Techmeme
January 10, 2022, 10:20 AM

Top News

Business Wire:
Take-Two will acquire Zynga for $12.7B, or $9.86 per share, a 64% premium on Zynga's January 7 closing price; Take-Two develops GTA, Red Dead, and other titles  —  Take-Two to acquire all the outstanding shares of Zynga for a total value of $9.861 per share - $3.50 in cash and $6.361 in shares …
Chance Miller / 9to5Mac:
Gurman: Apple's mixed reality headset will not be an all-day device and will be meant for bursts of gaming, communication, and content consumption  —  Apple is widely expected to take the wraps off of its first mixed reality headset this year, with a focus on augmented reality and virtual reality experiences.
Mark Gurman / Bloomberg:
Simon Parkin / The Guardian:
Roblox's aim of encouraging children to make games has been its key to success but is fraught with dangers, as some face stress, burnout, and exploitation  —  Young developers on the platform used by many millions of children claim they have been financially exploited, threatened with dismissal and sexually harassed
Ax Sharma / BleepingComputer:
An open-source developer, expressing regret for supporting “Fortune 500s”, breaks ~19K projects by corrupting popular NPM libraries; GitHub reverts the changes  —  Users of popular open-source libraries ‘colors’ and ‘faker’ were left stunned after they saw their applications …
Jon Porter / The Verge:
A roundup of Samsung Galaxy S22 series leaks, including specs, an unboxing video of dummy units, and an alleged image of the S22 Ultra's 45W fast charger  —  A new unboxing video has shown potential designs for the three handsets  —  A video from Unbox Therapy has shown off what appears …
Paul Kiernan / Wall Street Journal:
Sources: the SEC is pushing for more transparency from large private companies, including increasing disclosures and tightening investor qualifications  —  ‘Unicorn’ firms have a huge impact and ‘absolutely no visibility’ for regulators, says SEC Commissioner Allison Lee
Sarah Ya-Ru Zheng / Bloomberg:
Chinese edtech company New Oriental fired 60,000 workers in 2021 after revenue fell 80%, the biggest layoffs disclosed since China began its tech crackdown  —  - New Oriental saw an 80% slump in sales, chairman says  — It fell victim to far-ranging curbs on after-school education

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Earlier Picks

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William Turton / Bloomberg:
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Vitalik Buterin / r/ethereum on Reddit: