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November 16, 2021, 1:30 PM
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memeorandum
WeSmirchTop News
| Wall Street Journal: |
Sources: Activision CEO failed to inform the board about allegations an employee had been raped by her supervisor in 2016 and 2017, even after a settlement — Top executive didn't inform board of some reports, including alleged rapes; company faces multiple regulatory investigations
More:
Activision Publishing, Game Developer, Bloomberg, Protocol, IGN, and Kotaku
Tweets: @shannon_liao, @shannon_liao, @shannon_liao, @shannon_liao, @jasonschreier, @patrickklepek, @loudmouthjulia, @karaswisher, @tomwarren, @lucas_shaw, @gregbensinger, @kirstengrind, @benfritz, @jasonschreier, @benfritz, @benfritz, @benfritz, @benfritz, @benfritz, @kirstengrind, @kirstengrind, @kirstengrind, @megan_nicolett, @jasonschreier, @benfritz, and @kirstengrind
| Chaim Gartenberg / The Verge: |
Qualcomm says its next-gen PC CPUs will be designed by its recently acquired Nuvia team, hopes they will reach end users in 2023 and be “M-series competitive” — Developed by the Nuvia team — Qualcomm is looking to seriously beef up its PC processors, with the company announcing plans …
More:
ZDNet, Protocol, AppleInsider, MacRumors, 9to5Mac, Liliputing, iDownloadBlog.com, MSPoweruser, and iMore
| Alex Heath / The Verge: |
A look at Meta's attempts to decrease info sharing internally, especially for its research and Integrity divisions, some worry at the expense of product safety — Last month, a researcher for Meta prepared a talk for colleagues that they knew would hit close to home.
Tweets: @hardin, @verge, and @alexeheath
| Meghan Bobrowsky / Wall Street Journal: |
Source:
Ohio Attorney General …. More:
The Guardian, Fortune, The Verge, Associated Press, Tech Policy Press, WRAL TechWire, CNBC, SiliconANGLE, Insider, WSYX, WLWT-TV, Newsweek, Plain Dealer, and Axios
Facebook: Ohio Attorney General Dave Yost. Tweets: @yost4ohio, @michaelssmithii, @ohioag, and @dseetharaman
| Aisha Malik / TechCrunch: |
Twitter stops automatically refreshing timelines on the web with new tweets, after users complained about disappearing tweets — Twitter is updating its web platform to change the way users see new tweets. The social media giant will no longer automatically refresh timelines on the web with new tweets …
Source:
@twittersupport. More:
CNET, The Verge, Engadget, iDownloadBlog.com, GSMArena.com, Gizchina, NDTV Gadgets 360, and Android Headlines
Tweets: @whatthebit, @niyotanen, and @hypervisible
| Bloomberg: |
Celebrity NFTs from Grimes, A$AP Rocky, John Cena, and others have dropped significantly in value, leaving some buyers with large losses — Tokens from Grimes and A$AP Rocky fall, leaving buyers with losses — Celebrities like the musician Grimes have been quick to cash in on nonfungible tokens … | Berber Jin / The Information: |
Source: Instacart has delayed its IPO plans from Q4 2021 to 2022 as it focuses on expanding its services for retailers beyond delivery — Instacart has pushed off plans for a public listing until next year or later as Fidji Simo, a former Facebook executive who took the reins three months ago …
Tweets: @amir and @sylviavarnham
| Bloomberg: |
UK supermarket Sainsbury's becomes the first known customer for Amazon's Just Walk Out tech outside the US, starting with a London store opening November 29 — - Sainsbury is first ‘Just Walk Out’ customer outside the U.S. — Grocery expected to open Nov. 29 with shop-and-go technology
More:
Engadget, Pocket-lint, Retail Technology …, The Verge, Telecoms.com, Retail Technology …, and City A.M.
| Sam Shead / CNBC: |
The UK refers Nvidia's planned Arm acquisition to the CMA for a full 24-week investigation, citing antitrust and national security concerns — - Digital and Culture Secretary Nadine Dorries ordered a “phase 2” probe into Nvidia's $40 billion bid for Arm on Tuesday.
Source:
GOV.UK. More:
GOV.UK, Telegraph, Ars Technica, The Register, TechCrunch, GOV.UK, AppleInsider, Bloomberg, Reuters, Patently Apple, and Tech Xplore
Tweets: @jamestitcomb, @sam_l_shead, @sam_l_shead, @jamestitcomb, and @ryan_browne_
| Ryan Broderick / Garbage Day: |
As some Twitter users mock NFTs and Web3 believers retaliate, a16z, Meta, and others are investing in the crypto industry to remake the internet in their image — Read to the end for a really good supercut — Who Will Win The Web3 Culture War? — On Friday, I wrote about how furries …
More:
Platformer. Tweets: @nicodotgay, @oneunderscore__, @coinerstakingls, @alibreland, @broderick, @andymci, @nash076, @technollama, @jamesliamcook, @ambient_soup, @timkiladze, @kait_tiffany, and @benyt
| Fred Wilson / AVC: |
Seed rounds at $100M post-money valuations, now fairly common, are unlikely to perform well for investors, given dilution and early startups' high failure rate — We have been seeing quite a few seed rounds getting done in and around $100mm post-money and that concerns me for a few reasons:
More:
howardlindzon.com. Tweets: @bijan, @eastdakota, @bencasnocha, @alongoren, @casey_lau, @debarghya_das, @ctrenchs, @cmschroed, @sebprovencher, @riskreversal, @hkanji, @alex, @semil, @alex, and @josephflaherty
| Rob Pegoraro / PCMag: |
Pew: 42% of US users read Twitter primarily for entertainment, 20% for news; one-third of users visit Twitter less than once a week, 66% visit at least weekly — More tweeps read Twitter primarily for entertainment, but among the 69% who report getting news on Twitter …
Source:
Pew Research Center and Pew Research Center. More:
Fast Company, Axios, and Mashable
| Mitchell Clark / The Verge: |
Twitter makes its v2 API, announced in August 2020, the default for developers, giving third-party apps more freedom as it aims to become more decentralized — Twitter's new API is finally official, which could mean good things for third-party clients — Twitter has announced …
Source:
Twitter. More:
9to5Mac, MacStories, TNW, iMore, Protocol, ZDNet, SiliconANGLE, and Reuters
Tweets: @twitterdev, @willchamberlain, @backlon, @jack, @vladsavov, @mathewi, @sub8u, @loic, @quinnypig, @dr, @stevestreza, @green_footballs, and @caseynewton
| Gian M. Volpicelli / Wired: |
How investigators like “Gabagool” are using open source tech to identify, track down, and expose foul play and questionable practices in DeFi — Open source investigators are struggling to maintain law and order in the wildest recesses of cryptocurrency's Wild West.
