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March 2, 2022, 11:25 PM
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memeorandum
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| Ethan Diamond / Bandcamp Updates: |
Epic Games acquires Bandcamp, which will continue operating as a standalone marketplace and music community; Bandcamp has paid nearly $1B to artists and labels — I'm excited to announce that Bandcamp is joining Epic Games, who you may know as the makers of Fortnite and Unreal Engine, and champions for a fair and open Internet.
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Epic Games, Variety, TechCrunch, ZDNet, San Francisco Business Journal, GamesIndustry.biz, The Honest Broker, Engadget, Protocol, Bloomberg, Game Developer, Input, Pixel Envy, OnMSFT.com, Gameranx, The GameDiscoverCo newsletter, Game Rant, Shacknews, Ars Technica, VentureBeat, SlashGear, Wccftech, Tubefilter, and GOOD INTERNET
Tweets: @bandcamp, @nibellion, @pathedger18, @timsweeneyepic, @dada_drummer, @meddlingmage, @lazerwalker, @gum_mp3, @ronmknox, @willoremus, @ronmknox, @docpop, @caseynewton, @mowtendoo, @jonbernhardt, @ronmknox, @wario64, @juiceboxca, @noahyoo, @tedgioia, @trndytrndy, @ronmknox, @pulsesva, @mark_mulligan, @tha_rami, @bloodberry_tart, @melissamcewen, @eriqgardner, @ronmknox, @edzitron, @jessfromonline, @mellomakes, @willoremus, @iveytron, @theneedledrop, @dcseifert, @danboeckner, @tweed_thneed, @mowtendoo, @emmablackery, @midimyers, @ronmknox, @jujuadams, @zoecello, @ifiremonkey, @gatorsafterdark, @tedgioia, @drownedinsound, @ronmknox, @backxwash, @caseynewton, @imgarysuarez, and @epicnewsroom
| Kyle Orland / Ars Technica: |
Ukrainian vice PM calls for game companies to ban all Russian and Belarusian accounts during the invasion, calling on Sony, Ubisoft, Microsoft, and others — Vice PM says move “will motivate the citizens of Russia” to rise up in protest. — Mykhailo Fedorov, the vice prime minister …
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Polygon, Protocol, Eurogamer.net, Axios, NPR, PCMag, MobileSyrup, OnMSFT.com, and MIT Technology Review
Tweets: @fedorovmykhailo, @fedorovmykhailo, @jasonschreier, @tomwarren, @nickstatt, @songofsolstices, and @detectiveary
| Washington Post: |
A profile of Mykhailo Fedorov, Ukraine's youngest cabinet minister, who is using his Twitter account to pressure tech giants to shut down Russian propaganda — Six months ago, Mykhailo Fedorov, one of Ukraine's deputy prime ministers, made a pilgrimage to Silicon Valley to discuss his country's digital transformation.
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The Record, Snap Newsroom, Tech.co, New York Times, MacDailyNews, and Fortune
| Juli Clover / MacRumors: |
Apple announces a digital-only event dubbed “Peek performance” will be held on March 8 at 10am PT; a 5G iPhone SE, revamped iPad Air, and new Macs are expected — Apple today announced that it will be holding its first event of 2022 on Tuesday, March 8 at 10:00 a.m. Pacific …
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CNBC, Bloomberg, Six Colors, 9to5Mac, The Verge, MacRumors, Tech Advisor, XDA Developers, Daring Fireball, Appleosophy, Insider, Ubergizmo, digg.com, SiliconANGLE, Tom's Hardware, CNET, CNET, Engadget, BGR, MacDailyNews, TechRadar, Digital Trends, Computerworld, Reuters, Livemint, Gizchina, Laptop Mag, OnMSFT.com, ZDNet, Input, Macworld, Wccftech, Digital Photography Review, Pocketnow, Philip Elmer‑DeWitt, MacStories, HYPEBEAST, Ars Technica, Trusted Reviews, iThinkDifferent, and TechCrunch
Tweets: @gregjoz, @viticci, @parkerortolani, @joannastern, @lukemiani, @saschasegan, @parkerortolani, @lukemiani, @chancehmiller, @rsgnl, @pierce, @thisisnoahevans, @jon_prosser, @hartleycharlton, @chancehmiller, @samifathi_, @filipeesposito, @ishanagarwal24, @rsgnl, @markgurman, @vadimyuryev, @markgurman, @iansherr, @rsgnl, @mkbhd, @jonporty, @greengart, @stalman, and @markgurman
| Jordan Novet / CNBC: |
Snowflake reports Q4 revenue of $383.8M vs. $372.6M est., up 101% YoY, and projected product revenue growth of 65% to 67% across FY 2023; stock is down 25%+ — - Snowflake's forecast calls for slowing growth in product revenue growth, which makes up most of total revenue.
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Snowflake, SiliconANGLE, Reuters, Wall Street Journal, Seeking Alpha, Bloomberg, MarketWatch, and Investor's Business Daily. Tweets: @techjournalist
| Ron Miller / TechCrunch: |
Snowflake acquires Streamlit, which offers tools to help companies build ML-driven apps, for $800M; Streamlit launched in 2019 and raised $62M in funding — Snowflake helps customers store and manage oodles of data in the cloud without cloud vendor lock-in.| Annie Palmer / CNBC: |
Amazon plans to close 68 brick-and-mortar retail locations across the US and the UK, including all of its Amazon Books, 4-star, and Pop Up stores — - Amazon plans to close all locations of its Pop Up, Books and 4-star stores, the company confirmed to CNBC.
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Reuters, TechCrunch, Protocol, TheStreet, The Verge, ZDNet, New York Times, The Information, Digital Trends, Engadget, XDA Developers, New York Post, GeekWire, and TechSpot
Tweets: @andrewlapin, @jeffmacke, @the_transit_guy, @richontech, @jasonshen, @minter, @paulconstant, @mariskreizman, @gregbensinger, @quinnypig, and @elkmovie
| Kate Conger / New York Times: |
A look at Twitter's internal support for decentralization, led by Parag Agrawal, seeking to give users control, avoid regulation, and open new revenue streams — The company is undertaking a far-reaching effort to change how it works. For some, it is an echo of their early idealism and a vision for what the internet could have been.
Tweets: @anildash, @jwz, @anildash, @jwz, @kateconger, @anildash, @kateconger, and @anildash
| Matt Robinson / Bloomberg: |
Sources: the SEC is probing the NFT market to determine if tokens are securities, focusing on fractional NFTs, in which a token is broken into units for sale — The U.S. Securities and Exchange Commission is scrutinizing creators of NFTs and the crypto exchanges where they trade to determine …
More:
CoinDesk, PYMNTS.com, South China Morning Post, Protocol, Decrypt, Bitcoinist.com, and Cointelegraph
| Lauren Feiner / CNBC: |
Several US state AGs launch a probe into TikTok, focusing on whether the app's design and operations negatively impact young users' physical or mental health — - TikTok is under investigation by a bipartisan group of state attorneys general to determine if the popular short-form video …
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Mass.gov, State of California, Reuters, Wall Street Journal, Associated Press, CNN, The Verge, The Hill, New York Times, WCSC-TV, San Francisco Chronicle, WCTX-TV, TheDenverChannel.com, Des Moines Register, Missouri Independent, WCIV, Engadget, CBS17.com, The Paper, Newsweek, Mashable, dot.LA, CT Insider, News 12, WFXRtv, WCCO | CBS Minnesota, Washington Post, and abc10.com
Tweets: @kyoag, @massago, @vtattorneygen, @massago, @agellison, @newjerseyoag, @franceshaugen, @agrobbonta, and @kantrowitz
| Todd Spangler / Variety: |
Spotify closes its office in Russia “indefinitely” and has removed all content from RT News and Sputnik in the EU and other markets, except for Russia — Spotify has taken several steps in response to Russia's military attack on Ukraine, including closing its offices in Russia “indefinitely.”| Paresh Dave / Reuters: |
More:
The Verge, TechCrunch, TechRadar, Thurrott, Crowdfund Insider, Above Avalon, and iPhone in Canada Blog
Tweets: @ngleicher, @irgarner, @fedorovmykhailo, and @occupydemocrats
| Stephen Harrison / Slate: |
How Russia's war with Ukraine is playing out on Wikipedia; Russian Wikipedia editors decided to call an invasion what it is, rejecting the Kremlin's narrative — On Thursday, President Vladimir Putin issued the order for Russian forces to invade Ukraine. Since then, Russians … | Ciaran Martin / Lawfare: |
More:
The Register and TIME
| Paul Alcorn / Tom's Hardware: |
Intel, AMD, Arm, TSMC, Samsung, and others introduce the Universal Chiplet Interconnect Express (UCIe) consortium to standardize die-to-die interconnects — A broad range of blue-chip industry promoters, like Intel, AMD, Arm, TSMC, and Samsung, among others, introduced the new Universal …
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AnandTech, Business Wire, The Register, The Next Platform, ZDNet, PCMag, Wccftech, HPCwire, Engadget, MobileSyrup, HotHardware.com News, Liliputing, Neowin, VentureBeat, The Verge, Slashdot, TechRadar, SiliconANGLE, TechSpot, and DCD
| Jennifer Elias / CNBC: |
Google tells staff in the Bay Area and other US locations to return to physical offices three days a week starting on April 4, in a shift to a hybrid work model — - Google told employees on Wednesday that it expects them to begin returning to physical offices April 4.
More:
CRN, Wall Street Journal, GeekWire, San Francisco Business Journal, CNN, The Economic Times, Android Police, Insider, Bloomberg, Pocketnow, MacRumors, New York Post, Washington Post, WRAL TechWire, androidcentral.com, and The Hill
Tweets: @tmfjmo and @markgurman
| Mariella Moon / Engadget: |
The US CPSC and Fitbit recall Fitbit Ionic smartwatches after receiving 118 reports of burn injuries; Fitbit sold ~1M units in the US and 693K internationally — Fitbit has issued a voluntary recall for Ionic smartwatches that it manufactured and sold from 2017 through 2020.
More:
U.S. Consumer Product …, Fitbit Help, Philip Elmer‑DeWitt, Wall Street Journal, Thurrott, CNBC, Neowin, NPR, Associated Press, KnowTechie, SlashGear, TechSpot, Liliputing, Pocketnow, and Protocol
Tweets: @uscpsc, @richontech, @dcrainmakerblog, and @mhbergen
| Andrew J. Hawkins / The Verge: |
Berlin-based Tier Mobility acquires Spin, Ford's e-scooter unit, in an all-stock deal, for an undisclosed price; Ford acquired Spin in November 2018 for $100M — The automaker had been mulling a sale for almost a year — Ford is selling its electric scooter operation Spin to one of Europe's top shared mobility companies.| Tim Keary / VentureBeat: |
Balbix, which develops tech to let organizations identify and mitigate cybersecurity risks within their hybrid cloud environments, raises a $70M Series C — Today, cybersecurity posture automation provider Balbix announced it had raised $70 million in series C funding … | Natasha Mascarenhas / TechCrunch: |
Commsor, which develops tech to let companies manage and gain insights into their online communities, raises a $50M Series B led by Atomico at a $450M valuation — The early-stage startup was most recently valued at $450 million — Is it community, or is it capitalism?| Megha Paul / Tech.eu: |
Shares, which allows friends and families to invest in stocks together, raises a $40M Series A led by Valar Ventures, and unveils its app — Parisian social and investing startup Shares has raised $40 million and unveiled its app — The use of social networks has fundamentally changed …
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Finextra and FinTech Futures
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