Techmeme
February 7, 2022, 1:30 PM

Top News

Michiel Willems / City A.M.:
In its annual SEC report, Meta repeats its warning that it may be forced to shut down “significant” services in Europe if the EU adopts new data transfer rules  —  If Meta is not given the option to transfer, store and process data from its European users on US-based servers …
Sam Reynolds / CoinDesk:
The Ethereum Name Service DAO, which manages .eth domains, votes to remove Brantly Millegan as a steward over a 2016 tweet; Millegan has refused to apologize  —  A Tweet from Nick Johnson, founder and lead developer of ENS, confirmed Millegan has been removed from both the DAO and as director of operations of True Names Ltd.
Todd Bishop / GeekWire:
Amazon raises its maximum base pay for corporate and tech employees from $160K to $350K, in line with other tech giants, citing a “competitive labor market”  —  Amazon will boost its maximum base pay to $350,000 for corporate and tech employees, from $160,000 previously …
Manish Singh / TechCrunch:
Ethereum scaling project Polygon raises $450M, its first major financing round, led by Sequoia Capital India; Polygon has a ~$13B market cap  —  Ethereum scaling firm Polygon has raised $450 million in a new venture financing round as the firm, with a market cap of about $13 billion …
Alex Konrad / Forbes:
A profile of freight logistics startup Flexport, which is raising a $935M+ Series E co-led by a16z and MSD Partners at an $8B valuation  —  Founder Ryan Petersen has positioned himself as shipping's savior, earning Flexport a new $8 billion valuation.  But industry rivals …
J. Clara Chan / The Hollywood Reporter:
Daniel Ek says “silencing” Rogan is not the answer in a staff email and commits $100M to licensing, developing, and marketing content from marginalized groups  —  Over the weekend, videos resurfaced by the musician India.Arie showed the podcaster repeatedly using the n-word and making derogatory comments about Black people.
Charles Daly / Bloomberg:
Stockholm-based price comparison service PriceRunner sues Google in Swedish court for allegedly manipulating search results to favor its own services  —  Alphabet Inc.'s Google is being sued by Nordic price comparison provider PriceRunner AB for about 22 billion kronor ($2.4 billion) at Stockholm's patent and market court.
Christopher Knaus / The Guardian:
In a Cambridge Analytica data lawsuit, Australian court dismisses Meta's claim that it doesn't conduct business nor collect personal information in the country  —  Full bench of the federal court confirms earlier ruling that tech giant collects personal information in Australia
Shoshana Wodinsky / Gizmodo:
Adtech experts explain how GDPR has proven ineffective thanks to the ingenuity of adtech firms, which have managed to effectively skirt its consent requirement  —  The EU's landmark privacy law, GDPR, was supposed to change the world of tech privacy forever.  What the hell happened?  —  Alerts

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:
Zoho Forms for successful Black Friday sales  —  Black Friday is a retail frenzy that can significantly impact your bottom line.  To make the most of this shopping bonanza, you need a strategy that not only attracts customers …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Mon. 11/04 - Apple Buying And Investing In Things
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 1:30 PM ET, February 7, 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

Earlier Picks

Natasha Lomas / TechCrunch:
Casey Newton / Platformer:
Emma Roth / The Verge: