Techmeme
January 14, 2022, 4:30 PM

Top News

Wall Street Journal:
State AGs' lawsuit alleges Google misled publishers and advertisers for years about ad pricing by deflating sales for some while increasing prices for buyers  —  Details show Google employees fretting its ad tech auctions were ‘untruthful’ and based in ‘insider information’
Leah Nylen / Politico:
In court docs, state AGs allege that Mark Zuckerberg and Sundar Pichai personally approved a secret 2018 deal giving Facebook advantages in Google's ad auctions  —  Facebook CEO Mark Zuckerberg and Google chief executive Sundar Pichai personally approved a secret deal that gave the social network …
Bloomberg:
Sources: Apple's mixed reality headset faces overheating, camera, and software problems, which may postpone its WWDC unveiling and delay its launch into 2023  —  Apple Inc. is considering pushing back the debut of its mixed-reality headset by at least a few months, potentially delaying …
Lisa Richwine / Reuters:
Netflix raises monthly subscription prices by $1 to $2 in the US and Canada, with the standard US plan now costing $15.49 per month, up from $13.99  —  Netflix Inc has raised its monthly subscription price by $1 to $2 per month in the United States depending on the plan, the company said on Friday …
Bloomberg:
Ukraine says a cyberattack brought down several government agency websites for hours, but their content was not changed and no sensitive data was stolen  —  Ukraine said a cyberattack brought down the websites of several government agencies for hours.  Authorities didn't immediately comment …
Gabrielle Tétrault-Farber / Reuters:
Russia's FSB says it detained and charged REvil ransomware gang members at the request of the US; source: Russian citizens won't be handed over to the US  —  Russia's FSB security service conducted a special operation against ransomware crime group REvil at the request of the United States …
Bloomberg:
Sources: the FTC and multiple states led by New York are investigating Meta's Oculus VR unit over potential anti-competitive practices  —  The U.S. Federal Trade Commission and multiple states are investigating Meta Platforms Inc.'s virtual reality unit Oculus over potential anti-competitive practices …
Joanna Partridge / The Guardian:
Google plans to buy London's Central Saint Giles development, which includes 408K square feet of office space and 100+ residential apartments, for $1B  —  Site will have space for 10,000 UK employees who will work under hybrid workplace model  —  Google has announced a $1bn (£871m) …
Aoyon Ashraf / CoinDesk:
Block says it is building an open-source bitcoin mining system to make mining more “distributed and efficient”, after Jack Dorsey teased the idea in October  —  The payment services company formerly known as Square is open to building new mining computers and is hiring for a new engineering team.
Frank Chaparro / The Block:
Crypto exchange FTX launches FTX Ventures, a $2B venture fund for crypto startup investments to be led by former Lightspeed partner Amy Wu  —  Quick Take  — FTX has launched a new venture unit, FTX Ventures  — The exchange operator has set aside $2 billion for the new fund
Mike Butcher / TechCrunch:
Meta faces a $3.1B UK class action suit alleging it abused Facebook's market dominance and set an “unfair price” for 44M UK users' data from 2015 to 2019  —  A competition legal expert, backed by a powerful litigation fund, is to mount a multibillion-dollar class action suit …
Yogita Khatri / The Block:
Lukka, a crypto asset data and enterprise software provider, raises a $110M Series E led by Marshall Wace at a $1.3B valuation  —  Lukka, a crypto firm that provides data services and enterprise software tools, has raised $110 million in a Series E funding round and is now valued at $1.3 billion.

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