Techmeme
January 26, 2022, 6:45 AM

Top News

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:
Microsoft Q2: revenue of $51.7B, up 20% YoY, net income of $18.8B, up 21% YoY, Windows OEM revenue up 25%, LinkedIn revenue up 37%, and Surface revenue up 8%  —  Earnings Release FY22 Q2 - REDMOND, Wash. — January 25, 2022 — Microsoft Corp. today announced the following results …
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 …
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 …
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.
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 …
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.”
Bloomberg:
The US Commerce Department says the global chip shortage will stretch into at least H2 2022, based on information from 150+ companies in the chip supply chain  —  The Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this year …
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.
Elizabeth Culliford / Reuters:
Twitter: governments made 43,387 content removal demands from a record 196,878 accounts in H1 2021; 95% came from Japan, Russia, Turkey, India, and South Korea  —  Twitter said governments around the world made requests to remove content from a record number of user accounts between January …
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.
More: FinSMEs and EU-Startups
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.
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.
Olga Kharif / Bloomberg:
DappRadar: the ~150 active DeFi-related apps hold ~$107B in user funds, down $30B from the start of 2022, as the overall crypto market sags  —  The recent meltdown in the digital-asset world has been especially hard on DeFi or decentralized finance, the embryonic sector that had surged …
More: CoinGape
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.
More: Tech.eu and PhocusWire

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
App spotlight: Devart ODBC for Zoho CRM  —  An efficient CRM tool helps sales teams maintain strong customer relationships.  However, for a business to leverage a CRM fully, it needs to be connected with other databases to ensure a smooth two-way data flow.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
How to Cultivate Everyday Dharma, Suneel Gupta (#54)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 04/25 - Zuck Is Disappointing Wall Street Again
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:45 AM ET, January 26, 2022.

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.

More News

Earlier Picks

Sapna Maheshwari / New York Times:
Aaron Gordon / VICE:
Todd Spangler / Variety:
Frederic Lardinois / TechCrunch: