| Bloomberg: |
Sources: Meta-backed Diem Association is talking to investment bankers about selling its IP to return capital to investors and giving its engineers a new home — The controversial cryptocurrency project that Mark Zuckerberg once defended in front of Congress is unraveling after regulatory pressure.| Microsoft Investor Relations: |
| Todd Bishop / GeekWire: |
| Eric Martin / Bloomberg: |
The IMF's board urges El Salvador to strip Bitcoin of its status as legal currency due to its large risks, a major obstacle to the country's $1.3B loan request — The International Monetary Fund's board urged El Salvador to strip Bitcoin of its status as legal currency due to its large risks … | Jason Schreier / Bloomberg: |
Sources: Microsoft will keep Activision Blizzard agreements for three new Call of Duty games on PlayStation in the next two years, but long-term plans are hazy — Activision Blizzard Inc., which is being bought by Microsoft Corp., will release at least the next three games in its hit Call … | Ionut Ilascu / BleepingComputer: |
Researchers find a 12-year-old vulnerability in Polkit that local attackers can use to gain root privileges on all major Linux distributions; an exploit is out — A vulnerability in Polkit's pkexec component that is present in the default configuration of all major Linux distributions … | Jay Peters / The Verge: |
Ryan Wyatt, YouTube's gaming head who oversaw big deals to poach Twitch's star streamers, leaves to grow Ethereum scaling startup Polygon's developer ecosystem — Ryan Wyatt will be at YouTube until the end of February — Ryan Wyatt, YouTube's head of gaming who oversaw some of its big deals … | Shannon Liao / Washington Post: |
Activision Blizzard declines to voluntarily recognize a union formed by 34 QA testers at Raven Software, after failing to reach an agreement with the CWA — Activision Blizzard did not respond to workers' request for recognition of a union formed by quality assurance testers at Raven Software, the workers said Tuesday evening.| Frank Chaparro / The Block: |
Crypto exchange FTX's American affiliate, FTX.US, raises $400M at an $8B valuation from Paradigm, SoftBank, and others, its first outside funding — FTX's American affiliate, FTX.US, has joined the crypto unicorn club after closing its first-ever fundraising round.| Jason Koebler / VICE: |
President Biden backs consumers' right to repair and acknowledges the anticompetitive practices of electronics manufacturers — “Too many areas, if you own a product, from a smartphone to a tractor, you don't have the freedom to choose how or where to repair that item you purchased.”| Chance Miller / 9to5Mac: |
After reports of AirTags being used for stalking, Apple releases a Personal Safety User Guide, covering AirTags alerts, information for Android users, and more — Apple has launched a new “Personal Safety User Guide” that aggregates details and support documents that can help users “when your personal safety is at risk.”| Dave Lee / Financial Times: |
Sources: Amazon has abandoned its much-maligned campaign of paying warehouse employees to share positive messages on social media after embarrassing backfires — Paying warehouse workers to tweet positive comments is dropped after poor reach and embarrassing backfires| Ivan Lam / Counterpoint Research: |
Chinese smartphone sales fell 9% YoY in Q4 2021 as full-year sales dropped 2% YoY; Apple became China's top vendor in Q4 after six years with 23% marketshare — - Smartphone sales in China declined (9% YoY) for the third consecutive quarter in Q4 2021. — Full-year smartphone sales declined … | Ingrid Lunden / TechCrunch: |
UK-based quantum cryptography startup PQShield, spun out from Oxford's research labs, raises a $20M Series A led by Addition — Quantum computing promises to unlock a new wave of processing power for the most complex calculations, but that could prove to be just as harmful as it is helpful … | Cherlynn Low / Engadget: |
Samsung announces its Galaxy Unpacked “The Epic Standard” event will be held virtually on February 9 at 7am PT, where it's expected to unveil the Galaxy S22 — After its president TM Roh teased “the most noteworthy S series device we've ever created”, Samsung is announcing today when we can learn more.| Kim Zetter / The Verge: |
How hacker Joe Grand used a fault-injection attack to crack a Trezor One hardware wallet to recover $2M in cryptocurrency for two friends who forgot the PIN — In early 2018, Dan Reich and a friend decided to spend $50,000 in Bitcoin on a batch of Theta tokens, a new cryptocurrency then worth just 21 cents apiece.| Stephanie Bodoni / Bloomberg: |
EU General Court overturns a record €1.06B fine for Intel, levied in 2009 over allegedly squeezing out AMD, saying the EU made key errors — Intel Corp. won a historic victory in its court fight over a record 1.06 billion-euro ($1.2 billion) competition fine, in a landmark ruling … | Sarah Rappaport / Bloomberg: |
Live events service Fever raises $227M led by Goldman Sachs at a $1B+ valuation as it plans an IPO — Live events platform Fever raised $227 million in a funding round led by Goldman Sachs Group Inc., a sign that post-pandemic live events can attract investor interest.| Catherine Shu / TechCrunch: |
Manila-based GrowSari, which helps Filipino MSMEs to digitize, offer bill payments, launch e-commerce stores, and more, raises $45M from KKR — GrowSari, the Manila-based startup that helps small shops grow and digitize, announced today that KKR will lead its Series C round with a $45 million investment.| Financial Times: |
A look at the dispute between Muslim marriage matchmaking app Muzmatch, which has 5M global users, and Match, which says Muzmatch benefits from a similar name — Since launching Muzmatch out of his bedroom in north London a decade ago, Shahzad Younas has worked 18-hour days to build the Muslim marriage app with 5m users worldwide.| Aisha Malik / TechCrunch: |
Poland-based Infermedica, whose AI tools offer symptom analysis and patient triage, raises a $30M Series B led by One Peak, bringing its total funding to $45M — Infermedica, a Poland-founded digital health company that offers AI-powered solutions for symptom analysis and patient triage, has raised $30 million in Series B funding.| Tom Warren / The Verge: |
Microsoft plans to launch a public preview of Android apps for Windows 11, taskbar improvements, redesigned Notepad and Media Player, and more next month — New Notepad and Media Player apps also on the way — Microsoft is planning to launch a public preview of its Android apps for Windows 11 next month … | Ryan Browne / CNBC: |
Klarna launches its Visa-based Klarna Card in the UK, expanding on Sweden and Germany where it has 800,000 users; the card includes Klarna's “Pay in 30” feature — - Klarna is launching a physical card in the U.K. that lets users delay payments on their purchases, both in-store as well as online.| Nikkei Asia: |
Sources: China's state-backed chipmaking company Tsinghua Unigroup has abandoned memory projects in two cities as US sanctions limit access to vital components — TAIPEI/BEIJING — China's state-backed Tsinghua Unigroup has scrapped major memory chip projects in two cities as new investors push … | Chester Wisniewski / Sophos News: |
The immediate threat of attackers mass exploiting Log4Shell was averted because the severity of the bug galvanized digital and security communities into action — Sometimes, when a software crisis doesn't cause the kind of devastation everyone expects, it is because there may not have been a crisis in the first place.
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| Elizabeth Culliford / Reuters: |
| Sapna Maheshwari / New York Times: |
| Aaron Gordon / VICE: |
| Bloomberg: |
| Frederic Lardinois / TechCrunch: |