Techmeme
January 23, 2023, 1:30 PM

Top News

Dina Bass / Bloomberg:
Microsoft invests in OpenAI, a source says totaling $10B over many years, after 2019 and 2021 investments, to build “increasingly safe, useful, and powerful” AI  —  Microsoft Corp. is making a $10 billion investment over several years in OpenAI, the creator of the artificial …
Eva Mathews / Reuters:
Spotify plans to lay off ~6% of its workforce, or ~600 jobs, says content and ad head Dawn Ostroff is leaving, and reorganizes its engineering and product units  —  Music streaming firm Spotify plans to cut 6% of its workforce, the company said on Monday, a move that will add to a glut …
Chris Welch / The Verge:
Apple Mac mini (M2 Pro) review: terrific performance, many ports, Wi-Fi 6E, and Bluetooth 5.3, but no front ports or SD card slot and a tricky peripherals setup  —  With two processor choices — one for everyday computing, the other for conquering creative work — Apple's littlest Mac has never been more appealing.
Monica Chin / The Verge:
Apple MacBook Pro (16-inch, M2 Max) review: amazing performance and speakers, big battery life gains, and a great display, but pricey and limited upgradability  —  Apple's new MacBook Pro 16 with M2 Max has exactly one significant upgrade from the 2021 model: a more powerful chip.
AnnaMaria Andriotis / Wall Street Journal:
Wells Fargo, Bank of America, JPMorgan, and four other banks are working on a digital wallet, managed by Zelle owner Early Warning Services, slated for H2 2023  —  Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout
David Pan / Bloomberg:
Binance says Signature Bank plans to only handle $100,000+ transactions starting on February 1, 2023, as the US bank decreases its exposure to the crypto market  —  Binance, the world's largest cryptocurrency exchange, said Signature Bank will only handle user transactions of more than $100,000 …
Adam Liptak / New York Times:
SCOTUS asks the Biden administration for its views on the constitutionality of Florida's and Texas' social media laws, likely putting off a decision until 2024  —  The laws, enacted by Florida and Texas in response to conservative complaints about censorship, have been challenged under the First Amendment.
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
Kenrick Cai / Forbes:
Deel, which offers HR software for hiring a remote global workforce, announces hitting a $295M ARR on January 1 and raising $50M in Q2 2022 at a $12B valuation  —  Alex Bouaziz, cofounder and CEO of Deel, is armed with metrics that would be enviable to nearly every software startup CEO.
More: TechCrunch and DeelThanks:@colegarry2
Tripp Mickle / New York Times:
The recent tech layoffs highlight a generational divide between younger workers experiencing their first economic downturn and older workers who have seen many  —  The industry's recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.
Wall Street Journal:

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Enhancements to Zoho Writer's automation flow designer: New PDF operations, password protection, and more  —  Once we rolled out the automation flow designer in Zoho Writer's merge templates …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
2025 In Review, 2026 Predictions — With Reed Albergotti
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Podcast Pioneer PJ Vogt's Second Act: Less Budget, More Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:30 PM 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.

More News

Cristina Criddle / Financial Times:

Earlier Picks

Janko Roettgers / Lowpass:
Joseph Menn / Washington Post: