Techmeme
January 26, 2023, 10:30 PM

Top News

Alexandra Bruell / Wall Street Journal:
Michael Bodley / Blockworks:
Sources: Amazon plans to launch an NFT initiative in April, with more than a dozen crypto-native partners and a focus on blockchain-based gaming  —  Amazon is launching a digital assets enterprise, according to four sources familiar with the matter, who said that an NFT initiative is expected in the spring.
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
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) …
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:
Chris Stokel-Walker / Fast Company:
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 9%+  —  Chipmaker Intel Corp (INTC.O) forecast first-quarter revenue below Wall Street targets on Thursday, slammed by a worsening PC market …
Bloomberg:
Sources describe how Twitter's Trust and Safety VP Ella Irwin is helping carry out Elon Musk's whims, even when they break Twitter's established protocols  —  On a day hundreds of Twitter Inc. employees were debating whether to resign, Ella Irwin showed up with a pep talk.
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.

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More News

Michelle Celarier / New York Magazine:
Natasha Singer / New York Times:

Earlier Picks

Camomile Shumba / CoinDesk:
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The Economic Times:
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