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May 28, 2022, 5:20 AM
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memeorandum
WeSmirchTop News
| Josh Eidelson / Bloomberg: |
The CWA withdraws its bid for a union election next week for staff at an Atlanta Apple store, citing Apple's “sophisticated campaign to intimidate” and COVID-19 — The labor group trying to organize Apple Inc. employees at an Atlanta store is withdrawing its request for an election … | Kate Conger / New York Times: |
In an April 4 letter, the SEC told Elon Musk it is probing his March purchases and disclosures of Twitter stock, and whether he was truly a “passive” investor — The regulator questioned whether the Tesla chief executive had disclosed his stake at the right time.
More:
Protocol, The Guardian, Axios, The Verge, The Register, Wall Street Journal, CNN, Washington Post, Reuters, Bloomberg, and iPhone in Canada Blog
Tweets: @johnedeaton1, @retheauditors, @danprimack, and @duty2warn
| Nivedita Balu / Reuters: |
Filing: Twitter rejects Elon Musk ally Egon Durban's resignation from the board, two days after shareholders blocked his re-election at an annual meeting — Twitter Inc (TWTR.N) said in a filing on Friday it would not accept Egon Durban's resignation from the board, after shareholders blocked …
More:
Bloomberg, Financial Times, PCMag, Social Media Today, Gizmodo, New York Post, Protocol, The Verge, Benzinga, Forbes, and CNBC. Tweets: @quinnypig
| Ben Schoon / 9to5Google: |
Report: Samsung notified its partners to cut smartphone production for the rest of 2022 and manufacture ~280M devices, down from ~310M as initially planned — Samsung is the biggest smartphone manufacturer on the planet, but it's not immune to the pressure that the entire market has been feeling.| Rest of World: |
Some people in countries with high inflation say they lost thousands in savings after investing in UST, which seemed more stable than their local currency — “I have nothing left, not even a penny.” — Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
More:
Wall Street Journal, The Verge, and Fast Company
Tweets: @srussolillo, @ben_mckenzie, @nic__carter, @mattzeitlin, @carnage4life, @silviakillings, @bitfinexed, @coryklippsten, @coloradotravis, @counternotions, @glamazonjay, @minhtngo, @dlknowles, @senwarren, @mattzeitlin, @katherinemiller, @bennetttomlin, @mark_dow, @aosipovich, @firstadopter, @migueldeicaza, @yeezuscapital, @leomschwartz, @luciacholakian, @leomschwartz, @apartovi, @restofworld, and @toluogunlesi
| Sergiu Gatlan / BleepingComputer: |
Microsoft researchers find high severity vulnerabilities in mce Systems' framework used by Android apps from carriers including AT&T, Telus, Rogers, and Bell — Microsoft security researchers have found high severity vulnerabilities in a framework used by Android apps from multiple large international mobile service providers.
More:
Microsoft Security Blog, The Hacker News, Security Affairs, and SecurityWeek. Tweets: @dennisf
| Michelle Ma / Protocol: |
Layoffs.fyi data: 60 tech companies cut 16,000+ jobs in May 2022; Microsoft, Nvidia, Lyft, Snap, Uber, Coinbase, Salesforce, Meta, and Twitter slowed hiring — What goes up must come down. — High-flying startups with record valuations, huge hiring goals and ambitious expansion plans … | Kashmir Hill / New York Times: |
Proctoring software like Honorlock that track students' movements during online exams to prevent cheating are criticized for allegedly flagging normal behavior — An unsettling glimpse at the digitization of education. — Give this article- - - Read in app
Tweets: @zeynep, @random_walker, @nytimestech, @evanselinger, @autumm, @hypervisible, @dealbook, @nytimesbusiness, and @nytimestech
| Christine Hall / TechCrunch: |
Argentina-based ClicOH, which lets sellers across Latin America track shipments in real time via its dashboard, raises a $25M Series A led by Tiger Global — E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years … | Kashmir Hill / New York Times: |
A look at PimEyes, a paid facial recognition service that charges up to $300 per month to exclude photos, which some women describe as “essentially extortion” — PimEyes is a paid service that finds photos of a person from across the internet, including some the person may not want exposed.
More:
CNN, PCMag, Pixel Envy, KnowTechie, Newslit Daily, Daring Fireball, The Overspill, and The Hill
| Iris Deng / South China Morning Post: |
China's iQiyi, a streaming service majority-owned by Baidu and listed on the Nasdaq, reported its first quarterly profit, $26.7M in Q1, after cutting spending — The Nasdaq-listed company, majority-owned by search giant Baidu, made a profit of 169.1 million yuan (US$26.7 million) …
More:
PR Newswire, Yicai Global, SHINE, Variety, and TechNode
| Preetika Rana / Wall Street Journal: |
YipitData: average Uber and Lyft fares in the US hit a record high in April, as they drew ~20% fewer riders and 35% fewer trips in Q1 2022 compared to Q1 2019 — The companies are cutting costs, bringing back cheaper rides and looking for new ways to woo driversSponsor Posts
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Zoho:
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IDrive:
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