Techmeme
January 26, 2023, 5:40 PM

Top News

Alexandra Bruell / Wall Street Journal:
Charlie Warzel / The Atlantic:
Donald Trump and Facebook have both decayed since his ban, and despite his unpredictability and tech's recent wild swings, his reinstatement may not matter much  —  This afternoon, Meta announced that it will soon reinstate Donald Trump's account after a two-year suspension from Facebook and Instagram.
IDC:
Worldwide smartphone shipments fell 18.3% YoY to 300.3M units in Q4 2022, the largest ever drop in a quarter; Apple fell 14.9%, Samsung 15.6%, and Xiaomi 26.3%  —  Worldwide smartphone shipments declined 18.3% year over year to 300.3 million units in the fourth quarter of 2022 (4Q22) …
Carly Page / TechCrunch:
The FBI, US DOJ, Secret Service, Europol, and others seize ransomware gang Hive's site and decryption keys; the FBI had access to Hive's network since July 2022  —  The infrastructure behind Hive, one of the most prolific ransomware operations, has been seized by law enforcement agencies in the United States and Europe.
Wall Street Journal:
Sources: Stripe co-founders Patrick and John Collison told staff their goal is to go public or let employees sell shares in private markets within the next year  —  Fintech startup hires Goldman, JPMorgan to advise on direct listing or private-market transaction involving employees' shares
Kathryn Tewson / Techdirt:
Hands-on with DoNotPay, a service claiming to offer the first robot lawyer: slow and poor legal analysis, drafted a terrible defamation demand letter, and more  —  Note: This post is an adaptation of what started initially as a Twitter thread.  —  I've been going pretty hard on DoNotPay …
Chris Stokel-Walker / Fast Company:
New York Times:
Under increasing pressure in the US, ByteDance and TikTok shift their strategy for dealing with officials by going on the PR offensive and speaking out publicly  —  Keeping its head down has not paid off for the company, which now faces regulatory pressure on many fronts.  So it is starting to speak out.
Lawfare:
Chavi Mehta / Reuters:
Intel reports Q4 revenue down 32% YoY to $14B, vs. $14.46B est., Data Center and AI down 33% YoY, and Q1 2023 revenue guidance below estimates; stock drops 7%+  —  Chipmaker Intel Corp (INTC.O) forecast first-quarter revenue below Wall Street targets on Thursday, slammed by a worsening PC market …
Wall Street Journal:
New York AG Letitia James asks Madison Square Garden Entertainment for information on its alleged facial recognition use to deny access to some ticket holders  —  Probe related to company's alleged use of the technology to bar certain ticket holders from its venues
The Block:
A 116-page bankruptcy document lists FTX's creditors, including AWS, Apple, Meta, LinkedIn, Netflix, Binance, the WSJ, and the Prime Minister of the Bahamas  —  - FTX owes money to a wide range of individuals, businesses, and entities, including major digital asset firms, banks, star athletes, and governments.
Natasha Singer / New York Times:
The University of Texas at Austin plans to launch a large-scale, low-cost online Master of Science degree program in AI, a first among elite computing schools  —  Amid a boom in new tools like ChatGPT, the Austin campus plans to train thousands of students in sought-after skills in artificial intelligence.
Matthew Ball / MatthewBall.vc:
A brief history of VR/AR/MR devices and why hardware challenges have limited mainstream adoption, which could likely slow the metaverse's emergence and growth  —  Modern efforts to build extended reality (XR) devices—i.e., dedicated virtual reality (VR), dedicated augmented reality (AR) …

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More News

Michelle Celarier / New York Magazine:
Camomile Shumba / CoinDesk:
Miles Kruppa / Wall Street Journal:
Aggi Cantrill / Bloomberg:
The Economic Times:
Connie Guglielmo / CNET:

Earlier Picks

Bloomberg:
Akriti Sharma / Reuters: