Techmeme
January 7, 2022, 5:15 PM

Top News

Ben Horowitz / Andreessen Horowitz:
Andreessen Horowitz raises $9B across three funds: a $1.5B Bio fund, a $5B Growth fund, and a $2.5B Venture fund  —  I am excited to announce that Andreessen Horowitz just raised a fresh $9B to invest via our Venture, Growth, and Bio Funds.  We are grateful to our Limited Partners …
Jiyoung Sohn / Wall Street Journal:
Samsung expects Q4 operating profit of $11.4B, up 52% YoY, on revenue of $63B, up ~24%, thanks to demand for memory chips and its contract chip-making business  —  South Korean company benefits from continued strength of the semiconductor business  —  SEOUL— Samsung Electronics Co …
Sarah E. Needleman / Wall Street Journal:
Sources: GameStop has hired more than 20 people to run a new division developing an NFT marketplace and establishing cryptocurrency partnerships  —  The retailer is launching a division dedicated to the buzzy new technologies amid a push to turn a profit  —  GameStop Corp. is launching …
Abner Li / 9to5Google:
Following the US ITC's ruling in favor of Sonos, Google changes Assistant device setup and Speaker Groups, which now require adjusting speakers individually  —  Following the US ITC ruling in favor of Sonos, Google this afternoon announced a series of changes to how Speaker Groups and its Assistant devices work.
Daisuke Wakabayashi / New York Times:
Kenrick Cai / Forbes:
Labelbox, which offers data annotation and labeling software, raises a $110M Series D led by SoftBank Vision Fund 2; CEO says Labelbox is “basically a unicorn”  —  With funding for data startups in a frenzy, data annotation company Labelbox found itself fielding offers …
Filipe Espósito / 9to5Mac:
Twitter says it is testing “Quote Tweet with reaction”, an option to let iOS users retweet and attach a video reaction  —  Twitter on Thursday launched a new feature in its iOS app for a small group of users.  With this option, it's now possible to retweet someone's post and add your own video reaction using your camera.
Ionut Ilascu / BleepingComputer:
Online appointment scheduling service FlexBooker discloses a breach that saw info stolen from 3.7M+ accounts, including partial credit card info, on December 23  —  Accounts of more than three million users of the U.S.-based FlexBooker appointment scheduling service have been stolen in an attack …
Ry Crist / CNET:
Amazon debuts Sidewalk Bridge Pro by Ring for farms, factories, and other nonresidential settings, capable of sending and receiving device data up to five miles  —  A new, dedicated Sidewalk bridge will bring farms, factories and other nonresidential zones online with Amazon's long-range, low-power IoT network.
Patrick McGee / Financial Times:
How Tim Cook's supply chain expertise and diplomacy helped him grow Apple's annual revenues from $108B in 2011 to $365B in 2021, with profits up 3.7x to $95B  —  Two years after the death of Steve Jobs, Oracle CEO Larry Ellison claimed it was inevitable Apple would struggle under Tim Cook.

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Earlier Picks

Igor Bonifacic / Engadget:
Brandy Betz / CoinDesk:
Jay Peters / The Verge:
MacKenzie Sigalos / CNBC:
Dean Takahashi / VentureBeat:
Sarah Perez / TechCrunch:
Henry Updegrave / Chainalysis: