Techmeme
November 16, 2021, 3:21 PM

Top News

Wall Street Journal:
Sources: Activision CEO failed to inform the board about allegations an employee had been raped by her supervisor in 2016 and 2017, even after a settlement  —  Top executive didn't inform board of some reports, including alleged rapes; company faces multiple regulatory investigations
Chaim Gartenberg / The Verge:
Qualcomm says its next-gen PC CPUs will be designed by its recently acquired Nuvia team, hopes they will ship in devices in 2023 and be “M-series competitive”  —  Developed by the Nuvia team  —  Qualcomm is looking to seriously beef up its PC processors, with the company announcing plans …
Juli Clover / MacRumors:
Qualcomm CFO says the company expects to supply just 20% of Apple's modem chips by 2023, supporting rumors that Apple's modem chips are launching soon  —  Qualcomm is preparing for the launch of Apple's own modem chips, which will cut into Qualcomm's modem business starting in 2023.
Aisha Malik / TechCrunch:
Twitter stops automatically refreshing timelines on the web with new tweets, after users complained about disappearing tweets  —  Twitter is updating its web platform to change the way users see new tweets.  The social media giant will no longer automatically refresh timelines on the web with new tweets …
Meghan Bobrowsky / Wall Street Journal:
Sam Shead / CNBC:
The UK refers Nvidia's planned Arm acquisition to the CMA for a full 24-week investigation, citing antitrust and national security concerns  —  - Digital and Culture Secretary Nadine Dorries ordered a “phase 2” probe into Nvidia's $40 billion bid for Arm on Tuesday.
Bloomberg:
Celebrity NFTs from Grimes, A$AP Rocky, John Cena, and others have dropped significantly in value, leaving some buyers with large losses  —  Tokens from Grimes and A$AP Rocky fall, leaving buyers with losses  —  Celebrities like the musician Grimes have been quick to cash in on nonfungible tokens …
Ryan Broderick / Garbage Day:
As some Twitter users mock NFTs and Web3 believers retaliate, a16z, Meta, and others are investing in the crypto industry to remake the internet in their image  —  Read to the end for a really good supercut  —  Who Will Win The Web3 Culture War?  —  On Friday, I wrote about how furries …
Bloomberg:
UK supermarket Sainsbury's becomes the first known customer for Amazon's Just Walk Out tech outside the US, starting with a London store opening November 29  —  - Sainsbury is first ‘Just Walk Out’ customer outside the U.S.  — Grocery expected to open Nov. 29 with shop-and-go technology
Fred Wilson / AVC:
Seed rounds at $100M post-money valuations, now fairly common, are unlikely to perform well for investors, given dilution and early startups' high failure rate  —  We have been seeing quite a few seed rounds getting done in and around $100mm post-money and that concerns me for a few reasons:
Jon Porter / The Verge:
Badges for Instagram Live, in testing for over a year, rolls out as a way for users to pay and support creators; Instagram won't take a cut until 2023  —  Its ‘Badges’ are officially launching in the US  —  Today, Instagram is officially launching its Badges feature, which gives viewers …
Ax Sharma / BleepingComputer:
GitHub finds major security flaws, now fixed, in Node.js package manager npm that would let attackers bypass authentication and publish versions of any package  —  The largest software registry of Node.js packages, npm, has disclosed multiple security flaws that were identified and remedied recently.
Rob Pegoraro / PCMag:
Pew: 42% of US users read Twitter primarily for entertainment, 20% for news; one-third of users visit Twitter less than once a week, 66% visit at least weekly  —  More tweeps read Twitter primarily for entertainment, but among the 69% who report getting news on Twitter …
Mitchell Clark / The Verge:
Adi Robertson / The Verge:
Meta details a haptic glove prototype that uses air pockets to simulate touching objects in VR and has been in development for seven years  —  A new sci-fi interface for the metaverse  —  You cannot pet a dog in Meta's new, high-tech virtual reality gloves.  But researchers are getting closer.
Mitchell Clark / The Verge:
Twitter makes its v2 API, announced in August 2020, the default for developers, giving third-party apps more freedom as it aims to become more decentralized  —  Twitter's new API is finally official, which could mean good things for third-party clients  —  Twitter has announced …
Steve Dent / Engadget:
Google Search expands the carousel launched to provide local COVID-19 news to include topics like sports and government, available now in all languages  —  Google has launched new tools and features for both readers and reporters designed to aid local news organizations, it announced today.
Suhauna Hussain / Los Angeles Times:
Amazon agrees to pay $500K to California for concealing COVID-19 case numbers from its workers, the first such action under the state's new “right to know” law  —  Amazon has agreed to pay $500,000 to better enforce state consumer protection laws after California's attorney general …
Source: State of CaliforniaMore: Ars Technica, Insider, CNBC, and Axios
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Techmeme Ride Home:
(TWTR SPC) - a16z's Chris Dixon (@cdixon) On The State Of Crypto And Web3
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