Techmeme
February 1, 2022, 4:25 AM

Top News

Brendan Sinclair / GamesIndustry.biz:
Sony Interactive Entertainment announces it is buying Bungie, which makes Destiny and other games, for $3.6B; Bungie will become an independent subsidiary  —  Destiny studio will remain multiplatform, able “to self-publish and reach players wherever they choose to play”
The New York Times Company:
The New York Times acquires Wordle, the simple word game that has amassed “millions of daily players”, for “an undisclosed price in the low-seven figures”  —  Wordle, Josh Wardle's stimulating and wildly popular daily word game, is joining The New York Times's portfolio of original …
Connie Loizos / TechCrunch:
Ryan Breslow, co-founder of one-click checkout startup Bolt, steps down as CEO and becomes executive chairman, after his tweets bashing YC and Stripe went viral  —  Ryan Breslow, who founded the “one-click” checkout tech company Bolt as a Stanford student and dropped out of college to build it …
John Hendel / Politico:
Nonprofit suicide chat service Crisis Text Line ends its data sharing relationship with for-profit spinoff Loris.ai and asks the company to delete existing data  —  The nonprofit mental-health hotline Crisis Text Line ended its data-sharing relationship with a for-profit spinoff Monday …
Manish Singh / TechCrunch:
India proposes a 30% tax on income from transfer of digital assets like cryptocurrencies and NFTs and launching a digital rupee in the next financial year  —  India on Tuesday proposed launching digital rupee in within a year and a 30% tax on income from transfer of virtual digital assets …
Nikhilesh De / CoinDesk:
Silvergate Bank confirms it is purchasing the Diem Association's tech and other assets by issuing $132M in stock and paying $50M in cash; Diem is shutting down  —  The Diem Association is shutting down.  —  Silvergate Bank confirmed Monday that it's purchasing the technology and other assets from Diem …
Kim Lyons / The Verge:
Meta rolls out updated 3D avatars across Facebook, Messenger, and Instagram Stories in the US, Canada, and Mexico  —  It's a step toward the company's concept of the metaverse  —  Facebook parent company Meta is introducing 3D avatars to Instagram Stories and direct messages and updating …
Wall Street Journal:
Antenna: Apple TV+, Disney+, HBO Max, and others struggle to retain US subscribers who joined to watch a hit show; some subscribers only stay for a few months  —  Roughly half of U.S. viewers who joined right after ‘Hamilton’ and ‘Wonder Woman 1984’ were gone in six months, data show
Ann-Marie Alcántara / Wall Street Journal:
Pinterest adds an augmented reality tool for furniture to its mobile app, letting users see how 20K products from retail partners would look in their homes  —  The new tool expands on its existing technology used for beauty products  —  Pinterest Inc. is introducing a new augmented reality tool …
More: EngadgetThanks:@malliegator
Jonathan Greig / ZDNet:
Education publisher Pearson acquires Credly, which helps businesses issue digital credentials to certify workers' skills, for $140M; Credly has 2,000+ customers  —  Pearson already owned a 20% stake in the digital workforce credentialing platform worth about $40 million but is now buying the entire company.
Faseeh Mangi / Bloomberg:
Riyadh-based Retailo, which aims to digitize mom-and-pop stores in Saudi Arabia, Pakistan, and the UAE, raises a $36M Series A led by Graphene Ventures  —  The e-commerce platform Retailo has raised $36 million to help fund its effort to digitize mom-and-pop stores in Pakistan, U.A.E. and its home country of Saudi Arabia.
Sam Byford / The Verge:
Joe Rogan posts a video to Instagram defending booking contentious guests, apologizes to Spotify for the backlash, and says he may book more “experts”  —  'I'm very sorry that this is happening to them.'  —  Joe Rogan has issued a response to the ongoing controversy …
Daniel Ek / Spotify:

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Earlier Picks

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New York Times: