Techmeme
January 27, 2022, 1:00 PM

Top News

Anne Steele / Wall Street Journal:
Spotify is removing Neil Young's music after he gave the company an ultimatum between his music and Joe Rogan's podcast with COVID-19 vaccine misinformation  —  Folk-rock star had over six million monthly listeners on the service, which he blames for spreading fake info about vaccines
Mark Gurman / Bloomberg:
Sources: Apple is working to let businesses accept payments on their iPhones without extra hardware, thanks to tech from Mobeewave, which it acquired in 2020  —  Apple Inc. is planning a new service that will let small businesses accept payments directly on their iPhones without any extra hardware …
Wall Street Journal:
Source: Meta-backed Diem Association is selling its technology to California bank Silvergate Capital, which serves crypto companies, for ~$200M  —  Diem Association is selling its technology to crypto-focused bank Silvergate Capital for $200 million  —  Facebook's ambitious effort to bring cryptocurrency to the masses has failed.
Derrek Lee / Android Central:
Meta rebrands Oculus Quest as Meta Quest, leading to criticism on social media; the rebrand was originally announced in October  —  “Meta Quest” is just so fetch.  —  What you need to know  — Meta changes the social media accounts of its VR brand to Meta Quest.
David Yaffe-Bellany / New York Times:
A growing number of US mayors are embracing crypto and blockchain tech, hoping to create revenue streams with NFTs or mining, attract tech talent, and more  —  This new political breed accepts paychecks in Bitcoin.  The mayors also want to use buzzy new tech like NFTs to raise money for public projects.
Mia Sato / The Verge:
Fanhouse, an OnlyFans-like service, adds iOS in-app purchases with a 50% surcharge after pushing back in 2021 against Apple's 30% commission on creator earnings  —  Fanhouse previously tried to push back against Apple's fees and was granted a six-month extension to come into compliance
Ingrid Lunden / TechCrunch:
Sigfox, a French startup that raised $300M+ to build a communications network for IoT devices, files for bankruptcy, citing slow sales and supply chain issues  —  We are continuing to see fallout from the Covid-19 pandemic and its impact on the tech industry, with one of the latest developments coming out from France.
Sohee Kim / Bloomberg:
Samsung reports Q4 operating profit of ~$11.6B, up 53% YoY, on revenue of ~$63.8B, up 24% YoY, but misses with ~$8.9B net income, below the ~$9.2B expected  —  Samsung Electronics Co. is stepping up spending on advanced chipmaking technology as it sees growing demand for its smartphones, displays and memory products.
Ina Fried / Axios:
Adobe-led tech coalition finalizes standard for digital content provenance, identifying the source and edits of photos and videos, to help catch deepfakes  —  As part of its effort to fight deepfakes, a coalition of tech companies led by Adobe has finalized the details for a standard …
Kif Leswing / CNBC:
Intel reports Q4 revenue of $19.5B, up 4% YoY vs. estimates of $18.31B, Data Center Group revenue of $7.3B, up 20% YoY, IoT Group revenue of $1.1B, up 36% YoY  —  - Intel reported fourth-quarter earnings on Wednesday.  — Intel's largest business, its Client Computing Group …
Brenda Goh / Reuters:
China's market regulator conditionally approves AMD's $35B all-stock deal for Xilinx, announced in October 2020  —  China's market regulator said on Thursday it had conditionally approved Advanced Micro Devices Inc's (AMD.O) $35 billion all-stock deal for peer Xilinx (XLNX.O).
Sarah Perez / TechCrunch:
Reddit is conducting a “small, internal test” of a feature that lets users set any NFT they own as their profile picture  —  Reddit is testing a feature that would allow its users to set any NFT they own as their profile picture — not only its own Ethereum-based NFTs, called …
Natasha Lomas / TechCrunch:
Berlin-based Mayd, which offers rapid pharmacy deliveries, raises a €30M Series A led by Lightspeed, following a €13M seed in October 2021  —  Berlin-based Mayd, a startup that's building an on-demand medicine delivery platform in Europe, has fast followed a chunky seed raise last fall …
More: Tech.eu
Janice Bitters Turi / Crunchbase News:
Analysis: funding for early-stage Latinx-founded startups in the US has stalled; $205M was invested in angel, pre-seed, and seed in 2021, up from $185M in 2018  —  Editor's note: This article is part of Something Ventured, an ongoing series by Crunchbase News examining diversity and access …

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Earlier Picks

Sara Fischer / Axios:
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Tom Warren / The Verge: