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January 25, 2024, 2:35 AM
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Top News

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
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 …
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  —  A wide-spanning investigation by 404 Media reveals more details about a secretive spy tool that can tracks billions …
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
Wall Street Journal:
Sources: Apple plans to add new fees and restrictions after allowing EU users to download apps from outside the App Store, including reviewing sideloaded apps  —  Meta, Spotify and other companies are weighing new options for customers as Apple makes changes to comply with new European law
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
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
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%+  —  - IBM surpassed estimates on the top and bottom lines and ended 2023 with more free cash flow than it had projected.
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  —  Nvidia is launching a new feature for all RTX GPU owners today: RTX Video HDR. … You just need an HDR10-compatible monitor with HDR enabled in Windows.
Madhumita Murgia / Financial Times:
Arati Prabhakar, director of the White House Office of Science and Technology Policy, says the US will work with China on AI safety, despite trade tensions  —  Biden adviser says the two nations must work together to tackle risks from artificial intelligence despite race to dominate its development
Hugh Son / CNBC:
Klarna launches Klarna Plus, a $7.99/month subscription plan in the US, with waived service fees when using its One Time Card, double rewards points, and more  —  - Swedish fintech firm Klarna is launching a monthly subscription plan in the U.S. to lock in its heaviest users ahead …
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  —  Technology can sometimes move at the speed of light.  And so, too, can technology executives.
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  —  The National Science Foundation on Wednesday launched a sprawling new AI infrastructure program aimed at increasing the access …
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  —  Twitch is making big monetization changes again in an attempt to make a more sustainable system, lowering earnings in some places and raising them in others.
Bloomberg:
Sources: Shein's shareholders offered to sell stock on the private market at $45B-$55B valuation in late 2023, down from Shein's ~$66B valuation in May 2023  —  - Investors trying to sell in recent months but few takers  — Sliding offer prices cast a cloud on much-anticipated US IPO
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  —  Spellbook, a legal software company focused on contracts, said Wednesday that it has raised $20 million in a Series A funding round led …
Manish Singh / TechCrunch:
As Palworld sells 8M+ copies, The Pokémon Company says it has not granted permission to “another company” to use its IP and plans to “take appropriate measures”  —  The Pokemon Company said Thursday it has not granted any permission to “another company,” …

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This is a Techmeme archive page. It shows how the site appeared at 2:35 AM ET, January 25, 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

Samantha Waldenberg / CNN:
ABC News plans to air an interview with President Biden “in its entirety as a primetime special”, at 8pm ET on July 5; a transcript will also be available

Paul Vieira / Dow Jones Newswires:
Netflix, Disney, and other US streaming companies ask a Canadian court to block imposition of a fee of 5% of sales to help finance local news and other content

BBC:
Investigation: a fake news network tied to an ex-Florida sheriff, now in Moscow, appears to be targeting US and UK voters; some Congress members shared posts

More News

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
Tim Bradshaw / Financial Times:
London- and Tallinn-based VC firm Plural, led by some of Europe's best known startup founders, raised a €400M fund to invest in early-stage “deep tech” startups
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

Earlier Picks

Kate Knibbs / Wired:
Originality AI: 88%+ of the top US news outlets now block AI companies' web crawlers; leading right-wing outlets, like Breitbart and Newsmax, mostly permit them
Amanda Silberling / TechCrunch:
BeReal plans to let brands and celebrities start joining on February 6 and says the app now has 23M DAUs, up from 20M DAUs in August 2023, a growth deceleration
Eamon Farhat / Bloomberg:
IEA: electricity used by data centers, crypto, and AI could grow 100%+ in the next three years; Ireland's data centers could use 32% of its electricity by 2026
Matthew Ball / MatthewBall.co:
A look at some long-term issues facing the gaming industry, including deep layoffs, weak revenue growth, growing development costs, and declining VC investments
Bloomberg:
Oppo and Nokia sign a patent cross-licensing deal, ending a years-long dispute, letting the Chinese smartphone maker sell in key European markets like Germany
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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