Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty
Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
Sources: Apple is working on Macs with a touchscreen; the first model may be a MacBook Pro with an OLED display supporting gestures, set to be released in 2025
Apple Inc. is working on adding touch screens to its Mac computers, a move that would defy long-held company orthodoxy and embrace …
Bulgarian police say London-based crypto lender Nexo's office in Sofia was raided on Thursday, seeking information on suspected money laundering and tax crimes
Crypto lender Nexo's office in Sofia was raided by Bulgarian police on Thursday as part of an investigation into suspected money laundering and tax crimes.
A federal judge terminates FTX's 19-year, $135M naming rights deal with Miami-Dade County's Heat arena, a massive undertaking involving the roof and more
The naming rights deal between FTX and Miami-Dade County was terminated Wednesday by a federal bankruptcy court …
Microsoft plans to update all Xbox Series X and S consoles to an energy-saving Shutdown mode by default 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 cost savings.
JPMorgan Chase is suing the founder of Frank, a student loan software startup acquired for $175M, over 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.”
Kuo: mass shipments of second-generation AirPods Max and AirPods with a $99 price target 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 …
Sources: Twitter is leaving at least 12 international offices due to closures or not paying rent, including in Hong Kong, Mexico, Ghana, Australia, and India
- Twitter is leaving at least a dozen international offices due to closures or not paying rent. — Hubs in Europe and even Twitter's headquarters in Asia are shuttered.
Sources: crypto broker Genesis owes creditors more than $3B, leading DCG to explore selling venture assets, estimated to be worth ~$500M, to raise cash
Barry Silbert's conglomerate weighs offloading venture assets to help wholly owned digital asset lender
TSMC reports Q4 revenue up 26.7% YoY to $19.93B and net income up 78% YoY to $9.72B, beating estimates of ~$9.5B, even as the chip industry downturn continues
Taiwanese chipmaker TSMC (2330.TW) reported a forecast-beating 78% rise in quarterly profit on Thursday, as strong sales …
Intel announces its Core i9-13900KS CPU, clocked at 6GHz out of the box, with eight performance and 16 efficiency cores, available now for $699
Initially mentioned during their Innovation 2022 opening keynote by Intel CEO Pat Gelsinger, Intel has unveiled its highly anticipated 6 GHz out-of-the-box processor, the Core i9-13900KS.
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 not great …
A set of allegedly official Samsung Galaxy S23 marketing images leak, showing four colors, a refined design, and more; S23 Ultra's camera is rumored to be 200MP
The Galaxy S23 from Samsung is set to be announced on the first day of February. Even though that's a given …
Amazon partners with Ava Labs, which develops the Avalanche blockchain, to support Avalanche's infrastructure and dApp ecosystem through its AWS marketplace
Amazon Web Services (AWS) has partnered with Ava Labs, the company building out layer-1 blockchain Avalanche …
CNET has been using an “AI engine” to write financial explainers under a CNET Money byline since November 2022, reviewed, fact-checked, and edited by a human
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 human.
Yuga Labs announces a skill-based game, Dookey Dash, accessed via a free mint for BAYC holders called Sewer Passes, running between January 18 and February 15
The gamified expansion of its Bored Ape Yacht Club ecosystem involves minting a free Sewer Pass to play a game called Dookey Dash.
A look at the FAA's struggles to modernize air traffic control, including improving safety notices to pilots and ending use of paper strips to track aircrafts
The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday …
Sources: in December, Twitter started considering auctioning off usernames to generate revenue; Elon Musk had said he wants to free up 1.5B inactive usernames
The company has discussed selling some user names through online auctions, people with knowledge of the plans said.
Paris-based Ubisoft's stock drops ~14% after the company slashes its forecasts, reports “markedly and surprisingly slower” holiday sales, and delays a game
Shares shed 19% after Paris-based games group predicts net bookings will fall by a tenth
A filing details Adobe's $20B Figma acquisition: multiple attempts in 2020 and 2021 before co-founder Dylan Field accepted, interest from Microsoft, and more
Adobe Inc. tried to acquire design firm Figma Inc. for years before co-founder Dylan Field and the startup finally accepted …
Source: OpenAI will get all of the equity back once $92B in profit plus $13B in initial investment are paid 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 one has me scratching my head …
Sources: Coinbase's internal “sentiment” tracker for media coverage showed Sam Bankman-Fried's FTX was consistently viewed more favorably until its collapse
Crypto exchange Coinbase has for years tracked how the company is portrayed in the press and online, and that “sentiment” …
Congress rejects the US Army's request for $400M to buy as many as 6,900 Microsoft HoloLens goggles this fiscal year but approves $40M to develop a new model
Microsoft Corp. won't be getting more orders for its combat goggles anytime soon after Congress rejected the US Army's request …
An NLRB official rejects Amazon's attempt to overturn an April 2022 Staten Island warehouse union victory, citing a lack of evidence; Amazon intends to appeal
where the @amazonlabor union celebrated a landmark victory back on April 1. https://twitter.com/... Steven Greenhouse / @greenhousenyt : In an important victory for the Amazon Labor Union, an NLRB off...
