Techmeme
January 25, 2022, 12:00 PM

Top News

Bloomberg:
Sources: Nvidia is planning to abandon its Arm acquisition, as regulators scrutinize the deal; source says SoftBank is preparing an IPO for Arm  —  Nvidia Corp. is quietly preparing to abandon its purchase of Arm Ltd. from SoftBank Group Corp. after making little to no progress in winning approval …
Frederic Lardinois / TechCrunch:
Google shutters FLoC, its controversial replacement for cookies, and details Topics, which organizes browsing into 300+ topics  —  FLoC (Federated Learning of Cohorts), Google's controversial project for replacing cookies for interest-based advertising by instead grouping users into groups of users with comparable interests, is dead.
Matt Wille / Input:
Twitter code shows it is developing Flock, which lets users create tweets for up to 150 close friends, after teasing the feature in July 2021  —  Twitter is developing a feature called Flock that will allow users to curate a list of people to send certain tweets out to, reminiscent of Instagram's Close Friends feature.
Todd Spangler / Variety:
In a YouTube creator update, Susan Wojcicki defends hiding dislikes, discusses adding NFT support, says creators making >$10K/year increased 40% YoY, and more  —  YouTube is touting the explosive popularity of its TikTok-style short-form Shorts video feature — and says it's going to test …
Financial Times:
As Microsoft acquires Activision, a look at the state of the gaming industry, which generated $180B in 2021 revenue, double that of the movie industry  —  Microsoft's audacious $75bn move on games publisher Activision Blizzard has detonated a bomb under the games industry.
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 …
Jem Aswad / Variety:
John Lennon's son Julian plans to auction off memorabilia as NFTs, including handwritten notes from Hey Jude; Lennon will retain the physical counterparts  —  “Lennon Connection: The NFT Collection” is presented by NFT marketplace YellowHeart and Julien's Auctions.
Manish Singh / TechCrunch:
Hyderabad-based Darwinbox, which offers cloud-based HR management software, raises a $72M Series D led by TCV at a $1B+ valuation  —  HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend.
Frederic Lardinois / TechCrunch:
Dremio, which creates tools to help companies streamline and curate data, raises a $160M Series E, following a $135M Series D in January 2021  —  Data lake platform Dremio today announced that it has raised a $160 million Series E funding round led by Adams Street Partners.

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Dan Goodin / Ars Technica:
Jordan Novet / CNBC:

Earlier Picks

Juli Clover / MacRumors:
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Cat Zakrzewski / Washington Post:
Javier Espinoza / Financial Times:
Mark Gurman / Bloomberg: