Techmeme
January 14, 2021, 10:35 AM

Top News

Elizabeth Dwoskin / Washington Post:
Jack Dorsey says Trump ban was the right decision for Twitter but reflects a “failure” to promote healthy conversation and sets a dangerous precedent  —  Twitter CEO Jack Dorsey explained in a tweetstorm that the company faced an ‘extraordinary and untenable circumstance’
Sara Fischer / Axios:
Snapchat says it will permanently ban Trump's account on January 20 in the interest of public safety and based on repeated violations of Snapchat's guidelines  —  Snapchat will permanently ban President Trump's account on Jan. 20, Axios has learned, after locking it indefinitely last week following the Capitol siege.
Chaim Gartenberg / The Verge:
Samsung unveils $799 Galaxy S21, $999 Galaxy S21 Plus, and $1,199 Galaxy S21 Ultra, available to preorder on January 14 and launching on January 29  —  Samsung's latest flagships are here: the Galaxy S21, Galaxy S21 Plus, and the Galaxy S21 Ultra.  The first two — which start at $799 and $999 …
Rick Osterloh / The Keyword:
Google completes Fitbit acquisition, vows to protect users' privacy, says “deal has always been about devices, not data”  —  Google has completed its acquisition of Fitbit.  Together, we can make health and wellness more accessible to more people.
Elizabeth Dwoskin / Washington Post:
Sandberg deflected blame for Capitol riot, but fliers and hashtags promoting the pro-Trump rally circulated on Facebook and Instagram weeks beforehand  —  Fliers and hashtags promoting the pro-Trump rally circulated on Facebook and Instagram in the days and weeks beforehand
New York Times:
Review of public posts of dozens of Facebook users sharing extreme right-wing views shows how Facebook rewards their lies and helped incubate the insurrection  —  Right-wing influencers embraced extremist views and Facebook rewarded them.  —  Mr. Thompson is a writer and editor in Opinion.
Wall Street Journal:
Internal docs: in hours ahead of Capitol riot, user reports of violent content on Facebook jumped 10x, and false news surged to ~40K reports/hour, 4x daily peak  —  Following surge in reports of violent content ahead of Capitol attack, executives took their most aggressive steps yet to rein in the president and his supporters
Elizabeth Culliford / Reuters:
In an interview, Parler CEO John Matze says he is not sure whether the social network will ever return after being cut off by service providers  —  (Reuters) - Social media platform Parler, which has gone dark after being cut off by major service providers that accused the app of failing …
Jessica Bursztynsky / CNBC:
Airbnb says it is canceling and blocking reservations made for the week of Biden's inauguration in the Washington, DC metro area  —  - Airbnb is canceling and blocking future reservations in the Washington, D.C., metro area during the week of President-elect Joe Biden's inauguration, the company said Wednesday.
The Guardian:
Audio and chat logs of walkie-talkie app Zello reveal some Capitol rioters communicated via the app; Zello says it has now deleted 2K+ militia-related channels  —  Audio and chat logs show insurrectionists communicated via the app, which has avoided proactive content moderation
Gené Teare / Crunchbase News:
Global VC report 2020: overall funding rose 4% YoY to ~$300B, despite a slow Q1, with ~$13.6B seed, $88.4B early-stage, and $198.4B late-stage and growth  —  Startups closed out 2020 in a much stronger position than the one they started the year in, with global venture funding up 4 percent year over year to $300 billion.
Jeff John Roberts / Fortune:
Crypto startup Anchorage says it has received a federal bank charter, making it easier for big banks to use Anchorage to offer cryptocurrencies to customers  —  A startup called Anchorage announced on Wednesday that it has become the first cryptocurrency company to receive a federal charter …
John Callaham / Android Authority:
Asus announces Chromebook Flip CX9 for enterprises, with Titan C security, and CX5 for students, both equipped with Intel 11th-gen Core i7 and Iris Xe graphics  —  - Asus announced new Chromebook Flip models today as part of CES 2021.  — The Chromebook Flip CX5 Chromebook is targeting students …
Reuters:
PayPal has become the first foreign operator with 100% control of a payment platform in China, after buying the remaining 30% stake in GoPay on December 31  —  SHANGHAI (Reuters) - PayPal Holding Inc has become the first foreign operator with 100% control of a payment platform in China …
Ingrid Lunden / TechCrunch:
Xentral, which develops enterprise resource planning software for online SMBs, raises $20M Series A led by Sequoia Capital  —  Small enterprises remain one of the most underserved segments of the business market, but the growth of cloud-based services — easier to buy, easier to provision — has helped that change in recent years.
Bloomberg:
Sources: Poshmark is pricing its IPO at $42 per share, raising $277M, up from its $35-$39 price initially noted in an earlier filing  —  - Online marketplace is raising $277 million in share sale  — Poshmark IPO follows trading debut by consumer lender Affirm
More: TechCrunch
Paul Sawers / VentureBeat:
Sana Labs, which uses AI to personalize training courses for professionals, raises $18M Series A led by EQT Ventures  —  Sana Labs, a startup that's using machine learning to personalize training courses for professionals, has raised $18 million in a series A round of funding led by EQT Ventures.
More: FinSMEs

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Earlier Picks

Benjamin Powers / CoinDesk:
Ben Thompson / Stratechery:
Jessica Bursztynsky / CNBC:
Stephen Nellis / Reuters:
Karissa Bell / Engadget:
Axios:
Nick Statt / The Verge: