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April 4, 2023, 9:00 AM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple plans to eliminate a small number of its corporate retail staff, marking its first known cuts since embarking on a belt-tightening effort in 2022  —  Apple Inc. is eliminating a small number of roles within its corporate retail teams, according to people with knowledge of the matter …
Alex Wilhelm / TechCrunch:
Dogecoin's price spikes 25%+ after Twitter replaces its bird logo with a doge image; Elon Musk is fighting to get a dogecoin-related lawsuit dismissed  —  Today Twitter users are noticing that an image of a dog has been added to a place of prominence.  You can see it for yourself on Twitter.com, where you will be greeted with a pup:
Krisztian Sandor / CoinDesk:
DeFi lending protocol Euler says all “recoverable funds” stolen in its ~$200M exploit have been returned; blockchain data shows the hacker apologized last week  —  Culprit had already apologized.  —  The hacker responsible for roiling Euler Finance by draining some $200 million …
Tom Bristow / Politico:
The UK ICO fines TikTok £12.7M for failing to protect kids' data, saying the app “should have done better”, down from a £27M fine proposed in September 2022  —  The ICO estimates that 1.4 million children in the UK were on TikTok in 2020.
James Vincent / The Verge:
Stanford's AI Index: in 2022, industry produced 32 notable ML models compared to academia's three, global private investment fell 26.7% YoY to $91.9B, and more  —  An annual report on AI progress has highlighted the increasing dominance of industry players over academia and government in deploying and safeguarding AI applications.
Kim Masters / The Hollywood Reporter:
Many current and former Amazon executives, showrunners, and agents say Amazon Studios is confusing and frustrating; one showrunner says Studios has “no vision”  —  Despite ambitious bets like ‘Daisy Jones & The Six’ and the upcoming ‘Citadel,’ insiders complain that there's still …
Becky Peterson / The Information:
The Saudi Public Investment Fund lists ~35 of its partnerships with US VC firms, like a16z, Coatue, Craft Ventures, Iconiq, Insight Partners, and Human Capital  —  For several years, venture capital firms have been cagey about whether they have raised money from Saudi Arabia …
Angus Whitley / Bloomberg:
Australia bans TikTok from government-issued devices, joining the US, the UK, the Netherlands, Canada, France, and others in taking action against the platform  —  Australia banned TikTok from government-issued devices, joining the growing list of nations concerned about security threats posed …
Tim Hardwick / MacRumors:
Apple reports an issue with its Weather app on iOS, iPadOS, watchOS, and macOS, ongoing for over five hours; some users have had issues for over a week  —  Apple is currently experiencing issues with its weather data provider, leaving many users unable to see live weather information and forecasts for regions in the Weather app.
Jennifer Elias / CNBC:
Documents: Google cuts back on fitness classes, tape, staplers, and the frequency of staff laptop replacements; non-engineers will get a Chromebook by default  —  - In a rare companywide memo from CFO Ruth Porat, Google kicked off “multi-year” employee service cuts.
Zac Bowden / Windows Central:
Sources and leaked images: Microsoft plans to debut its next Surface Dock in the coming weeks with a slimmer design, Thunderbolt 4, and no proprietary connector  —  Here's a first look at the next Surface Dock.  —  What you need to know  — Images of Microsoft's upcoming Surface Dock have leaked.
New York Times:
China's Micron investigation marks the most significant retaliation against US chip sanctions so far, contradicting Beijing's recent business-friendly messaging  —  Beijing's security review of Micron Technology, which has deep roots in China, could have wide-ranging ramifications for other foreign businesses.

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This is a Techmeme archive page. It shows how the site appeared at 9:00 AM ET, April 4, 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

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Katie Robertson / New York Times:
The NYT reports adding 260K digital subscribers in Q3, for 11.9M in total, with digital ad revenue up 8.8% YoY to $81.6M, and The Athletic had its first profit

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

More News

Farnoush Amiri / Associated Press:
Over 24 Democrats in Congress who are active on TikTok are being pushed by colleagues to stop using the app, as pressure mounts against TikTok in Washington, DC
Ingrid Lunden / TechCrunch:
London-based Quantexa, which uses AI to help businesses navigate online fraud and manage customer data, raised a $129M Series E led by GIC at a $1.8B valuation

Earlier Picks

Stuart Dredge / Music Ally:
Spotify shuts down its Clubhouse-style audio app Spotify Live, previously called Locker Room, acquired as part of its €57M Betty Labs deal in March 2021
Diane Bartz / Reuters:
The US DOJ settles an antitrust complaint against Activision Blizzard over salary limits in professional esports leagues for Overwatch and Call of Duty
Aisha Malik / TechCrunch:
Google Search adds travel features: a “price guarantee” tool for flights, a swipeable hotel browsing story format, and a new way to find attractions and tours
Bill Toulas / BleepingComputer:
Western Digital reports a network breach, saying the hacker obtained some company data but the full scope is unknown; some systems, like My Cloud, are offline
Mitchell Clark / The Verge:
The Tor Project partners with VPN maker Mullvad to launch the Mullvad browser, for Windows, macOS, and Linux, to reduce a user's “fingerprint” used for tracking
Danny Nelson / CoinDesk:
After a revolt, the Arbitrum Foundation plans to break up its controversial governance package into separate votes, including on its 750M ARB token allocation
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