Techmeme
January 10, 2022, 10:40 AM

Top News

Business Wire:
Take-Two will acquire Zynga for $12.7B, or $9.86 per share, a 64% premium on Zynga's January 7 closing price; Take-Two develops GTA, Red Dead, and other titles  —  Take-Two to acquire all the outstanding shares of Zynga for a total value of $9.861 per share - $3.50 in cash and $6.361 in shares …
Debby Wu / Bloomberg:
As TSMC reports record sales, research shows chip delivery times slipped to 25.8 weeks in December, the longest waits since 2017  —  - Shortages to persist as chip lead times rose again in December  — Chipmaker's revenue set to gain 26% this year: Goldman Sachs
More: CNBC
Simon Parkin / The Guardian:
Roblox's aim of encouraging children to make games has been its key to success but is fraught with dangers, as some face stress, burnout, and exploitation  —  Young developers on the platform used by many millions of children claim they have been financially exploited, threatened with dismissal and sexually harassed
Mitchell Clark / The Verge:
A look at Norton 360's widely criticized, opt-in crypto miner: a 3060 Ti mined 66¢ ETH in one night, costing 66¢ in electricity, and Norton takes a 15% cut  —  Some online accusations aren't exactly correct, but that doesn't mean it's a good deal  —  Norton is facing criticism …
Mark Gurman / Bloomberg:
How Apple could radically improve its money management services: expand Apple Card beyond US, add checking and savings accounts, ambitiously expand Wallet, more  —  Hey everyone, it's Mark.  Apple could shake up the fintech world with an Apple Card expansion, checking accounts and more.
Chance Miller / 9to5Mac:
Sarah Ya-Ru Zheng / Bloomberg:
Chinese edtech company New Oriental fired 60,000 workers in 2021 after revenue fell 80%, the biggest layoffs disclosed since China began its tech crackdown  —  - New Oriental saw an 80% slump in sales, chairman says  — It fell victim to far-ranging curbs on after-school education
Jon Porter / The Verge:
A roundup of Samsung Galaxy S22 series leaks, including specs, an unboxing video of dummy units, and an alleged image of the S22 Ultra's 45W fast charger  —  A new unboxing video has shown potential designs for the three handsets  —  A video from Unbox Therapy has shown off what appears …
Ax Sharma / BleepingComputer:
An open-source developer, expressing regret for supporting “Fortune 500s”, breaks ~19K projects by corrupting popular NPM libraries; GitHub reverts the changes  —  Users of popular open-source libraries ‘colors’ and ‘faker’ were left stunned after they saw their applications …
Paul Kiernan / Wall Street Journal:
Sources: the SEC is pushing for more transparency from large private companies, including increasing disclosures and tightening investor qualifications  —  ‘Unicorn’ firms have a huge impact and ‘absolutely no visibility’ for regulators, says SEC Commissioner Allison Lee

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