Techmeme
January 24, 2022, 10:45 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple is readying the widest array of new hardware products in its history this fall; LinkedIn shows Apple car exec Joe Bass has left for Meta  —  Apple Inc. is nearing its first launch event of the year, with a new iPhone SE and iPad on tap.  Also: The company takes another hit …
Sami Fathi / MacRumors:
Netherlands fines Apple €5M, saying Apple's changes to IAP payments “failed to satisfy the requirements”; the fine rises €5M/week to €50M until Apple complies  —  The Dutch Authority for Consumers and Markets (ACM) has ruled that Apple's plan to allow App Store dating apps …
Cat Zakrzewski / Washington Post:
District of Columbia, Texas, Washington, and Indiana AGs sue Google, alleging it deceived users to gain access to their location data from at least 2014  —  The complaints allege the company has deployed ‘dark patterns,’ design tricks that can subtly influence users' decisions in ways that are advantageous for a business
Elliptic Blog:
Research: an OpenSea bug is being exploited to purchase NFTs at below-market rates before flipping them, netting $1M+ across at least eight NFTs in 12 hours  —  A bug on NFT marketplace OpenSea is being exploited to purchase NFTs at well below market value.
M.G. Siegler / 500ish:
There will be no bursting bubble, just a deflating balloon of high growth tech stock valuations returning to normal as factors that inflated them go away  —  Spoiler: the “Bubble” was a Balloon.  And it's deflating.  —  Note: The below all seems fairly obvious, but given the amount …
Kirsty Needham / Reuters:
Australian PM Scott Morrison lost control of his official WeChat account months ago, while the still-active account now promotes Chinese life in Australia  —  Australia's Prime Minister Scott Morrison's Liberal Party lost access to his official WeChat social media account months ago …
Luca Bertuzzi / Euractiv:
EU Parliament passed Digital Services Act, including provisions banning targeted ads based on highly sensitive personal data, limiting dark patterns, and more  —  A large majority of MEPs voted in favour of the Digital Services Act on Thursday (20 January), after plenary amendments introduced important changes to the text.
Javier Espinoza / Financial Times:
Hundreds of German publishers, including Axel Springer, say Google is breaking EU law with its move to phase out third-party cookies from Chrome by next year  —  Axel Springer among the media groups demanding that Brussels intervene on search giant's plan  —  Google is facing a fresh complaint …
Frank Chaparro / The Block:
DeFi traders complain about network instability that hit Solana this weekend, four months after its last outage; Solana pushes update to fix “the worst effects”  —  Jim Greco, like many traders who have had to deal with the Solana network's outage over the last few days, is annoyed.
Sylvia Pfeifer / Financial Times:
Autonomous air taxi startup Wisk Aero, a joint venture between Boeing and Kitty Hawk, raises $450M from Boeing  —  US manufacturer's Wisk investment is latest sign of investor appetite in emerging sector  —  Boeing has committed another $450m in an existing joint venture focused …
More: Reuters

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