Techmeme
January 24, 2022, 11:35 PM

Top News

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 …
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  —  - Bitcoin climbed into positive territory after falling below $33,000 to a new low.  — The No. 1 cryptocurrency and ether …
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
Dan Goodin / Ars Technica:
Hackers say they hit a Belarusian rail system with ransomware to stop Russia's military buildup against Ukraine; many Belarus Railway services appear offline  —  If confirmed, the attack would be one of the first times ransomware has been used this way.  —  Hacktivists in Belarus said on Monday …
Sami Fathi / MacRumors:
The Netherlands fines Apple €5M, saying Apple's IAP 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 …
Micah Singleton / Billboard:
A look at the piracy issues plaguing blockchain-based music streamer Audius, as users easily find unlicensed albums from Kanye West, Drake, Nas, and others  —  Backed by Katy Perry and Lil Nas X, the blockchain-based network isn't paying rights-holders for legally uploaded music.
Jordan Novet / CNBC:
IBM reports Q4 revenue of $16.7B, up 6% YoY, and net income up 72% YoY to $2.3B, following the spinoff of its managed infrastructure services unit Kyndryl  —  - IBM executives have been telling investors to look for mid-single digit revenue growth.  — The company spun out its managed …
Wall Street Journal:
Internal docs: Meta'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
Lucas Matney / TechCrunch:
A look at Orange DAO, a crypto collective made up of 1,000+ YC founders backing Web3 startups, which has closed an initial fund and invested in ~30 startups  —  A crypto collective backing web3 startups is seeking new members.  The only condition for joining?  Applicants must be alumni of the Y Combinator accelerator.

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