Techmeme
March 25, 2022, 2:30 PM

Top News

Samuel Stolton / Politico:
EU lawmakers provisionally agree on the DMA, which mandates messaging service interoperability, limits bundling services, prohibits self-preferencing, and more  —  The European Union today adopted landmark rules clamping down on anti-competitive abuses by the world's largest technology platforms …
More: European Parliament, The Verge, The Verge, TechCrunch, The Verge, Politico, New York Times, Reuters, ZDNet, European Council, European Commission, BBC, Protocol, 9to5Mac, 9to5Mac, Gizmodo, CNN, Silicon Republic, Tech Monitor, Euractiv, Big Technology, CNBC, New York Times, Associated Press, Reuters, Computerworld, Android Police, Input, Chamber of Progress, Thurrott, iPhone in Canada Blog, MobileSyrup, MarTech, AppleInsider, The Mac Observer, CCIA, Wall Street Journal, Android Central, Macworld, Variety, TechRadar, The Register, Light Reading, TechCircle, iMore, CoinDesk, Phandroid, XDA Developers, Wccftech, Apple Must, The Diff, KD's Newsletter, European Parliament, Transistori, Axios, Protocol, SiliconANGLE, Engadget, France 24, Social Media Today, The Hill, Reuters, AppleInsider, and The Register
Javier Espinoza / Financial Times:
Apple and Google criticize the newly unveiled Digital Markets Act that will force companies designated as gatekeepers to open up their platforms to competitors  —  Apple and Google criticise newly unveiled Digital Markets Act that will force a radical overhaul of their global operations
Daniel Michaels / Wall Street Journal:
The EU and US reach a preliminary deal to store data about Europeans on US soil, after the EU declared the previous pact illegal in 2020  —  Agreement could assuage concerns of companies with operations on both sides of the Atlantic  —  BRUSSELS—The U.S. and the European Union reached …
Russell Brandom / The Verge:
New York Times:
The DOJ charges four Russian officials for alleged hacking campaigns from 2012 to 2018 on critical US infrastructure, including a Kansas nuclear power plant  —  The announcement covered hackings from 2012 to 2018, but served as yet another warning from the Biden administration of Russia's ability to conduct such operations.
Bloomberg:
Instacart says it has voluntarily cut its valuation to ~$24B to boost recruiting and retention; Instacart was valued at $39B during its latest raise last March  —  Instacart Inc. is slashing its valuation by almost 40% to about $24 billion, a move it says will help the company attract talent and adapt to market conditions.
David Gilbert / VICE:
A look at Lantern, a company backed by the US' Open Technology Fund that has spent the last two years building a peer-to-peer network to bypass Russian censors  —  Backed with funding from the U.S. government's Open Technology Fund, Lantern has spent two years building a peer-to-peer network inside Russia.
Kellen Browning / New York Times:
Netflix acquires Boss Fight Entertainment, a mobile game developer with 130 employees, its third studio purchase since sharing its gaming ambitions last summer  —  The acquisition is the company's third since it announced plans to move into video games last summer.
Juro Osawa / The Information:
Sources: Sequoia China, whose portfolio includes ByteDance and online fashion startup Shein, is in early talks to raise $8B+ across four new funds  —  The Chinese affiliate of Sequoia Capital, whose vast portfolio includes TikTok owner ByteDance and online fashion startup Shein …
Adi Robertson / The Verge:
The DOJ arrests and charges two men with wire fraud and money laundering over an alleged $1.1M NFT rug pull scheme for their collection of 8,888 “Frosties”  —  They'd already announced a follow-up series  —  US government prosecutors have charged two men with fraud and money laundering …

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