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January 25, 2023, 11:00 PM
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memeorandum
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| Axios: |
Meta plans to reinstate Donald Trump's Facebook and Instagram accounts in the coming weeks with “new guardrails to deter repeat offenses”, after a two-year ban — - “We've always believed that Americans should be able to hear from the people who want to lead the country,” Clegg told Axios.
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Tweets: @nickclegg, @repadamschiff, @joycewhitevance, @oversightboard, @brianstelter, @rashadrobinson, @wajahatali, @wajahatali, @joelkatz, @zaleskiluke, @fboversight, @wajahatali, @dashdobrofsky, @mzhemingway, @evacide, @aclu, @mehdirhasan, @naominixwrites, @jeffjarvis, @naominixwrites, @evan_greer, @donwinslow, @jgreenblattadl, @nickclegg, @jamesclayton5, @sarafischer, @kaitlancollins, @benshapiro, @victorshi2020, @bryson_m, @billym2k, @fboversight, @accountabletech, @meridithmcgraw, @donmoyn, @janschakowsky, @mikeisaac, @oversightboard, @jameeljaffer, @brianstelter, @gardnerakayla, @nickclegg, @oliverdarcy, @nickclegg, @attorneynora, @cwarzel, @oversightboard, @evan_greer, @public_citizen, @oversightboard, @matthewkeyslive, @janschakowsky, @michaelsteele, @strategistmag, @janschakowsky, @atrupar, @parkermolloy, @atrupar, @jesselehrich, @parkermolloy, @mikeisaac, @justinhendrix, @donmoyn, @oversightboard, and @sarafischer
| Newley Purnell / Wall Street Journal: |
Twitter reinstates some Hindu nationalist accounts popular in India, including some denigrating Muslims, and blocks links to a BBC documentary on Narendra Modi — Human-rights groups say they have seen a rise in anti-Muslim material on the platform — Twitter Inc. under Elon Musk …
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The Intercept, Washington Post, VICE, NBC News, BBC, Foreign Policy, The Guardian, The Verge, Insider, The Hollywood Reporter, CNN, TIME, Slate, New York Times, Variety, and The Guardian
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| Dan Ladden-Hall / The Daily Beast: |
After an uproar, Twitter suspends US white nationalist Nick Fuentes' verified account, one day after lifting the Holocaust denier's ban that began in July 2021 — ‘FUN WHILE IT LASTED’ — Twitter's decision to reinstate the account of unabashed neo-Nazi Nick Fuentes worked out about exactly …
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TechCrunch, The Hill, Reuters, Rolling Stone, Insider, Social Media Today, and Did Nothing Wrong
| Wall Street Journal: |
Sources: Elon Musk's team has been exploring selling up to $3B in potential new Twitter shares to help repay some of the $13B in debt tacked on for the buyout — Elon Musk's team has held talks with investors about raising up to $3 billion to repay some of the $13 billion in debt tacked onto Twitter Inc …
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The Verge, TheStreet, iPhone in Canada Blog, Watcher Guru, and Reuters
Tweets: @elonmusk, @tweetermeyer, @stockmktnewz, @lopezlinette, and @b52malmet
| Bloomberg: |
How Elon Musk's Twitter usage and stewardship is making him toxic for many Tesla customers and shareholders at a time when the company badly needs new business — If Elon Musk has a tragic flaw, it isn't his temper, or his treatment of underlings, or his refusal to follow securities laws.| Brody Ford / Bloomberg: |
IBM plans to lay off about 1.5% of its global workforce, or around 3,900 jobs, focusing on workers who remained after spinning off Kyndryl and Watson Health — International Business Machines Corp. delivered an upbeat annual sales forecast while announcing it would eliminate about 1.5% …
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CRN, Reuters, SiliconANGLE, Barron's Online, Wall Street Journal, Financial Times, and WRAL TechWire. Tweets: @brodyford_
| Jordan Novet / CNBC: |
IBM reports Q4 revenue of $16.69B, flat YoY, vs. $16.4B est., net income up 16% YoY to $2.71B, and software revenue up 2.8% YoY to $7.29B, vs. $7.12B est. — - IBM managed to avoid posting a revenue decline. — The company plans to cut about 3,900 jobs, or 1.5% of its workforce.| Bryce Elder / Financial Times: |
FT Alphaville closes its Mastodon server and reflects on why running a social media site is a bad idea, including due to reputational, legal, and security risks — Extinction looms for FTAV's Mastodon presence — A few months ago, FT Alphaville thought it might be fun to host a Mastodon server.| Manish Singh / TechCrunch: |
After an antitrust order in India, Google plans to add third-party billing for apps and games in February, revise phone maker and partner agreements, and more — Google is revising its business agreements with phonemakers and other partners in India and making a series of other changes …
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Google, iTnews, Gizmodo, The Verge, Android Police, SamNews 24, Inc42 Media, Android Intelligence, MakeUseOf, Android Authority, 9to5Google, TechRadar, Engadget, SPARROWS NEWS, Gizchina, Neowin, MediaNama, BGR India, The Economic Times, Livemint, NextPit, and Reuters
Tweets: @ajaydata, @refsrc, and @mishaalrahman
| Akriti Sharma / Reuters: |
Microsoft resolved a networking issue impacting Azure, Outlook, Teams, and other services globally for hours; services in China and for governments were not hit — Microsoft Corp (MSFT.O) on Wednesday said it had recovered all of its cloud services after a networking outage took … | Ryan Smith / AnandTech: |
SK hynix announces LPDDR5T, its latest memory chip for mobile devices, with a 9.6Gbps data transfer speed, 13% faster than the predecessor LPDDR5X's 8.5Gbps — In a bit of a surprise move, SK hynix this week has announced a new variation of LPDDR5 memory technology, which they are calling LPDDR5T.
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SK hynix Newsroom, SPARROWS NEWS, HotHardware, and GSMArena.com
| Ryan Browne / CNBC: |
London-based crypto exchange Luno, owned by DCG, lays off 35% of its global workforce, citing market “turbulence”; Luno has a ~960 headcount per its LinkedIn — - London-based crypto exchange Luno informed employees of the redundancies at 12 p.m. GMT on Wednesday in a live-streamed town hall.
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Luno, Cointelegraph, Neowin, Reuters, crypto.news, Techpoint Africa, CoinGape, and The Information
| Edward Gately / Channel Futures: |
North Carolina-based Zift Solutions, whose ZiftOne tool helps companies manage channel marketing, sales, and operations, raised $70M led by Investcorp — ITP's investment will help accelerate Zift Solutions' GTM strategy and continued international expansion.
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Zift Solutions
| Ian King / Bloomberg: |
Lam Research, one of the three biggest US chip manufacturing equipment providers, plans to cut ~7% of its workforce to reduce expenses, or ~1,300 jobs worldwide — Lam Research Corp., one of the three biggest providers of chip-manufacturing equipment in the US, is cutting about 7% …
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Silicon Valley Business …, Oregonian, and MarketWatch
| CoinDesk: |
Report: South Korean prosecutors are seeking the arrest of Bithumb owner Kang Jong-Hyun, as part of a wider probe into the crypto exchange and its affiliates — Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.
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crypto.news, CryptoPotato, Cointelegraph, CoinGape, and The Crypto Basic
| Kalhan Rosenblatt / NBC News: |
Wharton School Professor Christian Terwiesch found that OpenAI's ChatGPT was able to pass the final exam for the school's MBA program, scoring between B- and B — ChatGPT uses AI to pass final exam at UPenn's Wharton — New research conducted by a professor at University … | Ingrid Lunden / TechCrunch: |
Dell acquires Tel Aviv-based Cloudify, a platform for cloud orchestration and infrastructure automation, sources say for ~$100M; Cloudify raised less than $8M — Dell is making an acquisition to beef up its cloud services business, specifically its offerings in DevOps: the company is buying Cloudify …
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SEC.gov
| Wall Street Journal: |
Sources: Meta pays BuzzFeed to generate creator content for Facebook and Instagram and to train creators to grow online as part of a ~$10M deal reached in 2022 — Partnership marks latest iteration of yearslong relationship between digital publisher and social-media giant
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The Information. Tweets: @chrisharihar, @rufustfireflyjr, @rr_edmonds, @rwmann, @abebrown716, and @maghielse
| Bloomberg: |
Sources: the FBI and the DOJ are examining Snapchat's role in the spread and sale of fentanyl-laced pills in the US, as part of a broader counterfeit drug probe — Federal agencies are questioning Snapchat's role in the spread and sale of fentanyl-laced pills in the US as part of a broader probe …
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CNET, Esquire, KDFX-TV, U.S. Congressman Larry …, The States, Congressman Richard Hudson, CNBC, and Gizmodo
Tweets: @ocsheriffbarnes, @cathymcmorris, @ocsheriffbarnes, @jasonleopold, @jasonleopold, and @livcarville
| Frederic Lardinois / TechCrunch: |
Google previews features for its open-source multiplatform UI framework Flutter, like RISC-V support and easier embedding of Flutter code into existing apps — Flutter, Google's open-source framework for building multi-platform apps for mobile, web and desktop, is hosting its Flutter Forward event in Nairobi, Kenya today.
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The Register, Flutter, SiliconANGLE, Thurrott, XDA Developers, 9to5Google, and 9to5Google. Mastodon: @timbray@hachyderm.io
| Yogita Khatri / The Block: |
Gemini-owned NFT platform Nifty Gateway's co-founders Duncan and Griffin Cock Foster leave the company, as Tyler and Cameron Winklevoss battle to save Gemini — - Nifty Gateway co-founders Duncan and Griffin Cock Foster are leaving Gemini. — Their departure comes amid challenging times at Gemini …
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crypto.news, Decrypt, CoinDesk, and Cointelegraph
Tweets: @dccockfoster, @niftygateway, @dccockfoster, @dccockfoster, and @mdudas
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