Sources: Genesis Global laid off 30% of its staff, after a 20% cut in 2022, leaving the crypto lender with 145 workers, and is considering filing for bankruptcy
Firm suffered steep losses from loans it supplied to Alameda, Three Arrows — Massive crypto lender Genesis Global Trading Inc. laid off 30% …
Kuo: due to development issues, Apple is “more likely” to debut its mixed-reality headset in the spring or at WWDC than in January as previously predicted
Analyst Ming-Chi Kuo said in a tweet thread today that ongoing delays with development of Apple's mixed-reality headset …
Qualcomm unveils Snapdragon Satellite, which lets phones with a Gen 2 SoC and an X70 modem text off the grid via Iridium's satellite network, coming in H2 2023
Android phones will soon be getting a feature similar to — and perhaps even more powerful than — Apple's Emergency SOS via satellite.
Samsung estimates that its Q4 operating profit fell by 69% YoY to ~$3.37B, an eight-year low, citing a greater-than-expected decline in memory chip demand
- Samsung Electronics flagged on Friday its quarterly profit tumbled to an eight-year low as a weakening global economy hammered memory chip prices …
Three Arrows Capital liquidators subpoena founders Zhu Su and Kyle Davies, who have resisted cooperation, via Twitter, seeking documents on the fund's collapse
3AC founders Zhu Su and Kyle Davies have been ordered to provide all documents in their possession or control …
Sources: OpenAI is in talks to raise $300M+ from Thrive and Founders Fund in a tender offer, valuing the company at ~$29B, up from $14B in its 2021 tender offer
Tender offer at that valuation would make OpenAI one of the most valuable U.S. startups — Cheating With ChatGPT: Can an AI Chatbot Pass AP Lit?
Lenovo unveils the Yoga Book 9i, a laptop with two 13.3" OLED displays, available in June 2023 for $2,100+ with a 13th Gen Intel Core i7-U15 and 16GB of RAM
Dual monitor setups are great and all, but how about dual screens in a strangely tall laptop? Lenovo is here to answer that …
Twitter verified a Washington Post columnist's fake US Senator Ed Markey account, after Elon Musk said “all verified accounts will be manually authenticated”
Elon Musk said Twitter would begin authenticating users who pay $8 for Blue. Our tech columnist was still able to get a checkmark for an impostor Sen. Ed Markey.
Microsoft files a revised rebuttal to the FTC's lawsuit to block its Activision Blizzard deal, removing its claim that the FTC's structure is unconstitutional
Microsoft says it made a mistake last month when it claimed that the very structure of Federal Trade Commission …
Crypto exchange Huobi plans to lay off 20% of its ~1,100 staff, citing the “bear market”; CoinGecko: Huobi had the 8th largest exchange volume in November 2022
Crypto exchange Huobi plans to lay off about 20% of its staff, the company told Reuters on Friday …
Memo: Genesis parent company DCG shut down its wealth management subsidiary HQ Digital on January 2; filing: HQ had $3.5B+ under management as of December 2022
Digital Currency Group, the parent company of crypto broker Genesis and the publication CoinDesk, has shut down its wealth …
WhatsApp launches proxy support globally, letting users with blocked or disrupted connections use the app via servers set up by volunteers and organizations
If you are unable to connect directly to WhatsApp, a proxy can be used … The Hacker News : WhatsApp Introduces Proxy Support to Help Users Bypass Internet Censorship Jon Porter / The Verge : WhatsApp ...
Rackspace will discontinue its Exchange service after confirming hackers accessed the personal data of 27 customers during the December 2022 ransomware attack
Cloud computing giant Rackspace has confirmed hackers accessed customer data during last month's ransomware attack.
New York AG Letitia James files a civil lawsuit against Celsius co-founder Alex Mashinsky, alleging he defrauded investors out of billions via false statements
Wall Street Journal :
The FTC proposes a rule banning non-compete clauses, saying the contracts harm healthy competition in the labor and product markets and block entrepreneurship
the latest move in Lina Khan's ambitious reform agenda. https://www.nytimes.com/... Elizabeth Warren / @ewarren : Imagine you hate your job. The pay is low. The benefits are crummy. But your boss made...
HTC unveils the $1,099 Vive XR Elite headset with a Qualcomm Snapdragon XR2, 110-degree field of view, and two 90HZ 2K LCD displays, available in February 2023
Salesforce's layoffs hit Tableau, acquired for $15.7B in 2019, harder than other divisions, after CEO Mark Nelson was ousted in late December 2022
Salesforce Inc. division Tableau was hit harder than other units in the company's largest-ever round of jobs cuts this week …
A profile of Shaik Salauddin, an Uber driver turned union leader, who has become a quasi-celebrity in India after fighting for gig worker rights in the country
Varsha Bansal / Rest of World :
Bengaluru-based KreditBee, which operates a digital lending service for personal loans, raised a $100M Series D extension, bringing the round's total to $200M
Manish Singh / TechCrunch :
Snap plans to shut down its Camera app for Mac and PC on January 25, 2023; launched in October 2018, the app let users apply face filters while on video calls
Mitchell Clark / The Verge :
California's pay transparency law came into effect this week revealing some Big Tech salaries including $253K-$327K for a software engineering director at Meta
just what it “reasonably expects,” which is a little vague. https://leginfo.legislature.ca.gov/ ... https://twitter.com/... @susannavogel1 : another day, another very useful salary range. this one fro...
Sony unveils Project Leonardo, a PS5 accessibility controller kit with circular gamepads, for use on its own or with DualSense; pricing and release are TBC
Researcher earns $1M via Immunefi bug bounty platform after discovering a vulnerability in several Polkadot parachains that could have been exploited for~$200M
Vishal Chawla / The Block :
Sources: Taiwan's space agency plans a low-earth orbit satellite communications project to help resist any attacks by China, inspired by Starlink in Ukraine
Kathrin Hille / Financial Times :
Source: Twitter laid off ~40 ad optimization data scientists and engineers, as the company targets areas that leadership considers to be failing or unimportant
Erin Woo / The Information :
Lenovo announces the fourth-gen ThinkBook 16p, adding modular accessories like a 4K wireless webcam, a webcam light, and LTE, available in May 2023 for $1,349
Sources: the White House is set to unveil a strategy in the coming weeks calling for cybersecurity regulation impacting all critical US infrastructure sectors
Washington Post :
Stellantis announces Mobilisights, a business unit focused on selling software using connected vehicle data to enterprises, utilities, and other organizations
Kirsten Korosec / TechCrunch :
Stitch Fix plans to cut 20% of its 1,700 salaried staff as founder Katrina Lake reassumes the CEO role from Elizabeth Spaulding, who took over in August 2021
Alibaba, Tencent, and other Chinese tech giants struck a truce with the government, accepting slower growth and stricter controls as China eases its crackdown
Bloomberg : Tweets: @pingroma and @pingroma Tweets: Zheping Huang / @pingroma : China Tech Inc. has struck an ugly truce with Xi Jinping. Beijing has let go of its campaign of sudden, severe crackdow...
After YouTuber Coffeezilla reported on Logan Paul's apparently sham NFT game CryptoZoo, Paul says his only mistake was trusting the project's many “bad actors”
Google says Android TV OS, the underlying platform for Google TV and Android TV, now has 150M monthly active devices, up 36%+ YoY
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Email fatigue is real: Here's how smart email tools help you regain control
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