Techmeme
January 19, 2022, 2:05 PM

Top News

Wall Street Journal:
Sources: in recent weeks, CEO Bobby Kotick suggested Activision Blizzard make an acquisition, including of trade publications like Kotaku and PC Gamer  —  After a lawsuit and a Journal report, the company's stock was falling, board members were getting anxious—and the tech giant was ready to take a gamble
Bloomberg:
Sony's stock fell 13% on Wednesday, its biggest drop since October 2008, wiping $20B off its valuation, after Microsoft announced its Activision Blizzard deal  —  Sony Group Corp. shares fell 13% in Tokyo on Wednesday, their biggest drop since October 2008, after PlayStation rival Microsoft Corp. announced …
Bloomberg:
Sources: Activision Blizzard tried to find other buyers, including Meta, while weighing a potential Microsoft takeover after the WSJ's exposé in November  —  Late last year, as Activision Blizzard Inc. and Chief Executive Officer Bobby Kotick were reeling from accusations that Kotick knew …
Microsoft:
Peter Kafka / Vox:
CNBC:
Apple and Google warn of harmful consequences to user privacy and security from two proposed Senate antitrust bills scheduled to be considered this week  —  - Apple warned in a letter on Tuesday that antitrust bills being considered in the Senate would increase the risk of security breaches to iPhone users.
Carly Page / TechCrunch:
Password management service 1Password raises a $620M Series C led by Iconiq Growth at a $6.8B valuation and says it now has 100K+ paying customers  —  Password management platform 1Password has closed a massive $620 million Series C funding round that raises the company's valuation to $6.8 billion.
Sarah Perez / TechCrunch:
Instagram Subscriptions launches as an alpha in the US, initially letting 10 creators offer paid access to exclusive Instagram Live videos and Stories  —  Instagram is giving creators more ways to make money with today's launch of Instagram Subscriptions.  The feature, which was spotted hitting …
Steve Dent / Engadget:
Opera unveils Crypto Browser Project, a beta browser for Windows, Mac, and Android, with a crypto wallet, access to crypto/NFT exchanges, dApps, and more  —  Opera has launched its Web3 “Crypto Browser” into beta with features like a built-in crypto wallet, easy access to cryptocurrency/NFT exchanges …
Dustin Volz / Wall Street Journal:
Biden signs a memorandum expanding the NSA's role in protecting sensitive government networks, and mandating cybersecurity practices at DoD and spy agencies  —  White House order mandates cybersecurity practices at Defense Department, spy agencies, contractors
Makena Kelly / The Verge:
Democratic lawmakers unveil the Banning Surveillance Advertising Act, which would ban targeted ads but allow broad location-based and contextual ads  —  It could reshape the entire tech industry  —  On Tuesday, Democrats introduced a new bill that would ban nearly all use …
NBC News:
Snapchat's friend recommendation feature will no longer suggest users under 18, unless they have a certain number of friends in common, to curb drug dealing  —  Exclusive: Snapchat executive on company's efforts to stop sale of counterfeit pills  —  Snapchat's parent company announced Tuesday …
Wall Street Journal:
AT&T and Verizon temporarily restrict 5G expansion near US airports, but a few airlines will still suspend some flights on Wednesday amid Boeing's guidance  —  Flight suspensions occur even as AT&T and Verizon agree to limit signals within 2 miles of runways to address air-safety concerns
Devin Coldewey / TechCrunch:
Ambient.ai, which uses AI to process live video footage from security cameras and alert users of breaches, raises $52M led by a16z  —  Security — as in “hey you, you can't go in there” — quickly becomes a complex, arguably impossible job once you get past a few buildings and cameras.
Katie Roof / Bloomberg:
Handshake, a diversity-focused recruitment network aimed at college students, raises a $200M Series F at a $3.5B valuation, up from $1.5B in May 2021  —  Handshake, a job network for recent college graduates, reached a valuation of $3.5 billion after a new round of financing.
Andrew Asmakov / Decrypt:
Crypto.com halted withdrawals on Monday and required users to sign back in and reset 2FA; research shows it lost 4,600+ ETH, worth ~$15M, in a presumed hack  —  The crypto exchange has reportedly lost at least $15 million in Ethereum, and security experts believe the true losses could be much higher.
Sarah Perez / TechCrunch:
Filmhub, which lets filmmakers distribute their work to over 100 streaming channels, including Amazon Prime Video and Apple TV, raises a $6.8M seed led by a16z  —  As the streaming market grows, so has the demand for content.  But even though it's now easier than ever for filmmakers to create …
Noah Kirsch / The Daily Beast:
Internal memo: Better.com CEO Vishal Garg resumes full-time duties over a month after taking time off following his controversial firing of ~900 staff on Zoom  —  The volatile founder had laid off hundreds of workers in an emotionless webinar, triggering widespread scorn online.
Clive Cookson / Financial Times:
The Royal Society finds social media sites banning misleading content is ineffective and can drive misinformation to “harder-to-address corners of the internet”  —  Risks of removing information rejected by the mainstream outweigh benefits, according to the Royal Society
Kate Rooney / CNBC:
The US OCC and Federal Reserve approve SoFi's bid to become a bank holding company via its Golden Pacific Bancorp acquisition; SoFi stock jumps 16%+ after hours  —  - San Francisco-based SoFi got approval from its two key regulators to become a bank holding company.
Arjun Kharpal / CNBC:
Chinese government data shows domestic smartphone shipments grew 15.9% YoY to 342.8M units in 2021, below the 371.7M smartphones shipped in 2019  —  - China domestic smartphone shipments jumped 15.9% year-on-year in 2021 to 342.8 million units, according to the China Academy of Information and Communications Technology (CAICT).

Sponsor Posts

Opal:
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Cache:
More than 10% of your net worth in one stock?  —  Cache helps protect your hard-earned wealth.  Swap your stocks for a diversified fund without a giant tax bill.  Once for the ultra-wealthy, now available for you.
Zoho:
What are the different types of order forms?  —  Remember that childhood lemonade stand where you proudly displayed a hand-drawn sign listing your refreshing beverage and its price?
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
The Logan Bartlett Show:
EP 108: Olivier Pomel (CEO, Datadog) Shares Every Lesson From Scaling to $40B
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Thu. 06/20 - Ilya Sutskever's New AI Startup
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:05 PM ET, January 19, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Keith Romer / New York Times:

Earlier Picks