| Ian King / Bloomberg: |
Intel cuts employee compensation to preserve cash for a turnaround plan, including 25% for CEO Pat Gelsinger, 15% for leadership, and 5% for mid-level managers — Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope … | David Satin / The Streamable: |
Netflix lists its rules and exemptions to prevent password sharing, including that all devices should be on the same “primary” Wi-Fi at least once every 31 days — After months of warning subscribers that anti-password sharing measures were coming to Netflix, the company appears to be finally set to unleash them.| Ryan Browne / CNBC: |
The UK government lays out plans to regulate crypto, including measures to strengthen rules for lending, disclosures, financial intermediaries, and custodians — - The U.K. laid out plan to regulate the cryptocurrency industry. — The proposals include strengthening rules on crypto lending … | Leah Nylen / Bloomberg: |
Sources: a US judge rejects the FTC's bid for a preliminary injunction to block Meta's Within acquisition, giving the FTC one week to decide whether to appeal — Meta Platforms Inc. won court approval to buy virtual reality startup Within Unlimited, defeating an effort to block the deal … | Jennifer Elias / CNBC: |
Sources and documents: Google asks employees to test potential ChatGPT competitors, including Apprentice Bard, a chatbot that uses its LaMDA conversational tech — - Google is testing ChatGPT-like products that use its LaMDA technology, according to sources and internal documents acquired by CNBC.| Reed Albergotti / Semafor: |
Sources: Microsoft plans to update Bing with a faster version of OpenAI's ChatGPT, known as GPT-4, in the coming weeks; OpenAI plans to launch a ChatGPT app — Microsoft's second-place search engine Bing is poised to incorporate a faster and richer version of ChatGPT, known as GPT-4 … | Ashley Gold / Axios: |
A report by the White House's NTIA describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation to improve competition and choice — A new Biden administration report describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation … | Lauren Forristal / TechCrunch: |
Apple launches its MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, playoffs, and more for $14.99/month or $99/year — Today, Apple launched MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, Audi 2023 MLS Cup Playoffs … | Gerry Smith / Bloomberg: |
| Anna Nicolaou / Financial Times: |
Sources: UMG is in talks with Tidal and others to overhaul streaming economics to pay artists more; ideas include a “bonus pool” and “superfan” subscriptions — Group looks into options such as cracking down on bots and adding ‘superfan’ subscriptions| Tom Warren / The Verge: |
Nvidia is working to fix a Discord bug that slows the memory clocks on some of its GPUs by up to 200MHz, including the RTX 3080 and RTX 3060 Ti — Discord is slowing down graphics card memory clocks on some Nvidia GPUs. A recent Discord update has introduced a bug that slows down memory clocks … | Todd Spangler / Variety: |
Netflix adds spatial audio to its $20 per month Premium plan, available for over 700 of its most popular titles; Standard and Basic will get limited support — Listen to this: Netflix is hoping audiophiles will upgrade to the $20-per-month Premium tier to gain access to the streamer's full collection … | Nilay Patel / The Verge: |
An interview with Chris Miller, a Tufts professor and author of the book Chip War, on EUV lithography, ASML's role in global chip manufacturing, TSMC, and more — Professor Chris Miller's new book Chip War explains the complicated global politics inside your iPhone.| Jamie Crawley / CoinDesk: |
Indiana-based blockchain startup SIMBA Chain, which has worked on various US military projects, raised $30M from the US Air Force, after raising $1.5M in 2020 — The USAF has granted SIMBA Chain a $30 million funding increase as part of its aims of “identifying and advancing technologies … | Ben Lang / Road to VR: |
Meta's Ready at Dawn studio plans to shutter Echo VR, one of the best-rated and most popular free Quest games, after layoffs, to focus on “our next project” — As a parting gift, players can claim lots of premium cosmetic items for free — The Entire VR Industry in One Little Email| Mike Butcher / TechCrunch: |
Digital fingerprinting startup Addressable, which claims to have matched over 17M anonymous crypto wallets with social media accounts, raised a $7.5M seed — Marketo, which was developed - among other things.- to enhance marketing around social media users, ended up being acquired by Adobe.| Tage Kene-Okafor / TechCrunch: |
Cape Town-based Lulalend, which uses its proprietary credit scoring algorithm to offer short-term loans to SMBs, raised a $35M Series B and launches a neobank — In most African countries, access to credit remains limited for many small businesses, with the reasons ranging from the inability … | Bloomberg: |
| Chainalysis: |
Analysis: 2022 was the biggest year ever for crypto hacking, with $3.8B stolen, primarily from DeFi protocols and by the North Korea-linked Lazarus Group — 2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses.| Catherine Thorbecke / CNN: |
A look at Blind, an anonymous professional networking site that has emerged as a lifeline for tech workers seeking information and advice about the mass layoffs — In the week before Microsoft publicly announced plans to cut 10,000 jobs, thousands of workers at the tech giant who were eager … | Karl Brauer / Forbes: |
Cars & Bids, a car auction site founded by Doug DeMuro, a popular automotive YouTuber who has 4.5M subscribers, raised $37M from The Chernin Group — Doug DeMuro is arguably the most successful automotive YouTuber in the relatively short history of that young medium.| Cheyenne Ligon / CoinDesk: |
A US judge amends Sam Bankman-Fried's bail terms, prohibiting him from contacting any current or former FTX or Alameda employees and bans Signal and other apps — The tentative order was granted by a New York court on Wednesday after prosecutors asked the former FTX CEO's bail conditions to be amended last week.| David Satin / The Streamable: |
Peacock has stopped offering its free tier to new subscribers; existing users will continue to have access — Peacock will no longer offer their free tier for new subscribers, The Streamable has confirmed. Instead, new users who attempt to sign up for NBCUniversal's streaming service …
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| Jason Nelson / Decrypt: |
| Sohee Kim / Bloomberg: |
| Bill Toulas / BleepingComputer: |
| Sean Hollister / The Verge: |
| Kif Leswing / CNBC: |
| Jonathan Vanian / CNBC: |
| Ashley Capoot / CNBC: |