February 7, 2023, 11:50 AM

Top News

James Vincent / The Verge:
Ex-Coinbase manager Ishan Wahi pleads guilty to two counts of conspiracy to commit wire fraud, after his brother Nikhil was sentenced to 10 months in January  —  A former Coinbase Global Inc (COIN.O) product manager pleaded guilty on Tuesday in what U.S. prosecutors have called …
Matthew Panzarino / TechCrunch:
An interview with Apple executives Tim Millet and Bob Borchers on M2, building on M1, transitioning from Intel, the future of Mac gaming, Metal APIs, and more  —  On M2 chips, Mac mini and how the Mac will thrive in gaming  —  Apple's M series chips were incredibly well telegraphed when they arrived in late 2021.
Financial Times:
Filings: Digital Currency Group begins selling shares in investment vehicles run by its subsidiary Grayscale at a steep discount, seeking to repay creditors  —  Digital assets conglomerate sells down holdings in prized investments at a discount to pay creditors
Gemini plans to provide up to $100M to Genesis' bankruptcy recovery, mainly for its Earn users, who had ~$900M of assets frozen when Genesis paused withdrawals  —  - Crypto exchange Gemini will contribute $100 million in cash to a recovery plan for bankrupt crypto lender Genesis.
Salvador Rodriguez / Wall Street Journal:
Internal memo: Meta plans to revamp Horizon Worlds, including opening the app to users aged 13-17, seeking to improve user retention as competition intensifies  —  Memo highlights social-media giant's plan to revitalize app, boost users in 2023  —  Facebook parent Meta Platforms Inc. META 1.29%increase …
SoftBank reports a ~$5B loss for its Vision Fund in Q3, its fourth straight quarterly loss, and investments of less than $350M in only a few startups  —  SoftBank Group Corp.'s first earnings report without founder Masayoshi Son went a lot like those he presided over the past few years …
Ron Amadeo / Ars Technica:
Samsung Galaxy S23 users say the smartphone uses ~60GB of its storage for Android and pre-installed apps, four times more than the Google Pixel 7 Pro's ~15GB  —  Samsung's Android build is 4x bigger than Google's—twice the size of Windows 11.  —  As a smartphone operating system …
Sergiu Gatlan / BleepingComputer:
The LockBit ransomware gang claims responsibility for an attack on the UK's Royal Mail that halted international shipping, contradicting an earlier statement  —  The LockBit ransomware operation has claimed the cyberattack on UK's leading mail delivery service Royal Mail that forced the company …
Zheping Huang / Bloomberg:
Baidu's stock jumps 15%+ after the company announced plans to add its ChatGPT-like service “Wenxin Yiyan”, or “Ernie Bot” in English, to search in March 2023  —  Baidu Inc. surged more than 15% after affirming it's on track to publicly roll out its ChatGPT-like service in March …
Erin Woo / The Information:
Internal Twitter document: just ~180,000 US users paid for Blue and other subscriptions as of mid-January, implying ~$28M annual subscription revenue globally  —  Around 180,000 people in the U.S. were paying for subscriptions to Twitter, including Twitter Blue, as of mid-January …
Amanda Hoover / Wired:
Mastodon reports having ~1.4M MAUs, after climbing in two months from 380K MAUs to 2.5M+ in November 2022, as many newcomers complain the service is hard to use  —  Active users have fallen by more than 1 million since the exodus from Elon Musk's Twitter, suggesting the decentralized platform is not a direct replacement.
Nintendo cuts its full-year earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and revises Switch sales forecasts from ~19M to ~18M  —  Nintendo Co. cut its full-year earnings and revenue outlook, underscoring uncertainty around its aging Switch console and the global gaming environment.
WhatsApp updates Status, adding a Private Audience Selector, Status Reactions, 30-second Voice Status messages, and more, rolling out on iOS, Android, and web  —  WhatsApp has just announced a set of new features for status updates, which will be available to users on both iOS and Android devices over the coming weeks.

Sponsor Posts
Free compensation benchmarking data from 3,000 startups  —  Search by job title and get FREE access to market pay data.  Paid version helps HR teams automate comp reviews and communicate total compensation to employees.
Personalized wealth management, built for tech people  —  Managing your finances and taxes is complicated.  Compound is how people at companies like Stripe, OpenAI, and Discord make smart decisions about their money.
Why Zoho Sign is a great alternative to Adobe Acrobat Sign  —  At Zoho, we build products from the ground up that offer unmatched value to users.  Our vision is to serve as the operating system for business …
Unlock a new pipeline channel: your existing customers  —  With tightening budgets, Lantern helps B2B companies drive more qualified leads and expand existing business.
Techmeme Ride Home:
Fri. 06/02 - An Amazon Prime Phone Service?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:50 AM ET, February 7, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Natasha Singer / New York Times:

Earlier Picks

Rohan Goswami / CNBC:
Apurva Venkat / CSO:
Tom Warren / The Verge:
Helene Braun / CoinDesk: