Techmeme
March 9, 2022, 8:15 PM

Top News

Wall Street Journal:
Biden signed an executive order directing federal agencies to study the risks posed by digital assets, such as evading sanctions, and consider a digital dollar  —  Cryptocurrency advocates celebrate order while skeptics see it as a step back for regulation  —  WASHINGTON—The price …
Ryan Smith / AnandTech:
A deep dive into Apple's M1 Ultra: two M1 Max dies combined into a single chip, 800GB/second memory bandwidth, 64 GPU cores to outperform the RTX 3090, and more  —  As part of Apple's spring “Peek Performance” product event this morning, Apple unveiled the fourth and final member of the M1 family of Apple Silicon SoCs, the M1 Ultra.
Chris Welch / The Verge:
Studio Display's A13 Bionic chip, the same SoC that powers the iPhone 11, lets Apple add Center Stage, Spatial Audio, and “Hey Siri” to a desktop monitor  —  The A13 Bionic makes the most of the built-in webcam and speakers  —  Apple's $1,599 Studio Display will be available on March 18th …
On Substack:
Substack launches an iOS app for reading; Android users can join a waitlist  —  What you read matters  —  Today, we're launching an iOS app for reading.  It's like your email inbox, but better.  —  For readers, the app brings all your Substack subscriptions together in one venue …
Dana Mattioli / Wall Street Journal:
Bipartisan House Judiciary Committee members ask the DOJ to investigate Amazon and its executives, accusing the company of obstructing Congress' antitrust probe  —  House Judiciary Committee accuses tech giant of withholding information during antitrust probe; Amazon has denied any attempts to mislead
Chaim Gartenberg / The Verge:
Twitter begins rolling out Twitter Shops in beta, letting select US merchants and partners add a virtual storefront with up to 50 items to their profiles on iOS  —  Currently only rolling out for select businesses on iOS  —  Twitter is rolling out a new shopping beta today: Twitter Shops …
Emily Nicolle / Bloomberg:
Two Austrian entrepreneurs acquire the assets of LimeWire, the music sharing service shuttered in 2010, and plan to relaunch it as an NFT marketplace for music  —  A pair of serial entrepreneurs in Austria has bought the rights to defunct music platform LimeWire with plans to revamp its image …
Aisha Malik / TechCrunch:
Facebook rolls out new features for Group admins, including the ability to automatically decline incoming posts with information marked false by fact checkers  —  Facebook announced today that it's rolling out new features to help Facebook Group administrators keep their communities safe, manage interactions and reduce misinformation.
Sarah Perez / TechCrunch:
TikTok launches music distribution platform SoundOn in the US, the UK, Brazil, and Indonesia, letting artists upload music to TikTok, Resso, Spotify, and more  —  TikTok has already achieved massive influence in today's music industry, sending songs that find popularity on the app to the top of the Billboard charts.
Washington Post:
Lumen becomes the second US backbone internet provider to exit Russia after Cogent; Russia's top international data sources are now in Sweden, Italy, and the UK  —  Lumen, a leading American Internet provider to Russia, announced Tuesday that it was severing business relations in the country …
Jeremy C. Owens / MarketWatch:
Asana reports Q4 revenue of $111.9M, up 64% YoY, GAAP net loss of $90M, up from $61.5M in Q4 2021, and 119K paying customers; stock down 15%+ after hours  —  Collaboration-software company loses more than expected while revenue grows faster than analysts modeled, and that dynamic is expected to continue
More: Asana
Bloomberg:
SoftBank's Z Holdings plans to launch an NFT marketplace in 180 countries and double its fintech unit PayPay's users to 90M, tapping a five-year ~$4.3B budget  —  SoftBank Group Corp.'s Z Holdings Corp. unit is betting on non-fungible tokens and its PayPay service to drive growth …

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