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April 7, 2022, 2:05 PM
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Paul Vigna / Wall Street Journal:
One-click checkout service Bolt acquires crypto payments startup Wyre, sources say for around $1.5B, which would make it the largest non-SPAC crypto merger yet  —  Deal extends crypto's hot M&A market following record deal activity in 2021  —  Bolt Financial Inc., a payments-focused financial …
Manish Singh / TechCrunch:
Coinbase adds support for the popular UPI payment method in India, making the cryptocurrency exchange functional in the world's second-largest internet market  —  Coinbase is adding support for the popular UPI payment instrument in India, making its eponymous cryptocurrency exchange functional …
Manish Singh / TechCrunch:
India's payments body refuses to acknowledge Coinbase's India launch, saying it is not aware of any cryptocurrency exchange using the UPI payments instrument  —  The National Payments Corporation of India, the governing body that oversees UPI in the country, said in a statement on Thursday evening …
More: CoinDesk.  Tweets: @refsrc
CoinDesk:
US Treasury Secretary Janet Yellen gives her first speech on digital assets, saying a CBDC “would require years of development, not months”, and more  —  The U.S. official addressed CBDCs, stablecoins and regulations.  —  A digital dollar could become a “trusted money comparable …
Abner Li / 9to5Google:
Google releases “multisearch” for Lens, letting users ask questions about photos and screenshots, in beta for US users in English on Android and iOS  —  One of the most interesting announcements at Google's Search-focused keynote in September was a big upgrade to Lens that lets you take a photo and ask questions about it.
Alyse Stanley / Washington Post:
Epic Games and Lego partner to “shape the future of the metaverse” by building a digital experience where children can play safely online, but offer few details  —  Epic Games has already outlined ambitious plans for the metaverse and Thursday the “Fortnite” maker announced it intends to build part of it with Legos.
Jay Peters / The Verge:
Activision Blizzard will make all of its 1,100 temporary and contingent QA workers full-time employees starting July 1 and will raise minimum hourly rate to $20  —  Nearly 1,100 temp game testers are getting full-time jobs with benefits  —  Activision Blizzard has just announced …
Andrew Hayward / Decrypt:
OpenSea adds Solana NFT trading support in beta with limited coverage of just 165 collections; a marketplace search shows 865K NFTs minted on Solana  —  At long last, Solana support is finally live on OpenSea—in beta mode.  —  In brief  — Solana NFTs have been added to OpenSea, the largest overall NFT marketplace.
Nitasha Tiku / Washington Post:
Gwyneth Paltrow, Mila Kunis, and other celebrities are pushing women to invest in NFTs, which critics say is a self-serving feminism centered on white women  —  Gwyneth Paltrow and Mila Kunis joined a Zoom in January to encourage 5,000 women in the audience to break into the male-dominated world of crypto.
Naomi Nix / Washington Post:
Meta disrupts covert influence operations by Belarus- and Russia-linked actors targeting Ukrainians, like hacking Ukrainian military staff's Facebook accounts  —  Facebook said Thursday it disrupted several covert influence operations targeting Ukrainians, as the company has intensified …
Hannah Murphy / Financial Times:
Sources: Meta has drawn up plans to add “social tokens”, lending services, and a non-blockchain virtual currency that employees dubbed “Zuck Bucks” to its apps  —  Meta has drawn up plans to introduce virtual coins, tokens and lending services to its apps …
Jonathan Stempel / Reuters:
Warren Buffett's Berkshire Hathaway discloses the purchase of nearly 121M shares of HP, worth ~$4.2B, for an 11.4% stake; HP's stock is up 15%+  —  Berkshire Hathaway Inc (BRKa.N) disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc (HPQ.N), the latest in a series …
Ingrid Lunden / TechCrunch:
OpenPhone, which provides SMBs with a business phone line through its mobile app, raises a $40M Series B led by Tiger Global, bringing its total funding to $56M  —  Pam answering the phone at Dunder Mifflin become one of the most iconic refrains of life at The Office, and it's really no wonder that it did …
More: FinSMEs
Sarah Perez / TechCrunch:
Google plans to hide and block Play Store apps that don't target an Android API within two years of the latest major Android release, starting on November 1  —  Google is preparing to clear its Play Store of outdated apps.  The company warned Android app developers that starting on November 1 …
Song Jung-a / Financial Times:
Samsung expects Q1 operating profit to rise 50% YoY to $11.6B, the highest since 2018, and revenue to rise 18% YoY to $63B on strong smartphone and chip sales  —  South Korean group's strong sales undercut by performance concerns against rivals Apple and TSMC
Audrey An / The Keyword:
Google will roll out Privacy Guide, a guided tour of privacy and security settings in Chrome, to all desktop users on version 100 or above in the coming weeks  —  Product Manager, Chrome at Google Safety Engineering Center Munich  —  Your browser plays a big role in your online experience — including protecting your privacy.
Matt Burgess / Wired:
New data-sharing proposals in Europe push for the expansion of facial recognition and to allow police forces across the EU to link their photo databases  —  Lawmakers advance proposals to let police forces across the EU link their photo databases—which include millions of pictures of people's faces.
Joseph Menn / Washington Post:
Mandiant and CrowdStrike partner to help customers investigate and mitigate threats; Mandiant will begin deploying CrowdStrike's tools  —  Two of the most prominent U.S. cybersecurity companies have struck a deal to work more closely together, extending a trend of cooperation among companies …

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From Mediagazer

New York Times:
WaPo begins widespread layoffs, cutting into international coverage and more; sources: it is laying off 30% of its employees, including 300+ of 800 journalists

Todd Spangler / Variety:
Ex-WaPo Executive Editor Marty Baron says “this ranks among the darkest days in the history of” the paper; WaPo laid off Amazon beat reporter Caroline O'Donovan

Mark Stenberg / Adweek:
Outside Interactive, formerly Outside Media, which pivoted from ads to a recurring revenue model, reports 2025 revenue up 23% YoY to $125M and its first profit

More News

New York Times:
Biden appears to show support for Amazon workers who unionized in Staten Island, saying in a speech: “By the way, Amazon, here we come. Watch”
Foreign Affairs:
Russia's cyberattacks on government, military, logistics, and critical infrastructure have been its biggest military success to date in the war in Ukraine

Earlier Picks

Wall Street Journal:
Sources: the SEC is investigating how Amazon disclosed its use of third-party seller data for its business; source: the probe has been under way for over a year
Washington Post:
Apple restores the “Smart Voting” app run by Kremlin critic Alexei Navalny's supporters in Russia; Apple removed the app after the Kremlin threatened its execs
Casey Newton / Platformer:
Twitter CEO Parag Agrawal may struggle to balance his own vision against that of Elon Musk, an unpredictable board member with a much louder megaphone
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