Techmeme
November 16, 2021, 8:55 AM

Top News

Mitchell Clark / The Verge:
Twitter makes its v2 API, announced in August 2020, the default for developers, giving third-party apps more freedom as it aims to become more decentralized  —  Twitter's new API is finally official, which could mean good things for third-party clients  —  Twitter has announced …
Anna Nicolaou / Financial Times:
Substack says it has reached 1M paying subscribers, up from 250,000 last December  —  Many top journalists have left legacy media to go it alone on publishing platform  —  Newsletter start-up Substack has reached 1m paying subscribers, underlining the growing power of à la carte journalism …
Packy McCormick / Not Boring:
A look at ConstitutionDAO, which has taken $4M+ in crypto donations to bid at an auction on one of the original copies of the US Constitution, printed in 1787  —  ConstitutionDAO, web3, and America … Today's Not Boring is brought to you by... Secureframe … Schedule a Secureframe Demo
Ryan Broderick / Garbage Day:
While Twitter users mock NFTs and Web3 believers retaliate, a16z, Meta, and others are investing in the crypto industry to remake the internet in their image  —  Read to the end for a really good supercut  —  Who Will Win The Web3 Culture War?  —  On Friday, I wrote about how furries …
Rob Pegoraro / PCMag:
Pew: 42% of US users read Twitter primarily for entertainment, 20% for news; one-third of users visit Twitter less than once a week, 66% visit at least weekly  —  More tweeps read Twitter primarily for entertainment, but among the 69% who report getting news on Twitter …
Meghan Bobrowsky / Wall Street Journal:
Ohio AG sues Meta on behalf of an Ohio pension fund and Meta investors, alleging Facebook execs misled the public about its products' negative impact on minors  —  Lawsuit filed on behalf of Meta investors and Ohio Public Employees Retirement System seeks to recover more than $100 billion
Suhauna Hussain / Los Angeles Times:
Amazon agrees to pay $500K to California for concealing COVID-19 case numbers from its workers, the first such action under the state's new “right to know” law  —  Amazon has agreed to pay $500,000 to better enforce state consumer protection laws after California's attorney general …
Hartley Charlton / MacRumors:
Apple defends its ads for third-party apps, saying they are marked as from the App Store, have been live for five years, and it regularly communicates with devs  —  Following allegations that Apple secretively buys ads for subscription-based apps to collect more commission …
Bloomberg:
UK supermarket Sainsbury's becomes the first known customer for Amazon's Just Walk Out tech outside the US, starting with a London store opening November 29  —  - Sainsbury is first ‘Just Walk Out’ customer outside the U.S.  — Grocery expected to open Nov. 29 with shop-and-go technology
Fred Wilson / AVC:
Seed rounds at $100M post-money valuations, now fairly common, are unlikely to perform well for investors, given dilution and early startups' high failure rate  —  We have been seeing quite a few seed rounds getting done in and around $100mm post-money and that concerns me for a few reasons:
Dan Goodin / Ars Technica:
Researchers say they used a new Rowhammer exploit to successfully flip bits on all 40 PC-DDR4 DRAM devices they tested, defeating recent hardware mitigations  —  Researchers build “fuzzer” that supercharges potentially serious bitflipping exploits.  —  Rowhammer exploits that allow unprivileged attackers …
Sam Shead / CNBC:
UK refers Nvidia's planned Arm acquisition to the CMA for a full investigation, carried out over 24 weeks, citing antitrust and national security concerns  —  - Digital and Culture Secretary Nadine Dorries ordered a “phase 2” probe into Nvidia's $40 billion bid for Arm on Tuesday.
Ingrid Lunden / TechCrunch:
Conductor, which offers marketing tools for SEO and more, raises $150M led by Bregal Sagemount at a $525M post-money valuation  —  Conductor — a marketing technology company that was snapped up by WeWork at the height of the latter company's expansion ambitions, only then to buy itself …
Makena Kelly / The Verge:
Biden signs $1T+ infrastructure bill into law, with $65B to boost broadband access, $475M in grants to help low-income Americans acquire computing devices, more  —  It includes billions in EV and broadband infrastructure  —  On Monday, President Biden signed a historic $1 trillion infrastructure bill aimed …

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Martin Matishak / The Record:

Earlier Picks

Wall Street Journal:
Tom Warren / The Verge:
Sam White / British GQ:
Miles Kruppa / Financial Times:
Jon Porter / The Verge: