Techmeme
January 31, 2023, 4:15 AM

Top News

Kat Bailey / IGN:
Kim Jaewon / Nikkei Asia:
Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand  —  South Korean tech giant's slump expected to continue in first half of this year  —  SEOUL — Samsung Electronics said Tuesday …
New York Times:
Sources: Stripe is aiming to raise ~$2.5B at a $55B to $60B valuation, led by Thrive Capital, which has committed $1B; Stripe was valued at ~$95B in March 2021  —  Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.
Matt Tamanini / The Streamable:
Paramount Global plans to merge its Showtime streaming service with Paramount+'s ad-free tier later in 2023 and call the new offering Paramount+ with SHOWTIME  —  It's been a long time coming, but later this year, Paramount Global will finally fully integrate the streaming arm …
AJ Vicens / CyberScoop:
Kaspersky: from January 2020 to June 2022, hacker groups offered salaries from six figures to $1.2M, bonuses, and paid leave to attract talent on the dark web  —  Despite the obvious risks, tech jobs with hacking groups can be alluring for those who need the money or want to do the work.
Hannah Murphy / Financial Times:
Josh Eidelson / Bloomberg:
The US NLRB says Apple executive comments and policies for staff violate workers' rights, after ex-employees Ashley Gjøvik and Cher Scarlett filed cases in 2021  —  Comments by Apple Inc. executives and policies imposed on employees have been deemed illegal by US National Labor Relations …
Raymond Wong / Inverse:
Nothing CEO Carl Pei says the company had $200M+ in 2022 revenue, up from ~$24M in 2021, and plans to launch a “more premium” Phone (2) in 2023 aimed at the US  —  Nothing CEO Carl Pei tells Inverse the next phone will be “more premium,” the U.S. is the top priority in 2023 …
Jonathan Stempel / Reuters:
A US judge allows the names of the two people who posted SBF's $250M bail to be made public, but stays the ruling until at least February 7 expecting an appeal  —  A U.S. judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried …
Vox:
Meta, Google, and Amazon leadership are conjuring their companies' “scrappy” startup roots in internal messaging, asking staff to work harder or face layoffs  —  Facebook, Google, and Amazon are trying to get their groove back.  —  When Meta's head of people, Lori Goler …
Wall Street Journal:
If the US wins its Google antitrust case, a spinoff is more likely than a sale, valuing the ad businesses at tens of billions and giving advertisers more choice  —  If government prevails, an asset spinoff is thought to be more likely than a sale  —  Google spent the better part …
Dave Michaels / Wall Street Journal:

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Earlier Picks

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