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Techmeme
February 13, 2024, 4:30 AM
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Top News

Dan Mangan / CNBC:
US court notice: the sentencing of Binance CEO Changpeng Zhao for money laundering has been postponed until April 30, 2024; CZ is free on a $175M release bond  —  - The sentencing of former Binance CEO Changpeng Zhao on a money laundering rule charge has been postponed until April 30, a notice in Seattle federal court shows.
Sarah Perez / TechCrunch:
Meta begins testing “today's topics” on Threads in the US, surfaced in the app on the Search page and in the For You feed, that can feature political content  —  After acknowledging last week that Meta's X competitor Threads would not actively recommend political content …
John Archer / Forbes:
Amazon Prime Video's basic ad tier, which US subscribers who didn't pay extra were downgraded to on January 29, doesn't support Dolby Vision HDR or Dolby Atmos  —  Amazon AMZN caused a furor recently when it announced that it was introducing advertisements right across its Prime Video streaming service.
Rachel Phua / Bloomberg:
Temu bought six Super Bowl ad slots, likely for tens of millions, to win back US shoppers; US observed sales fell 12.5% MoM in December 2023 and 4.8% in January  —  - Observed sales and users fell month-on-month in Dec. and Jan.  — Chinese e-commerce app offers users $10 million in giveaways
Eleanor Olcott / Financial Times:
Sources: Temu is scooping up suppliers removed by Shein, as Shein moves to clean up its supply chain ahead of a planned US listing  —  PDD Holdings-owned marketplace gains manufacturers as fashion competitor prepares for planned IPO  —  Chinese online marketplace Temu is scooping …
Reuters:
Sources: Founders Fund bought $100M in bitcoin and $100M in ether from late summer to early fall 2023; the VC sold its crypto portfolio in 2022, making ~$1.8B  —  Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is investing once again in bitcoin and ether …
Rebekah Valentine / IGN:
Interviews with 40+ developers detail reasons for layoffs in gaming, including an environment fraught with high costs and execs having little regard for staff  —  An estimated 10,000 game workers lost their jobs in 2023 alone.  —  In August of last year, Ascendant Studios developer Aaron …
Brandon Vigliarolo / The Register:
Cloudflare defeats a second “patent troll”, invalidating parts of three Sable Networks' patents after crowdsourcing prior art findings through Project Jengo  —  The bounty payouts may be high, but Project Jengo doesn't miss  —  When it comes to defeating patent trolls …
More: The Cloudflare Blog and WebProNews
Threads: @gergelyorosz_.  X: @eastdakota and @cloudflare.  LinkedIn: Steven Callahan.  Forums: Hacker News
Amanda Silberling / TechCrunch:
Music encyclopedia EveryNoise, which uses Spotify data, stopped updating after Spotify laid off the employee running the site in December, pissing off its fans  —  Now, Glenn McDonald's beloved Every Noise At Once project is in jeopardy  —  On a brutal December day, 17% of Spotify employees found …
Michelle F Davis / Bloomberg:
ContextLogic agrees to sell the discount online retailer Wish for $173M to Singaporean company Qoo10; Wish had a $14B valuation after its 2020 IPO  —  The parent of discount online retailer Wish has agreed to sell its assets and liabilities for $173 million to Singaporean e-commerce company Qoo10.
Paul Sawers / TechCrunch:
Helsinki-based Bob W, an Airbnb-like marketplace for premium short-term apartment rentals, raised a €40M Series B led by Evli Growth  —  Bob W, a marketplace for premium short-term apartment rentals, has raised €40 million ($43 million) in a Series B round of funding.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:30 AM ET, February 13, 2024.

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

Matthew Belloni / Puck:
Sources: David Ellison told execs he will move Paramount out of California if AG Rob Bonta doesn't negotiate a settlement of the WBD antitrust case by October 1

Wall Street Journal:
Ari Emanuel's Mari agrees to buy British theater group ATG Entertainment from PE firm Providence, sources say in a deal valuing ATG at ~£4.5B including debt

Reuters:
RTL reports H1 revenue up 4% YoY to €2.9B and raises its FY revenue forecast to between €7.1B and €7.2B, accounting for the June acquisition of Sky Deutschland

More News

Nate Raymond / Reuters:
A US federal judge blocks Ohio from implementing a law that would require social media companies to obtain parental consent for kids under 16 to use their apps
Juli Clover / MacRumors:
Apple releases visionOS 1.0.3, the first update since the Vision Pro launch, adding an option to reset the device if the passcode has been forgotten
Stephen Alpher / CoinDesk:
Bitcoin pushes through $50K for the first time since December 2021, ahead of April's Bitcoin halving event, which will reduce mining rewards by half

Earlier Picks

Sarah Perez / TechCrunch:
Appfigures data: 52% of Vision Pro-only apps are paid downloads, vs. 5% of apps in the wider App Store, with an average price of $5.67
VideoCardz.com:
Nvidia announces a $625 Nvidia RTX 2000 Ada Generation GPU, with 1.5x to 3x more performance than the previous gen and 16GB of GDDR6 ECC memory, up from 12GB
Eva Dou / Washington Post:
How the US plans to use open radio access networks, or Open RAN, to unseat Huawei's lead in telecom tech, including committing $1.5B+ to bolster global adoption
Ben Hall / Financial Times:
Ukraine's GUR military intelligence unit says Russian forces are using Starlink terminals on the front line, corroborating multiple media reports in recent days
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