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January 6, 2023, 8:15 AM
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| Wall Street Journal: |
Sources: Genesis Global laid off 30% of its staff, after a 20% cut in 2022, leaving the crypto lender with 145 workers, 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% …
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CoinDesk, Bloomberg, The Block, Coinpedia Fintech News, Bitcoinist.com, Analytics Insight, Forkast, CryptoPotato, Washington Post, SiliconANGLE, Watcher Guru, CryptoSlate, PYMNTS.com, The Information, Trustnodes, crypto.news, Gizmodo, CNBC, Tech in Asia, Crowdfund Insider, and Reuters
Tweets: @watcherguru, @fxmacro, @shaughnessy119, @tomkeene, @lookonchain, @crypto, @gwestr, @nouriel, and @aristyescuder
| Kate Clark / The Information: |
Memo: Genesis parent company DCG shut down its wealth management subsidiary HQ Digital on January 2; filing: HQ had $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 …
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Watcher Guru, CoinDesk, Bitcoinist.com, Decrypt, crypto.news, Coinpedia Fintech News, The Block, CoinGape, Bloomberg, and CryptoSlate
| 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?
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MarketWatch, Forbes, Reuters, Silicon Republic, Financial Times, Search Engine Journal, SiliconANGLE, The Information, VentureBeat, PYMNTS.com, San Francisco Business Journal, Crunchbase News, and Insider
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| Ana Paula Pereira / Cointelegraph: |
Three Arrows Capital liquidators subpoena founders Zhu Su and Kyle Davies, who have resisted cooperation, via Twitter, seeking documents on the fund's collapse — 3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control … | Mitchell Clark / The Verge: |
Qualcomm unveils Snapdragon Satellite, which lets phones with a Gen 2 SoC and an X70 modem text off the grid via Iridium's satellite network, coming 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.
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Tweets: @qualcomm_eu and @spacanpanman
| 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.
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Mastodon: @willoremus@mastodon.social. Tweets: @senmarkey, @geoffreyfowler, @ron_fournier, @geoffreyfowler, @senmarkey, @markfollman, @iansherr, @andrewbaron, @sub8u, @willoremus, @senmarkey, @mattnavarra, @kantrowitz, @privacymatters, @metacurity, @file411, @shiraovide, and @gregpinelo
| CNBC: |
Samsung estimates that its 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 …
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Samsung Newsroom, Reuters, AppleInsider, Sammy Fans, CNET, Silicon Republic, The Verge, TechCrunch, The Korea Herald, Patently Apple, Australian Financial Review, SamMobile, Android Authority, BBC, Yonhap News Agency, SamNews 24, ZDNet, MarketWatch, Nikkei Asia, and SamMobile
Tweets: @dnystedt, @soheefication, @samkimasia, and @saxena_puru
| Eric Slivka / MacRumors: |
Kuo: due to development issues, Apple is “more likely” to debut its mixed-reality headset in the spring or at WWDC than in January as previously predicted — Analyst Ming-Chi Kuo said in a tweet thread today that ongoing delays with development of Apple's mixed-reality headset …
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9to5Mac, Philip Elmer‑DeWitt, iMore, BGR, Laptop Mag, Tom's Guide, iPhone Hacks, BGR India, and AppleInsider
Tweets: @mingchikuo, @scobleizer, and @then_there_was
| Stephen Totilo / Axios: |
Microsoft files a revised rebuttal to the FTC's lawsuit to block its Activision Blizzard deal, removing 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 …
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Federal Trade Commission, Game Developer, PC Gamer, Gameranx, PC Games Insider, Wccftech, FOSS Patents, The Jacob Wolf Report, TheGamer, Kotaku, and Forbes
Tweets: @stephentotilo, @counternotions, @matthewstoller, and @senninsage
| 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 …
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Forbes, Fortune, Gizmodo, Bloomberg, Observer, and Adweek
Mastodon: @aaronpride@mastodon.lol. Tweets: @kyliebytes, @erinkwoo, @gergelyorosz, @willoremus, @dorothyofisrael, @moorehn, and @srirachachau
| Mitchell Clark / The Verge: |
Snap plans to shut down its Camera app for Mac and PC on January 25, 2023; launched in October 2018, the app let users apply face filters while on video calls — On January 25th, Snap will be shutting down its camera app for Mac and PCs. If that name doesn't ring a bell … | 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.
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Federal Trade Commission, New York Times, Ars Technica, Vox, Game Developer, Wall Street Journal, The Register, Washington Post, The Verge, and GeekWire
Tweets: @linakhanftc, @danpfeiffer, @noamscheiber, @linakhanftc, @superwuster, @theworthyhouse, @agrobbonta, @ewarren, @senschumer, @ibd_ecarson, @jathansadowski, @bozitatarevic, @amierrivers, @bobbyfijan, @isforat, @lizshuler, @the_blackrabb1t, @nickhanauer, @linakhanftc, @halsinger, @repcicilline, @jenniferjjacobs, @jaybsauceda, @pisciottanopa, @brianboland, @jasonfurman, @moreperfectus, @ftc, @ddayen, @sandeepvaheesan, @musharbash_b, @mattmday, @capitolkvd, @briandeesenec, @beltzernyc, @keldonb, @axios, @ne0liberal, @lydiadepillis, @moiradonegan, @greenhousenyt, @jared_wade, @cbseaman, @kylebrussell, @moreperfectus, @elissabeth, @matthewstoller, @julesaroscoe, @jekranzberg, @julianamkaplan, and @matthewstoller
| 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 …
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Engadget, Tech Advisor, Lenovo StoryHub, Tom's Guide, Engadget, Phandroid, Neowin, ZDNet, TechRadar, TechSpot, TechPowerUp, and BigTechWire
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