Techmeme
January 11, 2022, 9:20 PM

Top News

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
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.
Nick Statt / Protocol:
Clones of one-a-day word guessing web game Wordle spring up on the App Store, many with ads or subscriptions, capitalizing on Wordle's popularity  —  Wordle is the newest viral game taking over your Twitter feed and group chats, and with popularity comes cloning.
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
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.
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 …
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.
Talal Ansari / Wall Street Journal:
Celebrities including Kim Kardashian sued in a proposed class action suit for allegedly leading investors into an EthereumMax cryptocurrency pump-and-dump scam  —  Lawsuit alleges celebrities made false or misleading statements to investors about EthereumMax; company disputes allegations
Mike Colias / Wall Street Journal:
GM plans to launch an online used vehicle marketplace this spring called CarBravo, which will leverage its dealer network to compete with CarMax and Carvana  —  The Detroit auto maker is rolling out CarBravo, a new business that helps dealers put their used-car lots online
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.
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.”
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

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David Cohen / Adweek:
Javier Espinoza / Financial Times:
Mitchell Clark / The Verge:
Sean Hollister / The Verge:
Joe Rossignol / MacRumors: