Techmeme
February 7, 2022, 4:50 PM

Top News

Alan Rappeport / New York Times:
The IRS says it will transition away from using facial recognition for identity verification, after a bipartisan backlash regarding its use of ID.me services  —  The tax collection agency will transition away from using a service from the authentication service ID.me amid bipartisan backlash.
Michiel Willems / City A.M.:
In its annual SEC report, Meta repeats its warning that it may be forced to shut down “significant” services in Europe if the EU adopts new data transfer rules  —  If Meta is not given the option to transfer, store and process data from its European users on US-based servers …
New York Times:
Meta announces that Peter Thiel, one of Facebook's first institutional investors and longest-serving directors, will step down from Meta's board this year  —  The tech billionaire, who has been on the board of the company formerly known as Facebook since 2005, is backing numerous politicians in the midterm elections.
Sam Reynolds / CoinDesk:
The Ethereum Name Service DAO, which manages .eth domains, votes to remove Brantly Millegan as a steward over a 2016 tweet; Millegan has refused to apologize  —  A Tweet from Nick Johnson, founder and lead developer of ENS, confirmed Millegan has been removed from both the DAO and as director of operations of True Names Ltd.
Todd Bishop / GeekWire:
Amazon raises its maximum base pay for corporate and tech employees from $160K to $350K, in line with other tech giants, citing a “competitive labor market”  —  Amazon will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously …
Alex Konrad / Forbes:
A profile of freight logistics startup Flexport, which is raising a $935M+ Series E co-led by a16z and MSD Partners at an $8B valuation  —  Founder Ryan Petersen has positioned himself as shipping's savior, earning Flexport a new $8 billion valuation.  But industry rivals …
Karl Freund / Forbes:
Intel announces efforts to accelerate RISC-V development and adoption, including licensing plans, chip manufacturing partners, and a $1B IFS Innovation Fund  —  This announcement will have a long-lasting impact on the entire semiconductor industry:  —  Intel must fabricate chips …
Manish Singh / TechCrunch:
Ethereum scaling project Polygon raises $450M, its first major financing round, led by Sequoia Capital India; Polygon has a ~$13B market cap  —  Ethereum scaling firm Polygon has raised $450 million in a new venture financing round as the firm, with a market cap of about $13 billion …
Charles Daly / Bloomberg:
Price comparison service PriceRunner sues Google in Stockholm's patent and market court for allegedly manipulating search results to favor its own services  —  Alphabet Inc.'s Google is being sued by Nordic price comparison provider PriceRunner AB for about 22 billion kronor ($2.4 billion) at Stockholm's patent and market court.
J. Clara Chan / The Hollywood Reporter:
In a staff email, Daniel Ek says “silencing” Rogan is not the answer and commits $100M to licensing, developing, and marketing content from marginalized groups  —  Over the weekend, videos resurfaced by the musician India.Arie showed the podcaster repeatedly using the n-word …
Shoshana Wodinsky / Gizmodo:
Adtech experts explain how GDPR has proven ineffective thanks to the ingenuity of adtech firms, which have managed to effectively skirt its consent requirement  —  The EU's landmark privacy law, GDPR, was supposed to change the world of tech privacy forever.  What the hell happened?  —  Alerts

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Environmental impact of remote support: Reducing carbon footprints in IT  —  Information technology is essential for powering core business processes and facilitating communication.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
Magatte Wade, Unlocking Prosperity in Africa (#53)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Fri. 04/19 - All The News About Llama 3
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:50 PM ET, February 7, 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.

More News

Earlier Picks

Natasha Lomas / TechCrunch:
Christopher Knaus / The Guardian:
Casey Newton / Platformer:
Emma Roth / The Verge: