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February 8, 2022, 5:25 AM
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| New York Times: |
Meta announces that Peter Thiel, one of Facebook's first institutional investors and longest-serving directors, will step down from Meta's board this year — The tech billionaire, who has been on the board of the company formerly known as Facebook since 2005, is backing numerous politicians in the midterm elections.
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Tweets: @donie, @bfriedmandc, @chafkin, @thatrosschap, @nancyscola, @danprimack, @carolecadwalla, @kurtwagner8, @jsrailton, @jeffbercovici, @chafkin, @owillis, @jason, @zerohedge, @fboversight, @williamturton, @thor_benson, @fboversight, @teddyschleifer, @ldrogen, @parkermolloy, @sarahfrier, @fboversight, @martinsfp, @nytimes, @rmac18, @jeffbercovici, @fboversight, @fboversight, @rmac18, @joshtpm, @epro, @sarahfrier, @jeffbercovici, @kurtwagner8, @stevekovach, @jeffbercovici, @markhachman, @aishaannhakim, @joshua__frank, and @rmac18
| Frederic Lardinois / TechCrunch: |
Nvidia and SoftBank call off Nvidia's Arm acquisition; Arm CEO Simon Segars resigns and Arm's IP group president Rene Haas takes over; Arm is exploring an IPO — Nvidia's deal to acquire Arm is off, the two companies and Arm's owner SoftBank announced (PDF) tonight.
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Tweets: @nathanbenaich, @ryan_browne_, @underfox3, @cmagovuk, @sam_l_shead, @jowens510, @scottnover, @epro, @thekenyeung, @rdrv3, @bgurley, @inafried, @tomwarren, @fredericl, and @benbajarin
| Alan Rappeport / New York Times: |
The IRS says it will transition away from using facial recognition for identity verification, after a bipartisan backlash regarding its use of ID.me services — The tax collection agency will transition away from using a service from the authentication service ID.me amid bipartisan backlash.
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Internal Revenue Service, Washington Post, Washington Post, The United States …, The United States …, CNN, CyberScoop, CNBC, Bloomberg, Neowin, scmagazine.com, BGR, The Record, Newser, Protocol, KnowTechie, Tech Xplore, ZDNet, Ubergizmo, Security Boulevard, PYMNTS.com, TechCrunch, Ars Technica, Gizmodo, AppleInsider, Insider, Associated Press, PCMag, NBC News, Nextgov, Input, and U.S. Congressman Bill Huizenga
| Mark Gurman / Bloomberg: |
Source: Apple acquires London-based AI Music, which uses AI and royalty-free music to create dynamic soundtracks that change based on user interactions or moods — Apple Inc. acquired a startup called AI Music that uses artificial intelligence to generate tailor-made music …
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MacDailyNews, Ubergizmo, iPhone in Canada Blog, MacRumors, iMore, Wccftech, Gizmodo, SiliconANGLE, 9to5Mac, Patently Apple, iPhone Hacks, and iClarified
Tweets: @viticci, @9to5mac, @leaksapplepro, and @markgurman
| Chris Duckett / ZDNet: |
Signal now lets users change the phone number associated with their account while retaining their messages, profile information, and groups — Users will still need to be able to send and receive Signal messages on their old number in order to port. — Signal has announced it will allow …
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Signal Blog, XDA Developers, 9to5Mac, PhoneArena, The Verge, Android Authority, and The Mac Observer
Tweets: @suka_hiroaki, @newsycombinator, @sa0un, and @signalapp
| Nikhil Subramaniam / Inc42 Media: |
BharatPe, an Indian fintech unicorn backed by VCs such as Sequoia and Coatue, is facing allegations of embezzlement, impropriety in merchant dealings, and more — Calling CEO Suhail Sameer “a puppet of investors”, Grover has alleged a conspiracy behind sending him away and instituting a probe
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Moneycontrol, Moneycontrol, Tech in Asia, The Ken, The Indian Express, Newslaundry, and The Economic Times
Tweets: @manicontrol2020, @digbijaymishra1, @anantgoenka, @chandrarsrikant, and @chandrarsrikant
| Karl Freund / Forbes: |
