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January 19, 2023, 5:15 AM
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| 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.| Wall Street Journal: |
CoinDesk retains investment bankers at Lazard to help the outlet explore options including a partial or full sale after “numerous” indications of interest — Company has ‘received numerous inbound indications of interest,’ CEO Kevin Worth says — CoinDesk Inc. … | Mark Gurman / Bloomberg: |
Sources: Apple is working on an iPad-based smart display, with smart home controls, video, and FaceTime, and a new Apple TV with a faster processor for H1 2024 — Apple Inc. is working on a slate of devices aimed at challenging Amazon.com Inc. and Google in the smart-home market …
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Android Authority, The Verge, MacRumors, Cult of Mac, Patently Apple, SlashGear, Wccftech, iMore, iPhone in Canada Blog, XDA Developers, 9to5Mac, AppleInsider, and iClarified
Tweets: @markgurman, @stevemoser, @ohmdee, @mysticalos, @parismarx, @caro_milanesi, @silviakillings, and @blu3r4d0n
| 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 — (NEXSTAR) - Amazon will be closing its charity program, AmazonSmile, in the coming weeks in order to “focus its philanthropic giving to programs with greater impact.”
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About Amazon, CNBC, The Information, Engadget, GeekWire, Bloomberg, Pocketables, and Slickdeals
Mastodon: @theromit@mastodon.online and @Jeremiah@alpaca.gold
Tweets: @lschmeiser, @shaindelr, @jelvisweinstein, @_chrislreed, @saz33m, @mrjnowlin, @annierpalmer, @daniel_rubino, @8bitblood, and @aniladyanthaya
| 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, Department of Justice, Cointelegraph, TechCrunch, The Block, CyberScoop, BleepingComputer, Wall Street Journal, FinCEN.gov, Bloomberg, CoinDesk, BankInfoSecurity.com, Mashable, Coinpedia Fintech News, BBC, PYMNTS.com, Ars Technica, Chainalysis, Crypto Adventure, Financial Times, SlashGear, Blockworks, Decrypt, NBC News, The Record, and Crypto Daily
Tweets: @tier10k, @jconorgrogan, @zerohedge, @hsakatrades, @fintechfrank, @hsakatrades, @lopp, @lilmoonlambo, @eleanorterrett, @vxunderground, @benedictevans, @jordanschachtel, @0xquit, @dsentralized, @dylanleclair_, @chainalysis, @dylanleclair_, @aureliusvalue, @therecount, @icebergy_, @tier10k, @zerohedge, @eleanorterrett, @functi0nzer0, @fbi, @chainalysis, @wublockchain, @certikalert, and @senwarren
| Eric Newcomer / Newcomer: |
Analysis: Series B valuations fell 50% from a $250M median in Q1 2022 to a $125M median in Q4 2022; Q4 2022's VC activity by volume resembled that of Q2 2020 — Series B valuations were cut in half from the first quarter of 2022 to the last — Early-stage startups finally got the message …
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AngelList and TechCrunch
Tweets: @angellist, @chris_skinner, @skydog811, @spanarin, and @angellist
| 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 — Citing a need to “align our cost structure with our revenue and where we see customer demand,” Microsoft CEO Satya Nadella told employees Wednesday …
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Bloomberg, The Official Microsoft Blog, Bloomberg, CNBC, Kotaku, CNBC, Tom's Hardware, 80 Level, Softpedia News, Video Games Chronicle, The Verge, Mashable, Wall Street Journal, Reuters, Silicon Valley Business …, iTnews, Pandaily, Voice of America, Game Rant, Financial Times, BGR India, Bank Automation News, The Great Reset Diary 2022, Daring Fireball, PC Gamer, Seattle Business Journal, CrackBerry, Neowin, Twinfinite, Associated Press, Axios, MobileSyrup, and Ars Technica
Tweets: @jasonschreier, @jasonschreier, @jasonschreier, @tomwarren, @tomwarren, @garywal, @sivavaid, @carnage4life, @starsandstripes, @_pbnjer, @brandonstirrup, @tomwarren, @stevekovach, @doctor_cupcakes, @tomwarren, @danieltniles, @thedomino, @twthereddragon, @maryjofoley, @ryan_browne_, @kyweise, @domsplaying, @stockmktnewz, @bdsams, @menlobear, @film_girl, @hownottodraw, @davidgura, @tanaypratap, @drtcj, @jordannovet, @jordannovet, @inafried, and @thestalwart. 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, 9to5Mac, Apple on YouTube, 9to5Mac, Ars Technica, Gizmodo, Wall Street Journal, Livemint, MacRumors, iFixit News, MacStories, BGR, Insider, TheStreet, iDownloadBlog.com, Fast Company, Voicebot.ai, Forbes, TechEBlog, Appleosophy, ZDNet, Above Avalon, MakeUseOf, TechCrunch, MobileSyrup, iPhone Hacks, Wired, AppleInsider, and Variety
Tweets: @samifathi_, @tim_cook, @markgurman, @vladsavov, @thejailbreakhub, @asymco, @mostafanageeb, @jonyiveparody, @benedictevans, @filipeesposito, @hrafntho, @ow, @chriswelch, @apollozac, @345triangle, @tomwarren, @charlesarthur, @stevemoser, @10velociraptors, @mattmoniz, @rsgnl, @charlesarthur, @somospostpc, @caro_milanesi, @nicnguyen, @jamestitcomb, @bzamayo, @davidphelan2009, @epro, @apollozac, @brandonbutch, @canoopsy, @bzamayo, @basicappleguy, @richontech, @bzamayo, @asymco, @stevemoser, @joannastern, @basicappleguy, @stevemoser, and @brandonbutch
| Hartley Charlton / MacRumors: |
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The Verge, TechRadar, MacRumors, 9to5Mac, Gizmodo, AppleInsider, BGR, Wccftech, iThinkDifferent, and TidBITS
Tweets: @mkbhd, @rsgnl, @nikiasmolina, @followhomekit, @homewithapple, and @andrew_osu
| 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.
More:
The Register, The Economic Times, BankInfoSecurity.com, CRN, and PaymentSecurity.io
| Zack Whittaker / TechCrunch: |
Mailchimp says a hacker accessed data on 133 accounts via a staff social engineering attack, first detected on January 11, its second breach in six months — Email marketing and newsletter giant Mailchimp says it was hacked and that dozens of customers' data was exposed.
More:
BleepingComputer, The Record, WebProNews, Bloomberg, and The Hacker News
| 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 of 2022's …
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VICE, Windows Central, The Information, Mashable, Digital Trends, Metaverse Post, and Insider
Tweets: @billyperrigo, @billyperrigo, @nkulw, @bgurley, @timnitgebru, @pt, @cori_crider, @pt, @ericnewcomer, @decolonialblack, @timnitgebru, @hkesvani, @erikmbaker, @pt, @spcohn, @claudiakincaid, @neilturkewitz, @mangmangmang, @pt, @merbroussard, @blackamazon, @billyperrigo, @elinor_carmi, @billyperrigo, @billyperrigo, @hare_brain, @charleskriel, and @deekbhardwaj
| Digiday: |
Similarweb: Twitter referral traffic to 12 major news outlets fell 12% on average from November 2022 to December 2022; only traffic to NY Post and Fox News grew — Under the leadership of Elon Musk, Twitter's role as a traffic referral source to publishers' sites is largely declining.
More:
Nieman Lab. Tweets: @mattmcgee, @martyswant, @mehdirhasan, @timgatt, @dimensionmedia, @anthony, @mattnavarra, @martyswant, and @digiday
| 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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Reuters, Insider, Search Engine Journal, and Fortune
| Alexandra Wexler / Wall Street Journal: |
FTX posed as a haven from tumbling currencies and inflation in Africa, where the company recruited users via glitzy events, $5 sign-up bonuses, and giveaways — Cryptocurrency exchange's ambassadors recruited new customers through glitzy events, $5 sign-up bonuses and giveaways
Tweets: @gksteinhauser, @sarahnemerson, @peterguest, @counternotions, and @drewhinshaw
| Financial Times: |
Sources: Founders Fund sold off most of its cryptocurrency 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
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Fortune. Tweets: @financialtimes, @patrickmcgee_, @rajit_h, @conroyforreal, @zeynep, @chafkin, @librariancap, @techwontsaveus, and @mdudas
| Katie Notopoulos / BuzzFeed News: |
Andrew Bosworth talks about Meta's decision to discontinue Portal and how the company nearly made a deal to license Portal's tech and platform to Amazon in 2020 — Meta's CTO Andrew Bosworth told BuzzFeed News how a deal to keep the Portal software going almost happened.Sponsor Posts
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