Techmeme
April 7, 2022, 12:55 PM

Top News

Paul Vigna / Wall Street Journal:
One-click checkout service Bolt acquires crypto payments startup Wyre, sources say for around $1.5B  —  Deal extends crypto's hot M&A market following record deal activity in 2021  —  Bolt Financial Inc., a payments-focused financial technology company, is acquiring crypto-services startup …
Manish Singh / TechCrunch:
Coinbase adds support for the popular UPI payment method in India, making the cryptocurrency exchange functional in the country for the first time  —  Coinbase is adding support for the popular UPI payment instrument in India, making its eponymous cryptocurrency exchange functional …
Abner Li / 9to5Google:
Google announces “multisearch” for Lens, letting users ask questions about photos and screenshots, available in beta in the US on iOS and Android  —  One of the most interesting announcements at Google's Search-focused keynote in September was a big upgrade to Lens that lets you take a photo and ask questions about it.
Andrew Hayward / Decrypt:
OpenSea adds Solana NFT trading support in beta; a marketplace search shows 865K NFTs minted on Solana  —  At long last, Solana support is finally live on OpenSea—in beta mode.  —  In brief  — Solana NFTs have been added to OpenSea, the largest overall NFT marketplace.
Alyse Stanley / Washington Post:
Epic Games and Lego form a long-term partnership to “shape the future of the metaverse” by building a safe place for children to play but offer few details  —  Epic Games has already outlined ambitious plans for the metaverse and Thursday the “Fortnite” maker announced it intends to build part of it with Legos.
Hannah Murphy / Financial Times:
Nitasha Tiku / Washington Post:
How Gwyneth Paltrow, Mila Kunis, and others are pushing women to invest in NFTs, which critics see as a form of self-serving feminism centered on white women  —  Gwyneth Paltrow and Mila Kunis joined a Zoom in January to encourage 5,000 women in the audience to break into the male-dominated world of crypto.
Naomi Nix / Washington Post:
Meta disrupts several covert influence operations against Ukraine by Belarus- and Russia-linked actors, including attempts to hack Ukrainian military personnel  —  Facebook said Thursday it disrupted several covert influence operations targeting Ukrainians, as the company has intensified …
CoinDesk:
Treasury Secretary Janet Yellen gives her first speech on digital assets, saying a central bank digital currency would require years of development and more  —  The U.S. official addressed CBDCs, stablecoins and regulations.  —  A digital dollar could become a “trusted money comparable to physical cash …
Wall Street Journal:
Sources: online fast fashion retailer Shein raised between $1B and $2B in a round closed last week, valuing it at $100B; Shein was valued at ~$15B in 2020  —  China-based fast-fashion seller now worth more than H&M and Zara combined  —  Fast-fashion retailer Shein was valued at $100 billion …
Jonathan Stempel / Reuters:
Berkshire Hathaway discloses that it has purchased ~121M shares of HP Inc, worth ~$4.2B, for an 11.4% stake; HP's stock rises 11%+  —  Berkshire Hathaway Inc (BRKa.N) disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc (HPQ.N), the latest in a series of large investments …
Ingrid Lunden / TechCrunch:
OpenPhone, which provides SMBs with a business phone line through its mobile app, raises a $40M Series B led by Tiger Global, bringing its total funding to $56M  —  Pam answering the phone at Dunder Mifflin become one of the most iconic refrains of life at The Office, and it's really no wonder that it did …
More: FinSMEs
Song Jung-a / Financial Times:
Samsung expects Q1 operating profit to rise 50% YoY to $11.6B, the highest since 2018, and revenue to rise 18% YoY to $63B on strong smartphone and chip sales  —  South Korean group's strong sales undercut by performance concerns against rivals Apple and TSMC
Jay Peters / The Verge:
Activision Blizzard will make all of its 1,100 temporary and contingent QA workers full-time employees starting July 1 and will raise minimum hourly rate to $20  —  Nearly 1,100 temp game testers are getting full-time jobs with benefits  —  Activision Blizzard has just announced …
Audrey An / The Keyword:
Google will roll out Privacy Guide, a guided tour of privacy and security settings in Chrome, to all desktop users on version 100 or above in the coming weeks  —  Product Manager, Chrome at Google Safety Engineering Center Munich  —  Your browser plays a big role in your online experience — including protecting your privacy.
Christine Hall / TechCrunch:
Mexico City-based online-only supermarket Jüsto raises a $152M Series B led by General Atlantic, after raising a $65M Series A in February 2021  —  Jüsto, the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market.
Matt Burgess / Wired:
New data-sharing proposals in Europe push for the expansion of facial recognition and to allow police forces across the EU to link their photo databases  —  Lawmakers advance proposals to let police forces across the EU link their photo databases—which include millions of pictures of people's faces.
Sarah Perez / TechCrunch:
Google plans to hide and block Play Store apps that don't target an Android API within two years of the latest major Android release, starting on November 1  —  Google is preparing to clear its Play Store of outdated apps.  The company warned Android app developers that starting on November 1 …
Foreign Affairs:
Russia's cyberattacks on government, military, logistics, and critical infrastructure have been its biggest military success to date in the war in Ukraine  —  After Russia invaded Ukraine, many observers initially expected cyberattacks to steal the limelight as a major instrument in Russia's arsenal.

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