Techmeme
January 12, 2022, 10:10 AM

Top News

Sam Reynolds / CoinDesk:
Jack Dorsey and others propose a legal defense fund for Bitcoin developers, citing “multi-front litigation” and “threats”  —  The main purpose of the fund will be to defend developers from from lawsuits regarding their activities in the Bitcoin ecosystem …
Ron Amadeo / Ars Technica:
Samsung, which had announced a January 11 event for the Exynos 2200, didn't show up to its own product launch  —  The Exynos 2200 was supposed to launch on January 11.  It didn't.  Nobody knows why.  —  So here's a crazy story.  Samsung was supposed to have a big SoC launch today, but that launch did not happen.
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
Bloomberg:
Sony confirms PlayStation 4 production will continue in 2022, which sources claim will help the company offset some PlayStation 5 production pressure  —  Sony Group Corp. will continue producing PlayStation 4 consoles throughout 2022 as it navigates disruptions to the global supply chain …
Lucy Harley-Mckeown / The Block:
Coinbase says “nearly the entire company will shut down” across four separate “recharge weeks” for employees in 2022 to avoid burnout  —  Quick Take  — Coinbase is giving employees four ‘recharge weeks’ off in 2022 in order to counteract what it called an intense working environment.
Sarah Perez / TechCrunch:
App Annie: consumers spent $170B on mobile apps globally in 2021, up 19% YoY, with 230B app downloads; the average American spent 4.1 hours on apps per day  —  Consumer spending on mobile apps reached $170 billion in 2021, according to App Annie's newly released “State of Mobile 2022″ report …
Mitchell Clark / The Verge:
Wordle clones are starting to disappear from Apple's App Store, after reports surfaced about many capitalizing on the guessing game's popularity  —  It seems Apple has taken action  —  Has Apple taken action against apps that cloned the popular web game Wordle?
Dina Bass / Bloomberg:
Magic Leap has pivoted towards health care, defense, and manufacturing markets with Magic Leap 2, which will cost more than the Leap 1's $2,295-$2,995 price tag  —  The company has enlisted companies such as heart-mapping startup SentiAR and neurotech business SyncThink to try out its new technology
Tweets: @stevekovach
Bloomberg:
Alphabet Workers Union complains that contract workers receive COVID-19 testing that is inferior to the $949 Cue Health devices given to full-time WFH employees  —  - Full-time employees at home get instant results from Cue  — Contractors in office are offered cheaper mail-in tests
Talal Ansari / Wall Street Journal:
Kim Kardashian and other celebrities are facing a class action lawsuit 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
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.

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