Tech Meme

Reuters: Samsung reports a ~$1.38B mobile profit in Q4, down from ~$2.15B in Q4 2021, and says its 2023 chip investment will be similar to 2022, in contrast to rivals  —  South Korea’s Samsung Electronics Co Ltd (005930.KS) on Tuesday indicated it has no plan to cut investment in chips this year … Lees verder op Tech Meme

Takashi Mochizuki / Bloomberg: Sources: Sony halves its Q1 PlayStation VR2 shipment forecast to ~1M units after disappointing early preorders; the headset will be launched on February 22  —  Sony Group Corp. reduced projections for the initial launch of its PlayStation VR2 headset dramatically after early pre-orders disappointed … Lees verder op Tech Meme

Jonathan Stempel / Reuters: A US judge allows the names of the two people who posted SBF’s $250M bail to be made public, but stays the ruling until at least February 7, expecting an appeal  —  A U.S. judge on Monday said the names of two people who helped guarantee bail for indicted FTX cryptocurrency exchange founder Sam Bankman-Fried … Lees verder op Tech Meme

Vox: Meta, Google, and Amazon leadership are conjuring their companies’ “scrappy” startup roots in internal messaging, asking staff to work harder or face layoffs  —  Facebook, Google, and Amazon are trying to get their groove back.  —  When Meta’s head of people, Lori Goler … Lees verder op Tech Meme

Jennifer Elias / CNBC: At a town hall, Sundar Pichai asked staff to stay motivated as Google faces competition in areas like AI and indicated there would be executive bonus cuts  —  – Google CEO Sundar Pichai and executive leaders addressed employee questions at a town hall meeting on Monday after last week’s job cuts. Lees verder op Tech Meme

Zheping Huang / Bloomberg: Chinese gamers lose access to Blizzard’s games after its 14-year partnership with NetEase ended; servers hosting the games shut down in China on January 23  —  Millions of Chinese gamers have lost access to World of Warcraft after a furious dispute between US title owner Activision Blizzard Inc … Lees verder op Tech Meme

Jesse Hamilton / CoinDesk: The FBI says North Korea-backed hacking groups Lazarus and APT38 are behind the June 2022 theft of ~$100M in ETH, USDT, and wBTC from Harmony’s Horizon bridge  —  Lazarus Group and APT38, both associated with North Korea, are responsible for the attack in June, the agency concluded. Lees verder op Tech Meme

Bloomberg: Sources: the DOJ is poised to sue Google this week over dominating the US digital ad market, the fifth major US case challenging its business practices  —  The US Justice Department is poised to sue Alphabet Inc.’s Google as soon as Tuesday regarding the search giant’s dominance … Lees verder op Tech Meme

Lauren Feiner / CNBC: Filings: Apple’s US lobbying spend grew 44% YoY to $9.4M in 2022; Amazon’s grew ~2% to $19.7M, Meta’s fell 4.6% to $19.2M; Google spent $10.9M, Microsoft $9.8M  —  – Apple grew its lobbying spend the most last year compared to its peers, according to public disclosures. Lees verder op Tech Meme

Kaya Yurieff / The Information: Internal messages: TikTok told some of its US employees they could lose their jobs unless they show they already moved to an address near their assigned offices  —  TikTok is cracking down on remote work, telling some U.S. workers they could lose their jobs unless they show they have already moved near their assigned offices. Lees verder op Tech Meme