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June 14, 2022, 4:25 PM
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| Brian Armstrong / The Coinbase Blog: |
Coinbase plans to reduce its headcount by ~18%, or ~1,100 people, “to ensure we stay healthy during this economic downturn” after the company “grew too quickly” — Earlier today, I shared the following note with all Coinbase employees. — Team,
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SEC.gov, CNBC, CoinDesk, Wall Street Journal, VICE, Web3 is going just great, Bloomberg, The Verge, SiliconANGLE, CNET, Ars Technica, PCMag, New York Times, Crunchbase News, BBC, CryptoSlate, Crypto Briefing, The Block, Engadget, PC Gamer, Financial Times, American Banker, Axios, The Crypto Lobby, Blockworks, Insider, Fortune, Cryptonews, Ethereum World News, Decrypt, The Block, Cointelegraph, Gizmodo, Protocol, CryptoPotato, The Hill, New York Post, The Independent, TechCrunch, AltFi, and Finextra
Tweets: @coinbase, @brian_armstrong, @thestalwart, @lawmaster, @bryan_vehonsky, @anthony, @wublockchain, @laurashin, @jack_raines, @teamblind, @brian_armstrong, @mylesudland, @bonecondor, @jack_raines, @helaineolen, @loopifyyy, @conorsen, @gergelyorosz, @ahcastor, @ljin18, @ldignan, @danprimack, @damedoteth, @lay2000lbs, @loudmouthjulia, @kimcrayton1, @pt, @adamsinger, @catherineflick, @jkup, @spencernoon, @ivanthek, @epsilontheory, @bennetttomlin, @josephmdurso, @arjunkharpal, @wublockchain, @blockfizac, @crypto, @deezefi, @scottjohnson, @loudmouthjulia, @sarthakgh, @kpriime, @seyitaylor, @lawblob, @gergelyorosz, @seyitaylor, @adamscochran, @crypto, @gaborgurbacs, @crypto, and @carterthomas
| 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 …
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YouTube, Engadget, Macworld, Fortune, PC Gamer, Android Authority, Adobe Press Releases, Gizmodo, PCWorld, Neowin, Digital Trends, PetaPixel, 9to5Mac, KnowTechie, iPhone in Canada Blog, Digital Photography Review, WinBuzzer, MobileSyrup, and iMore
Tweets: @theicir and @joshbloch
| Filipe Espósito / 9to5Mac: |
Sources: Apple plans to refresh its entry-level iPad with a USB-C port instead of Lightning, an A14 chip, 5G, and an improved display, likely coming in 2022 — Earlier this year, 9to5Mac exclusively reported that Apple was working on a new generation iPad Air to have the M1 chip and 5G support …
More:
MacRumors, iDownloadBlog.com, and MacDailyNews
Tweets: @vadimyuryev, @detroitborg, and @llsethj
| José Adorno / 9to5Mac: |
More:
The Verge, MacRumors, iDownloadBlog.com, Wccftech, Digital Trends, and iMore
Tweets: @parkerortolani, @stephenwarwick9, @tme_michael, and @stephenwarwick9
| 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 …
Source:
Facebook. More:
Engadget, The Verge, Softpedia News, Livemint, Android Police, TechCrunch, 9to5Google, Wccftech, International Business Times, Digital Trends, XDA Developers, BigTechWire, GSMArena.com, PhoneArena, iMore, MacStories, ZDNet, NDTV Gadgets 360, 9to5Mac, NextPit, Tom's Guide, TechRadar, BGR India, Notebookcheck.net, and T3
Tweets: @sp990 and @martinsfp
| Dawn Chmielewski / Reuters: |
Spotify announces a Safety Advisory Council to provide non-binding third-party input on issues such as hate speech, disinformation, extremism, and online abuse — Spotify Technology SA (SPOT.N) on Monday announced it has formed a Safety Advisory Council to provide third-party input on issues … | Kris Holt / Engadget: |
Meta begins rolling out parental support tools for Quest headsets and Instagram, including a parent education hub and more prompts for kids to take breaks — Meta is introducing new parental supervision features for Quest virtual reality headsets and Instagram.
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Meta, Adweek, XDA Developers, Protocol, Meta, The Verge, CNET, KnowTechie, iPhone in Canada Blog, TechCrunch, PhoneArena, The Hill, iMore, BBC, NPR, Telegraph, ConnectSafely, and Mashable
Tweets: @mosseri, @mattnavarra, @elizableu, @instagram, @missingkids, @chrismessina, @andymstone, @mattnavarra, @jennaguillaume, @nickclegg, @davisantigone, and @hinduja
| 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.
