Techmeme
January 26, 2022, 12:05 PM

Top News

Tom Warren / The Verge:
Microsoft plans to launch a public preview of Android apps for Windows 11, taskbar improvements, redesigned Notepad and Media Player, and more next month  —  New Notepad and Media Player apps also on the way  —  Microsoft is planning to launch a public preview of its Android apps for Windows 11 next month …
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.
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 …
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
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 …
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 …
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 …
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.
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 …
Ivan Lam / Counterpoint Research:
Chinese smartphone sales fell 9% YoY in Q4 2021 as full-year sales dropped 2% YoY; Apple became China's top vendor in Q4 after six years with 23% marketshare  —  - Smartphone sales in China declined (9% YoY) for the third consecutive quarter in Q4 2021.  — Full-year smartphone sales declined …
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.
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.”
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.”
Stephanie Bodoni / Bloomberg:
EU General Court overturns a record €1.06B fine for Intel, levied in 2009 over allegedly squeezing out AMD, saying the EU made key errors  —  Intel Corp. won a historic victory in its court fight over a record 1.06 billion-euro ($1.2 billion) competition fine, in a landmark ruling …
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.
Kate Park / TechCrunch:
VR game studio Alta raises a $12.4M seed led by Makers Fund and a16z at a $62M valuation after releasing a popular Oculus game  —  Alta, a virtual reality metaverse studio, announced today it has raised a 12.4 million seed funding co-led by Makers Fund and Andreessen Horowitz.
More: Road to VR
Sarah Rappaport / Bloomberg:
Live events service Fever raises $227M led by Goldman Sachs at a $1B+ valuation as it plans an IPO  —  Live events platform Fever raised $227 million in a funding round led by Goldman Sachs Group Inc., a sign that post-pandemic live events can attract investor interest.

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