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January 31, 2023, 8:40 PM
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WeSmirchTop News
| 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, CNET, Gizmodo, CNN, Zero DD, Social Media Today, Engadget, iPhone in Canada Blog, BGR, and The Information
Mastodon: @louisgray@mastodon.social and @caseynewton@mastodon.social
Tweets: @kevin, @nikitabier, @abdur, @seyitaylor, @rmstein, @chrismessina, @martinsfp, @rebexxxxa, @scottnover, @malcolmmoore, @caseynewton, @drewcoffman, @lmatsakis, @obrien, @j_k9, @sharpshoot, @bryce, @howardlindzon, @amasad, @taylorlorenz, @rich_harris, @levie, @richontech, @melissamdaniels, @joshconstine, @larakate, @jjvincent, @zoeschiffer, @kantrowitz, @jessicalessin, and @rafat
| 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 Information, Gamereactor UK, Press Start, Windows Central, GeekWire, Engadget, Appuals.com, Wccftech, MobileSyrup, IGN, Thurrott, GameSpot, Game Rant, TheGamer, Kotaku, GamingBolt, Gameranx, Neowin, Destructoid, OnMSFT.com, Pure Xbox, WhatIfGaming, Dot Esports, KitGuru, and Game Developer
Tweets: @jasonschreier, @paultassi, @artforsaurian, @porshapwr, @theactman_yt, @jeremypenter, @jedinabber, @shyway, @cyynapse, and @vahn16
| 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, Wall Street Journal, TechCrunch, PCWorld, CNN, The Register, NBC News, BuzzFeed News, Engadget, SiliconANGLE, The Verge, Watcher Guru, Search Engine Land, iPhone in Canada Blog, Top Startups 2023, Mashable, PCMag, Reuters, VICE, TheStreet, Livemint, CNBC, Voicebot.ai, Semafor, MakeUseOf, and Search Engine Journal
Tweets: @pkedrosky, @yoda, @bobbrinker, @rustybrick, @samfbiddle, @jamespmcleod, @econompic, @youngbloodjoe, @joannastern, @kantrowitz, and @paulg
| 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, Reuters, PYMNTS.com, The Information, Forbes, Silicon Valley Business …, Payments Dive, Engadget, Bloomberg, SiliconANGLE, Associated Press, The Hill, Fortune, and Top Startups 2023
Tweets: @dimartinobooth and @dimartinobooth
| 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, Protos, Quartz, Inside Bitcoins, Crypto Adventure, Watcher Guru, Crowdfund Insider, CryptoSlate, Cointelegraph, Financial Times, Crypto Briefing, Cryptopolitan, CryptoPotato, The Daily Hodl, The Information, Ethereum World News, and crypto.news
Tweets: @kadhim, @camcrews, @kadhim, @ramahluwalia, @kadhim, @emilyjnicolle, @camcrews, @kadhim, @bitfinexed, @kadhim, @celsiusnetwork, @crypt0snews, @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, @mayazi, @bitfinexed, @celsiansnetwork, @petenostop, @tiffanyfong_, @chazzonke, @smtuffy, and @frances_coppola
| 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.
More:
Marques Brownlee on YouTube, MacRumors, Wall Street Journal, Engadget, Forbes, TechCrunch, CNET, MacRumors, Andru Edwards on YouTube, Pocket-lint, What Hi-Fi?, Digital Trends, PCMag, MobileSyrup, Tom's Guide, TheStreet, MacDailyNews, BGR, 9to5Mac, The Apple Post, iDownloadBlog.com, iClarified, iPhone in Canada Blog, iJustine on YouTube, The Irish Times, Wccftech, iMore, Cult of Mac, AppleInsider, AppleInsider, and MacRumors
Tweets: @chriswelch, @detroitborg, @cnet, @jonyiveparody, @jp2e, and @supersaf
| Bill Toulas / BleepingComputer: |
Microsoft disabled multiple fraudulent, verified Microsoft Cloud Partner Program accounts for creating malicious OAuth apps used to steal customers' emails — Microsoft has disabled multiple fraudulent, verified Microsoft Partner Network accounts for creating malicious OAuth applications …
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Proofpoint, Microsoft Learn, Dark Reading, SecurityWeek, BankInfoSecurity.com, and SC Media. Tweets: @proofpoint
| Jonathan Vanian / CNBC: |
Snap Q4: revenue flat YoY at $1.3B, vs. $1.31B est., DAUs up 17% YoY to 375M, vs. 375.3M est., and a $288M net loss, vs. $23M in net income YoY; stock down 13%+ — - Snap missed on revenue for the fourth quarter but beat on earnings. — Snap had a rough 2022, as a slowing economy led numerous companies … | 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 …
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GamesIndustry.biz, TechSpot, MobileSyrup, Game Rant, TweakTown, KitGuru, TechRadar, Thurrott, Forbes, Ars Technica, Android Central, TheGamer, Gameranx, KnowTechie, Kotaku, Appuals.com, UploadVR, and GameSpot
Tweets: @chris_dring, @gamingguru456, @wario64, @mldghost, @taronuke, @tomwarren, @nickstatt, @ogg1993, @tomwarren, and @paultassi
| 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
More:
Spotify, CNBC, Variety, The Verge, Deadline, Wall Street Journal, XDA Developers, AppleInsider, MobileSyrup, Fast Company, 9to5Mac, and Thurrott
Tweets: @eldsjal, @xpangler, @dada_drummer, @spotifynews, @carnage4life, @astaniscia86, @eric_seufert, @mark_mulligan, @lucas_shaw, and @spotifynews
| Sylvia Varnham O'Regan / The Information: |
Sources: Meta executives are debating whether to relax the company's long-standing opposition to sharing ad revenue with creators, as it seeks to boost Reels — When Wall Street analysts dial into an earnings call tomorrow with Mark Zuckerberg, they're likely to pepper the Meta Platforms CEO …
Tweets: @amir, @pkafka, @sylviavarnham, @kelliliegel, @mattnavarra, @corelampone, and @theinformation
| 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 …
More:
Advanced Micro Devices, Inc., iTnews, The Information, SiliconANGLE, Thurrott, The Verge, Wall Street Journal, Bloomberg, VentureBeat, TheStreet, Reuters, and ServeTheHome
Tweets: @suburbandrone, @iancutress, and @chernandburn
| 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, XDA Developers, Engadget, SlashGear, Gizmodo, and Search Engine Land
Tweets: @rustybrick and @martinsfp
| 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 10% — The game publishing giant reduced its full year revenue expectations by about half a billion dollars in its latest quarter guidance.
More:
Electronic Arts Inc., 9to5Google, VentureBeat, CNET, Reuters, The Hollywood Reporter, Comic Book, Barron's Online, MarketWatch, TipRanks Financial, and StreetInsider.com
Tweets: @respawn, @skizzleaxe, @wario64, @bfbulletin, and @femennenly
| 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.| 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, Seeking Alpha, and WRAL TechWire
| 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 and @tnatw
| Reuters: |
Samsung reports ~$1.38B in Q4 mobile profit, down from ~$2.15B in Q4 2021, and does not plan to slash chip investment from 2022 to 2023, in contrast to rivals — South Korea's Samsung Electronics Co Ltd (005930.KS) on Tuesday indicated it has no plan to cut investment in chips this year …
More:
The Korea Herald, Financial Times, and AppleInsider
Tweets: @mayhem4markets, @realchetblong, @dnystedt, @dnystedt, @skundojjala, @cherykang, @skundojjala, @realchetblong, and @mayhem4markets
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5 common accounting mistakes — This is a guest post by Yaali Bizappln Solutions. A lot of businesses manage their customers and finances on separate platforms. This disconnect often leads to missed invoices …
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Tweets: @tier10k, @tier10k, @sgodofsk, and @autismcapital