Sources: the SEC has told crypto firm Paxos it plans to sue the company, alleging the Binance USD token, which it issues and lists, is an unregistered security (Wall Street Journal) - TechnW3 Reviewed by TechNW3 on 16:41 Rating: 5

IDC: Pico, owned by ByteDance, gained ~15% of the global VR market share by Q3 2022, a 3x gain YoY; Meta's market share fell from 90% to ~75% in the same period (Wall Street Journal) - TechnW3 Reviewed by TechNW3 on 15:41 Rating: 5

How a slowing digital ad market, Apple's ATT changes, tech companies' internal turmoil, weak content moderation, and more are contributing to a junk ad epidemic (Tiffany Hsu/New York Times) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

Sources and memo: Zappos laid off over 300 employees in January, or ~20% of its workforce, including in customer service, as part of broader layoffs at Amazon (Kirsten Grind/Wall Street Journal) - TechnW3 Reviewed by TechNW3 on 18:41 Rating: 5

Opera says it is testing a new ChatGPT-powered "shorten" feature in its browser that provides bulleted summaries of articles or webpages in the sidebar (Emma Roth/The Verge) - TechnW3 Reviewed by TechNW3 on 17:41 Rating: 5

Sources: TikTok's Internal Audit team that spied on journalists had wide investigative powers with little oversight; ByteDance says it's restructuring the team (Louise Matsakis/Semafor) - TechnW3 Reviewed by TechNW3 on 16:41 Rating: 5

Some local legislators and residents in Northern Virginia, home to ~275 data centers with dozens more planned, complain of land use, cooling fan noise, and more (Antonio Olivo/Washington Post) - TechnW3 Reviewed by TechNW3 on 14:41 Rating: 5

Pathmatics estimates the monthly revenue from Twitter's top 1,000 advertisers fell 60%+ from around $127M in October 2022 to just over $48M by January 25, 2023 (Clare Duffy/CNN) - TechnW3 Reviewed by TechNW3 on 13:41 Rating: 5

An advertising joint venture by Deutsche Telekom, Orange, Telefonica, and Vodafone to rival Meta and Google wins unconditional EU antitrust approval (Charlotte Van Campenhout/Reuters) - TechnW3 Reviewed by TechNW3 on 11:41 Rating: 5

The City of Oakland confirms reports of a ransomware attack on its networks but says 911, financial data, and fire and emergency resources were not impacted (Jonathan Greig/The Record) - TechnW3 Reviewed by TechNW3 on 23:41 Rating: 5