Techmeme
December 29, 2021, 10:21 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple issued rare bonuses of restricted stock worth $50K-$180K to select engineers, after Meta poached ~100 Apple engineers over the past few months  —  Apple Inc. has issued unusual and significant stock bonuses to some engineers in an effort to retain talent …
Abner Li / 9to5Google:
Waymo partners with Chinese automotive company Geely to bring a “rider-first” EV with no steering wheel to its US robotaxi Waymo One fleet in the coming years  —  Waymo One is Alphabet's Lyft/Uber competitor that's live in Phoenix and currently undergoing testing in San Francisco.
Sergiu Gatlan / BleepingComputer:
Some LastPass users say their master passwords were compromised and used in blocked login attempts from unknown IPs; LastPass blames “credential stuffing”  —  Many LastPass users report that their master passwords have been compromised after receiving email warnings that someone tried …
Cobie:
The Dogecoin bull run in 2021 and recent airdrop of $SOS tokens by a third party to OpenSea users shows that the only scarce resource in crypto is attention  —  People talk a lot about scarcity in crypto.  Whether it's enforcing digital scarcity through NFTs or the idea that “there's 55m millionaires but only 21m bitcoins”.
Bloomberg:
Apple places Foxconn's southern India factory on probation following worker protests and an investigation that revealed substandard living conditions  —  - Foxconn apologized for lapses in worker living conditions  — Apple has asked for corrective actions before factory reopens
Wall Street Journal:
Sources: in the wake of Haugen's leaks, Meta attempted to divide lawmakers along partisan lines and avoid tougher regulation at Mark Zuckerberg's direction  —  Chief Executive Mark Zuckerberg drove response to disclosures about company's influence; sending deputies to testify in Congress
Kris Holt / Engadget:
Adam Mosseri says in 2022 Instagram will “double down” on video, consolidate its video products around Reels, and focus on creators, transparency, and messaging  —  In a brief year-end video message, Instagram head Adam Mosseri offered some insight into what's ahead for the platform.
Laura Forman / Wall Street Journal:
Early pandemic winners, including Cathie Wood's ARK fund, Peloton, Zoom, Poshmark, DocuSign, Chegg, and Zillow, have seen their market value decline in 2021  —  Those former tech sweethearts that experienced a reversal in fortune this year could remain in the dumps in 2022
Monica Alleven / Fierce Wireless:
US appeals court rules in favor of the FCC's decision to designate a large swath of the 6 GHz band to unlicensed users, after AT&T challenged the FCC  —  The U.S. Court of Appeals for the District of Columbia Circuit ruled in favor of the Federal Communications Commission (FCC) …

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