Techmeme
January 7, 2022, 8:35 PM

Top News

Ben Horowitz / Andreessen Horowitz:
Andreessen Horowitz raises $9B across three funds: a $1.5B Bio Fund, a $5B Growth Fund, and a $2.5B Venture Fund  —  I am excited to announce that Andreessen Horowitz just raised a fresh $9B to invest via our Venture, Growth, and Bio Funds.  We are grateful to our Limited Partners …
Patrick McGee / Financial Times:
How Tim Cook's supply chain expertise and diplomacy helped grow Apple's annual revenue from $108B in 2011 to $365B in 2021, and profits up 3.7x to $95B  —  Two years after the death of Steve Jobs, Oracle CEO Larry Ellison claimed it was inevitable Apple would struggle under Tim Cook.
Bloomberg:
PayPal confirms it is exploring launching its own stablecoin, after code in its iOS app showed it is working on a “PayPal Coin” backed by USD  —  PayPal Holdings Inc. is exploring the launch of its own stablecoin as part of its cryptocurrency push, according to the company …
Mike Masnick / Techdirt:
A California court orders Twitter to reveal the identity of a user who tweeted photos mocking a billionaire, after the user didn't respond to a copyright claim  —  Back in November we wrote about a very bizarre attempt to abuse copyright law to uncover who was behind a Twitter account, @CallMeMoneyBags.
Mitchell Clark / The Verge:
Meta rolls out a new version of Facebook's Privacy Center to some US desktop users, putting the onus on users to learn about its security and privacy controls  —  The new Privacy Center includes guides and controls  —  Meta (the company formerly known as Facebook) has announced a new version …
Jiyoung Sohn / Wall Street Journal:
Samsung expects Q4 operating profit of $11.4B, up 52% YoY, on revenue of $63B, up ~24%, thanks to demand for memory chips and its contract chip-making business  —  South Korean company benefits from continued strength of the semiconductor business  —  SEOUL— Samsung Electronics Co …
Casey Newton / Platformer:
Signal employees worry anonymous transactions could appeal to criminals, which would attract regulatory scrutiny and aid lawmakers who want to end encryption  —  A push into untraceable payments could put end-to-end encryption at risk  —  Today, let's talk about a little-discussed story …
Abner Li / 9to5Google:
Following the US ITC's ruling in favor of Sonos, Google changes Assistant device setup and Speaker Groups, which now require adjusting speakers individually  —  Following the US ITC ruling in favor of Sonos, Google this afternoon announced a series of changes to how Speaker Groups and its Assistant devices work.
Daisuke Wakabayashi / New York Times:
Filipe Espósito / 9to5Mac:
Twitter says it is testing “Quote Tweet with reaction”, an option to let iOS users retweet and attach a video reaction  —  Twitter on Thursday launched a new feature in its iOS app for a small group of users.  With this option, it's now possible to retweet someone's post and add your own video reaction using your camera.
Kenrick Cai / Forbes:
Labelbox, which offers data annotation and labeling software, raises a $110M Series D led by SoftBank Vision Fund 2; CEO says Labelbox is “basically a unicorn”  —  With funding for data startups in a frenzy, data annotation company Labelbox found itself fielding offers …
Katie Deighton / Wall Street Journal:
Deliveroo plans to open a restaurant in London, its first, to better understand restaurateurs; the company currently operates ~300 “dark” kitchens globally  —  U.K.-based food-delivery company hopes running a single-location pizza parlor in London will help it better understand the restaurateurs using its platform
Jay Peters / The Verge:
Mozilla pauses accepting crypto donations following a widespread backlash, mostly over carbon emissions, including from co-founder Jamie Zawinski  —  Mozilla is the latest company to take heat for its involvement with cryptocurrency  —  Mozilla, the nonprofit organization that makes …

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Sarah E. Needleman / Wall Street Journal:
Ry Crist / CNET:
Igor Bonifacic / Engadget:
MacKenzie Sigalos / CNBC:
Dean Takahashi / VentureBeat:
Sarah Perez / TechCrunch:
Henry Updegrave / Chainalysis: