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Techmeme
February 5, 2025, 11:50 PM
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Top News

Miles Kruppa / Wall Street Journal:
Email: Google eliminates its goal of hiring more employees from historically underrepresented groups and is reviewing some DEI programs after Donald Trump's EOs  —  Search giant is eliminating goals to hire more minority employees and reviewing DEI programs, part of a pullback across Silicon Valley
Annie Palmer / CNBC:
The USPS resumes accepting China and Hong Kong mail hours after suspension due to Trump's EO, disrupting e-commerce, and is implementing “the new China tariffs”  —  WATCH NOW  —  The U.S. Postal Service said Wednesday it will resume accepting inbound mail and packages from China and Hong Kong …
Greg Bensinger / Reuters:
Amazon announces an Alexa-focused event on February 26 in New York; sources say the company will preview its long-delayed Alexa generative AI revamp  —  Amazon (AMZN.O) is set to release its long-awaited - and delayed - Alexa generative artificial intelligence voice service …
Max A. Cherney / Reuters:
Arm reports Q3 revenue up 19% YoY to $983M, vs. $946.7M est., royalty revenue up 23% YoY to $580M, and lowers is FY revenue guidance; ARM drops 5%+ after hours  —  Chip tech provider Arm Holdings (O9Ty.F), said on Wednesday it will no longer meet the top end of its previous full-year guidance …
Jess Weatherbed / The Verge:
Google adds Gemini 2.0 Flash, 2.0 Flash-Lite, and 2.0 Pro Experimental to Gemini's API, and 2.0 Pro Experimental and 2.0 Flash Thinking Experimental to its apps  —  Gemini 2.0 AI updates include cheaper access for developers, and AI that can use other Google apps like YouTube.
Bill Toulas / BleepingComputer:
Kaspersky researchers found apps in Google's Play Store and Apple's App Store that use OCR to steal crypto wallet recovery phrases from images on users' devices  —  Android and iOS apps on the Google Play Store and Apple App Store contain a malicious software development kit (SDK) …
Karissa Bell / Engadget:
Reddit banned r/WhitePeopleTwitter for 72 hours due to “a prevalence of violent content”, after Elon Musk said on February 3 that its users had “broken the law”  —  The company said it was due to a “prevalence of violent content.”  —  Reddit has temporarily banned …
404 Media:
Sources: DOGE staff were ordered to stop using Slack while the org moves from the OMB to the Executive Office of the President, which is not subject to FOIA  —  Employees at Elon Musk's agency have been told: “OMB is asking us to stop generating new slack messages starting now.”
Brody Ford / Bloomberg:
Workday is cutting about 1,750 workers, or 8.5% of its workforce, as it plans to hire in areas such as AI and take on more people overseas; WDAY closes up 6.33%  —  - Figure represents roughly 8.5% of company's workforce  — Salesforce, Amazon, Microsoft recently cut personnel
Jason Shubnell / The Block:
MicroStrategy rebrands as Strategy; its new logo has a stylized “B” for its BTC strategy and orange is its primary color for “energy, intelligence, and Bitcoin”  —  - The brand's primary color is now orange, which it says represents energy, intelligence and Bitcoin.
MacKenzie Sigalos / CNBC:
WH crypto czar David Sacks says stablecoin legislation could be done in the next six months, after lawmakers introduced a bill to create a regulatory framework  —  As David Sacks, the newly appointed White House AI and crypto czar, collaborates with lawmakers on potential regulations for digital assets …
Rafe Uddin / Financial Times:
Uber reports Q4 revenue up 20% YoY to $12B, Gross Bookings up 18% to a record $44.2B, operating profit up 18% to $770M, and trips up 18% to 3.1B; UBER drops 5%+  —  Ride-hailing group's weaker forecast comes after record fourth quarter  —  Uber's shares fell almost 6 per cent on Wednesday …

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From Mediagazer

Andrew Marchand / The Athletic:
Memo: ESPN's Jimmy Pitaro announces layoffs, mostly due to the NFL Network acquisition; sources: on-air personalities Karl Ravech and Ryan Clark are affected

Dan Shanoff / The Athletic:
Nielsen: the World Cup final drew 38.9M viewers on Fox, and 22M+ on Telemundo; taken together, the US audience size rivaled that of NFL playoff games

MJ Franklin / New York Times:
How publishers are cashing in on surging public interest in The Odyssey through splashy reissues; Circana BookScan says sales of The Odyssey rose by 76% YoY

More News

Chainalysis:
In 2024, ransomware attackers received ~$813.55M in payments from victims, down 35% on 2023's record $1.25B, as more victims refused to pay

Earlier Picks

Kevin Collier / NBC News:
The US OPM plans to make each government agency's chief information officer a political appointee who can be fired at will, helping Trump exert more control
Pei Li / Bloomberg:
Sources: China's State Administration for Market Regulation is examining Apple's policies, including its up to 30% App Store fees, ahead of a potential probe
Henry Chandonnet / Fast Company:
An interview with Twitch CEO Dan Clancy on competition with YouTube and Kick, exclusivity contracts, content moderation, Twitch's expansion plans, and more
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