Month: January 2023

Sources: Twitter staff in Singapore have been reassigned as remote workers until further notice, amid cost-cuts which include not paying rent on global HQ (Bloomberg)

Bloomberg: Sources: Twitter staff in Singapore have been reassigned as remote workers until further notice, amid cost-cuts which include not paying rent on global HQ  —  Workers at Twitter Inc.’s Singapore office were told to empty out their desks and vacate the premises, said people familiar with the situation …

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Sources: the DOJ is investigating Ian and Dylan Macalinao over Solana stablecoin exchange Saber Labs, after an exposé showed they faked a web of DeFi protocols (Danny Nelson/CoinDesk)

Danny Nelson / CoinDesk: Sources: the DOJ is investigating Ian and Dylan Macalinao over Solana stablecoin exchange Saber Labs, after an exposé showed they faked a web of DeFi protocols  —  The investigation follows a CoinDesk exposé that showed Ian and Dylan Macalinao used a web of 11 pseudonymous identities …

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JPMorgan Chase is suing the founder of Frank, a student loan software startup it bought for $175M, for allegedly lying about scale by creating 4M+ fake users (Forbes)

Forbes: JPMorgan Chase is suing the founder of Frank, a student loan software startup it bought for $175M, for allegedly lying about scale by creating 4M+ fake users  —  The financial giant is suing the founder of a Mark Rowan-backed startup it acquired, claiming the fintech, Frank, had sold the financial giant on a “lie.”

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Data.ai: in 2022, mobile app global spending fell 2% YoY to $167B, downloads grew 11% YoY to 255B, game spending fell 5% YoY, and non-game spending grew 6% YoY (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch: Data.ai: in 2022, mobile app global spending fell 2% YoY to $167B, downloads grew 11% YoY to 255B, game spending fell 5% YoY, and non-game spending grew 6% YoY  —  The app ecosystem’s nonstop growth finally slipped this past year.  An annual review of the app economy by mobile analytics firm

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Lunar Rover is No Toy

When you think of Tomy — more properly, Takara Tomy — you think of toys and models from Japan. After all, they have made models and toys as iconic as Transformers, Thomas, Jenga, Boggle, and Furby. They also made figures associated with Thunderbirds and Tron, two favorites in our circles. However, their recent design for

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Canalys, IDC, and Gartner report global PC shipments fell for the fourth consecutive quarter in Q4 2022, by 28%-29% YoY to 65.3M-67.2M units; Dell fell ~37% YoY (Ron Miller/TechCrunch)

Ron Miller / TechCrunch: Canalys, IDC, and Gartner report global PC shipments fell for the fourth consecutive quarter in Q4 2022, by 28%-29% YoY to 65.3M-67.2M units; Dell fell ~37% YoY  —  When you look at fourth quarter worldwide PC sales data from Canalys, IDC and Gartner, it’s fair to say that the news was

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Source: OpenAI will get all of the equity back once $92B in profit plus $13B in initial investment are repaid to Microsoft and once other investors earn $150B (Gary Marcus/The Road to AI We Can Trust)

Gary Marcus / The Road to AI We Can Trust: Source: OpenAI will get all of the equity back once $92B in profit plus $13B in initial investment are repaid to Microsoft and once other investors earn $150B  —  I don’t usually write about business deals, much less about rumors about business deals, but this

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Kuo: mass shipments of second-generation AirPods Max and $99 AirPods will likely begin in the second half of 2024 or the first half of 2025 (Joe Rossignol/MacRumors)

Joe Rossignol / MacRumors: Kuo: mass shipments of second-generation AirPods Max and $99 AirPods will likely begin in the second half of 2024 or the first half of 2025  —  Mass shipments of second-generation AirPods Max and more affordable AirPods will likely begin in the second half of 2024 or the first half of 2025

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Microsoft updates Xbox Series X and S consoles to automatically switch to energy-saving Shutdown mode and is working on a smarter Sleep mode for active hours (Tom Warren/The Verge)

Tom Warren / The Verge: Microsoft updates Xbox Series X and S consoles to automatically switch to energy-saving Shutdown mode and is working on a smarter Sleep mode for active hours  —  Microsoft is planning to switch Xbox Series X and S owners over to an energy-saving power mode in a bid for sustainability and

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NASA Help Wanted: Telescope Optional

If you’ve ever wanted to work for NASA, here’s your chance. Well, don’t expect a paycheck or any benefits, but the Agency is looking for volunteers to help process the huge amount of exoplanet data with their Exoplanet Watch program. If you have a telescope, you can even contribute data to the project. But if

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AWS partners with Ava Labs, which develops the Avalanche blockchain, to support Avalanche’s infrastructure and dApp ecosystem through the AWS marketplace (Jacquelyn Melinek/TechCrunch)

Jacquelyn Melinek / TechCrunch: AWS partners with Ava Labs, which develops the Avalanche blockchain, to support Avalanche’s infrastructure and dApp ecosystem through the AWS marketplace  —  Amazon Web Services (AWS) has partnered with Ava Labs, the company building out layer-1 blockchain Avalanche, to help scale blockchain …

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Source: Stripe lowers its internal valuation by ~11% to $63B, its third known cut since June 2022, bringing the total reduction to ~40% in the past six months (Maria Heeter/The Information)

Maria Heeter / The Information: Source: Stripe lowers its internal valuation by ~11% to $63B, its third known cut since June 2022, bringing the total reduction to ~40% in the past six months  —  Stripe has cut the internal value of its shares by about 11%, implying a valuation of $63 billion, according to a

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Google Meet emoji reactions are finally here

Emoji reactions on Google Meet float up the left side of the screen and “burst” when multiple are used. | Image: Google Meet Google is finally rolling out emoji reactions for Meet, something myself and other colleagues have been patiently waiting for since Google announced the feature last year. Now the video conferencing platform will

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Google strikes back in search antitrust lawsuit

Illustration: The Verge Courts have unsealed Google’s motion to dismiss an antitrust lawsuit over its search engine — one that could fracture a core Google service in order to increase online competition. In a motion for summary judgment filed on December 12th, the company argues that the complaint misrepresents its agreements with browser developers and

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CNET has been using AI, which it calls automation technology, to write financial explainer posts under a CNET Money Staff byline, apparently since November 2022 (Frank Landymore/Futurism)

Frank Landymore / Futurism: CNET has been using AI, which it calls automation technology, to write financial explainer posts under a CNET Money Staff byline, apparently since November 2022  —  Next time you’re on your favorite news site, you might want to double check the byline to see if it was written by an actual

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Sources: Apple promises investors to disclose details about its App Store removals, including the number of removal requests by country and their legal basis (Financial Times)

Financial Times: Sources: Apple promises investors to disclose details about its App Store removals, including the number of removal requests by country and their legal basis  —  Activists had raised concerns about how iPhone maker’s decision-making process affected freedom of expression

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