Techmeme
December 29, 2021, 5:20 PM

Top News

Sergiu Gatlan / BleepingComputer:
T-Mobile confirms reports of a data breach caused by SIM swap attacks on a “very small number of customers”, following six other data breaches since 2018  —  T-Mobile confirmed that recent reports of a new data breach are linked to notifications sent to a “very small number of customers” who fell victim to SIM swap attacks.
Wall Street Journal:
Sources: following Haugen's leaks, Meta sought to divide lawmakers along partisan lines to forestall regulation, as Zuckerberg told employees not to apologize  —  Chief Executive Mark Zuckerberg drove response to disclosures about company's influence; sending deputies to testify in Congress
New York Times:
How tech founders and investors use the Qualified Small Business Stock tax break, a 1990s-era provision for SMBs, to minimize taxes on their investment profits  —  Once aimed at small businesses, a 1990s-era tax break has become a popular way for Silicon Valley founders and investors to avoid taxes on their investment profits.
Bloomberg:
Apple puts Foxconn's southern India factory on probation after worker protests shut it down and an investigation revealed substandard living conditions  —  - Foxconn apologized for lapses in worker living conditions  — Apple has asked for corrective actions before factory reopens
Cobie:
The dogecoin bull run in 2021 and recent $SOS token airdrop by a third party to OpenSea users show that the only scarce resource in crypto is attention  —  People talk a lot about scarcity in crypto.  Whether it's enforcing digital scarcity through NFTs or the idea that “there's 55m millionaires but only 21m bitcoins”.
Paul Butler:
Web3 game Axie Infinity's play-to-earn model blurs the lines between “player” and “worker”, creating a Ponzi scheme with built-in deniability  —  In Bullshit Jobs: A Theory, David Graeber makes the case that a sizable chunk of the labour economy is essentially people …
Chaim Gartenberg / The Verge:
HDMI Forum will introduce HDMI 2.1a, the new standard, at CES 2022, offering minor updates that will further complicate a system with haphazard device support  —  Brace yourself for yet another new HDMI standard  —  The HDMI standards are a mess.  HDMI 2.1, in particular …
Washington Post:
As the US faces record COVID-19 infections, effective use of exposure notification apps is unlikely given slow adoption and lack of data on their efficacy  —  The United States is grappling with record-high infections, but adoption of the system is still far behind what its creators and proponents envisioned
Laura Forman / Wall Street Journal:
Early pandemic winners, including Cathie Wood's ARK fund, Peloton, Zoom, Poshmark, DocuSign, Chegg, and Zillow, have seen their market value decline in 2021  —  Those former tech sweethearts that experienced a reversal in fortune this year could remain in the dumps in 2022

Sponsor Posts

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Techmeme Ride Home:
Thu. 11/21 - What The DOJ Wants Google To Do
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Abner Li / 9to5Google:
Kris Holt / Engadget:
Monica Alleven / Fierce Wireless:
Sergiu Gatlan / BleepingComputer:
Michail / GSMArena.com:
Shannon Liao / Washington Post: