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February 19, 2022, 1:05 AM
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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 …
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Washington Post, PCI Predator Catchers Indianapolis, NGOGO ZONE, The Post Millennial, Benzinga, KATV-TV, Inven Global, Futurism, The National Pulse, Niche Gamer, EMEA Tribune …, The Daily Beast, Logical Thought Process, 9GAG, and De-Framing Media
Tweets: @mrandyngo, @willoremus, @ekp, @mat, @mrandyngo, @michellemalkin, @anopensecret, @keybored3, @mrandyngo, @timcast, @mrandyngo, @stillgray, @moonalice, @mrandyngo, @mixtatiq, @libsoftiktok, @triketora, @saraashleyo, @sohrabahmari, @willoremus, @mattrosoff, @notconvincing, @novopublius, and @falconofstorms
| 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
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The Verge, Protocol, and San Francisco Business Journal
Tweets: @sub8u, @mhbergen, @aaschapiro, @bmorrissey, @neerajka, and @bigblackjacobin
| 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 …
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Bloomberg and Civilization
| 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.| 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 …
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Ars Technica, Engadget, Protocol, Gizmodo, The Hill, and CNET
Tweets: @ryanmaue, @washingtonpost, @cat_zakrzewski, @watchdogdiva, and @reprokhanna
| 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
| Mary Ann Azevedo / TechCrunch: |
Sources: Better.com is preparing for layoffs that could affect as much as 40% to 50% of staff, as more senior executives depart including its finance VP — Things are getting worse at Better. — More executives have resigned from Better.com nearly three months after the online mortgage … | Nicole Wetsman / The Verge: |
A look at Lyft and Uber's foray into the est. $3B non-emergency medical transportation business, where everyday drivers take patients to and from appointments — Within the first week that Austin Correll was driving for Lyft in the fall of 2021, he was sent to pick up passengers at an address that turned out to be for a hospital.
Tweets: @johnlegere
| Christine Hall / TechCrunch: |
Kubecost, whose open source tools helps businesses monitor, manage, and optimize Kubernetes spend at scale, raises a $25M Series A led by Coatue Management — In the past year, Kubernetes adoption exploded, with over 5.6 million developers using the cloud-native tools — an increase of 67% from the year prior.| Christine Hall / TechCrunch: |
Convictional, which offers a one-stop shop for retailers to source, onboard, integrate, and trade with suppliers, raises a $40M Series B led by YC Continuity — Retailers have traditionally onboarded their drop-ship, marketplace and wholesale suppliers using electronic data interchange …
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Forbes, FinSMEs, PR Newswire, and PYMNTS.com
| Andy Bounds / Financial Times: |
The EU files a WTO case against China, alleging Chinese courts lowered global tech licensing fees, leading to billions in losses for Ericsson, Nokia, and others — Legal challenge at WTO alleges patent infringements are costing European manufacturers billions of euros
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CNET, Reuters, European Commission, and PYMNTS.com
| 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
| Wall Street Journal: |
How advertisers are dealing with Meta's 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.
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PhoneArena, Light Reading, MacDailyNews, and Cardinal Trading
Tweets: @eric_seufert, @clusterkuss, @anthony, @carnage4life, @drbarnard, @jason_kint, @reaganbrad, @pofint2112, @drbarnard, @jason_kint, @drbarnard, @jamesvgrimaldi, @samfbiddle, @nw3, @jason_kint, @carlquintanilla, @drbarnard, @jason_kint, @drbarnard, @profcarroll, @jason_kint, @pofint2112, @venkatananth, @asharma, @eric_seufert, @carnage4life, and @carnage4life
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