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April 7, 2022, 4:04 AM
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memeorandum
WeSmirchTop News
| 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 …
More:
The Verge, Cointelegraph, Micky, CoinGape, Mashable, TheStreet, Decrypt, Telegraph, Social Media Today, PYMNTS.com, Benzinga, and CoinDesk
| Wall Street Journal: |
Google Play removes dozens of Android apps, including Muslim prayer apps with 10M+ downloads, after researchers find malware tied to a US defense contractor — Code placed in consumer-facing apps is tied to U.S. national-security contractors, documents show
More:
The AppCensus Blog, Fossbytes, Gizmodo, CNET, KnowTechie, Forbes, Protocol, Android Authority, SiliconANGLE, PYMNTS.com, XDA Developers, and 9to5Google
Tweets: @appcensusinc, @baldingsworld, @appcensusinc, @edwardnh, @appcensusinc, @cremnob, @dnvolz, @justinhendrix, and @thezedwards
| Wall Street Journal: |
Sources: online fast fashion retailer Shein raised between $1B and $2B in a round closed last week, valuing it at $100B; Shein was valued at ~$15B in 2020 — China-based fast-fashion seller now worth more than H&M and Zara combined — Fast-fashion retailer Shein was valued at $100 billion …
More:
Bloomberg
| Zack Whittaker / TechCrunch: |
In a court-authorized March operation, the FBI cut off the servers of the Cyclops Blink botnet, tied to Russia's Sandworm, from Asus and WatchGuard routers — The Federal Bureau of Investigation has disclosed it carried out an operation in March to target a massive botnet controlled by Russian intelligence.
Source:
U.S. Department of Justice and Slashdot. More:
New York Times, Ars Technica, Ars Technica, BleepingComputer, Security Affairs, VICE, The Record, The Register, and ZDNet
Tweets: @zackwhittaker, @zackwhittaker, @malwaretechblog, @profwoodward, @zackwhittaker, @ericgarland, @campuscodi, and @b_judah
| Adi Robertson / The Verge: |
OpenAI releases DALL-E 2, a higher-resolution and lower-latency version of its text-to-image generation program with new capabilities, to researchers in preview — Researchers can sign up to preview it — Artificial intelligence research group OpenAI has created a new version of DALL-E, its text-to-image generation program.
More:
OpenAI, The Register, New York Times, Fortune, PetaPixel, PCMag, SiliconANGLE, and MobileSyrup
Tweets: @openai, @sama, @sama, @charlesweill, @karpathy, @gdb, @waxpancake, @anderssandberg, @waxpancake, @spencerdailey, @mikaelthalen, @jackbutcher, @waxpancake, @iron_spike, @lpolovets, @waxpancake, @andreasklinger, @ak92501, @maddiesimens, @spakhm, and @jordnb. Thanks:@eliegnews
| Ingrid Lunden / TechCrunch: |
Nord Security, the Lithuania-based startup behind NordVPN, raises $100M, its first ever funding, at a $1.6B valuation led by Novator Ventures — VPN usage has surged in the last several years, with growing concerns over data privacy and security — and sometimes completely different motivations …
More:
cybernews.com, SiliconANGLE, CNBC, and Tech.eu
| 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.
Tweets: @wiredscience
| Jay Peters / The Verge: |
Meta won't hold its F8 developer conference in 2022, instead holding Conversations, a “business messaging event” on May 19, and an AR/VR event “later this year” — Meta is pausing the event in 2022 — Meta won't be holding its F8 developer conference in 2022, the company announced Wednesday.
More:
Meta for Developers, TechSpot, Adweek, Social Media Today, iPhone in Canada Blog, Variety, ZDNet, Bloomberg, TechCrunch, and Engadget
Tweets: @brianroemmele and @tcpeter
| Nikhilesh De / CoinDesk: |
Senator Patrick Toomey introduces a bill to regulate stablecoins, including defining a “payment stablecoin”, creating a license for issuers, and more — The Stablecoin TRUST Act would give stablecoin issuers a variety of regulatory regimes to abide by, but enforce disclosure and redemption requirements.
More:
The Block, PYMNTS.com, Decrypt, American Banker, Blockworks, and Cointelegraph
| 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 — Task #1: undermine CEO, consolidate power — Today, let's talk about what Elon Musk means for the future of Twitter.
More:
Slate, MSPoweruser, Search Engine Journal, and Insider
Tweets: @paraga, @paraga, @jack, @lulumeservey, @elonmusk, @antoniogm, @adamsinger, @mikeisaac, @esqueer_, @pulte, @lukeobrien, @anandwrites, @mrandyngo, @antoniogm, and @antoniogm
| Jillian Ward / Bloomberg: |
More:
Washington Post, Bloomberg, Tech Advisor, Search Engine Land, PYMNTS.com, The Week, Protocol, Gamereactor UK, and Ars Technica
Tweets: @elonmusk, @paraga, @ashleygjovik, @kurtwagner8, @nycsouthpaw, @ashleygjovik, @nycsouthpaw, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @mattmfm, @jamespmcleod, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @jason_kint, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @ashleygjovik, @followtheh, @tpsarofagis, @bchappatta, @wholemarsblog, @wholemarsblog, @gardnerakayla, and @compound248
| 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 — Tech giant's use of third-party sellers' data is a focus of regulator's probe, a person familiar with the matter says| Wall Street Journal: |
Sources: banks including JPMorgan, Bank of America, and Wells Fargo are considering whether to use Zelle as a payment option to compete with Visa and Mastercard — The money-transfer service boomed amid pandemic. Some banks want to expand it to retail payments.
