Apple

Zuckerberg: Apple 'Hasn't Invented Anything Great in a While' 117

Meta CEO Mark Zuckerberg criticized Apple's innovation record and business practices in a Joe Rogan podcast interview on January 10, claiming the iPhone maker has not "invented anything great in a while" and is "just sitting" on its flagship product 20 years after Steve Jobs created it.

Zuckerberg accused Apple of using arbitrary App Store rules and 30% developer fees to offset declining iPhone sales. He also said Apple blocks competitors from accessing iPhone protocols, citing Meta's failed attempt to integrate its Ray-Ban smart glasses with Apple's connectivity features. The Meta chief also criticized Apple's $3,500 Vision Pro headset, calling it inferior to Meta's $300-400 device.
Businesses

Amazon To Halt Some of Its DEI Programs (cnbc.com) 117

Amazon said it is halting some of its diversity and inclusion initiatives, joining a growing list of major corporations that have made similar moves in the face of increasing public and legal scrutiny. From a report: In a Dec. 16 internal note to staffers that was obtained by CNBC, Candi Castleberry, Amazon's VP of inclusive experiences and technology, said the company was in the process of "winding down outdated programs and materials" as part of a broader review of hundreds of initiatives.
"Rather than have individual groups build programs, we are focusing on programs with proven outcomes -- and we also aim to foster a more truly inclusive culture," Castleberry wrote in the note, which was first reported by Bloomberg. Castleberry's memo doesn't say which programs the company is dropping as a result of its review.
Further reading: Meta Kills DEI Programs.
AI

VCs Say AI Companies Need Proprietary Data To Stand Out 12

TechCrunch's Rebecca Szkutak reports: TechCrunch recently surveyed 20 VCs who back startups building for enterprises about what gives an AI startup a moat, or what makes it different compared to its peers. More than half of the respondents said that the thing that will give AI startups an edge is the quality or rarity of their proprietary data. Paul Drews, a managing partner at Salesforce Ventures, told TechCrunch that it's really hard for AI startups to have a moat because the landscape is changing so quickly. He added that he looks for startups that have a combination of differentiated data, technical research innovation, and a compelling user experience.

Jason Mendel, a venture investor at Battery Ventures, agreed that technology moats are diminishing. "I'm looking for companies that have deep data and workflow moats," Mendel told TechCrunch. "Access to unique, proprietary data enables companies to deliver better products than their competitors, while a sticky workflow or user experience allows them to become the core systems of engagement and intelligence that customers rely on daily." Having proprietary, or hard-to-get, data becomes increasingly important for companies that are building vertical solutions.

Scott Beechuk, a partner at Norwest Venture Partners, said companies that are able to home in on their unique data are the startups with the most long-term potential. Andrew Ferguson, a vice president at Databricks Ventures, said that having rich customer data, and data that creates a feedback loop in an AI system, makes it more effective and can help startups stand out, too. [...] Beyond just data, VCs said they look for AI teams led by strong talent, ones that have existing strong integrations with other tech, and companies that have a deep understanding of customer workflows.
Businesses

Amazon To Shut Down 'Try Before You Buy' Rival To Stitch Fix (cnbc.com) 11

Amazon is shutting down its "Prime Try Before You Buy" service on January 31, according to a notice on its website. The offering operated similarly to apparel subscription services like Stitch Fix and Rent the Runway, allowing Prime members to try out apparel-related products and only pay for items they wanted to keep. CNBC reports: An Amazon spokesperson confirmed the move, which was first reported by The Information. "Given the combination of Try Before You Buy only scaling to a limited number of items and customers increasingly using our new AI-powered features like virtual try-on, personalized size recommendations, review highlights, and improved size charts to make sure they find the right fit, we're phasing out the Try Before You Buy option, effective January 31, 2025," the spokesperson told CNBC in a statement.

Amazon rolled out the service, which was previously called Prime Wardrobe, in 2017. It was only available to members of Amazon's $139-per-year Prime subscription program, which also includes perks such as speedy shipping and access to streaming services. Users could test out a mix of luxury, staple and Amazon-owned brands, and return whatever they didn't want to keep for free within seven days of receiving the items. The service operated similarly to wardrobe subscription services including Stitch Fix and Rent the Runway, as well as newer entrants such as Urban Outfitters' Nuuly.

Television

Media Companies Scrap Venu Sports Before It Ever Launches (theverge.com) 13

ESPN, Fox, and Warner Bros. Discovery announced today that it will not launch the Venu live sports streaming service. "After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the streaming service," the companies said in a joint statement. "In an ever-changing marketplace, we determined that it was best to meet the evolving demands of sports fans by focusing on existing products and distribution channels. We are proud of the work that has been done on Venu to date and grateful to the Venu staff, whom we will support through this transition period." The Verge reports: ESPN, Fox, and Warner Bros. Discovery first announced Venu last year, and it was supposed to launch in the fall of 2024. The service would've given viewers access to a swath of live games from the NFL, NBA, NHL, NCAA, and more from several linear channels, including ESPN, ABC, Fox, Fox Sports 1, Fox Sports 2, TNT, and others.

But then Venu hit a legal roadblock: an antitrust lawsuit from the live TV streaming service Fubo, accusing the trio of engaging in "a years-long campaign to block Fubo's innovative sports-first streaming business" due to restrictive sports licensing agreements. Lawmakers also asked regulators to investigate Venu and its potential to become a monopoly in televised sports.

Businesses

JPMorgan Chase Requires All Workers To Return To Office Five Days a Week (theguardian.com) 66

An anonymous reader quotes a report from The Guardian: JPMorgan Chase is summoning all staff back to the office, becoming the latest corporate giant to call time on era of remote and hybrid working sparked by the Covid-19 pandemic. The US's largest bank, which has some 316,000 employees worldwide, announced on Friday that all workers on hybrid work schedules will be required to return to the office five days a week from March. [...] Few top executives have been more vocal in making the case for working from the office than Jamie Dimon, the veteran CEO of JPMorgan, who -- as early as 2021 -- sought to restore pre-pandemic working habits. "And everyone is going to be happy with it," he told a Wall Street Journal event that year. "And yes, the commute -- you know, people don't like commuting. But so what?"

Even before Friday's announcement, more than half of employees at JPMorgan had already been required to work from the office full-time. In an internal memo to staff, seen by the Guardian, Dimon and other executives acknowledged that "some of you prefer a hybrid schedule" and said they "respectfully understand that not everyone will agree with this decision." "We are now a few years out of the pandemic and have had the time to evaluate the benefits and challenges of remote and hybrid working," they wrote. "We feel that now is the right time to solidify our full-time in-office approach. "We think it is the best way to run the company. As we've discussed before, the benefits of working together in person are substantial and irreplaceable, and as we spend more time together, the more advantages we gain."

Japan

Japan EV Sales Plummet 33% in 2024, First Decline in Four Years (nikkei.com) 113

Sales of electric vehicles in Japan fell 33% year-on-year to 59,736 cars in 2024, the first decline in four years, according to data from car dealers and importers compiled by Nikkei on Thursday. From the report: EVs' share of all vehicle sales fell below 2% in Japan, the lowest among major advanced economies. While global EV sales are still growing, albeit more slowly, Japan's reluctance to adopt EVs is becoming increasingly apparent.
Businesses

Wall Street Job Losses May Top 200,000 As AI Replaces Roles (yahoo.com) 39

An anonymous reader quotes a report from Bloomberg: Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches on tasks currently carried out by human workers, according to Bloomberg Intelligence. Chief information and technology officers surveyed for BI indicated that on average they expect a net 3% of their workforce to be cut, according to a report published Thursday. Back office, middle office and operations are likely to be most at risk, according to Tomasz Noetzel, the BI senior analyst who wrote the report. Customer services could see changes as bots manage client functions, while know-your-customer duties would also be vulnerable. "Any jobs involving routine, repetitive tasks are at risk," he said. "But AI will not eliminate them fully, rather it will lead to workforce transformation."

Nearly a quarter of the 93 respondents predict a steeper decline of between 5% and 10% of total headcount. The peer group covered by BI includes Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc. The findings point to far-reaching changes in the industry, feeding through to improved earnings. In 2027, banks could see pretax profits 12% to 17% higher than they would otherwise have been -- adding as much as $180 billion to their combined bottom line -- as AI powers an increase in productivity, according to BI. Eight in ten respondents expect generative AI to increase productivity and revenue generation by at least 5% in the next three to five years.
Results from a recent World Economic Forum survey also predicted a reduction in the workforce due to AI. According to the survey, 41% of employers intend to downsize their workforce as AI automates certain tasks.

Unlike the survey results from 2023, this year's report did not say that most technology, including AI, were expected to be a "net positive" for job numbers.
AI

41% of Companies Worldwide Plan To Reduce Workforces By 2030 Due To AI (cnn.com) 61

AI is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday. From a report: Out of hundreds of large companies surveyed around the world, 77% also said they were planning to reskill and upskill their existing workers between 2025-2030 to better work alongside AI, according to findings published in the WEF's Future of Jobs Report. But, unlike the previous, 2023 edition, this year's report did not say that most technologies, including AI, were expected to be "a net positive" for job numbers.

"Advances in AI and renewable energy are reshaping the (labor) market -- driving an increase in demand for many technology or specialist roles while driving a decline for others, such as graphic designers," the WEF said in a press release ahead of its annual meeting in Davos later this month. Writing in the wide-ranging report, Saadia Zahidi, the forum's managing director, highlighted the role of generative AI in reshaping industries and tasks across all sectors. The technology can create original text, images and other content in response to prompts from users.

Businesses

L&T Chief Pushes For 90-Hour Work Week as India's Tech Bosses Intensify Labor Demands (indianexpress.com) 134

Engineering and construction group Larsen & Toubro Chairman S.N. Subrahmanyan has urged employees in India to work 90 hours weekly, including Sundays, surpassing Infosys founder N.R. Narayana Murthy's recent 70-hour workweek proposal.

"What do you do sitting at home? Go to the office and start working," Subrahmanyan said in a leaked internal video. He cited a conversation about Chinese workers' 90-hour weeks versus Americans' 50 hours to justify the stance.
Businesses

Microsoft Cutting More Jobs as New Year Begins (theregister.com) 53

Microsoft kicks off the new year with more job cuts, as fewer than 1% of employees reportedly face the axe. From a report: As first reported by Business Insider, Microsoft is trimming its workforce again, including roles in its security division, with the cuts targeting underperforming employees. A Microsoft spokesperson confirmed the layoffs with BI but declined to specify how many staffers are affected, stating, "At Microsoft, we focus on high-performance talent."

"We are always working on helping people learn and grow. When people are not performing, we take the appropriate action," the spokesperson told The Register.

Communications

Italy Plans $1.6 Billion SpaceX Telecom Security Deal (yahoo.com) 27

An anonymous reader quotes a report from Bloomberg: Italy is in advanced talks with Elon Musk's SpaceX for a deal to provide secure telecommunications for the nation's government -- the largest such project in Europe, people with knowledge of the matter said Sunday. Discussions are ongoing, and a final agreement on the five-year contract hasn't been reached, said the people, who asked not to be identified citing confidential discussions. The project has already been approved by Italy's Intelligence Services as well as Italy's Defense Ministry, they said. Italy on Monday confirmed discussions are ongoing, saying no deal had yet been reached. "The talks with SpaceX are part of normal government business," the government said.

The negotiations, which had stalled until recently, appeared to move forward after Italian Prime Minister Giorgia Meloni visited President-elect Donald Trump in Florida on Saturday. The Italian government said the two didn't discuss the issue during their meeting. Italian officials have been negotiating on a $1.6 billion deal aimed at supplying Italy with a full range of top-level encryption for telephone and Internet services used by the government, the people said. The plan also includes communications services for the Italian military in the Mediterranean area as well as the rollout of so-called direct-to-cell satellite services in Italy for use in emergencies like terror attacks or natural disasters, they said. The possible deal has been under review since mid-2023. It's been opposed by some Italian officials concerned about how the services may detract from local carriers.

Youtube

Delta Inks Exclusive Pact With YouTube For In-Flight Viewing (variety.com) 57

Delta Air Lines has partnered with YouTube to provide ad-free YouTube Premium and YouTube Music to SkyMiles members on flights. "The deal includes a selection of curated content from key YouTube creators," notes Variety. The airline also said it would upgrade its fleet with better Wi-Fi and 4K HDR QLED displays, alongside AI-driven enhancements like a personal assistant on the Fly Delta app to improve travel experiences. From the report: Delta executives announced the YouTube deal and other flight-experience enhancements to its Delta Sync platform as the aviation giant gave an expansive presentation Tuesday evening at the Sphere in Las Vegas, in connection with the Consumer Electronics Show. Delta touted plans to mark the company's 100th anniversary this year, noting that it is the first airline to reach the centennial mark.

It's also no surprise that Delta is leaning hard into AI tech. The company hopes its Delta Concierge AI-powered personal assistant feature that is rolling out this year on its Fly Delta app will make strides in improving the overall customer experience. The goal is that with repeated use the Concierge tool will come to anticipate individual consumers' needs and help them streamline the logistics of travel -- or what Delta dubbed "contextualized guidance" on everything from departure gates to baggage claim details to alerting travelers to weather conditions at their destinations. [...]

Mary Ellen Coe, chief business officer of YouTube, emphasized that the ad-free YouTube offering will allow viewers to access streaming content as well as podcasts and music. She also asserted that consumers are increasingly gathering travel tips and inspiration through YouTube creators. "Creators are producing the must-see TV of today," Coe said.

AT&T

AT&T Promises Bill Credits For Future Outages (arstechnica.com) 19

An anonymous reader quotes a report from Ars Technica: AT&T, following last year's embarrassing botched update that kicked every device off its wireless network and blocked over 92 million phone calls, is now promising full-day bill credits to mobile customers for future outages that last at least 60 minutes and meet certain other criteria. A similar promise is being made to fiber customers for unplanned outages lasting at least 20 minutes, but only if the customer uses an AT&T-provided gateway. The "AT&T Guarantee" announced today has caveats that can make it possible for a disruption to not be covered. AT&T says the promised mobile bill credits are "for wireless downtime lasting 60 minutes or more caused by a single incident impacting 10 or more towers."

The full-day bill credits do not include a prorated amount for the taxes and fees imposed on a monthly bill. The "bill credit will be calculated using the daily rate customer is charged for wireless service only (excludes taxes, fees, device payments, and any add-on services," AT&T said. If an outage lasts more than 24 hours, a customer will receive another full-day bill credit for each additional day. If only nine or fewer AT&T towers aren't functioning, a customer won't get a credit even if they lose service for an hour. The guarantee kicks in when a "minimum 10 towers [are] out for 60 or more minutes resulting from a single incident," and the customer "was connected to an impacted tower at the time the outage occurs," and "loses service for at least 60 consecutive minutes as a result of the outage."

The guarantee "excludes events beyond the control of AT&T, including but not limited to, natural disasters, weather-related events, or outages caused by third parties." AT&T says it will determine "in its sole discretion" whether the disruption is "a qualifying" network outage. "Consumers will automatically receive a bill credit equaling a full day of service and we'll reach out to our small business customers with options to help make it right," AT&T said. When there's an outage, AT&T said it will "notify you via e-mail or SMS to inform you that you've been impacted. Once the interruption has been resolved, we'll contact you with details about your bill credit." If AT&T fails to provide the promised credit for any reason, customers will have to call AT&T or visit an AT&T store.

To qualify for the similar fiber-outage promise, "customers must use AT&T-provided gateways," the firm said. There are other caveats that can prevent a home Internet customer from getting a bill credit. AT&T said the fiber-outage promise "excludes events beyond the control of AT&T, including but not limited to, natural disasters, weather-related events, loss of service due to downed or cut cable wires at a customer residence, issues with wiring inside customer residence, and power outages at customer premises. Also excludes outages resulting from planned maintenance." AT&T notes that some residential fiber customers in multi-dwelling units "have an account with AT&T but are not billed by AT&T for Internet service." In the case of outages, these customers would not get bill credits but would be given the option to redeem a reward card that's valued at $5 or more.

Businesses

Samsung is Rolling Out a Smartphone Subscription Next Month (theverge.com) 30

An anonymous reader shares a report: It looks like Samsung is finally ready to roll out a paid subscription for its AI-powered smartphones, but it might not look like what we were expecting.

According to ETNews, Samsung Electronics vice chair Han Jong-hee has confirmed that the company's AI Subscription Club, which launched last December for some of Samsung's home appliances in South Korea, will soon roll out to both Galaxy phones and the upcoming Ballie AI robot.

"We will apply the subscription service to Galaxy smartphones starting next month," he says. "Ballie will be introduced first in Korea and the US, and we plan to supply it as a subscription in Korea."

Earth

Six Big US Banks Quit Net Zero Alliance (theguardian.com) 155

An anonymous reader shares a report: The six biggest banks in the US have all quit the global banking industry's net zero target-setting group, with the imminent inauguration of Donald Trump as president expected to bring political backlash against climate action.

JP Morgan is the latest to withdraw from the UN-sponsored net zero banking alliance (NZBA), following Citigroup, Bank of America, Morgan Stanley, Wells Fargo and Goldman Sachs. All six have left since the start of December. Analysts have said the withdrawals are an attempt to head off "anti-woke" attacks from rightwing US politicians, which are expected to escalate when Trump is sworn in as the country's 47th president in just under a fortnight. Trump's vows to deregulate the energy sector, dismantle environmental rules and "drill, baby, drill," were a big part of his campaign platform and are expected to form a key part of his blueprint for governing the US, the world's biggest oil and gas producer.

