| 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| Casey Newton / Platformer: |
The FTC's suit against Meta comes too late to really matter, but its scrutiny of Meta's VR acquisitions shows it's determined not to make the same mistake twice — Why an FTC inquiry into the company's VR ambitions matters more than today's lawsuit ruling — Just over 13 months ago … | 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.| 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.| 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| 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.| 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.| 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.| 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 … | Financial Times: |
Sources: Didi begins informal talks with the Hong Kong stock exchange about a public listing, as it courts state-backed groups to placate the Chinese government — China's leading ride-hailing app has begun negotiations — but obstacles are significant — Didi has begun informal discussions … | 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.| 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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This is a Techmeme archive page. It shows how the site appeared at 9:20 PM ET, January 11, 2022.
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| Ingrid Lunden / TechCrunch: |
| Javier Espinoza / Financial Times: |
| Mitchell Clark / The Verge: |
| Sean Hollister / The Verge: |
| Joe Rossignol / MacRumors: |