Techmeme
January 13, 2021, 10:20 PM

Top News

Elizabeth Dwoskin / Washington Post:
Jack Dorsey says Trump ban was the right decision for Twitter, but reflects a “failure” to promote healthy conversation and sets a dangerous precedent  —  Twitter CEO Jack Dorsey explained in a tweetstorm that the company faced an ‘extraordinary and untenable circumstance’
Sara Fischer / Axios:
Snapchat says it will permanently ban Trump's account on January 20 in the interest of public safety and based on repeated violations of Snapchat's guidelines  —  Snapchat will permanently ban President Trump's account on Jan. 20, Axios has learned, after locking it indefinitely last week following the Capitol siege.
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.
Elizabeth Culliford / Reuters:
In an interview, Parler CEO John Matze says he is not sure whether the social network will ever return after being cut off by service providers  —  (Reuters) - Social media platform Parler, which has gone dark after being cut off by major service providers that accused the app of failing …
Jeff John Roberts / Fortune:
Crypto startup Anchorage says it has received a federal bank charter, making it easier for big banks to use Anchorage to offer cryptocurrencies to customers  —  A startup called Anchorage announced on Wednesday that it has become the first cryptocurrency company to receive a federal charter …
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 …
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.
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 …
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 …
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.
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.
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.
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 …
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 …
Alex Wilhelm / TechCrunch:
Webflow, which helps businesses build no-code websites, raises $140M Series B led by Accel and Silversmith at a $2.1B+ valuation  —  This morning Webflow, a software company that helps businesses build no-code websites, announced that it has raised a $140 million Series B. The round …
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 …
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.
Bloomberg:
Sources: Poshmark is pricing its IPO at $42 per share, raising $277M, up from its $35-$39 price initially noted in an earlier filing  —  - Online marketplace is raising $277 million in share sale  — Poshmark IPO follows trading debut by consumer lender Affirm
Megan Graham / CNBC:
Google says it will pause political ads, and those referencing “impeachment, inauguration or protests at the US Capitol” on all its platforms starting Jan. 14  —  - Google is suspending political ads along with any reference to “impeachment, inauguration or protests at the U.S. Capitol” beginning Thursday.
Tony Connelly / RTÉ:
EU's top court says a GDPR complaint against Facebook can be handled in any EU 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 …
Kyle Wiggers / VentureBeat:
Telehealth startup NeuroFlow, which uses applied AI to treat patients with behavioral health conditions, raises $20M Series B led by Magellan Health  —  NeuroFlow, a digital health company combining workflow automation, patient engagement solutions and services, and applied AI to promote behavioral health …
More: NeuroFlow
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.
Catherine Shu / TechCrunch:
Japan-based SODA, which operates sneaker reselling marketplace SNKRDUNK, raises $22M Series B led by SoftBank Ventures Asia  —  Tokyo-based SODA, which runs sneaker reselling platform SNKRDUNK, has raised a $22 million Series B led by SoftBank Ventures Asia.
Mike Butcher / TechCrunch:
UK-based Weezy, whose grocery delivery app claims delivery in 15 minutes, raises $20M Series A led by Left Lane Capital  —  Weezy — an on-demand supermarket that delivers groceries in fast times such as 15 minutes — has raised $20 million in a Series A funding led by New York-based venture capital fund Left Lane Capital.
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 …

Sponsor Posts

Tribe AI:
You don't have to be Elon Musk to have your own AI lab  —  Join Tribe's community of top ML engineers, executives and product leaders in bringing machine learning to companies around the world.
Zoho:
5 major drivers of employee engagement  —  Both employee happiness and employee engagement help to build a more positive and productive workplace.  However, does focusing merely on employee happiness drive engagement?
Oura:
Ten Tips to get Better, Deeper Sleep  —  Want to feel more rested in the morning?  This weekend, try these strategies and see what works for you.
Intel:
Mobileye's new lidar system-on-a-chip bolsters Intel's XPU strategy  —  Intel's multi-dimensional roadmap is delivering now the computing and intelligence that will be required for our connected future.

Listen to Techmeme's Podcast:

Techmeme Ride Home: (Bonus) Interesting Raise Episode 1! Subscribe via Apple Podcasts, Google Play, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:20 PM ET, January 13, 2021.

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.

More News

Makena Kelly / The Verge:

Earlier Picks