Techmeme
February 7, 2022, 11:45 AM

Top News

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 new EU data transfer rules are adopted  —  If Meta is not given the option to transfer, store and process data from its European users on US-based servers …
J. Clara Chan / The Hollywood Reporter:
Daniel Ek says “silencing” Rogan is not the answer in a staff email 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 and making derogatory comments about Black people.
Ben Sisario / New York Times:
Sam Reynolds / CoinDesk:
Ethereum Name Service DAO, which manages .eth domains, votes to remove Brantly Millegan as a steward over tweets from 2016; 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.
Manish Singh / TechCrunch:
Blockchain network Polygon, which serves as a support layer for Ethereum, raises $450M 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 …
Alex Konrad / Forbes:
Profile of freight logistics startup Flexport, which raised $900M+ co-led by a16z and MSD Partners at an $8B valuation in January  —  Founder Ryan Petersen has positioned himself as shipping's savior, earning Flexport a new $8 billion valuation.  But industry rivals say the 41-year-old near-billionaire and his startup are all show.
Emma Roth / The Verge:
Twitter tests adding a DM icon to tweets on iOS to help “start a conversation”; some say the shortcut could make users even more susceptible to harassment  —  The feature will let you send a DM straight from a tweet  —  Twitter is exploring a new way to send DMs on iOS …
Max Read / Read Max:
Many celebrities promoting NFTs, like Paris Hilton and Jimmy Fallon, are either represented by, or have links to, OpenSea investor Creative Artists Agency  —  Where do celebrities even hear about “bored apes”?  Who is recommending that they buy one?  Is this really the best thing any of them can think to do with their money and fame?
Christopher Knaus / The Guardian:
Australian court dismissed Meta's claim that it neither conducts business nor collects personal information in the country in suit over Cambridge Analytica data  —  Full bench of the federal court confirms earlier ruling that tech giant collects personal information in Australia
Natasha Lomas / TechCrunch:
Unpacking Meta's “regulatory headwinds” warning, as the adtech industry faces a privacy reckoning and Belgium upends IAB Europe's GDPR compliance framework  —  What does Meta/Facebook's favorite new phrase to bandy around in awkward earnings calls — as it warns of “regulatory headwinds” …
Charles Daly / Bloomberg:
Stockholm-based price comparison service PriceRunner sues Google in Swedish 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.

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