Techmeme
January 17, 2022, 9:25 PM

Top News

Ashley Rodriguez / Insider:
Social Capital founder and CEO Chamath Palihapitiya says the “ugly truth” is “nobody cares about what's happening” to Uyghurs in China, himself included  —  - Chamath Palihapitiya said “nobody cares about what's happening” to Uyghur Muslims in China.
New York Times:
Game publishers' plans to add NFTs to games have sparked a fierce backlash from gamers, who have long resented the growing number of micro transactions in games  —  Game publishers are offering NFTs, but skeptical gamers smell a moneymaking scheme and are fighting back.
Kirsten Grind / Wall Street Journal:
Activision Blizzard says 37 employees have “exited” and 44 have been disciplined since July as part of its investigation over workplace misconduct allegations  —  Company's actions have come in the wake of pressure from investors, business partners and employees to address complaints over its handling of misconduct issues
Eric Benjamin Seufert / Mobile Dev Memo:
Apple clarifies it will still collect a commission from Dutch developers using third-party payments; Google will too in South Korea, just lowering its fee by 4%  —  On December 24th of last year, the Netherlands' competition regulator, the Authority for Consumers and Markets (ACM) …
Financial Times:
In February, Spain will start requiring influencers and sponsors promoting cryptocurrencies to pre-notify authorities and warn of investing risks or face fines  —  Watchdog imposes landmark restrictions amid concerns for investors in unregulated sector  —  Spain is imposing restrictions …
Alberto Nardelli / Bloomberg:
Amazon reverses its plan to ban the use of Visa credit cards in the UK, set to start on January 19; the company had cited high transaction fees  —  Amazon.com Inc. has emailed U.K. customers to say that a planned ban on Visa credit cards will no longer take place.
Olga Kharif / Bloomberg:
BitPay says Bitcoin use by its merchants fell to ~65% of crypto payments, down from 92% in 2020, as Ether purchases rose to 15% and stablecoins grew to 13%  —  Consumers and businesses are increasingly starting to use digital tokens other than Bitcoin for purchases, according to BitPay Inc. …
Microsoft Security Blog:
Manish Singh / TechCrunch:
India-based agritech startup Arya, which helps farmers in South Asia store and sell their produce and secure credit, raises a $46M Series C and $14M as debt  —  Indian agritech startup Arya, which reaches hundreds of thousands of farmers in the South Asian market and helps them store and sell …
Sam Shead / CNBC:
Autonomous driving startup Wayve, which relies on machine learning to teach a car how to drive instead of hardware like lidar sensors, raises a $200M Series B  —  - Wayve did not disclose the new valuation but it's likely to be in excess of $1 billion, which would make it a so-called “unicorn” company.
Bloomberg:
How Netflix succeeded in South Korea, including by developing ideas considered too risky for broadcasters and licensing local content overseas  —  It took “Squid Game” just four weeks this past fall to become the most-watched Netflix Inc. show ever released in any language.

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