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June 3, 2022, 1:15 AM
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| Anushree Dave / The Block: |
Coinbase extends its hiring freeze “for as long as this macro environment requires” and will “rescind a number of accepted offers”, updating new hires by email — Coinbase is rescinding some accepted job offers and extending an existing pause on hiring new candidates …
More:
The Coinbase Blog, The Economic Times, Blockworks, CoinDesk, The Information, Bloomberg, Decrypt, TechCrunch, CNBC, CoinDesk, MarketWatch, Protocol, and Reuters
| Wall Street Journal: |
Sources: Sandberg's exit from Meta dovetailed with burnout and an internal probe into her activities, including the use of company resources to plan her wedding — One of the world's most powerful executives became increasingly burned out and disconnected from the mega-business she was instrumental in building.
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Financial Times, Deadline, and Marketing Dive
| Ina Fried / Axios: |
More:
Meta AI and The Verge
Facebook: Jerome Pesenti and Yann LeCun
Tweets: @arlanwashere, @arlanwashere, @garymarcus, @an_open_mind, @gregmepstein, @schrep, @sadlyitsbradley, @metaai, @chriswallace95, @arlanwashere, @inafried, @unusual_whales, @nikki_t, @boztank, @timnitgebru, @boztank, @timnitgebru, @caseynewton, @timnitgebru, @_trlwilliams, @timnitgebru, @boztank, @arlanwashere, @schrep, @stevejobs_666, and @mergesort
| Bloomberg: |
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The Guardian, TIME, Vox, Washington Post, New York Times, The Signal, Bloomberg, and The Economic Times
Tweets: @daveyalba, @ultraviolet, @profgalloway, @libertyrpf, @mmfa, @stevekovach, @goldnecklace2, @opinion, @bloombergtv, @dianesbaker1, @sherman4949, @profgalloway, @alexrkonrad, @daveyalba, @sheeraf, @thequint, @jason_kint, @worldjewishcong, @sherman4949, @johnwilander, @garettsloane, @realpaulsantos, @moonalice, @bangtheclose, @glennf, @daveyalba, @schrep, @sheeraf, @sarahfrier, @profcarroll, @andymstone, @sherman4949, @sheeraf, @uticaeric, @charliebeckett, @jess, @hayskali, @thebenbergman, @ohhkaygo, and @amy_siskind
| Parmy Olson / Bloomberg: |
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CNBC, Street Register, and Axios
Tweets: @tsimonite, @eric_seufert, @sarafischer, @markgongloff, @divestech, @the_rocktrading, @buccocapital, @tonytassell, and @parmy
| 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, Windows Central, Axios, Protocol, The Seattle Times, Wall Street Journal, Bloomberg, Wccftech, Game Rant, Kotaku, Neowin, Washington Post, Reuters, and CNN
Tweets: @bradsmi, @gigaboots, @tomwarren, @jamieson, @hamiltonnolan, @nickstatt, @willoremus, @willoremus, and @jordannovet
| Simon Sharwood / The Register: |
Atlassian warns users to restrict internet access to its Confluence software, or disable it, in light of an unpatched critical RCE flaw actively under attack — One suggested option: Turn the thing off until it can be fixed — Atlassian has warned users of its Confluence collaboration tool …
More:
confluence.atlassian.com, Volexity, BleepingComputer, iTnews, and The Hacker News
| 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, Bloomberg, Gizmodo, The Block, Reuters, Crypto Briefing, The Verge, crypto.news, Protocol, Crypto Adventure, CryptoSlate, Bitcoin Magazine, Cointelegraph, and Finextra
Tweets: @cameron, @tyler, @silvermanjacob, @web3isgreat, and @coindesk
| Mark Gurman / Bloomberg: |
