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Techmeme
June 24, 2022, 8:20 PM
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Top News

Jeffrey Dastin / Reuters:
As state laws limiting abortion kick in, tech companies could be forced by law enforcement to hand over users' search histories and other pregnancy-related data  —  The technology industry is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement …
Mark Sullivan / Fast Company:
After SCOTUS overturned Roe v. Wade, Apple, Meta, Google, and other tech companies announce or reaffirm policies supporting staff seeking abortion services  —  A number of tech and media companies are responding to the Supreme Court's decision to overturn Roe v. Wade by offering to pay …
Tracy Wang / CoinDesk:
Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from troubled crypto lender Celsius in the event of a bankruptcy  —  The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.
Brian Newar / Cointelegraph:
Harmony stops its Horizon bridge between Ethereum, Binance Chain, and Bitcoin after a theft of ~$100M in altcoins; Harmony says its BTC bridge was not impacted  —  The layer-1 blockchain's main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.
Jonathan Greig / The Record:
The CISA and the US Coast Guard Cyber Command warn companies of Log4Shell exploits in the wild, citing one incident of threat actors exfiltrating 130GB+ of data  —  The Cybersecurity and Infrastructure Security Agency (CISA) and the United States Coast Guard Cyber Command (CGCYBER) …
Chris Dolmetsch / Bloomberg:
US judge rules that Pinterest must face a suit by digital marketing strategist Christine Martinez, who says she co-created Pinterest but was never compensated  —  Pinterest Inc. must face a lawsuit from a digital marketing strategist who says she helped conceive the social media platform, a California judge ruled.
More: Engadget
Wall Street Journal:
Sources: FTX is in talks to acquire a stake in BlockFi but no equity agreement has been reached; FTX gave the crypto lender a $250M credit line this week  —  FTX gave crypto lender a $250 million credit line this week  —  Crypto billionaire Sam Bankman-Fried has become a lender of last resort to his beleaguered industry.
Lauren Feiner / CNBC:
Zendesk agrees to be acquired by an investor group in an all-cash deal valuing the company at ~$10.2B and will go private once the deal closes; stock is up 25%+  —  - Customer experience software company Zendesk agreed to be acquired by an investor group in an all-cash transaction valuing it around $10.2 billion.
Zheping Huang / Bloomberg:
How TikTok is cashing in on its exploding popularity; source: TikTok plans to grow its e-commerce gross merchandise volume to $2B in 2022 and $23B in 2023  —  Alyssa McKay used to work part-time at a frozen yogurt store in Portland, Oregon, making minimum wage to cover her college tuition.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:20 PM ET, June 24, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Todd Spangler / Variety:
On a staff call, Bari Weiss defends firing Scott Pelley, saying the foundation of “trust and mutual respect” was broken after Pelley's outburst on Monday

Bloomberg:
Bill Ackman's Pershing Square plans to sell its stake in Universal Music Group, days after the Amsterdam-listed group rejected his takeover bid

Washington Post:
Two Stars and Stripes advisory board members sue the US Defense Department, saying new restrictions on the paper violate the First Amendment and federal law

More News

Davey Alba / Bloomberg:
Source: in February, Meta started an official internal process to shut down CrowdTangle, but paused the plan as the EU's Digital Services Act gained traction

Earlier Picks

Leo Schwartz / Rest of World:
In Mexico City, Facebook has emerged as a low-cost alternative to food delivery services like Uber Eats and Rappi, as restaurateurs seek to avoid ~30% fees
Natasha Lomas / TechCrunch:
Italy's data watchdog finds a local web publisher's use of Google Analytics violates EU data protection rules due to the privacy risk of data transfer to the US
Ben Schoon / 9to5Google:
OSOM, founded by ex-Essential employees, scraps its OV1 phone and partners with Solana to produce Saga, a $1,000 Web3-focused Android phone launching in Q1 2023
Frederic Lardinois / TechCrunch:
Amazon launches CodeWhisperer, a GitHub Copilot-like AI pair programming tool, in preview within the AWS IDE Toolkit, supporting Java, JavaScript, and Python
Zack Whittaker / TechCrunch:
Google details the commercial spyware Hermit, used in Kazakhstan and Italy, targeting Android and iOS; the iOS version has six exploits, including two zero-days
Phillip Tracy / Gizmodo:
Microsoft announces gaming features for Edge, including a new homepage, exclusive free-to-play games, Clarity Boost for streamed games, and a performance option
Jon Porter / The Verge:
Google plans to bring Chrome's Enhanced Safe Browsing, which helps track URLs to monitor dangerous websites, to Chrome for iOS, expanding on Android and desktop
Maddie Ellis / Wall Street Journal:
Instagram begins testing tools to verify ages, starting with 17 and under, using either Yoti's facial video analysis, photo IDs, or adults vouching for users
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