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June 4, 2022, 12:30 AM
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| Emma Fletcher / Federal Trade Commission: |
46,000+ people have reported losing $1B+ cumulatively to crypto scams from January 2021 through March 2022, 24% of dollar losses in fraud reported to the FTC — From Super Bowl ads to Bitcoin ATMs, cryptocurrency seems to be everywhere lately. Although it's yet to become a mainstream payment method …
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Web3 is going just great, CyberScoop, BleepingComputer, Fast Company, Reuters, Engadget, Vox, CNBC, Washington Post, CNET, PCMag, Candid.Technology, Axios, Protocol, and CoinDesk
| Kyle Wiggers / TechCrunch: |
Amazon says Dave Clark, CEO of its Worldwide Consumer division, will step down after 23 years with the company; his last day in the office will be July 1, 2022 — Amazon today announced that Dave Clark, CEO of the company's worldwide consumer division, will step down after 23 years in the position.
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About Amazon, CNBC, Washington Post, Wall Street Journal, Engadget, The Information, SiliconANGLE, CNN, GeekWire, PYMNTS.com, Variety, The Verge, and The Hill
| Ashley Carman / Bloomberg: |
Clubhouse eliminated “a handful of roles” as part of a broader restructuring; leaving staff include the heads of news partnerships, community, and international — Clubhouse, the social audio app that became a big hit during the early days of the pandemic, laid off multiple employees this week …
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Protocol. Tweets: @aarthir, @carnage4life, @ninaberries, @anuatluru, @eringriffith, @caseynewton, @parismartineau, @s_m_i, and @ellenhuet
| Washington Post: |
A House and Senate bipartisan data privacy bill would let users opt out of targeted ads and sue internet companies that improperly sell their data, and more — The proposal, considered a step forward, still lacks the support of some key members — A bipartisan group of legislators …
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Axios, CyberScoop, Commerce.Senate.gov, Politico, Tech Policy Press, Protocol, and Slashdot
Tweets: @rebeccamkern, @sethmills21, @0xfr_, @cathymcmorris, @frankpallone, @wenbinters, @cyn_k, @appleworkers, @01core_ben, @viacristiano, @timsweeneyepic, @billda, @tobi, @tobi, @fbbagholder, @wenbinters, @aaschapiro, @amolumd, @blakereid, @ariezrawaldman, @johndavisson, @jduballreports, @blakereid, @willoremus, @swodinsky, @margarethmcgill, @blakereid, @blakereid, @swodinsky, @swiftstories, @tim_cook, @thoward37, @margarethmcgill, @carnage4life, @jason_kint, and @evan_greer
| Russell Brandom / The Verge: |
The New York State Assembly passes the first right-to-repair bill in the US covering electronics; Governor Kathy Hochul is expected to sign the measure — ‘Repairs should become less expensive and more comprehensive’ because of the new measure, says iFixit
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NY State Senate, VICE, iFixit News, The Register, 9to5Mac, The Mac Observer, IGN, Ars Technica, Techdirt, Digital Trends, iMore, and Android Authority
Tweets: @patriciafahy109, @nproctor, @karlbode, @ifixit, @nproctor, @weldpond, @zachreports, @nproctor, @joeljohnson, @patriciafahy109, @nproctor, @jason_koebler, and @nproctor
| Melia Russell / Insider: |
Tiger Global-backed email service Superhuman lays off 23 employees, or about 22% of its workforce; Superhuman was most recently valued at $825M in August 2021 — - Email app Superhuman laid off 22% of its workforce on Friday, the CEO said in a tweet. — Superhuman makes a premium email app for power users.| Gideon Lewis-Kraus / New Yorker: |
A look at the presentiment that social media is bad for society, as some researchers find the fears are overstated and others warn about effects on individuals — There's a general sense that it's bad for society—which may be right. But studies offer surprisingly few easy answers.| Fadeke Adegbuyi / Every: |
Q&A with Don Caldwell, EIC of Know Your Meme, a 15-year-old online encyclopedia of memes with 10 full-time editorial staff, on uncovering meme origins and more — Think of any meme. It could be the scribbled image of party goers and one man—off alone to the side …
Tweets: @fadeke_adegbuyi
| Jim Hagerty / USA Today: |
In April, Google settled an Illinois lawsuit accusing it of violating the Biometric Information Privacy Act with its Photos face regrouping tool, for $100M — ROCKFORD, Ill. — Illinois residents are eligible to receive part of a $100 million class-action settlement after Google was accused of violating privacy laws in the state.| Delia Cai / Vanity Fair: |
Q&A with Pocket VP Matt Koidin on the 50M links people save per month, longform content, the “algotorial” approach to the Pocket Hits newsletter, and more — Over the past decade, Pocket has endured as an unusually pleasant way to consume the internet.| PYMNTS.com: |
Cleveland-based Felux, an online B2B marketplace and supply chain management service for steel and other metals, raises a $19M Series A led by EquipmentShare — Felux, an online B2B marketplace and supply chain platform for steel and other metals, has raised $19 million in a Series A funding round …
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Business Wire
| Megha Paul / Tech.eu: |
Denmark-based ZeroNorth, which develops software tools to help the global shipping industry cut emissions, raises a $50M+ Series B from PSG Equity and others — The new funding will allow the Danish startup to ramp up operations and invest in product innovation to expand its customer-facing teams and pursuing M&A deals
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Business Wire, ArcticStartup, FinSMEs, and Silicon Canals
| Jordan McDonald / Emerging Tech Brew: |
FarmWise, which builds a weeding robot that uses cameras, sensors, and AI to identify and cut down weeds without harming the crops, raises a $45M Series B — FarmWise sells its AI-powered weeding robots as a service to major commercial farms. — Weeds, the enemy of gardeners and farmers everywhere … | Josh Eidelson / Bloomberg: |
In an NLRB complaint, the CWA alleges Activision Blizzard illegally terminated a dozen workers and reorganized operations at Raven Software amid union efforts — Activision Blizzard Inc. was accused of illegally retaliating against employees for their unionization efforts … Sponsor Posts
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