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Techmeme
January 7, 2022, 5:05 PM
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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 …
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 …
Sarah E. Needleman / Wall Street Journal:
Sources: GameStop has hired more than 20 people to run a new division developing an NFT marketplace and establishing cryptocurrency partnerships  —  The retailer is launching a division dedicated to the buzzy new technologies amid a push to turn a profit  —  GameStop Corp. is launching …
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:
The US ITC issues a final ruling declaring Google infringed on five Sonos audio tech patents and is banned from importing products that violate Sonos' IP
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 …
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.
Ry Crist / CNET:
Amazon debuts Sidewalk Bridge Pro by Ring for farms, factories, and other nonresidential settings, capable of sending and receiving device data up to five miles  —  A new, dedicated Sidewalk bridge will bring farms, factories and other nonresidential zones online with Amazon's long-range, low-power IoT network.
Ionut Ilascu / BleepingComputer:
Online appointment scheduling service FlexBooker discloses a breach that saw info stolen from 3.7M+ accounts, including partial credit card info, on December 23  —  Accounts of more than three million users of the U.S.-based FlexBooker appointment scheduling service have been stolen in an attack …
Crystal Kim / Bloomberg:
Dogecoin and Shiba Inu, which experienced meteoric rises as meme coins, are down 80% and 65% from their peaks in May and October respectively  —  - Dogecoin, Shiba, other meme inspired tokens are near lows  — Advocates wonder if a Shib price of one cent is still feasible
Tweets: @russellbrandom

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From Mediagazer

Daniel Thomas / Financial Times:
How UK tabloids, which once held a powerful grip on the national discourse, are struggling in an era of social media feeds, AI, and influencer-driven content

Sara Fischer / Axios:
WSJ and Dow Jones plan a new sports vertical that will debut alongside an exclusive, invitation-only sports economy event in New York City this summer

Max Tani / Semafor:
Mediaite suspends Colby Hall, the writer of One Sheet, which aggregates newsletters about media and adds commentary, pending a probe into recent errors

More News

Patrick McGee / Financial Times:
How Tim Cook's supply chain expertise and diplomacy helped him grow Apple's annual revenues from $108B in 2011 to $365B in 2021, with profits up 3.7x to $95B
Igor Bonifacic / Engadget:
Clubhouse starts testing Web Listening, letting US users listen to Replays and live rooms with Replays enabled, compatible with most major browsers

Earlier Picks

Brandy Betz / CoinDesk:
DeFi credit protocol Goldfinch raises a $25M Series A extension led by a16z, which also led its $11M Series A last year, and announces the Goldfinch Foundation
Jay Peters / The Verge:
Mozilla pauses accepting crypto donations following a widespread backlash, mostly over carbon emissions, including from co-founder Jamie Zawinski
MacKenzie Sigalos / CNBC:
Internet disruptions in Kazakhstan, the world's second-biggest bitcoin mining hub, shut down an estimated 15% of the world's miners before internet was restored
Dean Takahashi / VentureBeat:
ESA says E3 2022 will be an online-only event in the summer due to COVID-19 concerns
Sarah Perez / TechCrunch:
Spotify introduces Call-to-Action Cards, a visual ad format for podcasts that puts clickable cards inside show and episode pages
Henry Updegrave / Chainalysis:
A record $14B flowed to criminal crypto addresses in 2021, up from $7.8B in 2020, driven by DeFi scams; total crypto transaction volume hit $15.8T, up 567% YoY
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