Techmeme
April 10, 2023, 12:55 PM

Top News

New York Times:
A look at the impact of 34 US bitcoin mines and their extreme demand for energy, as the cost of electricity for locals increases in Texas and other areas  —  Bitcoin mines cash in on electricity — by devouring it, selling it, even turning it off — and they cause immense pollution.
IDC:
Apple's Mac shipments fell 40.5% YoY globally in Q1 2023, the largest drop among PC makers, as combined PC shipments fell 29% YoY to 56.9M units  —  Weak demand, excess inventory, and a worsening macroeconomic climate were all contributing factors for the precipitous drop in shipments …
Molly White / @molly0xfff:
[Thread] A look at a report from FTX debtors on the company's control failures, like awful recordkeeping, lying about using cold wallets, and sloppy key storage  —  The new team in charge of the FTX bankruptcy have released their first interim report on the failures of control at FTX and related businesses. It's 43 pages long, let's go through it 🧵 https://www.courtlistener.com/ ...
Amanda Silberling / TechCrunch:
Some Twitter users report that their Circle tweets, intended for a smaller group of people, are showing up in others' For You feeds  —  PSA: do not post your deepest darkest secrets on your Twitter Circle.  —  Numerous Twitter users are reporting a bug in which Circle tweets …
Igor Bonifacic / Engadget:
In a reversal, Twitter lets users like, retweet, and reply to tweets with Substack links, but searches with “Substack” still just give results for “newsletter”  —  In a reversal of a limitation the platform put in place earlier in the week, Twitter is once again allowing users …
Debby Wu / Bloomberg:
TSMC reports Q1 revenue up 3.6% YoY to ~$16.7B, below analysts forecasts, and March revenue down 15% YoY to ~$4.8B as electronics demand continues to fall  —  Taiwan Semiconductor Manufacturing Co. missed sales estimates for the second consecutive quarter in a sign of continued weakness in global electronics demand.
Mark Gurman / Bloomberg:
Sources: ~270 US Apple Stores held staff meetings about unionization risks in the past two weeks, using a unionized Towson, Maryland store as a cautionary tale  —  Apple is continuing its push to keep retail stores from unionizing.  Also: A deep look inside efforts to diversify the company's product …

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Christopher Mims / Wall Street Journal:

Earlier Picks

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Aidan McLaughlin / Mediaite: