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January 10, 2023, 6:00 PM
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memeorandum
WeSmirchTop News
| Kate Rooney / CNBC: |
Coinbase plans to cut ~950 jobs, or ~20% of its workforce, aiming to reduce its operating expenses by 25% QoQ in Q1 2023, after laying off 18% in June 2022 — - Coinbase is cutting a fifth of its workforce following an 18% staff reduction in June. — CEO Brian Armstrong pointed …
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Coinbase, SEC.gov, New York Times, Reuters, The Block, Decrypt, CoinDesk, NPR, TechCrunch, Blockworks, Bloomberg, Financial Times, The Verge, The Daily Hodl, Cointelegraph, ZyCrypto, Wall Street Journal, Crypto Daily, SiliconANGLE, CoinGape, CryptoSlate, SlashGear, CoinJournal, Ethereum World News, Protos, Engadget, Crowdfund Insider, Cryptopolitan, CoinDesk, PYMNTS.com, Bitcoinist.com, Fortune, Gizmodo, Invezz, Tech News, The Hill, and PC Gamer
Tweets: @deitaone, @manya__saini, @mylesudland, @davidgura, @thestalwart, @pt, @carnage4life, @eliotwb, @basedkarbon, @kantrowitz, @krishnanrohit, @tante, @mattgoldstein26, @kr00ney, @thestalwart, @levynews, @davidgerard, @deitaone, @cryptonator1337, @thestalwart, @buccocapital, @t0nyyates, @wublockchain, @mdudas, @thestalwart, and @degencryptoinfo
| Olga Kharif / Bloomberg: |
Cameron Winklevoss demands that DCG's board remove CEO Barry Silbert and alleges he and Genesis lied publicly, after his January 8 resolution deadline passed — Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert …
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DCG, The Block, TheStreet, Blockworks, Forbes, Decrypt, CoinDesk, Cointelegraph, Fortune, Bitcoinist.com, crypto.news, Bitcoin Magazine, CryptoGlobe, Financial Times, Crypto Briefing, Ethereum World News, Coinpedia Fintech News, Trustnodes, CoinGape, Bitcoin News, and The Information
Tweets: @cameron, @dcgco, @barrysilbert, @barrysilbert, @edzitron, @edzitron, @martinkrung, @runnerxbt, @mishaboar, @kgreifeld, @tree_of_alpha, @dogetoshi, @dogetoshi, @bennetttomlin, @timccopeland, @simondixontwitt, @byzgeneral, @autismcapital, @smtuffy, @dylanleclair_, @mikedemarais, @ldrogen, @silvermanjacob, @twobitidiot, @muyaoshen, @icebergy_, @macrocrg, @petermccormack, @adamscochran, and @jamespmcleod
| Zac Bowden / Windows Central: |
Sources: Microsoft ditched a dual-screen design for the Surface Duo 3, opting for an internal foldable screen, an external cover display, and a 180-degree hinge — Microsoft's next foldable phone will have an internal foldable display. — What you need to know
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PCWorld, Ars Technica, Android Authority, The Verge, SlashGear, PocketLint, XDA Developers, 9to5Google, Thurrott, Neowin, OnMSFT.com, and Appuals.com
Tweets: @captain2phones, @mcwm, and @mishaalrahman
| Semafor: |
Sources: Microsoft is in talks to invest $10B in OpenAI at a $29B valuation, taking 75% of OpenAI's profits until the investment is recouped and then owning 49% — Microsoft has been in talks to invest $10 billion into the owner of ChatGPT, the wildly popular app that has thrilled casual users …
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Insider, The Register, AppleInsider, AI Supremacy, Reuters, Fortune, Bloomberg, CNBC, SiliconANGLE, Search Engine Journal, GeekWire, Computerworld, Invezz, Thurrott, Digital Trends, Coinspeaker, Forbes, OnMSFT.com, Mashable, City A.M., Windows Central, iPhone in Canada Blog, WinBuzzer, Pureinfotech, Livemint, and MarketWatch
Tweets: @nonmayorpete, @trungtphan, @lizrhoffman, @carlquintanilla, @davemcclure, @bentossell, @bdsams, @lizrhoffman, @hammer_mt, @ericabrescia, @omerperchik, @carnage4life, @levie, @jamespmcleod, @seyitaylor, @tomwarren, @marypcbuk, @nonmayorpete, @borrowed_ideas, @silviakillings, @simon_ree, @borrowed_ideas, @borrowed_ideas, @tedgioia, @martinsfp, @carnage4life, and @lizrhoffman
| Benj Edwards / Ars Technica: |
Microsoft unveils VALL-E, a text-to-speech AI model trained on 60K hours of English speech that can simulate a person's voice from three seconds of sample audio — Text-to-speech model can preserve speaker's emotional tone and acoustic environment. — On Thursday, Microsoft researchers announced …
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GitHub Pages, PCMag, The Verge, Slashdot, Tech Monitor, Meta AI, KnowTechie, WinBuzzer, JOMO, Gizmodo, Tom's Guide, BetaNews, TechRadar, Engadget, TechSpot, and MSPoweruser
Tweets: @thecarteldel, @drjimfan, @pogue, @sytelus, @glenngabe, @shobz, @wbm312, @ejwalters, @gaurabc, @altryne, @thecarteldel, @daftlimmy, @shobz, @schachin, @austin_walker, @counternotions, @drjimfan, @suhail, @drjimfan, @drjimfan, and @steventey
| Chance Miller / 9to5Mac: |
Apple SVP of Services Eddy Cue says App Store developers have made $320B+ since 2008 and lists 900M paid subscriptions, 200+ Arcade games, 70B Shazams, and more — Eddy Cue, Apple's senior vice president of services, has penned an open letter celebrating what he calls a “groundbreaking year for entertainment.”
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Apple, Forbes, Philip Elmer‑DeWitt, AppleInsider, BGR, Technical Ripon, MacRumors, and iThinkDifferent
Mastodon: @asymco@mastodon.social and @asymco@mastodon.social
Tweets: @apollozac, @parkerortolani, @rsgnl, @ideafaktory, @mcelhearn, @stevekovach, and @leonardwongly
| Javier Paz / Forbes: |
A breakdown of Binance's known assets, according to Nansen, Glassnode, Defillama, and others, estimates the exchange has ~$50B left, down 24% from November 2022 — The outflow of cash from Binance is worse than the CEO Changpeng Zhao indicated last month, and it's become considerably more severe since then, a Forbes analysis shows.
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crypto.news, Invezz, Coinpedia Fintech News, CoinGeek, Grit Capital, and Watcher Guru
Tweets: @cz_binance, @cz_binance, @johnreedstark, @ap_abacus, @silvermanjacob, @petrit, @cz_binance, and @julian_liniger
| Sarah Perez / TechCrunch: |
Amazon plans to open Buy with Prime to all US merchants on January 31, letting them offer Prime benefits like free shipping and returns on their own apps — Amazon announced this morning it's expanding its Buy with Prime service to U.S.-based merchants by the end of the month.
