Techmeme
February 8, 2022, 2:55 PM

Top News

Devlin Barrett / Washington Post:
The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever”  —  The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part …
Frederic Lardinois / TechCrunch:
Nvidia and SoftBank call off Nvidia's Arm acquisition, following regulatory scrutiny; Arm CEO Simon Segars resigns, replaced by Arm IP group president Rene Haas  —  Nvidia's deal to acquire Arm is off, the two companies and Arm owner SoftBank announced Tuesday.  —  With this, there is also a major leadership change at Arm.
Cara Lombardo / Wall Street Journal:
Peloton CEO John Foley will step down and ex-Spotify and Netflix CFO Barry McCarthy will take over; Peloton will cut ~2,800 jobs and cancel its Ohio factory  —  Exercise-equipment maker to name former Spotify CFO Barry McCarthy as successor, overhaul board and cut costs
Mark Gurman / Bloomberg:
Apple plans to improve benefits for full- and part-time US retail workers, including doubling paid sick days and increasing PTO, amid a tight labor market  —  Apple Inc. plans to significantly increase its benefits for U.S. retail store workers as it grapples with a tightening labor market …
Chance Miller / 9to5Mac:
Apple unveils Tap to Pay on iPhone, letting US merchants accept contactless payments via partner-enabled apps later in 2022; partners include Stripe and Shopify  —  Apple has officially announced a new Tap to Pay feature for iPhone.  This feature, coming later this year …
John Markoff / New York Times:
As data centers grow, engineers at Meta, Google, and other companies worry about the reliability of ever-smaller chips and hardware failures with unclear causes  —  As the largest computer networks continue to grow, some engineers fear that their smallest components could prove to be an Achilles' heel.
Emma Roth / The Verge:
Google rolls out Journeys for Chrome on desktop, letting users revisit old browsing sessions, based on searches from the omnibar, organized by subject matter  —  Journeys groups your search history together by category  —  Google Chrome is rolling out Journeys, a feature that lets you revisit …
Sarah Perez / TechCrunch:
TikTok updates its policies to improve safety for LGBTQ users, including banning misgendering and deadnaming, adds tools for age-appropriate content, and more  —  Months after TikTok was hauled into its first-ever major congressional hearing over platform safety, the company is today announcing …
Shiona McCallum / BBC:
The UK's Online Safety Bill would mandate that porn websites verify users' ages 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.
John Gruber / Daring Fireball:
A look at Apple's IAP changes for Dutch dating app developers: its proposal seemingly isn't compliant, reducing the commission by just 3% is spiteful, and more  —  The continuing saga of Apple's conflict with the Netherlands Authority for Consumers and Markets (ACM) — the Dutch equivalent …
Dade Hayes / Deadline:
Netflix and Amazon had fewer Oscar nominations in 2022; half of the Best Picture nominees had little to no theater time and all major studios used hybrid models  —  This morning's Oscar nominations suggest a rethink — or at least a collective hitting of the pause button — on the status of streaming in the awards conversation.
Wall Street Journal:
The EU details the Chips Act, which would make €43B in public and private funding available for R&D and chip production, seeking to compete with the US and Asia  —  Legislation could mobilize about $49 billion in government and private cash, though critics fear a subsidy race
Blockworks:
Blockchain game studio Gala Games plans to allocate $5B within the next year to expand NFTs: $2B for gaming, $1B for music, $1B for movies, $1B for a theme park  —  Gala Games is seeking to ramp up its presence in the NFT sector and will allocate billions of dollars to further its efforts in the coming year
More: CoinGape
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

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
The 90-day recognition cliff: Why praise programs fade, and what keeps them alive  —  Recognition programs often start with enthusiasm.  Employees participate, managers share shoutouts, and teams have a new way to celebrate achievements.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
SAP CEO: AI Won't Kill Software, But It Will Change Your Job — With Christian Klein
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
David Ellison's Paramount-Warner Empire & The Fight That Comes Next
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Sources:
Factory CEO on why AGI is already here
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Invest Like the Best:
Noah Shinn - Building Instinct: The Personal Agent
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
The grief, loneliness, and burnout sweeping through the tech industry right now | Molly Graham
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
Doomers at Dreamforce
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:55 PM ET, February 8, 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

Mario Gabriele / The Generalist:

Earlier Picks

Mark Gurman / Bloomberg:
New York Times:
Sam Reynolds / CoinDesk: