- Craft, whose data platform helps supply chain, procurement, and risk managers monitor their networks of suppliers, raised a $32M Series B led by BAM Elevate (Mike Wheatley/SiliconANGLE)
- Meta says Facebook had 2B daily active users at the end of Q4, after adding 16M DAUs; WhatsApp crossed 2B daily active users in October 2022 (Karissa Bell/Engadget)
- Sources: Tiger Global reduced its latest fund's target size from $6B in October 2022 to $5B; Tiger expected to raise roughly $12.7B, its prior fund size in 2021 (Wall Street Journal)
- Sources: Netflix told advertisers that sign-ups for its ad tier doubled in January 2023 over December 2022; Netflix predicted 1.75M ad tier subscribers in Q1 (Sahil Patel/The Information)
- Microsoft's Teams Premium hits general availability for $10 per user per month; AI-generated notes powered by OpenAI's GPT-3.5 arrive "in the coming months" (Nicole Herskowitz/Microsoft 365 Blog)
- Mark Zuckerberg says Meta's management theme for 2023 is the "Year of Efficiency" and emphasizes the company is aiming to "become a leader in generative AI" (Taylor Hatmaker/TechCrunch)
- Netflix says US password sharing rules haven't been set yet and removes rules from its US help page saying users must connect to a "primary Wi-Fi" every 31 days (Emma Roth/The Verge)
- Meta increases its share repurchase authorization by $40B and says the company bought back $6.91B and $27.93B in stock in Q4 2022 and 2022, respectively (Jordan Novet/CNBC)
- Meta took a $4.2B restructuring charge in Q4, which included costs for early office space terminations, data center redesigns, and severance for laid-off staff (Mike Isaac/New York Times)
- Meta reports $727M Reality Labs revenue in Q4, vs. $715.1M est., a $4.28B operating loss, vs. $4.36B est., a $13.72B loss in 2022, and expects a wider 2023 loss (CNBC)
- ChatGPT sets record for fastest-growing user base in history, report says
- Up to 29,000 unpatched QNAP storage devices are sitting ducks to ransomware
- Netflix stirs fears by using AI-assisted background art in short anime film
- New data illustrates time’s effect on hard drive failure rates
- Paper: Stable Diffusion “memorizes” some images, sparking privacy concerns
- Pig-butchering scam apps sneak into Apple’s App Store and Google Play
- GitHub says hackers cloned code-signing certificates in breached repository
- MusicLM: Google AI generates music in various genres at 24 kHz
- Massive Yandex code leak reveals Russian search engine’s ranking factors
- Most criminal cryptocurrency is funneled through just 5 exchanges