A furious, wide-ranging argument about “zero COVID” ending is taking over Chinese social media, challenging government censors' efforts to control the narrative
who are equally powerless, equally helpless — and they accuse each other,” True for the US, too. https://www.nytimes.com/... Kenneth Roth / @kenroth : “A furious, wide-ranging argument...on the intern...
Some creators are protesting YouTube's policy changes to regulate swearing and violence, which demonetize gaming videos and retroactively impact old content
Kenneth Shepard / Kotaku :
Sources: Alameda invested $1.1B+ in Genesis Digital, including $500M to buy the co-founders' shares; the bitcoin miner is among FTX's largest bankruptcy assets
Memo: Microsoft plans to give US salaried staff unlimited Discretionary Time Off plus 10 corporate holidays, leaves of absence, mental health time off, and more
surprise—away from the worker. https://twitter.com/... Amy Diehl, Ph.D. / @amydiehl : Unlimited PTO is a trick. It sounds good, but it actually encourages presenteeism. Instead companies should give e...
Sources: GroupM clients cut Twitter ad spend by 40%-50% since Elon Musk took over; Standard Media Index is seeing fewer January and February ad bookings in 2023
Sahil Patel / The Information : See also Mediagazer
South Korean social media giant's Kakao Entertainment, which offers apps for animated shows and novels, raised $930M from Saudi Arabia's PIF and Singapore's GIC
Bloomberg :
Apple launches Apple Business Connect, letting US business owners update and manage their information for Apple Maps, a feature Google Maps has had since 2005
Alphabet's life sciences unit Verily lays off ~15% of its staff, or 200+ employees, as part of a broader reorganization that will end work on several products
Miles Kruppa / Wall Street Journal :
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 :
Data.ai: in 2022, global mobile app spending fell 2% YoY to $167B, downloads grew 11% YoY to 255B, game spending fell 5% YoY, and non-game spending grew 6% YoY
data.ai REPORT The State of Mobile 2023: How to Navigate … Stuart Dredge / Music Ally : App store spending fell by 2% in 2022 (but it was still $167bn) Tweets: @dataai : The State of Mobile 2023 repor...
Twitter says that the company's investigation found “no evidence” that its users' data sold online was obtained by exploiting vulnerabilities in its systems
Todd Spangler / Variety :
Microsoft announces 365 Basic for $1.99 per month, replacing the 100GB OneDrive storage option, rolling out globally on January 30 with ad-free Outlook and more
Inbenta, which offers conversational AI as a service to 250+ brands across industries, raised $40M led by Tritium Partners, bringing its total funding to $60M+
Kyle Wiggers / TechCrunch :
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 :
In an op-ed, Joe Biden asks Republicans and Democrats to unite “to pass strong bipartisan legislation to hold Big Tech accountable”, saying the risks are clear
especially our kids' data. We need a Data Protection Agency to protect our privacy and hold Big Tech accountable. https://www.wsj.com/...
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 :
Employment scams, which lure applicants via fake job offers and websites to reveal sensitive data or pay for work equipment, are targeting laid-off tech workers
Imani Moise / Wall Street Journal : Tweets: @bourreelam Tweets: Bourree Lam / @bourreelam : Catfishing has landed in the careers space. Great @MoiseNoise story, a must read for job seekers and recent...
Analysts: Salesforce customers don't seem to be swayed by the addition of Slack; the messaging service's revenue growth fell from 11.7% in Q1 2022 to 6.9% in Q3
Angus Loten / Wall Street Journal :
Equity management service Carta cuts 10% of its staff, impacting up to ~200 employees, and sues its former CTO; the company was valued at $7.4B in August 2021
Natasha Mascarenhas / TechCrunch :
Supply chain software startup Flexport lays off 20% of its global workforce, or ~640 employees; the company raised $935M at an $8B valuation in February 2022
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.