Techmeme
March 9, 2022, 5:45 PM

Top News

Wall Street Journal:
Biden signed an executive order directing federal agencies to study the risks posed by digital assets, such as evading sanctions, and consider a digital dollar  —  Cryptocurrency advocates celebrate order while skeptics see it as a step back for regulation  —  WASHINGTON—The price …
Ryan Smith / AnandTech:
A deep dive into Apple's M1 Ultra: two M1 Max dies combined into a single chip, 800GB/second memory bandwidth, 64 GPU cores to outperform the RTX 3090, and more  —  As part of Apple's spring “Peek Performance” product event this morning, Apple unveiled the fourth and final member of the M1 family of Apple Silicon SoCs, the M1 Ultra.
Chris Welch / The Verge:
Studio Display's A13 Bionic chip, the same SoC that powers the iPhone 11, lets Apple add Center Stage, Spatial Audio, and “Hey Siri” to a desktop monitor  —  The A13 Bionic makes the most of the built-in webcam and speakers  —  Apple's $1,599 Studio Display will be available on March 18th …
Emily Nicolle / Bloomberg:
Two Austrian entrepreneurs acquire the assets of LimeWire, the music sharing service shuttered in 2010, and plan to relaunch it as an NFT marketplace for music  —  A pair of serial entrepreneurs in Austria has bought the rights to defunct music platform LimeWire with plans to revamp its image …
On Substack:
Substack launches an iOS app for reading; Android users can join a waitlist  —  What you read matters  —  Today, we're launching an iOS app for reading.  It's like your email inbox, but better.  —  For readers, the app brings all your Substack subscriptions together in one venue …
Dana Mattioli / Wall Street Journal:
Bipartisan House Judiciary Committee members ask the DOJ to investigate Amazon and its executives, accusing the company of obstructing Congress' antitrust probe  —  House Judiciary Committee accuses tech giant of withholding information during antitrust probe; Amazon has denied any attempts to mislead
Washington Post:
Lumen becomes the second US backbone internet provider to exit Russia after Cogent; Russia's top international data sources are now in Sweden, Italy, and the UK  —  Lumen, a leading American Internet provider to Russia, announced Tuesday that it was severing business relations in the country …
Annie Palmer / CNBC:
Amazon's board of directors approve a 20-for-1 stock split and Amazon says it plans to buy back up to $10B in shares; stock rises 6% after hours  —  - Amazon on Wednesday announced that the Board of Directors has approved a 20-for-1 stock split.  — The company also said it plans to buy back up to $10 billion worth of shares.
Jeremy C. Owens / MarketWatch:
Asana reports Q4 revenue of $111.9M, up 64% YoY, GAAP net loss of $90M, up from $61.5M in Q4 2021, and 119K paying customers; stock down 15%+ after hours  —  Collaboration-software company loses more than expected while revenue grows faster than analysts modeled, and that dynamic is expected to continue
More: Asana
Claire Fahy / New York Times:
Weight Watchers agrees to pay a $1.5M penalty for using its Kurbo app to illegally collect personal information from kids without parental consent  —  Kurbo by WW, a weight loss app geared toward children, illegally collected data from users as young as 8 without their parents' consent, the Federal Trade Commission said in a complaint.

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