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February 5, 2021, 11:55 AM
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Top News

Catalin Cimpanu / ZDNet:
Google has patched an actively exploited zero-day vulnerability in its Chrome 88 update  —  Google Chrome 88.0.4324.150 released with a fix.  Users advised to update.  —  Google has released today version 88.0.4324.150 of the Chrome browser for Windows, Mac, and Linux.
Megan Graham / CNBC:
Snap says Apple's changes to IDFA will interrupt demand; Unity says IDFA changes will affect how mobile game developers “optimize lifetime customer value”  —  - Snap and Unity Software, which reported fourth quarter earnings after the bell Thursday, both warned of the upcoming impact …
Harvard Business Review:
Facebook's claims about the size of losses small businesses will suffer due to iOS 14 privacy changes don't hold up under scrutiny and are likely exaggerated  —  by - Bart de Langhe and - Stefano Puntoni  —  Summary.  —  Apple will soon require consumers to opt in if they want to allow businesses …
Ben Thompson / Stratechery:
Q&A with mobile marketing analyst Eric Seufert on the Facebook-Apple conflict, Apple's real motives for iOS privacy changes, and potential harm to businesses
Ben Gilbert / Insider:
Mark Zuckerberg made a surprise appearance on Clubhouse on Thursday, discussing VR, AR, Facebook's Reality Labs group, and remote work  —  - Facebook CEO Mark Zuckerberg appeared on a Clubhouse talk show on Thursday evening.  — Zuckerberg appeared on The Good Times Show, a talk show on the buzzy new social networking app.
Ashwin Manikandan / The Economic Times:
PayPal says it will wind down its domestic payment operations in India by April 1 and focus on its existing cross-border trade business  —  Mumbai: PayPal Inc. will wind down its payment operations in India this year, a spokesperson said on the condition of anonymity.
Bloomberg:
Shares of Kuaishou jumped 161% in its Hong Kong debut, valuing the company at $159B, after the main rival of ByteDance in China raised $5.4B in an IPO  —  - Tencent-backed short-video startup raised $5.4 billion in IPO  — Debut performance is second best globally after Alibaba.com
Michelle Chan / Nikkei Asia:
Users in mainland China are flocking to Clubhouse, a rare space outside the country's firewall where they can speak freely with people from Hong Kong and Taiwan  —  Audio-based social-media platform becomes free-speech haven for mainland users  —  The Clubhouse app had two million users globally as of Jan. 24.
Jacob Kastrenakes / The Verge:
Snap says Spotlight had 100M MAUs in January, two months after its launch, with the feature receiving an average of 175K video submissions per day  —  A surprisingly successful debut  —  Snap says its TikTok competitor, Spotlight, had 100 million users in January 2021, just two months after it launched.
Salvador Rodriguez / CNBC:
Snap beats with Q4 revenue of $911M, up 62% YoY, vs $857.4M est., DAUs were up 22% YoY to 265M; stock down 7%+ after hours on weak Q1 forecast
Cherlynn Low / Engadget:
Google says Pixel users will be able to use their phone cameras to measure pulse and breath rates through the Google Fit app, starting next month  —  Like many of us, Google is getting more interested in our health.  The company is announcing today new features that will allow …
Josh Eidelson / Bloomberg:
In a NLRB filing, the Alphabet Workers Union accuses Google vendor Adecco of violating US labor law by forbidding contract workers from discussing their pay  —  - New labor group accuses Google vendor of violating labor law  — Worker says Facebook post got her suspended by contractor
Abner Li / 9to5Google:
Google starts rolling out Google News Showcase in Australia, paying local and regional publishers, amid an ongoing dispute over Australia's proposed media rules  —  Google has a $1 billion plan to pay publishers for content that appears in a cross-service “News Showcase” product.
Alex Kantrowitz / Big Technology:
Apptopia: since Trump was banned from Twitter, daily use of Twitter has remained remarkably consistent  —  Trump's presence on Twitter had no impact on how much people used it, contrary to the popular narrative. … For as long as Donald Trump was president, there was a common misconception that Twitter's fate was tied to his.
Kyle Bradshaw / 9to5Google:
Google delists the popular Chrome extension The Great Suspender for containing malware and is disabling the extension for those who installed it  —  This afternoon, Google has delisted the popular extension The Great Suspender for containing malware and is proactively disabling the extension for those who have it.
Chris Metinko / Crunchbase News:
Metalenz, a Boston-based Harvard spinout developing meta-optic lens chips, raises $10M Series A from 3M Ventures, Intel Capital, and others  —  Metalenz, a developer of meta-optic technologies for new lenses, has secured a $10 million Series A as the company looks to exit stealth …
Chris Stokel-Walker / WIRED UK:
TikTok's launch on Android TVs in France, Germany, and the UK yesterday is part of its push to diversify its audience and bring its stars into the mainstream  —  The app's arrival on smart TVs is part of a plan to diversify its audience - and bring its stars further into the mainstream

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This is a Techmeme archive page. It shows how the site appeared at 11:55 AM ET, February 5, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Variety:
Sources: the legal team for Paramount President Jeff Shell has engaged in preliminary talks about a possible exit from the company, where he was hired in 2024

Katie Deighton / Wall Street Journal:
WME is selling sports marketing agency 160over90 to Publicis Groupe for, sources say, $500M+; WME bought the agency in 2018 for about $200M

Erik Wemple / New York Times:
Judges have now cited verbal attacks on the press by Trump and appointees when ruling against the US government in at least three cases involving news outlets

More News

Felix Salmon / Axios:
Wikimedia Foundation announces CEO Katherine Maher will step down as of April 15, says its annual budget doubled to estimated $140M in 2021 under her leadership
Hamish McKenzie / Substack Blog:
Substack co-founder says Facebook and Twitter getting into paid newsletters is a positive thing for writers and the media ecosystem, implores them to go all in

Earlier Picks

Dean Takahashi / VentureBeat:
Activision Blizzard reports Q4 net revenue of $2.41B, up 21% YoY, driven by a record year for Call of Duty, which had full year premium unit sales up 40% YoY
Brian Krebs / Krebs on Security:
Facebook, Instagram, TikTok, and Twitter took coordinated action to take down top members of account hijacking forum OGUsers and seized hundreds of accounts
Lauren Kaori Gurley / VICE:
Amazon is quietly transitioning its US warehouse workers to 10-hour graveyard shifts; labor experts say the move is to cut costs and pay for fewer benefits
Kristen V Brown / Bloomberg:
23andMe to go public through a merger with VG Acquisition Corp., a SPAC founded by Richard Branson, at a valuation of $3.5B
Ryan Tracy / Wall Street Journal:
Incoming head of Senate antitrust subcommittee Amy Klobuchar introduces an antitrust bill that would raise the bar for tech acquisitions
Manish Singh / TechCrunch:
Myanmar's new military government has ordered local telecoms to block Facebook and its family of apps within the country until February 7
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