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Analysis: tech layoffs in 2024, totaling 25,000 across ~100 companies so far, according to Layoffs.fyi, are more strategic than mass layoffs in 2023 (Mike Isaac/New York Times)

    Mike Isaac / New York Times: Analysis: tech layoffs in 2024, totaling 25,000 across ~100 companies so far, according to Layoffs.fyi, are more strategic than mass layoffs in 2023  —  Amazon, Google, Microsoft and other tech companies have been on… Read More »Analysis: tech layoffs in 2024, totaling 25,000 across ~100 companies so far, according to Layoffs.fyi, are more strategic than mass layoffs in 2023 (Mike Isaac/New York Times)

    Sources: TikTok plans to open studios in several cities, including LA, where creators can livestream and sell products, a strategy that worked for Douyin (The Information)

      The Information: Sources: TikTok plans to open studios in several cities, including LA, where creators can livestream and sell products, a strategy that worked for Douyin  —  When TikTok creators start a livestream to chat about their new favorite hairbrush,… Read More »Sources: TikTok plans to open studios in several cities, including LA, where creators can livestream and sell products, a strategy that worked for Douyin (The Information)

      Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023 (Financial Times)

        Financial Times: Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023  —  High-spending marketing push by PDD Holdings-owned… Read More »Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023 (Financial Times)

        Ofcom: 22% of search results around basic self-injury terms on Google, Bing, DuckDuckGo, Yahoo, and AOL produced single-click links to more harmful content (Ingrid Lunden/TechCrunch)

          Ingrid Lunden / TechCrunch: Ofcom: 22% of search results around basic self-injury terms on Google, Bing, DuckDuckGo, Yahoo, and AOL produced single-click links to more harmful content  —  Move over, TikTok.  Ofcom, the U.K. regulator enforcing the now official Online… Read More »Ofcom: 22% of search results around basic self-injury terms on Google, Bing, DuckDuckGo, Yahoo, and AOL produced single-click links to more harmful content (Ingrid Lunden/TechCrunch)

          Sources: the US stopped autonomous trucking firm TuSimple’s shipment of Nvidia A100 chips to Australia to probe whether they were ultimately bound for China (Wall Street Journal)

            Wall Street Journal: Sources: the US stopped autonomous trucking firm TuSimple’s shipment of Nvidia A100 chips to Australia to probe whether they were ultimately bound for China  —  Authorities stopped the shipment by autonomous-trucking firm TuSimple in its latest tangle… Read More »Sources: the US stopped autonomous trucking firm TuSimple’s shipment of Nvidia A100 chips to Australia to probe whether they were ultimately bound for China (Wall Street Journal)

            Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., and operating profit down 34.57% YoY to ~$2.1B, vs. ~$2.6B est. (Sheila Chiang/CNBC)

              Sheila Chiang / CNBC: Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., and operating profit down 34.57% YoY to ~$2.1B, vs. ~$2.6B est.  —  – Samsung on Wednesday reported a 34.57% drop in operating profit in… Read More »Samsung reports Q4 revenue down 3.8% YoY to ~$51B, vs. ~$52.1B est., and operating profit down 34.57% YoY to ~$2.1B, vs. ~$2.6B est. (Sheila Chiang/CNBC)

              Universal Music Group plans to cease licensing content to TikTok after their agreement expires on January 31, saying they failed to reach new licensing terms (Todd Spangler/Variety)

                Todd Spangler / Variety: Universal Music Group plans to cease licensing content to TikTok after their agreement expires on January 31, saying they failed to reach new licensing terms  —  UMG said that its agreement with TikTok is set to… Read More »Universal Music Group plans to cease licensing content to TikTok after their agreement expires on January 31, saying they failed to reach new licensing terms (Todd Spangler/Variety)

                US indicts a Chicago man who allegedly led a SIM-swap gang; members stole millions of dollars and posed as other people in Apple, T-Mobile, AT&T, Verizon stores (Ashley Belanger/Ars Technica)

                  Ashley Belanger / Ars Technica: US indicts a Chicago man who allegedly led a SIM-swap gang; members stole millions of dollars and posed as other people in Apple, T-Mobile, AT&T, Verizon stores  —  Scheme allegedly targeted Apple, AT&T, Verizon, and… Read More »US indicts a Chicago man who allegedly led a SIM-swap gang; members stole millions of dollars and posed as other people in Apple, T-Mobile, AT&T, Verizon stores (Ashley Belanger/Ars Technica)

                  EA reports Q3 net bookings up 1% YoY to $2.37B, vs. $2.39B est., with EA Sports FC net bookings up 7% YoY, and net revenue of $1.95B, up from $1.88B YoY (Jennifer Maas/Variety)

                    Jennifer Maas / Variety: EA reports Q3 net bookings up 1% YoY to $2.37B, vs. $2.39B est., with EA Sports FC net bookings up 7% YoY, and net revenue of $1.95B, up from $1.88B YoY  —  Per EA, the platform… Read More »EA reports Q3 net bookings up 1% YoY to $2.37B, vs. $2.39B est., with EA Sports FC net bookings up 7% YoY, and net revenue of $1.95B, up from $1.88B YoY (Jennifer Maas/Variety)

                    Arlo, which offers smart home devices, raises the price of its Arlo Secure service from $5/month to $8/month for a single camera, after a price hike in 2023 (Jennifer Pattison Tuohy/The Verge)

                      Jennifer Pattison Tuohy / The Verge: Arlo, which offers smart home devices, raises the price of its Arlo Secure service from $5/month to $8/month for a single camera, after a price hike in 2023  —  In more “things are just… Read More »Arlo, which offers smart home devices, raises the price of its Arlo Secure service from $5/month to $8/month for a single camera, after a price hike in 2023 (Jennifer Pattison Tuohy/The Verge)

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