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Techmeme
January 4, 2024, 4:50 AM
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Top News

Sarah Martin / The Guardian:
The CEO of collapsed crypto fund HyperVerse, introduced to investors in 2021, doesn't appear to exist; Chainalysis: HyperVerse's 2022 consumer losses were $1.3B  —  Exclusive: Steven Reece Lewis was introduced to investors with an impressive list of qualifications and achievements, but no organisation cited can find any record of him
Lorenzo Franceschi-Bicchierai / TechCrunch:
In a letter to a group of victims of its October 2023 breach, 23andMe blames them, saying that “users negligently recycled and failed to update their passwords”  —  Facing more than 30 lawsuits from victims of its massive data breach, 23andMe is now deflecting the blame …
Tom Warren / The Verge:
Microsoft announces a new Copilot keyboard key, shipping in new PCs and laptops from partners, the first major change to Windows PC keyboard layouts in 30 years  —  Microsoft wants 2024 to be “the year of the AI PC,” and it's kicking things off with a significant change to the keyboard on new laptops and PCs.
The Information:
TikTok plans to raise TikTok Shop's US seller fees from 2% to 8% over the next few months; a source says TikTok has started reducing some merchant subsidies  —  TikTok powered early growth in its U.S. shopping service by offering low sellers' fees and footing the bill for deep discounts.
Ashley Capoot / CNBC:
Xerox plans to cut 15% of its workforce as part of a restructuring; the company had ~20,500 employees as of December 31, 2022, per an SEC filing; XRX drops 12%+  —  - Xerox announced plans to cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model.
Justine Calma / The Verge:
Researchers built three AI models to analyze 2,000TB of maritime satellite imagery and create the first global map of vessel traffic and offshore infrastructure  —  Using satellite imagery and AI, researchers have mapped human activity at sea with more precision than ever before.
Todd Shields / Bloomberg:
SpaceX launches its first six Starlink satellites capable of offering mobile phone service as part of its Direct to Cell service in partnership with T-Mobile US  —  - Starlink satellites capable of connecting to normal phones  — Companies racing toward service via cell towers in space
Jay Peters / The Verge:
Twitch changes its sexual content policies again and says the platform won't allow streamers to “imply or suggest that they are fully or partially nude”  —  Twitch is changing its sexual content policies again, this time to prohibit implied nudity on the platform.
Kari Paul / The Guardian:
Q&A with Jacob Bakkila, who ran the popular @Horse_ebooks Twitter account for two years, on the inspiration for the language bot, AI chatbots, and more  —  By reusing and repurposing existing writing into viral fragments on Twitter, the account functioned like today's chatbots.
Macauley Peterson / Blockworks:
Etherscan, the leading block explorer for Ethereum that was founded in 2015, acquires Solscan, a block explorer for Solana founded in 2021  —  Solscan and Etherscan “share a vision of providing credibly neutral and equitable access to blockchain data,” the teams say

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This is a Techmeme archive page. It shows how the site appeared at 4:50 AM ET, January 4, 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

Janko Roettgers / The Verge:
Apple TV relies on a few tentpole titles to draw audiences, like HBO did in the past, while Netflix uses its catalog size and algorithms to keep viewers engaged

Malcolm Ferguson / New Republic:
60 Minutes correspondent Cecilia Vega was fired while working on a feature on Francesca Albanese, UN special rapporteur on the Palestinian territories

Kari McMahon / A Media Operator:
6AM City is profitable as of Q1, expects a profit margin of 10%-20%, has 19 editor-led and 400+ AI-written newsletters with plans for 1500 in the coming months

More News

Noam Scheiber / New York Times:
The US NLRB accuses SpaceX of illegally firing eight employees in 2022 for circulating a letter critical of founder and CEO Elon Musk
Stephen Nellis / Reuters:
Intel spins out Articul8, an AI company backed by DigitalBridge and others; executives did not share the deal's value or if Intel would retain a majority stake
Fred Wilson / AVC:
2024 predictions: AI will help make Web3 usable in mainstream applications and Web3 will help us trust AI, Web3 regulatory clarity, flat VC investing, and more

Earlier Picks

Krisztian Sandor / CoinDesk:
SEC filing: MicroStrategy Executive Chairman Michael Saylor begins selling $216M worth of shares; Saylor remains “optimistic about MicroStrategy's prospects”
Iyaz Akhtar / PCMag:
Samsung plans to hold its next Galaxy Unpacked event on January 17 at 10am PT in San Jose, and streamed on YouTube, to showcase new Galaxy devices and Galaxy AI
Leo Schwartz / Fortune:
Fidelity and other spot bitcoin ETF issuers jockey for an early advantage to attract investors, ahead of reported SEC approvals to launch as soon as January 10
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