Sources: iPadOS 16 will have a redesigned multitasking interface, letting users resize app windows and offering new ways 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 Breakroom, The Verge, TechCrunch, Pocket-lint, t3.com, Parker, PhoneArena, iPhone Hacks, iDownloadBlog.com, iMore, Engadget, Laptop Mag, PCMag, Wccftech, SamMobile, SlashGear, PYMNTS.com, MacDailyNews, Matridox, Patently Apple, XDA Developers, Forbes, ScreenRant, CNET, iPhone in Canada Blog, iClarified, The Verge, Macworld, Livemint, AppleInsider, MacRumors, BGR, and 9to5Mac
Tweets: @markgurman, @jamesthomson, @viticci, @reneritchie, @viticci, @stroughtonsmith, @firt, @stroughtonsmith, @johnvoorhees, @mattbirchler, @reneritchie, @someofmiles, @briantong, @tommyigoe, @viticci, @chockenberry, @stroughtonsmith, @newsynick, @byteforbyte, @tailosivetech, @markgurman, @chris_lawley, @reneritchie, @stroughtonsmith, @markgurman, @maxwinebach, @reneritchie, @maxwinebach, @stalman, @nilsahrde, @stroughtonsmith, @parkerortolani, @stroughtonsmith, @jeremyburge, @stroughtonsmith, @raywongy, @reneritchie, @parkerortolani, @chockenberry, @samifathi_, @rsgnl, @stroughtonsmith, and @detroitborg
| Mark Gurman / Bloomberg: |
Sources: Apple plans to improve retail staff schedules, raising minimum hours between shifts from 10 to 12, no work for more than five days in a row, and more — Apple Inc. has agreed to make work schedules at its retail stores more flexible, according to employees with knowledge of the plans …
More:
SiliconANGLE, CNET, Engadget, AppleInsider, MacRumors, MacDailyNews, 9to5Mac, and Reuters
| Rebecca Bellan / TechCrunch: |
GM's Cruise secures a permit to charge fares for its driverless robotaxi service in San Francisco, which will operate from 10PM to 6AM on select streets — Cruise, the autonomous vehicle unit of General Motors, has finally been given the green light to start charging fares for its driverless robotaxi service in San Francisco.
More:
getcruise.com, Associated Press, Reuters, Detroit Free Press, Los Angeles Times, and CNBC
Tweets: @cruise, @laurenwern, and @joshuaforman
| 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.| 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:
Gizchina, TechSpot, SlashGear, BGR, Android Headlines, HotHardware.com News, Android Authority, and Engadget. Tweets: @mrinaldesai
| Adnan Bhat / Rest of World: |
Indian edtech startups struggle post-pandemic; Byju's-owned WhiteHat Jr reportedly had ~800 educators quit while Lido shuttered and let go of its 1,200 staff — The pandemic drove a boom in online education startups. Now they're laying off employees by the hundreds. — • NEW DELHI, INDIA
Tweets: @carnage4life
| Will Feuer / Wall Street Journal: |
Filing: Microsoft cuts its Q4 sales guidance from $52.4B-$53.2B to $51.94B-$52.74B, citing a stronger US dollar; Microsoft's stock is down 18% so far in 2022 — Tech giant's stock slips; it is the latest company to warn of the dollar's impact on financials
More:
Reuters, Insider, MarketWatch, Investor's Business Daily, Financial Times, GeekWire, CNBC, and RTÉ
| 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:
Insider, Fortune, Wall Street Journal, Protocol, Crunchbase News, and CNBC
Tweets: @integrity4mkts, @dee_bosa, @parmarhema, @sridinats, @thestalwart, and @alex
| Dan Goodin / Ars Technica: |
A report highlights security risks in Meeting Owl, a videoconference device used by governments and colleges, including exposure of its Pro users' data — No patch yet for easy-to-hack access point that leaks data and exposes networks to hacks. — The Meeting Owl Pro is a videoconference device …
Tweets: @dangoodin001 and @dangoodin001
| 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 … | 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,” …
More:
9to5Google, Search Engine Land, Digital Trends, Search Engine Journal, Android Headlines, Pocket-lint, iMore, and PhoneArena
Tweets: @evowizz and @chrismessina
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