Techmeme
January 5, 2024, 9:10 AM

Top News

Casey Newton / Platformer:
Substack wants to be seen as a pure infrastructure provider, akin to Cloudflare, but a platform can't claim to be simple software when it recommends content  —  Some thoughts on platforms and Nazis  —  Most days, this column looks at controversies unfolding on other tech platforms.
Maria Heeter / The Information:
Design software company InVision, once valued at $2B, plans to shut down at the end of 2024, after raising $350M+ from Goldman Sachs, Spark Capital, and others  —  In recent years, creators have made inroads into traditional entertainment through brand partnerships and other collaborations.
Bill Toulas / BleepingComputer:
Hackers are hijacking X accounts of governments and businesses marked with gold and gray checkmarks, including Google's Mandiant, to promote crypto scams  —  Hackers are increasingly targeting verified accounts on X (formerly Twitter) belonging to government and business profiles and marked …
Morgan Sung / TechCrunch:
Logan Paul says he is “personally committing” $2.3M+ to offer refunds for CryptoZoo, the allegedly fraudulent Pokémon-inspired NFT game that he launched in 2021  —  Logan Paul is offering refunds for CryptoZoo, the failed and allegedly fraudulent Pokémon-inspired NFT game that he launched in 2021.
Jessica Toonkel / Wall Street Journal:
Netflix is considering ways to make money from video games, including via IAPs and ads; Apptopia: as of October 2023, <1% of subscribers played its games daily  —  Ideas include charging extra for some games and incorporating ads, in-game purchases  —  Netflix has said it plans to be in gaming for years to come.
Stephanie Palazzolo / The Information:
Memo: OpenAI plans to launch its GPT store next week; the store was originally slated to open in November 2023, but was delayed after OpenAI's leadership crisis  —  OpenAI is planning to launch its “GPT store” next week, according to a memo to developers seen by The Information.
Foo Yun Chee / Reuters:
The EU's antitrust chief Margrethe Vestager plans to meet with the CEOs of Google, Apple, Nvidia, and Broadcom in the US next week  —  EU antitrust chief Margrethe Vestager will meet the chief executives of Apple (AAPL.O), Alphabet (GOOGL.O), Broadcom (AVGO.O) and Nvidia (NVDA.O) …
PYMNTS.com:
Adobe: US online holiday sales between November 1 and December 31, 2023, reached a record $222.1B, up 4.9% YoY; BNPL contributed a record $16.6B, up 14% YoY  —  Online sales reached a new record in 2023, thanks in part to buy now, pay later options.  —  New data from Adobe, released Thursday …

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