Techmeme
February 8, 2022, 7:15 PM

Top News

Devlin Barrett / Washington Post:
The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever”  —  The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part …
Chance Miller / 9to5Mac:
Apple unveils Tap to Pay, letting US merchants accept payments with an iPhone and a partner-enabled app “later this year”; partners include Stripe and Shopify  —  Apple has officially announced a new Tap to Pay feature for iPhone.  This feature, coming later this year …
Cara Lombardo / Wall Street Journal:
Peloton CEO John Foley will step down and ex-Spotify and Netflix CFO Barry McCarthy will take over; Peloton will cut ~2,800 jobs and cancel its Ohio factory  —  Exercise-equipment maker to name former Spotify CFO Barry McCarthy as successor, overhaul board and cut costs
Mark Gurman / Bloomberg:
Apple plans to improve benefits for full- and part-time US retail workers, including doubling paid sick days and increasing PTO, amid a tight labor market  —  Apple Inc. plans to significantly increase its benefits for U.S. retail store workers as it grapples with a tightening labor market …
Bloomberg:
Sources: Microsoft is in talks to acquire cybersecurity research and incident response company Mandiant, whose stock closed up 17.86% on Tuesday  —  Microsoft Corp. is considering making a bid for cybersecurity-research and incident response company Mandiant Inc., according to a person familiar …
Frederic Lardinois / TechCrunch:
Nvidia and SoftBank call off Nvidia's Arm acquisition, following regulatory scrutiny; Arm CEO Simon Segars resigns, replaced by Arm IP group president Rene Haas  —  Nvidia's deal to acquire Arm is off, the two companies and Arm owner SoftBank announced Tuesday.  —  With this, there is also a major leadership change at Arm.
Jay Peters / The Verge:
Sony's second PS5 beta adds a “Hey PlayStation” voice command feature, for US and UK accounts at first, alongside party chat changes and new UI settings  —  Sony is also making changes to the way parties work  —  Sony announced that it will begin rolling out its second PS5 software beta …
Emma Roth / The Verge:
Google rolls out Journeys for Chrome on desktop, letting users revisit old browsing sessions, based on searches from the omnibar, organized by subject matter  —  Journeys groups your search history together by category  —  Google Chrome is rolling out Journeys, a feature that lets you revisit …
Sarah Perez / TechCrunch:
TikTok updates its policies to improve safety for LGBTQ users, including banning misgendering and deadnaming, adds tools for age-appropriate content, and more  —  Months after TikTok was hauled into its first-ever major congressional hearing over platform safety, the company is today announcing …
Lauren Feiner / CNBC:
As Meta dips under a $600B market cap, it may avoid antitrust liability since it falls below the threshold set by recent US House bills as a “covered platform”  —  - Facebook owner Meta closed with a market cap below $600 billion on Tuesday for the first time since May 2020.
John Markoff / New York Times:
As data centers grow, engineers at Meta, Google, and other companies worry about the reliability of ever-smaller chips and hardware failures with unclear causes  —  As the largest computer networks continue to grow, some engineers fear that their smallest components could prove to be an Achilles' heel.
Jeff John Roberts / Decrypt:
Crypto infrastructure startup Alchemy raises a $200M Series C extension from Lightspeed and Silver Lake at a $10.2B valuation, up from $3.5B in October 2021  —  Alchemy, a startup that provides blockchain tools, has been growing fast: It raised buckets of money last year and attracted dozens …
John Gruber / Daring Fireball:
A look at Apple's IAP changes for Dutch dating app developers: its proposal seemingly isn't compliant, reducing the commission by just 3% is spiteful, and more  —  The continuing saga of Apple's conflict with the Netherlands Authority for Consumers and Markets (ACM) — the Dutch equivalent …
Dade Hayes / Deadline:
Netflix and Amazon had fewer Oscar nominations in 2022; half of the Best Picture nominees had little to no theater time and all major studios used hybrid models  —  This morning's Oscar nominations suggest a rethink — or at least a collective hitting of the pause button — on the status of streaming in the awards conversation.
Jessica Bursztynsky / CNBC:
Lyft Q4: revenue of $970M, vs. $940M est. and up from $570M YoY, average revenue per rider of $51.79, up 14% YoY, but 18.73M active riders, down from 18.94M QoQ  —  - Lyft reported fourth-quarter earnings after-the-bell on Tuesday.  — Lyft reported 18.73 million active riders in the last quarter of 2021.
Shiona McCallum / BBC:
The UK's Online Safety Bill would mandate that porn websites verify users' ages 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.
Ben Thompson / Stratechery:
A review of digital advertising in 2022, which has shifted from a Google-Meta duopoly to one where Amazon and potentially Apple are major forces  —  Six years ago tomorrow, in The Reality of Missing Out, I wrote that the digital advertising market was settled, and Google and Facebook won:
Wall Street Journal:
The EU details the Chips Act, which would make €43B in public and private funding available for R&D and chip production, seeking to compete with the US and Asia  —  Legislation could mobilize about $49 billion in government and private cash, though critics fear a subsidy race

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 6: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
(BNS) How To Know When To Kill Your Startup
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:15 PM ET, February 8, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Nikhil Subramaniam / Inc42 Media: