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January 6, 2023, 8:25 PM
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Mitchell Clark / The Verge:
Kuo: Apple canceled its fourth gen iPhone SE, in which it planned to debut its own 5G modem; the cancelation could be due to poor sales of mid-to-low-end phones  —  On Friday, Kuo wrote in a blog post that Apple had canceled production and shipment plans for the phone after his prediction …
Eric Slivka / MacRumors:
Kuo: due to development issues, Apple is “more likely” to debut its mixed-reality headset in the spring or at WWDC 2023, not 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 …
Parmy Olson / Bloomberg:
Irish DPC's €390M Meta fine, issued at the behest of the European Data Protection Board, fits with the EU's plan to crack down on Big Tech in the next two years  —  Meta Platforms Inc. is used to batting away the occasional fine from European regulators as a cost of doing business.
Wired:
Some Twitter staff in the US and other countries laid off by Elon Musk in November say they have not received information about the severance they were promised  —  Staff laid off by Elon Musk were assured they would be compensated following mass cuts.  As the deadline passes, the silence has been deafening.
Reuters:
Huobi plans to lay off ~20% of its 1,100 staff, citing the “bear market”; CoinGecko: Huobi was the eighth largest crypto exchange by volume in November 2022  —  Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday …
Thomas Brewster / Forbes:
Researchers: cybercriminals have started using ChatGPT to create hacking tools and AI-generated malware code, and are testing the tool for dating scam chatbots  —  Users of underground forums start sharing malware coded by OpenAI's viral sensation and dating scammers are planning on creating convincing fake girls with the tool.
Carly Page / TechCrunch:
Rackspace plans to discontinue its Exchange service after confirming hackers accessed 27 customers' personal data during the December 2022 ransomware attack  —  Cloud computing giant Rackspace has confirmed hackers accessed customer data during last month's ransomware attack.
Kathrin Hille / Financial Times:
Sources: Taiwan's space agency is planning a low Earth orbit satellite communications provider to help resist any China attacks, inspired by Starlink in Ukraine  —  Country wants to emulate Elon Musk's Starlink in wake of Ukraine war with low-Earth orbit start-up
Varsha Bansal / Rest of World:
A profile of Shaik Salauddin, an Uber driver turned union leader, who has become a quasi-celebrity in India after fighting for gig worker rights in the country  —  Shaik Salauddin: the Indian driver-turned-union leader who is brushing shoulders with top politicians and giving ride-hailing firms a run for their money.

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More News

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
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

Earlier Picks

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
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
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
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
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
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