China

Akamai To Quit Its CDN in China (theregister.com) 23

An anonymous reader shares a report: Akamai has decided to end its content delivery network services in China, but not because it's finding it hard to do business in the Middle Kingdom. News of Akamai's decision to end CDN services in China emerged in a letter it recently published and sent to customers and partners that opens by reminding them the company has a "commitment to providing world-class delivery and security solutions" -- and must therefore inform them that "Effective June 30, 2026, all China CDN services will reach their decommission date."

Customers are offered a choice: do nothing and then be moved to an Akamai CDN located outside China, or use similar services from Chinese companies Tencent Cloud and Wangsu Science & Technology.

Cellphones

Review Roundup: OnePlus 13 29

The OnePlus 13 launched in the North American market today, making it the first flagship smartphone of 2025. As the smartphone market continues to consolidate, it has become increasingly difficult for non-Samsung, Google, and Apple devices to gain significant traction in the competitive U.S. market. Nevertheless, OnePlus has continually released premium flagship-tier devices at relatively modest price points, hoping to pry users away from the Big Tech monoliths.

The OnePlus 13 features Qualcomm's latest Snapdragon 8 Elite chipset, up to 16GB of RAM, a 6.82" QHD+ OLED display, a triple Hasselblad-branded camera system, a massive 6,000mAh battery, and support for 5G networks across all major carriers in the U.S. and Canada. A full list of specifications can be found here.

Based on the early reviews, the OnePlus 13 appears to set the bar high with not a lot of faults to highlight among reviewers. Here are some of our favorite reviews published today:

OnePlus 13 review: finally, a flagship that can hang (The Verge)
OnePlus 13 review: I'm dumbfounded, I can't find anything wrong with this phone (TechRadar)
OnePlus 13 Review: Ship Shape? (Michael Fisher)
OnePlus 13 Review: The Bar Has Been Set! (Marques Brownlee)
The OnePlus 13 is finally a OnePlus flagship I trust to do it all (Android Authority)
OnePlus 13 Review: 2025's First Flagship Finds Success (Forbes)
OnePlus 13 review: The complete package (BGR)
The OnePlus 13 sets a new bar for smartphone performance (Business Insider)

This is not a Slashvertisement. We just like shiny, new tech.
Businesses

Getty Images and Shutterstock Agree To Merge (axios.com) 18

Getty Images and Shutterstock have agreed to combine in a deal that creates a $3.7 billion visual content company. From a report: The deal underscores the soaring demand for images and related content from content creators and platforms. Getty CEO Craig Peters will remain chief executive of the combined business, which will trade under the GETY ticker symbol.
China

US Adds Tencent, CATL To List of Chinese Firms Aiding Beijing's Military (reuters.com) 29

An anonymous reader quotes a report from Reuters: The U.S. Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military. The list also included chip maker Changxin Memory Technologies, Quectel Wireless and drone maker Autel Robotics, according to a document published on Monday. The annually updated list (PDF) of Chinese military companies, formally mandated under U.S. law as the "Section 1260H list," designated 134 companies, according to a notice posted to the Federal Register.

U.S.-traded shares of Tencent, which is also the parent of Chinese instant messaging app WeChat, fell 8% in over-the-counter trading. Tencent said in a statement that its inclusion on the list was "clearly a mistake." It added: "We are not a military company or supplier. Unlike sanctions or export controls, this listing has no impact on our business." CATL called the designation a mistake, saying it "is not engaged in any military related activities." A Quectel spokesperson said the company "does not work with the military in any country and will ask the Pentagon to reconsider its designation, which clearly has been made in error."

While the designation does not involve immediate bans, it can be a blow to the reputations of affected companies and represents a stark warning to U.S. entities and firms about the risks of conducting business with them. It could also add pressure on the Treasury Department to sanction the companies. Two previously listed companies, drone maker DJI and Lidar-maker Hesai Technologies, both sued the Pentagon last year over their previous designations, but remain on the updated list. The Pentagon also removed six companies it said no longer met the requirements for the designation, including AI firm Beijing Megvii Technology, China Railway Construction Corporation Limited, China State Construction Group Co and China Telecommunications Corporation.

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