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February 10, 2023, 6:25 PM
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| Dina Bass / Bloomberg: |
Sources: Microsoft cuts jobs in its Surface, HoloLens, and Xbox units; heavy cuts to the HoloLens hardware team raise questions about the third goggles version — Microsoft Corp., implementing the layoff of 10,000 workers announced last month, on Thursday cut jobs in units including Surface devices …
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Silicon Valley Business …, SiliconANGLE, Computerworld, GeekWire, The Register, Game Rant, Thurrott, Neowin, OnMSFT.com, iPhone in Canada Blog, Pure Xbox, and Slashdot
Tweets: @geronimo_73_, @tomwarren, and @dinabass
| Kevin McLaughlin / The Information: |
Source: Microsoft shut its Industrial Metaverse Core team, formed in October 2022 to build tools for industrial settings, and laid off the team's ~100 employees — In a surprising reversal, Microsoft has killed a team it formed four months ago to help customers use the metaverse in industrial settings … | Bloomberg: |
Source: PayPal is pausing work on its stablecoin as regulators increase their scrutiny of cryptocurrencies and its key partner Paxos faces a probe in New York — PayPal Holdings Inc. is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner …
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CoinDesk, The Information, Reuters, The Block, Fortune, Ethereum World News, Cryptopolitan, Crypto Daily, Coinspeaker, Forkast, and Cryptonews
| Brian Fung / CNN: |
Some under-resourced academic and civil-society researchers say a Twitter API paywall would jeopardize studies of influence campaigns and platform manipulation — For years, Twitter, like other social media platforms, has freely given its platform data to independent researchers …
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Silicon Republic, NPR, publication, Dark Reading, and Yahoo Finance
Mastodon: @natematias@social.coop. Tweets: @b_fung, @cat_zakrzewski, @viacristiano, @b_fung, and @b_fung
| Saksha Menezes / Bloomberg: |
Analysis: Apple's 2020-2022 revenue per new hire was $2.51M, up from $1.17M during 2017-2019, and above Meta's $0.79M, Microsoft's $1.06M, and other peers — There's a reason why Apple Inc. is under less pressure than tech peers to slash jobs during the current slowdown: It hired more efficiently in the first place.| Chris Stokel-Walker / Fast Company: |
Former staff say Twitter needs to update its systems to enact Elon Musk's asks, but the mass layoffs have brought code freezes and vast concurrent code changes — Twitter's outage on Wednesday, which saw the site rendered unusable for most users by blocking people from tweeting within the app …
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The Verge, The i Paper, 9to5Mac, and Neowin
| Manish Singh / TechCrunch: |
Sources: Amazon is in talks with Times Internet to acquire MX Player, a top VOD streaming service in India; Times Internet acquired MX Player for $140M in 2018 — Amazon is engaging with Times Internet to explore the acquisition of MX Player, one of the largest on-demand video streaming services in India … | Gabrielle Coppola / Bloomberg: |
A look at Otonomo and Wejo, two struggling startups trying to monetize connected car data; Otonomo plans to merge with roadside assistance tech startup Urgently — Auto companies promising billions in new software revenue by the end of the decade have been hiring engineers left and right … | Chloe Xiang / VICE: |
Researchers: some Reddit usernames and other keywords cause ChatGPT to give bizarre responses, likely due to the web data OpenAI scraped to train its model — Reddit usernames like ‘SolidGoldMagikarp’ are somehow causing the chatbot to give bizarre responses. — Chloe Xiang
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Metaverse Post and Moneycontrol
Tweets: @janusrose, @revhowardarson, @leighalexander, and @thurn_und_taxis
| Financial Times: |
Sources: China Telecom and China Mobile withdrew their ~20% investment in an Asia-Europe subsea cable project after US firm SubCom was chosen to build the line — Telecoms groups withdrew investment in Sea-Me-We 6, which will transmit data between Asia and western Europe
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Data Center Knowledge, Total Telecom, and CircleID
| Arjun Kharpal / CNBC: |
JD.com plans to launch an “industrial version” of a ChatGPT-like tool called ChatJD for retail and finance, after Alibaba's and Baidu's chatbot announcements — - JD.com said it will release an “industrial version” of ChatGPT called ChatJD. — It will be a chatbot product focused on the fields of retail and finance.
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SiliconANGLE, Slashdot, TechNode, Nikkei Asia, Reuters, Barron's Online, Livemint, and Tech Xplore. Tweets: @chrismessina
| SemiAnalysis: |
A look at the economics of Microsoft and Google inserting LLMs into search, crushing profitability and requiring massive capex, and the impact on the companies — $30B Of Google Profit Evaporating Overnight, Performance Improvement With H100 TPUv4 TPUv5 — OpenAI's ChatGPT took the world by storm …
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Forbes, Wired, CRN, Search Engine Roundtable, New World Same Humans, On the Other Hand …, and Insider
Tweets: @mcwm, @hkanji, @dylan522p, @dylan522p, @01core_ben, and @dylan522p
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