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January 11, 2022, 5:50 PM
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memeorandum
WeSmirchTop News
| 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
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The Block, SiliconANGLE, Bloomberg, Protocol, New York Times, Blockworks, Crypto Briefing, Bloomberg, CNBC, Financial Times, Reuters, and CoinDesk
Tweets: @matthuang, @randallcornett, @iamnomad, @street_og_, @tradestrey, @alexandergerko, and @apompliano
| Cat Zakrzewski / Washington Post: |
Federal judge rules FTC's amended suit alleging Meta has a monopoly can move forward, after a ruling last year threw out FTC's complaint over lack of evidence — The decision is a reversal of fortune for the agency after its first complaint was thrown out last year
More:
Engadget, documentcloud.org, Protocol, Forbes, NPR, CNET, The Verge, Wall Street Journal, Financial Times, AppleInsider, Reuters, Bloomberg, CNBC, New York Times, Tech Policy Press, and Slashdot
| 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 …
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Reuters, The Verge, TechCrunch, Digital Trends, CNET, Computerworld, MacRumors, iPhone in Canada Blog, MacDailyNews, XDA Developers, iMore, PYMNTS.com, 9to5Mac, Wccftech, MediaNama, Cult of Mac, Engadget, Protocol, WRAL TechWire, Philip Elmer‑DeWitt, Six Colors, iThinkDifferent, GSMArena.com, MACお宝 …, iPhone Hacks, and AppleInsider
Tweets: @timsweeneyepic, @appfairness, @eric_seufert, @eric_seufert, and @wholemarsblog
| Meta: |
Meta elects DoorDash co-founder and CEO Tony Xu to its board of directors; Zuckerberg says Xu has experience “solving complex challenges in commerce” — Meta today announced that Tony Xu, co-founder and CEO of DoorDash, Inc., has been elected to the company's board of directors, effective immediately.
More:
TechCrunch, Bloomberg, and Insider
Facebook: Mark Zuckerberg. Tweets: @t_xu, @rabois, @eliotwb, @kurtwagner8, @warmoth, @cityofthetown, @mikeisaac, @sarthakgh, and @post_market
| Ryan Smith / AnandTech: |
PCI Special Interest Group finalizes its PCIe 6.0 specification, doubling PCIe 5.0's speeds and reaching 128GBps in x16 slots; it is expected in servers in 2023 — This morning the PCI Special Interest Group (PCI-SIG) is releasing the much-awaited final (1.0) specification for PCI Express 6.0.
More:
Business Wire, VideoCardz.com, PCMag, AppleInsider, and PCWorld
| 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.”
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Windows Central, TechRadar, Engadget, HotHardware.com News, PC Gamer, Input, Ars Technica, The Verge, MSPoweruser, Eurogamer.net, Tom's Guide, Gameranx, purexbox.com, Destructoid, Forbes, TechSpot, GamingBolt, Gamereactor UK, Game Rant, Wccftech, GameSpot, Game Developer, thegamer.com, SegmentNext, IGN, Twinfinite, and Dot Esports
Tweets: @nytopinion, @italianclownz, @yangcliu, @xcloudtimdog, @jasonschreier, @rjcc, and @tomwarren
| 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.
More:
Windows Central, Halo Waypoint, XBoX Forums, TechSpot, TechRadar, SlashGear, purexbox.com, and IGN
Tweets: @epro, @tomwarren, @drunkn_buddha, @carnage4life, @known_as_phenom, @kahliefadams, @jaglemans, and @carnage4life
| Mary Ann Azevedo / TechCrunch: |
Brex, which offers online financial tools for startups and SMBs, raises a $300M Series D-2 at a $12.3B valuation, bringing its total funding to $1.2B — In the latest fintech megaround, Brex has confirmed that it has raised $300 million in a Series D-2 round that ups its valuation to $12.3 billion.
