Techmeme
June 29, 2022, 1:00 AM

Top News

Michael Bellusci / CoinDesk:
CoinFLEX CEO Mark Lamb says crypto investor Roger Ver owes CoinFLEX $47M in USDC, after Ver denied “some rumors” he defaulted on a debt to a counterparty  —  The crypto exchange is launching a recovery token because of debt owed by a high-net-worth customer.
Bloomberg:
After freezing withdrawals, crypto exchange CoinFlex plans to issue up to 47M Recovery Value USD tokens, offering a 20% annual return, to repay a $47M debt  —  Cryptocurrency exchange CoinFlex plans to raise funds by issuing a new token that will offer a 20% annual return …
Sarah E. Needleman / Wall Street Journal:
Pinterest CEO Ben Silbermann is stepping down and transitioning to executive chairman, to be replaced by Google's president of commerce Bill Ready  —  The social-media company says Ben Silbermann will transition to executive chairman after leading the company since its founding in 2010
Hadlee Simons / Android Authority:
Arm announces new mobile Armv9 CPUs with improved performance and new GPUs including the flagship Immortalis-G715, its first with hardware-enabled ray-tracing  —  It's that time of the year when industry colossus Arm reveals its new line of CPUs and GPUs that will power the following year's smartphones.
Shannon Liao / Washington Post:
Sony launches InZone, a brand of gaming devices aimed at PC gamers but with tight PS5 integration, starting with 4K and 1080p 27" monitors and three headsets  —  The brand will leverage Sony's high quality display and audio technologies, said Sony home entertainment president Kazuo Kii
Abner Li / 9to5Google:
Google announces Google Public Sector, a new division aiming to bring Google Cloud tech to US educational institutions and federal, state, and local governments  —  Google today is home to two divisions that have their own CEOs: Cloud and YouTube.  “Google Public Sector” was announced today as a …
Jay Peters / The Verge:
Meta tests Discord-like changes in Facebook Groups, adding a channels list in a left-aligned sidebar that can include audio rooms, text chats, and feeds  —  New Groups changes seem inspired directly by Discord  —  Facebook Groups are about to get some big changes, and if you've used Discord …
Andrew Tarantola / Engadget:
NOAA triples its weather modeling capabilities with two supercomputers built by General Dynamics at a cost of $505M, each operating at a speed of 12.1 petaflops  —  Last year, hurricanes hammered the Southern and Eastern US coasts at the cost of more than 160 lives and $70 billion in damages.
Conor Hale / Fierce Biotech:
PicnicHealth, which lets patients manage their health records online and share their medical data with researchers, has raised a $60M Series C led by B Capital  —  Understanding a patient's lifetime journey through the healthcare system is far from a walk in the park, but PicnicHealth aims …
Allison Levitsky / Protocol:
Pave, whose software analyzes HR data to help companies close pay and equity gaps, raised a $100M Series C at a $1.6B valuation and acquired rival Option Impact  —  Option Impact, a benchmark compensation product from Advanced-HR, has a new owner.  —  Pave, a fast-growing Option Impact competitor …
Katie Jennings / Forbes:
Nomad Health, an online marketplace for temporary healthcare jobs, has raised $105M, bringing its total funding to $200M+, as it expands beyond travel nurses  —  When Alexi Nazem was a hospital doctor, he faced a mountain of paperwork and bureaucratic hurdles anytime he wanted to moonlight outside his hospital.
Natasha Lomas / TechCrunch:
London-based Birdie, which offers digital tools to in-home care providers to optimize their workflow, raised a $30M Series B, bringing its total funding to $52M  —  Birdie, a UK-based caretech software-as-a-service maker, has closed a $30 million Series B funding round led by investment firm Sofina …
More: Tech.eu
Reuters:
A deep dive into Truth Social's struggles to build a competitive social media platform, largely because the company alienated tech talent and corporate partners  —  The firebrand former President Trump's social media firm has struggled to build a competitive platform.
Mark Gurman / Bloomberg:
Sources: Samsung Display acquires Germany-based OLED startup Cynora, which specialized in displays for foldable devices, for about $300M for its IP and tech  —  Samsung Display Co. has purchased display company Cynora GmbH for about $300 million, according to people with knowledge of the matter …
More: SamMobile

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
Zoho:
Optimizing Business Finances: Leveraging the Synergy of QuickBooks and Zoho Expense  —  Expenses incurred by employees are an essential part of accounting and must be captured and recorded accurately.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
The Kevin Rose Show:
Gavin Purcell & Kevin Pereira, The Future of AI (#55)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Fri. 05/03 - Apple Earnings Underline Their Predicament
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:00 AM ET, June 29, 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.

More News

Joey D'Urso / @josephmdurso:
Charlie Warzel / The Atlantic:

Earlier Picks

James Vincent / The Verge:
Documented:
Mike Butcher / TechCrunch:
Stephanie Condon / ZDNet:
Jacquelyn Melinek / TechCrunch: