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December 21, 2021, 3:45 PM
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Vlad Savov / Bloomberg:
Jack Dorsey's tweet stirs uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity”  —  Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey has taken …
Lucas Shaw / Bloomberg:
OnlyFans founder Tim Stokely steps down as CEO, naming head of communications and marketing Ami Gan as his replacement; Stokely will remain as an adviser  —  OnlyFans named spokesperson Ami Gan as its new chief executive officer, replacing Tim Stokely, who founded and built the media company …
Todd Spangler / Variety:
AT&T plans to sell its Xandr programmatic advertising marketplace to Microsoft; the deal would not include the ad sales business supporting DirecTV  —  Financial terms of the deal were not disclosed; the transaction is subject to customary closing conditions, including regulatory reviews.
New York Times:
Crypto and blockchain startups raised $28B+ in 2021, up 4x YoY, according to PitchBook, as large tech companies lose execs and engineers to crypto companies  —  Tech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportunity with crypto.
Isla McKetta / Speedtest Stories & Analysis:
A look at US satellite internet speeds, with Starlink median download/upload speeds of 87.3 Mbps and 13.5 Mbps, followed by HughesNet at 19.3 Mbps and 2.5 Mbps  —  Satellite internet is making headlines across the globe as Starlink continues to launch service in new countries and Viasat plans to acquire Inmarsat.
Stephanie Chan / Sensor Tower Blog:
In 2021, 906 developers are projected to pass $1M annual revenue for the first time on Apple's App Store and Google Play, vs. 475 in 2016 and 1,003 in 2020  —  As global consumer spending in mobile apps is projected to again reach new heights in 2021, Sensor Tower Store Intelligence data reveals …
Politico:
Sources detail Amazon's increasingly close relationship with the DOJ and FBI, as it tips off the agencies to investigate its employees and third-party sellers  —  Amazon has increasingly tipped off the Justice Department and FBI to investigate its own employees and the sellers using its platform …
Anish Athalye:
Researcher shows how ML models can create low-resolution images from PhotoDNA hashes, used to identify CSAM, despite Microsoft's claim they can't be reversed  —  Microsoft PhotoDNA creates a “unique digital signature” of an image which can be matched against a database containing signatures …
Andrew Hayward / Decrypt:
Render Network, a P2P network that offers remote rendering power for 3D visuals, raises $30M led by Multicoin Capital, bringing its total funding to $50M  —  In brief  — Render Network, a peer-to-peer service for providing 3D rendering power, has raised $30 million.
More: The Block

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:45 PM ET, December 21, 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

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

More News

Sahar Massachi / MIT Technology Review:
A framework for fixing social media: apply lessons from physical cities, prevent fake accounts, improve corporate behavior, and listen to integrity workers
Saritha Rai / Bloomberg:
Indian e-commerce startup Snapdeal files for an IPO seeking to raise $165M; Snapdeal focuses on India's non-English speaking, non-affluent, and non-urban people

Earlier Picks

Sergiu Gatlan / BleepingComputer:
T-Mobile says its Scam Shield service blocked 21B scam, spam, and unwanted robocalls in 2021, as scam call traffic hit an all-time high of 425M calls per week
Mike Butcher / TechCrunch:
Voi, a Stockholm-based startup offering e-scooter and e-bike rentals, raises a $115M Series D co-led by Raine Group and VNV Global and will prepare for an IPO
Catalin Cimpanu / The Record:
The US DOJ charges five Russian nationals with hacking two SEC Filing Agents between January 2018 and September 2020, and using the stolen info for stock trades
Catalin Cimpanu / The Record:
The UK's National Crime Agency shares 585M+ compromised passwords, found during an investigation, with Have I Been Pwned, after the FBI started sharing in May
Brian Sozzi / Yahoo Finance:
Rocket Companies, a consumer finance-focused holding company, will pay $1.275B in cash to acquire personal finance app Truebill, which has 2.5M members
Jessica Bursztynsky / CNBC:
Oracle will acquire electronic medical records company Cerner for $28.3B, or $95 per share, in an all-cash deal, its biggest acquisition yet
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