Techmeme
April 13, 2022, 11:55 AM

Top News

Stacy Elliott / Decrypt:
An anonymous crypto trader seems to have bought $400K of tokens that were later listed on Coinbase, before the list was public; the tokens are now worth $572K+  —  An Ethereum wallet went on a token shopping spree, focusing entirely on assets Coinbase later revealed it is considering listing.
Daniel Van Boom / CNET:
Meta's plan to take up to a 47.5% cut of each virtual transaction on Horizon Worlds draws criticism from NFT proponents; OpenSea takes a 2.5% cut  —  Meta, previously known as Facebook, is figuring out how to monetize the metaverse. … It's been nearly six months since the company formerly known …
Jonathan Greig / The Record:
Ukrainian officials say they stopped an attack on an energy facility with help from ESET and Microsoft, and identified a new variant of the Industroyer malware  —  Ukrainian officials said they stopped an attack on an energy facility with the help of researchers from ESET and Microsoft.
Alex Heath / The Verge:
Sources: Meta plans two AR glasses for 2024, one codenamed Nazare, independent from phones with holograms to interact, and another cheap set codenamed Hypernova  —  Mark Zuckerberg has a grandiose vision for the metaverse, and he hopes that you'll one day see the same thing, too …
Cheyenne Ligon / CoinDesk:
Former Ethereum developer Virgil Griffith is sentenced to 5+ years in prison and fined $100K for helping North Koreans use cryptocurrencies to evade sanctions  —  Griffith previously pleaded guilty to one count of conspiracy to violate international sanctions for giving a talk at a crypto conference in Pyongyang in 2019.
Rebecca Jennings / Vox:
A look at the burgeoning cottage industry devoted to teaching children and teens about Web3, including Crypto Kids Camp, which operates a $500 weeklong camp  —  Today's parents must ask the age-old question: When's the right time to teach my 5-year-old about NFTs?
Kurt Wagner / Bloomberg:
A look at Jack Dorsey's life after Twitter, as 30+ people who have worked with him say his “favorite child” is promoting bitcoin, not working at Block  —  As he walked onstage at the Bitcoin 2021 conference in Miami, Jack Dorsey was still technically the chief executive officer …
JD Shadel / Them:
Will Oremus / Washington Post:
Research details the impact of TikTok's decision to block outside content from appearing to Russian users while allowing state propaganda  —  Last month, as many tech companies sided with Ukraine over Russia's invasion, TikTok appeared to follow suit by suspending new video uploads and live streams from Russia.
Bob Van Voris / Bloomberg:
Elon Musk is facing a proposed shareholder class action that alleges Musk's delayed SEC filings disclosing his stake kept Twitter's share price artificially low  —  Elon Musk was sued by a Twitter Inc. shareholder who claims the Tesla Inc. CEO's delay in disclosing his ownership of more than 5% …
Lesley Goldberg / The Hollywood Reporter:
Amazon will rebrand IMDb TV as Freevee starting April 27 and plans to grow its slate of originals by 70% in 2022  —  The ad-supported streamer, home to ‘Alex Rider’ and a growing slate of original series and movies, will change its name starting April 27.  —  Amazon-backed IMDb TV is being rebranded.
Elizabeth Lopatto / The Verge:
MoonPay, which lets users buy crypto and NFTs with credit cards, announces Justin Bieber, Gwyneth Paltrow, and other celebs invested $86.7M at a $3.4B valuation  —  First, they bought NFTs with MoonPay — then they bought MoonPay  —  MoonPay, the company that lets consumers pay for digital assets …
Charlie Osborne / ZDNet:
Giles Turner / Bloomberg:
Google says it will invest $9.5B across 2022 to build US offices and data centers, with plans to create 12,000 jobs, up from the $7B announced in 2021  —  Google said it will invest $9.5 billion in offices and data centers in the U.S. over 2022., putting money behind its bid to get more workers back in its buildings.
Alex Sherman / CNBC:
Sources: two weeks after the launch of CNN+, the premium streaming service has garnered under 10K DAUs, amid reports that CNN has spent ~$300M on the effort  —  - Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, sources said.
Ben Thompson / Stratechery:
OpenAI's DALL-E 2 and other AI models' ability to generate new content at zero marginal cost has major implications for the metaverse, social networks, and more  —  Last week OpenAI released DALL-E 2, which produces (or edits) images based on textual prompts; this Twitter thread from @BecomingCritter …
David Hundeyin / West Africa Weekly:
An investigation into Nigerian payments startup Flutterwave, valued at $3B, alleges employee stock option fraud, sexual harassment, and workplace bullying  —  On the night of Sunday March 20, 2022, a particular WhatsApp group wouldn't stop buzzing.  —  Word had got out that a big story …
Jack Gillum / Bloomberg:
A group of cybersecurity companies specializing in securing US critical infrastructure form a coalition to work with the government and adopt uniform standards  —  A group of cybersecurity companies that specialize in securing critical infrastructure said Tuesday they've formed a lobbying group …
Ingrid Lunden / TechCrunch:
Salsify, which helps e-commerce brands manage inventory, raises a $200M Series F led by TPG at a $2B valuation and says it has 1,200 customers  —  E-commerce is booming, but it's become increasingly apparent over the years that the businesses that are able to capitalize on that trend …

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More News

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