Techmeme
March 7, 2023, 1:25 PM

Top News

Bloomberg:
Sources: Meta plans to cut thousands of jobs as soon as this week after eliminating 13% of its staff, or 11,000 jobs, in November 2022 in its first major layoff  —  Meta Platforms Inc., the owner of Facebook and Instagram, is planning a fresh round of layoffs and will cut thousands of employees …
Filipe Espósito / 9to5Mac:
Sources: Apple's upcoming 15-inch MacBook Air, 13-inch MacBook Air, and 13-inch MacBook Pro will feature an 8-core M3 chip, the same core count as the M1 and M2  —  We've been hearing rumors about a new MacBook Air for a while, but some details about it remain unclear. 9to5Mac has now heard …
Harshit Rastogi / Counterpoint Research:
Analysis: in 2022, Apple had eight of the top 10 best-selling smartphones, led by the iPhone 13 and 13 Pro Max; Samsung's Galaxy A13 was 4th and A03 came 10th  —  - Apple captured eight spots in the list of top 10 best-selling smartphones for 2022.  — The remaining two spots were taken by Samsung's Galaxy A13 and A03 models.
Emma Roth / The Verge:
Apple announces a yellow finish for the iPhone 14 and 14 Plus, the latest new spring color after “alpine green” in 2022, shipping on March 14  —  Unlike last year, the new color variant won't be available for the Pro models and will only ship with the base iPhone 14 and the 14 Plus.
George Hammond / Financial Times:
Many VCs question whether generative AI startups, currently attracting huge valuations, will make enough money, fearing a repeat of the crypto investment hype  —  Silicon Valley VCs fearing a repeat of falling crypto values warn against pouring cash into hype-fuelled start-ups
The Block:
FTX files a lawsuit against Grayscale, CEO Michael Sonnenshein, DCG, and Barry Silbert, citing $1.3B+ in “exorbitant management fees” and seeking $550M+ shares  —  - FTX' debtors are suing Grayscale Investment, its owners and its CEO over their handling of the Grayscale Bitcoin …
New York Times:
After Instagram added a prompt to cross-post on Facebook, sources say at Meta's request, some young adults express surprise that their posts are on Facebook  —  Teenagers and young adults are flummoxed.  The reason it keeps happening involves an online prompt and product design.
Andrew Marino / The Verge:
Q&A with Sonos CEO Patrick Spence and producer Giles Martin on the new Era 300 and 100 speakers, spatial audio, Atmos, sustainability, Google lawsuit, and more  —  They join The Vergecast to discuss Sonos' new Era 300 and 100 speakers, the ins and outs of spatial audio, and why this is the time to get behind it.
Jordan Novet / CNBC:
Salesforce announces Einstein GPT, bringing OpenAI-based generative AI to Customer 360, Slack, Tableau, and its other products using data from its Data Cloud  —  - Salesforce clients will be able to exchange Slack messages with a ChatGPT chatbot that can show data from Salesforce.
Todd Spangler / Variety:
TikTok launches Series, letting select creators sell Collections of up to 80 paywalled videos, each up to 20 minutes; creators initially keep 100% of earnings  —  TikTok is opening up a new monetization spigot for creators on the popular short-form video app.

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Earlier Picks

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Associated Press: