Techmeme
February 2, 2023, 12:20 PM

Top News

TechCrunch:
Twitter plans to end free access to its API starting February 9, shuttering support for both v1.1 and v2, and will launch a “paid basic tier” instead  —  Twitter will discontinue offering free access to the Twitter API starting February 9 and will launch a paid version …
More: Gizmodo, The Verge, SiliconANGLE, Ars Technica, CNET, Wall Street Journal, The Register, XDA Developers, CNBC, PCMag, Forbes, Developer Tech News, NewsBTC, Social Media Today, BGR, MobileSyrup, Scripting News, Neowin, Coinspeaker, TechCircle, Pixel Envy, and BetaNews
Subrat Patnaik / Bloomberg:
After a big decline in 2022, Meta's stock has risen 72%+ since November 3, one of the S&P 500 Index's best-performing stocks, adding $200B+ to its market cap  —  A spectacular turnaround in Meta Platforms Inc.'s stock is bringing back flashes of Big Tech heydays.
Meta:
Meta reports Q4 revenue down 4% YoY to $32.2B, net income down 55% YoY to $4.7B, and family daily active people up 5% YoY to 2.96B; stock jumps 24%+  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2022.
Ben Thompson / Stratechery:
Taylor Hatmaker / TechCrunch:
CNBC:
Karissa Bell / Engadget:
Jordan Novet / CNBC:
Krystal Hu / Reuters:
UBS study: ChatGPT reached ~100M MAUs with ~13M daily unique visitors in January, two months after launch, becoming the fastest-growing consumer app ever  —  ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January, just two months after launch …
Kyle Wiggers / TechCrunch:
Tom Warren / The Verge:
Sony announces a beta version of Discord for the PlayStation 5 in the US, Canada, Japan, and the UK, adds Variable Refresh Rate support for 1440p, and more  —  Beta testers will be able to join Discord voice calls on a PS5 console in the US, Canada, Japan, and UK starting today.
Bloomberg:
Sony reports Q3 sales rose 13% YoY to ~$26.4B as operating profit drops 8% YoY to ~$3.3B, beating analyst estimates; PS5 sales were 7.1M, up from 4M YoY  —  Sony Group Corp. revised up its full-year profit outlook after earnings beat estimates and the company had its best quarter of PlayStation 5 sales.
Marissa Newman / Bloomberg:
Legal documents: Meta paid Bright Data to scrape data from other websites for years while publicly condemning the practice and suing companies over scraping  —  Facebook owner Meta Platforms Inc. for years paid a contractor to scrape data from other websites while publicly condemning …
Nicole Herskowitz / Microsoft 365 Blog:
Microsoft's Teams Premium hits general availability for $10 per user per month; AI-generated notes by OpenAI's GPT-3.5 are set to arrive “in the coming months”  —  As we face economic uncertainties and changes to work patterns, organizations are searching for ways to optimize …
Mark Gurman / Bloomberg:
Sources: Apple has decided not to replace its VP of Industrial Design Evans Hankey; its core group of ~20 industrial designers will report to COO Jeff Williams  —  Apple Inc. has decided against naming a new executive to replace its departing top product designer, marking a stark shift …
Wall Street Journal:
TikTok's recent charm offensive, including the tour of its LA-based Transparency and Accountability Center, echoes Huawei's unsuccessful strategy in Europe  —  Chinese-owned app is taking steps that are similar to largely unsuccessful tactics used by the telecom giant  —  How TikTok Could Become a U.S. Company
Olga Kharif / Bloomberg:
Chainalysis plans to cut under 5% of its staff as part of a reorganization; in January, its CEO said the company plans to grow staff by 11% and expand globally  —  Chainalysis Inc., a company that specializes in tracking crypto transactions and the entities behind them, said it's made layoffs affecting less than 5% of staff.
Emma Roth / The Verge:
Netflix says US password sharing rules haven't been set yet, removes rules from its US help page that said users must connect to a “primary Wi-Fi” every 31 days  —  Based on info sourced from Netflix's support pages, The Streamable reported on Tuesday details about its upcoming anti-password sharing efforts.
Jonathan Stempel / Reuters:
A US judge dismissed a proposed class action lawsuit accusing Coinbase of selling unregistered securities and failing to register as a broker-dealer  —  A U.S. judge on Wednesday dismissed a proposed class action lawsuit by Coinbase Global Inc (COIN.O) customers who accused the cryptocurrency exchange …
Ali Breland / Mother Jones:
Kiwi Farms, a forum for online harassment campaigns, has managed to stay online after being dropped by Cloudflare, as posters congregate on Telegram and Discord  —  If you or someone you care about may be at risk of suicide, call or text the National Suicide Prevention Lifeline …

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