| Axios: |
Meta plans to reinstate Donald Trump's Facebook and Instagram accounts in the coming weeks with “new guardrails to deter repeat offenses”, after a two-year ban — - “We've always believed that Americans should be able to hear from the people who want to lead the country,” Clegg told Axios.| Newley Purnell / Wall Street Journal: |
Twitter reinstates some Hindu nationalist accounts popular in India, including some denigrating Muslims, and blocks links to a BBC documentary on Narendra Modi — Human-rights groups say they have seen a rise in anti-Muslim material on the platform — Twitter Inc. under Elon Musk … | Dan Ladden-Hall / The Daily Beast: |
| Brody Ford / Bloomberg: |
IBM plans to cut ~1.5% of its global workforce, or a “ballpark” 3,900 jobs, focusing on workers who stayed after the company spun off Kyndryl and Watson Health — International Business Machines Corp. delivered an upbeat annual sales forecast while announcing it would eliminate … | Wall Street Journal: |
Sources: Elon Musk's team has been exploring selling up to $3B in potential new Twitter shares to help repay some of the $13B in debt tacked on for the buyout — Elon Musk's team has held talks with investors about raising up to $3 billion to repay some of the $13 billion in debt tacked onto Twitter Inc … | Bloomberg: |
How Elon Musk's Twitter usage and stewardship is making him toxic for many Tesla customers and shareholders at a time when the company badly needs new business — If Elon Musk has a tragic flaw, it isn't his temper, or his treatment of underlings, or his refusal to follow securities laws.| Bryce Elder / Financial Times: |
FT Alphaville closes its Mastodon server and reflects on why running a social media site is a bad idea, including due to reputational, legal, and security risks — Extinction looms for FTAV's Mastodon presence — A few months ago, FT Alphaville thought it might be fun to host a Mastodon server.| Manish Singh / TechCrunch: |
After an antitrust order in India, Google plans to add third-party billing for apps and games in February, revise phone maker and partner agreements, and more — Google is revising its business agreements with phonemakers and other partners in India and making a series of other changes … | Ryan Browne / CNBC: |
London-based crypto exchange Luno, owned by DCG, lays off 35% of its global workforce, citing market “turbulence”; Luno has a ~960 headcount per its LinkedIn — - London-based crypto exchange Luno informed employees of the redundancies at 12 p.m. GMT on Wednesday in a live-streamed town hall.| Edward Gately / Channel Futures: |
North Carolina-based Zift Solutions, whose ZiftOne tool helps companies manage channel marketing, sales, and operations, raised $70M led by Investcorp — ITP's investment will help accelerate Zift Solutions' GTM strategy and continued international expansion.| Wall Street Journal: |
Sources: Meta pays BuzzFeed to generate creator content for Facebook and Instagram and to train creators to grow online as part of a ~$10M deal reached in 2022 — Partnership marks latest iteration of yearslong relationship between digital publisher and social-media giant| Ingrid Lunden / TechCrunch: |
Dell acquires Tel Aviv-based Cloudify, a platform for cloud orchestration and infrastructure automation, sources say for ~$100M; Cloudify raised less than $8M — Dell is making an acquisition to beef up its cloud services business, specifically its offerings in DevOps: the company is buying Cloudify … | Bloomberg: |
Analysis: SoftBank's new startup bets hit a record low in Q4 2022, with eight investment rounds totaling $2.1B; source: Vision Fund investments were below $350M — SoftBank Group Corp.'s new startup bets hit a record low last quarter as valuations continued to slide, chilling an already frosty startup winter.| Akriti Sharma / Reuters: |
Microsoft resolved a networking issue impacting Azure, Outlook, Teams, and other services globally for hours; services in China and for governments were not hit — Microsoft Corp (MSFT.O) on Wednesday said it had recovered all of its cloud services after a networking outage took … | Menghan Xiao / SC Media: |
Using automation, Trellix patches nearly 62K open-source projects susceptible to a Python path traversal flaw first disclosed in 2007, affecting ~350K projects — The Trellix research team said they have patched nearly 62,000 open-source projects that were susceptible to a 15-year-old path … | Ryan Smith / AnandTech: |
SK hynix announces LPDDR5T, its latest memory chip for mobile devices, with a 9.6Gbps data transfer speed, 13% faster than the predecessor LPDDR5X's 8.5Gbps — In a bit of a surprise move, SK hynix this week has announced a new variation of LPDDR5 memory technology, which they are calling LPDDR5T.| Ian King / Bloomberg: |
Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide — Lam Research Corp., one of the three biggest providers of chip-manufacturing equipment in the US, is cutting about 7% … | Ron Miller / TechCrunch: |
New Jersey-based AtomicJar, which is building a cloud version of its co-founders' open-source microservices testing tool Testcontainers, raised a $25M Series A — Working with, microservices-based development environments presents a unique set of testing challenges.| CoinDesk: |
Report: South Korean prosecutors are seeking the arrest of Bithumb owner Kang Jong-Hyun, as part of a wider probe into the crypto exchange and its affiliates — Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.| Kalhan Rosenblatt / NBC News: |
Wharton School Professor Christian Terwiesch found that OpenAI's ChatGPT was able to pass the final exam for the school's MBA program, scoring between B- and B — ChatGPT uses AI to pass final exam at UPenn's Wharton — New research conducted by a professor at University … | Bloomberg: |
Sources: the FBI and the DOJ are examining Snapchat's role in the spread and sale of fentanyl-laced pills in the US, as part of a broader counterfeit drug probe — Federal agencies are questioning Snapchat's role in the spread and sale of fentanyl-laced pills in the US as part of a broader probe …
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| Frederic Lardinois / TechCrunch: |
| Yogita Khatri / The Block: |
| Samuel Stolton / Politico: |
| Nate Lanxon / Bloomberg: |
| Joe Rossignol / MacRumors: |