Techmeme
January 7, 2018, 5:35 PM

Top News

Wolfie Zhao / CoinDesk:
Dogecoin market cap hits $1B+; price has risen 400%+ in the past month; creator says it's a sign of broader market excess as it hasn't been updated in 2 years  —  Dogecoin, the parody coin named for an internet meme featuring a Shiba Inu dog, has broken off the leash.
Paul Mozur / New York Times:
Recent public outcry against Alibaba's Sesame Credit and Tencent's WeChat over user privacy point to a growing demand for online data protection in China  —  SHANGHAI — China's biggest online payment company offers its hundreds of millions of users a breakdown on their spending each year …
Ryan Selkis / TwoBitIdiot:
Thoughts on cryptocurrencies for 2018, including prices and investing, people involved, taxes, ICOs and crypto funds, promising applications, and more  —  Happy new year, everyone!  —  The post-Christmas, pre-New Year's period is always one of my favorites.
Masha Borak / TechNode:
DJI president Luo Zhenhua said he expects the company's 2017 sales to reach $2.7B in an interview with China's Phoenix News  —  Updated: A previous version of this post stated that Luo Zhenhua is the vice-president of DJI.  Luo Zhenhua is now the president of DJI.
More: DroneDJ
Lucas Matney / TechCrunch:
Digi-Capital report: AR/VR startups raised more than $3B in 2017 with Magic Leap, Improbable, Unity, and Niantic accounting for ~$1.6B  —  Tech companies working with augmented reality and virtual reality technologies raised more than $3 billion in venture funding in 2017.

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Tom Warren / The Verge: