Techmeme
March 25, 2022, 12:45 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans to launch a monthly subscription service by 2023 for the iPhone and other hardware that could tie into Apple One bundles and AppleCare  —  Apple Inc. is working on a subscription service for the iPhone and other hardware products, a move that could make device ownership similar …
Samuel Stolton / Politico:
EU lawmakers reach a provisional agreement on the DMA, which will mandate messaging service interoperability, prohibit self-preferencing practices, and more  —  The European Union today adopted landmark rules clamping down on anti-competitive abuses by the world's largest technology platforms …
New York Times:
The DOJ charges four Russian officials for alleged hacking campaigns targeting critical US infrastructure, including a Kansas nuclear plant, from 2012 to 2018  —  The announcement covered hackings from 2012 to 2018, but served as yet another warning from the Biden administration of Russia's ability to conduct such operations.
Adi Robertson / The Verge:
The DOJ arrest and charge two men with wire fraud and money laundering over an alleged $1.1M NFT rug pull scheme for their collection named “Frosties”  —  They'd already announced a follow-up series  —  US government prosecutors have charged two men with fraud and money laundering over a cryptocurrency “rug pull” scheme.
BBC:
UK police arrest seven people aged 16 to 21 as part of an investigation “into a hacking group”, but did not say if the teenager behind Lapsus$ is among them  —  A 16-year-old from Oxford has been accused of being one of the leaders of cyber-crime gang Lapsus$.
Preetika Rana / Wall Street Journal:
Uber agrees to list all ~14K New York City taxis on its app, rolling out later this spring; fares will be roughly the same for taxi rides as for Uber X rides  —  Company that vowed to disrupt the U.S. taxi industry is now betting that traditional taxis will fuel its next wave of growth
Bloomberg:
Instacart is slashing its valuation by almost 40% to $24B, down from $39B from March 2021 when it raised $265M  —  Instacart Inc. is slashing its valuation by almost 40% to about $24 billion, a move it says will help the company attract talent and adapt to market conditions.

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Earlier Picks

Jennifer Elias / CNBC:
Devlin Barrett / Washington Post:
Mehul Srivastava / Financial Times:
Paresh Dave / Reuters:
Mitchell Clark / The Verge: