|
February 11, 2023, 3:15 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| Financial Times: |
Sources: Meta has delayed finalizing multiple teams' budgets while it prepares a fresh round of job cuts, slowing down projects even in priority areas — Mark Zuckerberg's aim of wrestling costs in his ‘year of efficiency’ causes disruption at the social media company| Jonathan Greig / The Record: |
The City of Oakland confirms reports of a ransomware attack on its networks but says 911, financial data, and fire and emergency resources were not impacted — The City of Oakland confirmed reports that its networks had been hit with ransomware after rumors emerged online that several agencies …
More:
The San Joaquin Valley Sun, BleepingComputer, City of Oakland, Security Affairs, and Mercury News
Tweets: @liammcurley, @hyphy_republic, @brettcallow, and @therecord_media
| Bloomberg: |
Source: PayPal is pausing work on its stablecoin as regulators increase their scrutiny of cryptocurrencies and its key partner Paxos faces a probe in New York — PayPal Holdings Inc. is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner …
More:
CoinDesk, Reuters, Crypto Daily, Bitcoin News, Ethereum World News, Bitcoinist.com, Cryptopolitan, Watcher Guru, CryptoSlate, CNET, Fortune, The Information, The Block, Coinspeaker, Cointelegraph, Cryptonews, and Forkast
Tweets: @arturo_p_a, @mdudas, and @mdudas
| Charlotte Van Campenhout / Reuters: |
An advertising joint venture by Deutsche Telekom, Orange, Telefonica, and Vodafone to rival Meta and Google wins unconditional EU antitrust approval — Deutsche Telekom (DTEGn.DE), Orange (ORAN.PA), Telefonica (TEF.MC) and Vodafone (VOD.L) on Friday secured unconditional EU antitrust approval …
More:
European Commission. Tweets: @astaniscia86, @wolfiechristl, @montezumachavez, and @robertjbateman
| John Herrman / New York Magazine: |
How Rumble, which claims to have 71M MAUs, became the only success story in right-wing social media, by letting creators who are banned elsewhere monetize video — For a moment, the right's longtime dream of an alternative social media seemed within reach.
Tweets: @ben_kew, @ggreenwald, and @jwherrman
| Kevin McLaughlin / The Information: |
Source: Microsoft shut its Industrial Metaverse Core team, formed in October 2022 to build tools for industrial settings, and laid off the team's ~100 employees — In a surprising reversal, Microsoft has killed a team it formed four months ago to help customers use the metaverse in industrial settings …
More:
Blockworks, DCD, Cryptonews, Metaverse Post, BigTechWire, and CoinDesk
Tweets: @pradeepviswav and @e3waitfor2020
| Dina Bass / Bloomberg: |
| Benedict Evans: |
An overview of macro tech trends, with a focus on the e-commerce slowdown, Amazon, layoffs, advertising, and generative AI opportunities beyond text and images — Presentations Every year, I produce a big presentation exploring macro and strategic trends in the tech industry. This year, ‘The New Gatekeepers’.
More:
The Atlantic, Observer, Tech Xplore, and Redmond Pie
Tweets: @marshallk, @perplexity_ai, @jonathankriner, @mirkolorenz, @marshallk, @tonicowanbrown, @benedictevans, and @cjpberry
| David Adeleke / Rest of World: |
Lagos-based Jumia, once hailed as the “Amazon of Africa”, has seen its stock drop 85%+ since its April 2019 IPO amid falling customer growth and mounting losses — Its stock has fallen 70% since its IPO as growth stalls and operating losses mount. — • ABUJA, NIGERIA
Tweets: @ulonnaya, @restofworld, @eajene, and @naijaflyingdr
| Michael Kan / PCMag: |
Mercury Research: x86 CPU shipments from Intel, AMD, and others fell 34% YoY and 19% QoQ in Q4, the biggest drops in 30 years; 374M units were shipped in 2022 — Low demand and excess inventory cause a huge decline in x86 CPU shipments for Q4, according to Mercury Research.| Saksha Menezes / Bloomberg: |
Analysis: Apple's 2020-2022 revenue per new hire was $2.51M, up from $1.17M during 2017-2019, and above Meta's $0.79M, Microsoft's $1.06M, and other peers — There's a reason why Apple Inc. is under less pressure than tech peers to slash jobs during the current slowdown: It hired more efficiently in the first place.
More:
Philip Elmer‑DeWitt, 9to5Mac, AppleInsider, MacDailyNews, Patently Apple, and The Information. Tweets: @lisaabramowicz1
| Andy Greenberg / Wired: |
A look at Sinbad.io, a Bitcoin mixer launched in October 2022 that appears to have become the preferred outlet for North Korean hackers to launder stolen crypto — The world's most prolific crypto thieves have used Sinbad.io to launder tens of millions. Its creator, “Mehdi,” answers WIRED's questions.
Tweets: @a_greenberg
| Chris Stokel-Walker / Fast Company: |
Former staff say Twitter needs to update its systems to enact Elon Musk's asks, but the mass layoffs have brought code freezes and vast concurrent code changes — Twitter's outage on Wednesday, which saw the site rendered unusable for most users by blocking people from tweeting within the app …
More:
The Verge, The i Paper, and 9to5Mac
Tweets: @kyliebytes, @skdh, @clancynewyork, @stevanzetti, @mingle74, @stokel, and @stokel. Thanks:@stokel
Sponsor Posts
Microsoft:
6 AI Trends to Watch in 2025 — Explore insight from Microsoft on key AI advancements that will shape our work and daily lives in the coming year.
6 AI Trends to Watch in 2025 — Explore insight from Microsoft on key AI advancements that will shape our work and daily lives in the coming year.
Genesys:
The Levels of Experience Orchestration — What's your vision for the future of customer experience? See how AI can transform your business - and take you to the next level.
The Levels of Experience Orchestration — What's your vision for the future of customer experience? See how AI can transform your business - and take you to the next level.
Zoho:
Key Highlights of 2024: Recalling a Year of Progress and Advancements! — As we step into 2025, we're excited to share the progress and developments we've made to simplify and streamline your travel and expense management in the past year.
Key Highlights of 2024: Recalling a Year of Progress and Advancements! — As we step into 2025, we're excited to share the progress and developments we've made to simplify and streamline your travel and expense management in the past year.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more — We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics. Download reports immediately for just $100.
Discover the top reporters on AI, VR, policy, and much more — We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics. Download reports immediately for just $100.Who's Hiring In Tech?
Techmeme Ride Home:
Wed. 01/08 - Fallout From Meta's Content Moderation Changes
The day's tech news, every day. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 3:15 PM ET, February 11, 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
Variety:Business Insider:
Ray Schultz / MediaPost:
Upcoming Tech Events
More News
| Mark Spoonauer / Tom's Guide: |
More:
Android Police, MakeUseOf, Android Authority, IGN, Android Central, PCMag, CNET, TechCrunch, Engadget, Android Police, Digital Trends, KnowTechie, PhoneArena, ZDNet, and SamMobile. Tweets: @zoneoftech
| Financial Times: |
More:
Data Center Knowledge, CircleID, and Total Telecom
Tweets: @aseymourdc, @pstasiatech, @matthew_pines, and @adam_tooze
| Brian Fung / CNN: |
More:
Ars Technica, Silicon Republic, and PC Gamer
Mastodon: @natematias@social.coop. Tweets: @rebekahktromble, @rebekahktromble, @rebekahktromble, @transparenttech, @cat_zakrzewski, @viacristiano, @b_fung, @b_fung, and @b_fung
Earlier Picks
| Lauren Feiner / CNBC: |
More:
MarketWatch, Gizmodo, Financial Times, PYMNTS.com, Reuters, Coinspeaker, SiliconANGLE, TechCrunch, Fast Company, and Wall Street Journal
Tweets: @dee_bosa, @johnpletz, and @tomaxwell
| Arjun Kharpal / CNBC: |
More:
SiliconANGLE, Slashdot, TechNode, The Economic Times, Reuters, Barron's Online, and Nikkei Asia. Tweets: @chrismessina
| Manish Singh / TechCrunch: |
More:
The Economic Times, The Information, Inc42 Media, Neowin, and Cord Cutters News. Tweets: @indicoder18