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January 18, 2023, 6:05 PM
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| Todd Bishop / GeekWire: |
Memo: Microsoft plans to lay off 10,000 employees through March 31, reducing its headcount by less than 5%, and take a $1.2B charge tied to severance and more — [Editor's Note: Timing of layoffs corrected since original post.] — Citing a need to “align our cost structure with our revenue …
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The Official Microsoft Blog, Bloomberg, Bloomberg, CNBC, Bloomberg, The Verge, Tom's Hardware, Kotaku, New York Times, Reuters, Bank Automation News, Reuters, Windows Central, Reuters, Bloomberg, Seattle Business Journal, Wall Street Journal, Video Games Chronicle, Ars Technica, Associated Press, Observer, SiliconANGLE, City A.M., Gizmodo, Australian Financial Review, Daring Fireball, Axios, Twinfinite, CNBC, PC Gamer, Wall Street Journal, Neowin, CIO Dive, Computerworld, TechCrunch, ZDNet, Variety, DCD, Engadget, PCWorld, Video Games Chronicle, TrueAchievements, Tech.co, TheGamer, New York Post, USA Today, CNET, WRAL TechWire, GamesIndustry.biz, Thurrott, GameSpot, OnMSFT.com, TechSpot, The Wrap, Deadline, CRN, PYMNTS.com, MarketWatch, Invezz, Financial Times, Destructoid, The Guardian, and The Hollywood Reporter
Mastodon: @GossiTheDog@cyberplace.social. Tweets: @tomwarren, @jasonschreier, @doctor_cupcakes, @garywal, @_pbnjer, @sivavaid, @jordannovet, @thedomino, @domsplaying, @drtcj, @twthereddragon, @film_girl, @brandonstirrup, @hownottodraw, @menlobear, @danieltniles, @bdsams, @stockmktnewz, and @kyweise. Thanks:@taylor_soper
| Jon Porter / The Verge: |
Apple announces a second-generation HomePod with a similar design to the original from 2018, Matter support, S7 chip, and more, shipping on February 3 for $299 — It will be sold alongside the HomePod Mini, the smaller version of the speaker introduced in 2020, and features support …
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Apple, Apple on YouTube, 9to5Mac, Gizmodo, MacRumors, Insider, Appleosophy, ZDNet, Above Avalon, Wall Street Journal, 9to5Mac, TechCrunch, MacRumors, MacStories, AppleInsider, Fast Company, TechEBlog, TheStreet, MakeUseOf, MobileSyrup, Club386, XDA Developers, iMore, Neowin, AppAdvice, TechSpot, iPhone in Canada Blog, CNET, AppleInsider, Android Authority, The Ambient, CNBC, TechCrunch, Wccftech, Redmond Pie, Patently Apple, Forbes, 9to5Mac, Bloomberg, KnowTechie, BGR, and Appuals.com
Mastodon: @viticci@mastodon …, @dcseifert@mastodon.social, @simonbs@mastodon.social, @ianfogg@mastodon.social, @snazzyq@mas.to, and @ianfogg@mastodon.social
Tweets: @samifathi_, @vladsavov, @tim_cook, @markgurman, @brandonbutch, @mattmoniz, @richontech, @mgsiegler, @345triangle, @charlesarthur, @charlesarthur, @stevemoser, @apollozac, @asymco, @somospostpc, @mostafanageeb, @rsgnl, @stevemoser, @10velociraptors, @samifathi_, @ow, @asymco, @davidphelan2009, @apollozac, @tomwarren, @jamestitcomb, @neilcybart, @hrafntho, @basicappleguy, @neilcybart, @epro, @mkbhd, and @joannastern
| Hartley Charlton / MacRumors: |
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MacRumors, TechRadar, The Verge, 9to5Mac, AppleInsider, PCMag, Cult of Mac, Pixel Envy, TidBITS, Wccftech, SlashGear, Thurrott, Six Colors, iMore, and iThinkDifferent
Tweets: @followhomekit, @andrew_osu, @rsgnl, and @homewithapple
| Reuters: |
The US Treasury's FinCEN unit labels crypto exchange Bitzlato as a “money laundering concern” related to Russian illicit finance; French police seize Bitzlato — The U.S. Treasury Department's Financial Crimes Enforcement Network on Wednesday said it has identified virtual …
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Department of Justice - Eastern District of New York, The Block, Department of Justice, CyberScoop, Cointelegraph, Reuters, BleepingComputer, PYMNTS.com, Ars Technica, CoinDesk, FinCEN.gov, CoinDesk, The Record, Blockworks, Decrypt, Wall Street Journal, PaymentSecurity.io, Chainalysis, TechCrunch, Livemint, Crypto Daily, Financial Times, Bloomberg, Bitcoin Magazine, SlashGear, and The Block
| Erin Woo / The Information: |
Source: Twitter engineering manager Siddharth Rao told employees that daily revenue was 40% lower YoY and 500+ of the company's top advertisers paused spending — A senior Twitter manager told employees that the company's daily revenue on Tuesday was 40% lower than the same day a year ago …
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Barron's Online, New York Post, City A.M., The Guardian, Observer, Social Media Today, Fortune, Wccftech, WinBuzzer, and Forbes
Tweets: @zoeschiffer, @erinkwoo, @bgrueskin, @fake_api, @amir, @carnage4life, and @investor_nick_
| Erin Woo / The Information: |
Source: Twitter's Q4 2022 revenue fell ~35% YoY to $1.025B, 72% of its Q4 goal; the company hopes to generate $732M in Q1 2023, which would be down 39% YoY — Twitter's fourth quarter revenue fell about 35% year over year to $1.025 billion, a top ad executive revealed at a staff meeting Wednesday …
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Insider, New York Post, and Fortune
| Billy Perrigo / TIME: |
Investigation: starting in November 2021, OpenAI contracted Kenya-based Sama workers to label violent, toxic, and sexual content for ~$2/hour to improve ChatGPT — Content warning: this story contains descriptions of sexual abuse — ChatGPT was hailed as one 2022's most impressive …
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Metaverse Post, Insider, Gizmodo, and VICE
Mastodon: @parismarx@mastodon.online. Tweets: @billyperrigo, @billyperrigo, @pt, @nkulw, @ericnewcomer, @spcohn, @hare_brain, @neilturkewitz, @timnitgebru, @cori_crider, @billyperrigo, @hkesvani, @deekbhardwaj, @elinor_carmi, @blackamazon, @pt, and @erikmbaker
| Jon Porter / The Verge: |
Samsung Galaxy S23, S23 Plus, and S23 Ultra specs allegedly leak: 6.1-, 6.6-, and 6.8-inch displays, Snapdragon 8 Gen 2, a 200MP sensor for the Ultra, and more — Spec sheets for all three devices in Samsung's upcoming flagship smartphone lineup, the Galaxy S23 series, appear to have leaked online.| The Block: |
Sources: Genesis creditors are negotiating a bankruptcy plan with the firm and weighing a one to two-year forbearance period in exchange for cash and DCG equity — - Genesis creditors are negotiating the terms of a possible Chapter 11 filing, according to sources close to the matter.
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Bloomberg, Reuters, Cointelegraph, Decrypt, CoinDesk, crypto.news, CoinGape, CoinJournal, Ethereum World News, and Cryptonews
Tweets: @byzgeneral, @sgjohnsson, @goldtelegraph_, and @thestalwart
| Mark Gurman / Bloomberg: |
Sources: Apple indefinitely postpones its lightweight AR glasses due to technical difficulties and is instead planning a lower-cost MR headset for 2024 or 2025 — Apple Inc. is still planning to unveil its first mixed-reality headset this year, but an even more important follow-up product …
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The Information, MacRumors, SiliconANGLE, Thurrott, Metaverse Post, Gizchina, TechRadar, ZDNet, BigTechWire, Engadget, Insider, Gizmodo, Digital Information World, Wccftech, PC Gamer, Macworld, T3, Laptop Mag, KnowTechie, SlashGear, Patently Apple, Philip Elmer‑DeWitt, iPhone in Canada Blog, NextPit, UploadVR, and BGR
Tweets: @markgurman, @ericpresidentvr, @neilcybart, @gartenberg, and @jetscott
| Mark Gurman / Bloomberg: |
Sources: Apple is working on an iPad-based smart display with smart home controls, video, and FaceTime and on a new Apple TV for H1 2024 with a faster processor — Apple Inc. is working on a slate of devices aimed at challenging Amazon.com Inc. and Google in the smart-home market … | Bloomberg: |
Amazon begins laying off 18,000+ employees, impacting ~1% of its total workforce and ~6% of its 350,000 corporate staff, mostly in its retail and HR departments — Amazon.com Inc. is set to begin a round of layoffs ultimately affecting more than 18,000 employees in the largest job cull in its history …
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CNBC, Seattle Business Journal, USA Today, The Verge, Reuters, Polygon, Los Angeles Times, and Thurrott
Tweets: @delrey, @delrey, and @kantrowitz
| CoinDesk: |
Analysis: 196 members of the new Congress accepted donations from Sam Bankman-Fried or other FTX senior executives, including Kevin McCarthy and Chuck Schumer — The session began with 196 U.S. lawmakers who took direct contributions from Sam Bankman-Fried and other former FTX executives …
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Gizmodo and New York Times
Tweets: @caitlinlong_, @watcherguru, @unusual_whales, @amitoj, @caitlinlong_, @amuse, @janemayernyer, and @jeffnolan
| Jagmeet Singh / TechCrunch: |
Cybersecurity firm Sophos lays off 10% of its global workforce and sources say ~450 employees were let go; Thoma Bravo acquired Sophos for $3.9B in March 2020 — Sophos is laying off about 10% of its global workforce, TechCrunch has learned. Sophos confirmed the layoffs in an email to TechCrunch.
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CRN, BankInfoSecurity.com, and DeviceSecurity.io
| Jonathan Greig / The Record: |
Oslo-based shipping software maker DNV reports a Jan. 7 ransomware attack that affected its ShipManager servers, impacting ~70 customers operating ~1,000 ships — About 1,000 vessels have been affected by a ransomware attack against a major software supplier for ships.
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DNV, DNV, PYMNTS.com, TechCrunch, GovTech, SecurityWeek, and Infosecurity
| Wall Street Journal: |
Investigation and documents: 600+ US law enforcement entities have access, without oversight, to a database of 150M+ money transfers in the US and 20+ countries — Law-enforcement agencies across the U.S. have direct access to over 150 million transactions housed at an Arizona nonprofit
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ACLU, The Hill, Engadget, Watcher Guru, and PYMNTS.com
Tweets: @aclu, @mikulaja, @justinamash, @dnvolz, @mqsullivan, and @paulwsj
| Chavi Mehta / Reuters: |
Spotify, Deezer, Proton, and others write to Margrethe Vestager, demanding the European Commission take action against Apple's “unfair practices”, like IAP fees — Music streaming service Spotify Technology (SPOT.N), along with other media firms such as Deezer …
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Spotify, The Information, The Platform Law Blog, 9to5Mac, Spotify, Fast Company, Thurrott, The Verge, Appuals.com, and FOSS Patents
Tweets: @spotifynews and @chrismessina
| Financial Times: |
Sources: online fast fashion retailer Shein is looking to raise up to $3B from Abu Dhabi's Mubadala, Sequoia, and others at a $64B valuation, vs. its $100B peak — Chinese fast-fashion retailer looking to raise up to $3bn at a vastly reduced valuation in response to tech downturn| Patrick McGee / Financial Times: |
As Apple shifts away from China, experts worry India will struggle with iPhone production due to supply chain issues, labor woes, a lack of automation, and more — The tech giant increasingly finds itself beholden to America's biggest geopolitical rival. But is diversification even possible?
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South China Morning Post and 9to5Mac
Tweets: @patrickmcgee_, @patrickmcgee_, @counternotions, @patrickmcgee_, @edourdoo, @patrickmcgee_, @aveekmitra, and @kyleichan
| Sarah Perez / TechCrunch: |
TikTok expands its “state-controlled media” label to over 40 markets globally, including the US and China, after a pilot in Russia, Ukraine, and Belarus in 2022 — TikTok today announced it's expanding its “state-controlled media” label to over 40 more global markets … | Joseph F. Kovar / CRN: |
Cloudian, a hybrid cloud data management and storage tech vendor, raised $60M from Digital Alpha, Intel Capital, and others, bringing its total funding to $233M — 'When you have one infrastructure, you can control that infrastructure, your data your costs, and your access.
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SiliconANGLE and Blocks and Files
| Yoolim Lee / Bloomberg: |
Research: Southeast Asia online food delivery spending rose 5% YoY to $16.3B in 2022, the slowest in at least four years; Grab extended its lead with 54% of GMV — Southeast Asia's food delivery spending grew at the slowest pace in at least four years in 2022, highlighting the challenges faced …
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Nikkei Asia and SPACInsider
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