Note: Techmeme is hiring part-time editors. Go here to apply, or tell a friend!
|
January 5, 2023, 11:50 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| Wall Street Journal: |
Sources: OpenAI is in talks to raise $300M+ from Thrive and Founders Fund in a tender offer, valuing the company at ~$29B, up from $14B in its 2021 tender offer — Tender offer at that valuation would make OpenAI one of the most valuable U.S. startups — Cheating With ChatGPT: Can an AI Chatbot Pass AP Lit?
More:
MarketWatch, Reuters, Forbes, Search Engine Journal, SiliconANGLE, The Information, Financial Times, San Francisco Business Journal, PYMNTS.com, and Crunchbase News
Tweets: @carnage4life, @ninadschick, @wintermoat, @berber_jin1, @tomaxwell, @eddiedonmez, @jessicalessin, @anthemos, @jouabr, and @samro
| Kate Clark / The Information: |
Memo: Genesis parent company DCG shut its wealth management division HQ on January 2; filing: HQ had more than $3.5B under management as of December 2022 — Digital Currency Group, the parent company of crypto broker Genesis and the publication CoinDesk, has shut down its wealth management …
More:
Decrypt, Bloomberg, CoinDesk, and CoinGape
Tweets: @kateclarktweets, @amir, @theinformation, @kateclarktweets, @deezefi, @fejau_inc, @curvethots, and @im_goomba
| Wall Street Journal: |
Sources: crypto lender Genesis Global laid off 30% of its staff, after cutting 20% of its 260 workforce in 2022, and is considering filing for bankruptcy — Firm suffered steep losses from loans it supplied to Alameda, Three Arrows — Massive crypto lender Genesis Global Trading Inc. laid off 30% …
More:
CoinDesk, The Block, Forkast, Reuters, CoinGape, The Information, Watcher Guru, SiliconANGLE, CNBC, Trustnodes, Gizmodo, crypto.news, and PYMNTS.com
| Mitchell Clark / The Verge: |
Qualcomm unveils Snapdragon Satellite, to let phones with a Gen 2 SoC and X70 modem connect to Iridium's satellites for off-grid texting, available in H2 2023 — Android phones will soon be getting a feature similar to — and perhaps even more powerful than — Apple's Emergency SOS via satellite.
More:
Engadget, Qualcomm, SiliconANGLE, Neowin, 9to5Google, iMore, Philip Elmer‑DeWitt, MacRumors, Ars Technica, SlashGear, Tech Advisor, Light Reading, Android Headlines, TechRadar, NextPit, Droid Life, HotHardware, Tom's Guide, Gizmodo, Phone Scoop, Washington Post, Wall Street Journal, T3, VentureBeat, Digital Trends, and MobileSyrup
| Ana Paula Pereira / Cointelegraph: |
3AC liquidators have subpoenaed founders Zhu Su and Kyle Davies, who have resisted cooperation, via Twitter to disclose documents related to the fund's collapse — 3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control …
More:
Bloomberg, Kitco News, Blockworks, CryptoSlate, Bitcoin News, crypto.news, Decrypt, The Block, and Ethereum World News
Tweets: @3acliq, @nic__carter, @zemariamacedo, @chainsawdotcom, @drnicka, @bitfinexed, @lomahcrypto, @ahcastor, @funkmasteramp, and @haileylennonbtc
| Wall Street Journal: |
New York AG Letitia James files a civil lawsuit against Celsius co-founder Alex Mashinsky, alleging he defrauded investors out of billions via false statements — Alex Mashinsky made false statements to investors about the crypto lender, lawsuit alleges — New York Attorney General Letitia …
More:
NY State Attorney General, New York State Attorney General, Reuters, CNBC, Finextra, Washington Post, MarketWatch, New York Times, Gizmodo, TechCrunch, crypto.news, CryptoPotato, Bitcoinist.com, PYMNTS.com, Crypto Briefing, CryptoSlate, Crowdfund Insider, The Daily Hodl, Crypto Adventure, Financial Times, and Bitcoin News
| Erin Woo / The Information: |
Source: Twitter laid off ~40 ad optimization data scientists and engineers, as the company targets areas that leadership considers to be failing or unimportant — Twitter laid off about 40 data scientists and engineers working on advertising late Wednesday night in what amounted to at least …
More:
Fortune, Bloomberg, Observer, Gizmodo, and Adweek
Mastodon: @aaronpride@mastodon.lol. Tweets: @kyliebytes, @erinkwoo, @gergelyorosz, @willoremus, @dorothyofisrael, @moorehn, and @srirachachau
| Geoffrey A. Fowler / Washington Post: |
Twitter verified a Washington Post columnist's fake US Senator Ed Markey account, after Elon Musk said “all verified accounts will be manually authenticated” — Elon Musk said Twitter would begin authenticating users who pay $8 for Blue. Our tech columnist was still able to get a checkmark for an impostor Sen. Ed Markey.
