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December 21, 2021, 8:35 PM
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| Vlad Savov / Bloomberg: |
Jack Dorsey sparks uproar by tweeting “You don't own ‘web3.’ ...VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity” — Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey …
Source:
@jack. More:
CoinDesk, PYMNTS.com, Livemint, TNW, BGR India, Engadget, KnowTechie, CryptoSlate, Cointelegraph, Bankless Times, Decrypt, Cryptonews, Crypto Briefing, and India Today
Tweets: @elonmusk, @jack, @joemccann, @jack, @balajis, @balajis, @jack, @antoniogm, @pt, @kelseyhightower, @mdudas, @balajis, @packym, @jack, @erikvoorhees, @cdixon, @grady_booch, @cdixon, @kevinsekniqi, @trungtphan, @arthurb, @mdudas, @karlbode, @adamscochran, @olivierjanss, @howardlindzon, @gaberivera, @lopp, @antoniogm, @bigblackjacobin, @terenceleejx, @jack, @joemccann, @ourielohayon, @iamdcinvestor, @thestalwart, @vladsavov, @cdharrison, @thestalwart, @ashleevance, @asvanevik, @liamspradlin, @kelseyhightower, @nadertheory, @nikitabier, @thestalwart, @samecwilliams, @thestalwart, @levie, @mutedialog, @shonaghosh, @jacklipstone, @taha_zafar12, @pierce, @balajis, @punk6529, @backlon, @olivierjanss, @jason, @jakeudell, @silvermanjacob, @cdixon, @anildash, @mdudas, and @kelseyhightower
| The Cloudflare Blog: |
TikTok.com was the most popular domain globally between August and December 2021, after passing Google, Facebook, Microsoft, Apple, and Amazon this year — Loading... Sofia Cardita — The years come and go, Internet traffic continues to grow (at least so far and with some ‘help’ from the pandemic) …
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CNET, First Futurist, The Register, TechRadar, Android Headlines, Gizmodo, and Slashdot
Tweets: @ericxtang, @b_fung, @flyfazfly, @epro, @evelyndouek, @rsbutner, @carnage4life, and @cloudflare
| Todd Spangler / Variety: |
AT&T plans to sell its Xandr programmatic advertising marketplace to Microsoft; the deal would not include the ad sales business supporting DirecTV — Financial terms of the deal were not disclosed; the transaction is subject to customary closing conditions, including regulatory reviews.
More:
PR Newswire, Wall Street Journal, The Information, Microsoft Advertising, AdExchanger, Digiday, Bloomberg, SiliconANGLE, Axios, OnMSFT.com, MSPoweruser, GeekWire, Tech Xplore, and TechRadar
Tweets: @aripap, @aaronwall, @aexm, @sarafischer, @msftadvertising, @xandr, @msftnews, @epro, and @ericjackson
| Mehul Srivastava / Financial Times: |
Sources: how a 2019 NSO deal to sell Pegasus to Uganda, followed by an unknown actor using Pegasus to try to hack the US embassy in Uganda, led to NSO's decline — For years, the Israeli spyware maker thrived through scandal. Then, US diplomats in Uganda got hacked by Pegasus
More:
iThinkDifferent, The Electronic Intifada, BGR, and Daring Fireball
Tweets: @qataharraymond, @kizzabesigye1, and @leshaque
| Lucas Shaw / Bloomberg: |
OnlyFans founder Tim Stokely steps down as CEO, naming head of communications and marketing Ami Gan as his replacement; Stokely will remain as an adviser — OnlyFans named spokesperson Ami Gan as its new chief executive officer, replacing Tim Stokely, who founded and built the media company …
More:
PR Newswire, BBC, Forbes, Observer, The Independent, Gizmodo, Tubefilter, TechCrunch, Wall Street Journal, NBC News, Variety, Input, Financial Times, New York Post, VICE, CNET, and Hollywood Reporter
Tweets: @lucas_shaw, @ashleylatke, @xbunnyxkissesx, @alanaevansxxx, and @pkafka
| Jamie Crawley / CoinDesk: |
Kraken acquires non-custodial staking platform Staked and claims it's “one of the largest crypto industry acquisitions to date”, but doesn't disclose a price — The crypto exchange referred to the deal as “one of the largest crypto industry acquisitions to date” but did not disclose the amount paid.
More:
Business Wire, Kraken Blog, City A.M., Crypto Briefing, Blockworks, Cointelegraph, The Block, and CryptoNinjas
Tweets: @asvanevik, @mayazi, @brianchoffman, @krakenfx, and @cointelegraph
| Kimberly Chin / Wall Street Journal: |
McDonald's is selling Dynamic Yield, a startup it acquired for $300M+ in 2019 that helps retailers offer personalized digital promotions, to Mastercard — Burger chain acquired startup in 2019 for more than $300 million, which was then its largest acquisition in decades
More:
PYMNTS.com, CNBC, PYMNTS.com, Business Wire, Benzinga, The Times of Israel, QSR magazine, CTech, CIO Dive, Restaurant Business, Barron's Online, Globes Online, and Bloomberg
Tweets: @mastercardnews, @jerrycap, and @martyswant
| Mitchell Clark / The Verge: |
Meta says over half of its Bulletin newsletter platform's 115 creators have over 1,000 free subscribers, “with many having more than 5,000 or 10,000” — Six months in and there are 115 publications writing on it — A new blog post from Meta marks the six-month anniversary of its newsletter publishing platform, Bulletin.| Mathew Olson / The Information: |
Meta says it acquired ImagineOptix, a North Carolina-based startup specializing in liquid crystal lenses, which could help reduce the size of VR headsets — It's time to add another company to the list of Meta's acquisitions in the AR/VR industry. Meta has acquired ImagineOptix …
More:
KGOnTech and SiliconANGLE
| Stephanie Chan / Sensor Tower Blog: |
In 2021, 906 developers are projected to pass $1M annual revenue for the first time on Apple's App Store and Google Play, vs. 475 in 2016 and 1,003 in 2020 — As global consumer spending in mobile apps is projected to again reach new heights in 2021, Sensor Tower Store Intelligence data reveals …
More:
iThinkDifferent, The Mac Observer, AppleInsider, 9to5Mac, iMore, VentureBeat, and iPhone in Canada Blog. Tweets: @sensortower
| Mark Gurman / Bloomberg: |
Amid COVID-19 concerns, Meta, Pinterest, and Twitter cancel in-person CES plans, while T-Mobile and AMD plan a limited presence, as others monitor conditions — - Google, HTC, Samsung and Sony still currently plan to go — Host of CES conference remains steadfast in moving forward| The Information: |
Sources: Bolt, which offers a one-click checkout service, is seeking to raise ~$400M at a $14B valuation, after raising $393M at an $11B valuation in October — With the ink barely dry on one fundraising effort by Bolt, a firm that makes e-commerce checkout software, the startup is already pitching investors on a new round.| Obey Manayiti / Financial Times: |
Walmart, Target, and others deploy tools to track and block bots from snapping up products before Christmas amid a 73% rise in bot traffic between Oct. and Nov. — Fast software scours retailer websites for popular toys and games to resell at higher prices| Isla McKetta / Speedtest Stories & Analysis: |
A look at US satellite internet speeds, with Starlink median download/upload speeds of 87.3 Mbps and 13.5 Mbps, followed by HughesNet at 19.3 Mbps and 2.5 Mbps — Satellite internet is making headlines across the globe as Starlink continues to launch service in new countries and Viasat plans to acquire Inmarsat.
More:
SiliconANGLE, Pocketables, RCR Wireless News, KnowTechie, PCMag, Telecompetitor, Tom's Guide, MobileSyrup, and iPhone in Canada Blog
Tweets: @gavinsbaker, @satcom_guru, and @trengriffin
| Juro Osawa / The Information: |
Sources: despite resigning as CEO and chair, ByteDance founder Zhang Yiming remains as active as ever, focusing on long-term business opportunities and strategy — Zhang Yiming, founder of ByteDance, the Chinese company that owns TikTok, resigned as CEO and chair earlier this year.
Tweets: @alexeheath, @sam_l_shead, @theinformation, and @juroosawa
| New York Times: |
Crypto and blockchain startups raised $28B+ in 2021, up 4x YoY, according to PitchBook, as large tech companies lose execs and engineers to crypto companies — Tech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportunity with crypto.| Politico: |
Sources detail Amazon's increasingly close relationship with the DOJ and FBI, as it tips off the agencies to investigate its employees and third-party sellers — Amazon has increasingly tipped off the Justice Department and FBI to investigate its own employees and the sellers using its platform …
Tweets: @birnbaum_e, @_jack_poulson, @realjunsonchan, @amy_k_nelson, @dlippman, @dlippman, @amy_k_nelson, @ali_lev, @dlippman, and @amy_k_nelson
| Anna Heim / TechCrunch: |
Tackle, which helps companies sell software on AWS, GCP, Azure, and Red Hat marketplaces, raises a $100M Series C led by Coatue and a16z at a $1.25B valuation — Tackle.io, an Idaho-based startup that helps software companies sell through cloud marketplaces such as AWS's …
More:
Tackle, PR Newswire, VentureBeat, SiliconANGLE, and Buffalo Business Journal. Tweets: @rseroter
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CIO challenge 5: Can we find an effective solution that also minimizes operational costs? — Welcome to the next and final installment of our CIO series! After what feels like a thousand cups of coffee …
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