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March 15, 2022, 2:25 PM
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Ian Allison / CoinDesk:
ConsenSys, which develops and invests in Ethereum projects, announces a $450M Series D led by ParaFi Capital at a $7B valuation and says MetaMask has 30M+ MAUs  —  The hefty Series D more than doubles the firm's previous valuation from November 2021.  —  Ethereum application …
Ian King / Bloomberg:
Internal memo: Arm to cut up to 1,000 jobs, or 15% of its workforce in the UK and the US, before its IPO; a source says most of the cuts won't affect engineers  —  Arm Ltd., the SoftBank Group Corp. unit preparing for an initial public offering, will cut as much as 15% of its workforce …
Chaim Gartenberg / The Verge:
AMD plans to release the Ryzen 7 5800X3D, the “world's fastest gaming processor”, on April 20 for $449, marking the debut of the company's 3D-stacking V-Cache  —  Along with a new slate of more affordable processors coming April 4th  —  AMD's latest desktop processor …
Kate Kaye / Protocol:
The FTC, which has long struggled to combat deceptive data practices, is increasingly forcing companies to delete algorithmic systems built with ill-gotten data  —  The Federal Trade Commission has struggled over the years to find ways to combat deceptive digital data practices using its limited set of enforcement options.
Chaim Gartenberg / The Verge:
Intel plans to invest €33B+ in Europe, including a €17B “leading-edge semiconductor fab mega-site” in Germany and a €12B expansion of its existing Ireland fab  —  Along with a €12 billion investment to expand its existing fab in Ireland
Sean Hollister / The Verge:
Google details Stadia plans, including letting developers offer trials, port Unreal Engine and Unity games more easily, and white label cloud gaming services  —  Less friction, more white-labeling  —  Google's Stadia cloud gaming service didn't stick the landing, and it's been a rough ride since.
TechCrunch:
Aptos, a Layer 1 blockchain built by ex-Meta employees who worked on Diem, raises $200M at a $1B+ valuation led by a16z  —  Facebook's audacious attempt at creating a crypto payments network met an unceremonious end earlier this year when Silvergate Capital acquired the Diem technology assets for $182 million.
Mia Sato / The Verge:
Several Patreon creators say Vimeo is asking them to pay for custom plans costing thousands of dollars a year, as Vimeo shifts focus to large corporate clients  —  Popular Patreon creators are being hit with unexpected Vimeo price hikes as Vimeo shifts corporate strategy
Bloomberg:
Analysis: TV shows make up ~75% of Netflix's top 10 lists, the average hit fades after two weeks or less, and Asian hits overlap the least with other markets  —  Nobody in Hollywood knows for sure what works on Netflix.  —  The company releases statistics like “26 million people watched this show in the first 28 days.”
Manish Singh / TechCrunch:
Pakistan-based Bazaar, which operates a B2B marketplace for merchants and helps them digitize their bookkeeping, raises a $70M Series B  —  Dragoneer Investment and Tiger Global are backing Bazaar, a startup that is attempting to digitize Pakistan's retail with e-commerce …
Tom Warren / The Verge:
Microsoft says a Windows 11 File Explorer ad “was not intended to be published externally and was turned off” after a Microsoft MVP found it in the latest build  —  We may still see File Explorer ads in the future  —  Microsoft appears to be testing a new type of ad inside File Explorer on Windows 11.
Kyle Wiggers / VentureBeat:
RightBound, which automates customer insights and outreach for sales representatives, raises a $15.5M Series A extension, for a total Series A of $27M  —  AI and automation have the potential to transform the sales industry.  A 2020 Harvard Business Review report found that AI could create …
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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:25 PM ET, March 15, 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.

From Mediagazer

Todd Spangler / Variety:
On a staff call, Bari Weiss defends firing Scott Pelley, saying the foundation of “trust and mutual respect” was broken after Pelley's outburst on Monday

Washington Post:
Two Stars and Stripes advisory board members sue the US Defense Department, saying new restrictions on the paper violate the First Amendment and federal law

Bloomberg:
Bill Ackman's Pershing Square plans to sell its stake in Universal Music Group, days after the Amsterdam-listed group rejected his takeover bid

More News

Aodhan O Faolain / TheJournal.ie:
The Irish Council for Civil Liberties sues Ireland's DPC for delaying investigating a 2018 complaint over Google and IAB Europe's real time bidding ad systems
Michael Kan / PCMag:
Microsoft brings its DirectStorage API from Xbox to Windows to improve game load times and graphics details, after announcing the feature in September 2020

Earlier Picks

Jon Fingas / Engadget:
Israel's National Cyber Directorate says the country has recovered from a DDoS attack on a communications provider that took down government websites on Monday
Tim Cocks / Reuters:
South Africa's Competition Commission accuses Meta of anticompetitive practices for plans to exclude the government's communication tools from WhatsApp's API
Filipe Espósito / 9to5Mac:
After complaints, Twitter reverts its latest iOS update, removing the Latest Tweets tab and restoring the Home tab and the default chronological tweets option
Sandali Handagama / CoinDesk:
An EU Parliament committee rejects a provision for its Markets in Crypto Assets framework that would have effectively banned proof-of-work cryptocurrencies
Sami Fathi / MacRumors:
Report details Apple's early ATT debates, with Craig Federighi pushing for user privacy changes while Eddy Cue and Phil Schiller argued for more cautious action
Hollywood Reporter:
Discovery's CFO says HBO Max and Discovery+ will be bundled early in the Discovery and WarnerMedia merger and will eventually be combined into one service
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