| Abram Brown / Forbes: |
ConstitutionDAO loses Sotheby's US Constitution auction to an undisclosed winner's $43.2M bid, after crowdfunding over $40M — This story has been updated to reflect the full price that the Constitution sold for after all auction fees. — A rare copy of the U.S. Constitution sold … | Jason Schreier / Bloomberg: |
In a staff email, Phil Spencer says he's evaluating Xbox's relationship with Activision Blizzard and will make adjustments; PlayStation head sent a similar note — Microsoft Corp.'s head of Xbox said he's “evaluating all aspects of our relationship with Activision Blizzard … | Mark Gurman / Bloomberg: |
Sources: Apple is accelerating the development of a fully autonomous electric car, after hitting a car processor milestone, with plans to debut it by 2025 — - Company looks to refocus project on self-driving capabilities — New car chief Kevin Lynch pushing for debut as early as 2025| Wall Street Journal: |
A bipartisan coalition of state AGs from CA, FL, KY, MA, NE, NJ, NY, TN, and VT is investigating how Instagram attracts and affects young people — Move raises pressure on parent company Meta Platforms, formerly called Facebook, over the potential harms to its users| Shannon Bond / NPR: |
Meta says it's looking at how users from marginalized communities experience its products and releases a paper on changes to how it uses US demographic data — The parent company of Facebook and Instagram is looking into whether its platforms treat users differently based on race … | The Information: |
Sources: Facebook is offering musicians and celebrities, via production companies, payments to host Live Audio Rooms; source says up to $50K per session — Facebook is offering to pay musicians and other celebrities tens of thousands of dollars to host sessions on its new live audio feature … | Kim Lyons / The Verge: |
Facebook says it is testing a feature that lets users adjust the level of News Feed content they see from specific friends, family, Groups, and Pages — It's been tweaking that News Feed algorithm for years — Facebook parent company Meta said it is testing new ways for users to customize the content they see in their News Feeds.| Will Evans / Wired: |
Sources and internal docs detail Amazon's careless handling of its retail customer data, including letting some low-level staff snoop on celebrity purchases — Voyeurs. Sabotaged accounts. Backdoor schemes. For years, the retail giant has handled your information less carefully than it handles your packages.| Mark Di Stefano / The Information: |
Memo: Tim Cook tells Apple employees they can work remotely for up to four weeks per year and sets a February 1 return to office goal — Apple will let employees work for up to four weeks remotely each year as the iPhone giant prepares for the company to gradually return to offices in 2022 … | Aoyon Ashraf / CoinDesk: |
Digital Currency Group raises $600M in a new credit facility led by Eldridge, two weeks after raising $700M in a secondary stock sale at a $10B+ valuation — The financing follows a recent $700 million secondary equity transaction that valued the company at $10 billion.| Michael del Castillo / Forbes: |
Winklevoss twins' cryptocurrency exchange Gemini raises $400M led by Morgan Creek Digital at a $7.1B valuation — After seven years of funding their Gemini cryptocurrency empire out of pocket, Tyler and Cameron Winklevoss are in the process of signing the last documents on their first round of capital … | Chaim Gartenberg / The Verge: |
MediaTek announces the Dimensity 9000 mobile chip, which uses TSMC's 4nm process and supports 5G without the faster mmWave standard, WiFi 6E, and Bluetooth 5.3 — MediaTek's new SoC is its most powerful yet — MediaTek has just announced its latest flagship processor: the Dimensity 9000 … | David McCabe / New York Times: |
Local US governments, including in Texas and Arizona, are offering chipmakers deals to build plants, seeking to capitalize on the semiconductor shortage — Many local governments see a silver lining in the shortage of semiconductor chips that has contributed to a slowdown in the global economy.| Dallas Morning News: |
| Manish Singh / TechCrunch: |
Flipkart acquires online pharmacy startup SastaSundar and launches a healthcare vertical called Flipkart Health+ — Walmart-backed Flipkart is acquiring online pharmacy startup SastaSundar to enter the healthcare segment in India as e-commerce battle intensifies in the world's second largest internet market.| Byron Tau / Wall Street Journal: |
In a letter to Sen. Wyden, data broker Mobilewalla says it was the source of some data used by the DHS, IRS, and US military for warrantless tracking of devices — Mobilewalla CEO writes to U.S. senator investigating location brokers: ‘Selling mobile device data for use by law enforcement agencies is not our business model’
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