Techmeme
January 24, 2023, 7:50 PM

Top News

Leah Nylen / Bloomberg:
The DOJ sues Google, joined by California and seven other US states, calling for the breakup of its ad tech business that allegedly monopolizes the US ad market  —  The US Justice Department and eight states sued Alphabet Inc.'s Google, calling for the break up of the search giant's ad-technology business …
Microsoft:
Microsoft reports Q2 revenue up 2% YoY to $52.7B, net income down 12% YoY to $16.4B, Dynamics 365 revenue up 21% YoY, and LinkedIn revenue up 10% YoY  —  Earnings Release FY23 Q2 Microsoft Cloud Strength Drives Second Quarter Results REDMOND, Wash. — January 24, 2023 …
Jordan Novet / CNBC:
Microsoft Cloud revenue grew 22% YoY to $27.1B, including Intelligent Cloud up 18% YoY to $21.5B, which was driven by Azure and other cloud services up 31% YoY  —  - Microsoft's Azure cloud growth slowed to 31%, barely beating analysts' projections.  — Management called for $50.5 billion …
Tom Warren / The Verge:
Federico Viticci / MacStories:
A review of Ivory, a new Mastodon iOS app from Tapbots, maker of the now-defunct Tweetbot: an inspired design, Tweetbot-like gestures, custom filters, and more  —  There's an intangible, permeating quality about Tapbots apps that trascends features and specs: craftsmanship.
Alexander Martin / The Record:
Riot Games says the company won't pay a ransom after hackers exfiltrated source code for League of Legends, Teamfight Tactics, and “a legacy anticheat platform”  —  Riot Games, the video game developer and esports organizer, said on Tuesday that it had received a ransom email following a social engineering attack last week.
Bill Toulas / BleepingComputer:
LastPass parent company GoTo confirms hackers stole encrypted backups, an encryption key for some data, billing info, and more, in a breach disclosed in 2022  —  GoTo (formerly LogMeIn) is warning customers that threat actors who breached its development environment in November 2022 stole …
Mitchell Clark / The Verge:
Tiernan Ray / ZDNet:
Meta Chief AI Scientist Yann LeCun says ChatGPT's underlying techniques are “not particularly innovative” and other companies and research labs do similar work  —  Much ink has been spilled of late about the tremendous promise of OpenAI's ChatGPT program for generating natural-language utterances …
Joe Rossignol / MacRumors:
The new 256GB Mac mini with M2 and 512GB 14-inch MacBook Pro with M2 Pro have slower SSD speeds than previous M1 models because they have fewer NAND chips  —  While the new Mac mini with the M2 chip has a lower $599 starting price, the base model with 256GB of storage has slower SSD read …
Ingrid Lunden / TechCrunch:
Amazon launches RxPass, which lets US Prime users pay $5 per month to get as many generic versions of medications as they need, initially for 80 common ailments  —  More than two years since announcing Amazon Pharmacy to take some of the prescription drugs business away from big (and smaller) …
Joseph Menn / Washington Post:
A second Twitter whistleblower tells the FTC and Congress that engineers can access “GodMode” and tweet from any account, supporting Mudge's complaint from 2022  —  Too many people can still access a program that lets them tweet under any account, he says in a complaint
J.D. Capelouto / Semafor:
Live Nation President Joe Berchtold to Congress: during Taylor Swift's tour presale, Ticketmaster saw triple the bot traffic, which then impacted Verified Fan  —  The president of Ticketmaster's parent company explained to a U.S. Senate committee Tuesday why its site melted down in November during …
Emily Nicolle / Bloomberg:
Binance admits to mistakenly storing collateral for some of its tokens in the same wallet as customer funds; reserves for 41 out of 94 coins are in one wallet  —  Binance Holdings Ltd., the world's largest crypto platform, acknowledged that it mistakenly keeps collateral for some of the tokens …
Dade Hayes / Deadline:
Netflix, Apple, and Amazon accounted for 19 Oscars nominations, down from 37 in 2022, and only one streaming title got more than one nomination  —  Despite all of the uncertainty about the future of theatrical distribution, streaming services collectively took a step back in this year's Oscar race …
Jason Schreier / Bloomberg:
A World of Warcraft Classic co-lead developer departs after internally criticizing Activision Blizzard's stack ranking; Microsoft ended stack ranking in 2013  —  A manager at video game developer Blizzard Entertainment said he was ousted after refusing to give a low evaluation to an employee …
Jesse Hamilton / CoinDesk:
The FBI says North Korea-backed hacking groups Lazarus and APT38 are behind the June 2022 theft of ~$100M in ETH, USDT, and wBTC from Harmony's Horizon bridge  —  Lazarus Group and APT38, both associated with North Korea, are responsible for the attack in June, the agency concluded.
Hannah Murphy / Financial Times:
How Twitter Director of Product Management Esther Crawford has become one of the most influential leaders from the old guard in Elon Musk's “hardcore” Twitter  —  Days after Elon Musk had completed his $44bn buyout of Twitter, Esther Crawford shared a picture of herself sleeping …

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More News

Alexandra Sternlicht / Fortune:
Isaac Stanley-Becker / Washington Post:

Earlier Picks

New York Times: