| Reuters: |
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 … | 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.| Sarah Wynn / The Block: |
| Louise Matsakis / Semafor: |
Google lays off hundreds of staff working on Assistant and says the restructuring would help improve Assistant as the company explores integrating newer AI tech — Google is laying off hundreds of people working on its voice-activated Google Assistant software and eliminating a similar number … | Abner Li / 9to5Google: |
Google reorganizes its 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.| Nico Grant / New York Times: |
Sources: several hundred employees from Google's core engineering division received notices that their roles were eliminated and lost corporate access — The company, which has been working to trim expenses, laid off employees who worked on core engineering, the Google Assistant product and hardware such as the Pixel phone.| Krystal Hu / Reuters: |
Ripple Labs, creator of the XRP cryptocurrency, plans to buy back $285M in shares from early investors and employees, sources say at an $11.3B valuation — Cryptocurrency company Ripple Labs, known for its XRP coins, is buying back $285 million worth of shares in the company from early investors … | Abner Li / 9to5Google: |
Google plans to remove 17 “underutilized” Assistant features in February, including voice-controlled Play Books audiobooks, media alarms, and Calm meditation — Bard is the future of Assistant. Ahead of that happening, Google announced today that Assistant features with low usage will be removed in February.| Reuters: |
USDC stablecoin issuer Circle confidentially files for a US IPO, without saying the number of shares for sale or price range; Circle had a $9B valuation in 2022 — Circle Internet Financial, the company behind stablecoin USDC, said on Thursday that it had confidentially filed … | 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: |
| Dominic-Madori Davis / TechCrunch: |
PitchBook: female-founded US companies raised $44.4B out of $170.59B in VC funding in 2023; companies with all-female founding teams raised ~$3.1B, down 39% YoY — Female-founded companies in the U.S. raised $44.4 billion out of the $170.59 billion in venture capital allocated last year.| Moneycontrol: |
ByteDance plans to shut down music streaming service Resso in India on January 31, after removing the App Store and Google Play apps in mid-December 2023 — ByteDance said all existing users of Resso in India will be offered a full refund for the remainder of their subscription fees| 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.| Matt Burgess / Wired: |
A researcher finds 800GB of data online tied to school software maker Raptor, used by 5,300+ US districts, including evacuation plans and student medical files — More than 4 million school records, including safety procedures, student medical files, and court documents, were also publicly accessible online.| Bloomberg: |
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| Emma Roth / The Verge: |
After announcing the $199 R1 “Large Action Model” AI handheld at CES, Rabbit sold 10,000 units in one day; second batch orders should ship in April to May 2024 — The R1, the pocket-size gadget from Rabbit that's supposed to use your apps for you, has already sold out of its first batch.| Bloomberg: |
After spending $13M+ on US lobbying in the past decade, Huawei quietly shutters its in-house lobbying operation, ending an effort to overturn the US bans — - Chinese firm lost its last Washington fixers in recent months — Hired hands and Huawei itself have told Congress they're done| Bloomberg: |
Sources describe how AI replaced the metaverse as Mark Zuckerberg's top priority, leading Meta to ruthlessly cut jobs and focus on quickly releasing AI products — Meta's founder has become deeply engaged in his company's AI efforts ahead of its 20th anniversary, but his close attention hasn't always proved to be a recipe for success.| Charisma Madarang / Rolling Stone: |
Dudesy, a podcast generated by AI and curated by humans, releases an hour-long comedy special featuring an AI recreation of George Carlin, who died in 2008 — The hour-long special arrived from Dudesy, a podcast run by artificial intelligence … Following the special's release …
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| Chris Velazco / Washington Post: |
| John Timmer / Ars Technica: |
| Joe Rossignol / MacRumors: |
| Rohan Goswami / CNBC: |
| Ivan Mehta / TechCrunch: |
| Maria Sherman / Associated Press: |
| Kat Bailey / IGN: |