Techmeme
January 31, 2022, 3:25 PM

Top News

Brendan Sinclair / GamesIndustry.biz:
Sony Interactive Entertainment announces it is buying Bungie, which makes Destiny and other games, for $3.6B; Bungie will become an independent subsidiary  —  Destiny studio will remain multiplatform, able “to self-publish and reach players wherever they choose to play”
Connie Loizos / TechCrunch:
Ryan Breslow, co-founder of one-click checkout startup Bolt, steps down as CEO and becomes executive chairman, after his tweets bashing YC and Stripe went viral  —  Ryan Breslow, who founded the “one-click” checkout tech company Bolt as a Stanford student and dropped out of college to build it …
Sam Byford / The Verge:
Joe Rogan posts a video to Instagram defending booking contentious guests, apologizes to Spotify for the backlash, and says he may book more “experts”  —  'I'm very sorry that this is happening to them.'  —  Joe Rogan has issued a response to the ongoing controversy …
Daniel Ek / Spotify:
More: Spotify, Wall Street Journal, TheStreet, The Verge, CNN, CNBC, BBC, New York Times, Glenn Greenwald, Yahoo Entertainment, Quartz, JOMO, VICE, TechCrunch, The Guardian, RAIN News, Protocol, Light Reading, Digital Threat Digest, Mindless Drivel, Engadget, KnowTechie, Washington Post, The Grapevine, Fortune, TechCabal, Insider, Bastonate per Posta, Los Angeles Times, iMore, Gizmodo, BGR India, Bloomberg, Digital gefesselt, Webb Chatham Report, and Reuters
New York Times:
Current and former Meta employees say the company's metaverse moves have caused disruption and uncertainty, as some feel funneled towards AR and VR initiatives  —  Shifting a 68,000-person social networking company toward the theoretical metaverse has caused internal disruption and uncertainty.
Frank Chaparro / The Block:
Crypto exchange FTX raises a $400M Series C from SoftBank, Paradigm, Tiger Global, and others at a $32B valuation, up from $25B in October 2021  —  The frothy venture capital market continues to buoy the empire of billionaire trader and entrepreneur Sam Bankman-Fried.
Kim Lyons / The Verge:
Meta rolls out updated 3D avatars across Facebook, Messenger, and Instagram Stories in the US, Canada, and Mexico  —  It's a step toward the company's concept of the metaverse  —  Facebook parent company Meta is introducing 3D avatars to Instagram Stories and direct messages and updating …
Yogita Khatri / The Block:
Phantom, a Solana wallet similar to Ethereum's MetaMask, raises a $109M Series B at a $1.2B valuation, debuts an iOS app, and promises Ethereum support in 2022  —  Quick Take  — Phantom has raised $109 million in Series B funding and is now a unicorn.  — The Solana wallet is looking …
Bloomberg:
Gay dating app Grindr disappears from Apple's App Store in China as well as Tencent's and Huawei's Android app stores  —  Grindr, a popular gay dating app, has been removed from Apple Inc.'s App Store in China, days after Beijing vowed to renew its campaign to police online content.
Reuters:
Citrix Systems says Elliott Management and Vista Equity have agreed to acquire and take the company private for $16.5B  —  Hedge fund Elliott Management and investment firm Vista Equity Partners have agreed to buy Citrix Systems (CTXS.O) in a deal valued at $16.5 billion, the cloud computing company said on Monday.

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More News

Jeff John Roberts / Decrypt:
Gethin Chamberlain / The Guardian:

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