Techmeme
February 8, 2022, 10:00 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 …
Chance Miller / 9to5Mac:
Apple unveils Tap to Pay, letting US merchants accept payments with an iPhone and a partner-enabled app “later this year”; partners include Stripe and Shopify  —  Apple has officially announced a new Tap to Pay feature for iPhone.  This feature, coming later this year …
Bloomberg:
Sources: Microsoft is in talks to acquire cybersecurity research and incident response company Mandiant, whose stock closed up 17.86% on Tuesday  —  Microsoft Corp. is considering making a bid for cybersecurity-research and incident response company Mandiant Inc., according to a person familiar …
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
Jay Peters / The Verge:
Sony's second PS5 beta adds a “Hey PlayStation” voice command feature, for US and UK accounts at first, alongside party chat changes and new UI settings  —  Sony is also making changes to the way parties work  —  Sony announced that it will begin rolling out its second PS5 software beta …
Lauren Feiner / CNBC:
As Meta dips under a $600B market cap, it may avoid antitrust liability since it falls below the threshold set by recent US House bills as a “covered platform”  —  - Facebook owner Meta closed with a market cap below $600 billion on Tuesday for the first time since May 2020.
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 …
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.
CNBC:
Amazon Care rolls out its telehealth service nationwide, expands in-person care to more US cities, and adds Whole Foods, Silicon Labs, and TrueBlue as customers  —  - Amazon is launching its telehealth program, known as Amazon Care, nationwide and has signed up a handful of new companies to use its services.
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 …
Darren Loucaides / Wired:
A deep dive into the CEO and history of Telegram, which has about 30 core employees, minimal content moderation, and, until recently, no ongoing revenue  —  Hundreds of millions of users.  No algorithm.  No ads.  Courage in the face of autocracy.  Sound like a dream?  Careful what you wish for.
Ben Thompson / Stratechery:
A review of digital advertising in 2022, which has shifted from a Google-Meta duopoly to one where Amazon and potentially Apple are major forces  —  Six years ago tomorrow, in The Reality of Missing Out, I wrote that the digital advertising market was settled, and Google and Facebook won:
Ryan Gallagher / Bloomberg:
Twitter tells US Senator Wyden that it's “transitioning” away from using Mitto for passcodes, as the text message services firm faces surveillance accusations  —  Twitter Inc. told a U.S. senator it is cutting ties with a European technology company that helped it send sensitive passcodes to its users via text message.
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 …
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.

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