Techmeme
April 12, 2022, 5:05 AM

Top News

The Verge:
Meta rolls out a test for some creators to sell virtual items and effects in Horizon Worlds, which will take a 25% cut of any sale after app store fees  —  Horizon Worlds will take a 25 percent cut of any sale after app store fees  —  Meta is testing new features to let creators …
Janko Roettgers / Protocol:
Netflix is rolling out a Double Thumbs Up ratings option, which will appear next to the thumbs up and down buttons, to let it refine content recommendations  —  For nearly five years, Netflix has had simple thumbs-up and thumbs-down icons to express viewing preferences and help its algorithms provide better recommendations.
Brad Stone / Bloomberg:
Marc Andreessen has tweeted ~350 times in the past two weeks, often referring to “the current thing” meme, joined by Elon Musk and others  —  Three of America's top technologists are talking and tweeting with unusual fervor.  But first...  - Beijing is targeting tech companies' algorithms
Olga Kharif / Bloomberg:
Ethereum developers launch the so-called mainnet shadow fork, a key stress test ahead of the proof-of-stake Merge upgrade, expected to reduce energy use by ~99%  —  Ethereum's network is inching closer toward its much-anticipated software upgrade known as the Merge, having just entered a key testing step.
Amanda Silberling / TechCrunch:
Over 14,000 Etsy sellers start a week-long strike over an increase in transaction fees from 5% to 6.5%, grievances with Etsy's Offsite Ads program, and more  —  If you're in the market for funky trinkets and unique, handmade clothing, you might want to put off your shopping until next week.
Wall Street Journal:
Okta, IBM, and other companies are increasingly setting aside college degree requirements for US job applicants, opening up tech jobs to a range of new talent  —  The pandemic has helped catapult Americans in low-paying roles into more upwardly mobile careers
Catherine Shu / TechCrunch:
Voyager Innovations, owner of popular Filipino financial app PayMaya and neobank Maya Bank, raises $210M led by SIG Venture Capital at a $1.4B valuation  —  Voyager Innovations, the owner of Philippines' payment and financial services app PayMaya and neobank Maya Bank, announced today …
Teddy Amenabar / Washington Post:
Educators say esports infrastructure company PlayVS is misrepresenting itself as the exclusive provider of interscholastic high school esports for some games  —  For the past three years, the Washington State Scholastic Esports Association has been coordinating video game competitions for teams at different schools across the state.
Jill R Shah / Bloomberg:
Filing: Meta spent $26.8M on Mark Zuckerberg's security in 2021, up 6% from 2020, far above other execs, such as Sundar Pichai ($4.3M) and Jeff Bezos ($1.6M)  —  The cost of keeping Mark Zuckerberg safe keeps going up for Meta Platforms Inc., far outstripping what similar technology companies with high-profile executives are spending.
Eli Tan / CoinDesk:
Coinbase will produce a movie trilogy based on the Bored Ape Yacht Club, set to premier at NFT.NYC in June; BAYC owners can submit their apes for consideration  —  The trio of films will tie into the launch of Coinbase's long-awaited NFT marketplace.  —  The Bored Ape Yacht Club is getting …
Ingrid Lunden / TechCrunch:
Stenn, which uses data analytics to provide loans to SMBs working in international trade, raises $50M from Centerbridge at a $900M valuation  —  Globalization has been one of the biggest trends in e-commerce in the last decade: internet rails facilitate a much wider marketplace of would-be consumers …
More: Finextra
Omar Abdel-Baqui / Wall Street Journal:
Elon Musk appears to have deleted some tweets critical of Twitter and its leadership; Musk liked a tweet saying he was “told to play nice and not speak freely”  —  Elon Musk appears to have deleted some tweets taking aim at Twitter Inc. amid his decision not to join the social-media company's board of directors.
Axios:

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Reuters: