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Techmeme
April 12, 2022, 5:05 AM
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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:
Elon Musk tweets that all Twitter Blue subscribers “should get an authentication checkmark” and that the service should be ad-free for a lower ~$2/month price

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:05 AM ET, April 12, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Max Tani / @maxwelltani:
WSJ opinion editor Paul Gigot defends Stanley Druckenmiller's use of AI to write an op-ed, saying “nobody can doubt that his op-ed is his genuine opinion”

Benjamin Mullin / New York Times:
Forbes and Shook Research suspend their joint rankings and events as they review a $6M payment from founder RJ Shook to former top editor Randall Lane

Matthew Keys / TheDesk.net:
A US federal appeals court sets aside an FCC notice that would have let political parties and joint fundraising committees qualify for lowest broadcast ad rates

More News

Kris Holt / Engadget:
Fitbit receives FDA clearance for passive heart rhythm monitoring to detect signs of atrial fibrillation (AFib) and will roll out the feature in the US soon
Sara Fischer / Axios:
French social app BeReal, which encourages users to post one selfie per day, has exploded in popularity with Gen Z users; Apptopia says MAUs are up 315% in 2022
New York Times:
In the absence of federal crypto regulations in the US, lobbyists and executives are helping draft and pass favorable bills at state level

Earlier Picks

Reuters:
Epic Games, which makes Fortnite, raises $2B from Sony and KIRKBI, the holding company behind LEGO, at a $31.5B post-money valuation
Zheping Huang / Bloomberg:
China has approved the first batch of video game licenses since its freeze in July; games from Tencent and NetEase were not approved
Foo Yun Chee / Reuters:
Source: Apple will face an additional EU antitrust charge in the coming weeks, in an investigation into music streaming triggered by a complaint from Spotify
Reuters:
Sources and leaked docs: senior EU officials were targeted last year with Israeli spyware, including Belgian statesman Didier Reynders; NSO denies involvement
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