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January 10, 2023, 2:10 PM
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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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Bloomberg, AppleInsider, Insider, SiliconANGLE, Reuters, TheStreet, AI Supremacy, GeekWire, ZDNet, Forbes, CNBC, iPhone in Canada Blog, Thurrott, Invezz, Windows Central, City A.M., Fortune, OnMSFT.com, WRAL TechWire, The Information, Livemint, Computerworld, Digital Trends, Coinspeaker, Mashable, Analytics Insight, The Verge, WinBuzzer, Pureinfotech, MarketWatch, BigTechWire, and Neowin
Tweets: @nonmayorpete, @trungtphan, @lizrhoffman, @carlquintanilla, @reedalbergotti, @davemcclure, @bentossell, @bdsams, @lizrhoffman, @hammer_mt, @lizrhoffman, @ericabrescia, @omerperchik, @carnage4life, @levie, @jamespmcleod, @seyitaylor, @dsmart, @tomwarren, @marypcbuk, @nonmayorpete, @borrowed_ideas, @mikeisaac, @silviakillings, @simon_ree, @borrowed_ideas, @borrowed_ideas, @tedgioia, @martinsfp, and @carnage4life
| 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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arXiv.org, Tech Monitor, Gizmodo, Slashdot, Meta AI, Tom's Guide, JOMO, Firstpost Tech, TechEBlog, KnowTechie, Engadget, TechSpot, MSPoweruser, WinBuzzer, Silicon Republic, BetaNews, and TechRadar
Tweets: @thecarteldel, @drjimfan, @sytelus, @austin_walker, @glenngabe, @shobz, @wbm312, @ejwalters, @counternotions, @amogh42, @drjimfan, @amogh42, @suhail, @gaurabc, @chrismessina, @drjimfan, @drjimfan, @altryne, @ralphbrooks, @drjimfan, @thecarteldel, @daftlimmy, @shobz, @schachin, @drjimfan, @steventey, @poppy_northcutt, and @emmalbriant
| Kate Rooney / CNBC: |
Coinbase plans to lay off a further ~950 employees, or ~20% of its workforce, seeking to reduce its operating expenses by 25% QoQ; Coinbase laid off 18% in June — - 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, The Block, Decrypt, Blockworks, Reuters, SiliconANGLE, TechCrunch, Engadget, Silicon Valley Business …, New York Times, Gizmodo, The Hill, Bloomberg, Financial Times, Crypto Daily, Protos, LayoffsTracker, New York Post, Fortune, PYMNTS.com, CoinGape, CryptoSlate, CoinJournal, Ethereum World News, Crowdfund Insider, Cryptopolitan, CoinDesk, Bitcoinist.com, Wall Street Journal, The Information, Invezz, Tech News, and The Verge
Tweets: @deitaone, @t0nyyates, @krishnanrohit, @levynews, @thestalwart, @mylesudland, @davidgura, @thestalwart, @pt, @carnage4life, @eliotwb, @basedkarbon, @kantrowitz, @tante, @mattgoldstein26, @kr00ney, @thestalwart, @davidgerard, @deitaone, @cryptonator1337, @thestalwart, @buccocapital, @wublockchain, @mdudas, and @degencryptoinfo
| Olga Kharif / Bloomberg: |
Cameron Winklevoss writes to DCG's board, demanding CEO Barry Silbert's removal and alleging he and Genesis publicly lied, after his resolution deadline passed — Gemini crypto exchange co-founder Cameron Winklevoss called for the board of Digital Currency Group to remove Barry Silbert … | Javier Paz / Forbes: |
A breakdown of Binance's known assets, using data from Nansen and others, estimates the exchange has around $50B, including ~$10B in BNB, down 24% from November — 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, Coinpedia Fintech News, PYMNTS.com, Invezz, CoinGeek, Grit Capital, and Watcher Guru
| Chance Miller / 9to5Mac: |
Apple's Eddy Cue says App Store developers have made $320B+ since 2008, there are 900M paid subscriptions, 200+ Arcade games, 70B all-time 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, TechCrunch, AppleInsider, MacRumors, CNBC, iThinkDifferent, iPhone in Canada Blog, Technical Ripon, and BGR
Tweets: @mcelhearn, @rsgnl, @leonardwongly, @apollozac, @parkerortolani, and @stevekovach
| 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 … | Kyle Wiggers / TechCrunch: |
Microsoft acquires Fungible, which makes data processing units for data centers and has raised over $300M; reports from December say the deal is worth ~$190M — In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known …
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The Official Microsoft Blog, Fungible, Windows Central, WinBuzzer, The Register, TechRadar, Network World, DCD, Petri IT Knowledgebase, and MSPoweruser. Tweets: @fungible_inc
| Sarah Perez / TechCrunch: |
Amazon plans to launch Buy with Prime for all US-based merchants on January 31, letting them access Prime benefits, expanding on Fulfillment by Amazon merchants — 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, Gizmodo, BigCommerce, The Verge, PYMNTS.com, Reuters, The Information, PCMag, Engadget, Barron's Online, BGR, GeekWire, Bloomberg, and CNBC
Tweets: @_inpractise, @modestproposal1, @modestproposal1, and @juokaz
| 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 …
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Reuters, The Verge, Decrypt, Blockworks, and Protos
| 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, Insider, and BBC
Tweets: @billyperrigo, @odangaring, @madhumita29, @cristinacriddle, @satariano, and @romancingnope
| Debby Wu / Bloomberg: |
TSMC reports Q4 revenue up 43% YoY to ~$20.6B, below estimates of ~$20.8B, its first miss in two years; TSMC's stock fell 27% in 2022 but is up 7% in 2023 — Taiwan Semiconductor Manufacturing Co.'s fourth-quarter sales missed analysts' estimates, signaling the global decline in electronics demand … | 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, The Hill, and WRAL TechWire
Tweets: @commonsense, @timmarchman, @mattnavarra, @ceciliakang, @luxalptraum, @benjysarlin, @tpcarney, and @justinhendrix
| Washington Post: |
A New York University study finds Russian troll Twitter accounts had a minimal impact on 2016 US election voters; 1% of users accounted for 70% of the exposure — Welcome to The Cybersecurity 202! I caught up on some time hanging out with friends this past weekend. Friends are cool.
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Nature, Tilting At Windmills, and The Intercept
| Frederic Lardinois / TechCrunch: |
Chronosphere, a “cloud native observability platform”, raised a $115M Series C extension at a $1.6B valuation after a $200M Series C at a $1B+ valuation in 2021 — The market for cloud native observability tools remains hot. As with so many new technologies …
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Enterprise Times, VentureBeat, SiliconANGLE, and Chronosphere
| Jess Weatherbed / The Verge: |
The UK now mandates new properties in England must be built with gigabit broadband connections; the DCMS claims gigabit is available in 72%+ of UK households — My years-long battle to get gigabit internet installed may soon be over, thanks to new rules introduced by the UK government … | Financial Times: |
VaynerMedia: in 2022, 1,000 video ad impressions on TikTok cost ~50% less than on Instagram Reels, ~33% less than on Twitter, and 62% less than on Snapchat — Advertisers and brands say an increasing amount of digital ads spend is moving away from Meta, YouTube and Twitter
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ExchangeWire.com. Tweets: @davidbelle_, @astaniscia86, @db, @mattnavarra, @financialtimes, and @librariancap
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