Techmeme
February 18, 2022, 11:55 AM

Top News

Jeran Wittenstein / Bloomberg:
Meta drops out of the top 10 most valuable companies globally, dropping five places since September 2021 as its market value declined by $513B to $565B  —  Meta Platforms Inc. has tumbled out of the world's 10 largest companies by market value, hammered by its worst monthly stock decline ever.
Reed Albergotti / Washington Post:
Sources: some US Apple Store employees are working to unionize, with groups in at least two stores preparing to file paperwork with the NLRB in the near future  —  Employees at several Apple Stores across the country are quietly working to unionize, according to people familiar with the efforts …
Andrew Cunningham / Ars Technica:
Windows 11 Pro's initial setup phase will require a Microsoft Account and an internet connection, like for Windows 11 Home  —  It's one of the new build's smaller changes—but also one of the most annoying.  —  Now that Windows 11's first major post-release update has been issued …
Dr. Ian Cutress / AnandTech:
Intel Xeon roadmap: Emerald Rapids, based on Intel 7 process, coming in 2023, Granite Rapids and new Efficient-core Sierra Forest in 2024, both built on Intel 3  —  It's no secret that Intel's enterprise processor platform has been stretched in recent generations.
Chaim Gartenberg / The Verge:
Alex Heath / The Verge:
Meta confirms the combined monthly user base for Horizon Worlds and Venues has grown to 300,000 people, up 10x since launching in December  —  That's a 10x increase in about three months.  But can the growth continue?  —  Facebook has bet its future on virtual reality and the metaverse …
Dan Primack / Axios:
Source: Helium, a decentralized network of 500K+ cryptocurrency-mining hotspots that offer free p2p networking, raises a $200M Series D at a $1.2B valuation  —  The existential question of crypto “utility” continues to roil the tech community, pitting some Web 2.0 icons against their web3 cousins.
More: The Block
New York Times:
Sources: the value of Spotify's deal with Joe Rogan, which covers three and a half years, was at least $200M, twice the $100M that reports suggested at the time  —  The deal that brought his podcast to Spotify is said to be worth over $200 million, more than was previously known.
Don Clark / New York Times:
A profile of Intel CEO Pat Gelsinger, who joined the company at 18, as he seeks to rejuvenate the beleaguered giant by building chip factories across the world  —  Patrick Gelsinger is back running a company he first joined at 18.  The chip maker was a Silicon Valley titan that lost its luster.
Jennifer Schonberger / Yahoo Finance:
Source: Biden is expected to issue an EO next week directing agencies to study crypto and a CBDC, and come up with a strategy to regulate digital assets  —  President Biden is expected to issue an executive order next week directing agencies across the government to study cryptocurrencies …
Mary Ann Azevedo / TechCrunch:
Coast, which makes expense management software to help companies control fuel and fleet spending, raises a $27.5M Series A co-led by Accel and Insight Partners  —  Coast, which aims to help companies control fuel and fleet spending with its expense management software, has raised $27.5 million …

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Pinduoduo:
Pinduoduo Champions “Tech for Agri” to Drive Agricultural Modernization  —  Find out how we use technology to spearhead agricultural modernization by driving efficiency gains and boosting farmer incomes.
Climate Draft:
Join the Climate Draft!  —  Our network is now open for all climate-concerned individuals, and software engineers can apply for our next invite-only draft.
Zoho:
Two years of Zoho TeamInbox—and miles yet to go!  —  September 2022 is been exciting for Zoho TeamInbox—it turned two!  We're meeting you today with two years of joy, two years of diligence, two years of hope …
MicroAcquire:
New opportunities are waiting for you  —  Join 100,000+ entrepreneurs buying and selling startups on the world's #1 acquisition marketplace.  Expertly curated to match serious buyers with pre-vetted startups of all sizes.
Techmeme Ride Home:
Thu. 09/29 - A Kindle You Can Write On
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:55 AM ET, February 18, 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

Parmy Olson / Bloomberg:
Steve Lohr / New York Times:
Jordan Novet / CNBC:

Earlier Picks

Andrew Blok / CNET:
Bloomberg:
Chris Strohm / Bloomberg:
Nicole Wetsman / The Verge:
Dan Primack / Axios: