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June 14, 2022, 9:05 AM
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| Brian Armstrong / The Coinbase Blog: |
Coinbase plans to reduce its headcount by ~18%, or ~1,100 people, seeking to “stay healthy during this economic downturn”, saying the company “grew too quickly” — Earlier today, I shared the following note with all Coinbase employees. — Team,
More:
SEC.gov, Gizmodo, TechCrunch, Protocol, The Independent, CoinDesk, The Block, CNBC, Bloomberg, and Fortune
Tweets: @coinbase, @bryan_vehonsky, @laurashin, @gergelyorosz, @gergelyorosz, @lay2000lbs, @spencernoon, @brian_armstrong, @wublockchain, @brian_armstrong, @anthony, @adamsinger, @seyitaylor, @gaborgurbacs, @seyitaylor, @adamscochran, @ahcastor, @loudmouthjulia, @loudmouthjulia, @conorsen, @damedoteth, @josephmdurso, @carterthomas, @arjunkharpal, @kpriime, @loopifyyy, @mylesudland, @thestalwart, @catherineflick, @sarthakgh, and @bennetttomlin
| Matthew Panzarino / TechCrunch: |
Craig Federighi says Stage Manager is exclusive to M1 iPads because it requires the M1's better GPU, virtual memory, storage, and RAM for a seamless experience — SVP Craig Federighi on stretching Apple's iPad to fit new ways of working — Though the iPad was a huge hit from the beginning based …
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Macworld, AppleInsider, Pocketnow, Daring Fireball, The Overspill, iDownloadBlog.com, iThinkDifferent, iPhone in Canada Blog, MacDailyNews, MacStories, and iPhone Hacks
Tweets: @byteforbyte, @trentstech, @reneritchie, @mattcassinelli, @stroughtonsmith, @mattcassinelli, @stroughtonsmith, @impatrickt, @craigjduffy, @stroughtonsmith, @stroughtonsmith, @reneritchie, @reneritchie, @impatrickt, @impatrickt, @stroughtonsmith, @craigjduffy, @stroughtonsmith, @mattcassinelli, @mcelhearn, @stroughtonsmith, @darth, @mcelhearn, @reneritchie, @tapbot_paul, @tapbot_paul, @tapbot_paul, @mattcassinelli, @stroughtonsmith, @joetfregoso, @craigjduffy, @craigjduffy, @stroughtonsmith, @reneritchie, @craigjduffy, @reneritchie, @reneritchie, and @reneritchie
| Bloomberg: |
Sources: Elon Musk will address Twitter employees and take questions at a company-wide virtual meeting on Thursday morning — Elon Musk will address Twitter Inc. employees at a company-wide meeting this week, the first time the Tesla Inc. chief executive officer will meet with employees since agreeing …
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Insider, The Verge, Gizmodo, Engadget, BBC, Wall Street Journal, Reuters, iPhone in Canada Blog, Barron's Online, CNET, CoinGape, and Gizchina
Tweets: @juddlegum, @masonpelt, and @brianstelter
| Bloomberg: |
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 15%+ to ~$22K, ether drops 16%+ to ~$1.2K, and Solana drops 7%+ to ~$28 — Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through global risk assets.
More:
Wall Street Journal, Binance, CoinDesk, Insider, Decrypt, Financial Times, Fortune, TechCircle, CNBC, Coinspeaker, Micky, The Block, Reuters, Bitcoin Magazine, Ars Technica, Neowin, Pionex Market Research, Ledger, The Verge, Xspringdigital's Newsletter, and New York Times
Tweets: @blockfizac, @mikeburgersburg, @lawmaster, @nexo, @bgarlinghouse, @deezefi, @schwarz, @kris, @saylor, @levie, @kevinsekniqi, @jackniewold, @kadhim, @tracyalloway, @sassal0x, @ryansadams, @tether_to, @blockfizac, @saylor, @raoulgmi, @zebulgar, @ryan_browne_, @cryptodomf, @ncweaver, @riccardotrezzi, @alex, @reuben_wu, @eatinginmycar, @richard_normal, @mdudas, @truthcoin, @thehowie, @kantrowitz, @nelson, @0x_capital, @sandofsky, @evan_ss6, @larryjamieson_, @pwnallthethings, @thepacketrat, @jacqmelinek, @ncweaver, @litcapital, @alexisohanian, @francispouliot_, @dougboneparth, @saucenaopls, @frances_coppola, @ercwl, @refsrc, @twobitidiot, @howardlindzon, @sdonnan, @cz_binance, and @fintechfrank
| Brandy Betz / CoinDesk: |
Source:
@cz_binance, @binance, and @cz_binance. More:
CNBC, Binance, Micky, Waivly, Coinspeaker, CoinGeek, Telegraph, CoinJournal, and Observer
Tweets: @fatmanterra, @binance, @kimdotcom, @dimartinobooth, @binance, @paleofuture, @molly0xfff, @banalplay, @rreverser, @larsknoll, @grady_booch, @alpacasw, @lounes_kmt, @teroterotero, @oliviasolon, @bradydale, @tante, @ben_mckenzie, @paleofuture, @paleofuture, @davidgerard, @paleofuture, @paleofuture, @binance, and @ahcastor
| Daniel Roberts / Decrypt: |
More:
tether.to, The Economic Times, Finbold, Attack of the 50 Foot …, and Washington Post
Tweets: @celsiusnetwork, @mashinsky, @nexo, @jonwu_, @lessin, @wassielawyer, and @dadkins_
| Manish Singh / TechCrunch: |
Sequoia launches two funds: a $2B early-stage, venture, and growth fund for India and an $850M dedicated fund for Southeast Asia, the largest in the regions — Sequoia India and Southeast Asia has launched two new funds, a $2 billion early-stage, venture and growth fund for India …
More:
AltFi, Sequoia India, Moneycontrol, The Economic Times, Entrackr, Silicon Republic, Nikkei Asia, VCCircle, YourStory.com, DealStreetAsia, Tech in Asia, Reuters, and Bloomberg
Tweets: @sequoia_india and @sequoia_india
| Dawn Chmielewski / Reuters: |
Spotify announces a Safety Advisory Council to provide non-binding third-party input on issues such as hate speech, disinformation, and extremism — Spotify Technology SA (SPOT.N) on Monday announced it has formed a Safety Advisory Council to provide third-party input on issues such as hate speech … | Taylor Hatmaker / TechCrunch: |
Meta announces a Voice Mode setting for Horizon Worlds, letting users garble voices from strangers, rolling out in the coming weeks, and launches in the UK — Meta might soon want everyone to hop into its playful virtual realms, but some users are set up for a shock.
More:
Meta Quest Blog, The Verge, The Economic Times, Social Media Today, UploadVR, and UploadVR
Tweets: @hrafntho, @vishalshahis, @bcarlton727, and @nathievr
| Tim Hardwick / MacRumors: |
Germany's Bundeskartellamt regulator launches an antitrust investigation into Apple's ATT tracking rules and anti-tracking tech — Germany's Federal Cartel Office, the Bundeskartellamt, has initiated proceedings against Apple to investigate whether its tracking rules and anti-tracking technology …
Source:
Bundeskartellamt. More:
The Platform Law Blog, 9to5Mac, AppleInsider, TechCrunch, PhoneArena, Financial Times, and Mobile World Live
Tweets: @kartellamt, @jcremer, and @lewis_crofts
| Brenda Goh / Reuters: |
A Chinese regulator says automaker Geely plans to acquire a 79% stake in smartphone maker Meizu for an undisclosed amount and release a smartphone by 2023 — A venture run by the founder of Chinese automaker Zhejiang Geely Holding (GEELY.UL) plans to acquire an 79% stake in Chinese smartphone maker Meizu … | Financial Times: |
Alibaba and Tencent are struggling to grow their cloud businesses after Beijing's tech crackdown and competition from politically favored Huawei and others — Chinese tech giants are struggling to grow their cloud businesses as Beijing favours state vendors| Bloomberg: |
Data shows Chinese orders for chipmaking equipment rose 58% YoY in 2021, as some US chipmakers claim Chinese companies are paying above-market prices — China's semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington.
Tweets: @briantycangco, @jendeben, @pelstrom, and @repmccaul
| Upmanyu Trivedi / Bloomberg: |
NYU report details how influencers backing India's BJP have used YouTube to spread conspiracy theories and hateful content targeting Muslims and women in India — Influencers backing India's ruling Hindu nationalist party have used YouTube videos to spread conspiracy theories … | Maria Deutscher / SiliconANGLE: |
Qualcomm acquires Cellwize, a software service that helps carriers operate their networks more efficiently, reportedly for $350M; Cellwize has raised $56.5M — Qualcomm Inc. has acquired Cellwize Wireless Technologies Pte. Ltd., a startup with a software platform that helps carriers operate their networks more efficiently.
More:
Silicon Republic, TechRadar, CTech, and The Robot Report
| Faseeh Mangi / Bloomberg: |
Pakistan-based Dastgyr, which is building an e-commerce service, raised a $37M Series A, the country's largest-ever, led by telecom Veon's venture arm — Pakistan's Dastgyr Technologies Pvt., which aims to create an e-commerce platform similar to Alibaba Group Holding Ltd. for emerging markets …
More:
DealStreetAsia and Tech in Asia
| Ingrid Lunden / TechCrunch: |
Amsterdam-based TestGorilla, which offers skills-based tests in place of CVs to help eliminate hiring bias, raised a $70M Series A led by Atomico and Balderton — Sending in a resume is the main way a person hope to get noticed for a job. But a startup out of Amsterdam called TestGorilla … | Dan Taylor / Tech.eu: |
Berlin-based CoachHub, which uses AI to match people with over 3,500 business and well-being coaches, raised a $200M Series C led by Sofina and Vision Fund 2 — Berlin-based digital coaching platform CoachHub has raised $200 million in a Series C funding round.
More:
TechCrunch, FinSMEs, Silicon Canals, and Tech in Asia
| Kate Park / TechCrunch: |
Indonesia-based consumer payment service Flip announces a $55M Series B extension led by Tencent, bringing the round to $103M and its total raised to $120M — Flip, an Indonesia-based consumer payment platform, has closed a $55 million Series B extension round led by Tencent with participation from Block … Sponsor Posts
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