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January 19, 2023, 6:30 PM
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Top News

Anna Nicolaou / Financial Times:
Netflix co-founder Reed Hastings steps down as co-CEO but plans to stay on as executive chair; the company promotes COO Greg Peters to co-CEO with Ted Sarandos  —  Streaming company names new leadership as it looks to reset after ‘tough year’ in 2022  —  Reed Hastings is stepping …
Sarah Whitten / CNBC:
Netflix reports Q4 revenue up 1.9% YoY to $7.85B, $55M net income, down from $607M YoY, 231M paid memberships, adding 7.66M subscribers vs. 4.57M expected  —  - Netflix added 7.66 million paid subscribers during the fourth quarter, more than the 4.57 million Wall Street expected.
Karissa Bell / Engadget:
Twitter quietly updates its developer agreement with a clause banning third-party clients, after claiming the company was “enforcing long-standing API rules”  —  In case there was any doubt about Twitter's intentions in cutting off the developers of third-party apps …
Financial Times:
Sources: Peter Thiel's Founders Fund sold almost all its crypto portfolio by the end of March 2022, before the crypto market crash, generating ~$1.8B in returns  —  Billionaire was early mainstream investor in the digital currency but VC fund no longer has significant exposure
Catherine Larkin / Bloomberg:
SEC filing: T-Mobile says a hacker stole data for ~37M customer accounts, including names and addresses, but no passwords, SSNs, or financial information  —  T-Mobile US Inc. said a hacker obtained data for 37 million customer accounts, though it didn't include payment card information or personal identifying numbers.
Wall Street Journal:
In his first interview, FTX CEO John Ray III says he set up a task force to explore restarting the exchange, saying customers praised its technology, and more  —  In his first public interview since taking over the failed cryptocurrency exchange, John J. Ray III said that he's open to the idea of rebooting operations
New York Times:
Crypto investors say Sam Bankman-Fried often promoted and artificially inflated “Samcoins”, including Solana, Serum, FTT, and Maps, to benefit FTX and Alameda
Sarah Perez / TechCrunch:
Instagram rolls out Quiet Mode, which silences notifications, auto-replies to DMs, and informs friends, and plans to prompt teens to enable the feature at night  —  Instagram announced today it's expanding its selection of time management tools with the launch of a new feature called “Quiet Mode.”
Bill Toulas / BleepingComputer:
PayPal says hackers accessed the sensitive data of ~35K users, including addresses and social security numbers, in a December 2022 credential stuffing attack  —  PayPal is sending out data breach notifications to thousands of users who had their accounts accessed through credential stuffing attacks that exposed some personal data.
Sarah Perez / TechCrunch:
Wikimedia updates Wikipedia's design for the first time in over a decade, improving search, accessibility, the table of contents section, and language switching  —  Wikipedia, one of the world's top 10 most visited websites, and a resource used by billions every month, is getting its first makeover on the desktop in over a decade.
Andy Robinson / Video Games Chronicle:
Sony announces the PlayStation VR2's full launch game lineup, including Tetris Effect and 12 other new titles; PSVR games will not be compatible with PSVR 2  —  13 NEW TITLES HAVE BEEN REVEALED FOR THE HEADSET  —  Sony Interactive Entertainment has confirmed the final PlayStation VR 2 launch line-up …
Wall Street Journal:
CoinDesk retains Lazard investment bankers to help the outlet explore its options, including a partial or full sale, after “numerous” indications of interest  —  Company has ‘received numerous inbound indications of interest,’ CEO Kevin Worth says
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
Sean Hollister / The Verge:
Google made many mistakes with Stadia but did right by users when shutting down the service, including via full refunds, and other companies should take note  —  Google made a few mistakes with its Stadia cloud gaming service. … Pay attention, rival companies: this is how you shut down a service right.
Chainalysis:
Analysis: ransomware attackers received at least $456.8M in 2022, falling ~40% from $765.6M in 2021 and $765M in 2020, as victims increasingly refuse to pay  —  2022 was an impactful year in the fight against ransomware.  Ransomware attackers extorted at least $456.8 million from victims in 2022 …
Addy Bink / The Hill:
Amazon plans to close AmazonSmile, launched in 2013 to let customers donate 0.5% of eligible items' purchase prices to a charity, on February 20, 2023  —  Amazon will be closing its charity program, AmazonSmile, in the coming weeks in order to “focus its philanthropic giving to programs with greater impact.”
David McCabe / New York Times:
On Friday, SCOTUS may discuss whether to hear two cases challenging social media laws in Texas and Florida and plans to hear two Section 230 cases in February  —  The cases could significantly affect the power and responsibilities of social media platforms.
Ivan Mehta / TechCrunch:
Twitter launches Blue on Android for $11 per month, the same as iOS and $3 more than on the web, a day after launching an $84 annual subscription on the web  —  A day after launching an annual Twitter Blue subscription, the social media company made the paid plan available for purchase for Android users today.
The Verge:
Nvidia GeForce Now Ultimate with RTX 4080 hands-on: impressive input latency, some visuals are hazy, and only six games support 240Hz mode, which works at 1080p  —  For $20 a month, Nvidia will rent you an RTX 4080 gaming PC in the cloud.  It feels phenomenal in some games, but there's still work to be done.

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This is a Techmeme archive page. It shows how the site appeared at 6:30 PM ET, January 19, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

Dade Hayes / Deadline:
In an earnings call, David Zaslav says the Trump Administration may be more merger friendly, enabling a “real positive and accelerated impact on this industry”

Taylor Lorenz / User Mag:
How conservatives nurtured and funded a vast network of online influencers and creators, and how structural disadvantages prevent the left from replicating it

More News

Chris Stokel-Walker / Nature:
Journal editors, researchers, and publishers are debating the place of AI tools like ChatGPT in published literature and whether they should be cited as authors
Reuters:
India's Supreme Court declines Google's request to block an antitrust order on Android and its $116M fine, leaving a lower court to make a decision by March 31

Earlier Picks

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
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