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January 12, 2023, 3:00 AM
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memeorandum
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, XDA Developers, MarketWatch, TechCrunch, Appleosophy, Digit, iThinkDifferent, Neowin, CNBC, BGR, The Information, Macworld, MacRumors, Six Colors, iMore, Pocket-Lint, Tom's Hardware, iPhone in Canada Blog, Patently Apple, Tom's Guide, Engadget, The Verge, MacDailyNews, SlashGear, fpt., and Appuals.com
Mastodon: @ernie@writing.exchange, @ernie@writing.exchange, @ernie@writing.exchange, @Newmy@writing.exchange, @edbott@mastodon.social, @ernie@writing.exchange, @ernie@writing.exchange, and @Newmy@writing.exchange
Tweets: @markgurman, @samifathi_, @mcwm, @harrymccracken, @technology, @someofmiles, @wongmjane, @sebastienpage, @danprimack, @zollotech, @therichwoods, @dimensionmedia, @parkerortolani, @kirstinestewart, @t3mporarybl1p, @neil_irwin, @m08734471, @ianmorris78, @damanr, @freezydorito, @zacbowden, and @hayatohuseman
| Ron Miller / TechCrunch: |
Canalys, IDC, and Gartner report global PC shipments fell for the fourth consecutive quarter in Q4 2022, by 28%-29% YoY to 65.3M-67.2M units; Dell fell ~37% YoY — When you look at fourth quarter worldwide PC sales data from Canalys, IDC and Gartner, it's fair to say that the news was not great …
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IDC, Gartner, Softpedia News, Canalys, MarketWatch, Philip Elmer‑DeWitt, Thurrott, Wall Street Journal, PCWorld, CNET, Engadget, TechSpot, and TechRadar
Tweets: @canalys, @dnystedt, @idc, and @gartner_inc
| Tom Warren / The Verge: |
Microsoft plans to update the Xbox Series X and S consoles to switch to an energy-saving Shutdown mode and is working on a smarter Sleep mode for active hours — Microsoft is planning to switch Xbox Series X and S owners over to an energy-saving power mode in a bid for sustainability and cost savings.
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Xbox Wire, Ars Technica, Gamereactor UK, Kotaku, Neowin, Game Rant, and Game Developer
Tweets: @xboxcanada, @nextgenplayer, @tomwarren, @bradsmi, and @xboxuk
| 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, Digital Trends, International Business Times, TechCrunch, Watcher Guru, The Information, Pocket-Lint, SlashGear, PYMNTS.com, Social Media Today, Today in Tabs, and TheStreet
Mastodon: @zoeschiffer@mastodon.social and @philshapiro@mastodon.social
Tweets: @amir, @thetweetofjohn, @brosandprose, @scalzi, @viksit, @martinsfp, @goldman, @kylebaker, @blueheronfarmtx, @kateconger, and @twocatsand_docs
| Jacquelyn Melinek / TechCrunch: |
Amazon partners with Ava Labs, which develops the Avalanche blockchain, to support Avalanche's infrastructure and dApp ecosystem through its AWS marketplace — Amazon Web Services (AWS) has partnered with Ava Labs, the company building out layer-1 blockchain Avalanche … | 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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Seattle Business Journal, OnMSFT.com, BGR, GeekWire, Insider, and Fortune
| Frank Landymore / Futurism: |
CNET has been using an “AI engine” to write financial explainers under a CNET Money byline since November 2022, reviewed, fact-checked, and edited by a human — Next time you're on your favorite news site, you might want to double check the byline to see if it was written by an actual human.
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Pixel Envy, Engadget, and Gizmodo
Tweets: @benparr, @jon_christian, @weareyourfek, @paleofuture, @automaticzen, @mgsiegler, @mikurubaeahina, @grady_booch, @pranavdixit, @mcwm, @vahn16, @intelwire, @lanceulanoff, @joshez_, @kylejhyatt, @drtechlash, @scottwamplerrip, @tonyhowashere, @futurism, @gartenberg, @rejects, @mikeelgan, and @techwontsaveus
| Bloomberg: |
Sources: Twitter staff in Singapore have been reassigned as remote workers until further notice, amid cost-cuts which include not paying rent on global HQ — Workers at Twitter Inc.'s Singapore office were told to empty out their desks and vacate the premises, said people familiar with the situation … | Gary Marcus / The Road to AI We Can Trust: |
Source: OpenAI will get all of the equity back once $92B in profit plus $13B in initial investment are paid to Microsoft and once other investors earn $150B — I don't usually write about business deals, much less about rumors about business deals, but this one has me scratching my head …
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The Information, Fortune, and VentureBeat
| Forbes: |
JPMorgan Chase is suing the founder of Frank, a student loan software startup it bought for $175M, for allegedly lying about scale by creating 4M+ fake users — The financial giant is suing the founder of a Mark Rowan-backed startup it acquired, claiming the fintech, Frank, had sold the financial giant on a “lie.”
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Bloomberg, Wall Street Journal, and PYMNTS.com
Tweets: @ali_lev, @chrisjbakke, @goldiestandard, @kennybauf, @ozard_ofwiz, @healthbjk, @goodtweet_man, @dancow, @sarthakgh, @johnpaczkowski, @seamushughes, and @sridinats
| 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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9to5Mac, Wall Street Journal, Wccftech, SiliconANGLE, Silicon Valley Business …, Macworld, CNN, and Android Central
Mastodon: @profcarroll@federate.social and @willoremus@mastodon.social
| Miles Kruppa / Wall Street Journal: |
Alphabet's life sciences unit Verily lays off ~15% of its staff, or 200+ employees, as part of a broader reorganization that will end work on several products — Created with sketchtool.
More:
Verily Life Sciences, The Information, MarketWatch, Insider, CNBC, 9to5Google, Bloomberg, STAT, SiliconANGLE, The Verge, and The Information. Tweets: @brianmcc
| CoinDesk: |
Bankruptcy hearing: FTX has recovered $5B+, not including $425M held by the Bahamas or “illiquid cryptocurrency tokens”; FTX gave Alameda a $65B 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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BBC, CNBC, Reuters, Forkast, and The Daily Hodl
Tweets: @jconorgrogan, @molly0xfff, @watcherguru, @unusual_whales, @deitaone, @kadhim, @hsakatrades, @deitaone, @adamscochran, @ledgerstatus, @smtuffy, @hsakatrades, @basedkarbon, @ldrogen, @jconorgrogan, @pythianism, @jconorgrogan, @davidfbailey, @molly0xfff, @jconorgrogan, @hsakatrades, @akadosang, @adamscochran, @dogetoshi, @zerohedge, @zhusu, @smtuffy, @molly0xfff, @jconorgrogan, @molly0xfff, @dshollers, and @monkeycharts
| Wall Street Journal: |
More:
Watcher Guru and Bloomberg
Tweets: @deitaone, @smtuffy, @ldrogen, @news_of_alpha, @steve_hanke, @hsakatrades, and @alexfrangos
| Joe Rossignol / MacRumors: |
Kuo: mass shipments of second-generation AirPods Max and AirPods with a $99 price target will likely begin in the second half of 2024 or the first half of 2025 — Mass shipments of second-generation AirPods Max and more affordable AirPods will likely begin in the second half of 2024 … | Maria Heeter / The Information: |
Source: Stripe lowers its internal valuation by ~11% to $63B, its third known cut since June 2022, bringing the total reduction to ~40% in the past six months — Stripe has cut the internal value of its shares by about 11%, implying a valuation of $63 billion, according to a person familiar with the matter.
More:
Business Post, Reuters, TechCrunch, and Bloomberg
Tweets: @theinformation, @amir, and @stockgeektv
| Sarah Perez / TechCrunch: |
Data.ai: in 2022, mobile app global spending fell 2% YoY to $167B, downloads grew 11% YoY to 255B, game spending fell 5% YoY, and non-game spending grew 6% YoY — The app ecosystem's nonstop growth finally slipped this past year. An annual review of the app economy by mobile analytics firm data.ai … | 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 …
More:
Apple, 9to5Mac, iThinkDifferent, CNBC, Appleosophy, iPhone Hacks, PYMNTS.com, autoevolution, SlashGear, BigTechWire, iMore, Computerworld, Patently Apple, Macworld, ZDNet, Search Engine Land, MacDailyNews, iPhone in Canada Blog, Neowin, and MacStories
Tweets: @markgurman, @appfairness, @runews, @jasonaten, and @asymco
| 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 …
More:
Privacy, Reuters, The Record, Bloomberg, PCMag, Reuters, and BleepingComputer
| 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| 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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