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January 6, 2023, 4:30 PM
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Top News

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 …
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 …
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.
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 …
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.
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 …

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This is a Techmeme archive page. It shows how the site appeared at 4:30 PM ET, January 6, 2023.

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From Mediagazer

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI

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
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”

Earlier Picks

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
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
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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