Techmeme
January 24, 2024, 10:15 AM

Top News

Ariel Shapiro / The Verge:
Ahead of the EU's DMA, Spotify shares iOS app mockups with full in-app payments, rolling out in part on March 7; Apple hasn't yet shared its changes for the DMA  —  For years, Apple's App Store policies have made it impossible for apps to sell digital services and goods on their own terms.
Wall Street Journal:
Sources: Apple plans to add new fees and restrictions after allowing EU users to download apps from outside the App Store, including reviewing sideloaded apps  —  Meta, Spotify and other companies are weighing new options for customers as Apple makes changes to comply with new European law
Jonathan Vanian / CNBC:
eBay plans to cut ~1,000 full-time jobs, or ~9% of its workforce, and scale back the number of contracts within its “alternate workforce” over the coming months  —  - EBay said Tuesday it's laying off 1,000 full-time employees.  — CEO Jamie Iannone told employees the company will …
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 plans to to retire its ad-free Basic plan in some countries where ad-supported plans are available, starting with Canada and the UK in Q2 2024  —  Although Netflix no longer allows new or returning members to sign up for the ad-free Basic subscription that costs $11.99 per month …
Sarah Whitten / CNBC:
Toby Sterling / Reuters:
ASML reports Q4 revenue of €7.2B and net profit up 9% YoY to €2B, both above est., orders grew 3x QoQ to €9B+, and expects 2024 net sales to be similar to 2023  —  ASML Holding NV (ASML.AS), Europe's biggest technology company by market value, on Wednesday reported better …
Sarah Perez / TechCrunch:
Google announces AI features for Chrome on macOS 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 …
Alexander Martin / The Record:
The UK NCSC releases an all-source intel assessment warning that ransomware attacks will increase in both volume and impact over the next two years due to AI  —  Ransomware attacks will increase in both volume and impact over the next two years due to artificial intelligence (AI) technologies, British intelligence has warned.
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.
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.
Matthew Ball / MatthewBall.co:
A look at some long-term issues facing the gaming industry, including deep layoffs, weak revenue growth, and declining VC investments  —  To players and outside observers, 2023 looks like one of the 70-year-old gaming industry's greatest-ever years.  Chief among its achievements was its slate of new software releases.
Noam Cohen / Bloomberg:
As Wikimedia Russia shuts down, a look at the Kremlin-compliant Wikipedia alternative Ruwiki, which recently went live, led by an ex-Wikimedia Russia director  —  A campaign to replace the country's Wikipedia with a more pliant alternative seems near completion.
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, 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
Donal Griffin / Bloomberg:
EquiLend, which processes $2.4T of securities-lending transactions per month, goes down after a January 22 cyberattack and says restoration may take a few days  —  EquiLend, a fintech that processes trillions of dollars of securities-lending transactions every month, suffered a cybersecurity attack …
Jordan Novet / CNBC:
SAP plans voluntary buyouts or job changes for 8,000 employees as part of a 2024 restructuring program but says its headcount should remain the same  —  SAP said in a statement on Tuesday that it plans to carry out voluntary buyouts or job changes for 8,000 employees as part of a 2024 restructuring program …
Bloomberg:
Oppo and Nokia sign a patent cross-licensing deal, ending a years-long dispute, letting the Chinese smartphone maker sell in key European markets like Germany  —  - Patent cross-licensing agreement ends years-long dispute  — Chinese brand is the No.4 smartphone maker in the world

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