More:
SlashGear and Insider
Mastodon: @willoremus@mastodon.social. Tweets: @geoffreyfowler, @senmarkey, @kantrowitz, @privacymatters, @metacurity, @thekenyeung, @senmarkey, @iansherr, @mattnavarra, @andrewbaron, @geoffreyfowler, @willoremus, @file411, @shiraovide, @gregpinelo, and @senmarkey
| Matt Burgess / Wired: |
WhatsApp launches proxy support globally, letting users with blocked or disrupted connections use the app via servers set up by volunteers and organizations — Amid internet shutdowns in Iran, the encrypted messaging app is introducing proxy connections that can help people get online.
More:
WhatsApp Blog, The Verge, TechCrunch, 9to5Mac, WABetaInfo, WhatsApp FAQ, BGR India, Reuters, Slashdot, BGR, GitHub, BBC, Daily Mail, WebProNews, London Evening Standard, Daily Record, CNET, Gizmodo, Denver 7 Colorado News, The Independent, Adweek, Business Standard, iPhone in Canada Blog, Ars Technica, BigTechWire, Engadget, Sky News, Livemint, and Social Media Today
Tweets: @whatsapp, @yashar, @wcathcart, @mdubowitz, @iainlevine, @shiraovide, @jsrailton, @harrymccracken, @ianbremmer, @epro, and @natynettle
| Antonio G. Di Benedetto / The Verge: |
Lenovo unveils the Yoga Book 9i, a laptop with two 13.3" OLED displays, available in June 2023 for $2,100+ with a 13th Gen Intel Core i7-U15 and 16GB of RAM — Dual monitor setups are great and all, but how about dual screens in a strangely tall laptop? Lenovo is here to answer that …
More:
Lenovo StoryHub, Engadget, Ars Technica, OnMSFT.com, TechPowerUp, TechEBlog, BigTechWire, Pocketnow, Liliputing, TechRadar, TechSpot, ZDNet, and Thurrott
| Jules Roscoe / VICE: |
The FTC proposes a rule banning non-compete clauses, saying the contracts harm healthy competition in the labor and product markets and block entrepreneurship — The agency stated that noncompete clauses are bad for both the labor market and innovation. The proposed rule would make them illegal.
More:
Federal Trade Commission, New York Times, Vox, Wall Street Journal, Game Developer, The Register, Washington Post, Associated Press, GeekWire, The Verge, Politico, Gizmodo, and TechCrunch
Tweets: @linakhanftc, @noamscheiber, @danpfeiffer, @halsinger, @linakhanftc, @senschumer, @ne0liberal, @superwuster, @moreperfectus, @musharbash_b, @theworthyhouse, @agrobbonta, @ewarren, @moreperfectus, @julianamkaplan, @ddayen, @brianboland, @ibd_ecarson, @bozitatarevic, @amierrivers, @matthewstoller, @ftc, @lydiadepillis, @axios, @julesaroscoe, @elissabeth, @bobbyfijan, @mattmday, @moiradonegan, @capitolkvd, @isforat, @lizshuler, @jasonfurman, @the_blackrabb1t, @keldonb, @sandeepvaheesan, @pisciottanopa, @jaybsauceda, @briandeesenec, @greenhousenyt, @linakhanftc, @kylebrussell, @beltzernyc, @jekranzberg, @jared_wade, and @repcicilline
| David Benoit / Wall Street Journal: |
US bank Silvergate, which caters to crypto, reports liquidating debt to cover $8.1B withdrawals as FTX collapsed and laying off 40% of its staff; SI falls 40%+ — Bank sold assets at a loss to cover withdrawals and cut 40% of its staff but remains committed to crypto
More:
Silvergate, Seeking Alpha, Crunchbase News, Reuters, TheStreet, CoinDesk, Reuters, CNBC, Financial Times, Bloomberg, CryptoSlate, The Daily Hodl, Watcher Guru, The Guardian, Blockworks, and Bitcoinist.com
Tweets: @deitaone, @mikeburgersburg, @ryan_browne_, @johnreedstark, @emilyjnicolle, @davecbenoit, @tracyalloway, @jamesplloyd, @grdecter, @mdudas, @davidfbailey, @deitaone, @dylanleclair_, @silvermanjacob, @benlower, @arturo_p_a, @om, @twobitidiot, @mhiesboeck, @jmover, @cryptadamist, @mikulaja, @mayazi, @alwayswinning1, @autismcapital, @jcoviedo6, @wublockchain, @antoniabmassa, @paul__walsh, @karenpetrou, @arturo_p_a, @mikealfred, @arturo_p_a, and @danheld
| CNBC: |
Samsung expects Q4 operating profit fell by 69% YoY to $3.37B, an eight-year low, citing a greater than expected decline in memory chip demand — - Samsung Electronics flagged on Friday its quarterly profit tumbled to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices.
More:
Samsung Newsroom, CNET, Sammy Fans, BBC, ZDNet, Wall Street Journal, The Korea Herald, Bloomberg, Yonhap News Agency, Nikkei Asia, and SamMobile
Tweets: @soheefication, @samkimasia, and @saxena_puru
| Kif Leswing / CNBC: |
California's pay transparency law came into effect this week revealing some Big Tech salaries including $253K-$327K for a software engineering director at Meta — - A new law that went into effect this week requires most California employers to disclose salaries on job listings.
More:
Insider, Washington Post, and PC Gamer
Tweets: @mattdpearce, @sammblum, @tvaziri, @susannavogel1, @jordannovet, @brij, @rmintzer, and @susannavogel1
| Stephen Totilo / Axios: |
Microsoft files a revised rebuttal to the FTC's lawsuit to block its Activision deal, backing off its claim that the FTC's structure is unconstitutional — Microsoft says it made a mistake last month when it claimed that the very structure of Federal Trade Commission, the agency trying …
More:
Federal Trade Commission, The Jacob Wolf Report, Forbes, TheGamer, and Kotaku
Tweets: @stephentotilo, @matthewstoller, and @senninsage
| Gabrielle Fonrouge / CNBC: |
Stitch Fix plans to cut 20% of its 1,700 salaried staff as founder Katrina Lake reassumes the CEO role from Elizabeth Spaulding, who took over in August 2021 — - Stitch Fix founder Katrina Lake announced the company will be cutting 20% of its salaried workforce. — Lake will also reassume her post as CEO.
More:
Stitch Fix Newsroom, The Information, The Information, PYMNTS.com, and TechCrunch
Tweets: @_chuckyc, @marcslove, and @saalon
| Angus Berwick / Reuters: |
Source: FTX's former top lawyer Daniel Friedberg cooperated with US prosecutors, telling them on November 22 what he knew about SBF misusing customer funds — FTX's former top lawyer Daniel Friedberg has cooperated with U.S. prosecutors as they investigate the crypto firm's collapse …
More:
Bloomberg, Protos, LinkedIn, The Block, and New York Post
Tweets: @anammostarac, @unusual_whales, @teddyschleifer, @cohenluc, and @toddwitteles
Sponsor Posts
Google:
Generate videos with Veo 3 in Google Gemini — Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator. Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Generate videos with Veo 3 in Google Gemini — Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator. Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
UiPath Unveils 10 Innovations that Will Shape the Agentic Future — Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
6 Tips to Unlock Revenue with Transactional Emails — This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
6 Tips to Unlock Revenue with Transactional Emails — This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Techmeme Ride Home:
Big Meta/Anduril Deal Is A Big Deal
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Social Radars:
Ron Conway, Founder, SV Angel Part 4 (Bonus)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Hard Fork:
The A.I. Jobpocalypse + Building at Anthropic with Mike Krieger + Hard Fork Crimes Division
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Logan Bartlett Show:
Rick Smith (CEO, Axon): The Wild Ride From Near-Bankruptcy to $50B+
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
The Talk Show With John Gruber:
'Sewing Machine Repair Shop', With Patrick McGee
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Decoder with Nilay Patel:
How private equity kills companies and communities
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 11:50 PM ET, January 5, 2023.
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
Sara Fischer / Axios:Max Tani / Semafor:
Chris Willman / Variety:
Upcoming Tech Events
More News
| Scott Stein / CNET: |
More:
IGN, Engadget, The Verge, VentureBeat, Forbes, PC Gamer, Pocket-lint, Android Central, PCMag, Game Rant, Auganix.org, Road to VR, Tech Advisor, MobileSyrup, Gizmodo, Laptop Mag, Android Authority, Destructoid, and TechRadar
Tweets: @sabine_figaro, @mixedrealitytv, @aceofthumbs, @nathievr, @lunayian, @casandchary, @nathievr, and @kishoderrek
| Wall Street Journal: |
More:
Election Law Blog and Social Media Today
Mastodon: @Jhorwitzz@mastodon.online. Tweets: @jason_kint, @keachhagey, @jason_kint, @mattzeitlin, @wrklsshrd, @reaganbrad, @lauraedelson2, @jeff4llen, @emilyglazer, @wexler, @justinhendrix, @jeffhorwitz, and @maghielse
Earlier Picks
| Levi Winslow / Kotaku: |
| Ax Sharma / BleepingComputer: |
More:
SC Media, Slashdot, Torq, Security Boulevard, and The Pragmatic Engineer. Mastodon: @sanitybit@infosec.exchange
| Jessica Conditt / Engadget: |
More:
PlayStation.Blog, PlayStation on YouTube, Gizmodo, Wired, Polygon, Kotaku, Gizchina, ExtremeTech, Android Headlines, BBC, Destructoid, HotHardware, MobileSyrup, and GameSpot