Intel announces efforts to accelerate RISC-V development and adoption, including licensing plans, chip manufacturing partners, and a $1B IFS Innovation Fund — This announcement will have a long-lasting impact on the entire semiconductor industry: — Intel must fabricate chips …
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Intel, RISC-V International, Business Wire, Protocol, Wccftech, SiFive, ZDNet, insideHPC, Neowin, TechPowerUp, The Register, Silicon Valley Business …, HPCwire, and Database Trends …
Tweets: @intelnews, @oak8292, @randhir_intel, @iancutress, @pgelsinger, @iancutress, @iancutress, @iancutress, @migueldeicaza, and @benbajarin
| Turner Wright / Cointelegraph: |
Several crypto companies, including Coinbase and BitMEX, launch a coalition to “maintain fair and orderly digital asset markets and prevent market abuse” — “Harmonizing a broad global approach to digital assets and competition in the digital currency space race … | Cara Lombardo / Wall Street Journal: |
Peloton CEO and co-founder John Foley will step down, replaced by ex-Spotify and Netflix CFO Barry McCarthy; Peloton will cut 2,800 jobs and cancel Ohio factory — Company to name former Spotify CFO Barry McCarthy as replacement, overhaul board and cut costs| Bloomberg: |
Livspace, an online home interiors marketplace that connects customers with designers and vendors, raises a $180M Series F led by KKR at a $1B+ valuation — Livspace raised $180 million in a funding round led by KKR & Co. at a valuation of more than $1 billion as the online home interiors …
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The Economic Times, Moneycontrol, DealStreetAsia, Moneycontrol, Tech in Asia, Business Wire, Livemint, and Entrackr. Tweets: @alokgoyal1971
| Ingrid Lunden / TechCrunch: |
London-based m3ter, which helps SaaS companies charge clients on a usage basis, emerges from stealth with $17.5M from Kindred Capital and others — A lot of SaaS products are sold on flat-rate subscriptions. But there is a growing trend, especially among more price-conscious customers … | Jay Graber / Bluesky: |
Bluesky, the decentralized social media initiative announced by Twitter in 2019, becomes a Public Benefit LLC with Jack Dorsey as one of the board members — In 2019, Twitter announced bluesky, a project it would fund to create an open and decentralized standard for social media.
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Cryptonews and Reuters
Tweets: @bluesky, @marshallk, @alexeheath, @arcalinea, and @blockworks_
| Todd Bishop / GeekWire: |
Amazon raises its maximum base pay for corporate and tech employees from $160K to $350K, in line with other tech giants, citing a “competitive labor market” — Amazon will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously …
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Silicon Valley Business … and Washington Post
Tweets: @mjasay, @epro, @carnage4life, @timheuer, @repmarkpocan, @caseynewton, @nicholsuprising, @carnage4life, @annierpalmer, @toddbishop, @seldo, and @quinnypig. Thanks:@taylor_soper
| Mario Gabriele / The Generalist: |
A deep dive into the rise of “solo capitalists”, who are increasingly competing to lead seed, Series A, and later stage rounds against traditional VC firms — Solitary general partners now manage more than many multi-person venture funds. What are the limits of a one-man band?
Tweets: @mariogabriele, @andreasklinger, @melt_dem, @nikmilanovic, and @moniquewoodard
| Pandaily: |
Taichi Graphics, an open-source cloud platform for creating 3D graphics, raises a $50M Series A co-led by Source Code Capital, GGV Capital, and BAI Capital — Your browser doesn't support HTML5 audio — Taichi Graphics, an open-source graphics infrastructure and digital content creation cloud platform …
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TechCrunch and DealStreetAsia
| Shiona McCallum / BBC: |
The UK's Online Safety Bill will mandate porn websites verify users' age or face fines; similar proposals were quietly dropped in 2019 after criticism — Porn websites in the UK will be legally required to verify the age of their users under new internet safety laws.
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