| Mark Gurman / Bloomberg: |
Sources: Apple executives previewed the upcoming mixed reality headset to the company's board last week; Apple ramped up reality OS development in recent weeks — Apple Inc. executives previewed its upcoming mixed-reality headset to the company's board last week, indicating that development … | Bloomberg: |
Sources: at an all-hands, Twitter's top lawyer Vijaya Gadde said there is “no such thing as a deal being on hold” and execs said Musk's deal is moving forward — Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk … | Twitter: |
Twitter announces a crisis misinformation policy, including adding a warning to highly visible tweets with misleading information and disabling engagement — Around the world, people use Twitter to find reliable information in real time. During periods of crisis - such as situations of armed conflict … | Joseph Cox / VICE: |
In a policy shift, the US Department of Justice plans to stop prosecuting good-faith security research that would have violated the Computer Fraud and Abuse Act — The new policy addresses decades of uncertainty around the law and security research. — Joseph Cox| Keach Hagey / Wall Street Journal: |
A new bipartisan Senate bill would prohibit companies with $20B+ in annual digital ad transactions from participating in more than one part of the ad ecosystem — Legislation, which has some Democratic support, takes aim at conflicts of interest in the advertising technology industry| Dan Goodin / Ars Technica: |
The CISA orders US federal civilian agencies to patch or remove VMware products with a remote code execution vulnerability that hackers are actively exploiting — Security flaws in VMware and F5's BIG-IP are being exploited by malicious hackers. — Malicious hackers, some believed to be state-backed … | Emily Nicolle / Bloomberg: |
Tether's accounting firm says Tether holds $20.1B in commercial paper, down 17% QoQ; Tether had $82.4B+ in total assets on March 31 and $82.2B in liabilities — Tether, the operator of the world's most used cryptocurrency, said it had reduced the amount of commercial paper in the reserve backing … | Manish Singh / TechCrunch: |
In a letter to portfolio founders, Y Combinator advises to “plan for the worst” by cutting expenses and focusing on extending runways amid the economic downturn — Y Combinator, a Silicon Valley kingmaker, is advising its portfolio founders to “plan for the worst” … | Jacob Kastrenakes / The Verge: |
Fastly acquires Glitch, the web coding service formerly called Fog Creek Software; Glitch CEO Anil Dash will join Fastly as its VP of developer experience — The coding platform will continue under the new owner — Fastly, a major provider of cloud services, announced today that it's acquiring Glitch … | David Pierce / The Verge: |
Framework refreshes its 13.5" modular Framework Laptop with 12th Gen Intel CPUs, starting at $1,049 in July; owners can upgrade existing laptops with a $538 kit — A new laptop that fits inside your old laptop — A little more than a year after announcing the first version of its ultra-repairable … | Frank Chaparro / The Block: |
FTX.US launches FTX Stocks, offering zero-commission stock trading of US-listed companies and ETFs, rolling out to the FTX.US Pro app over the coming months — - The news comes shortly after Sam Bankman-Fried's acquisition of a 7.6% stake in retail trading giant Robinhood.| Sarah Perez / TechCrunch: |
Meta launches its free WhatsApp Cloud API, aimed at SMBs, to all businesses worldwide, and announces paid features for its WhatsApp Business app coming later — WhatsApp is continuing its push into the business market with today's news it's launching the WhatsApp Cloud API to all businesses worldwide.| Henry Grabar / Slate: |
As Uber starts to cut costs, having lost $30B+ in five-odd years, a look at the impact of subsidized rides on cities, the decline in public transit, and more — Recently I was talking with an executive who used to work in car-sharing—the wave of companies, led by Zipcar and car2go … | Dean Takahashi / VentureBeat: |
An interview with a16z's Jonathan Lai on Games Fund One, the VC firm's new $600M fund for games that will invest in studios, infrastructure, and consumer apps — Andreessen Horowitz has raised a $600 million fund to invest in games. The storied venture capital firm is already a big investor in games … | Washington Post: |
Republicans, who opposed common carrier status for ISPs during the net neutrality debate, are now calling for the status to be applied to social media platforms — Happy Thursday! I know, I know, going to law school probably would've helped writing today's newsletter.| Jan Hoffman / New York Times: |
As US drug overdoses soar, Facebook, Twitter, Snapchat, Pinterest, TikTok, Discord, and Telegram are a quick and easy conduit for illicit prescription drugs — The soaring drug fatalities in the U.S. are being fueled partly by fentanyl-tainted pills bought by teenagers and young adults on Snapchat … | Reuters: |
Sources: TikTok is testing in-app games in Vietnam as part of a push into gaming; TikTok says it has tested HTML5 games in partnership with Zynga and others — TikTok has been conducting tests so users can play games on its video-sharing app in Vietnam, part of plans for a major push into gaming … | Kim Velsey / Curbed: |
AirDNA, Inside Airbnb, and Douglas Elliman data: NYC has ~3K to ~13K more Airbnb listings than rental apartments despite Airbnb listings falling in the pandemic — The fever isn't breaking. There are now bidding wars for one in every five Manhattan rental apartments (and one in three luxury units) … | Ingrid Lunden / TechCrunch: |
Stripe launches Data Pipeline, letting its US customers link Stripe transactions data and their data stores in Amazon Redshift or Snowflake's Data Cloud — Stripe — the payments giant valued at $95 billion — is on a product sprint to expand its services and functionality beyond … | Financial Times: |
Chinese citizens angered by Shanghai's ongoing lockdowns are evading censorship of a viral post and video criticizing the government by minting them into NFTs — Growing popularity of decentralised ledger technology presents fresh challenge for country's censors
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| Sarah Perez / TechCrunch: |
| Alex Heath / The Verge: |
| Emma Roth / The Verge: |
| Manish Singh / TechCrunch: |
| Lauren Feiner / CNBC: |