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January 12, 2024, 2:05 AM
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Top News

Casey Newton / Platformer:
Platformer is leaving Substack and migrating to Ghost, saying it doesn't believe Substack will publicly commit to proactively removing pro-Nazi material  —  We've seen this movie before — and we won't stick around to watch it play out  —  After much consideration, we have decided to move Platformer off of Substack.
Alex Heath / The Verge:
Internal memo: Discord CEO Jason Citron says the company is laying off 17% of its staff, or 170 people, after growing its workforce “by 5x since 2020”  —  Discord is laying off 17 percent of its staff, a move that CEO Jason Citron said is meant to “sharpen our focus and improve …
Reuters:
LSEG: US bitcoin ETFs saw $4.6B worth of shares traded on January 11, their first day of trading; Grayscale, BlackRock, and Fidelity dominated trading volumes  —  U.S.-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon …
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
Matt Levine / Bloomberg:
A look at SEC's hilariously grudging approval of bitcoin ETFs and the likelihood that they will be “physical” ETFs or interest-paying ETFs in the future
Sandali Handagama / CoinDesk:
Some crypto advocates welcome bitcoin ETFs as an inevitable part of going mainstream, while others worry they threaten the original promise of decentralization
Jordan Novet / CNBC:
Microsoft briefly unseated Apple as the world's most valuable publicly traded company in early trading on Thursday but closed out the day under Apple  —  - Microsoft on Thursday briefly unseated Apple as the world's most valuable publicly traded company in early trading but closed out the day under Apple.
Alanna Durkin Richer / Associated Press:
eBay will pay $3M to resolve charges over a harassment campaign by staffers who sent spiders and other disturbing items to those behind the EcommerceBytes blog  —  Online retailer eBay Inc. will pay a $3 million fine to resolve criminal charges over a harassment campaign waged by employees …
Jon Victor / The Information:
Alphabet Union says Wednesday's layoffs at Google impacted more than 1,000 people, making it the largest round of cuts since January 2023  —  A spokesman for a union representing workers at Google's owner, Alphabet, said Wednesday's layoffs at Google impacted more than 1,000 people …
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
Juli Clover / MacRumors:
Apple says Al Gore and James Bell will retire from its board this year, and Wanda Austin, ex-president and CEO of The Aerospace Corporation, will join the board  —  Both Al Gore and James Bell are retiring from Apple's board of directors, Apple announced today.
Jason Koebler / 404 Media:
Google formally endorses right to repair and will testify in favor of a law in Oregon, says regulators should ban “parts pairing”, a tactic used by Apple  —  Google says repair should be easy and “parts pairing” should be illegal.  —  Google formally endorsed the concept of right …
Tom Coates / plasticbag.org:
Notes on Meta's plans for Threads integration with the fediverse, which, at least superficially, the company is carrying out cautiously and in good faith  —  This is an exceptionally long post detailing pretty much everything I learned at an event shortly before Christmas at Meta's offices in San Francisco.
Carly Page / TechCrunch:
Ivanti confirms hackers are exploiting two critical vulnerabilities in its corporate VPN software, but says patches won't be available until the end of January  —  U.S. software giant Ivanti has confirmed that hackers are exploiting two critical-rated vulnerabilities affecting …
David W. Chen / New York Times:
As deepfakes warp elections overseas, US state legislators race to enact laws, with varying penalties, requiring disclosure of the use of AI in political ads  —  Sophisticated political deepfakes have warped elections overseas.  Can U.S. legislators act fast enough to make A.I. campaign ads more transparent?
Financial Times:
Sources: the UK plans to publish “key tests” that need to be met to pass new AI laws, including if its new AI Safety Institute fails to identify risks  —  Ministers keep threat of future curbs but persist with light-touch regulatory regime  —  The UK government is set to publish …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:05 AM ET, January 12, 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

The Guardian:
Ireland, Spain, Slovenia, and the Netherlands exit Eurovision after Israel received an all-clear to compete; the BBC and Germany's SWR plan to participate

James Faris / Business Insider:
Kalshi strikes a deal with CNBC that will integrate Kalshi's prediction data into CNBC's channel, site, and app starting in 2026, days after striking a CNN deal

Max Tani / Semafor:
Sources: Atlas Obscura's co-founders were pushed out of the company amid clashes with CEO Louise Story, who has trimmed staff and changed editorial strategy

More News

Shubham Sharma / VentureBeat:
1X, an OpenAI-backed developer of humanoid robots with plans to bring its bipedal robot NEO to the market, raised a $100M Series B from EQT Ventures and others
Naman Ramachandran / Variety:
Netflix removes an Indian film depicting a Hindu character eating meat after backlash from Hindu groups; producer Zee apologizes and plans to edit the film
Dina Bass / Bloomberg:
Google Cloud eliminates fees for customers who leave for a rival service, effective immediately, which may put pressure on Amazon and Microsoft to do the same

Earlier Picks

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
Charisma Madarang / Rolling Stone:
Dudesy, an AI-driven podcast curated by humans, releases an hour-long comedy special featuring an AI-generated recreation of George Carlin, who died in 2008
Reuters:
USDC stablecoin issuer Circle confidentially files for a US IPO, without saying the number of shares for sale or a price range; Circle was valued at $9B in 2022
Abner Li / 9to5Google:
Google plans to remove 17 “underutilized” Assistant features in February, including controlling audiobooks, media alarms, recipes, messages, events, and more
Emma Roth / The Verge:
After announcing the $199 R1 “Large Action Model” AI handheld at CES, Rabbit sold 10K units in one day; second batch orders are set to ship in April to May 2024
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