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January 19, 2022, 8:20 PM
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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
Microsoft:
Microsoft plans to acquire Activision Blizzard for $68.7B in cash, or $95/share, in FY 2023; Activision's stock, which closed last week at $65.39, jumps 25%+
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
Bloomberg:
Sources: Activision Blizzard tried to find other buyers, including Meta, while weighing a potential Microsoft takeover after the WSJ's exposé in November
Sarah Perez / TechCrunch:
Instagram Subscriptions launches as an alpha, initially letting 10 US creators offer their followers 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.
Emma Roth / The Verge:
AT&T begins its 5G C-band rollout in eight US metro areas, including Austin and Chicago, after delaying rollouts around airports due to safety concerns  —  The company is lighting up towers in just eight locations amidst pushback from airlines  —  AT&T is lighting up its expanded 5G service …
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
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.
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 …
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
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.
Sean Lyngaas / CNN:
Red Cross says a cyberattack on a vendor for over 60 Red Cross and Red Crescent societies compromised the personal data of 515,000+ “highly vulnerable people”  —  (CNN)A cyberattack on a contractor used by the International Committee of the Red Cross (ICRC) has compromised …
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
Abner Li / 9to5Google:
Google says it will transition organizations using G Suite legacy free edition to an upgraded Google Workspace paid subscription starting on July 1  —  In 2020, G Suite became Google Workspace as part of a mass reorganization of the company's apps for the “future of work.”
Lucas Matney / TechCrunch:
Autograph, an agency co-founded by Tom Brady that helps celebrities get involved with NFTs, raises a $170M Series B co-led by a16z and Kleiner Perkins  —  Autograph, an NFT agency co-founded by athlete Tom Brady with a particularly deep bench of star power, has banked new funding …
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 …
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.
Lucas Matney / TechCrunch:
POAP, or Proof Of Attendance Protocol, which issues NFTs as “mementos” to attendees of real-world events, raises a $10M seed led by Archetype and Sapphire Sport  —  If blockchains are immutable records of our digital history, what kinds of history do we want to inscribe on them?
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.
Emma Betuel / TechCrunch:
Gale Healthcare, which matches nurses with available work shifts at hospitals or clinics, raises $60M from FTV Capital and says 40K nurses use its service  —  If there was ever a rubber-meets road moment for six-year-old app Gale Healthcare Solutions, it's probably right now.
More: FinSMEs

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This is a Techmeme archive page. It shows how the site appeared at 8:20 PM ET, January 19, 2022.

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From Mediagazer

CNN:
US Senator Tom Cotton blocks an effort by Senate Democrats to pass the PRESS Act, which would shield journalists and sources, after Trump opposed it last month

Diana Falzone / Mediaite:
Source: Newsmax's COO told staff that those covering Pete Hegseth, Trump's secretary of defense nominee, needed to “focus on the positive” or face termination

Sara Fischer / Axios:
The Free Press hires WSJ editor-turned-banker Dennis Berman as its first publisher and president and media product veteran Daniel Hallac as chief growth officer

More News

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”

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