Techmeme
February 10, 2023, 9:00 AM

Top News

Platformer:
Sources: Elon Musk fired a Twitter engineer for suggesting that his engagement numbers are tanking not because of a bug but because his popularity is waning  —  Inside Twitter 2.0, turmoil leaves employees stretched to the max  —  For weeks now, Elon Musk has been preoccupied with worries about how many people are seeing his tweets.
Maria Deutscher / SiliconANGLE:
Microsoft's GitHub cuts 10% of its staff, or an estimated 300+; GitLab cuts 7%, or an estimated 114; report: GitHub will close offices and shift to remote work  —  Microsoft Corp.'s GitHub unit and publicly traded rival GitLab Inc. today both announced layoffs, disclosing plans to let go 10% and 7% of their respective workforces.
Sara Fischer / Axios:
Yahoo plans to lay off 20%+ of its workforce and restructure its ad tech unit, impacting 50%+ of the unit, or 1,600+ people; CEO says the cuts are “strategic”  —  Yahoo plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech unit, executives told Axios.
Lawrence Abrams / BleepingComputer:
Reddit suffered a cyberattack on February 5 during which hackers accessed some documents, code, and business systems; the company says users' passwords are safe  —  Reddit suffered a cyberattack Sunday evening, allowing hackers to access internal business systems and steal internal documents and source code.
CNBC:
PayPal says its CEO and president Dan Schulman will retire and leave the company at the end 2023; Schulman, who became CEO in 2015, will stay on PayPal's board  —  - Schulman became PayPal CEO after the company's split from eBay in 2015.  —  PayPal said on Thursday that CEO and president Dan Schulman …
Michael Potuck / 9to5Mac:
Michael Wayland / CNBC:
GM signs a long-term deal with GlobalFoundries to establish exclusive production capacity at the chip maker's New York facility for GM's key auto suppliers  —  - GM has signed a long-term agreement with GlobalFoundries to establish exclusive production capacity of U.S.-produced semiconductor chips, the companies announced Thursday.
Ted Chiang / New Yorker:
As ChatGPT and other LLMs repackage info into superficial approximations, like lossy compression for images, the web will become a blurrier version of itself  —  OpenAI's chatbot offers paraphrases, whereas Google offers quotes.  Which do we prefer?  —  In 2013, workers at a German …
Bloomberg Law:
A US jury finds an artist violated Hermès' rights to the Birkin trademark in 2021 by creating and selling MetaBirkin 100 NFTs depicting versions of the handbags  —  Luxury brand Hermès International SA won its lawsuit against the digital artist behind “MetaBirkin” …
Rachael Levy / Reuters:
The US DOT is investigating Neuralink over the potentially illegal movement of hazardous pathogens, after animal welfare group PCRM wrote to Pete Buttigieg  —  The U.S. Department of Transportation said on Thursday it is investigating Elon Musk's brain-implant company Neuralink …
Austin Weinstein / Bloomberg:
Kraken agrees to pay $30M and discontinue its crypto-asset staking products to settle SEC allegations that its staking services broke US securities rules  —  Kraken will pay $30 million to settle Securities and Exchange Commission allegations that it broke US securities rules …
Rohan Goswami / CNBC:

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