January 11, 2024, 2:10 AM

Top News

Jesse Hamilton / CoinDesk:
US SEC Chair Gary Gensler concedes that losing in court after rejecting Grayscale's spot bitcoin ETF left the agency with little choice but to approve such ETFs  —  The SEC chair said a court forced his hand and that the agency's decision to greenlight a spot bitcoin ETF doesn't signal support of that or any other digital asset.
The US SEC approves spot bitcoin ETFs from BlackRock, Grayscale, ARK 21Shares, Bitwise, WisdomTree, Fidelity, VanEck, Invesco, Valkyrie, Hashdex, and Franklin  —  The U.S. Securities and Exchange Commission has approved 11 spot bitcoin exchange-traded funds, including those of Grayscale …
Rachel Metz / Bloomberg:
OpenAI debuts a GPT Store for paid users to share and find custom chatbots and plans to start sharing revenue in Q1; users have already made 3M+ chatbots so far  —  The store will feature a bot leaderboard, and will eventually introduce payments.  —  OpenAI has launched an online store …
Kyle Wiggers / TechCrunch:
OpenAI launches ChatGPT Team, a new subscription plan for teams of up to 149 people, for $30 per user per month, or $25 per user per month billed annually  —  OpenAI is launching a new subscription plan for ChatGPT, its viral AI-powered chatbot, aimed at smaller, self-service-oriented teams.
Abner Li / 9to5Google:
Google is reorganizing the Devices & Services teams working on the Pixel, Fitbit, and Nest; Fitbit co-founders James Park and Eric Friedman are leaving Google  —  Google is reorganizing the Devices & Services teams responsible for Pixel, Nest, and Fitbit hardware.
More: Android Authority, The Verge, and Neowin
Threads: @ztlaidlawBluesky: @mhwilliams.bsky.socialX: @jrichlive
Ivan Mehta / TechCrunch:
X quietly removes the ability for paying subscribers to set an NFT as a profile picture, a feature Twitter launched in January 2022 for Twitter Blue subscribers  —  On Tuesday, Elon Musk's X wrote about a grand vision for the company in 2024, which includes launching peer-to-peer payments and more AI-powered tools.
The Verge:
Twitch CEO Dan Clancy confirms plans to cut 500+ jobs, or ~35% of its staff, and says its workforce was oversized for its business' size, after March 2023 cuts  —  Twitch is laying off more than 500 employees, or around 35 percent of its staff, Twitch CEO Dan Clancy announced this morning.
Alex Weprin / The Hollywood Reporter:
Sources: OpenAI is in talks with CNN and Fox Corp. to license their text, video, and image content; Time “is in discussions with OpenAI” about a content deal  —  - Startup has said it's in discussions with dozens of publishers  — Negotiations come as OpenAI faces New York Times lawsuit
Todd Spangler / Variety:
Netflix says its ad tier has 23M+ MAUs globally, up from 15M+ in November 2023, and 85% of customers on the ad tier are streaming for over 2 hours per day  —  Netflix is seeing strong growth of its advertising-based plan, having recently eclipsed 23 million global monthly active users, president of advertising Amy Reinhard said.
Joe Rossignol / MacRumors:
The US ITC files its opposition to Apple's motion for the Watch Series 9 and Watch Ultra 2 sales ban to remain paused for the duration of the company's appeal  —  The U.S. International Trade Commission (ITC) today formally opposed Apple's motion for the Apple Watch sales ban to remain paused for the duration of Apple's appeal.
Kat Bailey / IGN:
John Timmer / Ars Technica:
Harvard spinout QuEra, a quantum computing startup, plans to release an error-corrected quantum computer with 10,000 physical and 100 logical qubits by 2026  —  Company builds on recent demonstration of error-tracking in similar hardware.  —  On Tuesday, the quantum computing startup Quera laid …
Madhumita Murgia / Financial Times:
Sources: OpenAI, Inflection, and Cohere held back-channel talks on AI safety with Chinese state-backed groups in Geneva in July 2023 and October 2023  —  OpenAI, Inflection and Cohere held back-channel talks with Chinese state-backed groups in Geneva  —  US artificial intelligence companies OpenAI …

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More News

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New York Times:
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