Techmeme
January 25, 2024, 2:35 AM

Top News

Matt Day / Bloomberg:
Ring is sunsetting a tool that lets police request footage from users via its Neighbors app, forcing law enforcement to obtain warrants or evidence of emergency  —  - Move dials back company's longtime public-safety stance  — Law enforcement will now have to seek warrants for video
Abner Li / 9to5Google:
Google Pixel users say they are not able to access data stored in internal storage across all apps after installing the January 2024 Google Play system update  —  Following a storage access issue in October with the initial Android 14 release and multiple users, Pixel devices might …
Joseph Cox / 404 Media:
An investigation details a spy tool called Patternz, which can track billions of phone profiles via ads in hundreds of thousands of apps, including 9gag and Kik  —  A wide-spanning investigation by 404 Media reveals more details about a secretive spy tool that can tracks billions …
Ryan Vlastelica / Bloomberg:
Microsoft briefly reached a $3T market cap for the first time on January 24, becoming the second company to do so after Apple, before closing at a record $2.99T  —  - Software giant is second company to hit level, following Apple  — AI services are seen as a long-term revenue growth tailwind
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
Ariel Shapiro / The Verge:
Bloomberg:
Filing: HPE says a group believed to be Russia-linked Midnight Blizzard exfiltrated data from “a small percentage of HPE mailboxes” beginning in May 2023  —  - HPE says it was informed of nation-state breach on Dec. 12  — Same Russia-linked group suspected in recent Microsoft hack
Jordan Novet / CNBC:
IBM reports Q4 revenue up 4% YoY to $17.38B, vs. $17.30B est., software revenue up 3% YoY to $7.51B, and net income of $3.29B, up from $2.71B YoY; IBM jumps 8%+  —  - IBM surpassed estimates on the top and bottom lines and ended 2023 with more free cash flow than it had projected.
Tom Warren / The Verge:
Nvidia's RTX GPUs can now upgrade SDR video to HDR using AI, supported in both Microsoft Edge and Google Chrome on Windows PCs with HDR enabled  —  Nvidia is launching a new feature for all RTX GPU owners today: RTX Video HDR. … You just need an HDR10-compatible monitor with HDR enabled in Windows.
Madhumita Murgia / Financial Times:
Arati Prabhakar, director of the White House Office of Science and Technology Policy, says the US will work with China on AI safety, despite trade tensions  —  Biden adviser says the two nations must work together to tackle risks from artificial intelligence despite race to dominate its development
Hugh Son / CNBC:
Klarna launches Klarna Plus, a $7.99/month subscription plan in the US, with waived service fees when using its One Time Card, double rewards points, and more  —  - Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead …
Mike Butcher / TechCrunch:
Richard Nieva / Forbes:
The US National Science Foundation partners with OpenAI, Meta, Nvidia, Microsoft, and others to launch NAIRR, a pilot to expand researchers' access to AI tools  —  The National Science Foundation on Wednesday launched a sprawling new AI infrastructure program aimed at increasing the access …
Ash Parrish / The Verge:
Twitch changes the Prime Gaming subscription payout model to a fixed rate, expands the Partner Plus Program, and removes the $100K cap for 70/30 revenue share  —  Twitch is making big monetization changes again in an attempt to make a more sustainable system, lowering earnings in some places and raising them in others.
Bloomberg:
Sources: Shein's shareholders offered to sell stock on the private market at $45B-$55B valuation in late 2023, down from Shein's ~$66B valuation in May 2023  —  - Investors trying to sell in recent months but few takers  — Sliding offer prices cast a cloud on much-anticipated US IPO
Sara Merken / Reuters:
Toronto-based Spellbook, which offers an AI-powered contract drafting and review tool for lawyers, raised a $20M Series A led by Inovia Capital  —  Spellbook, a legal software company focused on contracts, said Wednesday that it has raised $20 million in a Series A funding round led …
Manish Singh / TechCrunch:

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Earlier Picks

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Bloomberg:
Jonathan Vanian / CNBC: