October 16, 2023, 8:15 PM

Top News

Wall Street Journal:
Sources detail Netflix's deepening gaming push: more games based on its shows, including Squid Game and Wednesday, discussions about a GTA game, and more  —  Streamer to put greater emphasis on developing games based on its popular programming, including ‘Squid Game,’ ‘Wednesday,’ ‘Black Mirror’
Dan Goodin / Ars Technica:
Cisco says a zero-day flaw affecting its IOS XE software has been exploited in the wild since at least September 18; Shodan shows ~80K devices may be vulnerable  —  An unknown threat actor is exploiting the vulnerability to create admin accounts.  —  Cisco is urging customers to protect …
Jordan Novet / CNBC:
LinkedIn plans to lay off 668 staff, mostly from its engineering team, after cutting 716 jobs in May 2023; a source says LinkedIn is ramping up hiring in India  —  - LinkedIn is cutting almost 700 employees as revenue growth has slowed over the past two years.
Wes Davis / The Verge:
Stack Overflow lays off 100+ people, or 28% of its workforce, to “significantly” reduce its “go-to-market organization”, after doubling its size to 500+ in 2022  —  Coding help forum Stack Overflow is laying off 28 percent of its staff as it struggles toward profitability.
The Markup:
Analysis: X throttles traffic to Patreon, WhatsApp, and at times Messenger by 2.5 seconds on average; Patreon creators say doing so undermines their livelihood  —  Markup readers helped uncover the link delays, which also affect WhatsApp and Messenger.  —  Twitter is now slowing down traffic …
Stephen Council / SFGATE:
Bandcamp lays off about 50% of its workforce, or 58 employees, just weeks after the company was acquired by Songtradr from Epic Games  —  Bandcamp built a unique music business: profitable and good for artists with a popular editorial arm.  Now, half the employees at the Bay Area firm are losing their jobs …
Emily Nicolle / Bloomberg:
Binance halts user signups in the UK, after the FCA restricted a local partner's ability to approve communications for crypto companies with customers  —  - UK's financial promotions regime was widened to include crypto  — Exchange plans to hire a new approver for its communications
Ash Parrish / The Verge:
Mojang announces 300M+ copies of Minecraft sold in ~15 years; Rockstar's GTA V is the second best-selling game ever after reportedly selling ~185M in ~10 years  —  Today, it adds more down to that particular feather in its cap with the announcement that it has sold a staggering 300 million copies.
Tom Warren / The Verge:
Intel plans to launch its 14th Gen desktop CPUs on October 17, offering up to 6GHz for its flagship $589 Core i9-14900K and increased core count on the $409 i7  —  Intel is launching its 14th Gen desktop processors this week, promising boost frequencies of 6GHz out of the box for its flagship Core i9-14900K.
AnnaMaria Andriotis / Wall Street Journal:
Sources: Goldman wants to exit consumer lending and offload its Apple deal, possibly to Amex, which has taken issue with the Apple Card's loss rates and more  —  The bank, which reports third-quarter earnings Tuesday, is fighting profit declines and flagging stock
James Titcomb / Telegraph:
Israel plans to boycott Europe's biggest tech conference, Web Summit, after the event's co-founder accused Israel of war crimes, as many tech companies pull out  —  Dozens of companies pull out of Lisbon event following a wave of protest from tech bosses  —  Israel has said it will boycott …
Victoria Kennedy /
Bethesda Head of Publishing Pete Hines plans to leave after 24 years, just weeks after the release of Starfield, to begin an “exciting new chapter”  —  To begin “exciting new chapter”.  —  Bethesda exec Pete Hines has announced his retirement after 24 years at the company, just weeks after Starfield's launch.

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