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October 18, 2022, 11:35 AM
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Natasha Lomas / TechCrunch:
Meta confirms it will divest itself of Giphy globally after UK's CMA gives a final order to sell the company, following a court-ordered reassessment in July  —  Bye-bye: Meta has again been ordered by the UK's competition watchdog to sell animated GIF platform, Giphy.  And this time it's final.
Ina Fried / Axios:
Microsoft announced layoffs across multiple divisions on October 17; source: less than 1,000 jobs were cut across various levels, teams, and parts of the world  —  Microsoft announced layoffs across multiple divisions on Monday, Axios has confirmed.  —  Why it matters: The move …
Janko Roettgers / Protocol:
Netflix rolls out a feature globally to let users transfer all their personalized viewing data to a new account, ahead of a crackdown on account sharing in 2023  —  Netflix is making it easier for people to disentangle their personal viewing data: The streaming service is rolling …
Benjamin Mayo / 9to5Mac:
Apple announces a new 11" and 12.9" iPad Pro with M2 chip, Wi-Fi 6E, and a new Apple Pencil hover feature, in stores October 26 and starting at $799 and $1,099  —  Apple today unveiled the new generation of 11-inch and 12.9-inch iPad Pro, powered by the latest M2 Apple Silicon chips.
Avery Menegus / Engadget:
Internal doc: Amazon has a high attrition rate across all levels, costing $8B annually, and workers choose to leave twice as often as layoffs and firings occur  —  Amazon churns through workers at an astonishing rate, well above industry averages.  According to a tranche of documents marked …
Kyle Wiggers / TechCrunch:
Jasper, a service that leverages AI to generate marketing art and copy, raised $125M led by Insight Partners at a $1.7B valuation  —  As the enthusiasm around AI image and text generators grows, Jasper, a startup developing what it describes as an “AI content” platform, has raised $125 million at a $1.7 billion valuation.
Andrew Cunningham / Ars Technica:
Apple will release macOS Ventura and iPadOS 16 on October 24 with the new Stage Manager window management feature  —  Updates drop support for several generations of older hardware, too.  —  The next versions of macOS and iPadOS will be released to the general public on October 24, Apple announced today.
Corrie Driebusch / Wall Street Journal:
Sources: Intel is eyeing a significantly lower sub-$20B valuation for the IPO of its Mobileye self-driving car unit, down from the originally expected $50B+  —  A target valuation of under $20 billion is expected, down from $50 billion  —  Intel Corp. INTC 1.97%▲ …
Nikkei Asia:
Sources: Apple freezes its plans to use YMTC memory chips in its products, including iPhones, following the latest US export controls on China's tech sector  —  Company previously planned to put Chinese-made memory in some iPhones
Noah Smith / Noahpinion:
Analysis: why the Biden administration's sweeping export controls on China's chip sector happened now and how they could usher in a new global economic paradigm

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From Mediagazer

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

More News

Masha Borak / Wired:
New research, which details pro-Kremlin edits made to the English Wikipedia page for the Russo-Ukrainian war, could be used to create models to detect disinfo
Bryan Pietsch / Washington Post:
A recent Kakao outage has raised monopoly concerns in South Korea; the company had previously claimed it had ~47.5M active users in the country of 51M+ people
David Rand / Financial Times:
Research: crowdsourced fact-checking can improve social media moderation by channeling partisan motivations to be productive if opposing sides police each other

Earlier Picks

Bloomberg:
Stability AI raised a $101M seed, a source says at a ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users
Mia Sato / The Verge:
TikTok plans to raise the age requirement for hosting a livestream from 16 to 18 on November 23 and let hosts limit their livestreams to adult-only audiences
Nikhilesh De / CoinDesk:
Filing: Texas' securities regulator is investigating crypto exchange FTX US over allegations the company offers unregistered yield-bearing securities products
Jon Porter / The Verge:
Parler agrees to be acquired by Ye, formerly Kanye West, to create “an uncancelable ecosystem where all voices are welcome”; the deal is set to close in Q4 2022
More: Parler, Insider, CNN, Los Angeles Times, CNBC, DCD, Axios, Gizmodo, Engadget, ABC, Reuters, The Guardian, Slate, Wall Street Journal, Marš!, Coinspeaker, Android Headlines, BRIGHT, Livemint, TheStreet, Telecoms.com, Snobette News, BetaNews, Vox, Forbes, Social Media Today, Politico, Protocol, The Register, Associated Press, Adweek, CNET, SlashGear, MobileSyrup, iPhone in Canada Blog, Reclaim The Net, Decrypt, Bloomberg, BBC, Fortune, Observer, PCMag, AfroTech, Financial Times, The Desk, TheGamer, KnowTechie, and USA Today
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