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January 26, 2022, 7:50 AM
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| Bloomberg: |
Sources: Meta-backed Diem Association is talking to investment bankers about selling its IP to return capital to investors and giving its engineers a new home — The controversial cryptocurrency project that Mark Zuckerberg once defended in front of Congress is unraveling after regulatory pressure.| Microsoft Investor Relations: |
Microsoft Q2: revenue of $51.7B, up 20% YoY, net income of $18.8B, up 21% YoY, Windows OEM revenue up 25%, LinkedIn revenue up 37%, and Surface revenue up 8% — Earnings Release FY22 Q2 - REDMOND, Wash. — January 25, 2022 — Microsoft Corp. today announced the following results …
More:
CNBC, The Register, TrueAchievements, Coinspeaker, Reuters, Bloomberg, The Verge, Protocol, Wccftech, PCWorld, Benzinga, MarketWatch, SiliconANGLE, Neowin, Financial Times, and OnMSFT.com
Tweets: @zhugeex, @lanceulanoff, @levynews, @tomwarren, @patrickmoorhead, @daniel_rubino, @dinabass, and @tomwarren
| Todd Bishop / GeekWire: |
| Jason Schreier / Bloomberg: |
Sources: Microsoft will keep Activision Blizzard agreements for three new Call of Duty games on PlayStation in the next two years, but long-term plans are hazy — Activision Blizzard Inc., which is being bought by Microsoft Corp., will release at least the next three games in its hit Call …
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TrueAchievements, TechRadar, The Verge, Pocket-lint, TechCircle, Dexerto, Gamereactor UK, GamingBolt, OnMSFT.com, Neowin, GameSpot, ScreenRant, Comic Book, Polygon, purexbox.com, IGN, Game Rant, Digital Trends, and Windows Central
Tweets: @jasonschreier, @domsplaying, @jasonschreier, @danstapleton, and @tomwarren
| Eric Martin / Bloomberg: |
The IMF's board urges El Salvador to strip Bitcoin of its status as legal currency due to its large risks, a major obstacle to the country's $1.3B loan request — The International Monetary Fund's board urged El Salvador to strip Bitcoin of its status as legal currency due to its large risks …
Source:
International Monetary Fund. More:
International Business Times, BBC, CNBC, Blockchain News, CryptoSlate, Cryptonews, Coinspeaker, Bitcoin Magazine, Forbes, BullRun Forever, Benzinga, PYMNTS.com, Benzinga, Crypto Briefing, CoinGape, and Slashdot
Tweets: @gladstein, @kr00ney, @excellion, @nouriel, @sentletse, and @pt
| Shannon Liao / Washington Post: |
Activision Blizzard declines to voluntarily recognize a union formed by 34 QA testers at Raven Software, after failing to reach an agreement with the CWA — Activision Blizzard did not respond to workers' request for recognition of a union formed by quality assurance testers at Raven Software, the workers said Tuesday evening.
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Polygon, GamesIndustry.biz, PC Games Insider, dot.LA, Kotaku, Reuters, thegamer.com, The Hollywood Reporter, PC Gamer, Engadget, VentureBeat, Bloomberg, Windows Central, and Game Developer
Tweets: @futterish, @shannon_liao, @shannon_liao, @shannon_liao, @kellen_browning, @kellen_browning, and @shannon_liao
| Jay Peters / The Verge: |
Ryan Wyatt, YouTube's gaming head who oversaw big deals to poach Twitch's star streamers, leaves to grow Ethereum scaling startup Polygon's developer ecosystem — Ryan Wyatt will be at YouTube until the end of February — Ryan Wyatt, YouTube's head of gaming who oversaw some of its big deals …
More:
Tubefilter, Waivly, Decrypt, CoinGape, South China Morning Post, and PC Gamer
Tweets: @fwiz, @alexisohanian, @artjonak, @cagyjan1, @tehmoonwalker, @0xrooter, @zachbussey, @cdixon, @mhbergen, and @johnlilic
| Ionut Ilascu / BleepingComputer: |
Researchers find a 12-year-old vulnerability in Polkit that local attackers can use to gain root privileges on all major Linux distributions; an exploit is out — A vulnerability in Polkit's pkexec component that is present in the default configuration of all major Linux distributions …
Source:
Qualys Security Blog. More:
Ars Technica, BleepingComputer, BetaNews, Red Hat Customer Portal, Security Affairs, sesin.at, The Register, Neowin, iTnews, and The Hacker News
Tweets: @bsdphk, @__phantomderp, and @marcan42
| Jason Koebler / VICE: |
President Biden backs consumers' right to repair and acknowledges the anticompetitive practices of electronics manufacturers — “Too many areas, if you own a product, from a smartphone to a tractor, you don't have the freedom to choose how or where to repair that item you purchased.”
More:
The White House and The Hill
Tweets: @potus, @carnage4life, @sensusaneggman, @patriciafahy109, @glytchtech, @karlbode, @stevesi, @whitehouse, @wavesblog, @vice, @kellymakena, @linustech, @mkolken, @digiphile, and @motherboard
| Chance Miller / 9to5Mac: |
After reports of AirTags being used for stalking, Apple releases a Personal Safety User Guide, covering AirTags alerts, information for Android users, and more — Apple has launched a new “Personal Safety User Guide” that aggregates details and support documents that can help users “when your personal safety is at risk.”
Source:
Apple. More:
Apple Support, TechCrunch, PhoneArena, Trusted Reviews, MacRumors, and Gizmodo
Tweets: @mattahorton, @hondanhon, @evacide, @mishimakitan, and @andrewmohawk
| Frank Chaparro / The Block: |
Crypto exchange FTX's American affiliate, FTX.US, raises $400M at an $8B valuation from Paradigm, SoftBank, and others, its first outside funding — FTX's American affiliate, FTX.US, has joined the crypto unicorn club after closing its first-ever fundraising round.
More:
Decrypt, CNBC, CoinDesk, PR Newswire, CoinGape, Bloomberg, Reuters, Cointelegraph, Coinspeaker, and CryptoPotato. Tweets: @fintechfrank
| Dave Lee / Financial Times: |
Sources: Amazon has abandoned its much-maligned campaign of paying warehouse employees to share positive messages on social media after embarrassing backfires — Paying warehouse workers to tweet positive comments is dropped after poor reach and embarrassing backfires| Bloomberg: |
The US Commerce Department says the global chip shortage will stretch into at least H2 2022, based on information from 150+ companies in the chip supply chain — The Biden administration has concluded that a global semiconductor shortage will persist until at least the second half of this year …
More:
U.S. Department of Commerce, Washington Post, Financial Times, ExtremeTech, The Verge, BBC, Ars Technica, scmagazine.com, Android Central, The Register, and ZDNet
Tweets: @secraimondo, @commercegov, @nytpolitics, @mikeperryavatar, @channelnewsasia, @repdebdingell, @sensherrodbrown, @athertonkd, @secraimondo, @secraimondo, @caitleg, @nakedkeynes, @commercegov, @silvermanjacob, @reprokhanna, @walteriley, @trengriffin, @secraimondo, @jeneps, @jeneps, @jendeben, and @jendeben
| Kim Zetter / The Verge: |
How hacker Joe Grand used a fault-injection attack to crack a Trezor One hardware wallet to recover $2M in cryptocurrency for two friends who forgot the PIN — In early 2018, Dan Reich and a friend decided to spend $50,000 in Bitcoin on a batch of Theta tokens, a new cryptocurrency then worth just 21 cents apiece.
More:
Decrypt and Cointelegraph
Tweets: @kimzetter, @fleming77, @kimzetter, @nick_kapur, @0xcharlie, @cmwdotme, @kimzetter, and @kimzetter
| Cherlynn Low / Engadget: |
Samsung announces its Galaxy Unpacked “The Epic Standard” event will be held virtually on February 9 at 7am PT, where it's expected to unveil the Galaxy S22 — After its president TM Roh teased “the most noteworthy S series device we've ever created”, Samsung is announcing today when we can learn more.
More:
YouTube, The Verge, Laptop Mag, Samsung Newsroom, XDA Developers, Ubergizmo, Android Authority, Tom's Guide, iPhone in Canada Blog, Gizmodo, MobileSyrup, and 9to5Google
Tweets: @samsungnewsus and @richontech
| Frederic Lardinois / TechCrunch: |
Google shutters FLoC, its controversial ad tech for replacing third-party cookies, and proposes Topics, which categorizes the sites users visit into 300+ topics — FLoC (Federated Learning of Cohorts), Google's controversial project for replacing cookies for interest-based advertising …
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The Keyword, GitHub, New York Times, Engadget, Euractiv, Brave Browser, The Register, Tom's Guide, TechCircle, Pocketnow, The Hacker News, BGR, gHacks Technology News, SlashGear, Android Police, and The Economic Times
| Ingrid Lunden / TechCrunch: |
UK-based quantum cryptography startup PQShield, spun out from Oxford's research labs, raises a $20M Series A led by Addition — Quantum computing promises to unlock a new wave of processing power for the most complex calculations, but that could prove to be just as harmful as it is helpful …
More:
Tech.eu, SiliconANGLE, Finextra, and FinSMEs
| Catherine Shu / TechCrunch: |
Manila-based GrowSari, which helps Filipino MSMEs to digitize, offer bill payments, launch e-commerce stores, and more, raises $45M from KKR — GrowSari, the Manila-based startup that helps small shops grow and digitize, announced today that KKR will lead its Series C round with a $45 million investment.
More:
Entrackr, DealStreetAsia, and Tech in Asia
| Elizabeth Culliford / Reuters: |
Twitter: governments made 43,387 content removal demands from a record 196,878 accounts in H1 2021; 95% came from Japan, Russia, Turkey, India, and South Korea — Twitter said governments around the world made requests to remove content from a record number of user accounts between January …
Source:
Twitter. Tweets: @donie, @policy, @evelyndouek, @twittersafety, @eculliford, @trentonjkennedy, @rasmus_kleis, @crush, and @lculbs
| Yueqi Yang / Bloomberg: |
Domain Money, a stock and crypto trading app with actively managed investment strategies, launches with $33M from Bessemer Ventures, Marc Benioff, and others — Adam Dell, the former head of product at Marcus by Goldman Sachs Group Inc., launched stocks and crypto investment platform Domain Money … | Aisha Malik / TechCrunch: |
Poland-based Infermedica, whose AI tools offer symptom analysis and patient triage, raises a $30M Series B led by One Peak, bringing its total funding to $45M — Infermedica, a Poland-founded digital health company that offers AI-powered solutions for symptom analysis and patient triage, has raised $30 million in Series B funding.
More:
FinSMEs and EU-Startups
| Stephanie Bodoni / Bloomberg: |
EU General Court overturns a record €1.06B fine for Intel, levied in 2009 over allegedly squeezing out AMD, saying the EU made key errors — Intel Corp. won a historic victory in its court fight over a record 1.06 billion-euro ($1.2 billion) competition fine, in a landmark ruling …
More:
Associated Press, Wall Street Journal, Euractiv, Reuters, EU General Court, and CNBC
Tweets: @lewis_crofts and @lewis_crofts
| Ryan Browne / CNBC: |
Klarna launches its Visa-based Klarna Card in the UK, expanding on Sweden and Germany where it has 800,000 users; the card includes Klarna's “Pay in 30” feature — - Klarna is launching a physical card in the U.K. that lets users delay payments on their purchases, both in-store as well as online.
More:
PYMNTS.com, Finextra, Klarna, Coinspeaker, London Evening Standard, Daily Mail, The Guardian, The Times, and altfi.com
Tweets: @ryan_browne_ and @sam_l_shead
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