Techmeme
January 10, 2024, 4:30 AM

Top News

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:
Cecilia D'Anastasio / Bloomberg:
Sources: Twitch could cut ~500 employees, or ~35% of its staff, as soon as January 10, after concerns over company losses and several top executives leaving  —  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 networking gear maker Juniper Networks for about $14B, or $40 per share, in an all-cash deal; JNPR jumps 21%+  —  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.
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 Heath / The Verge:
Source: Humane laid off 10 staff, or 4% of its workforce, to cut costs 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 …
Jason Koebler / 404 Media:
An investigation finds over 1,600 YouTube videos featuring celebrity deepfakes promoting Medicaid and Medicare scams; the videos have over 195M views in total  —  Joe Rogan, Taylor Swift, Andrew Tate, Steve Harvey, The Rock, and Oprah have been cloned by AI for scam ads that, in total …
Jon Brodkin / Ars Technica:
The FCC plans to shut down the two-year-old Affordable Connectivity Program, which currently has 23M enrolled households, as the GOP withholds funding  —  FCC must start winding down low-income program as Congress fails to add money.  —  The Federal Communications Commission is about to start winding …
Julian Chokkattu / Wired:
Startup Rabbit debuts the R1, a $199 handheld AI device meant to be a virtual assistant to complete tasks without a smartphone, shipping in late March 2024  —  The startup has developed a virtual assistant that learns whatever digital errands you teach it.  The interface is extra cute …
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
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.
Adam D'Angelo / Quora:
Quora raised $75M from Andreessen Horowitz and plans 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 …
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
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.
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.
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.
Bloomberg:
Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time  —  - Saudi Arabia dominates tech scene with 52% share of funding  — Overall regional funding drops 23% amid shifting landscape
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

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Zoho:
Top live chat software in 2025  —  When it comes to customer communication, every second counts for businesses because it leads to either a treasure trove or an empty cave.  To help with this …
SBS Comms:
Expect Better: SBS Comms  —  The media landscape is changing fast, so don't be slow — out with the old, in with the new.  SBS helps tech companies like GitHub, Cloudflare, Flexport, Ramp and more modernize comms and secure impactful results.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Arm Upends The Entire Semiconductor Industry
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Andy Price (Artisanal): Executive Hiring Advice from the Founder of Tech's Top Recruiting Firm
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Decoder with Nilay Patel:
The FCC is a weapon in Trump's war on free speech
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Generative Now:
Mike Krieger: Product Building Lessons from Co-Founding Instagram to Leading Product at Anthropic
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
Channels with Peter Kafka:
BuzzFeed wants to build a... social network?
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Marc Andreessen - The Battle For Tech Supremacy
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:30 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.

More News

The Economic Times:

Earlier Picks

Alex Konrad / Forbes:
Harry McCracken / Fast Company:
Mark Gurman / Bloomberg:
Emma Roth / The Verge: