Techmeme
February 17, 2022, 6:10 PM

Top News

New York Times:
Sources: the value of Spotify's deal with Joe Rogan, which covers three and a half years, was at least $200M, twice the $100M that reports suggested at the time  —  The deal that brought his podcast to Spotify is said to be worth over $200 million, more than was previously known.
Eric Benjamin Seufert / Mobile Dev Memo:
Chaim Gartenberg / The Verge:
Intel says its discreet Arc GPUs for laptops will ship in Q1 2022, Arc GPUs for desktop will ship in Q2, and Arc GPUs for workstations will ship in Q3  —  Intel has given an update on the timeline for its long-awaited entry into the discrete graphics game: Arc GPUs for laptops are set to ship soon in Q1 2022 …
Chris Strohm / Bloomberg:
DOJ establishes the National Cryptocurrency Enforcement Team to investigate illegal schemes run by criminals and countries like North Korea and Iran  —  The Justice Department named a veteran cybersecurity prosecutor to lead a new team dedicated to investigating and prosecuting illicit …
Helen Coster / Reuters:
Sources: Truth Social, Trump's new social media app, has about 500 beta testers, one year after Trump was banned from Meta, Twitter, and YouTube  —  Details about former U.S. President Donald Trump's new social media app are trickling out as about 500 beta testers have begun using an early version of …
Susan Dominus / New York Times:
A look at tech recruitment issues as the US unemployment rate for tech workers is 1.7% and 0.2% for cybersecurity experts, well below 4% for the general economy  —  Recruiters in tech are desperate for workers.  But candidates are the ones who hold all the power.
Frank Chaparro / The Block:
USDC stablecoin developer Circle says its forthcoming SPAC deal now values the company at $9B, up from $4.5B when the deal was announced  —  Circle — the firm behind stablecoin USDC — announced on Thursday that it has scrapped its previous deal with special purpose acquisition company …
Lawrence Abrams / BleepingComputer:
Mozilla warns that Firefox and Chrome 100 versions may break some sites, including HBO Go and Yahoo, due to user-agent strings with three-digit version numbers  —  Mozilla is warning website developers that the upcoming Firefox 100 and Chrome 100 versions may break websites …
Dan Primack / Axios:
Sequoia Capital to raise $500M to $600M for a fund focused on liquid crypto investments, along with a $900M-$950M Ecosystem Fund and $3.2B-$3.5B Expansion Fund  —  Sequoia Capital last fall disclosed plans to blow up the traditional VC model, saying it would form a single fund to hold …
Reuters:
A profile of Saudi activist Loujain al-Hathloul, who helped trigger scrutiny of NSO Group after Citizen Lab found Pegasus malware on her iPhone  —  A single activist helped turn the tide against NSO Group, one of the world's most sophisticated spyware companies now facing a cascade of legal action …
Chainalysis:
Analysis identifies 4,068 “criminal whales” holding over $25B worth of stolen cryptocurrency, following a major jump in illicit balances in 2021  —  This blog is a preview of our 2022 Crypto Crime Report.  Sign up here to download your copy now!
Ron Miller / TechCrunch:
Instrumental, which lets engineers perform manufacturing quality control without visiting factories, raises a $50M Series C, bringing its total funding to $80M  —  Instrumental was launched by two former Apple mechanical engineers in 2015.  Having worked on products like the iPod and Apple Watch …
Financial Times:
Memo: ISS tells clients that Apple investors should vote against Tim Cook's $99M pay and bonus package, citing “concern” over stock award Cook received in 2021  —  Institutional Shareholder Services expresses ‘concern’ at chief executive's stock award last year
Jordan Novet / CNBC:
Roku Q4: revenue of $865.3M vs. $894M est., up 33% YoY, 60.1M active accounts, up 17% YoY, 19.5B streaming hours, up 15% YoY, stock down ~18% after hours  —  - Roku's revenue growth slowed to a rate that was lower than analysts had expected.  — The company said during the quarter …
Bloomberg:
Amazon reaches an agreement to accept Visa cards globally and will no longer charge Visa users an extra fee in Singapore and Australia  —  Amazon.com Inc. has agreed to accept Visa Inc.'s cards across its global network, settling a feud that threatened to damage the financial giant's business and disrupt e-commerce payments.
Steve Lohr / New York Times:
Google creates a $100M skills training fund for low-income Americans, with loans repayable only once students obtain jobs paying at least $40K a year  —  The project is a big bet on scaling up programs that have proved effective in lifting low-income workers into middle-class jobs and careers.

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Tom Metcalf / Bloomberg:
Phelim Kine / Politico:
Tom Warren / The Verge:
Jon Fingas / Engadget:
Corin Faife / The Verge: