December 21, 2021, 6:30 AM

Top News

Vlad Savov / Bloomberg:
Jack Dorsey causes controversy by criticizing Web3, tweeting: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives”  —  Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey has taken …
Stephen Totilo / Axios:
Inside Ubisoft's unprecedented developer exodus over the past 18 months, including at least five of the top 25-credited people from Far Cry 6, its top 2021 game  —  Colleagues across Assassin's Creed publisher Ubisoft have names for the procession of developers who have departed over the past 18 months …
New York Times:
Crypto and blockchain startups raised $28B+ in 2021, up 4x YoY, according to PitchBook, as large tech companies lose execs and engineers to crypto companies  —  Tech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportunity with crypto.
Taylor Kerns / Android Police:
Google will end support for OnHub, a $200 router and smart home hub launched in 2015, in December 2022, offering owners 40% off the latest Nest Wifi router  —  More like OffHub, am I right?  —  In 2015, Google launched OnHub, a $200 router-smart home hub hybrid with an easy-to-use app to manage it.
Catalin Cimpanu / The Record:
The UK's National Crime Agency shares 585M+ compromised passwords, found during an investigation, with Have I Been Pwned, after the FBI started sharing in May  —  The UK National Crime Agency has shared a collection of more than 585 million compromised passwords it found during an investigation …
UK business management software company Sage agrees to buy the remaining 83% stake it doesn't own in retail operating systems provider Brightpearl for ~$299M  —  British software company Sage Group (SGE.L) said on Monday it would buy the remaining 83% stake in cloud-based software provider Brightpearl …
Mike Butcher / TechCrunch:
Voi, a Stockholm-based startup offering e-scooter and e-bike rentals, raises a $115M Series D co-led by Raine Group and VNV Global and will prepare for an IPO  —  The European e-scooter market is currently the main battleground for companies playing in the micromobility space …
Sahar Massachi / MIT Technology Review:
A framework for fixing social media: apply lessons from physical cities, prevent fake accounts, improve corporate behavior, and listen to integrity workers  —  We need to make our online spaces more similar to our offline ones to limit the reach of bad actors and keep people safe.
Tim Copeland / The Block:
Nguyen Xuan Quynh / Bloomberg:
Vietnam-based MoMo, a super app for money transfer, insurance, donations, investments, and more, raises a ~$200M Series E led by Mizuho Bank at a $2B+ valuation  —  Vietnam's M_Service JSC, which operates Warburg Pincus LLC-backed fintech app MoMo, crossed $2 billion in valuation after raising …
More: Reuters

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This is a Techmeme archive page. It shows how the site appeared at 6:30 AM ET, December 21, 2021.

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