Techmeme
December 24, 2021, 2:45 AM

Top News

Sean Hollister / The Verge:
Amid COVID-19 concerns, Google, GM, and Waymo cancel in-person plans for CES, following Meta, Amazon, Twitter, and others, while Intel scales back its presence  —  The world's biggest technology show may not be  —  CES, the world's largest technology show, appears to be in jeopardy due to rising COVID-19 cases in the United States.
Neal E. Boudette / New York Times:
Tesla agrees to release a software update that blocks its Passenger Play gaming feature while the vehicle is in motion, after the NHTSA opened an investigation  —  Tesla has agreed to modify software in its cars to prevent drivers and passengers from playing video games on the dashboard screens …
Tom Krisher / Associated Press:
Karen Weise / New York Times:
Amazon reaches a nationwide settlement with the NLRB to let its warehouse employees more easily organize, likely affecting over 1M current and former workers  —  The agreement's national scope and its concessions to organizing go further than any previous settlement that the e-commerce giant has made.
Richard Lawler / The Verge:
Marc Andreessen blocked Jack Dorsey on Twitter following his tweets critical of a16z and Web3; Dorsey then tweeted “I'm officially banned from web3”  —  The venture capitalist blocked the former Twitter CEO, and Dorsey said he's now ‘banned from Web3’
Vlad Savov / Bloomberg:
Mary Ann Azevedo / TechCrunch:
Ant Money, which operates micro-income app ATM, gamer savings app Blast, and financial literacy app Learn & Earn, raises a $20M Series A  —  Serial fintech entrepreneur Walter Cruttenden founded Acorns with his son, Jeff, in 2012 with the goal of helping low- and middle-income households to invest and save responsibly.
Bloomberg:
Intel apologizes, following a backlash in China, for telling Chinese suppliers to avoid Xinjiang labor, saying it only did so to “ensure compliance” with US law  —  - Brand ambassador Wang Junkai cuts ties with the U.S. chipmaker  — Intel asked suppliers not to use labor, products from Xinjiang
Jeff John Roberts / Decrypt:
As Bakkt's stock drops from $50 to ~$9 two months after its SPAC merger, president and founding executive Adam White says he is leaving the company next week  —  Adam White, a founder and President of the digital assets and rewards platform Bakkt, took to Twitter on Thursday to say he is moving on from the company.
Katie Roof / Bloomberg:
Sources: cybersecurity startup Snyk is preparing for an IPO that could happen as soon as mid-2022, with a target to exceed its $8.6B valuation from September  —  Cybersecurity startup Snyk Ltd. is making preparations for an initial public offering that could happen as early as next year, according to people familiar with the matter.
Salvador Rodriguez / CNBC:
At least 14 senior Meta executives, including from its Workplace and Novi divisions, left in 2021 or announced plans to depart in the coming months  —  - Numerous Facebook executives left the company in 2021 or announced plans to depart in the coming months.

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Earlier Picks

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