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January 25, 2024, 11:35 AM
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Top News

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 smooth process instead of putting 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 …
Ivan Mehta / TechCrunch:
Meta rolls out DM limits on Facebook and Instagram to stop all users 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.
IDC:
Chinese smartphone shipments declined 5% YoY to 271.3M units in 2023; Apple gained the top spot, a first, with 17.3% market 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.
Thomas Buckley / Bloomberg:
How the rising prices of streaming services are driving users to pirate websites with a ~90% profit margin that bring in ~$2B per year in ads and subscriptions  —  Illegal subscription services that steal films or TV shows bring in $2 billion a year in ads and subscriber fees.
Forums: Slashdot
Chris Welch / The Verge:
Google unveils the Pixel 8 series in a mint color, plans to bring Circle to Search to the Pixel 8 and 8 Pro, improves the 8 Pro's built-in thermometer, and more  —  A “fresh” new color for the Pixel 8 series isn't the only thing Google is announcing today.
Bloomberg:
Filing: HPE says a threat actor 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
Luke Bouma / Cord Cutters News:
Fubo TV launches Instant Headlines Beta, which uses AI to generate headlines from live news programs on Fox News, MSNBC, CNN, and other networks  —  You may be familiar with AI-powered highlights of sporting events.  Now, though, Fubo has announced for the first time you will be able to get instant headlines from live news programs.
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 …
Abner Li / 9to5Google:
Google Pixel users say all their apps cannot access data in internal storage after installing the January 2024 Google Play system update, causing various issues  —  Following a storage access issue in October with the initial Android 14 release and multiple users, Pixel devices might …
Ron Miller / TechCrunch:
Anomalo, which uses AI to solve data-quality problems in large datasets, raised a $33M Series B led by SignalFire, bringing its total funding to $72M  —  When Anomalo's co-founders left Instacart in 2018, they thought they could put machine learning to work to solve data quality problems inherent in large data sets.
More: SiliconANGLE
Heather Somerville / Wall Street Journal:
VCs put $100B+ in US defense tech startups since 2021, but convincing the Pentagon to buy from them has proven difficult; only a few had $25M+ in orders in FY23  —  Tech startups get cool reception from Defense Department despite its rhetoric that it will buy more from Silicon Valley
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
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

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This is a Techmeme archive page. It shows how the site appeared at 11:35 AM ET, January 25, 2024.

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From Mediagazer

Variety:
AMC Networks acquires full control of BBC America, after BBC Studios sold its remaining 50.1% interest in the channel to AMC Networks for $42M in cash

Sean Burch / The Wrap:
News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M

Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

More News

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
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

Earlier Picks

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%+
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
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
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
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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