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February 18, 2022, 8:00 PM
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memeorandum
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| Ingrid Lunden / TechCrunch: |
Meta says a global community development head, who spoke about inappropriate communications with a 13 year old in a viral sting video, is no longer an employee — Meta, the parent company of Facebook, has confirmed to TechCrunch that Jeren A. Miles, who had been a manager of global community development … | Avi Asher-Schapiro / Thomson Reuters Foundation News: |
Internal documents: 400+ Salesforce employees signed an open letter objecting to its NFT plans, including helping other companies create and sell NFTs — After Salesforce announced a foray into the NFT market, hundreds of workers revolted, raising environmental and fraud concerns
More:
Protocol, San Francisco Business Journal, and The Verge
Tweets: @mhbergen, @aaschapiro, and @bmorrissey
| Berber Jin / The Information: |
Source: Tiger Global told investors earlier this month that it will no longer focus on large, late-stage startups preparing to go public — Responding to a steep sell-off in technology stocks, some hedge funds and other investment firms with large public stock portfolios have been turning away …
Tweets: @jessicalessin, @cityofthetown, @berber_jin1, @carnage4life, @lesamitchell, @refsrc, @jessicalessin, and @amir
| Jeran Wittenstein / Bloomberg: |
Meta drops out of the top 10 most valuable companies globally, dropping five places since September 2021 as its market value declined by $513B to $565B — Meta Platforms Inc. has tumbled out of the world's 10 largest companies by market value, hammered by its worst monthly stock decline ever.
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Bloomberg, New York Magazine, New York Post, Gizmodo, Silicon Valley Business …, KnowTechie, Insider, and Stillwater's Wall Street …
Tweets: @business, @bidonkules, @destinlegarie, @joshsternberg, @joshtpm, and @newsynick
| Cat Zakrzewski / Washington Post: |
Whistleblower Aid, representing Frances Haugen, files two SEC complaints claiming Meta misled investors about its work to fight misinfo on COVID-19 and climate — A pair of new whistleblower complaints filed the with the Securities and Exchange Commission in February allege Facebook misled investors …
More:
Ars Technica, Engadget, Gizmodo, Protocol, CNET, and The Hill
Tweets: @reprokhanna, @ryanmaue, @washingtonpost, @cat_zakrzewski, and @watchdogdiva
| Ryan Broderick / Garbage Day: |
A look at the decline of MySpace, which flailed around for over a year as it was overtaken by Facebook, and parallels with Meta as TikTok surges — Read to the end for the anti-NFT anthem — I want to open today's email with an apology!! I wrote about the map-based Wordle game Worldle on Monday and I …
More:
Bloomberg and Civilization
| Reed Albergotti / Washington Post: |
Sources: some US Apple Store employees are working to unionize, with groups in at least two stores preparing to file paperwork with the NLRB in the near future — Employees at several Apple Stores across the country are quietly working to unionize, according to people familiar with the efforts …
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Gizmodo, Engadget, 9to5Mac, Appleosophy, Daily Mail, Latest - Truthout, MacRumors, AppleInsider, Philip Elmer‑DeWitt, iThinkDifferent, MacDailyNews, iPhone in Canada Blog, New York Post, Protocol, iMore, The Mac Observer, CNET, International Business Times, Cult of Mac, Reuters, and AppleTrack
Tweets: @mqsullivan, @washingtonpost, @gregjaffe, @henryfarrell, @washingtonpost, @jannekeparrish, and @cherthedev
| Dan Primack / Axios: |
Source: Helium, a decentralized network of 500K+ cryptocurrency-mining hotspots that offer free p2p networking, raises a $200M Series D at a $1.2B valuation — The existential question of crypto “utility” continues to roil the tech community, pitting some Web 2.0 icons against their web3 cousins.
More:
Silicon Valley Business …, SiliconANGLE, and The Block
| Andrew Cunningham / Ars Technica: |
Windows 11 Pro's initial setup phase will require a Microsoft Account and an internet connection, like for Windows 11 Home — It's one of the new build's smaller changes—but also one of the most annoying. — Now that Windows 11's first major post-release update has been issued …
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Windows Blog, The Verge, Tom's Guide, HotHardware.com News, Windows Central, Thurrott, Gizmodo, iPhone in Canada Blog, Pocketnow, ZDNet, WinBuzzer, TechRadar, XDA Developers, The Register, Tom's Guide, TechSpot, Pureinfotech, PCMag, BGR, MSPoweruser, BetaNews, Neowin, Petri IT Knowledgebase, gHacks Technology News, TechRadar, HotHardware.com News, iPhone in Canada Blog, Tom's Guide, MUO, OnMSFT.com, Dot Esports, BigTechWire, Softpedia News, Liliputing, Slashdot, and PC Gamer
Tweets: @theprofosist, @liliputingnews, @jondoyledesign, and @mosenatlarge
| James Hibberd / The Hollywood Reporter: |
Netflix announces four comedy specials to be hosted and produced by Dave Chappelle; the comedian's last special led to Netflix employee protests — The controversial comic will host and produce four comedy specials focusing on other veteran comedians.| Wall Street Journal: |
How advertisers are dealing with Facebook ad price increases prompted by Apple's ATT changes, with some shifting their ad budgets to Google, Amazon, and TikTok — Privacy features prompt e-commerce businesses to slash ad spending; ‘Apple has changed the game’ — Facebook was long one of the surest bets in digital advertising.
More:
PhoneArena, Light Reading, MacDailyNews, Cardinal Trading, and Barron's Online
| Kirsten Grind / Wall Street Journal: |
Sources: federal and state regulators have widened their investigation into how Activision Blizzard CEO and its board handled workplace misconduct allegations — SEC subpoenas more current and former executives; California agency seeks additional information on CEO Bobby Kotick and board's handling of workplace misconduct allegations
More:
CNBC, Wccftech, dot.LA, GamingBolt, Video Games Chronicle, Hit Points, GamesIndustry.biz, Kotaku, Blue's News, and Game Developer. Tweets: @benfritz
| Parmy Olson / Bloomberg: |
Nick Clegg's promotion reduces Mark Zuckerberg's responsibility for tackling uncomfortable policy issues and obscures his enduring grip over voting shares — Facebook has always been good at telling a story. After a whistle-blower revealed astonishing harm caused by the company's products …
More:
Washington Post, Livemint, TheStreet, and Protocol
Tweets: @kurtwagner8, @mattnavarra, @carolecadwalla, @shiringhaffary, and @tom_watson
| Wall Street Journal: |
China asks food delivery services to cut fees for restaurants; Meituan's stock fell 15%+ to a 19-month low, wiping $26B off its market value, now at ~$148B — Shares of online delivery giant Meituan slide to a 19-month low — Chinese authorities on Friday said the country's online food-delivery platforms … | Dr. Ian Cutress / AnandTech: |
Intel Xeon roadmap: Emerald Rapids, based on Intel 7 process, coming in 2023, Granite Rapids and new Efficient-core Sierra Forest in 2024, both built on Intel 3 — It's no secret that Intel's enterprise processor platform has been stretched in recent generations.
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Intel, Intel, Tom's Hardware, PC Gamer, DCD, TechRadar, CNBC, Windows Central, Tech Advisor, PCMag, SemiAnalysis, Club386, HPCwire, The Next Platform, and ZDNet
| Chaim Gartenberg / The Verge: |
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