Open Links In New Tab
Mobile Archives Site News
Techmeme
January 11, 2024, 6:50 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter

Top News

Reuters:
The US SEC approves spot bitcoin ETFs from BlackRock, Grayscale, ARK 21Shares, Bitwise, WisdomTree, Fidelity, VanEck, Invesco, Valkyrie, Hashdex, and Franklin  —  The U.S. Securities and Exchange Commission has approved 11 spot bitcoin exchange-traded funds, including those of Grayscale …
Jesse Hamilton / CoinDesk:
US SEC Chair Gary Gensler concedes that losing in court after rejecting Grayscale's spot bitcoin ETF left the agency with little choice but to approve such ETFs  —  The SEC chair said a court forced his hand and that the agency's decision to greenlight a spot bitcoin ETF doesn't signal support of that or any other digital asset.
Sarah Wynn / The Block:
The US SEC is working with the FBI to investigate the false X post on January 9 about approving spot bitcoin ETFs; the agency approved 11 of them on January 10
Abner Li / 9to5Google:
Google reorganizes its Devices & Services teams working on the Pixel, Fitbit, and Nest; Fitbit co-founders James Park and Eric Friedman are leaving Google  —  Google is reorganizing the Devices & Services teams responsible for Pixel, Nest, and Fitbit hardware.
Nico Grant / New York Times:
Sources: several hundred employees from Google's core engineering division received notices that their roles were eliminated and lost corporate access  —  The company, which has been working to trim expenses, laid off employees who worked on core engineering, the Google Assistant product and hardware such as the Pixel phone.
Louise Matsakis / Semafor:
Google lays off hundreds of staff working on Assistant and says the restructuring would help improve Assistant as the company explores integrating newer AI tech  —  Google is laying off hundreds of people working on its voice-activated Google Assistant software and eliminating a similar number …
Krystal Hu / Reuters:
Ripple Labs, creator of the XRP cryptocurrency, plans to buy back $285M in shares from early investors and employees, sources say at an $11.3B valuation  —  Cryptocurrency company Ripple Labs, known for its XRP coins, is buying back $285 million worth of shares in the company from early investors …
Rachel Metz / Bloomberg:
OpenAI debuts a GPT Store for paid users to share and find custom chatbots and plans to start sharing revenue in Q1; users have already made 3M+ chatbots so far  —  The store will feature a bot leaderboard, and will eventually introduce payments.  —  OpenAI has launched an online store …
Kyle Wiggers / TechCrunch:
OpenAI launches ChatGPT Team, a new subscription plan for teams of up to 149 people, for $30 per user per month, or $25 per user per month billed annually
Dominic-Madori Davis / TechCrunch:
PitchBook: female-founded US companies raised $44.4B out of $170.59B in VC funding in 2023; companies with all-female founding teams raised ~$3.1B, down 39% YoY  —  Female-founded companies in the U.S. raised $44.4 billion out of the $170.59 billion in venture capital allocated last year.
Ivan Mehta / TechCrunch:
X quietly removes the ability for paying subscribers to set an NFT as a profile picture, a feature Twitter launched in January 2022 for Twitter Blue subscribers  —  On Tuesday, Elon Musk's X wrote about a grand vision for the company in 2024, which includes launching peer-to-peer payments and more AI-powered tools.
Bloomberg:
Sources: OpenAI is in talks with CNN and Fox Corp. to license their text, video, and image content; Time “is in discussions with OpenAI” about a content deal  —  - Startup has said it's in discussions with dozens of publishers  — Negotiations come as OpenAI faces New York Times lawsuit
Joe Rossignol / MacRumors:
The US ITC files its opposition to Apple's motion for the Watch Series 9 and Watch Ultra 2 sales ban to remain paused for the duration of the company's appeal  —  The U.S. International Trade Commission (ITC) today formally opposed Apple's motion for the Apple Watch sales ban to remain paused for the duration of Apple's appeal.
The Verge:
Twitch CEO Dan Clancy confirms plans to cut 500+ jobs, or ~35% of its staff, and says its workforce was oversized for its business' size, after March 2023 cuts  —  Twitch is laying off more than 500 employees, or around 35 percent of its staff, Twitch CEO Dan Clancy announced this morning.
Alex Weprin / The Hollywood Reporter:
Memo: Amazon Studios SVP Mike Hopkins says the company would cut “several hundred roles” in its Prime Video and MGM Studios units; both had cuts in early 2023

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
How remote support can make your Christmas stress-free  —  As Christmas approaches, the air fills with the anticipation of joy, family gatherings, and gift-giving.  While the season brings immense happiness …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Sponsor Techmeme
Techmeme Ride Home:
 (BNS) Calvin And Hobbes - With Daniel Kibblesmith
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
Sponsor this podcast
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:50 AM ET, January 11, 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

Washington Post:
How NewsGuard, which attained “sustainable profitability” six years after its launch, became a prime target of the GOP's battle against disinformation watchdogs

BBC:
The BBC says Gavin & Stacey: The Finale topped UK Christmas Day overnight ratings with 12.3M viewers, and its shows were the top 10 most-watched of the day

Alex Sherman / CNBC:
Predictions for the media industry in 2025 by 13 anonymous media executives: Comcast acquiring Charter, Trump bullying Bezos into selling the WaPo, and more

More News

John Timmer / Ars Technica:
Harvard spinout QuEra, a quantum computing startup, plans to release an error-corrected quantum computer with 10,000 physical and 100 logical qubits by 2026

Earlier Picks

Maria Sherman / Associated Press:
Luminate's 2023 report: the global music industry passed 4T streams in 2023, a new record and up 34% YoY; Taylor Swift accounted for one in every 78 US streams
New York Times:
How RISC-V, the US-developed, open-source chip instruction set architecture, became a central tool for Chinese companies and governments, leading to US concerns
Threads: @sung.kim.mw.  X: @bgurley, @donal888, @om, @basche42, and @anaswanson.  Forums: Slashdot
Kat Bailey / IGN:
Valve plans to add an “AI disclosure section” to Steam, asking developers to describe how their games use AI content and to let gamers report illegal AI content
Gene Maddaus / Variety:
SAG-AFTRA signs a deal with AI voiceover company Replica Studios, requiring consent to create voice replicas for use in video games and safe storage of assets
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter