Techmeme
November 11, 2021, 6:30 PM

Top News

Taylor Hatmaker / TechCrunch:
Discord CEO Jason Citron says the service has no plans to add crypto and NFT tools, following a backlash to an internal concept he shared on Twitter  —  Discord founder and CEO Jason Citron sought to reassure users Wednesday that the company doesn't have impending plans to shift its business toward NFTs.
Lucas Shaw / Bloomberg:
Takashi Mochizuki / Bloomberg:
Sources: Sony cuts PS5 production targets from 16M to 15M by March 2022 due to component and logistics constraints, as first-year PS5 sales fall behind PS4  —  - Full-year PS5 sales goal at risk from production snags  — Sony CFO warned Covid-19 still affecting output and supply
Owen Fernau / The Defiant:
Ethereum Name Service's ENS token hits $1B market cap, just two days after its airdrop in which users received the token for free in their crypto wallets  —  ENS, the governance token of Ethereum Name Service, hit a market capitalization of $1.1B in early morning trading Eastern Standard Time.
Wall Street Journal:
A look at Binance, which sources say could be worth $300B if it goes public, as its unfettered, unregulated growth comes to an end amid global scrutiny  —  The trading platform surged by operating from nowhere in particular—without offices, licenses or headquarters.  Now governments are insisting on taking some control.
Ashley Carman / The Verge:
Patreon CEO Jack Conte says the service is building native video hosting, which would reduce creators' reliance on YouTube  —  CEO Jack Conte: 'We're building a video product'  —  This story is part of a group of stories called  —  Patreon is building a video hosting solution and native player.
Rebecca Falconer / Axios:
US joins a global cybersecurity partnership launched in 2018 with 80 countries and companies like Google and Microsoft, after declining to sign up under Trump  —  The U.S. is now part of an international agreement on cybersecurity that the Trump administration declined to sign up for …
Lorenzo Franceschi-Bicchierai / VICE:
Google researchers found a watering hole attack in August exploiting a macOS zero-day and targeting Hong Kong pro-democracy sites; Apple patched on September 23  —  “The nature of the activity and targeting is consistent with a government backed actor,” the Google researchers say.
Sarah Perez / TechCrunch:
Spotify acquires audiobook distributor Findaway and says it expects the deal to close in Q4 2021  —  In an effort to expand beyond music, Spotify has been investing hundreds of millions to build out its podcasts business.  Now the company has set its sights on another form of audio …
Brian Ashcraft / Kotaku:
Something Awful administrator says founder Richard “Lowtax” Kyanka has died at 45; founded in 1999, SA's influence over the contemporary web has been huge  —  Kyanka created the influential Something Awful website in 1999  —  Longtime Something Awful forum administrator Fragmaster posted …
Mitchell Clark / The Verge:
YouTube starts hiding public dislike counts on videos to keep smaller creators from being targeted by dislike attacks, following a test in March  —  Creators will still be able to see how many people disliked their videos  —  YouTube has announced that it'll be hiding public dislike counts on videos across its site, starting today.
Emily Bary / MarketWatch:
Weave Communications, which offers cloud tools for small business communications, drops 21.7% in market debut, after raising $120M in its IPO  —  ‘What QuickBooks is to small-business accounting, we will be to small-business customer communication,’ CEO says
Helene Braun / CoinDesk:
Miami Mayor Francis Suarez says the city will give residents a bitcoin yield from staking MiamiCoin  —  The city's mayor, Francis Suarez, announced the news on CoinDesk TV on Thursday.  —  The city of Miami will soon give out a “bitcoin yield” to its citizens from the staking of its cryptocurrency …
Catalin Cimpanu / The Record:
Bradley Chambers / 9to5Mac:
Apple unveils Business Essentials for SMBs, with device management, iCloud storage, and more, starting at $2.99/month per user and launching in spring 2022  —  Apple is introducing a new business offering called Apple Business Essentials that combines device management …
Sarah Perez / TechCrunch:
Instagram is testing Take a Break, an opt-in feature that reminds users to take a break after 10, 20, or 30 minutes  —  Instagram head Adam Mosseri announced today the comapny has begun testing a new feature this week called “Take a Break” which will allow users to remind themselves …

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