| WABetaInfo: |
WhatsApp begins a limited test of Meta's Novi digital wallet in the US, letting users send and receive USDP within a chat — Today, WhatsApp is finally announcing a small pilot program to some people in the US, that can finally use the Novi digital wallet within WhatsApp!| Alex Heath / The Verge: |
Meta opens its VR social platform Horizon Worlds to all adult users in the US and Canada, after announcing a private beta in September 2019 — Facebook's first stab at the metaverse is Roblox meets the OASIS — More than two years and a company rebrand later, Meta is finally opening … | Jonathan Bell / Wallpaper*: |
A look at the working processes at Apple's design team, led by VP of industrial design Evans Hankey and VP of human interface design Alan Dye — Global exclusive! Led by Evans Hankey and Alan Dye, the Apple Design Team holds enormous sway over our evolving relationship with technology.| Politico: |
Italy's competition authority fines Amazon €1.13B for abusing its market position and harming competitors in e-commerce logistics; Amazon plans to appeal — Italy's competition authority announced Thursday it was slapping a €1.13 billion fine on Amazon for abusing its dominant position … | Sean Hollister / The Verge: |
Epic v. Apple emails show Microsoft offered to bring triple-A, Xbox-exclusive games to iOS if Apple let its xCloud game streaming service into the App Store — Remember when Apple pretended like it would let cloud gaming services like Microsoft xCloud and Google Stadia into the App Store … | Angel Au-Yeung / Forbes: |
Cher Scarlett, a leader of #AppleToo, says she is no longer withdrawing her NLRB complaint against Apple after it failed to execute a settlement in good faith — Former Apple engineer Cher Scarlett is no longer withdrawing her complaint with the National Labor Relation Board alleging … | Bloomberg: |
Sources: as Ben Horowitz and Marc Andreessen buy Las Vegas properties, they are less involved in a16z's daily operations and are on fewer corporate boards — Recently, the Bay Area-based venture capitalist Ben Horowitz took part in a popular pandemic-era pastime: updating the location on his LinkedIn profile.| Eli Tan / CoinDesk: |
Palm, which helps companies and brands create NFT projects, raises a $27M Series B led by Microsoft's M12 — Microsoft's venture arm is leading a $27 million bet on NFT studio Palm. — The funding will be used primarily to scale the company's operations with a slew of new hires, a representative of the studio told CoinDesk.| MacRumors: |
Kuo: Apple's AR headset will include four sets of 3D sensors to offer a user interface with hand gesture controls and object detection — Apple's long rumored AR headset is predicted to include multiple highly sensitive 3D sensing modules in order to offer an innovative hand gesture … | Bloomberg: |
Coinbase launches a DeFi yield product for non-US customers in over 70 countries, after US regulators effectively killed plans for its Lend program in September — - U.S. regulators effectively shut down Lend program earlier — Holdings to be deposited into the Compound Finance protocol| Jordan Novet / CNBC: |
Oracle beats in Q2 with revenue of $10.36B, vs. $10.21B expected and up 6% YoY, cloud services and license support revenue of $7.55B, up 6% YoY; stock up 10%+ — - Oracle beat expectations on the top and bottom lines, and quarterly guidance met consensus. — The software and hardware … | Moustafa Ayad / Wired: |
Research by the Institute for Strategic Dialogue has revealed the rise of “alt-jihadists” on social media, including their use of Facebook and Instagram — The playbook of the “alt-right” is guiding a new generation of fringe jihadists, showing just how complicated extremism is about to become online.| Jordan Novet / CNBC: |
HashiCorp closes up 6.49% in its Nasdaq debut, after raising $1.2B in its IPO at a $14B valuation — - Shares of HashiCorp debuted on the Nasdaq on Wednesday under the symbol “HCP.” — HashiCorp software helps engineers set up computing infrastructure in public clouds and on-premises data centers,| New York Times: |
EU Commission proposes rules to turn gig workers into employees, affecting up to 4.1M workers; the EU estimates 28M work via digital labor platforms in the bloc — A proposal with widespread political support would entitle drivers and couriers for companies like Uber to a minimum wage and legal protections.| Elizabeth M. Renieris / CIGI: |
A look at Cardano, a controversial blockchain project led by Ethereum cofounder Charles Hoskinson that aims to build a national ID system for Ethiopia — There are countless examples of the dangers posed by national ID schemes, including from Kenya, Uganda, Pakistan, India and elsewhere.| Frank Chaparro / The Block: |
Crypto derivates market Paradigm, which focuses on large trades, raises a $35M Series A at a $400M valuation led by Jump Capital and Alameda Research — Quick Take — Paradigm is raising $35 million in a fundraise led by Jump Capital and Alameda Research.| Manish Singh / TechCrunch: |
Tim Berners-Lee's Inrupt, which aims to build a platform to give users control of their data, raises a $30M Series A led by Forte Ventures — Tim Berners-Lee's startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said.| Coco Feng / South China Morning Post: |
Reports suggest large Chinese tech companies like ByteDance, Kuaishou, and iQiyi are laying off more staff than usual, amid regulatory pressure and competition — Companies are reportedly laying off more employees than usual for this time of year, setting off “panic among a lot of people” … | Bloomberg: |
Gov. Ron DeSantis says Florida will explore letting businesses pay state fees in cryptocurrencies and using blockchain for Medicaid payments and vehicle titles — - Blockchain tech mulled for vehicle titles, Medicaid payments — State needs to be ‘crypto-friendly,’ Governor DeSantis says| Cat Zakrzewski / Washington Post: |
In a letter, Sen. Warren asks the US DOJ and SEC to investigate whether Meta executives knew the company inflated a key metric measuring an ad's potential reach — Sen. Elizabeth Warren sent a letter to the DOJ and SEC, after Sen. Maria Cantwell sent a letter to the FTC| C-SPAN.org: |
Video of Adam Mosseri's testimony before a Senate Commerce subcommittee examining Instagram's negative effects on teen mental health — Instagram CEO testifies on impact of platform on young users before a Senate Commerce subcommittee.| Andrew Thurman / CoinDesk: |
SushiSwap CTO Joseph Delong resigns after reports of project infighting and a 50% drop in the token's price over the past month — Amid a plummeting token price and rumors of infighting, Sushi CTO Joseph Delong announced on Wednesday that he is stepping away from the project “effective immediately.”| Will Douglas Heaven / MIT Technology Review: |
DeepMind claims its language model RETRO matches the performance of neural networks 25 times its size, cutting the time and cost to train large language models — RETRO uses an external memory to look up passages of text on the fly, avoiding some of the costs of training a vast neural network| Ivan Levingston / Bloomberg: |
SellerX, which buys and grows businesses on Amazon's marketplace, raises $500M in debt and equity at a $1B+ valuation, bringing its total funding to $750M — - Debt, equity financing of $500 million co-led by Victory Park — Company will use funds to buy up e-commerce brands on Amazon| Mayank Parmar / BleepingComputer: |
Amazon says it will shut down its global website ranking system Alexa.com on May 1, 2022, after 26 years of operation — Amazon announced on Wednesday plans to shut down its global website ranking system and competitor analysis tool “Alexa.com”, which has been available for 25 years.| Anna Heim / TechCrunch: |
Corporate spend and cash management startup Rho raises a $75M Series B led by Dragoneer, bringing its total funding to $205M in equity and debt — Corporate spend and cash management company Rho today announced that it has raised a $75 million Series B funding round led by Dragoneer Investment Group.
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