More:
Protocol, Business Wire, PYMNTS.com, Crowdfund Insider, FinSMEs, and CTech
| Jonathan Greig / ZDNet: |
Check Point: the number of cyber attacks per week on corporate networks in 2021 grew 50% YoY, peaking towards the end of the year, largely due to the Log4j flaw — Check Point Research said that among its customers, there was a 50% increase in overall attacks per week on corporate networks compared to 2020.
Source:
Check Point Software. More:
TechSpot, Threatpost, Dark Reading, VPNoverview.com, infosecurity-magazine.com, and TechCircle
| Chance Miller / 9to5Mac: |
T-Mobile says it has “not broadly blocked” iCloud Private Relay, blaming a bug in iOS 15.2, but says customers with content filtering plans won't have access — T-Mobile has officially acknowledged a bug that has blocked some subscribers from using iCloud Private Relay when connected to cellular networking.
More:
MacRumors, The Verge, Ars Technica, AppleInsider, Neowin, Wired UK, KnowTechie, and MacDailyNews
Tweets: @markgurman and @chancehmiller
| TechCrunch: |
Peer-to-peer car sharing marketplace Turo files its S-1, showing it had a $97.1M net loss on net revenue of $149.9M in 2020, up 6% YoY — Peer-to-peer car-sharing startup Turo has released its filing to become a publicly traded company in the United States, a process the company began confidentially in August.
More:
SiliconANGLE, The Verge, PhocusWire, Wall Street Journal, PYMNTS.com, and Reuters
| 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.
More:
GeekWire, Wall Street Journal, The Register, PCMag, Silicon Valley Business …, TheStreet, and Neowin
Tweets: @epro, @kurtwagner8, @tomaxwell, and @markgurman
| Alan Boyle / GeekWire: |
Phoenix-based Mangata, which is building a satellite constellation for connectivity and edge computing for 2024, raises a $33M Series A led by Playground Global — BELLEVUE, Wash. — Mangata Networks, a Phoenix-based startup with links to the Seattle area, has closed a $33 million investment round … | 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
More:
Gizmodo, The Mozilla Blog, Malwarebytes Labs, and TechRadar
Tweets: @juliaangwin, @swodinsky, @baekdal, @jason_kint, @jkosseff, @mmasnick, and @rsbutner
| 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
More:
TechCabal. Tweets: @wendysiegelman, @austinj, @michaelkruse, @chaddickerson, @darickr, @karaswisher, @vermontgmg, @brianstelter, @markseibel, and @gaberivera
| The Cloudflare Blog: |
Ransom DDoS attacks in Q4 2021 rose 29% YoY and 175% QoQ; China has the highest percentage of originating network traffic for application-layer attacks — This post is also available in 日本語, Deutsch, Français, Español, 한국어.| Susan Decker / Bloomberg: |
Research: Huawei received 2,770 US patents in 2021, behind IBM, Samsung, Canon, and TSMC; US companies got under half of the 327,329 US patents issued in 2021 — Huawei Technologies Co. is continuing to move up the list of companies getting the most U.S. patents, according to a new study …
More:
ZDNet, PYMNTS.com, PR Newswire, and Huawei Central
| Javier Espinoza / Financial Times: |
As the EU finalizes its Digital Markets Act, Google is making a last-ditch lobbying effort with ads, emails, and social media posts targeted at politicians — Group targets Brussels officials and politicians with advertising, emails and social media posts — Google is making a last-ditch effort …
More:
AppleInsider. Tweets: @jason_kint, @stewartmcdonald, @b_fung, @andreas_schwab, and @financialtimes
| 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.
More:
Light Reading and The Robot Report
| Ingrid Lunden / TechCrunch: |
Miami-based Novo, a neobank for SMBs, raises a $90M Series B led by Stripes at a $700M valuation — Novo, the startup building a new kind of banking service from the ground up for small and medium businesses, has closed a significant round of funding to take the next step in growing its platform.Sponsor Posts
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Enhancements to Zoho Writer's automation flow designer: New PDF operations, password protection, and more — Once we rolled out the automation flow designer in Zoho Writer's merge templates …
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| Mitchell Clark / The Verge: |
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