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January 10, 2024, 2:50 AM
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CoinDesk:
An X post from US SEC Chair Gary Gensler says that the @SECGov's “twitter account was compromised”, and that the agency has not approved spot bitcoin ETFs  —  The X account of the U.S. Securities and Exchange Commission, which is deciding whether to approve bitcoin ETFs, “was compromised,” the regulator told CoinDesk.
CNBC:
X confirms the @SECGov account was compromised and says “the compromise was not due to any breach of X's systems” and that the account didn't have 2FA enabled  —  - X said late Tuesday it has completed a preliminary probe into the compromised account of the U.S. Securities …
Cecilia D'Anastasio / Bloomberg:
Sources: Twitch could cut ~500 employees, or ~35% of its staff, as soon as January 10 amid concerns over company losses and after several top executives left  —  Move is designed to stem losses after two rounds of layoffs last year.  —  Amazon.com Inc.'s livestreaming site Twitch is poised …
Jordan Novet / CNBC:
HPE plans to acquire Juniper Networks for about $14B, or $40 per share, in an all-cash deal  —  Hewlett Packard Enterprise said in a statement on Tuesday that it plans to buy data center networking hardware maker Juniper Networks for about $14 billion, or $40 per share, in an all-cash deal.
Alex Heath / The Verge:
Source: Humane laid off 10 employees this week in a cost cutting measure and plans to lower budgets in 2024, as the company reshuffles some executive positions  —  Humane laid off 4 percent of employees this week in a move that was described as a cost cutting measure to those who were impacted …
Nelson Aguilar / CNET:
Google and Samsung merge their respective Nearby Share and Quick Share features under the Quick Share name, for a more unified cross-Android sharing experience  —  Apple has AirDrop.  Android now has Quick Share.  —  At CES 2024 today, Google announced Quick Share, a collaboration …
Gene Maddaus / Variety:
SAG-AFTRA signs a deal with AI voiceover company Replica Studios, requiring consent to create voice replicas for use in video games and safe storage of assets  —  The union announced the deal with Replica Studios on Tuesday at CES in Las Vegas.  Duncan Crabtree-Ireland, the union's executive director …
Alex Weprin / The Hollywood Reporter:
X announces new shows with former CNN host Don Lemon, former Hawaii congresswoman Tulsi Gabbard, and sports commentator Jim Rome, amid a push into video  —  The tech company also announced a 10-show deal with Range Media Partners, and a deal with Tulsi Gabbard.
Julian Chokkattu / Wired:
Startup Rabbit Inc. debuts the R1, a $199 handheld AI device meant to be a virtual assistant to complete tasks without a smartphone, shipping in late March  —  The startup has developed a virtual assistant that learns whatever digital errands you teach it.  The interface is extra cute …
Julie Carr Smyth / Associated Press:
A US federal judge temporarily halts the enforcement of a pending Ohio law that would require children to get parental consent to use social media apps  —  A federal judge issued an order Tuesday temporarily halting enforcement of a pending Ohio law that would require children to get parental consent to use social media apps.
Maxwell Zeff / Gizmodo:
Pennsylvania becomes the first US state to use ChatGPT Enterprise in a pilot with OpenAI, in which state employees will use AI tools for daily operations  —  State employees in Pennsylvania will begin using ChatGPT to assist with their work in the coming weeks.
Thomas Germain / Gizmodo:
X suspended several journalists and podcasters for hours with no explanation; Elon Musk says that sometimes real accounts get caught up in anti-spam/scam sweeps  —  Elon Musk's “free speech” social media platform banned a number of accounts recently critical of Israel.
Adam D'Angelo / Quora:
Quora says it raised $75M from Andreessen Horowitz, to be used to accelerate the growth of Poe and pay bot creators through its creator monetization program  —  We are excited to announce that we have raised $75M from Andreessen Horowitz.  This funding will be used to accelerate the growth of Poe …
Carly Page / TechCrunch:
In a first, the US FTC bans data broker Outlogic, formerly X-Mode Social, from selling phone location data and orders the company to delete all collected data  —  The U.S. Federal Trade Commission has banned the data broker X-Mode Social from sharing or selling users' sensitive location data, the federal regulator said Tuesday.
Julie Jargon / Wall Street Journal:
Meta plans to start automatically restricting teen Instagram and Facebook accounts from harmful content, including posts about self-harm, in the coming weeks  —  Efforts to curb harmful material and reduce unwanted interactions with teen social-media accounts come as states sue parent company Meta
Financial Times:
Demis Hassabis, chief of DeepMind spinout Isomorphic Labs, believes the company would halve drug discovery times after inking deals with Eli Lilly and Novartis  —  Chief of Google's AI unit and Isomorphic Labs spells out targets following $3bn Eli Lilly-Novartis partnerships
Jane Lanhee Lee / Bloomberg:
TSMC reports December 2023 revenue down 8.4% YoY to ~$5.7B, Q4 revenue flat YoY to ~$20.1B, beating estimates, and 2023 revenue down 4.5% YoY to ~$69.56B  —  - Chipmaker's holiday period stopped bleeding of prior quarters  — TSMC has advised cautious optimism about semiconductor rebound
More: Reuters and TSMC
Manish Singh / TechCrunch:
Bank of America values Jio Platforms at $107B, up 64.6% from $65B in 2020 when the Indian telecoms and digital conglomerate raised $20B+ from Meta and others  —  Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani's Jio Platforms, valuing the Indian telecoms …
Bloomberg:
Beijing's judicial bureau says a state-backed institution cracked Apple's AirDrop to identify message senders, and police found multiple suspects via the method  —  - Beijing agency claims to have found way to identify senders  — Declaration follows efforts to crack down on sensitive content

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:50 AM ET, January 10, 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

Financial Times:
Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4

Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.

Pamela McClintock / The Hollywood Reporter:
A look at Paramount's culture shift under David Ellison, where the focus is on male-driven action movies, and not on prestige films seen as critics' darlings

More News

The Economic Times:
Bengaluru-based Impact Analytics, which offers retail, grocery, CPG, and supply chain planning and merchandising software, raised $40M led by Sageview Capital
Alex Konrad / Forbes:
Keith Rabois is returning to Khosla Ventures as a managing director, after five years at Founders Fund

Earlier Picks

Jon Porter / The Verge:
Asus revamps the Zenbook Duo with two 14" 120Hz OLED displays and a detachable bluetooth keyboard; in the UK it will debut in late January for £1,699
Harry McCracken / Fast Company:
Microsoft finds a material that could replace ~70% of lithium in a battery, by using Azure Quantum Elements HPC resources to run simulations and AI models
Mark Gurman / Bloomberg:
Amazon announces Matter Casting, an Apple AirPlay-like feature to send videos from Android and iOS to Amazon devices, initially supporting Echo Show devices
Emma Roth / The Verge:
Apple plans to ship the $3,499+ Vision Pro on February 2 in the US, after opening pre-orders on January 19 at 8am ET, with a Solo Knit Band and a Dual Loop Band
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