Techmeme
January 20, 2022, 11:00 PM

Top News

Salvador Rodriguez / Wall Street Journal:
Twitter will let iOS users of its Blue subscription service use NFTs as hexagon-shaped 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 …
Alex Heath / The Verge:
Sources: Google's AR headset could launch in 2024, powered by a custom processor, resembling ski goggles, and no need for an external power connection  —  Meta may be the loudest company building AR and VR hardware.  Microsoft has HoloLens.  Apple is working on something, too.  But don't count out Google.
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
Lauren Feiner / CNBC:
The Senate Judiciary votes 16-6 to advance the American Innovation and Choice Online Act, which would stop platforms from favoring their products over rivals'  —  The Senate Judiciary Committee voted 16-6 Thursday to advance a major tech competition bill, which some experts consider lawmakers' best shot …
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.
Todd Spangler / Variety:
Netflix reports Q4 revenue of $7.71B, up 16% YoY, net income of $607M, 222M paid subscribers, and $30B in 2021 revenue, up 19%; stock down ~20% on weak guidance  —  Netflix ended 2021 with a slightly lower-than-expected subscriber gain in the fourth quarter, and its stock took a dive with a weak Q1 outlook.
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 …
John Paczkowski / BuzzFeed News:
Apple names longtime company spokesperson Kristin Huguet as VP of worldwide communications, replacing Stella Low, who is leaving after joining Apple in May 2021  —  Apple has tapped a new head of PR: longtime company spokesperson Kristin Huguet.  She'll replace Stella Low …
Lorenzo Franceschi-Bicchierai / VICE:
Several services that rely on OpenSea's APIs, including Twitter and MetaMask, are having trouble displaying NFTs as the marketplace suffers a “database outage”  —  A Thursday outage interfered with the ability of MetaMask, which depends on OpenSea, to automatically display new NFTs.
Lydia Moynihan / New York Post:
Sources: TikTok ousted its marketing chief Nick Tran for “going 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.
Filipe Espósito / 9to5Mac:
Apple releases iOS 15.3 RC and macOS Monterey 12.2 RC with a fix for Safari 15's IndexedDB API, which leaked users' browser history and Google ID to other sites  —  We recently reported that Apple was working on a fix for a Safari bug that led to the leaking of users' browsing history and Google ID.
Jeff Cox / CNBC:
The US Federal Reserve releases its long-awaited report on a digital dollar but doesn't take a position on issuing one, and seeks public feedback for 120 days  —  - The Federal Reserve on Thursday released its long-awaited exploration of a digital dollar but took no position on the issuance of a central bank digital currency.
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 …
Washington Post:
Analysis: many right-wing personalities saw their followers surge on sites like Telegram, Gab, and Gettr after the January 6 riot, but growth has since stalled  —  After a short surge following the Jan. 6 riot last year, the number of people following noted right-wing personalities on services …
Eric Newcomer / Newcomer:
Profile of Hemant Taneja, who became the sole managing partner of General Catalyst in 2021, as the firm raises a seed, venture, and growth fund totaling $4.6B  —  General Catalyst's idealist investor Hemant Taneja is quietly running the firm  —  Hemant Taneja somehow finds time to be an idealist and an operator.
Frederic Lardinois / TechCrunch:
Prophecy, which lets data engineers build workflows by switching between a visual interface and a code editor, raises a $25M Series A led by Insight Partners  —  Prophecy, a low-code platform for data engineering, today announced that it has raised a $25 million Series A round led by Insight Partners.

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