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February 8, 2022, 6:50 AM
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| 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.
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Tweets: @johnjcook, @donie, @bfriedmandc, @chafkin, @thatrosschap, @nancyscola, @danprimack, @carolecadwalla, @kurtwagner8, @jsrailton, @jeffbercovici, @chafkin, @owillis, @jason, @zerohedge, @fboversight, @williamturton, @thor_benson, @fboversight, @teddyschleifer, @ldrogen, @parkermolloy, @sarahfrier, @fboversight, @martinsfp, @nytimes, @rmac18, @jeffbercovici, @fboversight, @fboversight, @rmac18, @joshtpm, @epro, @sarahfrier, @jeffbercovici, @kurtwagner8, @stevekovach, @jeffbercovici, @markhachman, @aishaannhakim, @joshua__frank, @mmasnick, and @rmac18
| Frederic Lardinois / TechCrunch: |
Nvidia and SoftBank call off Nvidia's Arm acquisition; Arm CEO Simon Segars resigns and Arm's IP group president Rene Haas takes over; Arm is exploring an IPO — Nvidia's deal to acquire Arm is off, the two companies and Arm's owner SoftBank announced (PDF) tonight.
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NVIDIA, Bloomberg, SoftBank Group Corp., Wall Street Journal, Bloomberg, CNBC, Arm, TNW, Ars Technica, The Verge, Forbes, The Register, PCMag, DCD, Financial Times, Game Developer, GamesIndustry.biz, Silicon Republic, Forbes, Bloomberg, VentureBeat, Bloomberg, Bloomberg, CNBC, Bloomberg, CNET, Club386, Pocketnow, CRN, Axios, New York Times, Android Central, VideoCardz.com, BGR India, GSMArena.com, Neowin, 9to5Mac, XDA Developers, iTnews, Ubergizmo, CNET, The Economic Times, The Information, South China Morning Post, AppleInsider, Pocket-lint, Protocol, SiliconANGLE, and Slashdot
| 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.| Cara Lombardo / Wall Street Journal: |
Peloton CEO and co-founder John Foley will step down, replaced by ex-Spotify and Netflix CFO Barry McCarthy; Peloton will cut 2,800 jobs and cancel Ohio factory — Company to name former Spotify CFO Barry McCarthy as replacement, overhaul board and cut costs
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Bloomberg, The Verge, Engadget, Insider, Barron's Online, Financial Times, Yahoo Finance, and SlashGear
Tweets: @sam_l_shead, @0mgould, @carnage4life, @carnage4life, @cararlombardo, and @cararlombardo
| Mark Gurman / Bloomberg: |
Source: Apple acquires London-based AI Music, which uses AI and royalty-free music to create dynamic soundtracks that change based on user interactions or moods — Apple Inc. acquired a startup called AI Music that uses artificial intelligence to generate tailor-made music …
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iThinkDifferent, Apple Must, Ubergizmo, iMore, Wccftech, Gizmodo, SiliconANGLE, MacDailyNews, Patently Apple, iPhone in Canada Blog, iPhone Hacks, MacRumors, 9to5Mac, and iClarified
Tweets: @viticci, @9to5mac, @leaksapplepro, and @markgurman
| Chris Duckett / ZDNet: |
Signal now lets users change the phone number associated with their account while retaining their messages, profile information, and groups — Users will still need to be able to send and receive Signal messages on their old number in order to port. — Signal has announced it will allow …
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Signal Blog, 9to5Mac, XDA Developers, TechCircle, The Verge, and Android Authority
Tweets: @newsycombinator, @sa0un, @signalapp, and @suka_hiroaki
| Nikhil Subramaniam / Inc42 Media: |
BharatPe, an Indian fintech unicorn backed by VCs such as Sequoia and Coatue, is facing allegations of embezzlement, impropriety in merchant dealings, and more — Calling CEO Suhail Sameer “a puppet of investors”, Grover has alleged a conspiracy behind sending him away and instituting a probe
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Moneycontrol, Moneycontrol, Tech in Asia, The Economic Times, The Ken, The Indian Express, and Newslaundry
Tweets: @manicontrol2020, @chandrarsrikant, @digbijaymishra1, @anantgoenka, and @chandrarsrikant
| Turner Wright / Cointelegraph: |
Several crypto companies, including Coinbase and BitMEX, launch a coalition to “maintain fair and orderly digital asset markets and prevent market abuse” — “Harmonizing a broad global approach to digital assets and competition in the digital currency space race … | Bloomberg: |
Livspace, an online home interiors marketplace that connects customers with designers and vendors, raises a $180M Series F led by KKR at a $1B+ valuation — Livspace raised $180 million in a funding round led by KKR & Co. at a valuation of more than $1 billion as the online home interiors …
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The Economic Times, Moneycontrol, DealStreetAsia, Moneycontrol, Tech in Asia, Business Wire, Livemint, and Entrackr. Tweets: @alokgoyal1971
| 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 …
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Intel, RISC-V International, Business Wire, Protocol, Wccftech, Neowin, ZDNet, SiFive, insideHPC, and TechPowerUp
Tweets: @intelnews, @oak8292, @randhir_intel, @iancutress, @pgelsinger, @iancutress, @iancutress, @iancutress, @migueldeicaza, and @benbajarin
| Hannah Murphy / Financial Times: |
Sources: ahead of its IPO, Reddit has approached WPP and other big ad agencies to secure marketing deals, a delicate tightrope given its outspoken user base — Anarchic social network in discussion with WPP as it seeks to make profit without angering 330mn outspoken users| Ingrid Lunden / TechCrunch: |
London-based m3ter, which helps SaaS companies charge clients on a usage basis, emerges from stealth with $17.5M from Kindred Capital and others — A lot of SaaS products are sold on flat-rate subscriptions. But there is a growing trend, especially among more price-conscious customers … | Ivan Levingston / Bloomberg: |
UK-based GoCardless, which processes direct debit payments for Klarna, DocuSign, and others, raises $312M led by Permira at a $2.1B valuation — U.K. financial technology startup GoCardless raised $312 million in new funding to speed up its expansion in open banking across products and geographies.| Shiona McCallum / BBC: |
The UK's Online Safety Bill will mandate porn websites verify users' age or face fines; similar proposals were quietly dropped in 2019 after criticism — Porn websites in the UK will be legally required to verify the age of their users under new internet safety laws.
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The Guardian, GOV.UK, Engadget, The Verge, Insider, Press Association, infosecurity-magazine.com, and Slashdot
| Tage Kene-Okafor / TechCrunch: |
Lagos- and Texas-based digital healthcare provider Reliance Health raises a $40M Series B and says it has over 200,000 individual users and 600 businesses — There's no denying the growth of healthtech globally over the past three years thanks to the pandemic.| Jay Graber / Bluesky: |
Bluesky, the decentralized social media initiative announced by Twitter in 2019, becomes a Public Benefit LLC with Jack Dorsey as one of the board members — In 2019, Twitter announced bluesky, a project it would fund to create an open and decentralized standard for social media.| Mario Gabriele / The Generalist: |
A deep dive into the rise of “solo capitalists”, who are increasingly competing to lead seed, Series A, and later stage rounds against traditional VC firms — Solitary general partners now manage more than many multi-person venture funds. What are the limits of a one-man band?
Tweets: @mariogabriele, @andreasklinger, @melt_dem, @nikmilanovic, and @moniquewoodard
| Pandaily: |
Taichi Graphics, an open-source cloud platform for creating 3D graphics, raises a $50M Series A co-led by Source Code Capital, GGV Capital, and BAI Capital — Your browser doesn't support HTML5 audio — Taichi Graphics, an open-source graphics infrastructure and digital content creation cloud platform …
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