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January 31, 2023, 5:25 AM
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Top News

Kat Bailey / IGN:
Sources: Microsoft, Nintendo, and Sony do not plan to attend E3 2023, to be held in-person from June 13 to June 16; E3 2022 was canceled due to the pandemic  —  All three of gaming's first-party console manufacturers appear poised to skip E3's big return.  —  E3's first physical event …
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.
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.
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  —  Sony Group Corp. reduced projections for the initial launch of its PlayStation VR2 headset dramatically after early pre-orders disappointed …
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 …
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 …
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
Manish Singh / TechCrunch:
Manu Jain, who led Xiaomi's India business for seven years, leaves, joining a long list of key departures; sources say he pitched investors on EV startup ideas  —  Manu Jain, the executive who helped Xiaomi set up and scale business in India, has left the company, he said Monday …
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 …
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 …

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This is a Techmeme archive page. It shows how the site appeared at 5:25 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

Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody

The Hollywood Reporter:
Disney expects to spend $24B on content in 2025, up from $23.4B in 2024, due to sports programming expenses rising after NFL rate increases and NBA contracts

Matthew Keys / The Desk:
Disney said Disney+ Q4 ARPU in the US and Canada, down 1% QoQ to $7.70, was affected partly by new wholesale arrangements with some distributors

More News

Jack Schickler / CoinDesk:
Independent examiner: Celsius misled investors and sometimes used new customer funds to pay for withdrawals, CEO Alex Mashinsky made false claims, and more
Vox:
Meta, Google, and Amazon leadership are conjuring their companies' “scrappy” startup roots in internal messaging, asking staff to work harder or face layoffs
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

Earlier Picks

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
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
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
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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