Techmeme
January 24, 2022, 8:00 PM

Top News

James Vincent / The Verge:
Meta unveils AI Research SuperCluster, a supercomputer for ML training, claiming it will have 16K GPUs and be the world's fastest upon completion in mid-2022  —  Designed to train the next-generation of machine learning systems  —  Social media conglomerate Meta is the latest tech company to build an …
CNBC:
The cryptocurrency market has lost ~$130B over the past 24 hours; bitcoin and ether reached their lowest levels since July and are down 50%+ from all-time highs  —  - Bitcoin climbed into positive territory after falling below $33,000 to a new low.  — The No. 1 cryptocurrency and ether …
Cat Zakrzewski / Washington Post:
District of Columbia, Texas, Washington, and Indiana AGs sue Google for allegedly deceiving users to gain access to their location data from at least 2014  —  The complaints allege the company has deployed ‘dark patterns,’ design tricks that can subtly influence users' decisions in ways that are advantageous for a business
Dan Goodin / Ars Technica:
Hackers say they hit a Belarusian rail system with ransomware to stop Russia's military buildup against Ukraine; many Belarus Railway services appear offline  —  If confirmed, the attack would be one of the first times ransomware has been used this way.  —  Hacktivists in Belarus said on Monday …
Sami Fathi / MacRumors:
The Netherlands fines Apple €5M, saying Apple's IAP changes “failed to satisfy the requirements”; the fine rises €5M/week to €50M until Apple complies  —  The Dutch Authority for Consumers and Markets (ACM) has ruled that Apple's plan to allow App Store dating apps …
Elliptic Blog:
Research: an OpenSea bug is being exploited to purchase NFTs at below-market rates before flipping them, netting $1M+ across at least eight NFTs in 12 hours  —  A bug is being exploited to purchase NFTs from users of OpenSea, at well below market value.  Since this morning …
Juli Clover / MacRumors:
Some developers who use Apple's CloudKit have complained about an iCloud syncing bug for months; some are resorting to adding iCloud status pages to their apps  —  A number of developers are upset with an increasingly problematic iCloud server issue that is causing some apps …
Jordan Novet / CNBC:
IBM reports Q4 revenue of $16.7B, up 6% YoY, and net income up 72% YoY to $2.3B, following the spinoff of its managed infrastructure services unit Kyndryl  —  - IBM executives have been telling investors to look for mid-single digit revenue growth.  — The company spun out its managed …
Sarah Perez / TechCrunch:
Soona, which helps e-commerce merchants with product photo and video shoots virtually, raises a $35M Series B led by Bain Capital Ventures  —  Alongside the dramatic growth in e-commerce, in part fueled by the pandemic, there's also increased demand for services that can help merchants more easily participate online.
Wall Street Journal:
Internal docs: Meta's “free” low-data service for developing countries has led to unexpected charges for users, totaling millions of dollars per month  —  Its program for low-income countries, designed to boost growth outside the U.S., leads to unexpected charges; the company blames software glitches
Javier Espinoza / Financial Times:
Hundreds of German advertisers and publishers, including Axel Springer, say Google is breaking EU law by phasing out third-party cookies from Chrome by 2023  —  Axel Springer among the media groups demanding that Brussels intervene on search giant's plan  —  Google is facing a fresh complaint …
Micah Singleton / Billboard:
A look at the piracy issues plaguing blockchain-based music streamer Audius, as users easily find unlicensed albums from Kanye West, Drake, Nas, and others  —  Backed by Katy Perry and Lil Nas X, the blockchain-based network isn't paying rights-holders for legally uploaded music.
Ingrid Lunden / TechCrunch:
Deliverect, which integrates online orders from various food delivery services into restaurants' POS systems, raises a $150M Series D at a $1.4B+ valuation  —  As we have started to see the light at the end of the Covid-19 tunnel, food delivery has shaped up to continue to be a major business.
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