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Techmeme
January 26, 2022, 8:00 AM
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Bloomberg:
Sources: Meta-backed Diem Association is talking to investment bankers about selling its IP to return capital to investors and giving its engineers a new home  —  The controversial cryptocurrency project that Mark Zuckerberg once defended in front of Congress is unraveling after regulatory pressure.
Microsoft Investor Relations:
Microsoft Q2: revenue of $51.7B, up 20% YoY, net income of $18.8B, up 21% YoY, Windows OEM revenue up 25%, LinkedIn revenue up 37%, and Surface revenue up 8%  —  Earnings Release FY22 Q2 - REDMOND, Wash. — January 25, 2022 — Microsoft Corp. today announced the following results …
Jason Schreier / Bloomberg:
Sources: Microsoft will keep Activision Blizzard agreements for three new Call of Duty games on PlayStation in the next two years, but long-term plans are hazy  —  Activision Blizzard Inc., which is being bought by Microsoft Corp., will release at least the next three games in its hit Call …
Eric Martin / Bloomberg:
The IMF's board urges El Salvador to strip Bitcoin of its status as legal currency due to its large risks, a major obstacle to the country's $1.3B loan request  —  The International Monetary Fund's board urged El Salvador to strip Bitcoin of its status as legal currency due to its large risks …
Ionut Ilascu / BleepingComputer:
Researchers find a 12-year-old vulnerability in Polkit that local attackers can use to gain root privileges on all major Linux distributions; an exploit is out  —  A vulnerability in Polkit's pkexec component that is present in the default configuration of all major Linux distributions …
Shannon Liao / Washington Post:
Activision Blizzard declines to voluntarily recognize a union formed by 34 QA testers at Raven Software, after failing to reach an agreement with the CWA  —  Activision Blizzard did not respond to workers' request for recognition of a union formed by quality assurance testers at Raven Software, the workers said Tuesday evening.
Jay Peters / The Verge:
Ryan Wyatt, YouTube's gaming head who oversaw big deals to poach Twitch's star streamers, leaves to grow Ethereum scaling startup Polygon's developer ecosystem  —  Ryan Wyatt will be at YouTube until the end of February  —  Ryan Wyatt, YouTube's head of gaming who oversaw some of its big deals …
Jason Koebler / VICE:
President Biden backs consumers' right to repair and acknowledges the anticompetitive practices of electronics manufacturers  —  “Too many areas, if you own a product, from a smartphone to a tractor, you don't have the freedom to choose how or where to repair that item you purchased.”
Chance Miller / 9to5Mac:
After reports of AirTags being used for stalking, Apple releases a Personal Safety User Guide, covering AirTags alerts, information for Android users, and more  —  Apple has launched a new “Personal Safety User Guide” that aggregates details and support documents that can help users “when your personal safety is at risk.”
Frank Chaparro / The Block:
Crypto exchange FTX's American affiliate, FTX.US, raises $400M at an $8B valuation from Paradigm, SoftBank, and others, its first outside funding  —  FTX's American affiliate, FTX.US, has joined the crypto unicorn club after closing its first-ever fundraising round.
Dave Lee / Financial Times:
Sources: Amazon has abandoned its much-maligned campaign of paying warehouse employees to share positive messages on social media after embarrassing backfires  —  Paying warehouse workers to tweet positive comments is dropped after poor reach and embarrassing backfires
Bloomberg:
The US Commerce Department says the global chip shortage will stretch into at least H2 2022, based on information from 150+ companies in the chip supply chain  —  The Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this year …
Todd Spangler / Variety:
In a YouTube creator update, Susan Wojcicki defends hiding dislikes, discusses adding NFT support, says creators making over $10K/year jumped 40% YoY, and more  —  YouTube is touting the explosive popularity of its TikTok-style short-form Shorts video feature — and says it's going to test …
Kim Zetter / The Verge:
How hacker Joe Grand used a fault-injection attack to crack a Trezor One hardware wallet to recover $2M in cryptocurrency for two friends who forgot the PIN  —  In early 2018, Dan Reich and a friend decided to spend $50,000 in Bitcoin on a batch of Theta tokens, a new cryptocurrency then worth just 21 cents apiece.
Frederic Lardinois / TechCrunch:
Google shutters FLoC, its controversial ad tech for replacing third-party cookies, and proposes Topics, which categorizes the sites users visit into 300+ topics  —  FLoC (Federated Learning of Cohorts), Google's controversial project for replacing cookies for interest-based advertising …
Cherlynn Low / Engadget:
Samsung announces its Galaxy Unpacked “The Epic Standard” event will be held virtually on February 9 at 7am PT, where it's expected to unveil the Galaxy S22  —  After its president TM Roh teased “the most noteworthy S series device we've ever created”, Samsung is announcing today when we can learn more.
Catherine Shu / TechCrunch:
Manila-based GrowSari, which helps Filipino MSMEs to digitize, offer bill payments, launch e-commerce stores, and more, raises $45M from KKR  —  GrowSari, the Manila-based startup that helps small shops grow and digitize, announced today that KKR will lead its Series C round with a $45 million investment.
Aisha Malik / TechCrunch:
Poland-based Infermedica, whose AI tools offer symptom analysis and patient triage, raises a $30M Series B led by One Peak, bringing its total funding to $45M  —  Infermedica, a Poland-founded digital health company that offers AI-powered solutions for symptom analysis and patient triage, has raised $30 million in Series B funding.
More: FinSMEs and EU-Startups
Elizabeth Culliford / Reuters:
Twitter: governments made 43,387 content removal demands from a record 196,878 accounts in H1 2021; 95% came from Japan, Russia, Turkey, India, and South Korea  —  Twitter said governments around the world made requests to remove content from a record number of user accounts between January …
Chester Wisniewski / Sophos News:
The immediate threat of attackers mass exploiting Log4Shell was averted because the severity of the bug galvanized digital and security communities into action  —  Sometimes, when a software crisis doesn't cause the kind of devastation everyone expects, it is because there may not have been a crisis in the first place.
More: ZDNet

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This is a Techmeme archive page. It shows how the site appeared at 8:00 AM ET, January 26, 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.

From Mediagazer

Daniel Thomas / Financial Times:
Interview with WPP CEO Cindy Rose, who says AI puts pressure on the ad agency's pricing and WPP has 10K data scientists and software engineers and 12K creatives

Paul Glynn / BBC:
HarperCollins UK drops children's author and comedian David Walliams following allegations of inappropriate behavior toward young women

Robert D. McFadden / New York Times:
Lou Cannon, a veteran Washington Post reporter who wrote several influential biographies of Ronald Reagan, has died at 92

More News

Earlier Picks

Sapna Maheshwari / New York Times:
The FTC and Fashion Nova reach a $4.2M settlement over allegations that the fast-fashion clothing site suppressed product reviews of less than four stars
Aaron Gordon / VICE:
Google's three years of security updates for its older phones like 2018's Pixel 3 is planned obsolescence; new Pixels get five years of support vs. iPhones' ~6
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