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Techmeme
January 2, 2024, 3:50 PM
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Top News

Counterpoint Research:
Global premium smartphone sales likely grew 6% in 2023; Apple had a 71% market share, down from 75% in 2022, Samsung had 17%, and Huawei had 5%, up from 3%  —  - As against the decline projected for the overall global smartphone market this year, the premium (wholesale price ≥$600) market's sales are likely to grow 6% YoY in 2023.
Ben Schoon / 9to5Google:
Telegram rolls out version 10.5 of its app, offering “totally redesigned” voice and video calls with new animations and backgrounds  —  Telegram is rolling out a new update, version 10.5.0, which delivers a new look and feel for voice and video calls, as well as a revamped delete animation that's now available on Android.
Bloomberg:
Sources: ASML canceled shipments of some of its machines to China at the US' request, weeks before export bans on the high-end chipmaking equipment took effect  —  - ASML canceled shipments of a liminted number of devices  — Biden is cracking down on Beijing's semiconductor industry
Ben Lovejoy / 9to5Mac:
A deal by the 38 OECD members that took effect on January 1 says that platforms must report users' earnings made on their services to local tax authorities  —  Apps like eBay and Airbnb will be reporting your earnings to tax authorities, under a new global agreement which took effect yesterday ...
Eric Lipton / New York Times:
Retiring generals and departing top Pentagon officials are increasingly flocking to VC firms that have pumped billions into defense tech startups like Anduril  —  Retired officers and departing defense officials are flocking to investment firms that are pushing the government to provide more money to defense-technology startups.
Sean Endicott / Windows Central:
Steam ended support for Windows 7, 8, and 8.1 on January 1, saying the app used a now-unsupported embedded Chrome version; <1% of Steam users are on those OSes  —  Less than 1% of Steam users are on Windows 7, 8, or 8.1, and that figure will soon be even lower.  —  What you need to know
Cory Weinberg / The Information:
Sources: Canva nears a deal to let longtime staff and investors sell $1B+ in stock to new investors at a $26B valuation, about the same as in a 2023 share sale  —  Design software startup Canva is nearing a deal that lets longtime employees and investors at the company sell more than $1 billion …
Reuters:
Bitcoin rises above $45K for the first time since April 2022, after gaining 156% in 2023, its best yearly performance since 2020, but far off its $69K peak  —  Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world's biggest cryptocurrency started the New Year …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:50 PM ET, January 2, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Josh Gerstein / Politico:
The firings of three Stars and Stripes journalists are on hold until September 4, when a judge set an injunction hearing to pause the firings during litigation

Matthew Keys / TheDesk.net:
SiriusXM will drop Howard Stern's Howard 101 channel while keeping Howard 100 as part of a programming shuffle to make room for Audacy sports radio stations

Gene Maddaus / Variety:
California lawmakers unveil a bill that changes state film and TV production tax credits to soften the impact of a new tax credit cap set on corporations

More News

Oliver Knight / CoinDesk:
Orbit Chain, which facilitates cross-blockchain transactions, loses ~$81M after an attack on its cross-chain bridge protocol, similar to hacks by Lazarus Group

Earlier Picks

Dan Primack / Axios:
Filing: Fidelity marks down its X stake, estimating the company in November 2023 was worth 28.5% of the $44B that Elon Musk paid, down from 33% in May 2023
Michael Acton / Financial Times:
A look at the future of Apple's $85B/year services business, as the company faces key US court cases in 2024 and prepares to allow iOS app sideloading in the EU
Keza MacDonald / The Guardian:
A profile of Mario and Zelda creator Shigeru Miyamoto, who joined Nintendo in 1977 and says he has no plans to retire as representative director at the company
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