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About Amazon, BigCommerce, SiliconANGLE, Reuters, TechRadar, Barron's Online, TechSpot, PYMNTS.com, The Information, Gizmodo, PCMag, Engadget, BGR, The Verge, GeekWire, Bloomberg, and CNBC
Tweets: @ldignan, @rihardjarc, @astaniscia86, @_inpractise, @modestproposal1, @modestproposal1, and @juokaz
| Ivan Mehta / TechCrunch: |
Developers flood Apple's App Store and Google Play with apps listing “ChatGPT” in titles and descriptions; OpenAI doesn't offer a public ChatGPT API or an app — ChatGPT is the hottest topic of discussion in the tech industry. OpenAI's chatbot that answers questions …
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Gizmodo, The Information, Politico, MobileSyrup, Michael Tsai, and Android Police
| Taylor Hatmaker / TechCrunch: |
Meta plans to further limit ad targeting users under 18 in February 2023, including removing the options to target teens based on gender and in-app activity — Meta is making some changes to how its apps handle advertising and young users. Under the new rules, advertisers on Instagram …
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Meta, The Verge, Wall Street Journal, The Drum, Digiday, TechRadar, Engadget, The Hill, Adweek, KnowTechie, The Independent, and Bloomberg
Tweets: @mattnavarra, @metanewsroom, and @nickclegg
| Don Clark / New York Times: |
A look at Intel's struggles with launching Sapphire Rapids, originally slated for mid-2022, which Intel says has led to changes in product design and testing — The company grappled with missteps for years while developing a microprocessor code-named Sapphire Rapids. It comes out on Tuesday.
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Data Center Knowledge
| Paul Alcorn / Tom's Hardware: |
| Bloomberg: |
Sources: former FTX engineering chief Nishad Singh, who has not been accused of wrongdoing, met with US federal prosecutors last week to seek a cooperation deal — Former FTX engineering chief Nishad Singh met with federal prosecutors in a bid to become the third member of Sam Bankman-Fried's inner circle … | Ben Schoon / 9to5Google: |
Nothing Phone (1) rolls out in the US via a $299 “beta membership” offered through June 2023, but the company says the phone “may not work with all US carriers” — After a previous teaser, the Nothing Phone (1) is now officially on its way to the United States …
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PCMag, TechCrunch, Gizmodo, Android Authority, XDA Developers, Digital Trends, The Verge, Android Central, Droid Life, and Liliputing
| Kirsten Korosec / TechCrunch: |
Scale AI, which labels data for ML algorithms and was valued at $7.3B in April 2021, lays off 20% of its staff; the startup had ~450 employees in February 2022 — Scale AI, the San Francisco-based company that uses software and people to label image, text, voice and video data …
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Silicon Valley Business … and VentureBeat
| Adam Conway / XDA Developers: |
Google releases the Extension SDK for developers to bring features, like the Photo Picker API that launched with Android 13 and AdServices APIs, to Android 11+ — The Extensions SDK is what makes features like Photo Picker possible on older Android versions.
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Android Developers Blog, ZDNet, Tom's Guide, TechCrunch, and Android Police
Tweets: @natisho and @mishaalrahman
| Financial Times: |
Meta contractor Sama plans to cut ~200 staff and close its east African content moderation hub in March 2023; Meta plans to keep 1,500 Sama staff to label data — Staff at Nairobi office were moderating graphic and harmful material — Meta's east African content moderation hub is shutting …
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TIME, TechCrunch, Insider, and BBC
Tweets: @billyperrigo, @odangaring, @madhumita29, @cristinacriddle, @satariano, and @romancingnope
| Cecilia Kang / New York Times: |
Common Sense Media survey of 1,358 US teenagers: 75% report having viewed porn online by 17, including 41% seeing images of nudity or sexual acts during school — Sexually explicit content has become so prevalent online that teenagers are deluged, according to a new report by a nonprofit child advocacy group.
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Common Sense Media, USA Today, WRAL TechWire, and The Hill
| Jacquelyn Melinek / TechCrunch: |
The Easy Company raised a $14.2M seed and launches a “social” crypto wallet in beta with an “Instagram-like experience” for viewing NFTs — The Easy Company has raised $14.2 million in a seed round and launched its “social” crypto wallet to help onboard more mainstream audiences … | Bob Van Voris / Bloomberg: |
A New York judge sentences Nikhil Wahi, a brother of Coinbase PM Ishan Wahi, to 10 months for a scheme to trade on insider info on the timing of new listings — The brother of a former Coinbase Global Inc. product manager was sentenced to 10 months behind bars for his role in a scheme … Sponsor Posts
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