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June 2, 2022, 5:30 PM
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WeSmirchTop News
| Ina Fried / Axios: |
Meta announces a broad AI reorganization: VP of AI Jerome Pesenti will leave later in June, the Responsible AI team will join the Social Impact team, and more — Facebook parent Meta announced a broad reorganization of its AI efforts Thursday, a move that will embed more work within product teams …
More:
The Verge and Meta AI
Tweets: @boztank, @inafried, @unusual_whales, @caseynewton, @schrep, and @stevejobs_666
| Bloomberg: |
After helping build Google's and Meta's massive ad businesses, Sheryl Sandberg's legacy is complicated by blind spots on data, misinformation, and more — Sheryl Sandberg once remarked that she felt she was put on earth to scale organizations — and during her career as one of the most powerful executives …
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TIME, Washington Post, Vox, The Guardian, Reuters, New York Times, The Economic Times, Politico, The Economist, and Wall Street Journal
| Jordan Novet / CNBC: |
More:
Silicon Valley Business …, TechSpot, Silicon Republic, The Economic Times, and City A.M.
Tweets: @damccormick13, @damccormick13, @damccormick13, @damccormick13, and @jordannovet
| CNBC: |
Source:
Sheryl Sandberg. More:
Bloomberg, Wired, New York Times, Bloomberg, Fortune, The Verge, CNBC, Digiday, New York Post, Noticias Tech, Coinspeaker, TechRepublic, Fossbytes, WRAL TechWire, Newslit Daily, Android Authority, Silicon Canals, Associated Press, iMore, The Cut, People.com, TechCircle, Los Angeles Times, Puck, and The Economic Times
Facebook: Mark Zuckerberg. Tweets: @tsimonite, @jason_kint, @andymstone, @daveleeft, @uticaeric, @davidclinchnews, @hayskali, @bloombergtv, @mikeisaac, @profcarroll, @sarafischer, @thequint, @charliebeckett, @gerberkawasaki, @jess, @thebenbergman, @yoda, @digiphile, @lifewinning, @stevenlevy, @deaneckles, @racsterls, @joshsternberg, @rachaelrad, @joshelman, @profgalloway, @om, @so_many_ryans, @swodinsky, @ericgarland, @ericnewcomer, @ericgarland, @edludlow, @earlofenough, @zevshalev, @slpng_giants, @blackamazon, @therealhoarse, @public_citizen, @mattbelloni, @rcarranza_, @jason_kint, @jason_kint, @heidibeirich, @jason_kint, @sruhle, @andizeisler, @stevenrenderos, @ericgarland, @ericgarland, @ericgarland, @quantian1, @matthewstoller, @fboversight, @asheschow, @cooper_m, @jason_kint, @samrhall, @ericgarland, @jbendery, @brij, @nickstatt, @rsg, @dataandpolitics, @melissagira, @anildash, and @choffstein
| Todd Bishop / GeekWire: |
Microsoft releases four principles recognizing its employees' rights to organize; president Brad Smith promises an “open and constructive approach” to unions — Conceding that the rise of labor unions in tech may ultimately reach its own business, Microsoft released a new set …
More:
Microsoft On the Issues, Bloomberg, Washington Post, and Axios
Tweets: @bradsmi, @jamieson, @nickstatt, @jordannovet, and @tomwarren
| Mark Gurman / Bloomberg: |
Sources: iPadOS 16 will have a redesigned multitasking interface, let users resize app windows, and offer new ways for users to handle multiple apps at once — Apple Inc. will announce significant changes to the iPad's software next week at its annual Worldwide Developers Conference …
More:
The Verge, TechCrunch, Engadget, PCMag, CNET, XDA Developers, Forbes, The Verge, Laptop Mag, Macworld, Livemint, AppleInsider, MacRumors, SlashGear, iMore, 9to5Mac, ScreenRant, Matridox, SamMobile, Wccftech, PhoneArena, iPhone Hacks, iDownloadBlog.com, iClarified, iPhone in Canada Blog, MacDailyNews, Kingswell, and BGR
Tweets: @markgurman, @johnvoorhees, @chris_lawley, @raywongy, @viticci, @someofmiles, @parkerortolani, @maxwinebach, @tommyigoe, @reneritchie, @maxwinebach, @mattbirchler, @reneritchie, @parkerortolani, @briantong, @byteforbyte, @stroughtonsmith, @markgurman, @nilsahrde, @reneritchie, @stroughtonsmith, @detroitborg, @firt, @newsynick, @markgurman, and @reneritchie
| Aisha Malik / TechCrunch: |
Amazon launches an invite-based ordering option for high-demand, low-supply products in the US to counter bots, starting with PS5 and Xbox Series X consoles — Amazon is launching a new invite-based ordering experience for high-demand, low-supply products.
More:
HotHardware.com News, Gizchina, Android Authority, Engadget, and Android Headlines. Tweets: @mrinaldesai
| Hema Parmar / Bloomberg: |
Tiger Global's investor letter shows its fund dropped 14.2% in May, due to losses in tech stocks and markdowns in private assets, pushing its 2022 losses to 52% — Losses at Tiger Global Management reached 52% this year, prompting the firm to cut management fees and create separate accounts …
More:
Protocol, Crunchbase News, and CNBC
Tweets: @integrity4mkts, @dee_bosa, @parmarhema, @sridinats, @thestalwart, and @alex
| Ashley Carman / Bloomberg: |
Spotify's “white noise” podcasters are making thousands of dollars per month creating soothing sounds, a growing market that major networks have yet to explore — People on the prowl for a new podcast to consume often go for a stimulating option like a political debate or a true crime mystery to quicken the pulse.| Nikhilesh De / CoinDesk: |
The CFTC sues Gemini, alleging that the crypto exchange's staff misled the federal regulator during Gemini's 2017 effort to launch bitcoin futures contracts — Gemini partnered with Cboe to try and launch what would have been the nation's first bitcoin futures contracts.
More:
CFTC, Gizmodo, The Block, BNN, Protocol, The Verge, Reuters, Crypto Adventure, Bitcoin Magazine, Cointelegraph, and Web3 is going just great. Tweets: @silvermanjacob
| Chance Miller / 9to5Mac: |
Square plans to roll out support for Apple's new Tap to Pay on iPhone feature in its Square Point of Sale app later in 2022 and launches an Early Access Program — Square announced today that it is signing on to support Apple's new Tap to Pay on iPhone feature.
More:
Square, PYMNTS.com, Reuters, AppleInsider, MacRumors, Protocol, iMore, Apple Must, and Crowdfund Insider. Tweets: @plantmath1
| David Pierce / The Verge: |
A developer finds that Twitter appears to be working on Search Subscribe, a feature that lets users receive notifications for new tweets matching a search query — Think Google Alerts, but for Twitter — Twitter appears to be working on a feature called “Search Subscribe,” … | Brenda Goh / Reuters: |
Amazon plans to stop supplying retailers in China with Kindles, close its Kindle e-bookstore in China on June 30, 2023, and remove the Kindle app in 2024 — Amazon.com (AMZN.O) said it will stop supplying retailers in China with its Kindle e-readers from Thursday and will shut its Kindle e-bookstore … | Nitasha Tiku / Washington Post: |
Some Google staff say Google is willfully ignoring caste bias after the company canceled a presentation on the topic, which caused a senior manager to resign — The rising Hindu nationalist movement that has spread from India through the diaspora has arrived inside Google, according to employees and an activist on caste bias.
More:
Hamatha. Tweets: @audreytruschke, @equalitylabs, @timnitgebru, @profsunnysingh, @nitashatiku, @sangaymishra, @vauhinivara, @profdilipmandal, @dalitdiva, @sree, @ericajoy, @smashboard_, @sivavaid, @pranshuverma_, @dalitdiva, and @karunanundy
| Carly Page / TechCrunch: |
Mandiant: Russia-based cybercriminal group Evil Corp has shifted to a ransomware-as-a-service model to evade December 2019 US sanctions for its Dridex malware — The Russia-based cybercriminal group known as Evil Corp has shifted to a ransomware-as-a-service model in an effort to skirt U.S. sanctions …
More:
Mandiant, BleepingComputer, CyberScoop, datacenterknowledge.com, Dark Reading, and Cybernews.com
Tweets: @780thc, @ericgeller, and @bryceabdo
| Harry McCracken / Fast Company: |
Reddit's first chief product officer Pali Bhat and CEO Steve Huffman talk about the site's growth plans, how AI can help its 50K volunteer moderators, and more — When Reddit decided to hire its first chief product officer last year, one of the first candidates that cofounder … Thanks:@technologizer
| Arun Padmanabhan / The Economic Times: |
ExpressVPN decides to pull its servers out of India, citing the impossibility of complying with an upcoming mandate to record users' names and activities — New Delhi: Virtual private network (VPN) operator ExpressVPN is pulling its servers out of India, citing the impossibility of complying …
More:
Home of internet privacy, Washington Post, The Register, Livemint, Raquel's Newsletter, TechCircle, HackRead, Inc42 Media, The Hacker News, BGR India, Fossbytes, and Entrackr
Tweets: @just1doctorwala and @abhisheksay
| Oshry Alkeslasi / Geektime: |
Tel Aviv-based Laminar, which helps companies manage public cloud data security, raises $30M led by Salesforce and Tiger Global, bringing its Series A to $67M — The Israeli startup doubles its recruitment from last November and add alongside Sentinel One, Insight, Tiger Global and the support …
More:
Business Wire, SiliconANGLE, FinSMEs, and SecurityWeek
| Will Feuer / Wall Street Journal: |
Filing: Microsoft has cut its Q4 sales guidance to $51.94B-$52.74B, down from $52.4B-$53.2B, citing a stronger US dollar; its shares are down ~21% this year — Tech giant's stock slips; it is the latest company to warn of the dollar's impact on financials — Microsoft Corp. MSFT 0.79%▲ … | Christine Hall / TechCrunch: |
Yummy, which operates a delivery and transportation super app in Latin America, raises $47M led by Anthos Capital, bringing its total funding to $69M — Less than a year after taking its first funding, Latin American local on-demand delivery and transportation super app Yummy is back with an upsized round of $47 million.| MacKenzie Sigalos / CNBC: |
Former federal prosecutors say Do Kwon is unlikely to face prison time as it would be hard to prove intent to defraud, but fines and lawsuits are more likely — - Do Kwon is the 30-year-old South Korean founder of a $60 billion stablecoin project that imploded last month.| Bloomberg: |
FEC data: the crypto sector's political donations passed $26.3M in 2021 and Q1 2022, outpacing donations from Big Tech, drug makers, and the defense industry — Crypto executives are now pouring more money into US politics than many of America's industrial stalwarts.
Tweets: @tonyromm
| Angus Loten / Wall Street Journal: |
Enterprise software companies like IBM, HP, and Oracle have shown relative resilience in the recent tech rout, due to demand for their cloud computing services — Enterprise software companies have shown relative resilience in the recent tech rout, and fevered demand for their cloud-computing services explains it, analysts say
Tweets: @jrichlive
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