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January 24, 2022, 11:30 AM
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| Arjun Kharpal / CNBC: |
The cryptocurrency market has lost ~$130B over the last 24 hours; bitcoin and ether reached their lowest level since July and are down 50%+ from all-time highs — - The cryptocurrency market saw around $130 billion wiped off its value over the last day as major digital coins continued their multi-day sell-off.
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Bloomberg, Financial Times, NBC News, CoinDesk, Reuters, Slashdot, CoinDesk, Fortune, and Cointelegraph
Tweets: @zhusu, @samro, @fintechfrank, and @fintechfrank
| Sami Fathi / MacRumors: |
Netherlands fines Apple €5M, saying Apple's changes to IAP payments “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 …
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Authority for Consumers & Markets, Bloomberg, AppleInsider, TechCrunch, 9to5Mac, Thurrott, Reuters, iPhone Hacks, MacDailyNews, iClarified, and Daring Fireball. Tweets: @keleftheriou
| Cat Zakrzewski / Washington Post: |
District of Columbia, Texas, Washington, and Indiana AGs sue Google, alleging it deceived 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
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oag.dc.gov, Protocol, Reuters, PCMag, The Verge, Gizmodo, Forbes, Thurrott, AppleInsider, Axios, Washington State, The Keyword, Bloomberg, New York Post, and CNBC
| Mark Gurman / Bloomberg: |
Sources: Apple is readying the widest array of new hardware products in its history this fall; LinkedIn shows Apple car exec Joe Bass has left for Meta — Apple Inc. is nearing its first launch event of the year, with a new iPhone SE and iPad on tap. Also: The company takes another hit …
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Computerworld, CNET, Silicon Republic, MacRumors, 9to5Mac, Appleosophy, AppleInsider, PhoneArena, OnMSFT.com, KnowTechie, WRAL TechWire, autoevolution, 9to5Mac, Tech Advisor, Digital Trends, Macworld, XDA Developers, TechRadar, TechCircle, Wccftech, Pocket-lint, Coinspeaker, La Wikly de Emilio Doménech, Philip Elmer‑DeWitt, AppleInsider, iPhone in Canada Blog, Appleosophy, and AppleInsider
Tweets: @dylandkt, @dylandkt, @dylandkt, @tailosivetech, @patrickmcgee_, @markgurman, @lukemiani, @markgurman, @dylandkt, and @saranbyte
| 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 …
More:
CoinDesk and The Record
Tweets: @yakirrotem, @therecord_media, @tomrobin, @reviewinc101, @yakirrotem, and @charlesarthur
| 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 …
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Reuters
| Kirsty Needham / Reuters: |
Australian PM Scott Morrison lost control of his official WeChat account months ago, while the still-active account now promotes Chinese life in Australia — Australia's Prime Minister Scott Morrison's Liberal Party lost access to his official WeChat social media account months ago …
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ZDNet, Insider, Agence France-Presse, Social Media IO Roundup, The Register, Bloomberg, and Associated Press. Tweets: @kirstylneedham
| Javier Espinoza / Financial Times: |
Hundreds of German publishers, including Axel Springer, say Google is breaking EU law with its move to phase out third-party cookies from Chrome by next year — Axel Springer among the media groups demanding that Brussels intervene on search giant's plan — Google is facing a fresh complaint …
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AppleInsider. Tweets: @javierespft, @garjoh_canuck, @martinsfp, @lukolejnik, @wblau, and @mikarv
| Manish Singh / TechCrunch: |
Indian food delivery service Swiggy raises a $700M Series K led by Invesco, source says at a $10.7B valuation; Swiggy was valued at $5.5B in July 2021 — Swiggy, India's top food delivery startup, has raised $700 million in a new financing round, just six months after securing $1.25 billion … | M.G. Siegler / 500ish: |
There will be no bursting bubble, just a deflating balloon of high growth tech stock valuations returning to normal as factors that inflated them go away — Spoiler: the “Bubble” was a Balloon. And it's deflating. — Note: The below all seems fairly obvious, but given the amount …
More:
Protocol and MarketWatch
Tweets: @dee_bosa, @mgsiegler, @jrichlive, @carnage4life, @carnage4life, and @hunterwalk
| Ingrid Lunden / TechCrunch: |
Spectrum Labs, which helps online services detect and remove toxic content in ~40 languages in real time, raises $32M led by Intel Capital — Two years into the pandemic, online conversations are for many of us still the primary interactions that we are having every day, and we are collectively having billions of them.
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FinSMEs
| Michael Pooler / Financial Times: |
Report: VC investment into Latin America reached $15.3B in 2021 across 650+ deals, up from a record $4.9B in 2019; fintech was 39% of all investments — Fintech continues to be biggest draw as 16 new ‘unicorns’ minted in the region — Venture capital investment into Latin America has tripled …
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Bloomberg
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