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January 24, 2022, 2:15 PM
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memeorandum
WeSmirchTop News
| CNBC: |
The cryptocurrency market has lost ~$130B over the past 24 hours; bitcoin and ether reached their lowest levels since July and are down 50%+ from all-time highs — - The cryptocurrency market had around $130 billion wiped off its value over 24 hours as the multi-day sell-off of major digital coins accelerated.
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Bloomberg, Financial Times, Tom's Hardware, Bloomberg, CoinDesk, Financial Times, Reuters, iPhone in Canada Blog, Fortune, Cointelegraph, CapGainz 🚀, CoinDesk, Slashdot, and Under60
Tweets: @zhusu, @fintechfrank, @samro, and @fintechfrank
| James Vincent / The Verge: |
Meta unveils AI Research SuperCluster, a supercomputer for ML training, claiming it will have 16K GPUs and be the world's fastest upon completion in mid-2022 — Designed to train the next-generation of machine learning systems — Social media conglomerate Meta is the latest tech company to build an … | Cat Zakrzewski / Washington Post: |
District of Columbia, Texas, Washington, and Indiana AGs sue Google for allegedly deceiving 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| Sami Fathi / MacRumors: |
The Netherlands fines Apple €5M, saying Apple's IAP payment changes “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 …
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Authority for Consumers & Markets, Silicon Republic, TechCrunch, AppleInsider, Benzinga, Thurrott, 9to5Mac, Reuters, iMore, iPhone in Canada Blog, iPhone Hacks, iClarified, and Daring Fireball
Tweets: @timsweeneyepic, @dhh, and @keleftheriou
| 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 is being exploited to purchase NFTs from users of OpenSea, at well below market value. Since this morning …
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CoinDesk, The Record, Reuters, VICE, The Verge, and SiliconANGLE
Tweets: @yakirrotem, @backlon, @ncweaver, @tomrobin, @yakirrotem, @charlesarthur, @ncweaver, @therecord_media, @reviewinc101, and @carnage4life
| Wall Street Journal: |
Internal docs: Facebook's low-data service for developing countries, advertised as being free, has regularly led to unexpected charges for users for months — Its program for low-income countries, designed to boost growth outside the U.S., leads to unexpected charges; the company blames software glitches
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Protocol. Tweets: @newley, @newley, @orientaljanedoe, @orientaljanedoe, @orientaljanedoe, @brooklynmarie, @justinhendrix, @davidgross_man, @wsj, @orientaljanedoe, @lmatsakis, and @lmatsakis
| 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 …
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ZDNet, Agence France-Presse, Social Media IO Roundup, Insider, The Register, Bloomberg, and Associated Press. Tweets: @kirstylneedham
| Javier Espinoza / Financial Times: |
Hundreds of German advertisers and publishers, including Axel Springer, say Google is breaking EU law by phasing out third-party cookies from Chrome by 2023 — Axel Springer among the media groups demanding that Brussels intervene on search giant's plan — Google is facing a fresh complaint …
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TechCrunch and AppleInsider
Tweets: @javierespft, @eric_seufert, @martinsfp, @jason_kint, @garjoh_canuck, @lukolejnik, @wblau, and @mikarv
| Dan Muse / VentureBeat: |
Chip startup Ceremorphic raises a $50M Series A and unveils QS 1, which is built on TSMC's 5nm node and designed to excel at tasks like AI model training — Today, Ceremorphic, a startup, is coming out of stealth mode with $50 million of series A funding along with the announcement of the QS 1 chip …
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SiliconANGLE and HPCwire
| Manish Singh / TechCrunch: |
Indian food delivery service Swiggy raises a $700M Series K led by Invesco, source says at a $10.7B valuation; Swiggy was valued at $5.5B in July 2021 — Swiggy, India's top food delivery startup, has raised $700 million in a new financing round, just six months after securing $1.25 billion … | Ingrid Lunden / TechCrunch: |
Deliverect, which integrates online orders from various food delivery services into restaurants' POS systems, raises a $150M Series D at a $1.4B+ valuation — As we have started to see the light at the end of the Covid-19 tunnel, food delivery has shaped up to continue to be a major business.| 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 …
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Reuters
| Michael Pooler / Financial Times: |
Report: VC investment into Latin America reached $15.3B in 2021 across 650+ deals, up from a record $4.9B in 2019; fintech was 39% of all investments — Fintech continues to be biggest draw as 16 new ‘unicorns’ minted in the region — Venture capital investment into Latin America has tripled …
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Bloomberg
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