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January 3, 2024, 10:20 PM
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Top News

Sarah Martin / The Guardian:
The CEO of collapsed crypto fund HyperVerse, introduced to investors in 2021, doesn't appear to exist; Chainalysis: HyperVerse's 2022 consumer losses were $1.3B  —  Exclusive: Steven Reece Lewis was introduced to investors with an impressive list of qualifications and achievements, but no organisation cited can find any record of him
Ashley Capoot / CNBC:
Xerox plans to cut 15% of its workforce as part of a restructuring; the company had ~20,500 employees as of December 31, 2022, per an SEC filing; XRX drops 12%+  —  - Xerox announced plans to cut 15% of its workforce as part of a plan to implement a new organizational structure and operating model.
Lorenzo Franceschi-Bicchierai / TechCrunch:
In a letter to a group of victims of its October 2023 breach, 23andMe blames them, saying that “users negligently recycled and failed to update their passwords”  —  Facing more than 30 lawsuits from victims of its massive data breach, 23andMe is now deflecting the blame …
Todd Shields / Bloomberg:
SpaceX launches its first six Starlink satellites capable of offering mobile phone service as part of its Direct to Cell service in partnership with T-Mobile US  —  - Starlink satellites capable of connecting to normal phones  — Companies racing toward service via cell towers in space
The Information:
TikTok plans to raise TikTok Shop's US seller fees from 2% to 8% over the next few months; a source says TikTok has started reducing some merchant subsidies  —  TikTok powered early growth in its U.S. shopping service by offering low sellers' fees and footing the bill for deep discounts.
Noam Scheiber / New York Times:
The US NLRB accuses SpaceX of illegally firing eight employees in 2022 for circulating a letter critical of founder and CEO Elon Musk  —  The National Labor Relations Board said the rocket company had wrongly dismissed eight people for a letter raising concerns about the chief executive.
Justine Calma / The Verge:
Researchers built three AI models to analyze 2,000TB of maritime satellite imagery and create the first global map of vessel traffic and offshore infrastructure  —  Using satellite imagery and AI, researchers have mapped human activity at sea with more precision than ever before.
Macauley Peterson / Blockworks:
Etherscan, the leading block explorer for Ethereum that was founded in 2015, acquires Solscan, a block explorer for Solana founded in 2021  —  Solscan and Etherscan “share a vision of providing credibly neutral and equitable access to blockchain data,” the teams say
Jay Peters / The Verge:
Twitch changes its sexual content policies again and says the platform won't allow streamers to “imply or suggest that they are fully or partially nude”  —  Twitch is changing its sexual content policies again, this time to prohibit implied nudity on the platform.
Fred Wilson / AVC:
2024 predictions: AI will help make Web3 usable in mainstream applications and Web3 will help us trust AI, Web3 regulatory clarity, flat VC investing, and more  —  As we enter 2024, the capital markets have found their footing and are moving higher.  The Fed has taken interest rates as far …
Stephen Nellis / Reuters:
Intel spins out Articul8, an AI company backed by DigitalBridge and others; executives did not share the deal's value or if Intel would retain a majority stake  —  Intel (INTC.O) on Wednesday said it was forming a new independent company around its artificial intelligence software efforts …
Hannah Devlin / The Guardian:
A UK study of 7,000 people aged 16 to 18: 48% agreed with the statement “I think I am addicted to social media”; 57% of girls agreed, compared to 37% of boys  —  Exclusive: Millennium Cohort's finding raises questions about why a large proportion has a difficult relationship with social media
More: The Independent.  X: @fromarsetoelbow and @soundmigration.  LinkedIn: Blake R.
Forums: Hacker News and Slashdot

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:20 PM ET, January 3, 2024.

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

Ann Telnaes / Open Windows:
Ann Telnaes, a Pulitzer-winning cartoonist at WaPo since 2008, quits, saying WaPo killed her cartoon showing Bezos and other execs currying favor with Trump

Aisha Malik / TechCrunch:
Apple offers Apple TV+ for free to anyone with an Apple ID this weekend, the first time it has offered such a promotion

Financial Times:
China Film Administration: China's 2024 box office sales fell ~23% YoY to $5.8B, as a lack of blockbusters and an ailing economy saw consumers turn to streaming

More News

Mark Gurman / Bloomberg:
Roku plans to launch its first 55", 65", and 75" high-end Pro Series TVs in spring 2024, offering improved picture quality and better audio for up to $1,500
Rasmus Nielsen / Financial Times:
Despite the focus on generative AI misinformation, policy discourse ignores that politicians pose the gravest misinformation threat, ahead of big 2024 elections

Earlier Picks

Laurie Clarke / Politico:
Critics and tech companies worry that the UK's Investigatory Powers (Amendment) Bill, a surveillance law whisking through parliament, undermines user privacy
Paul Gillin / SiliconANGLE:
London-based Robin AI, which develops a free Microsoft Word add-in for creating and reviewing legal contracts using Anthropic's Claude, raised a $26M Series B
Krisztian Sandor / CoinDesk:
SEC filing: MicroStrategy Executive Chairman Michael Saylor begins selling $216M worth of shares; Saylor remains “optimistic about MicroStrategy's prospects”
Iyaz Akhtar / PCMag:
Samsung plans to hold its next Galaxy Unpacked event on January 17 at 10am PT in San Jose, and streamed on YouTube, to showcase new Galaxy devices and Galaxy AI
Leo Schwartz / Fortune:
Fidelity and other spot bitcoin ETF issuers jockey for an early advantage to attract investors, ahead of reported SEC approvals to launch as soon as January 10
Oliver Knight / CoinDesk:
Orbit Chain, which facilitates cross-blockchain transactions, loses ~$81M after an attack on its cross-chain bridge protocol, reminiscent of Lazarus Group hacks
BBC:
After UK regulators approved Microsoft's Activision deal in October 2023, Brad Smith rows back his criticism of the UK, saying the CMA had been “tough and fair”
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