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January 11, 2023, 6:15 PM
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WeSmirchTop News
| Mark Gurman / Bloomberg: |
Sources: Apple is working on Macs with a touchscreen; the first model may be a MacBook Pro with an OLED display supporting gestures, set to be released in 2025 — Apple Inc. is working on adding touch screens to its Mac computers, a move that would defy long-held company orthodoxy and embrace …
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9to5Mac, Macworld, XDA Developers, The Information, CNET, Tom's Hardware, Insider, The Verge, MacRumors, AppleInsider, Tom's Guide, CNBC, Pocket-Lint, fpt., Digital Trends, MacDailyNews, BGR, and Six Colors
Mastodon: @Newmy@writing.exchange and @edbott@mastodon.social
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| CoinDesk: |
Bankruptcy hearing: FTX has recovered $5B+, not including $425M held by the Bahamas or “illiquid cryptocurrency tokens”; FTX had a $65B Alameda line of credit — The announcement substantially raises the total FTX has recovered since filing for bankruptcy last year but it's still short of what customers are owed in total.
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Wall Street Journal, PYMNTS.com, Reuters, CNBC, Gizmodo, Financial Times, TheStreet, The Daily Hodl, Crypto Daily, WRAL TechWire, Crypto Briefing, Wccftech, The Block, CoinDesk, and Ethereum World News
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| Wall Street Journal: |
Sources: Alameda invested $1.1B+ in Genesis Digital, including $500M to buy the co-founders' shares; the bitcoin miner is among FTX's largest bankruptcy assets — Genesis Digital is one of the largest assets in the FTX-Alameda wreckage — FTX's Bankruptcy: Three Things to Know — Created with sketchtool.| New York Times: |
Sources: in December, Twitter started considering auctioning off usernames to generate revenue; Elon Musk had said he wants to free up 1.5B inactive usernames — The company has discussed selling some user names through online auctions, people with knowledge of the plans said.
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Gizmodo, PYMNTS.com, TheStreet, Insider, TechCrunch, Social Media Today, Pocket-Lint, Today in Tabs, Android Police, and Reuters
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| Joe Biden / Wall Street Journal: |
In an op-ed, Joe Biden asks Republicans and Democrats to unite “to pass strong bipartisan legislation to hold Big Tech accountable”, saying the risks are clear — Congress can find common ground on the protection of privacy, competition and American children.
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Wall Street Journal, 9to5Mac, Silicon Valley Business …, Macworld, Reuters, AppleInsider, CNN, The Hill, Wccftech, Android Central, and CNBC
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| Sarah Perez / TechCrunch: |
Apple launches Apple Business Connect, letting US business owners update and manage their information for Apple Maps, a feature Google Maps has had since 2005 — Apple Maps today is gaining a new tool that will allow the decade-plus-old service to better compete with Google …
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Apple, Ars Technica, PYMNTS.com, 9to5Mac, CNBC, iPhone Hacks, Axios, SlashGear, Neowin, Computerworld, ZDNet, Engadget, TechRadar, iMore, AppleInsider, Patently Apple, Macworld, MacDailyNews, The Verge, iPhone in Canada Blog, and BGR
| Reuters: |
The FAA says US air traffic is “resuming gradually” after its Notice to Air Missions system failed; FlightAware: 7,300+ flights were delayed and 1,100 canceled — U.S. flights were slowly beginning to resume departures and a ground stop was lifted after the Federal Aviation Administration …
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| Tom Warren / The Verge: |
Memo: Microsoft plans to give US salaried staff unlimited Discretionary Time Off plus 10 corporate holidays, leaves of absence, mental health time off, and more — Microsoft is giving its US employees unlimited time off. The announcement was made in an email to employees from Kathleen Hogan …
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GeekWire, Fortune, Insider, and Bloomberg
Tweets: @brennadactyl, @timmisiak, @bitandbang, and @quinnypig
| Kyle Wiggers / TechCrunch: |
OpenAI says it's “starting to” think about monetizing ChatGPT, possibly via a ChatGPT Professional version, asks members what price would be too low, and more — OpenAI this week signaled it'll soon begin charging for ChatGPT, its viral AI-powered chatbot that can write essays, emails, poems and even computer code.
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Anti-Suckers, Tech Xplore, The Drum, The Verge, Metaverse Post, MobileSyrup, PCMag, Insider, Engadget, TechCircle, Gizmodo, and Candid.Technology
| Todd Spangler / Variety: |
Twitter says that the company's investigation found “no evidence” that its users' data sold online was obtained by exploiting vulnerabilities in its systems — Twitter said that after investigating reports that data on upwards of 400 million users was being sold online, it found … | Dhruv Mehrotra / Wired: |
SweepWizard, a US police app built by ODIN, leaked data like personal officer info, locations of suspects' homes, raid times, and more due to a misconfiguration — SweepWizard, an app that law enforcement used to coordinate raids, left sensitive information about hundreds of police operations publicly accessible.
Mastodon: @mattburgess@infosec.exchange. Tweets: @dellcam, @matthewkeyslive, @dmehro, and @justinhendrix
| Tom Warren / The Verge: |
Microsoft announces 365 Basic for $1.99 per month, replacing the 100GB OneDrive storage option, rolling out globally on January 30 with ad-free Outlook and more — Microsoft is introducing a new consumer tier to its Microsoft 365 subscription offerings. Priced at just $1.99 per month … | Wall Street Journal: |
Sources: in late 2022, Netflix stopped letting director-level staff see other employees' salaries, a major shift for a company offering rare pay transparency — Employees at the director level lost ability to view colleagues' pay data late last year — Employers List Wide Salary Ranges in Ways That Sidestep Pay Transparency Law| Miles Kruppa / Wall Street Journal: |
Alphabet's life sciences unit Verily lays off about 15% of its staff, or more than 200 employees, and discontinues work on several products — Created with sketchtool.
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Verily Life Sciences, The Verge, Bloomberg, Insider, Reuters, CNBC, The Information, MarketWatch, and STAT
| Natasha Mascarenhas / TechCrunch: |
Equity management service Carta cuts 10% of its staff, impacting up to ~200 employees, and sues its former CTO; the company was valued at $7.4B in August 2021 — Carta, an equity management platform that was last privately valued at $7.4 billion, has cut 10% of its staff …
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TechCrunch
| Dan Milmo / The Guardian: |
The Guardian confirms the outlet was hit with a ransomware attack in December 2022 and that the personal data of UK staff was accessed, possibly via phishing — Media firm says personal data of UK staff members was accessed in ‘highly sophisticated’ cyber-attack last month
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Financial Times, Gizmodo, Bloomberg, Engadget, TechCrunch, Semafor, The Record, and DataBreachToday.com. Tweets: @gazthejourno
| Bloomberg: |
Binance admits to flaws in maintaining its Paxos-issued BUSD stablecoin backing at 1:1; ChainArgos says BUSD was undercollateralized by $1B+ in 2020 and 2021 — Binance Holdings Ltd., the biggest cryptocurrency exchange, acknowledged past flaws in the management of its stablecoin's reserves … | Matt Levine / Bloomberg: |
The deep problem with SPACs is the sponsors' 20% cut and the warrant holders' cut, paid by the target company or the SPAC shareholders, a bad deal either way — SPAC SPAC SPAC — Simplifying a bit, the way a special purpose acquisition company works is that the sponsor of the SPAC raises … | Riley de León / CNBC: |
Supply chain software startup Flexport lays off 20% of its global workforce, or ~640 employees; the company raised $935M at an $8B valuation in February 2022 — - Supply chain software startup Flexport is laying off 20% of its global workforce, or roughly 640 employees, according to a memo from co-CEOs Ryan Petersen and Dave Clark.
More:
SiliconANGLE and The Information
| Financial Times: |
Sources: Apple promises investors to disclose details about its App Store removals, including the number of removal requests by country and their legal basis — Activists had raised concerns about how iPhone maker's decision-making process affected freedom of expression
Tweets: @patrickmcgee_
| Paul Kunert / The Register: |
IDC says global used and refurbished handset sales rose 11.5% YoY to 282M in 2022 and forecasts a jump to 413.3M in 2026 after a 10.3% compound annual growth — Who needs shiny new blowers when there bills to pay and kids to feed? Answer: fewer and fewer folkSponsor Posts
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