More:
Wall Street Journal and Midday Macro
Tweets: @austinjdahmer, @briantycangco, @pelstrom, @repmccaul, @kate_okeeffe, and @jendeben
| 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%▲ …
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Apple, Sports Business Journal, Techhive.com, Six Colors, 9to5Mac, Protocol, Appleosophy, Engadget, The Verge, AppleInsider, CNBC, MacRumors, CNET, Reuters, MLS, Variety, The Mac Observer, Cult of Mac, Apple Must, iPhone in Canada Blog, The Streamable, Your Apple Update, Tom's Guide, Sports Illustrated, The Independent, The Independent, USA Today, and iMore
Tweets: @leachcitynewsto, @vadimyuryev, @bachscore, @willoremus, @jacobfeldman4, @bzamayo, @appletv, @kfoleyfl, @reneritchie, @jacobfeldman4, @richlightshed, @d_barnes25, @mls, @howardmegdal, @kylejmccarthy, @zacharyleonsis, @austinkarp, @marksayshi, @robusry, @ahess247, @dansjensen, @benbaer89, @theromit, @ortizkicks, @richlightshed, @jeremiahoshan, and @mrjordangardner
| Mary Ann Azevedo / TechCrunch: |
Redfin plans to lay off ~470 staff, or 8% of its workforce, and Compass is laying off ~450 staff, or ~10%, 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 …
More:
CNBC, Seattle Business Journal, GeekWire, Redfin Real Estate News, The Hill, and Yahoo Finance
Tweets: @bayareawriter, @carnage4life, @brianhartpr, and @sarthakgh
| Jennifer Maas / Variety: |
Netflix, which has released 23 mobile games since November 2021, plans to double its games by the end of 2022 to have one “for every single one of our members” — Since launching its mobile games offering to members seven months ago, Netflix has released a total of 23 titles.| Dan Goodin / Ars Technica: |
Researchers find a vulnerability in Intel and AMD CPUs that could let hackers steal encryption keys via a side channel attack on power management feature DVFS — Hertzbleed attack targets power-conservation feature found on virtually all modern CPUs. — Microprocessors from Intel, AMD … | 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 …
Source:
Bundeskartellamt. More:
The Platform Law Blog, TheStreet, AppleInsider, PYMNTS.com, Gizmodo, Daring Fireball, iPhone Hacks, iClarified, 9to5Mac, and Financial Times
Tweets: @carnage4life, @pt, @ohmdee, @kartellamt, @lewis_crofts, and @jcremer
| Taylor Hatmaker / TechCrunch: |
Meta unveils a Voice Mode for Horizon Worlds, letting users garble voices from strangers, rolling out in the coming weeks, and launches Horizon Worlds 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, PCMag, The Verge, Road to VR, and The Economic Times
Tweets: @vishalshahis and @bcarlton727
| 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.| Sarah Nassauer / Wall Street Journal: |
Wonder, a food delivery app led by Marc Lore, raised $350M in May 2022 sources say at a ~$3.5B valuation, bringing its total funding in equity and debt to $900M — The New York-based company cooks hot meals from a network of neighborhood trucks and wants to expand its service area
More:
Bloomberg, Axios, and Business Wire
Tweets: @stevekovach, @sarahnassauer, @herbgreenberg, @marclore, @jacefrederick, and @gvteam
| 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 …
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Insider, Wall Street Journal, Engadget, BBC, The Verge, International Business Times, Reuters, iPhone in Canada Blog, Law and Politics, MobileSyrup, Onsitego Blog, Gizmodo, Gizchina, Mashable, Barron's Online, and Tech News
Tweets: @brianstelter, @juddlegum, and @masonpelt
| Chris Welch / The Verge: |
Sonos Voice Control assistant review: fast, private, and good at tasks like grouping rooms, but lacks Spotify support and doesn't understand some artists' names — Sonos' assistant only takes music requests, and that actually works out in its favor — When Sonos Voice Control was announced last month … | Dean Takahashi / VentureBeat: |
Playful Studios, the maker of Words With Friends, raised $46M to build Wildcard, a Web3 game combining collectible cards with battle arena real-time strategy — Playful Studios, the maker of Words With Friends and Lucky's Tale, unveiled a Web3 game and raised $46 million for its The Wildcard Alliance division.| 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 …
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FinSMEs
| Kate Beioley / Financial Times: |
UK's Competition Appeal Tribunal backs the CMA's right to find that Meta's purchase of Giphy may harm competition, ruling against all but one appeal by Meta — CMA may have to look again at decision as result of Facebook parent's one successful challenge at tribunal
More:
belfasttelegraph, City A.M., GOV.UK, and RTÉ
| 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 … | Brandy Betz / CoinDesk: |
Binance paused bitcoin withdrawals for a few hours on Monday “due to a stuck transaction causing a backlog”; the company says BTC withdrawals have since resumed — CEO Changpeng Zhao attributed the issue to a “stuck transaction,” and promised a quick fix.
Source:
@cz_binance, @binance, and @cz_binance. More:
CNBC, Decrypt, CoinGeek, Coinspeaker, Insider, Micky, and CoinJournal
Tweets: @fatmanterra, @binance, and @kimdotcom
| Daniel Roberts / Decrypt: |
More:
tether.to, Bloomberg, Washington Post, and The Economic Times
Tweets: @celsiusnetwork, @mashinsky, @mikeburgersburg, @jonwu_, @nexo, @lawmaster, @lessin, @jackniewold, and @juddlegum
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