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☆ Amazon will cut hundreds of jobs, including at game streaming firm Twitch
▼ + stars: | 2024-01-10 | by ( Clare Duffy | Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Amazon on Wednesday cut hundreds of jobs across two different business units: streaming platform Twitch and its film and television studios division. Amazon is cutting “several hundred” roles across Prime Video and Amazon MGM Studios, according to an internal note shared with CNN. In addition, video game streaming company Twitch, which is owned by the tech giant, said Wednesday it is laying off 500 workers as part of ongoing cost-cutting efforts. Wednesday’s announcement comes after Twitch laid off 400 workers in March of last year as part of broader cuts at parent company Amazon. The layoffs point to ongoing challenges at Twitch, although Amazon does not break out specific results for the unit.

Persons: Mike Hopkins, “, ”, Hopkins, Dan Clancy, Twitch, we’ve, ” Clancy, Clancy, Dataminr Organizations: New, New York CNN, Amazon, Amazon MGM Studios, CNN, MGM, Amazon Prime, Bloomberg, Google, Spotify Locations: New York

“As Secretary Mayorkas has said, the attack on the U.S. Capitol on January 6, 2021, was a violent assault on our democracy,” the spokesperson said. In a statement to CNN, the FBI said it worked with law enforcement agencies to share information before and during the Capitol attack. And yet it seemed as if our intelligence agencies completely dropped the ball,” Sen. Gary Peters, a Michigan Democrat who chairs the committee, told reporters on Monday while previewing the report’s findings. Over 1,000 people have been charged in connection with the January 6 Capitol attack, nearly a third of whom have been charged with assaulting police that day, according to the Justice Department. These findings undercut a key criticism from Republicans who, in seeking to whitewash the Capitol attack, have often claimed law enforcement targeted conservatives in their open-source searches surrounding the insurrection.

Persons: ”, Donald Trump “, Trump, Trump’s, ’, “, Mayorkas, ” Sen, Gary Peters, Biden, Jan, Peters, ” Peters, “ We’re, Jack Smith, Jennifer Moore, “ yep Organizations: CNN, Capitol, FBI, Department of Homeland Security, Senate Homeland Security, DHS, of Intelligence, Trump, “, DC, U.S, Michigan Democrat, Justice Department, Senate, Republican, Washington Field Office

☆ Investors shut out of traditional funding rounds are scouring secondary markets to snap up shares in buzzy AI startups like Dataminr, Hugging Face, and Anthropic
▼ + stars: | 2023-06-12 | by ( Leena Rao | Ben Bergman | ) www.businessinsider.com time to read: +4 min

As the AI craze continues, investors are eager to buy shares of these startups on secondary markets. AI startup shares have been the top in demand sector every month this year, according to EquityZen. It seems that every week there's a new hot AI startup that's raising a big round. ForgeGlobal, a marketplace for secondary transactions of startup shares, is seeing similar excitement from investors in AI startups. Sequoia, General Catalyst, Andreessen Horowitz and many others have been aggressively investing in AI startups.

Persons: Phil Haslett, Haslett, Avlok Kohli, Howe Ng, Ng, Catalyst, Andreessen Horowitz, Javier Avelos, OpenAI, Anthropic, Avelos Organizations: sixfold, SamBaNova Systems, Microsoft, Google Locations: secondaries, Sequoia, Caplight

☆ Twitter will start charging developers for API access as Elon Musk seeks to improve monetization
▼ + stars: | 2023-02-02 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

The microblogging site, which was taken over by Elon Musk last October, said that from Feb. 9 it would "no longer support free access to the Twitter API." Third-party services using the Twitter API will have to use its basic paid tier instead, the company said. APIs are software tools used by third-party developers to access data from applications and use it to make new services. The Twitter API is also used by the newsgathering service Dataminr to alert journalists to information that emerges on Twitter in real time. Under his rein, Twitter laid off roughly half of its global workforce and incorporated the verification badge into its paid Twitter Blue subscription product.

☆ Jan. 6 transcripts detail numerous warning signs of potential for violence before Capitol attack
▼ + stars: | 2022-12-30 | by ( Ryan J. Reilly | Ryan J. Reilly Is A Justice Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

WASHINGTON — Transcripts of interviews with law enforcement officials released this week by the Jan. 6 committee reveal the panel learned that numerous security concerns had been raised in the days leading up to the attack on the Capitol. For the most part, Jan. 6 committee leaders decided against focusing the final report on how law enforcement came to be so underprepared for the attack. The Jan. 6 committee transcripts detailed the challenges facing the FBI in the lead-up to Jan. 6. An FBI intelligence analyst raised concerns about that on New Year's Eve, as threats about Jan. 6 continued to increase. “He said it was intelligence failure," Harvin said.

☆ Ad giant IPG advises brands to pause Twitter spending after Musk takeover
▼ + stars: | 2022-11-01 | by ( Lora Kolodny | ) www.cnbc.com time to read: +3 min

The Twitter logo is seen on a mobile device in ths illustration photo in Warsaw, Poland on 30 October, 2022. Twitter is losing its most active users according to research done by Reuters. Advertising giant Interpublic Group has recommended that clients of its IPG Media Brands agencies suspend all paid advertising on Twitter for at least a week following Elon Musk's $44 billion acquisition of the social media network. Yoel Roth, head of safety at Twitter, has posted several threads to Twitter discussing how the company is combating this. Finchem called upon Musk personally for help in a tweet, and Musk said in a reply on Twitter that he was "looking into" the matter.

☆ What to expect from Netflix's new subscription with ads
▼ + stars: | 2022-10-14 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

After months of talking about it, Netflix has finally released more details about its newest subscription tier, "Basic with Ads." I've got the deets you'll want to know about Netflix's new plan, so let's get into it. At $6.99 per month, the subscription is $3 less than Netflix's basic ad-free plan — but it will also come with more restrictions. Here's what we know about the plan, "Basic with Ads," available starting next month:If you subscribe to the ad plan, Netflix says you can expect four to five minutes of ads per hour. Basic with Ads will become available in Canada on November 1, and in the US and UK on November 3.

☆ Twitter 'official partner' Dataminr, which police used to monitor Black Lives Matter protests, will soon get a surveillance contract for the White House
▼ + stars: | 2022-10-12 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +4 min

Dataminr has a contract for surveilling social media and providing news alerts for the White House. Dataminr is in Twitter's official partner program, which gives it more access to Twitter data. Dataminr, one of Twitter's official partners, will soon get a new social-media-surveillance contract for the White House, according to a newly published government document. A contract justification document mentions that Dataminr would be used on a "Watch Floor," which refers to the watch floor of the White House Situation Room, Dataminr said. The DISA contract is the latest contract in Dataminr's controversial history.

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