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January 31, 2023, 4:15 AM
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Top News

Kat Bailey / IGN:
Sources: Microsoft, Nintendo, and Sony won't be part of E3 2023, to be held in-person from June 13 to June 16; E3 2022 was canceled due to the COVID-19 pandemic  —  All three of gaming's first-party console manufacturers appear poised to skip E3's big return.
Kim Jaewon / Nikkei Asia:
Samsung reports Q4 operating profit down 69% YoY to ~$3.5B, its lowest since Q3 2014, and revenue down 8% YoY to ~$57.3B, citing weak chip and smartphone demand  —  South Korean tech giant's slump expected to continue in first half of this year  —  SEOUL — Samsung Electronics said Tuesday …
New York Times:
Sources: Stripe is aiming to raise ~$2.5B at a $55B to $60B valuation, led by Thrive Capital, which has committed $1B; Stripe was valued at ~$95B in March 2021  —  Thrive has committed $1 billion, which would value the payments provider Stripe at about $55 billion to $60 billion, people with knowledge of the matter said.
Matt Tamanini / The Streamable:
Paramount Global plans to merge its Showtime streaming service with Paramount+'s ad-free tier later in 2023 and call the new offering Paramount+ with SHOWTIME  —  It's been a long time coming, but later this year, Paramount Global will finally fully integrate the streaming arm …
AJ Vicens / CyberScoop:
Kaspersky: from January 2020 to June 2022, hacker groups offered salaries from six figures to $1.2M, bonuses, and paid leave to attract talent on the dark web  —  Despite the obvious risks, tech jobs with hacking groups can be alluring for those who need the money or want to do the work.
Hannah Murphy / Financial Times:
Sources detail Twitter's nascent moves to facilitate payments, a key to becoming a “super app”, as the company files for regulatory licenses across the US  —  Company has started applying for US state licences in bid for fresh revenues beyond advertising
Josh Eidelson / Bloomberg:
The US NLRB says Apple executive comments and policies for staff violate workers' rights, after ex-employees Ashley Gjøvik and Cher Scarlett filed cases in 2021  —  Comments by Apple Inc. executives and policies imposed on employees have been deemed illegal by US National Labor Relations …
Raymond Wong / Inverse:
Nothing CEO Carl Pei says the company had $200M+ in 2022 revenue, up from ~$24M in 2021, and plans to launch a “more premium” Phone (2) in 2023 aimed at the US  —  Nothing CEO Carl Pei tells Inverse the next phone will be “more premium,” the U.S. is the top priority in 2023 …
Jonathan Stempel / Reuters:
A US judge allows the names of the two people who posted SBF's $250M bail to be made public, but stays the ruling until at least February 7 expecting an appeal  —  A U.S. judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried …
Vox:
Meta, Google, and Amazon leadership are conjuring their companies' “scrappy” startup roots in internal messaging, asking staff to work harder or face layoffs  —  Facebook, Google, and Amazon are trying to get their groove back.  —  When Meta's head of people, Lori Goler …
Wall Street Journal:
If the US wins its Google antitrust case, a spinoff is more likely than a sale, valuing the ad businesses at tens of billions and giving advertisers more choice  —  If government prevails, an asset spinoff is thought to be more likely than a sale  —  Google spent the better part …
Dave Michaels / Wall Street Journal:
A profile of Jonathan Kanter, the DOJ's assistant AG for antitrust, a longtime Google foe who filed the US anti-monopoly lawsuit to break up its ad business

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:15 AM ET, January 31, 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

Kate Knibbs / Wired:
The Freedom of the Press Foundation, a shareholder in Paramount, is threatening legal action against the company if it settles with President Trump

Charlotte Tobitt / Press Gazette:
Redbird Capital Partners buys the Telegraph at a £500M valuation, ending nearly two years of ownership limbo; IMI will take a minority investment

Variety:
A24 is shutting down its documentary filmmaking department, laying off five staffers, as sources say the market is too challenging to support an entire division

More News

Takashi Mochizuki / Bloomberg:
Sources: Sony halves its Q1 PlayStation VR2 shipment forecast to ~1M units after disappointing early preorders; the headset will be launched on February 22
Stephanie Murray / The Block:
Alameda Research sues Voyager Digital for $445.8M, seeking to recover loan repayments that Alameda made after Voyager filed for bankruptcy in July 2022
Mary Ann Azevedo / TechCrunch:
Payment card services company Marqeta plans to acquire NYC-based fintech infrastructure startup Power Finance for $223M in cash plus $52M subject to a milestone
Andrew J. Hawkins / The Verge:
Mercedes-Benz becomes the first approved for Level 3 self-driving in the US as Nevada allows Drive Pilot, which still requires the driver's face to stay visible

Earlier Picks

Jon Porter / The Verge:
What to expect from Samsung's Unpacked event on February 1: Galaxy S23, S23 Plus, S23 Ultra, and Galaxy Book 3, but likely no tablets, earbuds, or smartwatches
Andre Romani / Reuters:
Mastercard and Binance expand the prepaid Binance Card beta from Argentina to Brazil, seeking to “broaden the connection between traditional finance and crypto”
Henry Mance / Financial Times:
An interview with Harvard Business School professor Shoshana Zuboff on her frustrations with fragmented efforts to restrain tech companies, privacy, and more
Sankalp Phartiyal / Bloomberg:
Sources: key Apple supplier Jabil begins making AirPods enclosures, or plastic bodies, in India before shipping them to China and Vietnam for earbuds assembly
Financial Times:
The English Premier League strikes a four-year licensing deal with blockchain fantasy sports startup Sorare; sources: Sorare will pay tens of millions per year
Jon Porter / The Verge:
Kuo: Apple plans to release a foldable iPad in 2024, featuring a carbon fiber kickstand, as well as a refreshed iPad mini, after possibly no new tablets in 2023
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