Techmeme
January 11, 2022, 2:35 PM

Top News

The Korea Herald:
Apple will let developers use alternative payment systems in South Korea, complying with a law banning app store operators from forcing their own IAP systems  —  Apple will allow alternative payment systems in South Korea in compliance with a new local law that bans app store operators …
Wall Street Journal:
Citadel Securities, an electronic trading firm that works with Robinhood and others, raises $1.15B from Sequoia Capital and Paradigm, valuing it at ~$22B  —  Sequoia Capital's and Paradigm's $1.15 billion investment values the electronic-trading firm at around $22 billion
Kara Swisher / New York Times:
Interview with Microsoft's Phil Spencer on why he thinks the metaverse is an extension of gaming, sexual misconduct allegations at Activision Blizzard, and more  —  When you walk in the room, do you have sway?  —  I'm Kara Swisher, and you're listening to “Sway.”
Kif Leswing / CNBC:
Meta delays a full return to offices until March 28 and requires that staff prove they got a COVID-19 booster shot; a deferral must be requested for remote work  —  - Facebook parent Meta Platforms said on Monday that it will require Covid-19 booster shots for employees.
Sean Hollister / The Verge:
Google SVP Hiroshi Lockheimer says by not supporting RCS in iMessage, Apple is “holding back” the industry and UX for not just Android but its own customers  —  Android boss says it's not about iMessage — it's about RCS  —  On Saturday, Android boss Hiroshi Lockheimer accused Apple of …
David Cohen / Adweek:
Mozilla's data sharing project Rally and The Markup launch Facebook Pixel Hunt, a study to investigate Meta's data collection and tracking practices  —  Firefox users who opt into ‘Facebook Pixel Hunt’ will use tools in the Rally browser extension
Niloofer Shaikh / Seeking Alpha:
Automotive supplier Aptiv to buy Wind River, which makes embedded and edge computing software, from TPG for $4.3B in cash; Wind River had ~$400M in 2021 revenue  —  - Aptiv PLC (NYSE:APTV) is acquiring Wind River from TPG Capital for $4.3B in cash.  — Wind River is delivering software for the intelligent edge.
Washington Post:
Sources: Trump declined offers from Gettr and Parler in favor of his own social media startup, and is frustrated with the slow development of TRUTH Social  —  Advisers say the former president is frustrated by the pace of development of his promised website, still months away from its launch
Tom Warren / The Verge:
Xbox players are frustrated with forced crossplay, arguing PC users are cheating; Phil Spencer rejected crossplay in 2016, saying a mouse and keyboard is faster  —  Xbox players can't escape some PC cheaters  —  Xbox players are growing increasingly frustrated at being forced to play against PC gamers.
Ben Dummett / Wall Street Journal:
Paris-based Back Market, an online marketplace for refurbished iPhones and other devices, raises $510M led by Sprints Capital at a $5.7B valuation  —  Fresh funding for electronics reseller underscores heady market for startups in Europe  —  Back Market, an online marketplace …
Mitchell Clark / The Verge:
The Associated Press will launch a photojournalism NFT marketplace built by blockchain tech provider Xooa on January 31, with sales used to fund its journalism  —  It's offering collectors ‘exclusive, historic, and stunning visual content’  —  The Associated Press, or AP …
Gillian Tan / Bloomberg:
Supply chain visibility startup Project44 raises $240M led by TPG, Thoma Bravo, and Goldman Sachs at a $2.4B valuation  —  Project44, a startup that enables the world's largest companies to track shipments across the global supply chain, reached a $2.4 billion valuation after raising $240 million …

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