Techmeme
December 18, 2021, 1:55 PM

Top News

Luke Plunkett / Kotaku:
GSC Game World decides to “cancel anything NFT-related” in its game Stalker 2 after fans criticize its plans for in-game NFTs in partnership with DMarket  —  It hasn't been a great week for the GSC Game World team  —  STALKER 2 developers GSC Game World announced yesterday that they'd be adding NFTs to the game.
UPI:
JPMorgan Chase will pay fines of $125M to the SEC and $75M to the CFTC for letting some employees use WhatsApp and other unapproved channels to conduct business  —  JPMorgan Chase has agreed to pay a $125 million penalty for allowing employees on Wall Street to use smartphone apps …
Kim Lyons / The Verge:
TikTok says it is removing “alarmist warnings” about a supposed day of school violence that prompted some US districts to cancel classes on Friday  —  It hasn't found any videos threatening school violence on Friday, the company said  —  TikTok said Friday that it's working to remove …
Kate Krader / Bloomberg:
TikTok partners with Virtual Dining Concepts to launch TikTok Kitchen, a food delivery service based on viral trends, starting with 300 US locations in March  —  The video platform is teaming up with Virtual Dining Concepts to deliver those viral foods across the country.  Baked feta pasta, anyone?
Aditya Kalra / Reuters:
India's antitrust watchdog CCI suspends Amazon's $200M investment in Future Group and fines Amazon ~$27M for concealing facts while seeking regulatory approval  —  India's antitrust agency suspended Amazon.com's (AMZN.O) 2019 deal with Future Group on Friday, potentially denting …
The Streamable:
Disney fails to reach a deal with YouTube TV, removing 17+ channels including ABC, Disney, ESPN, Freeform, and FX; YouTube TV drops its price to $49.99/month  —  After a year of bitter disputes with its partners, YouTube TV just took a gut-punch from one of the entertainment world's biggest titans.
Coco Feng / South China Morning Post:
ByteDance launches Douyin Box, a fashion-focused shopping app in China akin to its Fanno app in Europe, betting on the Gen Z trend of buying on influencer tips  —  The stand-alone Douyin Box app signals that ByteDance, the world's most valuable start-up, is betting big on e-commerce in China …
More: Protocol
Reuters:
How Amazon grew its business in China, including partnering with a government propaganda arm for a books section on Amazon US, AWS-related concessions, and more  —  Amazon.com Inc was marketing a collection of President Xi Jinping's speeches and writings on its Chinese website about two years ago …

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Paul R. La Monica / CNN: