Friday, January 20, 2023

Experts argue the TikTok ban by over two dozen US states is a reflection of government groupthink and an overreaction to an app officials don't fully understand (Drew Harwell/Washington Post)

Drew Harwell / Washington Post:
Experts argue the TikTok ban by over two dozen US states is a reflection of government groupthink and an overreaction to an app officials don't fully understand  —  More than two dozen states have banned the lighthearted video app, citing fears of ‘Chinese infiltration.’ But some experts call …



A survey of 2,300+ game developers: 45% don't buy the promise of the metaverse, 53% support unionization, 91% say harassment by players is an issue, and more (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat:
A survey of 2,300+ game developers: 45% don't buy the promise of the metaverse, 53% support unionization, 91% say harassment by players is an issue, and more  —  Game developers are more skeptical of metaverse and blockchain projects, according to a new survey by the Game Developers Conference.



Google to lay off 12000: Read CEO Sundar Pichai's email

Google is set to cut 12,000 jobs. The company's CEO Sundar Pichai shared the "difficult news" in an email to employees. The job cuts will impact the company's operations globally. Many of the affected employees in the US will get the email today. The letter also mentions the severance that the affected Google employees in the US will be getting. For others, the letter says that it will be "in line with local practices". Here's the full text of the email sent by Pichai. https://ift.tt/y2n143k

Sources: Google executives met with Larry Page and Sergey Brin last month to discuss Google's AI efforts, as the company seeks to combat OpenAI's ChatGPT (Nico Grant/New York Times)

Nico Grant / New York Times:
Sources: Google executives met with Larry Page and Sergey Brin last month to discuss Google's AI efforts, as the company seeks to combat OpenAI's ChatGPT  —  A rival chatbot has shaken Google out of its routine, with the founders who left three years ago re-engaging and more than 20 A.I. projects in the works.



Sources: Wayfair plans to lay off over 1,000 employees, or 5%+ of its staff, due to shrinking sales; the online furniture seller cut ~870 jobs in August 2022 (Wall Street Journal)

Wall Street Journal:
Sources: Wayfair plans to lay off over 1,000 employees, or 5%+ of its staff, due to shrinking sales; the online furniture seller cut ~870 jobs in August 2022  —  Online furniture retailer has struggled with shrinking sales  —  Tech Layoffs Pile Up as Bosses Reverse Course  —  Created with sketchtool.



Autonomous vehicles in China face legal and financial issues, including different rules set by local governments, less funding, and uncertain profit prospects (Nikkei Asia)

Nikkei Asia:
Autonomous vehicles in China face legal and financial issues, including different rules set by local governments, less funding, and uncertain profit prospects  —  WeRide and Pony.ai turn to selling systems for short-term profits  —  GUANGZHOU/TOKYO — China's efforts to get more nearly autonomous vehicles …



Thursday, January 19, 2023

Analysis: ransomware attackers received at least ~$457M in 2022, a low estimate, down from ~$766M in 2020 and 2021, as victims increasingly refuse to pay (Chainalysis)

Chainalysis:
Analysis: ransomware attackers received at least ~$457M in 2022, a low estimate, down from ~$766M in 2020 and 2021, as victims increasingly refuse to pay  —  2022 was an impactful year in the fight against ransomware.  Ransomware attackers extorted at least $456.8 million from victims in 2022, down from $765.6 million the year before.



India's Supreme Court declines Google's request to block the Competition Commission of India's antitrust order on Android, leaving in place a $116M fine (Reuters)

Reuters:
India's Supreme Court declines Google's request to block the Competition Commission of India's antitrust order on Android, leaving in place a $116M fine  —  India's competition regulator on Thursday denied allegations by Google that investigators had “copy-pasted” parts of a European ruling …



Twitter launches Blue on Android for $11 per month, the same as iOS and $3 more than the web, after launching an annual subscription (Ivan Mehta/TechCrunch)

Ivan Mehta / TechCrunch:
Twitter launches Blue on Android for $11 per month, the same as iOS and $3 more than the web, after launching an annual subscription  —  A day after launching an annual Twitter Blue subscription, the social media company made the paid plan available for purchase for Android users today.



National Australia Bank creates the AUDN stablecoin, the second major Australian bank after ANZ's A$DC, letting customers settle transactions on the blockchain (James Eyers/Australian Financial Review)

James Eyers / Australian Financial Review:
National Australia Bank creates the AUDN stablecoin, the second major Australian bank after ANZ's A$DC, letting customers settle transactions on the blockchain  —  National Australia Bank has become the second of the major banks to create a stablecoin, called the AUDN, to allow its business customers …



CoinDesk retains investment bankers at Lazard to help the outlet explore options including a partial or full sale after "numerous" indications of interest (Wall Street Journal)

Wall Street Journal:
CoinDesk retains investment bankers at Lazard to help the outlet explore options including a partial or full sale after “numerous” indications of interest  —  Company has ‘received numerous inbound indications of interest,’ CEO Kevin Worth says  —  CoinDesk Inc. …



Wednesday, January 18, 2023

At the World Economic Forum in Davos, Circle and other crypto companies are hoping to rehabilitate the industry's image after FTX and find new investors (Abha Bhattarai/Washington Post)

Abha Bhattarai / Washington Post:
At the World Economic Forum in Davos, Circle and other crypto companies are hoping to rehabilitate the industry's image after FTX and find new investors  —  The World Economic Forum's annual gathering has become an unlikely destination for the crypto industry as it tries to raise its profile — and new funds



Twitter begins offering an annual Blue plan for $84 on the web, saving around 12% for a monthly web subscription and 36% for an iOS subscription (Richard Lawler/The Verge)

Richard Lawler / The Verge:
Twitter begins offering an annual Blue plan for $84 on the web, saving around 12% for a monthly web subscription and 36% for an iOS subscription  —  Ever since Elon Musk took over Twitter, one of his aims has been to build up its subscription business, launching a revamped Twitter Blue package …



After criticism from users, Adobe Chief Product Officer Scott Belsky denies using customer projects to train the company's generative AI services (Bloomberg)

Bloomberg:
After criticism from users, Adobe Chief Product Officer Scott Belsky denies using customer projects to train the company's generative AI services  —  Adobe Inc. Chief Product Officer Scott Belsky said the company has never trained its generative artificial-intelligence services on customer projects …



As Apple shifts from China, experts worry India will struggle with iPhone production due to supply chain issues, labor woes, a lack of automation, and more (Patrick McGee/Financial Times)

Patrick McGee / Financial Times:
As Apple shifts from China, experts worry India will struggle with iPhone production due to supply chain issues, labor woes, a lack of automation, and more  —  The tech giant increasingly finds itself beholden to America's biggest geopolitical rival.  But is diversification even possible?



Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...