Techmeme
February 18, 2022, 8:00 PM

Top News

Ingrid Lunden / TechCrunch:
Meta says a global community development head, who spoke about inappropriate communications with a 13 year old in a viral sting video, is no longer an employee  —  Meta, the parent company of Facebook, has confirmed to TechCrunch that Jeren A. Miles, who had been a manager of global community development …
Berber Jin / The Information:
Source: Tiger Global told investors earlier this month that it will no longer focus on large, late-stage startups preparing to go public  —  Responding to a steep sell-off in technology stocks, some hedge funds and other investment firms with large public stock portfolios have been turning away …
Jeran Wittenstein / Bloomberg:
Meta drops out of the top 10 most valuable companies globally, dropping five places since September 2021 as its market value declined by $513B to $565B  —  Meta Platforms Inc. has tumbled out of the world's 10 largest companies by market value, hammered by its worst monthly stock decline ever.
Cat Zakrzewski / Washington Post:
Whistleblower Aid, representing Frances Haugen, files two SEC complaints claiming Meta misled investors about its work to fight misinfo on COVID-19 and climate  —  A pair of new whistleblower complaints filed the with the Securities and Exchange Commission in February allege Facebook misled investors …
Ryan Broderick / Garbage Day:
A look at the decline of MySpace, which flailed around for over a year as it was overtaken by Facebook, and parallels with Meta as TikTok surges  —  Read to the end for the anti-NFT anthem  —  I want to open today's email with an apology!!  I wrote about the map-based Wordle game Worldle on Monday and I …
Reed Albergotti / Washington Post:
Sources: some US Apple Store employees are working to unionize, with groups in at least two stores preparing to file paperwork with the NLRB in the near future  —  Employees at several Apple Stores across the country are quietly working to unionize, according to people familiar with the efforts …
Andrew Cunningham / Ars Technica:
Windows 11 Pro's initial setup phase will require a Microsoft Account and an internet connection, like for Windows 11 Home  —  It's one of the new build's smaller changes—but also one of the most annoying.  —  Now that Windows 11's first major post-release update has been issued …
Wall Street Journal:
How advertisers are dealing with Facebook ad price increases prompted by Apple's ATT changes, with some shifting their ad budgets to Google, Amazon, and TikTok  —  Privacy features prompt e-commerce businesses to slash ad spending; ‘Apple has changed the game’  —  Facebook was long one of the surest bets in digital advertising.
Kirsten Grind / Wall Street Journal:
Sources: federal and state regulators have widened their investigation into how Activision Blizzard CEO and its board handled workplace misconduct allegations  —  SEC subpoenas more current and former executives; California agency seeks additional information on CEO Bobby Kotick and board's handling of workplace misconduct allegations
Parmy Olson / Bloomberg:
Nick Clegg's promotion reduces Mark Zuckerberg's responsibility for tackling uncomfortable policy issues and obscures his enduring grip over voting shares  —  Facebook has always been good at telling a story.  After a whistle-blower revealed astonishing harm caused by the company's products …
Dr. Ian Cutress / AnandTech:
Intel Xeon roadmap: Emerald Rapids, based on Intel 7 process, coming in 2023, Granite Rapids and new Efficient-core Sierra Forest in 2024, both built on Intel 3  —  It's no secret that Intel's enterprise processor platform has been stretched in recent generations.
Chaim Gartenberg / The Verge:

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