Techmeme
February 6, 2023, 1:55 PM

Top News

Brody Ford / Bloomberg:
Dell plans to cut ~6,650 jobs, or ~5% of its global workforce, taking its headcount to ~126.3K, down by ~39K from January 2020, as the pandemic-era PC boom ends  —  Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs …
New York Times:
Analysis: despite Elon Musk's pledge in late November 2022, CSAM still spreads on Twitter, sometimes recommended by its algorithm; one video drew 122K+ views  —  Child sexual abuse imagery spreads on Twitter even after the company is notified: One video drew 120,000 views.
Helene Braun / CoinDesk:
Binance is “temporarily suspending US dollar bank transfers” on February 8 and says 0.01% of its monthly active users use USD bank transfers  —  USD bank transfers comprise only a tiny bit of monthly active users, the exchange said.  —  Join the most important conversation …
Ben Thompson / Stratechery:
A look at the four horsemen of the tech recession: a hangover from growth during COVID-19, hardware lifecycles, the end of zero interest rates, and Apple's ATT  —  It really was jarring to see those employment figures the same week that tech company after tech company reported mostly disappointing earnings …
Tim Higgins / Wall Street Journal:
Since buying Twitter, Elon Musk says his workload has reached 120+ hours per week, leading to little sleep and “severe back pain”, as he runs multiple companies  —  At Tesla trial and in tweets, executive gives a glimpse into personal challenges  —  Elon Musk's Tesla Tweets Trial: What to Know
Adam Morgan McCarthy / The Block:
a16z used all its 15M UNI tokens to vote against a proposal to deploy Uniswap V3 on the BNB Chain using the Wormhole bridge; voting is set to end on February 10  —  - A16z used all 15 million of their UNI to vote against the proposal.  The proposal would use the Wormhole bridge for the Uniswap V3 deployment.
James Vincent / The Verge:
Getty Images sues Stability AI in the US for allegedly copying 12M+ images without permission or compensation for training data used to create Stable Diffusion  —  Getty Images has filed a lawsuit in the US against Stability AI, creators of open-source AI art generator Stable Diffusion, escalating its legal battle against the firm.
Jamie Crawley / CoinDesk:
Binance launches a free tool to help users calculate their tax obligations, supporting up to 100K crypto transactions, available initially in Canada and France  —  The tool, initially available to users in Canada and France, supports reporting of up to 100,000 transactions.
Rana Foroohar / Financial Times:
The US DOJ seeking a jury trial over breaking up Google's ad business is risky in antitrust but a smart way to avoid a judge likely to align with a corporation  —  The US Department of Justice is insisting that its new Google suit be tried by a jury  —  Complexity is often used to obfuscate.
Chan Ho-him / Financial Times:
Bloomberg:
JD.com, China Mobile, and other Chinese retailers are discounting iPhone 14 Pro models by ~$118, an unusually steep price cut that suggests dwindling demand  —  Apple Inc.'s latest iPhones are selling at discounts of more than $100 in China, an unusually steep price cut just months after launch …
Ivan Mehta / TechCrunch:
After Twitter said free API access would end on February 9, Elon Musk promises “a light, write-only API for bots providing good content that is free”  —  Last week, Twitter said it is shutting down free access to its APIs starting February 9.  Now, days before the deadline …

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