Techmeme
January 20, 2022, 2:30 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 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.
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 …
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.
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 …
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
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.
Miles Kruppa / Financial Times:
Sources: by March, 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
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 …
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.
Mahira Dayal / The Information:
TikTok says it is testing letting creators 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.
Sarah Perez / TechCrunch:
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 …
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 …
Mark Mulligan / MIDiA Research:
Research: global music subscribers hit 523.9M in Q2 2021, up 26.4% YoY; Spotify had 31% market share; Apple Music, 15%; Amazon Music, 13%, and YouTube Music, 8%  —  MIDiA's annual music subscriber market shares report is now available here (see below for more details of the report).
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
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 …
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.”

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
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:
Zoho Forms for successful Black Friday sales  —  Black Friday is a retail frenzy that can significantly impact your bottom line.  To make the most of this shopping bonanza, you need a strategy that not only attracts customers …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Mon. 11/04 - Apple Buying And Investing In Things
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 2:30 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

Dustin Volz / Wall Street Journal: