Techmeme
June 14, 2022, 3:55 PM

Top News

Brian Armstrong / The Coinbase Blog:
Wall Street Journal:
Apple and Major League Soccer announce a 2023-2032 broadcasting deal for MLS games, available via an MLS streaming service in the Apple TV app or with Apple TV+  —  Deal underscores iPhone maker's streaming ambitions and battle for sports programming  —  Apple Inc. AAPL 0.71%▲ …
Jacob Kastrenakes / The Verge:
Adobe begins testing a freemium version of Photoshop for the web in Canada to introduce more users to the app; some features will eventually be subscriber-only  —  For now, it's testing a freemium version in Canada  —  Adobe has started testing a free-to-use version of Photoshop on the web …
José Adorno / 9to5Mac:
WABetaInfo:
Mark Zuckerberg announces WhatsApp users can securely transfer their chat history from Android to iOS while keeping e2ee, expanding on iOS to Android support  —  Like Love Haha Wow Sad Angry  —  After announcing important changes for the Cloud API at the Conversations 2022 keynote …
Bloomberg:
Data shows Chinese orders for overseas-sourced chipmaking equipment rose 58% YoY in 2021, as some US chipmakers say Chinese firms 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.
Kris Holt / Engadget:
Meta begins rolling out parental support tools for Quest headsets and Instagram, including a parent education hub and additional prompts to take breaks  —  Meta is introducing new parental supervision features for Quest virtual reality headsets and Instagram.
Tim Hardwick / MacRumors:
Germany's Bundeskartellamt regulator launches an antitrust investigation into whether Apple's ATT tracking rules and anti-tracking tech are self-preferencing  —  Germany's Federal Cartel Office, the Bundeskartellamt, has initiated proceedings against Apple to investigate whether its tracking rules …
Matthew Panzarino / TechCrunch:
Craig Federighi says Stage Manager is exclusive to M1 iPads because it leverages the M1's more powerful GPU, I/O in virtual memory, faster storage, and more RAM  —  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 …
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 …
Mary Ann Azevedo / TechCrunch:
Redfin says it's laying off 470 staff, about 8% of its workforce, and Compass is laying off ~10%, or ~450, as housing demand softens amid rising interest rates  —  Says Redfin CEO: 'I said we wouldn't lay people off unless we had to.  We have to.'  —  The housing market has taken a huge hit …
Daniel Roberts / Decrypt:
Celsius' CEL token fell 70% in one hour after the DeFi lender suspended all customer withdrawals, amid a broader crypto market crash  —  On Sunday night, with crypto markets already in freefall, controversial crypto lender Celsius announced it was suddenly pausing all customer withdrawals, swaps, and transfers.
Brandy Betz / CoinDesk:
Bloomberg:
Ron Miller / TechCrunch:
Arkestro, which uses ML and game theory to help companies procure supplies and services, raises a $26M Series A  —  Procurement involves buying supplies and services you need to run your business.  For the most part, companies still use email and spreadsheets or legacy tools to find …
More: FinSMEs
Kyle Wiggers / TechCrunch:
Invoca, which uses AI to analyze contact center calls, has raised $83M led by Silver Lake Waterman at a $1.1B post-money valuation  —  Invoca, a platform that uses AI to analyze calls for marketing, sales, and customer agent training purposes, today closed an $83 million funding round that values the company at $1.1 billion post-money.

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Earlier Picks

Tage Kene-Okafor / TechCrunch:
New York Times: