Techmeme
January 1, 2023, 10:50 AM

Top News

Wall Street Journal:
A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty  —  Trading firm took big gambles, winning some and losing plenty; ‘complete lack of a risk-management framework’
Wall Street Journal:
Brian Merchant / The Atlantic:
Meta's dramatic implosion, Elon Musk's Twitter train wreck, and Amazon's labor uprising show that 2022 was not just a disastrous year, but a reckoning for tech  —  The companies that define our digital lives have hit a wall.  —  The dramatic, multidimensional implosion of Meta …
New York Times:
Employment in tech occupations grew 12% YoY to a record 6.39M in November 2022, as workers eye banking, retail, health care, and manufacturing amid tech layoffs  —  Most tech jobs are now in mainstream industries like health care, banking and retail, which are increasingly in need of workers with digital skills.
Hannah Murphy / Financial Times:
Experts weigh in on Meta's impending decision to lift Donald Trump's Facebook and Instagram ban; source: the announcement will be made later than January 7  —  Tech giant's policy chief Nick Clegg due to rule this month whether to revoke ban on former US president
More: Reuters
Jared Gans / The Hill:
Google has agreed to pay $29.5M to settle lawsuits with Washington DC and Indiana over location tracking practices, after agreeing to pay ~$392M to 40 US states  —  Google has agreed to pay a total of $29.5 million to settle separate lawsuits with Washington, D.C., and Indiana over its location tracking practices.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
Celebrate and collaborate this holiday season with Zoho Cliq  —  The holiday season is a time for celebration, relaxation, and reflection.  While some people are busy wrapping presents for their loved ones …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Mon. 12/23 - The Revenge Of Google Glass?
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More News

Mariella Moon / Engadget:
Wall Street Journal:

Earlier Picks

Matt Levine / Bloomberg: