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April 12, 2022, 9:30 AM
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memeorandum
WeSmirchTop 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 …
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Meta, YouTube, Reuters, Insider, Protocol, VentureBeat, TechCircle, Laptop Mag, CNBC, TechCrunch, PhoneArena, cybernews.com, Neowin, Cryptonews, Tubefilter, Social Media Today, VRScout, CoinDesk, The Economic Times, Android Central, Road to VR, UploadVR, and Engadget
Facebook: Mark Zuckerberg. Tweets: @tomaxwell, @brianjjackson, @mixedrealitytv, @oculos410, @alexdchandler, @jonvirtual, @alexeheath, @ericpresidentvr, @iainmacl, @alexeheath, @slhamlet, @ballmatthew, @ernestle, and @boztank
| Mark Gurman / Bloomberg: |
Sources: Apple has delayed adding a blood pressure monitor to Watch until 2024, possibly 2025, after difficulties with accuracy during testing — Apple Inc.'s plan to add a highly anticipated blood-pressure monitor to its smartwatch has hit some snags and the technology isn't expected … | 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.
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The Block, CoinDesk, Fortune, Cointelegraph, the mesha tribe, GitHub, Cryptonews, Micky, CryptoPotato, and The d-Learner Path
Tweets: @vdwijden, @vdwijden, @cory_eth, @bulldogholmes, and @monetarywonk
| Bhanvi Satija / Reuters: |
Research: TikTok's ad revenue is projected to triple in 2022 to $11B+, surpassing Twitter and Snapchat combined, which are expected to make $5.58B and $4.86B — Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales …
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eMarketer, PYMNTS.com, Telecoms.com, The Information, Coinspeaker, The Times, dot.LA, Pandaily, Benzinga, PingWest, and Tech News. Tweets: @tanarrowz
| Zack Seward / CoinDesk: |
Circle, which maintains the USDC stablecoin, raises $400M from BlackRock, Fidelity, and others, after raising $440M in May 2021 — The firm raised $440 million last May. — Circle Internet Financial said it raised $400 million in a funding round including BlackRock, Fidelity, Marshall Wace LLP and Fin Capital.| 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 …
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CNET, Waivly, The Crypto Connection, HYPEBEAST, CryptoSlate, one37pm.com, The Block, Coinspeaker, Protocol, Bitcoin News, Crypto Briefing, Decrypt, Benzinga, and Forkast
Tweets: @mdudas, @piques15, @electiondaymad1, @alex, @valkenburgh, @discoverxnft, and @mixtatiq
| Andi Ortiz / The Wrap: |
Last Week Tonight's John Oliver weighed in on data brokers, showing how easy it was to target members of Congress with ads after obtaining their personal info — John Oliver escalated his typical shenanigans on Sunday night's episode of “Last Week Tonight,” going from poking fun at politicians to outright blackmailing them.
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LastWeekTonight - YouTube, Rolling Stone, BGR, HuffPost, Near Media, 9to5Google, and Protocol
| 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.
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Protocol, TechSpot, Meta, LatestLY, B&T, Silicon Valley Business …, New York Post, and Australian Financial Review
Tweets: @davidgura, @jackpullara, and @gregbensinger
| Dina Bass / Bloomberg: |
Some business customers say Microsoft's licensing rules make it harder and costlier to run Windows and Office on rival cloud platforms like AWS and Google Cloud — The current tide of antitrust scrutiny and regulations focused on big technology companies has conspicuously omitted one company … | 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 — The Food and Drug Administration has given Fitbit the green light to monitor users' heart rhythms in the background.| Alex Konrad / Forbes: |
A profile of a16z's Chris Dixon, whose early bets on crypto startups, including Coinbase, Uniswap, and Dapper Labs, have made him Forbes' top VC in the space — The Andreessen Horowitz partner is the new no. 1 on Forbes' 21st annual Midas List of top venture investors, thanks to savvy bets on tokens … | Taylor Hatmaker / TechCrunch: |
Meta has sent ~90 subpoenas related to the FTC's antitrust case to companies including Dispo, which says the requests are “overbroad, vexatious, and harassing” — On a quest to show the FTC that it isn't a monopoly, Meta flooded a wide swath of major tech companies with subpoenas last month.
Tweets: @tayhatmaker, @dlisscious, @nmasc_, and @seyitaylor
| Max A. Cherney / Protocol: |
Filing: Chipmaker Ampere Computing, founded by former Intel president Renee James, has filed for an IPO; Oracle reportedly has a 20%-50% stake in Ampere — Oracle-backed server processor startup Ampere Computing said Monday that it plans to go public, filing initial confidential paperwork with the SEC.
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DCD, SiliconANGLE, The Next Platform, CRN, Silicon Valley Business …, and Oregonian. Tweets: @dylan522p
| Bloomberg: |
Sources: Singapore-based fashion marketplace Zilingo suspends CEO Ankiti Bose, after attempts to raise $150M-$200M led to an investigation over its accounting — Zilingo Pte, one of Singapore's highest-profile startups, has suspended Chief Executive Officer Ankiti Bose after an effort … | 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.
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About Netflix, The Verge, TNW, PhoneArena, MSPoweruser, XDA Developers, Variety, TechSpot, Fossbytes, Tom's Guide, Pocket-lint, Neowin, SlashGear, GameSpot, CNET, iPhone in Canada Blog, Android Police, Engadget, and Android Authority
Tweets: @carnage4life, @dcseifert, @alexhcranz, @mmasnick, @ihnatko, and @jank0
| Mike Wheatley / SiliconANGLE: |
Critical Start, a managed detection and response service for enterprises, raises $215M from Vista Equity Partners — Cybersecurity firm Critical Start Inc., which sells a managed detection and response solution to enterprises, said today it has closed on a bumper $215 million strategic growth investment from Vista Equity Partners.
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VentureBeat, Dallas Business Journal, and PR Newswire
| Yogita Khatri / The Block: |
Chicago-based BloXroute, which develops blockchain agnostic tools for DeFi trading, raises a $70M Series B led by Vision Fund 2 — Quick Take — BloXroute has raised $70 million in new funding from SoftBank, Jane Street and others. — The firm plans to expand its team to 100 people, CEO Uri Klarman says.| 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
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Gizchina, Protocol, Washington Post, NBC News, Financial Times, and ZDNet
Tweets: @tomgara, @chafkin, @ryanlawler, @markmilian, @parmy, @pmarca, @spakhm, @jesslivingston, @quasimondo, @ldrogen, @crypto, @technology, @tvietor08, @retalk_network, @paulg, @paulg, @elonmusk, @bradstone, @karaswisher, @elonmusk, @paulg, @pmarca, @pmarca, @pmarca, @pmarca, @pmarca, @pmarca, and @pmarca
| Megan Graham / Wall Street Journal: |
IAB: US digital ad spend rose 35% YoY to $189B in 2021, the largest gain since 2006; 10 publishers and platforms took 78.6% of the total, up from 78.1% in 2020 — Advertising has followed shopping online during the pandemic at a breathless rate. The ad spend was concentrated—78.6% … | Catherine Shu / TechCrunch: |
Mental health app Real, which offers subscriptions from $13 per month, raises a $37M Series B led by Owl Ventures, bringing its total funding to $53M — Real, a mental health app, has raised a $37 million oversubscribed Series B. The round was led by Owl Ventures, with participation …
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Business Wire
| Akshat Rathi / Bloomberg: |
A look at Stripe's $925M Frontier initiative, which funds carbon-removal startups and has received funding from Alphabet, Shopify, Meta, and others — Some of the world's largest companies will spend $925 million buying offsets from startups that remove carbon dioxide from the air.
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South China Morning Post. Tweets: @stacykauk, @stacykauk, @tobi, @shakeelhashim, @akshatrathi, @akshatrathi, @akshatrathi, @christineburns, @jasonclimateguy, and @johnfraher
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