Techmeme
February 9, 2022, 1:52 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 …
Matt Levine / Bloomberg:
Cat Zakrzewski / Washington Post:
In a bid to appease lawmakers and regulators, Microsoft outlines 11 app store principles, including equal treatment and allowing third-party payment processing  —  The rules comes as Microsoft is attempting to win regulatory approval for the largest deal in the company's history
Allison Johnson / The Verge:
Samsung debuts Galaxy S22 Ultra starting at $1,199 with a 6.8" 120Hz display, S-Pen support, up to 1TB of storage, and updated cameras, on sale from February 25  —  It gains an on-board stylus, plus some incremental hardware and software upgrades  —  The Samsung Galaxy S22 Ultra has shaped …
Sam Rutherford / Engadget:
Hands-on with the Samsung Galaxy S22 Ultra: feels like the Note, distinct hardware, mesmerizing display, impressive specs, and welcome S-Pen support  —  This content is not available due to your privacy preferences.  Update your settings here, then reload the page to see it.
Chris Welch / The Verge:
Samsung unveils 6.1" Galaxy S22 and 6.6" S22+ with updated cameras, 10Hz-120Hz displays, and Snapdragon 8 Gen 1, coming February 25, starting at $800 and $1,000  —  Will iterative upgrades cure Samsung's sales problem?  —  By most accounts, last year's Galaxy S21 lineup didn't measure up to Samsung's sales expectations.
Dan Seifert / The Verge:
Samsung unveils the $1,100 Tab S8 Ultra, with a 14.6" 120Hz display, 16GB of RAM, two front-facing cameras, and Snapdragon Gen 1, shipping later in February  —  The Tab S8 Ultra comes with a giant 14.6-inch display  —  Samsung thinks your tablet is too small.
Phillip Tracy / Gizmodo:
Biz Carson / Protocol:
A profile of Sequoia's Roelof Botha, who seeded the idea of Sequoia Capital Fund, which holds stakes in companies past the traditional 10-year VC fund cycle  —  109. One billion dollars.  —  Roelof Botha used to write 109 on the corner of his notepad every week when he started at Sequoia 19 years ago.
Will Knight / Wired:
Sony details GT Sophy, an AI built to master Gran Turismo that outraces human drivers; the research could eventually help develop autonomous vehicles  —  The company built GT Sophy to master the game Gran Turismo, but it may help the development of real self-driving cars. … APPLICATION  —  SECTOR
Bloomberg:
As crypto tokens fall, FTX and Crypto.com seek new customers with Super Bowl ads; iSpot.tv data shows $112.9M+ has been spent on US crypto TV ads since 2020  —  It's a testing time for crypto exchanges to be making their Super Bowl ad debuts.  —  Recruiting new users can be simple when prices are skyrocketing.
Amanda Silberling / TechCrunch:
Tumblr launches a tip jar, initially in the US, on iOS, Android, and the web; Tumblr will not take a cut and won't use Apple or Google's billing systems  —  Tumblr is launching its second attempt at a monetization feature today.  Rolling out in the U.S. now and soon globally …
Ellen Huet / Bloomberg:
As CB Insights estimates there are 1K unicorns globally, about two added the herd per day in 2022, a look at soaring valuations, the “first” unicorns, and more  —  Hubert Palan signed on to Zoom from his home in Oakland, Calif., on Feb. 2 and prepared to address the 400 or so employees …
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.
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.
Justine Calma / The Verge:
The WWF hyped and then canceled plans to raise money for conservation with NFTs on Polygon's “eco-friendly blockchain”, a fraught claim dismissed by experts  —  WWF thought it picked a less polluting blockchain  —  Within a few days last week, the World Wildlife Fund hyped …
Tage Kene-Okafor / TechCrunch:
Cairo-based Thndr, an investing app for Egyptian stocks and mutual funds, raises a $20M Series A led by Tiger Global, VC BECO Capital, and Prosus Ventures  —  The MENA region has about 400 million people with $500 billion in annual savings.  But as a relatively young population …

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Shubham Agarwal / The Verge:
The Intercept:
Bloomberg:
Ben Thompson / Stratechery: