Techmeme
January 21, 2022, 11:50 AM

Top News

Salvador Rodriguez / Wall Street Journal:
Twitter will let iOS users of its Blue subscription service use NFTs as hexagon-shaped profile pictures  —  Service will be available to some users of the company's Blue subscriber service  —  Twitter Inc. will start allowing some users to use nonfungible tokens as their profile pictures …
New York Times:
Alana Semuels / TIME:
Intel commits $20B to build at least two semiconductor fabrication plants on a 1,000-acre site by 2025, employing at least 3,000 people in New Albany, Ohio  —  As part of an effort to regain its position as a leading maker of semiconductors amidst a global chip shortage …
Todd Spangler / Variety:
Netflix reports Q4 revenue of $7.71B, up 16% YoY, net income of $607M, 222M paid subscribers, and $30B in 2021 revenue, up 19%; stock down 25%+ on weak guidance  —  Netflix ended 2021 with a slightly lower-than-expected subscriber gain in the fourth quarter, and its stock took a dive with a weak Q1 outlook.
Reuters:
Investigation finds that Binance withheld info from regulators and maintained weak checks on customers even as it publicly welcomed regulatory oversight  —  In public, Binance said it welcomed government oversight.  At the same time, the firm was withholding information from regulators …
Lauren Feiner / CNBC:
The Senate Judiciary votes 16-6 to advance the American Innovation and Choice Online Act, which would stop platforms from favoring their products over rivals'  —  The Senate Judiciary Committee voted 16-6 Thursday to advance a major tech competition bill, which some experts consider lawmakers' best shot …
Tiernan Ray / ZDNet:
Meta details Data2vec, a self-supervised algorithm that unifies the process of training a neural network to learn the same across speech, images, and text  —  By eschewing data-specific outputs for internal representations, Meta aims for a more-general sort of AI.
Lorenzo Franceschi-Bicchierai / VICE:
OpenSea suffered a database outage affecting some services that rely on its APIs to display NFTs, including Twitter and MetaMask; the issue has been fixed  —  A Thursday outage interfered with the ability of MetaMask, which depends on OpenSea, to automatically display new NFTs.  —  Lorenzo Franceschi-Bicchierai
Andrew Asmakov / Decrypt:
Crypto.com says its breach affected 483 users, resulting in unauthorized cryptocurrencies withdrawals worth ~$33.84M, and all users were reimbursed the same day  —  Cryptocurrency exchange Crypto.com has lost roughly $34 million in a recent security incident, according to a post-mortem released on Thursday.

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Earlier Picks

Jeff Cox / CNBC:
John Paczkowski / BuzzFeed News:
Kurt Schlosser / GeekWire:
Financial Times:
Mack DeGeurin / Gizmodo: