Techmeme
January 19, 2022, 1:00 PM

Top News

Wall Street Journal:
Sources: in recent weeks, CEO Bobby Kotick suggested Activision Blizzard make an acquisition, including of trade publications like Kotaku and PC Gamer  —  After a lawsuit and a Journal report, the company's stock was falling, board members were getting anxious—and the tech giant was ready to take a gamble
Bloomberg:
Sony's stock fell 13% on Wednesday, its biggest drop since October 2008, wiping $20B off its valuation, after Microsoft announced its Activision Blizzard deal  —  Sony Group Corp. shares fell 13% in Tokyo on Wednesday, their biggest drop since October 2008, after PlayStation rival Microsoft Corp. announced …
Bloomberg:
Sources: Activision Blizzard tried to find other buyers, including Meta, while weighing a potential Microsoft takeover after the WSJ's exposé in November  —  Late last year, as Activision Blizzard Inc. and Chief Executive Officer Bobby Kotick were reeling from accusations that Kotick knew …
Microsoft:
Peter Kafka / Vox:
CNBC:
Apple and Google warn of harmful consequences to user privacy and security from two proposed Senate antitrust bills scheduled to be considered this week  —  - Apple warned in a letter on Tuesday that antitrust bills being considered in the Senate would increase the risk of security breaches to iPhone users.
Carly Page / TechCrunch:
Password management service 1Password raises a $620M Series C led by Iconiq Growth at a $6.8B valuation and says it now has 100K+ paying customers  —  Password management platform 1Password has closed a massive $620 million Series C funding round that raises the company's valuation to $6.8 billion.
Makena Kelly / The Verge:
Democratic lawmakers unveil the Banning Surveillance Advertising Act, which would ban targeted ads but allow broad location-based and contextual ads  —  It could reshape the entire tech industry  —  On Tuesday, Democrats introduced a new bill that would ban nearly all use …
Steve Dent / Engadget:
Opera unveils Crypto Browser Project, a beta browser for Windows, Mac, and Android, with a crypto wallet, access to crypto/NFT exchanges, dApps, and more  —  Opera has launched its Web3 “Crypto Browser” into beta with features like a built-in crypto wallet, easy access to cryptocurrency/NFT exchanges …
NBC News:
Snapchat's friend recommendation feature will no longer suggest users under 18, unless they have a certain number of friends in common, to curb drug dealing  —  Exclusive: Snapchat executive on company's efforts to stop sale of counterfeit pills  —  Snapchat's parent company announced Tuesday …
Wall Street Journal:
AT&T and Verizon temporarily restrict 5G expansion near US airports, but a few airlines will still suspend some flights on Wednesday amid Boeing's guidance  —  Flight suspensions occur even as AT&T and Verizon agree to limit signals within 2 miles of runways to address air-safety concerns
Dean Takahashi / VentureBeat:
South Africa-based mobile games publisher Carry1st raises a $20M Series A extension led by a16z, the firm's first investment in an Africa-headquartered startup  —  Carry1st has raised $20 million in funding from marquee investors for its mobile game publishing platform targeted at unlocking demand in the African market.
Devin Coldewey / TechCrunch:
Ambient.ai, which uses AI to process live video footage from security cameras and alert users of breaches, raises $52M led by a16z  —  Security — as in “hey you, you can't go in there” — quickly becomes a complex, arguably impossible job once you get past a few buildings and cameras.
Andrew Asmakov / Decrypt:
Crypto.com halted withdrawals on Monday and required users to sign back in and reset 2FA; research shows it lost 4,600+ ETH, worth ~$15M, in a presumed hack  —  The crypto exchange has reportedly lost at least $15 million in Ethereum, and security experts believe the true losses could be much higher.
Sarah Perez / TechCrunch:
Filmhub, which lets filmmakers distribute their work to over 100 streaming channels, including Amazon Prime Video and Apple TV, raises a $6.8M seed led by a16z  —  As the streaming market grows, so has the demand for content.  But even though it's now easier than ever for filmmakers to create …
Kate Rooney / CNBC:
The US OCC and Federal Reserve approve SoFi's bid to become a bank holding company via its Golden Pacific Bancorp acquisition; SoFi stock jumps 16%+ after hours  —  - San Francisco-based SoFi got approval from its two key regulators to become a bank holding company.
Arjun Kharpal / CNBC:
Chinese government data shows domestic smartphone shipments grew 15.9% YoY to 342.8M units in 2021, below the 371.7M smartphones shipped in 2019  —  - China domestic smartphone shipments jumped 15.9% year-on-year in 2021 to 342.8 million units, according to the China Academy of Information and Communications Technology (CAICT).
Katie Roof / Bloomberg:
Handshake, a diversity-focused recruitment network aimed at college students, raises a $200M Series F at a $3.5B valuation, up from $1.5B in May 2021  —  Handshake, a job network for recent college graduates, reached a valuation of $3.5 billion after a new round of financing.
More: Yahoo FinanceThanks:@mayajvarma
Keith Romer / New York Times:
AI tools can generate an optimal poker strategy, balancing bluffing and playing it straight, which some professional players are using to augment their play  —  Good poker players have always known that they need to maintain a balance between bluffing and playing it straight.  Now they can do so perfectly.

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
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.
Zoho:
Stay secure while signing documents digitally this Cybersecurity Awareness Month  —  National Cybersecurity Awareness Month was launched in October of 2004 and has been observed every year since.
Notion:
Get up to 6 months free of Notion with unlimited AI  —  Notion is trusted and loved by thousands of startups as their connected workspace—from building product roadmaps to tracking fundraising.  Build and scale your company with one tool!
Techmeme Ride Home:
Wed. 10/30 - M4 MacBook Pros
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 1:00 PM ET, January 19, 2022.

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

Clive Cookson / Financial Times:

Earlier Picks

Todd Spangler / Variety:
Frank Chaparro / The Block: