-gay slurs and rhetoric  —  SAN FRANCISCO — Earlier this month, the FBI charged a Florida man with making detailed online threats to murder 100 gay people.
Rolling Stone:
Sources: Donald Trump does not want to renew his Truth Social exclusivity contract, expiring in June 2023, and is asking associates for first tweet suggestions  —  The ex-president is planning his first tweets with a few months to go on his Truth Social contract
Mark Gurman / Bloomberg:
Analysis: Apple timed the MacBook Pro, Mac mini, and HomePod launches to boost this quarter's revenue and avoid suffering supply issues in the holiday season  —  Apple timed the launch of the new MacBook Pro, Mac mini and HomePod to shore up its current quarter's revenue …
AnnaMaria Andriotis / Wall Street Journal:
Wells Fargo, BofA, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, rolling out in H2 2023  —  Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout  —  Big banks are teaming …
Tripp Mickle / New York Times:
The recent tech layoffs highlight a generational divide between younger workers, experiencing their first downturn, and older workers, who have been here before  —  The industry's recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.
Janko Roettgers / Lowpass:
Sources: Samsung is aiming to bring its free TV Plus streaming service to third-party TVs and is approaching rival manufacturers about the idea  —  Move FAST and make money … To grow the audience of its free TV Plus streaming service, Samsung is considering a move that seemed unthinkable …
Cristina Criddle / Financial Times:
A look at the challenge of moderating livestreams for children and vulnerable users, even if age verification can be improved and privacy concerns addressed  —  Abby Rayner was 13 when she first watched livestreams on Instagram that demonstrated self-harm techniques and encouraged viewers to participate.
Karin Matussek / Bloomberg:
Germany's cartel regulator opens an investigation into PayPal Europe over possibly hindering competition, including merchant rules for other payment services  —  Germany's antitrust regulator opened an investigation into PayPal Holdings Inc. over potential obstruction of competitors and restriction of price competition
More: Reuters

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This is a Techmeme archive page. It shows how the site appeared at 8:50 AM ET, January 23, 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.

From Mediagazer

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”; earlier CBS aired the Kennedy Center Honors, hosted by Trump

Zachary Leeman / Mediaite:
White House deputy chief of staff Stephen Miller calls for CBS staff who “revolted” over Bari Weiss' decision to postpone 60 Minutes' CECOT segment to be fired

Todd Spangler / Variety:
Comcast extends Mike Cavanagh's contract through January 1, 2029, and grants a ~$35M performance-based stock package; he's set to become co-CEO in January 2026

More News

Earlier Picks

Keri Blakinger / The Marshall Project:
How some US incarcerated people use contraband mobile phones to educate themselves, make TikToks, find love, publicize prison conditions, earn money, and more
Nilesh Christopher / Rest of World:
Creators from India's hinterland are going viral on YouTube Shorts and running into copyright issues for “fact channels” that add context to other users' videos
Wall Street Journal:
A look at Mittens, a ruthless Chess.com bot with a kitten avatar introduced on January 1, which is driving more people to play on the website than ever before
The Daily Dot:
CommuteAir removed a 2019 copy of the US No Fly List, after a researcher said they found the list, with 1.5M+ entries and many aliases, on an unsecured server
Ariel Shapiro / The Verge:
Listen Notes: ~219K podcasts were created in 2022, down nearly 80% from a peak of ~1M in 2020 and lower than the pre-pandemic high of ~337K in 2019
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