Welcome to the Tech Mem Right Home for Wednesday, February 1st.

2023, I'm Brian McCullough today.

You think things are bad in your corner of the tech sector, wait until I tell you about

the memory chip industry.

Open AI releases a tool to let you check if something was created.

Using Open AI, Netflix might be going a tad overboard on this password sharing crackdown, Meta wins round one against the FTC

and the interesting new app from the founders of Instagram.

Here's what you missed today in the world of tech.

This will seem a weird one to start with, but go with me for a second.

Memory Chip Maker SK Phoenix reported around a 11.4 billion Q4 operating loss, its biggest quarterly operating

loss ever, and a 38% year-over-year drop in revenue. 38% drop in revenue in one quarter is significant.

Quoting Bloomberg.

Slammed by a more than 50% slide in memory chip prices

from a recent peak. the Apple supplier said Wednesday it is slashing

output cap-X and costs as it awaits a recovery in the second half of the year.

The world's number two D-RAM maker reported a deeper than expected operating loss of 1.7 trillion

1 or 1.4 billion dollars for the three months ended in December on a 38 percent drop in revenue.

Despite rivals Micron Technology and Kyocia

Holdings also cutting output sector wide inventory levels will keep growing

hitting a peak in the first quarter before gradually falling towards the bottom half of the year,

executive said. Phoenix's larger rival Samsung Electronics had earlier dashed hopes for a large

pullback in 2023 supply by saying it would keep Capex at

...