Techmeme
December 21, 2021, 2:35 PM

Top News

Vlad Savov / Bloomberg:
Jack Dorsey's tweet stirs uproar: “You don't own ‘web3.’ The VCs and their LPs do. It will never escape their incentives. It's ultimately a centralized entity”  —  Fresh off relinquishing the chief executive reins of Twitter Inc., Bitcoin enthusiast Jack Dorsey has taken …
Lucas Shaw / Bloomberg:
OnlyFans founder Tim Stokely steps down as CEO, naming head of communications and marketing Ami Gan as his replacement; Stokely will remain as an adviser  —  OnlyFans named spokesperson Ami Gan as its new chief executive officer, replacing Tim Stokely, who founded and built the media company …
Todd Spangler / Variety:
AT&T plans to sell its Xandr programmatic advertising marketplace to Microsoft; the deal would not include the ad sales business supporting DirecTV  —  Financial terms of the deal were not disclosed; the transaction is subject to customary closing conditions, including regulatory reviews.
New York Times:
Crypto and blockchain startups raised $28B+ in 2021, up 4x YoY, according to PitchBook, as large tech companies lose execs and engineers to crypto companies  —  Tech executives and engineers are quitting Google, Meta, Amazon and other large companies for what they say is a once-in-generation opportunity with crypto.
Isla McKetta / Speedtest Stories & Analysis:
A look at US satellite internet speeds, with Starlink median download/upload speeds of 87.3 Mbps and 13.5 Mbps, followed by HughesNet at 19.3 Mbps and 2.5 Mbps  —  Satellite internet is making headlines across the globe as Starlink continues to launch service in new countries and Viasat plans to acquire Inmarsat.
Stephanie Chan / Sensor Tower Blog:
In 2021, 906 developers are projected to pass $1M annual revenue for the first time on Apple's App Store and Google Play, vs. 475 in 2016 and 1,003 in 2020  —  As global consumer spending in mobile apps is projected to again reach new heights in 2021, Sensor Tower Store Intelligence data reveals …
Politico:
Sources detail Amazon's increasingly close relationship with the DOJ and FBI, as it tips off the agencies about employees and third-party sellers  —  Amazon has increasingly tipped off the Justice Department and FBI to investigate its own employees and the sellers using its platform, according to a POLITICO analysis. 
Andrew Hayward / Decrypt:
Render Network, a P2P network that offers remote rendering power for 3D visuals, raises $30M led by Multicoin Capital, bringing its total raised to $50M  —  In brief  — Render Network, a peer-to-peer service for providing 3D rendering power, has raised $30 million.
More: The Block
Sahar Massachi / MIT Technology Review:
A framework for fixing social media: apply lessons from physical cities, prevent fake accounts, improve corporate behavior, and listen to integrity workers  —  We need to make our online spaces more similar to our offline ones to limit the reach of bad actors and keep people safe.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS  —  Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered.  In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Fri. 12/20 - Gemini Flash Thinking
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:35 PM ET, December 21, 2021.

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

Saritha Rai / Bloomberg:
Sergiu Gatlan / BleepingComputer:

Earlier Picks

Mike Butcher / TechCrunch:
Stephen Totilo / Axios:
Catalin Cimpanu / The Record:
Catalin Cimpanu / The Record:
Brian Sozzi / Yahoo Finance:
Jessica Bursztynsky / CNBC: