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February 1, 2023, 11:20 AM
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| Ryan Browne / CNBC: |
The UK government lays out plans to regulate crypto, including measures to strengthen rules for lending, disclosures, financial intermediaries, and custodians — - The U.K. laid out plan to regulate the cryptocurrency industry. — The proposals include strengthening rules on crypto lending …
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GOV.UK, CoinDesk, GOV.UK, Blockworks, Bloomberg, BBC, Silicon Republic, PYMNTS.com, The Block, The i Paper, Cointelegraph, Decrypt, Financial Times, Engadget, Financial Times, Coinspeaker, Crypto Daily, NewsBTC, CoinJournal, Sky News, and Bitcoinist.com
Tweets: @binance, @cz_binance, @emilyjnicolle, @jamespmcleod, @wallstreetsilv, @collins_belton, @gonbegood, @gonbegood, @gonbegood, @alex_dreyfus, @gonbegood, @katie_martin_fx, @arthur_0x, @ruskin147, @ryan_browne_, @zsk, @nickdemarco_, @ryan_browne_, @frances_coppola, @joetidy, @smtuffy, and @ryan_browne_
| Ian King / Bloomberg: |
Intel cuts employee pay and perks to preserve cash for investment, ranging from 25% for CEO Pat Gelsinger, 15% for leadership, and 5% for mid-level managers — Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope …
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SemiAnalysis, Oregonian, CRN, Wall Street Journal, Tom's Hardware, Stratechery, Reuters, Barron's Online, TechCircle, CNBC, Financial Times, Fortune, The Register, The Information, Wccftech, Neowin, and Globes Online
Tweets: @dylan522p, @turoczy, @metacriticcap, @bitsandchipseng, @melt_dem, @samro, @metacriticcap, @metacriticcap, @rogoway, @rogoway, @smtuffy, @eghosao, @realmemes6, @calvinmccarter, @realchrisbrunet, @bluthcapital, @teroterotero, @lbacaj, @carnage4life, @dylan522p, @mothercabrininy, @kchoudhu, @skyjuice60, and @rogoway
| David Satin / The Streamable: |
Netflix lists its rules and exemptions to prevent password sharing, including that all devices should be on the same “primary” Wi-Fi at least once every 31 days — After months of warning subscribers that anti-password sharing measures were coming to Netflix, the company appears to be finally set to unleash them.
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Netflix Help Center, gHacks Technology News, TechCrunch, Forbes, Gizmodo, 9to5Mac, Daily Mail, Tech Advisor, T3, Appuals.com, Mashable, Wccftech, Gizchina, GamesRadar, Sky News, Shortlist, Pocket-lint, BGR, iThinkDifferent, Softpedia News, GSMArena.com, Techdirt, and Gamereactor UK
| Leah Nylen / Bloomberg: |
Sources: a US judge rejects the FTC's bid for a preliminary injunction to block Meta's Within acquisition, giving the FTC one week to decide whether to appeal — Meta Platforms Inc. won court approval to buy virtual reality startup Within Unlimited, defeating an effort to block the deal …
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The Verge, TechCrunch, American Economic …, and The Star
| Ashley Gold / Axios: |
A report by the White House's NTIA describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation to improve competition and choice — A new Biden administration report describes Apple and Google as “gatekeepers” of mobile app stores and suggests legislation …
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CNN, National Telecommunications and Information Administration, The Hill, Engadget, 9to5Mac, Reuters, AppleInsider, Associated Press, Wall Street Journal, Bloomberg, US Department of Commerce, WRAL TechWire, MacDailyNews, Patently Apple, USA Today, and NBC News
Tweets: @adamkovac, @adamkovac, @adamkovac, @progresschamber, @commercegov, and @ntiagov
| Jennifer Elias / CNBC: |
Sources and documents: Google asks employees to test potential ChatGPT competitors, including Apprentice Bard, a chatbot that uses its LaMDA conversational tech — - Google is testing ChatGPT-like products that use its LaMDA technology, according to sources and internal documents acquired by CNBC.
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The Verge, ZDNet, WinBuzzer, BGR, Neowin, TechCircle, Pocket-lint, Appuals.com, Engadget, Insider, and 9to5Google
| Politico: |
Sources: the UK's semiconductor plan, which missed a publication deadline last fall, has suffered from government disarray, as the US and EU move forward — LONDON — As nations around the world scramble to secure crucial semiconductor supply chains over fears about relations with China, the U.K. is falling behind.
Tweets: @jack_blanchard_, @pascallth, @g_lanktree, and @chinaresearchgp
| Jamie Crawley / CoinDesk: |
Indiana-based blockchain startup SIMBA Chain, which has worked on various US military projects, raised $30M from the US Air Force, after raising $1.5M in 2020 — The USAF has granted SIMBA Chain a $30 million funding increase as part of its aims of “identifying and advancing technologies …
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Business Wire, Blockworks, and Cointelegraph
| Tom Warren / The Verge: |
Nvidia is working to fix a Discord bug that slows the memory clocks on some of its GPUs by up to 200MHz, including the RTX 3080 and RTX 3060 Ti — Discord is slowing down graphics card memory clocks on some Nvidia GPUs. A recent Discord update has introduced a bug that slows down memory clocks …
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Tom's Hardware, PCMag, PCWorld, Club386, HotHardware, nvidia.custhelp.com, KnowTechie, TechRadar, TechPowerUp, KitGuru, and Digital Trends
Tweets: @tomwarren, @lvjycmwyl, @andrewgriesmann, and @fspls
| Anna Nicolaou / Financial Times: |
Sources: UMG is in talks with Tidal and others to overhaul streaming economics to pay artists more; ideas include a “bonus pool” and “superfan” subscriptions — Group looks into options such as cracking down on bots and adding ‘superfan’ subscriptions| Ben Lang / Road to VR: |
Meta's Ready at Dawn studio plans to shutter Echo VR, one of the best-rated and most popular free Quest games, after layoffs, to focus on “our next project” — As a parting gift, players can claim lots of premium cosmetic items for free — The Entire VR Industry in One Little Email
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Echo Games, Game Developer, Android Central, Gameranx, and Fossbytes
| Todd Spangler / Variety: |
Netflix adds spatial audio to its $20 per month Premium plan, available for over 700 of its most popular titles; Standard and Basic will get limited support — Listen to this: Netflix is hoping audiophiles will upgrade to the $20-per-month Premium tier to gain access to the streamer's full collection … | Lauren Forristal / TechCrunch: |
Apple launches its MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, playoffs, and more for $14.99/month or $99/year — Today, Apple launched MLS Season Pass in over 100 territories, giving soccer fans access to all MLS matches, Audi 2023 MLS Cup Playoffs …
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Apple, 9to5Mac, ZDNet, Thurrott, Forbes, AppleInsider, The Sun, Ars Technica, Sportico, Engadget, MacRumors, MacDailyNews, Cult of Mac, The Streamable, Deadline, Patently Apple, Big D Soccer, KnowTechie, Apple Must, mlssoccer, Tom's Guide, iMore, Digital Trends, The Hollywood Reporter, iMore, Pocket-lint, BGR, The Athletic, and mirror
Tweets: @houstondynamo, @chicagofire, and @fcdallas
| Reed Albergotti / Semafor: |
Sources: Microsoft plans to update Bing with a faster version of OpenAI's ChatGPT, known as GPT-4, in the coming weeks; OpenAI plans to launch a ChatGPT app — Microsoft's second-place search engine Bing is poised to incorporate a faster and richer version of ChatGPT, known as GPT-4 …
Tweets: @carlquintanilla, @semaforben, and @reedalbergotti
| Mike Butcher / TechCrunch: |
Digital fingerprinting startup Addressable, which claims to have matched over 17M anonymous crypto wallets with social media accounts, raised a $7.5M seed — Marketo, which was developed - among other things.- to enhance marketing around social media users, ended up being acquired by Adobe.| Sohee Kim / Bloomberg: |
As memory prices plunge, SK Hynix reports a ~$1.4B Q4 operating loss, its biggest quarterly operating loss yet, vs. ~$900M est., and a 38% YoY drop in revenue — South Korean chipmaker SK Hynix Inc. reported its biggest quarterly loss on record, due to plunging prices in memory chips as tech demand fell worldwide.
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Nikkei Asia, The Register, SK hynix Newsroom, DCD, ZDNet, Tech Xplore, and South China Morning Post
Tweets: @samkimasia and @samkimasia
| Bloomberg: |
Western Digital raised $900M from Apollo Global and Elliott, sources say as a precursor to a merger with Japan's Kioxia, as the memory chip industry struggles — Western Digital Corp. is receiving a $900 million investment led by Apollo Global Management Inc., getting financial firepower …
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Silicon Valley Business …, DCD, Western Digital, and Business Wire
| David Satin / The Streamable: |
Peacock has stopped offering its free tier to new subscribers; existing users will continue to have access — Peacock will no longer offer their free tier for new subscribers, The Streamable has confirmed. Instead, new users who attempt to sign up for NBCUniversal's streaming service … | Tage Kene-Okafor / TechCrunch: |
Egyptian microfinance lending and payments service MNT-Halan raised $260M in equity and $140M in debt via bond issuances at a ~$1B post-money valuation — Egyptian fintech and e-commerce ecosystem MNT-Halan has raised up to $400 million in equity and debt financing from local and global investors …
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FinSMEs, Reuters, MNT Halan, WeeTracker, Business Wire, Techpoint Africa, Founders' Plus, and Disrupt Africa
| Tage Kene-Okafor / TechCrunch: |
Cape Town-based Lulalend, which uses its proprietary credit scoring algorithm to offer short-term loans to SMBs, raised a $35M Series B and launches a neobank — In most African countries, access to credit remains limited for many small businesses, with the reasons ranging from the inability …
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FinSMEs, Finextra, Disrupt Africa, Bloomberg, Ventureburn, TechCabal, and Techpoint Africa
| Chainalysis: |
Analysis: 2022 was the biggest year ever for crypto hacking, with $3.8B stolen, primarily from DeFi protocols and by the North Korea-linked Lazarus Group — 2022 was the biggest year ever for crypto hacking, with $3.8 billion stolen from cryptocurrency businesses.
More:
Reuters, CryptoPotato, Bloomberg, and NewsBTC
Tweets: @chainalysis, @chainalysis, @chainalysis, and @chainalysis
| Karl Brauer / Forbes: |
Cars & Bids, a car auction site founded by Doug DeMuro, a popular automotive YouTuber who has 4.5M subscribers, raised $37M from The Chernin Group — Doug DeMuro is arguably the most successful automotive YouTuber in the relatively short history of that young medium.| Sean Hollister / The Verge: |
Anker admits its Eufy security cameras are not natively E2E encrypted and produced unencrypted video streams for Eufy's web portal, but says the flaws are fixed — / Anker admits its always-encrypted cameras weren't always encrypted — and promises to do better. … First, Anker told us it was impossible.
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9to5Mac, KnowTechie, Android Police, Internet of Things News, and gHacks Technology News
Tweets: @fark, @stevenconlon, and @linustech
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