More:
PYMNTS.com, Protocol, and Benzinga
| Coco Liu / Bloomberg: |
JD's Richard Liu steps down as CEO, joining other Chinese tech tycoons who have exited top roles amid China's tech crackdown; President Xu Lei will take over — JD.com Inc.'s billionaire founder Richard Liu has stepped down as chief executive officer of China's No. 2 online retailer …
Source:
JD.Com, Inc.. More:
South China Morning Post, Channel NewsAsia, Forbes, Pandaily, and Tech in Asia
| 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 highest Q1 operating profit of $11.6B since 2018, up 50% YoY, and revenue of $63B, up 18% YoY on strong smartphone and microchip sales — South Korean electronics group's strong sales undercut by performance concerns against rivals Apple and TSMC
More:
TechCrunch, ZDNet, South China Morning Post, Reuters, Bloomberg, and Nikkei Asia
| Rebecca Bellan / TechCrunch: |
SmartHop, which makes an AI-powered smart dispatch service for interstate truckers, raises a $30M Series B led by Sozo Ventures — SmartHop, a startup that uses AI to help interstate truckers make their routes more efficient and lucrative by removing administrative headaches … | 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 — Apple has resumed allowing Russians to download an app run by supporters of jailed Kremlin critic Alexei Navalny …
Tweets: @dazeend and @davedrolet
| Rebecca Torrence / Fierce Healthcare: |
IntelyCare, whose app matches nurses with open shifts at post-acute care settings, raises a $115M Series C at a $1.1B valuation led by Janus Henderson Investors — Nurse staffing platform IntelyCare is now valued at $1.1 billion after landing $115 million in series C funding.
More:
hitconsultant.net, FinSMEs, and MobiHealthNews
| Jonathan Stempel / Reuters: |
Berkshire Hathaway discloses that it has purchased ~121M shares of HP Inc for a 11.4% stake worth $4.2B based on HP's closing stock price on Wednesday of $34.91 — Berkshire Hathaway Inc (BRKa.N) disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc (HPQ.N) … | Andrew Hayward / Decrypt: |
OpenSea adds Solana NFT trading support in beta; 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.| Aisha Malik / TechCrunch: |
Amazon will increase its Music Unlimited plan on Prime from $7.99/month to $8.99/month and its Single Device plan from $3.99/month to $4.99/month on May 5 — Amazon is increasing the price of its Unlimited Music subscription for Prime members, the company announced on its website.
More:
PCMag, 9to5Google, Engadget, Amazon, The Verge, Android Central, Digital Trends, The Shortcut, Thurrott, and Fox Business. Tweets: @nicholasadeleon
| 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 — After Russia invaded Ukraine, many observers initially expected cyberattacks to steal the limelight as a major instrument in Russia's arsenal.
More:
NBC News, Terry's Newsletter, Associated Press, and Wall Street Journal
Tweets: @foreignaffairs, @nicoleperlroth, @foreignaffairs, and @ridt
| 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.
More:
The Verge, Thurrott, Neowin, iPhone in Canada Blog, Tom's Guide, Liliputing, 9to5Google, TechRadar, and Droid Life
Tweets: @liliputingnews and @mattbrittin
| Vishal Chawla / The Block: |
Sky Mavis, which runs Axie Infinity, raises $150M led by Binance, with participation from Animoca, a16z, and others, to reimburse users after the Ronin hack — Sky Mavis, the creator of play-to-earn game Axie Infinity, has raised $150 million to reimburse its users who lost funds during …
More:
The Lunacian, Binance Blog, Bloomberg, SiliconANGLE, Financial Times, ZDNet, CoinJournal, Binance, Protocol, Blockworks, CoinDesk, and Reuters
Tweets: @axieinfinity, @jangles, @silvermanjacob, @axiesisters, @jonsarlin, @jonsarlin, @silvermanjacob, @cz_binance, @ulonnaya, @cagyjan1, @pt, @carnage4life, @mdudas, @mystic_scholars, @iansherr, @binance, @ronin_network, @mayazi, @mayazi, @mayazi, @kukulabanze, @icebergy_, @jihoz_axie, and @psycheout86
| David Uberti / Wall Street Journal: |
More:
The Verge and Newser
Tweets: @peckshieldalert, @alexhern, @jonsarlin, @web3isgreat, @peckshieldalert, @peckshieldalert, and @anthony
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Tweets: @tweetanor, @reckless, @alexhern, @taylorlorenz, @chrismessina, @wongmjane, @taylorlorenz, @mattnavarra, @campuscodi, @jason, @film_girl, @bradydale, @nataliesurely, @wongmjane, @crgibs, @sub8u, @qaomene, @reckless, @corintxt, @mslopatto, @sam_l_shead, @jamesrbuk, @kevinmarks, @jamesrbuk, @kevinmarks, and @martinsfp. Thanks:@kevinmarks
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Tweets: @saylor, @asvanevik, @bascule, @epro, @matvelloso, @fame21moore, @priapusiq, @wclementeiii, @cz_binance, and @bitfinexed