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January 12, 2022, 3:35 PM

Top News

Sarah Perez / TechCrunch:
App Annie: consumers spent $170B on mobile apps globally in 2021, up 19% YoY, downloading 230B apps; the average American spent 4.1 hours in apps per day  —  Consumer spending on mobile apps reached $170 billion in 2021, according to App Annie's newly released “State of Mobile 2022″ report …
Bloomberg:
Sony confirms PlayStation 4 production will continue in 2022, which sources claim will help the company offset some PlayStation 5 production pressure  —  Sony Group Corp. will continue producing PlayStation 4 consoles throughout 2022 as it navigates disruptions to the global supply chain …
Sam Reynolds / CoinDesk:
Jack Dorsey and others propose a legal defense fund for Bitcoin developers, citing “multi-front litigation” and “threats”  —  The main purpose of the fund will be to defend developers from from lawsuits regarding their activities in the Bitcoin ecosystem …
Kim Eun-jin / BusinessKorea:
After failing to show up at its launch event, Samsung says the Exynos 2200 will be unveiled alongside a new smartphone, likely in late January or early February  —  Samsung Electronics has decided to put off the Exynos 2200 unveiling, which was initially scheduled for Jan. 11, in consideration of the customer's schedule.
Ron Amadeo / Ars Technica:
Samsung, which had announced a January 11 event for the Exynos 2200, didn't show up to its own product launch  —  The Exynos 2200 was supposed to launch on January 11.  It didn't.  —  So here's a crazy story.  Samsung was supposed to have a big SoC launch today, but that launch did not happen.
Poynter:
Peter Rudegeair / Wall Street Journal:
London-based Checkout.com, which offers payment processing tools, raises $1B in a share sale at a $40B valuation  —  The $1 billion deal vaults the digital-payments processor past all but a handful of other startups  —  Checkout.com didn't raise money from outside investors until 2019.
Ron Miller / TechCrunch:
Canalys: worldwide PC shipments grew 15% YoY in 2021 to 341M, the highest annual shipments since 2012; Apple's market share grew by 28.3%, Acer's by 21.8%  —  It would be easy to think PC sales dropped worldwide last year amid chip shortages, but that conventional thinking would be wrong.
Lucy Harley-Mckeown / The Block:
Coinbase says “nearly the entire company will shut down” across four separate “recharge weeks” for employees in 2022  —  Quick Take  — Coinbase is giving employees four ‘recharge weeks’ off in 2022 in order to counteract what it called an intense working environment.
Cat Zakrzewski / Washington Post:
Mitchell Clark / The Verge:
Wordle clones are starting to disappear from Apple's App Store, after reports surfaced about many capitalizing on the guessing game's popularity  —  It seems Apple has taken action  —  Has Apple taken action against apps that cloned the popular web game Wordle?
Bloomberg:
Alphabet Workers Union complains that contract workers receive COVID-19 testing that is inferior to the $949 Cue Health devices given to full-time WFH employees  —  - Full-time employees at home get instant results from Cue  — Contractors in office are offered cheaper mail-in tests
Talal Ansari / Wall Street Journal:
Kim Kardashian and other celebrities are facing a class action lawsuit for allegedly leading investors into an EthereumMax cryptocurrency pump-and-dump scam  —  Lawsuit alleges celebrities made false or misleading statements to investors about EthereumMax; company disputes allegations

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