| The Markup: |
Sources: Life360, a family safety app with 33M users, has sold users' precise location since 2016 and is one of the location data broker industry's top sources — The app is a major source of raw location data for a multibillion-dollar industry that buys, packages, and sells people's movements| Jon Porter / The Verge: |
WhatsApp now lets users set all one-to-one chats to disappear by default after 24 hours, seven days, or 90 days — Its disappearing messages feature is getting an upgrade — WhatsApp is adding new functionality to its disappearing messages feature, which lets users set messages in a chat … | Ben Smith / New York Times: |
A document from TikTok's engineering team in Beijing details the app's addictive algorithm, which pursues DAUs by optimizing for “retention” and “time spent” — It's the most successful video app in the world. Our columnist has obtained an internal company document … | Emma Roth / The Verge: |
Verizon, AT&T, and T-Mobile all have programs that collect additional customer data, like app usage, location, and web history, and they are generally opt-out — Verizon says it's to better “understand your interests” — The My Verizon app might be collecting information about your browsing history … | Andrew E. Kramer / New York Times: |
US investigators traced ransomware payments back to companies in the Moscow skyscraper Federation Tower East, suggesting Russia tolerates ransomware operators — Cybersecurity experts tracing money paid by American businesses to Russian ransomware gangs found it led to one of Moscow's most prestigious addresses.| Julian E. Barnes / New York Times: |
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Lyft CFO Brian Roberts, who joined the company in 2014 and took it public, leaves to become CFO at NFT marketplace OpenSea — Lyft's long-time CFO Brian Roberts, who took the company public, announced Monday that he was departing the ride share company that he joined in 2014 to take the same role at NFT marketplace OpenSea.| Financial Times: |
Researchers detail Meta's roadblocks, including pre-publication review and restrictive contracts, and how it stifles what might cast it in a negative light — Last March, Orestis Papakyriakopoulos, a researcher at Princeton University, applied to use a special data access tool that allows academics to do research on Facebook.| Mark Gurman / Bloomberg: |
Many customers complain that T-Mobile and Verizon are denying promised rebates for promoted Apple products — Some customers are finding that wireless carriers are denying rebates used to promote Apple Inc.'s newest iPhones, iPads and watches. Plus, omicron's impact on Apple and the company loses yet another car executive.| Chainalysis Insights: |
Analysis: users have spent $26.9B+ on NFTs in 2021, most transactions are under $10K, and CryptoPunks is the most popular collection with $3B sales since March — This blog is a preview of our 2021 NFT Market Report. Click here to download the whole thing!| Dean Takahashi / VentureBeat: |
Facebook Gaming announces a Play with Streamer feature that lets creators invite audience members to join a game, debuting alongside Pac-Man Community's launch — Mark Zuckerberg unveiled that Pac-Man Community is debuting on Facebook Gaming as one of the first games where audiences can play together while spectating.| Ben Thompson / Stratechery: |
Amazon's extensive supply chain investments, mostly focused on domestic US logistics, make it increasingly attractive to third-party merchants and customers — It seems like a Christmas miracle. From CNBC: … The intended takeaway of this article — which originated as a digital special report … | Dave Lee / Financial Times: |
DoorDash shifts from its gig worker model and hires 60 couriers as full-time employees, starting at $15/hour, to launch sub-15-minute grocery deliveries in NYC — Delivery app says outdated employment law prompted new structure in break with gig worker model| Mia Sato / The Verge: |
YouTube publishes its first Copyright Transparency Report, showing H1 2021 had 2.2M+ videos hit with incorrect copyright claims and 729M total copyright claims — Creators have complained about the claims and appeal process — Over 2.2 million YouTube videos were hit with copyright claims … | Joseph Williams / Bloomberg: |
Call center software provider Genesys raises $580M at a $21B valuation led by Salesforce Ventures — - Salesforce Ventures led $580 million round joined by Zoom — Effort signals booming demand for call center software — Call center software provider Genesys Cloud Services Inc. raised $580 million … | Reuters: |
Alibaba appoints a new CFO and will reorganize its e-commerce businesses under two new divisions, one domestic and one international — Alibaba Group Holding Ltd (9988.HK) said Toby Xu, will succeed Maggie Wu as the company's chief financial officer from April, a move it described as part of the company's leadership succession plan.| Benedict Evans: |
Overview of macro tech trends, with a focus on Web3, the metaverse, and cloud adoption, which is just beginning as on-prem IT spend still dwarfs cloud spend — The most exciting themes in technology today are transformative visions for 2025 or 2030: crypto, web3, VR, metaverse... and then everything else.| Mary Ann Azevedo / TechCrunch: |
Hometap, which lets homeowners get cash by taking on an investor in their house, raises $60M led by American Family Ventures, bringing its total funding to $95M — Hometap, a startup that offers people a way to borrow against the equity in their homes without taking out loans, has raised $60 million in new funding.
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| Alistair Gray / Financial Times: |
| Issie Lapowsky / Protocol: |
| David Streitfeld / New York Times: |
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| Emma Roth / The Verge: |
| Tim Copeland / The Block: |