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January 31, 2023, 4:55 PM
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| Casey Newton / Platformer: |
Instagram co-founders Kevin Systrom and Mike Krieger form a venture to explore next-gen social apps; the first is Artifact, a TikTok-like app for news articles — EXCLUSIVE: Meet Artifact, a kind of TikTok for text — Kevin Systrom and Mike Krieger are back.
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Artifact, CNN, Engadget, The Information, Social Media Today, TechCrunch, and iPhone in Canada Blog
Mastodon: @louisgray@mastodon.social and @caseynewton@mastodon.social
Tweets: @kevin, @scottnover, @malcolmmoore, @rich_harris, @seyitaylor, @chrismessina, @martinsfp, @rebexxxxa, @caseynewton, @drewcoffman, @lmatsakis, @obrien, @j_k9, @sharpshoot, @bryce, @howardlindzon, @amasad, @taylorlorenz, @levie, @richontech, @melissamdaniels, @joshconstine, @larakate, @jjvincent, @kantrowitz, and @jessicalessin
| Jason Schreier / Bloomberg: |
A look at Microsoft's prized 343 Industries, the studio behind Halo, after a leadership overhaul, layoffs, and more; sources detail a pivot to Unreal Engine — Microsoft Corp. says it's going to keep making new games in the popular Halo franchise at its prized 343 Industries studio — despite rumors to the contrary.
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The Verge, GeekWire, Engadget, Windows Central, Thurrott, Game Developer, MobileSyrup, WhatIfGaming, Wccftech, IGN, Dot Esports, Destructoid, Game Rant, Kotaku, Dexerto, Neowin, GamingBolt, TheGamer, GameSpot, Gameranx, OnMSFT.com, and Pure Xbox
Tweets: @paultassi, @jedinabber, @vahn16, @jasonschreier, @porshapwr, and @theactman_yt
| Jack Schickler / CoinDesk: |
Independent examiner: Celsius misled its investors, sometimes used new customer funds to pay for withdrawals, CEO Alex Mashinsky made false claims, and more — Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme
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United States Bankruptcy Court SDNY, Reuters, Reuters, Protos, The Block, The Block, The Information, Quartz, Cointelegraph, The Daily Hodl, Financial Times, CryptoSlate, Financial Times, Crypto Briefing, Cryptopolitan, Blockworks, Bloomberg, Ethereum World News, CoinGape, and crypto.news
Tweets: @kadhim, @camcrews, @kadhim, @kadhim, @ramahluwalia, @emilyjnicolle, @camcrews, @kadhim, @bitfinexed, @kadhim, @satoshiflipper, @celsiansnetwork, @frances_coppola, @annmlipton, @kadhim, @thomasbraziel, @mikealfred, @tphillips, @aftxcreditor, @simondixontwitt, @loomdart, @cryptohunter0x, @cryptohunter0x, @petenostop, @camcrews, @petenostop, @celsiansnetwork, @eliotwb, @kylesgibson, @silvermanjacob, @simondixontwitt, @shinnosuke1959, @ramahluwalia, @bitfinexed, @celsiusnetwork, @mayazi, @bitfinexed, @celsiansnetwork, and @petenostop
| Ina Fried / Axios: |
OpenAI debuts a free web-based tool to help determine if text was written by a machine, rated as “very unlikely”, “unlikely”, “unclear”, “possible”, or “likely” — - “It has both false positives and false negatives,” …
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OpenAI, BleepingComputer, CNN, Search Engine Land, Engadget, The Verge, PCMag, VICE, TheStreet, Bloomberg, Insider, Associated Press, Search Engine Journal, MakeUseOf, Voicebot.ai, CNBC, and Semafor
Tweets: @kantrowitz, @samfbiddle, @yoda, @bobbrinker, @rustybrick, @jamespmcleod, @econompic, @youngbloodjoe, and @joannastern
| The Verge: |
Apple HomePod (second-gen) review: similarly good sound quality, useful sensors, and a responsive Siri, but pricey and the best experience is via a paired set — Apple's second take on the HomePod doesn't stray far from the original, but it's better all around.
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Marques Brownlee on YouTube, MacRumors, MacRumors, Wall Street Journal, Engadget, Forbes, TechCrunch, CNET, Pocket-lint, Digital Trends, PCMag, MobileSyrup, TheStreet, Tom's Guide, MacDailyNews, BGR, 9to5Mac, The Apple Post, iDownloadBlog.com, iClarified, iPhone in Canada Blog, iJustine on YouTube, Wccftech, iMore, Cult of Mac, AppleInsider, and MacRumors
Tweets: @chriswelch, @rsgnl, @detroitborg, @maxwinebach, @mkbhd, @cnet, @maxwinebach, @jonyiveparody, @jp2e, and @supersaf
| Takashi Mochizuki / Bloomberg: |
Sources: Sony halves its PlayStation VR2 shipment forecast to ~1M units in Q1 after early preorders disappointed; the headset is slated to launch on February 22 — Sony Group Corp. reduced projections for the initial launch of its PlayStation VR2 headset dramatically after early pre-orders disappointed … | Anna Nicolaou / Financial Times: |
Spotify reports Q4 revenue up 18% YoY to €3.2B and a €270M loss, up from €39M YoY, as operating costs rose 44% YoY, and adds 10M paying subscribers to hit 205M — Music streaming group adds subscribers but is hit by rise in operating expenses
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Spotify, XDA Developers, Variety, The Verge, CNBC, Wall Street Journal, MobileSyrup, Fast Company, 9to5Mac, The Hollywood Reporter, Thurrott, and Spotify
| Ashley Capoot / CNBC: |
PayPal plans to lay off ~2,000 employees, or ~7% of its workforce, “over the coming weeks”, as the company addresses the “challenging macroeconomic environment” — - PayPal on Tuesday announced plans to lay off 2,000 employees, or around 7% of its workforce.
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PayPal Newsroom, Bloomberg, Forbes, Payments Dive, Engadget, Associated Press, Reuters, The Hill, Barron's Online, Fortune, and Axios
| Haomiao Huang / Ars Technica: |
A look at generative AI's history and advances before recent breakthroughs, including Nvidia's CUDA, convolutional neural networks, and Google's transformers — A new class of incredibly powerful AI models has made recent breakthroughs possible. — Progress in AI systems often feels cyclical.
Tweets: @elipariser, @arstechnica, and @tnatw
| Jillian Deutsch / Bloomberg: |
A draft EU “fair-share” document proposes making Netflix, Alphabet, and other “large traffic generators” to help pay for next-generation internet infrastructure — The European Union is weighing a proposal to make technology companies that use the most bandwidth …
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9to5Mac, The Information, MacDailyNews, AppleInsider, and Thurrott
Tweets: @lynnmdoan, @carnage4life, and @glynmoody
| Gerry Smith / Bloomberg: |
Sources: as Apple launches MLS Season Pass, the company is shopping ad packages for up to ~$4M per season, without guaranteeing advertisers viewership numbers — Apple Inc. will launch its new streaming service for Major League Soccer this week with a lot of the traditional practices of TV advertising kicked to the sidelines.| Matt Binder / Mashable: |
Twitter shuts down CoTweets, an experimental feature that let two users author and publish a tweet in tandem; in a month, CoTweets will show a single author — If you're reading this, it's already too late to post a CoTweet. — Did you use Twitter's fairly new CoTweets feature?
More:
Twitter Help Center, The Verge, Engadget, Gizmodo, Search Engine Land, and Social Media Today
Tweets: @rustybrick and @martinsfp
| Lauren Feiner / CNBC: |
A look at US cases that may set the bounds of free speech online, including Gonzalez v. Google, Twitter v. Taamneh, and a fight over California's kid safety law — - The U.S. justice system, including the Supreme Court, will consider cases that will help determine the bounds of free expression on the internet.
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The Guardian, Roll Call, USA Today, Newstrail.com, and Tech Xplore
Tweets: @netchoice, @jimsteyer, @evan_greer, @aclu, @adamkovac, @dcnorg, and @jess_miers
| Mike Butcher / TechCrunch: |
Tech Nation, the UK-sanctioned tech ecosystem builder, plans to shut down on March 31 after 10+ years, due to losing its grant funding to a Barclays-run program — After over ten years in operation, Tech Nation, the UK's government-sanctioned ecosystem builder for UK tech startups … | Brian Merchant / Los Angeles Times: |
The goal of the Big Tech layoffs is to bring workers to heel and cultivate an insecure workforce, as an official recession hasn't hit the US or its tech sector — In Silicon Valley, the new year began as the last one ended — with tens of thousands of tech workers losing their jobs.
More:
Yahoo Finance and WRAL TechWire
| Parmy Olson / Bloomberg: |
The European Commission plans to require that country regulators report six times a year on GDPR investigations and more, after a complaint by rights group ICCL — It's well established that the European Union has some of the strictest privacy laws in the world, threatening fines of up to 4% of a company's annual turnover.
More:
Irish Council …, The Irish Times, TechCrunch, Neowin, and Engadget
Tweets: @johnnyryan, @noybeu, @astaniscia86, @iccltweet, @robertjbateman, @maxschrems, @jason_kint, and @caffar3cristina
| Jonathan Stempel / Reuters: |
A US judge says the names of the two people who posted SBF's $250M bail can be made public, but holds 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 …
More:
PYMNTS.com, The Intercept, TheStreet, and crypto.news
Tweets: @tier10k, @tier10k, @kenklippenstein, and @sgodofsk
| Kif Leswing / CNBC: |
AMD reports Q4 revenue up 16% YoY to $5.6B, vs. $5.5B est., net income down 98% YoY to $21M, and Client segment revenue down 51% YoY due to weak PC chip sales — - AMD reported fourth quarter earnings on Tuesday, beating Wall Street expectations for sales and profit, but guided analysts …
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VentureBeat, TheStreet, Reuters, and Advanced Micro Devices, Inc.
Tweets: @iancutress and @iancutress
| TJ Denzer / Shacknews: |
EA Q3: revenue up 5% YoY to $1.88B, vs. $2.5B est., net income up 209% YoY to $204M, net bookings down 9% YoY to $2.34B, and lowers FY guidance; stock drops 5%+ — The game publishing giant reduced its full year revenue expectations by about half a billion dollars in its latest quarter guidance.
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Reuters, Comic Book, Barron's Online, MarketWatch, StreetInsider.com, and TipRanks Financial
| 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 — Cybercrime is a booming business. So, like any other thriving market, the masterminds behind ransomware syndicates or online scam operations need workers, too.
More:
Axios, TechRadar, and Metacurity
Tweets: @vxunderground, @aminsabeti, @weldpond, and @securelist
| Sean Hollister / The Verge: |
Anker admits its Eufy security cameras are not natively E2E encrypted and produced unencrypted video streams for Eufy's web portal, but says the flaws are fixed — / Anker admits its always-encrypted cameras weren't always encrypted — and promises to do better. … First, Anker told us it was impossible.| 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 …
More:
Samsung Newsroom, Ars Technica, Android Police, HPCwire, Total Telecom, and Thurrott
| Reuters: |
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Financial Times, Bloomberg, DCD, Wall Street Journal, and AppleInsider
Tweets: @mayhem4markets, @realchetblong, @dnystedt, @dnystedt, @reuterstech, @skundojjala, @cherykang, @skundojjala, and @realchetblong
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CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
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