Note: Techmeme is hiring part-time editors. Go here to apply, or tell a friend!
Techmeme
April 12, 2022, 1:40 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple has delayed adding a blood pressure monitor to Watch until 2024, possibly 2025, after difficulties with accuracy during testing  —  Apple Inc.'s plan to add a highly anticipated blood-pressure monitor to its smartwatch has hit some snags and the technology isn't expected …
Alex Konrad / Forbes:
Profile of Chris Dixon, a top crypto VC who made early bets on startups like Coinbase; sources: a16z plans to fold its crypto funds back into its central funds  —  The Andreessen Horowitz partner is the new no. 1 on Forbes' 21st annual Midas List of top venture investors, thanks to savvy bets on tokens …
Nilay Patel / The Verge:
Matt Burgess / Wired:
DuckDuckGo launches its privacy-focused browser on macOS in beta through a private waiting list  —  DuckDuckGo started out as a private search engine.  Now its web browser is debuting on Macs to rival Chrome, Safari, Edge, and Brave.  —  When Google launched Chrome back in 2008, it changed the web overnight.
Zack Seward / CoinDesk:
Circle, which maintains the USDC stablecoin, raises $400M from BlackRock, Fidelity, and others, after raising $440M in May 2021  —  BlackRock and Fidelity headlined the stablecoin issuer's latest funding round, which follows a $440 million raise from last May.
The Verge:
Meta rolls out a test for some creators to sell virtual items and effects in Horizon Worlds, which will take a 25% cut of any sale after app store fees  —  Horizon Worlds will take a 25 percent cut of any sale after app store fees  —  Meta is testing new features to let creators …
Olga Kharif / Bloomberg:
Ethereum developers launch the so-called mainnet shadow fork, a key stress test ahead of the proof-of-stake Merge upgrade, expected to reduce energy use by ~99%  —  Ethereum's network is inching closer toward its much-anticipated software upgrade known as the Merge, having just entered a key testing step.
Jill R Shah / Bloomberg:
Filing: Meta spent $26.8M on Mark Zuckerberg's security in 2021, up 6% from 2020, far above other execs, such as Sundar Pichai ($4.3M) and Jeff Bezos ($1.6M)  —  The cost of keeping Mark Zuckerberg safe keeps going up for Meta Platforms Inc., far outstripping what similar technology companies with high-profile executives are spending.
Akshat Rathi / Bloomberg:
A look at Stripe's $925M Frontier initiative, which funds carbon-removal startups and has received funding from Alphabet, Shopify, Meta, and others  —  Some of the world's largest companies will spend $925 million buying offsets from startups that remove carbon dioxide from the air.
Ionut Ilascu / BleepingComputer:
RaidForums, used by Lapsus$, Babuk, and other extortion gangs, is seized in a US-led international operation; Europol says the hacking forum had 500K+ users  —  The RaidForums hacker forum, used mainly for trading and selling stolen databases, has been shut down and its domain seized …
New York Times:
NFT avatar startup Genies raises $150M led by Silver Lake at a $1B valuation, bringing its total funding to $250M  —  Silver Lake is leading a $150 million funding round for Genies, an avatar technology company that provides digital tools to create and sell online characters, clothes …
Andi Ortiz / The Wrap:
Last Week Tonight's John Oliver weighed in on data brokers, showing how easy it was to target members of Congress with ads after obtaining their personal info  —  John Oliver escalated his typical shenanigans on Sunday night's episode of “Last Week Tonight,” going from poking fun at politicians to outright blackmailing them.
Bloomberg:
Sources: Singapore-based fashion marketplace Zilingo suspends CEO Ankiti Bose, after attempts to raise $150M-$200M led to an investigation over its accounting  —  Zilingo Pte, one of Singapore's highest-profile startups, has suspended Chief Executive Officer Ankiti Bose after an effort …
Bhanvi Satija / Reuters:
Research: TikTok's ad revenue is projected to triple in 2022 to $11B+, surpassing Twitter and Snapchat combined, which are expected to make $5.58B and $4.86B  —  Video-sharing app TikTok's advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales …
Nikkei Asia:
Major iPhone manufacturer Pegatron, Mac manufacturer Quanta, and iPad maker Compal suspend factory operations near Shanghai amid strict COVID-19 measures  —  TAIPEI — Three key Apple suppliers have suspended production in and near Shanghai as strict COVID-19 lockdown measures show signs …
Dina Bass / Bloomberg:
Some business customers say Microsoft's licensing rules make it harder and costlier to run Windows and Office on rival cloud platforms like AWS and Google Cloud  —  The current tide of antitrust scrutiny and regulations focused on big technology companies has conspicuously omitted one company …
Eli Tan / CoinDesk:
Coinbase will produce a movie trilogy based on the Bored Ape Yacht Club, set to premier at NFT.NYC in June; BAYC owners can submit their apes for consideration  —  The trio of films will tie into the launch of Coinbase's long-awaited NFT marketplace.  —  The Bored Ape Yacht Club is getting …
Romain Dillet / TechCrunch:
Apple updates iMovie for iOS and iPadOS with Magic Movie, for automatic movie creation from clips and photos, and storyboards for a template-guided approach  —  Apple is releasing an iMovie update today for iOS and iPadOS. iMovie 3.0 introduces two new major features — storyboards and Magic Movie.
Kyle Wiggers / TechCrunch:
Kubit, which helps track and analyze user engagement data, raises an $18M Series A led by Insight Partners, bringing its total capital raised to $24M  —  Showing that the product analytics industry is alive and well, Kubit today announced that it raised $18 million in a series A funding round led …
More: FinSMEs

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
6 Tips to Unlock Revenue with Transactional Emails  —  This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Big Meta/Anduril Deal Is A Big Deal
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Social Radars:
Ron Conway, Founder, SV Angel Part 4 (Bonus)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Hard Fork:
The A.I. Jobpocalypse + Building at Anthropic with Mike Krieger + Hard Fork Crimes Division
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Logan Bartlett Show:
Rick Smith (CEO, Axon): The Wild Ride From Near-Bankruptcy to $50B+
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
The Talk Show With John Gruber:
'Sewing Machine Repair Shop', With Patrick McGee
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Decoder with Nilay Patel:
How private equity kills companies and communities
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:40 PM ET, April 12, 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

Teddy Amenabar / Washington Post:
Wall Street Journal:

Earlier Picks

Amanda Silberling / TechCrunch: