Techmeme
January 20, 2022, 1:37 PM

Top News

Financial Times:
Sources: Meta plans to let users create and sell NFTs on Facebook and Instagram, display NFTs on user profiles, and is considering an NFT marketplace  —  Facebook's parent draws up plans to allow users to create and sell non-fungible tokens, seeking to enter hype-fuelled $40bn market
Alex Heath / The Verge:
Sources: Google's AR headset could launch in 2024, powered by a custom processor, resembling ski goggles, and without a tethered connection to external power  —  Meta may be the loudest company building AR and VR hardware.  Microsoft has HoloLens.  Apple is working on something, too.
Andrew Asmakov / Decrypt:
Crypto.com says its breach affected 483 users, resulting in unauthorized cryptocurrencies withdrawals worth ~$33.84M, and all users were reimbursed the same day  —  Cryptocurrency exchange Crypto.com has lost roughly $34 million in a recent security incident, according to a post-mortem released on Thursday.
Kurt Schlosser / GeekWire:
Amazon Style, the company's first physical fashion store, will launch in LA later this year, with an app that lets shoppers send items to the fitting room  —  Move over books and groceries, Amazon's latest foray into physical retail is focused on fashion.  —  The e-commerce giant announced Thursday …
Salvador Rodriguez / Wall Street Journal:
Twitter will let iOS users of its Blue subscription service use NFTs as their profile pictures  —  Service will be available to some users of the company's Blue subscriber service  —  Twitter Inc. will start allowing some users to use nonfungible tokens as their profile pictures …
Ryne Hager / Android Police:
Google launches a limited beta of Google Play Games for PC, which brings Android games to Windows 10 and Windows 11, in Hong Kong, South Korea, and Taiwan  —  You'll need a relatively powerful computer for now.  And for once, the US isn't getting a Google thing first
Miles Kruppa / Financial Times:
Sources: a16z plans to raise $3.5B for its latest cryptocurrency fund and up to $1B for a fund focused on seed investments in digital asset startups  —  Planned fundraising illustrates how Silicon Valley firms are fuelling boom in cryptocurrency start-ups  —  Andreessen Horowitz plans …
Mack DeGeurin / Gizmodo:
This summer the IRS will require users to log in via ID.me, which uses facial recognition in its authentication process, to file taxes, make payments, and more  —  You will have to submit sensitive government documents, your Social Security number, credit history, and a face scan to ID.me, a third-party company.
Reuters:
Russia's central bank proposes banning cryptocurrency use and mining, citing threats to financial stability, citizens' wellbeing, and monetary sovereignty  —  Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory …
Mark Mulligan / MIDiA Research:
Research finds the base of global music subscribers grew to 523.9M by the end of Q2 2021, up 26.4% YoY; Spotify's market share dropped from 33% to 31%  —  MIDiA's annual music subscriber market shares report is now available here (see below for more details of the report).  Here are some of the key findings.
Lydia Moynihan / New York Post:
Sources: TikTok ousted its marketing chief Nick Tran after he went “rogue” with plans like TikTok Kitchen, NFTs by Lil Nas X and others, and TikTok Resumes  —  TikTok's marketing chief has been ousted after blindsiding top management with a series of increasingly bizarre campaigns, The Post has learned.
Sean Lyngaas / CNN:
Red Cross says a cyberattack on a vendor for over 60 Red Cross and Red Crescent societies compromised the personal data of 515,000+ “highly vulnerable people”  —  (CNN)A cyberattack on a contractor used by the International Committee of the Red Cross (ICRC) has compromised …
Mahira Dayal / The Information:
TikTok says it is testing allowing creators to charge subscriptions for their content  —  TikTok is testing the idea of allowing its creators to charge subscriptions for their content, a spokesperson told The Information.  Earlier Wednesday, rival Instagram announced it was offering paid subscriptions to a small group of influencers.
Wall Street Journal:
Sources: in recent weeks, CEO Bobby Kotick suggested Activision Blizzard make an acquisition, including of trade publications like Kotaku and PC Gamer  —  After a lawsuit and a Journal report, the company's stock was falling, board members were getting anxious—and the tech giant was ready to take a gamble
Mark Bergen / Bloomberg:
Internal email: Google is creating a unit under its Labs division for blockchain and other distributed tech, led by engineering VP Shivakumar Venkataraman  —  Google is forming a group dedicated to the blockchain and related technologies under a newly appointed executive who has spent …
Abner Li / 9to5Google:
Google says it will transition organizations using G Suite legacy free edition to an upgraded Google Workspace paid subscription starting on July 1  —  In 2020, G Suite became Google Workspace as part of a mass reorganization of the company's apps for the “future of work.”
Kate Park / TechCrunch:
South Korea's Greenlabs, which wants to digitize the entire value chain of agriculture space from crop production to distribution, raises a $140M Series C  —  Greenlabs, a South Korean agtech startup, announced this week it has closed a $140 million Series C led by BlueRun Ventures …
Emma Roth / The Verge:
AT&T begins its 5G C-band rollout in eight US metro areas, including Austin and Chicago, after delaying rollouts around airports due to safety concerns  —  The company is lighting up towers in just eight locations amidst pushback from airlines  —  AT&T is lighting up its expanded 5G service …
Kyle Alspach / VentureBeat:
Virtru, which offers encryption for data shared over email, SaaS apps, and more, raises a $60M Series C, bringing its total funding to $136.8M  —  Data security and privacy firm Virtru, which today announced raising a $60 million series C funding round, said that usage of its encryption platform …

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
How you can grow your business with Zoho One  —  Zoho One is a comprehensive business suite, giving businesses the scalability, stability, security, and features they need for smooth operations.
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
Wed. 11/13 - Amazon Haul
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 1:37 PM ET, January 20, 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

Earlier Picks

Sarah Perez / TechCrunch:
Dustin Volz / Wall Street Journal: