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Techmeme
January 23, 2024, 10:35 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple pivots to a less ambitious design for its upcoming EV, from Level 4 autonomy to Level 2+, and pushes back its launch from 2026 to 2028 or later  —  - After board meetings, car downgraded to Level 2+ autonomy  — Company pushes back launch from 2026 to 2028 at the earliest
Emma Roth / The Verge:
Netflix says it's looking to retire its ad-free Basic plan in some countries where ad-supported plans are available, starting with Canada and the UK in Q2  —  Although Netflix no longer allows new or returning members to sign up for the ad-free Basic subscription that costs $11.99 per month …
CNBC:
Netflix buys the exclusive rights to WWE programs like Raw, airing in 2025 in the US, Canada, Latin America, and more; filing: the 10-year deal is worth $5B+  —  - Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE's flagship program Raw starting next year.
Sarah Whitten / CNBC:
Netflix Q4: revenue up 12.5% YoY to $8.83B vs. $8.71B est., paid memberships up 12.8% to 260.3M vs. 256M est., net income of $938M, up from $55M; NFLX jumps 8%+
Sarah Perez / TechCrunch:
Google announces AI features for Chrome on Mac and Windows: Organize Similar Tabs and custom themes rolling out soon in the US, and Help Me Write in February  —  Google's Chrome web browser is getting an infusion of AI technology in the latest release.  The company announced today it's soon adding …
Jonathan Vanian / CNBC:
eBay plans to cut ~1,000 roles, or ~9% of full-time employees, and to scale back the contracts it has within its alternate workforce over the coming months  —  This is breaking news.  Please check back for updates.  — CNBC Councils  — CNBC on Peacock  — Join the CNBC Panel
Basith Rahman P P / MySmartPrice:
Alleged renders of Google's Pixel 9 Pro show a ~6.5-inch display, smaller than the Pixel 8 Pro's, a refreshed camera island with three cameras, and a flat frame  —  The upcoming Google Pixel 9 Pro might feature a smaller flat display compared to the Pixel 8 Pro.  —  HIGHLIGHTS
Sarah Perez / TechCrunch:
X adds support for passkeys for US-based iOS users; the announcement comes shortly after the hack of the US SEC's X account  —  X, formerly Twitter, today announced support for passkeys, a new and more secure login method than traditional passwords, which will become an option for U.S. users on iOS devices.
The Information:
Source: Brex told employees that the fintech is cutting 282 jobs, or ~20% of its staff, saying the team grew “too quickly” and its CTO and COO are stepping down  —  Brex is cutting 20% of its workforce and shaking up senior management ranks in a new effort to slash its cash burn …
Aisha Malik / TechCrunch:
Google unveils a new Gemini-powered chat-based tool in Google Ads to build Search ad campaigns, out in beta to all English language advertisers in the US and UK  —  Google announced today that Gemini, its family of multimodal large language models, now powers the conversational experience within the Google Ads platform.
Sean Hollister / The Verge:
Framework Laptop 16 review: the modular system offers unprecedented customization, is competent at mid-range gaming, but ran hot, froze, and glitched in testing  —  The Framework Laptop 16 is the most ambitious notebook I've ever touched.  There's never been anything like it before.
Bloomberg:
Supermicro stock has jumped 430%+ since early 2023 amid an AI frenzy, outpacing Nvidia and boosting the value of its founder's 12% stake, plus options, to $3.3B  —  - Charles Liang founded Super Micro in 1993 with wife Sara Liu  — Company's shares gained more than 430% since the start of 2023
Ian King / Bloomberg:
Texas Instruments reports Q4 revenue down 13% YoY to $4.08B, vs. $4.13B est., and FY 2023 sales down ~13% YoY, the company's biggest fall in over a decade  —  - Slowdown in automotive and industrial chips drag down results  — Company's wide product range makes it bellwether for industry
Ben Sin / XDA Developers:
A review of the $800+ OnePlus 12, launching on February 6: specs that rival the $1,300+ S24 Ultra's, but no AI features and the curved display feels outdated  —  - OnePlus 12: Pricing and Availability  —  The OnePlus Open stole a lot of thunder from the Samsung Galaxy Z Fold 5 last fall …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:35 PM ET, January 23, 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

Kelcee Griffis / Bloomberg:
Comcast reports Peacock revenue up 54% YoY to $1.9B and its adjusted EBITDA of $189M, its first-ever quarterly profit; film revenue rose 25% YoY to $3.04B

Todd Spangler / Variety:
FCC Chairman Brendan Carr says ABC's decision to not carry Trump's July 16 speech about elections live will be part of its review for ABC-owned station licenses

Dade Hayes / Deadline:
TelevisaUnivision reports Q2 revenue up 10% to $1.3B due to FIFA rights in Mexico, US ad revenue down 29% to $323.3M, subscription and licensing up 40% to $621M

More News

Ingrid Lunden / TechCrunch:
Silverfort, which provides identity threat protection tools, raised a $116M Series D led by Brighton Park Capital, sources say at an “around” $1B valuation
Sam Kessler / CoinDesk:
A bug in Ethereum's Nethermind client took down ~8% of Ethereum's validators on January 21, raising concerns about Geth, which powers ~85% of ETH validators
Mark Wilson / Fast Company:
An interview with Rabbit CEO Jesse Lyu about the R1's design, collaborating with Teenage Engineering, why he didn't want to make a phone or an app, and more
Kyle Wiggers / TechCrunch:
MIT CSAIL study: only 23% of US wages for doing vision tasks would be economically attractive to automate with AI, due to large upfront and operating expenses

Earlier Picks

Sudip Kar-Gupta / Reuters:
French's CNIL fines Amazon France Logistique €32M for an illegal and “excessively intrusive” surveillance system set up to monitor the performance of its staff
Ash Parrish / The Verge:
A look at Palworld, a Pokémon-like game launched on January 19, which has sold 5M+ copies and is now the most played game on Steam, amid IP infringement claims
Sergiu Gatlan / BleepingComputer:
The US FTC orders Intuit to stop promoting its products as “free”, unless they are free for all consumers, after an FTC judge found TurboTax ads were misleading
Cecilia D'Anastasio / Bloomberg:
Tencent-owned Riot Games plans to lay off 530 employees globally, or ~11% of its staff, saying Riot had “more than doubled in headcount” over the past few years
Emma Roth / The Verge:
Apple releases iOS 17.3, which adds a Stolen Device Protection feature, Apple Music collaborative playlists, support for streaming to more hotel TVs, and more
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