Techmeme
February 17, 2022, 12:20 PM

Top News

Helen Coster / Reuters:
Sources: Trump's Truth Social app has opened to around 500 beta testers, one year after Trump was banned from major social networks  —  Details about former U.S. President Donald Trump's new social media app are trickling out as about 500 beta testers have begun using an early version of “Truth Social,” two sources told Reuters.
Eric Benjamin Seufert / Mobile Dev Memo:
Lawrence Abrams / BleepingComputer:
Mozilla warns that Firefox and Chrome 100 versions may break some sites, including HBO Go and Yahoo, due to user-agent strings with three-digit version numbers  —  Mozilla is warning website developers that the upcoming Firefox 100 and Chrome 100 versions may break websites …
Susan Dominus / New York Times:
A look at tech recruitment issues as the US unemployment rate for tech workers is 1.7% and 0.2% for cybersecurity experts, well below 4% for the general economy  —  Recruiters in tech are desperate for workers.  But candidates are the ones who hold all the power.
Dan Primack / Axios:
Sequoia Capital to raise $500M to $600M for a fund focused on liquid crypto investments, along with a $900M-$950M Ecosystem Fund and $3.2B-$3.5B Expansion Fund  —  Sequoia Capital last fall disclosed plans to blow up the traditional VC model, saying it would form a single fund to hold …
Frank Chaparro / The Block:
USDC stablecoin developer Circle says its forthcoming SPAC deal now values the company at $9B, up from $4.5B when the deal was announced  —  Circle — the firm behind stablecoin USDC — announced on Thursday that it has scrapped its previous deal with special purpose acquisition company …
Bloomberg:
Amazon reaches an agreement to accept Visa cards globally and will no longer charge Visa users an extra fee in Singapore and Australia  —  Amazon.com Inc. has agreed to accept Visa Inc.'s cards across its global network, settling a feud that threatened to damage the financial giant's business and disrupt e-commerce payments.
Financial Times:
Memo: ISS tells clients that Apple investors should vote against Tim Cook's $99M pay and bonus package, citing “concern” over stock award Cook received in 2021  —  Institutional Shareholder Services expresses ‘concern’ at chief executive's stock award last year
Reuters:
A profile of Saudi activist Loujain al-Hathloul, who helped trigger scrutiny of NSO Group after Citizen Lab found Pegasus malware on her iPhone  —  A single activist helped turn the tide against NSO Group, one of the world's most sophisticated spyware companies now facing a cascade of legal action …
CoinDesk:
Canadian authorities have ordered regulated financial firms to cease transactions from 34 crypto wallets, worth over $870K, tied to funding the “Freedom Convoy”  —  Bitcoin, Ethereum, Litecoin, Monero and Cardano addresses are all on the list.  —  The Ontario Provincial Police …
Ashley Carman / The Verge:
Spotify is acquiring Chartable and Podsights, two podcast analytics companies that let podcasters and networks include tags in shows to track listeners  —  Chartable and Podsights are being bought  —  Spotify is making more podcast acquisitions.  The company announced today it's acquiring …
Joe Williams / Bloomberg:
Okta's CMO leaves the company, replaced by its CDO, following numerous executive departures, including its CFO, president of tech, and SVP of product management  —  Okta Inc. Chief Marketing Officer Kendall Collins has left the company after less than a year in the role …
Ryan Lawler / Axios:
Found, which offers full-stack financial services for freelancers and contract workers, raises a $60M Series B led by Founders Fund  —  Banking and corporate cards have become big business for startups and small businesses — with companies like Ramp, Brex, and Airbase all raising gobs of cash …
Tweets: @msquinn
Chris Strohm / Bloomberg:
DOJ establishes the National Cryptocurrency Enforcement Team to investigate illegal schemes run by criminals and countries like North Korea and Iran  —  The Justice Department named a veteran cybersecurity prosecutor to lead a new team dedicated to investigating and prosecuting illicit …
Phelim Kine / Politico:
Experts say automated transcription app Otter.ai and its competitors offer only lax security that could endanger sources  —  Otter.ai has saved reporters countless hours transcribing interviews.  Caveat emptor.  —  Mustafa Aksu is a wanted man.  —  Though he lives in Washington, D.C. …
Bloomberg:
India's 30% tax on crypto trading profits, effectively legitimizing the industry, has caused usage of Binance-owned WazirX, CoinSwitch, and others to surge  —  India's decision to impose a 30% tax on profits from cryptocurrency trading is turning out to be a boon for the country's digital-asset exchanges.
Tom Metcalf / Bloomberg:
Global financial watchdog FSB warns digital assets could soon threaten financial stability as they become more interconnected with the wider financial system  —  Global financial regulators said digital assets could soon threaten global financial stability due to their scale …

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Earlier Picks

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