Techmeme
March 30, 2022, 10:05 PM

Top News

Washington Post:
Meta paid Republican consulting firm Targeted Victory for a campaign to paint TikTok as a danger to the US, including placing op-eds in regional news outlets  —  Facebook parent company Meta is paying one of the biggest Republican consulting firms in the country to orchestrate …
William Turton / Bloomberg:
Sources say Apple and Meta gave user data to hackers in response to forged Emergency Data Requests; Discord said it had also fulfilled a forged legal request  —  Apple Inc. and Meta Platforms Inc., the parent company of Facebook, provided customer data to hackers who masqueraded as law enforcement officials …
Mark Gurman / Bloomberg:
Sources: Apple is planning to expand its financial services by adding payment processing, lending risk assessment, credit checks, fraud analysis, and more  —  Apple Inc. is developing its own payment processing technology and infrastructure for future financial products …
Richard Lawler / The Verge:
Apple updates its App Store rules in the Netherlands to let Dutch dating apps take payments through third-party processors, but a 27% commission still applies  —  But they can't avoid giving up a 27 percent commission  —  To help bring an end to wrangling with Dutch regulators that stretched …
Juli Clover / MacRumors:
Apple now lets “reader” apps link to websites for creating or managing user accounts, after the company gives access to an External Link Account Entitlement  —  Apple today informed developers of “reader” apps that they are able to sign up for access to an “External Link Account Entitlement” …
James Cridland / Podnews:
Bloomberg:
Blockchain.com says it has raised new funding at a $14B valuation led by Lightspeed, more than doubling its last valuation in March 2021  —  Startup Blockchain.com said it raised new funding that values the company at about $14 billion, more than doubling its worth in a sign …
Manish Singh / TechCrunch:
WhatsApp says its users send 7B voice messages daily on average and adds a waveform visualization, pause/resume, draft preview, out of chat playback, and more  —  Like most smartphone users in India, I use WhatsApp a lot.  But I have never sent anyone a voice message — ever.  Turns out, others do.
Bloomberg:
Sky Mavis COO Aleksander Larsen says the company is “fully committed to reimbursing” Axie Infinity players who lost funds and is “still working on a solution”  —  The company behind the popular Axie Infinity crypto game said it will reimburse online participants …
Andrew J. Hawkins / The Verge:
Waymo plans to offer fully autonomous rides in San Francisco, without a human safety driver, as part of a growing test, and expands its service area in Arizona  —  The company is also expanding its service area in Phoenix  —  Waymo plans to start offering rides in its fully autonomous vehicles …
Carly Page / TechCrunch:
IT and software developer Globant says its code repo was partially breached, after Lapsus$ shared 70GB of allegedly stolen data; Globant's stock closed down 10%  —  Just days after police in the U.K. arrested seven people over suspected connections to the now-infamous hacking and extortion group, Lapsus$ is claiming its latest victim.
Steve Zurier / SC Media:
IoT manufacturer Ubiquiti sues cybersecurity journalist Brian Krebs, claiming he falsely accused the company of covering up a cyberattack  —  Ubiquiti on Tuesday filed a lawsuit against industry blogger Brian Krebs for $425 million in damages for allegedly falsely accusing the company of “covering up” a cyberattack.
Duncan Riley / SiliconANGLE:
Nova Labs, formerly Helium, a network of 500K+ cryptocurrency-mining hotspots offering p2p networking, confirms it raised a $200M Series D at a $1.2B valuation  —  Decentralized wireless communication startup Helium Inc. today announced a change of name to Nova Labs Inc. and confirmed …
Nate Raymond / Reuters:
A judge invalidates Massachusetts' fiduciary duty rule that underlies a 2020 suit accusing Robinhood of encouraging inexperienced users to place risky trades  —  A Massachusetts judge on Wednesday dealt state securities regulators a major setback in their enforcement action …
Financial Times:
Sources: Arm plans to transfer shares from its China joint venture, which it failed to control and audit for two years, to SoftBank, to speed up a New York IPO  —  Shifting stake in chip designer's joint venture to a SoftBank special purpose vehicle would ease New York flotation
Olga Kharif / Bloomberg:
Chainalysis: $1B+ in crypto was stolen from bridge-related exploits in a little over a year across seven incidents; Dune: $21B+ is locked on Ethereum bridges  —  The hack of a so-called bridge supporting Axie Infinity's play-to-earn game revealed this week highlights the increasingly problematic nature …
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Earlier Picks

Malique Morris / The Information:
Gilad Edelman / Wired:
New York Times:
Mitchell Clark / The Verge:
Madhumita Murgia / Financial Times:
Wall Street Journal: