January 10, 2024, 4:30 AM

Top News

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.
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.  — 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.
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

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