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March 21, 2022, 1:20 PM
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memeorandum
WeSmirchTop News
| Sarah McBride / Bloomberg: |
Yuri Milner, the wealthy Russian who invested early in Twitter and Facebook through DST Global, is carefully distancing himself from Kremlin-connected cash — Starting in the early 2010s, getting an invitation to Yuri Milner's château in Los Altos, Calif., meant you'd made it into Silicon Valley's …
Tweets: @jimaley, @danahull, @ivanlevingston, @mugdha_variyar, and @danahull
| Hartley Charlton / MacRumors: |
A developer shows Apple's Studio Display has 64GB of onboard NAND storage but only uses 2GB; the 64GB might be related to the Studio Display's A13 Bionic chip — Apple's Studio Display contains 64GB of onboard storage, but only 2GB are actually used by the display, a developer has discovered.
Source:
@khaost. More:
Macworld, 9to5Mac, AppleInsider, Redmond Pie, iPhone Hacks, Digital Trends, TechRadar, iPhone in Canada Blog, iMore, and GSMArena.com
Tweets: @genmon, @thurrott, @krzyzanowskim, @ecormany, @hartleycharlton, @jasoncross00, and @bzamayo
| Javier Espinoza / Financial Times: |
As EU lawmakers expect to finalize the Digital Markets Act this week, big US tech companies shift from ineffective lobbying toward figuring out how to comply — Brussels is set to finalise stringent new legislation targeting Silicon Valley giants, whose desperate lobbying has fallen on deaf ears
Tweets: @javierespft, @johnc1912, @livingstone_s, @javierespft, @javierespft, @javierespft, @mxsba, @marcoscialdone, @a_maehl, and @javierespft
| John Gruber / Daring Fireball: |
Apple drops the option to buy and rent content in the Apple TV app for Android TV and Google TV; sources: until recently Apple was exempt from Google's IAP cut — Rasmus Larsen, writing for FlatpanelsHD: … I can confirm via, as they say, sources familiar with the matter …
More:
FlatpanelsHD, Gizmodo, The Verge, Android Authority, 9to5Mac, Appleosophy, Macworld, AppleInsider, Techhive.com, MacRumors, 9to5Google, iThinkDifferent, WRAL TechWire, The Streamable, iMore, and Cord Cutters News
Tweets: @drbarnard, @aaronvegh, @reckless, @stopsatgreen, and @reckless
| Sebastian Sinclair / Blockworks: |
FTX launches crypto exchange services in Australia, including crypto derivatives and spot market offerings; FTX Australia will be headquartered in Sydney — FTX is hoping to get ahead of the regulatory curve by appeasing policymakers and working “proactively” with regulators| Yueqi Yang / Bloomberg: |
Goldman Sachs executes its first over-the-counter crypto options trade; partner Galaxy Digital calls the move the first such transaction by a major US bank — Goldman Sachs Group Inc. executed its first over-the-counter crypto options trade, a further step in its expansion of digital-asset offerings to Wall Street investors.| Financial Times: |
ASML CEO Peter Wennink says chipmakers' expansion plans will be constrained by a shortage of the company's critical lithography machines over the next two years — Intel admits expansion to be restricted as it works with ASML to boost capacity — Chipmakers' multibillion-dollar expansion plans …
More:
Tom's Hardware, 9to5Mac, TechSpot, and Benzinga
| Kyle Wiggers / VentureBeat: |
Ramp, which helps companies automate expense reporting, raises $200M in equity and $550M in debt at an $8.1B post-money valuation led by Founders Fund — Businesses of a certain size have to contend with challenges around T&E (travel and expenses), an abbreviation for a category of expenses … | Reuters: |
A Moscow court finds Meta guilty of “extremist activity”, applying the decision to the already-banned Facebook and Instagram; WhatsApp remains unaffected — A Moscow court on Monday labelled Meta Platforms Inc (FB.O) an “extremist organisation”, but said the decision would not apply …
More:
NBC News, NPR, The Verge, Protocol, The Hill, BuzzFeed News, Protocol, Insider, The Economic Times, Bloomberg, cybernews.com, Russia's War on Democracy, Interfax, and Reuters
| Christine Hall / TechCrunch: |
CommerceIQ, which develops management tools for brands to automate e-commerce tasks, raises a $115M Series D led by SoftBank Vision 2 at a $1B+ — When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began …
More:
Entrackr, The Economic Times, and Tech in Asia
| Heather Somerville / Wall Street Journal: |
Ukrainian tech startups are mapping escape routes for refugees, finding them rides, shelter, and food, and paying their workers to fight with the army — Tech leaders with operations in Ukraine are mapping escape routes and paying workers to fight with the army; ‘our plan is winning this war’
Tweets: @heathersomervil and @wsj
| Miriam Gottfried / Wall Street Journal: |
Thoma Bravo strikes a deal to acquire Anaplan for $10.7B or $66 per share; the cloud-based business planning software maker's stock closed at $50.59 on Friday — Anaplan shareholders are to receive $66 a share in cash — Private-equity firm Thoma Bravo LP has struck a deal to buy Anaplan Inc …
More:
TechCrunch, TechCrunch, Protocol, CRN, Axios, CIO.com, Financial Times, SiliconANGLE, and Reuters
Tweets: @wsjmarkets, @danprimack, @jimcramer, @buccocapital, and @tanayj
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