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January 25, 2024, 10:15 AM
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Tom Warren / The Verge:
Internal memo: Microsoft plans to lay off ~1,900 staff at Activision Blizzard and Xbox, or ~8% of its Microsoft Gaming workforce, this week  —  Microsoft is laying off around 1,900 employees at Activision Blizzard and Xbox this week.  While Microsoft is primarily laying off roles at Activision Blizzard …
Manish Singh / TechCrunch:
As Palworld hits 8M+ copies sold, The Pokémon Company denies having let “another company” use its IP and plans to “investigate and take appropriate measures”  —  The Pokemon Company said Thursday it has not granted any permission to “another company,” …
Benj Edwards / Ars Technica:
Google Research details Lumiere, an AI video tool that uses unique architecture to create videos in one process, instead of by stitching together smaller parts  —  Lumiere generates five-second videos that “portray realistic, diverse and coherent motion.”  —  On Tuesday, Google announced Lumiere …
Tom Warren / The Verge:
Microsoft launches Mesh, its 3D meeting platform in Teams, out of preview, with custom environments, games, spatial audio, and only supporting Meta Quest for VR  —  Microsoft is launching its immersive 3D meetings inside Microsoft Teams today.  Microsoft Mesh, the company's mixed reality platform …
IDC:
Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; in a first, Apple gained the top spot with a 17.3% share, followed by Honor with 17.1%  —  A shift of power that we saw on the worldwide stage also happened in China, the largest smartphone market globally.
Abner Li / 9to5Google:
Google Pixel users say they are not able to access data stored in internal storage across all apps after installing the January 2024 Google Play system update  —  Following a storage access issue in October with the initial Android 14 release and multiple users, Pixel devices might …
Bloomberg:
Filing: HPE says a group believed to be Russia-linked Midnight Blizzard exfiltrated data from “a small percentage of HPE mailboxes” beginning in May 2023  —  - HPE says it was informed of nation-state breach on Dec. 12  — Same Russia-linked group suspected in recent Microsoft hack
Matt Day / Bloomberg:
Ring is sunsetting a tool that lets police request footage from users via its Neighbors app, forcing law enforcement to obtain warrants or evidence of emergency  —  - Move dials back company's longtime public-safety stance  — Law enforcement will now have to seek warrants for video
Thomas Buckley / Bloomberg:
How the rising prices of streaming services are driving a new era of US pirate sites, bringing ~$2B per year in ads and subscriptions with a 90% profit margin  —  Illegal subscription services that steal films or TV shows bring in $2 billion a year in ads and subscriber fees.
Forums: Slashdot
Joseph Cox / 404 Media:
An investigation details a spy tool called Patternz, which can track billions of phone profiles via ads in hundreds of thousands of apps, including 9gag and Kik  —  Hundreds of thousands of ordinary apps, including popular ones such as 9gag, Kik, and a series of caller ID apps …
Ryan Vlastelica / Bloomberg:
Microsoft briefly reached a $3T market cap for the first time on January 24, becoming the second company to do so after Apple, before closing at a record $2.99T  —  - Software giant is second company to hit level, following Apple  — AI services are seen as a long-term revenue growth tailwind
Ivan Mehta / TechCrunch:
Meta rolls out DM limits on Facebook and Instagram to stop users 16+ from messaging teens who don't follow them, on by default, and expands parental controls  —  Meta announced today that it is rolling out new DM restrictions on both Facebook and Instagram for teens that prevent anyone from messaging teens.
Chris Welch / The Verge:
Google announces a new mint color for the Pixel 8 series, plans to bring Circle to Search to Pixel 8 and 8 Pro, improves the built-in thermometer, and more  —  A “fresh” new color for the Pixel 8 series isn't the only thing Google is announcing today.
Brody Ford / Bloomberg:
Sources: research group China Tech Threat, which has advocated against Lenovo, aligns with the corporate interests of Dell and Micron, both long-term funders  —  China Tech Threat's advocacy aligns with the corporate interests of Dell and Micron, which have supported the group financially, say people familiar with the group.
LinkedIn: Brody Ford
Sareen Habeshian / Axios:
New York City issues a public health advisory officially designating social media as an “environmental toxin”, blaming it for a youth mental health crisis  —  New York City declared Wednesday that it's the first city to issue an advisory officially designating social media as an environmental toxin.

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This is a Techmeme archive page. It shows how the site appeared at 10:15 AM ET, January 25, 2024.

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From Mediagazer

Sara Fischer / Axios:
Reuters and Gannett plan to launch a content bundle in Q1 2025, sold by Reuters; the bundle won't include access to games and puzzles from Gannett's newspapers

George Winslow / TV Technology:
NBCUniversal launches CNBC+, a streaming service priced at $14.99/month; the service includes a feed of the CNBC cable news channel and on-demand programming

Reuters:
The Palestinian Authority suspends the broadcast of Al Jazeera TV temporarily over “inciting material and reports that were deceiving and stirring strife”

More News

Yoolim Lee / Bloomberg:
SK Hynix reports Q4 revenue up 47% YoY to ~$8.4B, beating est., and a ~$295M operating profit, vs. estimates of a ~$127M loss, its first profit in over a year
Sara Merken / Reuters:
Toronto-based Spellbook, which offers an AI-powered contract drafting and review tool for lawyers, raised a $20M Series A led by Inovia Capital
Jordan Novet / CNBC:
IBM reports Q4 revenue up 4% YoY to $17.38B, vs. $17.30B est., software revenue up 3% YoY to $7.51B, and net income of $3.29B, up from $2.71B YoY; IBM jumps 8%+

Earlier Picks

Hugh Son / CNBC:
Klarna launches Klarna Plus, a $7.99 per month plan in the US, offering waived service fees when using its One Time Card, double rewards points, and more
Tom Warren / The Verge:
Nvidia's RTX GPUs can now upgrade SDR video to HDR using AI, supported in both Microsoft Edge and Google Chrome on Windows PCs with HDR enabled
Ash Parrish / The Verge:
Twitch changes the Prime Gaming subscription payout model to a fixed rate, expands the Partner Plus Program, and removes the $100K cap for 70/30 revenue share
Mike Butcher / TechCrunch:
Web Summit CEO Katherine Maher, who was hastily appointed at the end of October 2023 to replace Paddy Cosgrave, plans to step down on March 1 to join NPR as CEO
Richard Nieva / Forbes:
The US National Science Foundation partners with OpenAI, Meta, Nvidia, Microsoft, and others to launch NAIRR, a pilot to expand researchers' access to AI tools
Alexander Martin / The Record:
The UK NCSC's all-source intelligence assessment: ransomware attacks will almost certainly increase in both volume and impact over the next two years due to AI
Ariel Shapiro / The Verge:
Ahead of the EU's DMA, Spotify shares iOS app mockups with full in-app payments, rolling out in part on March 7; Apple hasn't yet shared its changes for the DMA
Jonathan Vanian / CNBC:
eBay plans to cut ~1,000 full-time jobs, or ~9% of its workforce, and scale back the number of contracts within its “alternate workforce” over the coming months
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