Techmeme
January 24, 2022, 3:05 PM

Top News

CNBC:
The cryptocurrency market has lost ~$130B over the past 24 hours; bitcoin and ether reached their lowest levels since July and are down 50%+ from all-time highs  —  - The cryptocurrency market had around $130 billion wiped off its value over 24 hours as the multi-day sell-off of major digital coins accelerated.
Cat Zakrzewski / Washington Post:
District of Columbia, Texas, Washington, and Indiana AGs sue Google for allegedly deceiving users to gain access to their location data from at least 2014  —  The complaints allege the company has deployed ‘dark patterns,’ design tricks that can subtly influence users' decisions in ways that are advantageous for a business
James Vincent / The Verge:
Meta unveils AI Research SuperCluster, a supercomputer for ML training, claiming it will have 16K GPUs and be the world's fastest upon completion in mid-2022  —  Designed to train the next-generation of machine learning systems  —  Social media conglomerate Meta is the latest tech company to build an …
Sami Fathi / MacRumors:
The Netherlands fines Apple €5M, saying Apple's IAP payment changes “failed to satisfy the requirements”; the fine rises €5M/week to €50M until Apple complies  —  The Dutch Authority for Consumers and Markets (ACM) has ruled that Apple's plan to allow App Store dating apps …
Elliptic Blog:
Research: an OpenSea bug is being exploited to purchase NFTs at below-market rates before flipping them, netting $1M+ across at least eight NFTs in 12 hours  —  A bug is being exploited to purchase NFTs from users of OpenSea, at well below market value.  Since this morning …
Juli Clover / MacRumors:
Some developers who use Apple's CloudKit have complained about an iCloud syncing bug for months; some are resorting to adding iCloud status pages to their apps  —  A number of developers are upset with an increasingly problematic iCloud server issue that is causing some apps …
Javier Espinoza / Financial Times:
Hundreds of German advertisers and publishers, including Axel Springer, say Google is breaking EU law by phasing out third-party cookies from Chrome by 2023  —  Axel Springer among the media groups demanding that Brussels intervene on search giant's plan  —  Google is facing a fresh complaint …
Wall Street Journal:
Internal docs: Facebook's “free” low-data service for developing countries has led to unexpected charges for users, totaling millions of dollars per month  —  Its program for low-income countries, designed to boost growth outside the U.S., leads to unexpected charges; the company blames software glitches
Kirsty Needham / Reuters:
Australian PM Scott Morrison lost control of his official WeChat account months ago, and a Chinese tech company now uses it to promote Chinese life in Australia  —  Australia's Prime Minister Scott Morrison's Liberal Party lost access to his official WeChat social media account months ago …
Ingrid Lunden / TechCrunch:
Deliverect, which integrates online orders from various food delivery services into restaurants' POS systems, raises a $150M Series D at a $1.4B+ valuation  —  As we have started to see the light at the end of the Covid-19 tunnel, food delivery has shaped up to continue to be a major business.
Manish Singh / TechCrunch:
Indian food delivery service Swiggy raises a $700M Series K led by Invesco, source says at a $10.7B valuation, after raising $1.25B at a $5.5B valuation in July  —  Swiggy, India's top food delivery startup, has raised $700 million in a new financing round, just six months after securing $1.25 billion …
Sylvia Pfeifer / Financial Times:
Autonomous air taxi startup Wisk Aero, a joint venture between Boeing and Kitty Hawk, raises $450M from Boeing  —  US manufacturer's Wisk investment is latest sign of investor appetite in emerging sector  —  Boeing has committed another $450m in an existing joint venture focused …
More: Reuters
Michael Pooler / Financial Times:
Lavca: VC investment into Latin America hit $15.3B in 2021 across 650+ deals, tripling 2019's record of $4.9B; 39% of capital was for fintech, 25% was ecommerce  —  Fintech continues to be biggest draw as 16 new ‘unicorns’ minted in the region  —  Venture capital investment into Latin America …
More: Bloomberg

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:
Passkeys Week for a passwordless future: Learn how Zoho is embracing passkeys  —  Passkeys are the modern-day alternative authentication method that was introduced to replace traditional passwords for enhanced security and convenience.
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:
Mon. 11/18 - More Smartglasses On The Horizon
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 3:05 PM ET, January 24, 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

Natasha Lomas / TechCrunch:
Leo Lewis / Financial Times:

Earlier Picks

Frank Chaparro / The Block:
M.G. Siegler / 500ish:
Mark Gurman / Bloomberg:
Luca Bertuzzi / Euractiv: