Spotify Hits 205 Million Paid Subscribers

Spotify packed on 10 million Premium customers in the last three months of 2022 to stand at 205 million, topping its previous guidance. Variety reports: The growth of its paid subs, up 14% year over year, was "aided by promotional intake and household plans," the company said. Overall, the streamer gained 33 million total monthly active users in the...

2h

Intel Cuts Pay Across the Board To Avoid Layoffs

segaboy81 writes: Internal reports of Intel cutting pay across the board are flooding the internet. It's now confirmed that CEO Pat Gelsinger will take a 25% cut, while everyone else takes a 5% to 15% hit. What's worse is it looks like they will remain cash-flow negative throughout 2023 despite all this. Intel's December earnings were revealed last...

5h

'De-Extinction' Company Will Try To Bring Back the Dodo

An anonymous reader quotes a report from Gizmodo: Genetic engineering company Colossal Biosciences said Tuesday that it will try to resurrect the extinct dodo bird, and it's received $150 million in new funding to support its "de-extinction" activities. The dodo was already part of Colossal's plans by September 2022, but now the company has announced...

9h

Microsoft Upgrades Defender To Lock Down Linux Devices For Their Own Good

Organizations using Microsoft's Defender for Endpoint will now be able to isolate Linux devices from their networks to stop miscreants from remotely connecting to them. The Register reports: The device isolation capability is in public preview and mirrors what the product already does for Windows systems. "Some attack scenarios may require you to isolate...

9h

Sony Halves Reported Sales Expectations For Coming PSVR2 Headset

Sony is drastically scaling back its sales expectations for next month's launch of the PlayStation VR2 headset, according to a Bloomberg report citing "people familiar with [Sony's] deliberations." Ars Technica reports: The PlayStation 5 maker now expects to sell just 1 million PSVR2 units by the end of March, down from sales expectations of 2 million...

9h

PayPal, HubSpot Announce Layoffs

PayPal unveiled plans Tuesday to cut 2,000 employees, becoming the latest U.S. company to reduce its headcount, just hours after software company HubSpot announced it would lay off 500 positions in an effort to reduce costs as the company struggles from a "perfect storm" of inflation, tight customer budgets and "volatile foreign exchange." Forbes reports:...

11h

OpenAI Releases Tool To Detect Machine-Written Text

An anonymous reader quotes a report from Axios: ChatGPT creator OpenAI today released a free web-based tool designed to help educators and others figure out if a particular chunk of text was written by a human or a machine. OpenAI cautions the tool is imperfect and performance varies based on how similar the text being analyzed is to the types of writing...

12h

Celsius Used New Customer Funds To Pay For Withdrawals

Celsius Network misled its investors -- and on occasion used new customer funds to pay for other customers' withdrawals, the usual definition of a Ponzi scheme, an independent examiner (PDF) for the U.S. bankruptcy court in New York said in a Tuesday filing. CoinDesk reports: In September, Shoba Pillay was asked by the court to offer an outside view...

13h

A Welsh Brand of McDonald's Plays Classical Music, Rations Wi-Fi To Deter Anti-Social Behavior

A Welsh branch of McDonald's has started playing classical music and rationing wi-fi in a bid to deter anti-social behavior. The BBC reports: The fast-food restaurant has taken action after incidents at its Wrexham branch and elsewhere in the city which led to police issuing dispersal orders. North Wales Police said a group of 20 to 30 youngsters had...

13h

'Nothing, Forever' Is an Endless 'Seinfeld' Episode Generated By AI

An anonymous reader quotes a report from Motherboard: Four pixelated cartoon characters talk to each other about coffee, Amazon deliveries, and veganism as they stand apart in a decorated NYC apartment. There is one woman and three men who seem to be the animated versions of Seinfeld's main characters, Elaine, Jerry, George, and Kramer. But unlike Seinfeld,...

13h