Tweets: @pardesoteric and @scottthurm
| Yogita Khatri / The Block: |
StarkWare, an Ethereum Layer 2 developer using zero-knowledge rollups to more quickly validate transactions, raises $50M led by Sequoia at a $2B valuation — Quick Take — StarkWare has raised $50 million in a Series C funding round and is now valued at $2 billion.| Mitchell Clark / The Verge: |
TikTok users show that Disney's text-to-speech Rocket the Raccoon voice wouldn't say words like “gay”, “lesbian”, or “queer”; the decision has now been reversed — Whatever was causing LGBT-related words to be silenced appears to have been reversed| Mary Ann Azevedo / TechCrunch: |
Tel Aviv-based Justt, which automates chargeback disputes for online merchants, emerges from stealth with $70M across seed, A, and B rounds — Justt, a Tel Aviv-based chargeback mitigation startup, is emerging out of stealth today with $70 million in total funding.
More:
VentureBeat and Finextra
| Ingrid Lunden / TechCrunch: |
Tel Aviv-based EasySend, which offers no-code tools for customer interactions, raises a $55.5M Series B led by Oak HC/FT — No-code continues to permeate the many layers of enterprise IT, where traditionally non-technical workers have had to rely on technical experts to get things done …
More:
Australian Financial Review, CTech, VentureBeat, and FinSMEs
| Bloomberg: |
China is warning state firms to exit cryptocurrency mining and is considering punitive measures for those that do not comply — China is warning its own state-owned enterprises to get out of cryptocurrency mining and is considering imposing punitive measures in the form of higher power prices …
More:
CNBC, Cointelegraph, cryptodaily.co.uk, Decrypt, and Benzinga
| Katie Roof / Bloomberg: |
Online wholesale marketplace Faire, aimed at small retailers and brands, raises $400M, valuing the company at $12.4B, up from its $7B valuation in June — - $400 million investment led by Durable Capital, D1, Dragoneer — Faire says European expansion is helping its revenue growth
More:
Reuters, Wall Street Journal, and Crunchbase News
| Jon Porter / The Verge: |
Badges for Instagram Live, in testing for over a year, rolls out as a way for users to pay and support creators; Instagram won't take a cut until 2023 — Its ‘Badges’ are officially launching in the US — Today, Instagram is officially launching its Badges feature, which gives viewers …
More:
Engadget
| Steve Dent / Engadget: |
Google Search expands the carousel launched to provide local COVID-19 news to include topics like sports and government, available now in all languages — Google has launched new tools and features for both readers and reporters designed to aid local news organizations, it announced today.| Anna Nicolaou / Financial Times: |
Substack says it has reached 1M paying subscribers, up from 250,000 last December — Many top journalists have left legacy media to go it alone on publishing platform — Newsletter start-up Substack has reached 1m paying subscribers, underlining the growing power of à la carte journalism …
Source:
Substack. More:
Forbes, The Wrap, and Nieman Lab
Tweets: @hamishmckenzie, @andrewchen, @ggreenwald, @mediaevan, @apompliano, @ljin18, and @carnage4life
| Suhauna Hussain / Los Angeles Times: |
Amazon agrees to pay $500K to California for concealing COVID-19 case numbers from its workers, the first such action under the state's new “right to know” law — Amazon has agreed to pay $500,000 to better enforce state consumer protection laws after California's attorney general …
Source:
State of California. More:
Insider, CNBC, Axios, GeekWire, The Verge, Reuters, Wall Street Journal, and Mercury News
Tweets: @techwontsaveus and @yoda
| Lauren Goode / Wired: |
A look at VR meeting startup Spatial, which in January pivoted to hosting NFT auctions in virtual spaces — Yes, that's a really a thing now. — Jacob Loewenstein started off his talk at the Augmented World Expo by apologizing. — It was a small crowd—fewer than a hundred people …
Tweets: @spatialxr, @tacolamp, @wired, and @laurengoode
| Paul Sawers / VentureBeat: |
People Data Labs, which offers data-as-a-service through APIs with 3B profiles of people globally, raises a $45M Series B led by Craft Ventures — People Data Labs (PDL), a company that's setting out to create a “single source of truth” for B2B data products based on 3 billion people profiles globally …
More:
FinSMEs and GlobeNewswire News Room
| Mary Ann Azevedo / TechCrunch: |
GlossGenius, which offers payment services and other tools to spa, studio, and salon owners, raises a $16.4M Series A from Bessemer, Tobias Lütke, and more — Shopify, Toast and Mindbody co-founders join Bessemer in backing the startup — GlossGenius, a technology provider for the spa …
More:
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Department of Homeland …. More:
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| Miles Kruppa / Financial Times: |
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