February 7, 2023, 1:00 PM

Top News

Tom Warren / The Verge:
A live blog of Microsoft's press event, where more details on its OpenAI partnership and ChatGPT for Bing are expected  —  Microsoft is holding a surprise event at its Redmond headquarters today, where it's expected to focus on its OpenAI partnership and introduce a version of Bing with ChatGPT.
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
Jess Weatherbed / The Verge:
Google plans to blur explicit images in search results by default “in the coming months” but let signed-in users over 18 turn off the new online safety feature  —  Google is introducing a new online safety feature to help users avoid inadvertently seeing graphically violent …
Salvador Rodriguez / Wall Street Journal:
Memo: Meta is revamping Horizon Worlds and plans to open the app to users aged 13 to 17, seeking to improve user retention as metaverse 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 Vision Fund lost ~$5B in Q3, its fourth straight quarterly loss, and less than $350M invested in a few startups, 95% below its $6B average pace  —  SoftBank Group Corp.'s first earnings report without founder Masayoshi Son went a lot like those he presided over the past few years …
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.
Sergiu Gatlan / BleepingComputer:
The LockBit ransomware gang claims responsibility for the 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 …
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 …
Amanda Hoover / Wired:
Mastodon reports having ~1.4M MAUs, after climbing from ~380K in October 2022 to over 2.5M in November, 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.
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 …
Mehnaz Yasmin / Reuters:
Toronto-based Hut 8 Mining plans to merge with Miami-based US Bitcoin Corp, creating Hut 8 Corp, a crypto mining giant in North America with a ~$990M market cap  —  Canada's Hut 8 Mining Corp. (HUT.TO) plans to merge with rival U.S. Bitcoin in an all-stock deal to create a mining giant in North America, the companies said on Tuesday.
Nintendo cuts its 2023 earnings and revenue outlook, including operating income from ~$3.8B to ~$3.6B, and lowers its Switch sales forecast 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.
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 …
WhatsApp updates Status with a Private Audience Selector, 30-second Voice Status messages, Status Reactions, and more, rolling out on iOS, Android, and the 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.

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