Techmeme
November 23, 2021, 4:35 AM

Top News

VICE:
ConstitutionDAO faces existential questions as a “core team” makes key decisions; high transaction fees mean ~50% of “investors” may lose the money they put in  —  ConstitutionDAO tried to buy the Constitution.  Now it has a $40 million mess on its hands and entire refunds are being wiped out by high fees.
Daniel Cooper / Engadget:
SEC filing: a third party had access to GoDaddy's Managed WordPress hosting from September 6 to November 17, including 1.2M customer numbers and admin passwords  —  In disclosures to the Securities and Exchange Commission, web registrar and hosting company GoDaddy has revealed that it discovered it had been hacked.
Juli Clover / MacRumors:
Location tracking service Life360 acquires Tile, which makes Bluetooth-based tracking accessories that compete with Apple's AirTag, for $205M  —  Tile, known for its range of Bluetooth-based tracking accessories that compete with the AirTag, is being acquired by location tracking service Life360, Tile announced today.
Gizmodo:
Gizmodo plans to publish the Facebook Papers in batches, redacting sensitive information with help from NYU, UMass Amherst, Columbia, Marquette, and the ACLU  —  Independent experts from NYU, UMass Amherst, Columbia, Marquette, and the ACLU are partnering with Gizmodo to responsibly publish this historic leak.
David Thiel / @elegant_wallaby:
[Thread] A former Facebook employee says Meta announced an “absurdly accelerated timeline” for e2ee messaging to preempt antitrust action and generate good PR  —  Please stop with this. Child safety is not FUD, nor disingenuous. Here is what happened with Facebook's haphazard E2EE plan, from someone who was there and familiar with the underlying systems. 1/
Niantic:
Niantic, the AR platform company behind Pokémon Go, raises $300M from Coatue at a $9B valuation  —  Niantic Inc., developer of the world's first and only planet-scale AR platform, announced today that Coatue has made a $300 million investment in the company at a valuation of $9 billion.
Kim Lyons / The Verge:
Twitter debuts aliases for contributors to its Birdwatch moderation program, so their handles aren't included in notes they leave on users' tweets  —  The program is intended as a method of debunking misinformation on the platform  —  Twitter is introducing aliases for participants …
Rich Woods / XDA Developers:
Sources: Qualcomm has an exclusivity deal with Microsoft for Windows on ARM that is set to expire soon, opening up chip vendor competition  —  Last week, we reported that MediaTek is planning to build a chipset for Windows on ARM.  As it turns out, the Windows on ARM chipset space …
Sarah Perez / TechCrunch:
Walmart will be the first to test Twitter's livestream shopping platform, with a Cyber Deals live event on November 28  —  Twitter's e-commerce initiatives now include livestream shopping and Walmart will be the first retailer to test the new platform.  Over the past year …
Josh Sisco / The Information:
Sources: FTC staff recommended suing Amazon over alleged Ring privacy violations earlier this year and began settlement talks; Lina Khan suspended the effort  —  Federal Trade Commission staffers earlier this year recommended filing a lawsuit against Amazon over alleged privacy …
Rithika Krishna / Reuters:
Uber Eats will let users in Ontario, Canada order cannabis on its app for pickup, marking Uber's first foray into the weed market  —  Uber Technologies Inc (UBER.N) will allow users in Ontario, Canada, to place orders for cannabis on its Uber Eats app, marking the ride-hailing giant's foray …
Tom Matsuda / The Block:
MoonPay, which lets users buy crypto with a credit/debit card, Apple Pay, and more, raises a $555M Series A led by Coatue and Tiger Global at a $3.4B valuation  —  Quick Take  — MoonPay has closed a $555 million raise led by Coatue and Tiger Global.  Existing investor Blossom Capital …
Kyle Bradshaw / 9to5Google:
Google is rolling out a Messages update that shows iMessage reactions as emoji  —  The latest update to Google Messages prepares for a new way to handle the annoying iMessage reaction messages often seen in mixed group chats.  —  Update: This feature has already begun rolling out for some, allowing us to see it in action.
Reuters:
JioMart is disrupting the traditional salesperson-driven retail distribution model in India by offering mom-and-pop stores fast deliveries, credit, and training  —  For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to the storekeepers …
Jeff John Roberts / Decrypt:
Royal, which helps musicians create and sell NFTs, share royalties with fans, and more, raises a $55M Series A led by a16z, following a $16M seed in August  —  NFTs are shaking up the world of art and video games.  But it may be the music business where NFTs (non-fungible tokens) …

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