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January 20, 2023, 9:00 AM
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memeorandum
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| Bloomberg: |
Memo: Alphabet plans to cut around 12,000 jobs, more than 6% of its global workforce; Sundar Pichai says he takes “full responsibility” for the need to cut jobs — Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6% of its global workforce …
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The Keyword, Reuters, Associated Press, BBC, NBC News, Wall Street Journal, Silicon Valley Business …, DCD, Metaverse Post, NPR, ZDNet, Search Engine Land, CNN, Tech Monitor, Insider, Computerworld, The Register, Livemint, Silicon Republic, PCMag, The Hill, 9to5Google, TechCrunch, MarketWatch, Financial Times, The Verge, New York Times, RTÉ, Engadget, The Economic Times, Android Central, Barron's Online, TheGamer, Business Post, Coinspeaker, Tech Xplore, TechCircle, PhoneArena, Deadline, City A.M., Appuals.com, Neowin, Variety, Voice of America, CNBC, WRAL TechWire, Semafor, The Hollywood Reporter, and Moneycontrol
Mastodon: @awgonnerman@social.tchncs.de. Tweets: @aparanjape, @thee_chadd, @chrisstigall, @mattyglesias, @nixcraft, @ulonnaya, @thetranscript_, @iatalkspace, @mrmbrown, @srussolillo, @schuldensuehner, @rustybrick, @katebevan, and @lhm1
| Kevin Simauchi / Bloomberg: |
Crypto lender Genesis Global Capital files for Chapter 11 bankruptcy in New York, listing the estimated range for both assets and liabilities between $1B-$10B — Cryptocurrency lender Genesis Global Capital filed for bankruptcy, the latest firm to collapse in the aftermath of FTX's swift downfall.
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Tweets: @cameron, @cameron, @hsakatrades, @benbybit, @peckshieldalert, @hsakatrades, @ap_abacus, @sonalibasak, @alphaketchum, @simondixontwitt, @mikealfred, @fredwalton216, @doveywan, @coindesk, @wublockchain, @cameron, @chrisblec, @hodlkryptonite, @adamscochran, @unusual_whales, @crypto_mckenna, @tsm_leffen, @nansen_ai, @autismcapital, @jjauthor, @ashcryptoreal, @kamikaz_eth, @adamscochran, @emilyjnicolle, @evan_van_ness, @muncheds3, @anoniemxbt, @gainzy222, @joeconsorti, @nansen_ai, @gergelyorosz, @dogetoshi, @dylanleclair_, @basedkarbon, @simondixontwitt, @watcherguru, @doveywan, and @mikealfred
| Karissa Bell / Engadget: |
Twitter quietly updates its developer agreement with a clause banning third-party clients, after claiming the company was “enforcing long-standing API rules” — In case there was any doubt about Twitter's intentions in cutting off the developers of third-party apps …
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The Breakroom, Twitter, Inc., The Verge, 9to5Google, Forbes, Silicon Republic, BetaNews, Pocket-lint, TechCrunch, Android Police, Phandroid, SamMobile, iMore, Wccftech, Digital Trends, Neowin, XDA Developers, and SlashGear
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| Anna Nicolaou / Financial Times: |
Netflix co-founder Reed Hastings steps down as co-CEO but plans to stay on as executive chair; the company promotes COO Greg Peters to co-CEO with Ted Sarandos — Streaming company names new leadership as it looks to reset after ‘tough year’ in 2022 — Reed Hastings is stepping …
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| Sarah Whitten / CNBC: |
Netflix reports Q4 revenue up 1.9% YoY to $7.85B, $55M net income, down from $607M YoY, 231M paid memberships, adding 7.66M subscribers vs. 4.57M expected — - Netflix added 7.66 million paid subscribers during the fourth quarter, more than the 4.57 million Wall Street expected.
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| Emma Roth / The Verge: |
| Catherine Larkin / Bloomberg: |
SEC filing: T-Mobile says a hacker stole the data of ~37M customers, including names, addresses, and phone numbers, but not passwords, SSNs, or credit cards — T-Mobile US Inc. said a hacker obtained data for 37 million customer accounts, though it didn't include payment card information or personal identifying numbers.
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T-Mobile, Reuters, Wall Street Journal, CNET, New York Times, SEC.gov, Android Police, The Record, Android Authority, BleepingComputer, Krebs on Security, PCMag, CSO, TechCrunch, TechCircle, Silicon Republic, Laptop Mag, Appuals.com, Slashdot, Infosecurity, Engadget, SecurityWeek, WRAL TechWire, Coinspeaker, PYMNTS.com, Washington Post, BGR, The Register, GovInfoSecurity.com, Digital Trends, SiliconANGLE, and GeekWire
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Tweets: @lorenzofb, @cbsmiami, @om, @j0hnnyxm4s, @stevekopack, @eliblumenthal, @bleepincomputer, @blaw, @zseano, @robpegoraro, @racheltobac, and @eliblumenthal
| Bloomberg: |
Sources: Nintendo plans to increase production of its six-year-old Switch console in the coming fiscal year, starting in April 2023, as demand remains strong — Nintendo Co. plans to increase production of its six-year-old Switch console in the coming fiscal year after shipping roughly 21 …
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GamesIndustry.biz, GameSpot, iPhone in Canada Blog, GamingBolt, IGN, Video Games Chronicle, Wccftech, Gameranx, Game Rant, Press Start, Appuals.com, and Gamereactor UK
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| The Block: |
Crypto lender Nexo agrees to pay $45M in penalties to settle SEC and US state charges for failing to register the offer and sale of its Earn Interest Product — - The SEC charged Nexo for failing to register the offer and sale of its crypto asset lending product, called the Earn Interest Product.
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U.S. Securities …, Nexo.io Blog, Blockworks, Cointelegraph, Finextra, CoinGeek, Bloomberg, Bitcoin News, CryptoPotato, crypto.news, CoinGape, and CryptoSlate
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| Nico Grant / New York Times: |
Sources: Google executives met with Larry Page and Sergey Brin last month to discuss Google's AI efforts, as the company seeks to combat OpenAI's ChatGPT — A rival chatbot has shaken Google out of its routine, with the founders who left three years ago re-engaging and more than 20 A.I. projects in the works.| Dean Takahashi / VentureBeat: |
A survey of 2,300+ game developers: 45% don't buy the promise of the metaverse, 53% support unionization, 91% say harassment by players is an issue, and more — Game developers are more skeptical of metaverse and blockchain projects, according to a new survey by the Game Developers Conference.
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Axios, Washington Post, Business Wire, TrueAchievements, TechCircle, GamesHub, and MobileSyrup
Tweets: @vgc_news, @danieljkelley, @goldenboyftw, @stephentotilo, and @gamedevdotcom
| Jagmeet Singh / TechCrunch: |
India releases rules on social media influencers and virtual avatars promoting content without disclosing payment, adding an up to ~$12.3K fine for violations — As the market of social media influencers is getting bigger in India, the South Asian nation has introduced endorsement guidelines …
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YouTube, The Economic Times, The Guardian, MediaNama, Inc42 Media, Hindustan Times, Moneycontrol, India Today, and LatestLY
Tweets: @3011_ajit and @sentientsixp
| Bill Toulas / BleepingComputer: |
PayPal says hackers accessed the sensitive data of ~35K users, including addresses and social security numbers, in a December 2022 credential stuffing attack — PayPal is sending out data breach notifications to thousands of users who had their accounts accessed through credential stuffing attacks that exposed some personal data.
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BetaNews, Finextra, TechRadar, The Register, TechSpot, SecurityWeek, Laptop Mag, gHacks Technology News, Infosecurity, SiliconANGLE, and Dark Reading. Tweets: @marshacollier
| Bloomberg: |
The Chinese government grants Didi permission to republish its apps on Apple's, Huawei's, Xiaomi's, and other app stores, after over a year of regulatory limbo — Didi Global Inc.'s main apps have returned to the country's biggest mobile stores, allowing the ride-hailing giant to resume growth …
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Reuters and South China Morning Post
| Wall Street Journal: |
The FAA says a contractor unintentionally deleted files used in a pilot-alert system while trying to sync a database and its backup, causing last week's outage — The federal air-safety regulator said no evidence of cyberattack or malicious intent was found| Billboard: |
Amazon plans to hike Music Unlimited's monthly prices by $1 and £1 to $10.99 and £10.99 in the US and UK on February 21, matching Apple Music's October increase — Prices will rise to $10.99/10.99 pounds per month for individual plans and $5.99/5.99 pounds per month for students.Sponsor Posts
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