Techmeme
January 13, 2021, 4:50 PM

Top News

Lauren Feiner / CNBC:
Intel CEO Bob Swan will step down on February 15 and VMware CEO Pat Gelsinger will replace him; Intel's stock is up 6%+, VMware's stock is down 6%+  —  - Intel CEO Bob Swan is set to step down effective Feb. 15, the company announced.  — VMWare CEO Pat Gelsinger will take over the position.
Jessica Bursztynsky / CNBC:
Airbnb says it is canceling and blocking reservations made for the week of Biden's inauguration in the Washington, DC metro area  —  - Airbnb is canceling and blocking future reservations in the Washington, D.C., metro area during the week of President-elect Joe Biden's inauguration, the company said Wednesday.
Axios:
YouTube says it has taken down newly posted videos from Trump for violating its policies against inciting violence and bans new uploads for a week  —  YouTube said Tuesday that it has taken down newly posted video content from President Trump for violating its policies against inciting violence.
Jessica Bursztynsky / CNBC:
Dropbox says it will cut about 11% of its global workforce, affecting about 315 employees, and COO Olivia Nottebohm will leave on February 5  —  - Dropbox is cutting its global workforce by about 11%, the company said in an 8K filing released Wednesday.  — The company's stock dropped more than 6% in the premarket.
Jessica Bursztynsky / CNBC:
Affirm began trading at $90.90 and closed at $97.24, up 98% after pricing shares at $49; the company raised $1.2B after pricing shares above its $41-$44 range  —  - Shares of Affirm, an online payments company, began trading on the Nasdaq.  — Affirm priced its shares at $49 apiece, above its target range of $41 to $44 each.
Jacob Kastrenakes / The Verge:
Ring says it is adding opt-in end-to-end encryption for eight cameras in technical preview for US users  —  Starting today in a ‘technical preview’  —  Ring is starting to add support for end-to-end encryption to its cameras.  The feature will keep video streams encrypted from the camera …
Stephen Nellis / Reuters:
Qualcomm acquires chip startup Nuvia for $1.4B, with plans to put the company's tech into its smartphone, laptop, and automotive processors  —  (Reuters) - Qualcomm Inc on Wednesday said it will acquire Nuvia Inc, a chip startup founded by Apple Inc veterans, for $1.4 billion …
Romain Dillet / TechCrunch:
Apple announces new projects related to its $100M pledge for racial equity and justice, including a developer academy focused on Black entrepreneurs  —  Last June, Apple committed $100 million to a Racial Equity and Justice Initiative (REJI).  Lisa Jackson, Apple's vice president of environment …
Ben Thompson / Stratechery:
Actions taken by Big Tech after violence at the Capitol may have sowed the seeds for Internet 3.0, which will be defined by open protocols and decentralization  —  Francis Fukuyama's The End of History and the Last Man is, particularly relative to its prescience, one of the most misunderstood books of all time.
Gaurav Laghate / The Economic Times:
Amazon launches a mobile-only Prime Video plan in India starting at Rs. 89, or ~$1.30, per month, in partnership with Bharti Airtel  —  MUMBAI: Amazon Prime Video is set to launch mobile-only subscription plans in India for its streaming service in a global first, offering Indian consumers …
Benjamin Powers / CoinDesk:
Ledger offers a 10 bitcoin bounty for details on the hacker who stole info on 272K crypto wallet device owners and says 20K more user records have been exposed  —  Ledger was also targeted by hackers in Shopify's data breach.  —  Matt Johnson, Ledger's new Chief Information Security Officer …
Gené Teare / Crunchbase News:
Global VC report 2020: overall funding rose 4% YoY to ~$300B, despite a slow Q1, with ~$13.6B seed, $88.4B early-stage, and $198.4B late-stage and growth  —  Startups closed out 2020 in a much stronger position than the one they started the year in, with global venture funding up 4 percent year over year to $300 billion.
Tony Connelly / RTÉ:
EU's top court issues an opinion allowing GDPR complaints in any member state, which could lead to a flood of complaints against tech giants  —  The Advocate General of the European Court of Justice has issued an opinion that a privacy complaint against the US tech giant Facebook does …
Monica Chin / The Verge:
Asus unveils 14- and 15-inch ZenBook Duo dual-screen laptops with a second display built into the keyboard; the 14-inch version ships this month from $1,000  —  Preorders start tomorrow  —  Asus has announced two new dual-screen ZenBook Duo laptops as part of its slate of CES 2021 announcements.
Nick Statt / The Verge:
WhatsApp clarifies its new data sharing policy with Facebook, which mostly concerns businesses, after recent backlash and surge in Telegram and Signal downloads  —  The company is trying to contain fallout over a privacy policy update  —  WhatsApp has published a new FAQ page …
Karissa Bell / Engadget:
TikTok makes accounts of users aged 13 to 15 private by default, limiting who can comment on the videos and how other users can download or remix their videos  —  TikTok is introducing a new set of “enhanced” privacy settings that restricts certain features for younger teens and changes …
Makena Kelly / The Verge:
Some moderators say Nextdoor's policies don't adequately address QAnon and aren't well communicated to users; Nextdoor says it classifies QAnon as a hate group  —  Mods have been asking for a QAnon ban for months  —  For months, Nextdoor moderators have struggled with the challenge …
Tom Warren / The Verge:
Google says it has issued a fix for Android's Exposure Notifications System for COVID-19; users worldwide reported apps had slowed down significantly  —  The Android issues have been affecting coronavirus tracking apps worldwide  —  Google says it's working to investigate issues with Android apps …
Anthony Ha / TechCrunch:
E-commerce optimization startup Tradeswell raises $15.5M Series A led by SignalFire  —  After launching in October, Tradeswell is announcing today that it has raised $15.5 million in Series A funding.  —  Co-founder and CEO Paul Palmieri previously led digital ad company Millennial Media …
More: Tradeswell

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Zoe Schiffer / The Verge:
Jeff Stone / CyberScoop: