Techmeme
April 12, 2022, 10:25 AM

Top News

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 …
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 …
Zack Seward / CoinDesk:
Circle, which maintains the USDC stablecoin, raises $400M from BlackRock, Fidelity, and others, after raising $440M in May 2021  —  BlackRock and Fidelity headlined the stablecoin issuer's latest funding round, which follows a $440 million raise from last May.
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 …
Matt Burgess / Wired:
DuckDuckGo launches its privacy-focused browser on macOS in beta through a private waiting list  —  DuckDuckGo started out as a private search engine.  Now its web browser is debuting on Macs to rival Chrome, Safari, Edge, and Brave.  —  When Google launched Chrome back in 2008, it changed the web overnight.
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.
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 …
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.
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.
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.
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 …
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 …
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 …
New York Times:
NFT avatar startup Genies raises $150M led by Silver Lake at a $1B valuation, bringing its total funding to $250M  —  Silver Lake is leading a $150 million funding round for Genies, an avatar technology company that provides digital tools to create and sell online characters, clothes …
Kyle Wiggers / TechCrunch:
EvolutionIQ, which uses AI to help insurers analyze claimant data to speed up processing, raises $21M Series A led by Brewer Lane Ventures at a $150M+ valuation  —  Processing claims at scale presents a challenge for insurers, particularly where the claims entail factors like complex underlying health conditions.
More: FinSMEs
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.
More: CoinDesk and Reuters

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
MicroAcquire:
New opportunities are waiting for you  —  Join 100,000+ entrepreneurs buying and selling startups on the world's #1 acquisition marketplace.  Expertly curated to match serious buyers with pre-vetted startups of all sizes.
Zoho:
30 minutes is all you need.  Change your business forever this MSME Day!  —  It's time to celebrate!  To all the small and medium business entrepreneurs across the globe - your day is here—MSME Day 2022!
Storyblok:
The only headless CMS with a visual editor  —  Devs get the flexibility to build experiences for any frontend, while content creators need no coding skills to edit content independently.
Techmeme Ride Home:
Mon. 06/27 - Après Mai, Le Apple Déluge?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:25 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.

More News

Teddy Amenabar / Washington Post:
Wall Street Journal:

Earlier Picks

Amanda Silberling / TechCrunch:
Brad Stone / Bloomberg:
Janko Roettgers / Protocol:
Omar Abdel-Baqui / Wall Street Journal: