Techmeme
January 18, 2022, 3:50 PM

Top News

Microsoft:
Microsoft plans to acquire Activision Blizzard for $68.7B in cash, or $95/share, in FY 2023; Activision's stock, which closed last week at $65.39, jumps 25%+  —  Legendary games, immersive interactive entertainment and publishing expertise accelerate growth in Microsoft's Gaming business across mobile, PC, console and cloud.
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Tom Warren / The Verge:
Microsoft says Xbox Game Pass has 25M subscribers, up from 18M in January 2021  —  Microsoft's all-you-can-eat catalog of games is getting bigger, and now it's adding Activision Blizzard  —  Microsoft's Xbox Game Pass service now has 25 million subscribers.
Andrew Asmakov / Decrypt:
Crypto.com halted withdrawals on Monday and required users to sign back in and reset 2FA; research shows it lost 4,600+ ETH, worth ~$15M, in a presumed hack  —  The crypto exchange has reportedly lost at least $15 million in Ethereum, and security experts believe the true losses could be much higher.
Stephen Graves / Decrypt:
Jeffrey Knockel / The Citizen Lab:
China's MY2022 Olympics app, mandatory for attendees to report travel and health data, has serious encryption flaws and contains a censorship keyword list  —  Key Findings  — MY2022, an app mandated for use by all attendees of the 2022 Olympic Games in Beijing, has a simple but devastating flaw …
Canalys:
Apple shipped an estimated 22% of global smartphones in Q4 2021, down from 23% in Q4 2020, followed by Samsung at 20%, Xiaomi at 12%, Oppo at 9%, and Vivo at 8%  —  Shanghai (China), Bengaluru (India), Singapore, Reading (UK) and Portland (US) - Tuesday, 18 January 2022
Joanna Ossinger / Bloomberg:
Animoca Brands, which publishes NFTs and games tied to blockchain platforms, raises $359M led by Liberty City at a $5B valuation, up from $2.2B in October 2021  —  Soros Fund Management and the Winklevoss twins' venture capital firm are among investors in a funding round that's more than doubled …
Tomer Ganon / CTech:
Source: Israeli police used NSO's Pegasus to monitor citizens, mayors, political protesters, and former government employees without warrants or court oversight  —  Mayors, leaders of political protests against former Prime Minister Benjamin Netanyahu, and former governmental employees …
Hannah Murphy / Financial Times:
Analysis: Meta has filed dozens of patents to monetize its metaverse, including a virtual store with sponsored items, eye and face tracking in headsets, more  —  Meta hopes to use tiny human expressions to create virtual world of personalised ads  —  Pupil movements, body poses and nose scrunching …
Lucy Harley-Mckeown / The Block:
Cho Mu-Hyun / ZDNet:
Samsung unveils its 4nm Exynos 2200 SoC with an Xclipse GPU using AMD's RDNA 2 architecture, offering hardware-accelerated ray tracing and variable rate shading  —  The processor packs Samsung's own Xclipse GPU based on AMD RDNA 2 architecture that the South Korean company says will offer …
Alexandra Alper / Reuters:
Sources: the US government is reviewing Alibaba's cloud business to determine potential national security risks, with a focus on how it stores US clients' data  —  The Biden administration is reviewing e-commerce giant Alibaba's cloud business to determine whether it poses a risk to U.S. national security …
Lauren Feiner / CNBC:
The FTC and DOJ seek public comment on how to rewrite “the antitrust laws regarding mergers”, signaling a potentially tougher stance toward Big Tech deals  —  - The Federal Trade Commission and Department of Justice Antitrust Division kicked off a process to rewrite merger guidelines for businesses on Tuesday.
Ben Thompson / Stratechery:
As Intel pushes ahead with its IDM 2.0 strategy, a look at the motivations behind its TSMC partnership that is giving its competitor better scale and economics  —  Intel's earnings are not until next Wednesday, but whatever it is that CEO Pat Gelsinger plans to discuss …
Omkar Godbole / CoinDesk:
Binance conducted its first Binance Coin (BNB) auto-burn last quarter, removing over 1.6M BNB tokens, worth $750M, from circulation  —  Cryptocurrency exchange Binance implemented its first-ever binance token (BNB) auto-burn program last quarter, removing over 1.6 million BNB tokens worth $750 million from circulation.
Source: Binance BlogMore: The Block and CoinGapeTweets: @cz_binance
Ashley Rodriguez / Insider:
Social Capital founder and CEO Chamath Palihapitiya says the “ugly truth” is “nobody cares about what's happening” to Uyghurs in China, himself included  —  - Chamath Palihapitiya said “nobody cares about what's happening” to Uyghur Muslims in China.
Ingrid Lunden / TechCrunch:
Appcues, which offers analytics and no-code tools for user onboarding, raises a $32.1M Series B led by NewSpring and says it has ~1,500 customers including Lyft  —  User onboarding has been a longstanding and persistent challenge in the world of apps.  Developers grapple with design …

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