| C-SPAN.org: |
Video of Adam Mosseri's testimony before a Senate Commerce subcommittee examining Instagram's negative effects on teen mental health — Instagram CEO testifies on impact of platform on young users before a Senate Commerce subcommittee.| Karissa Bell / Engadget: |
Instagram plans to bring back “a version” of its chronological feed in Q1 2022, as it experiments with other options for users including a “favorites” feed — After more than five years, Instagram plans to bring back “a version” of its chronological feed next year, the company's top executive said on Wednesday.| Bloomberg: |
| Russell Brandom / The Verge: |
A US appeals court grants a stay in the Epic v. Apple ruling, letting Apple keep its IAP system as the sole source of iOS in-app payments as the case proceeds — Apple can maintain its App Store payment monopoly while the case proceeds — An appeals court has paused one of the most consequential parts … | Kollen Post / The Block: |
At a congressional hearing with six crypto executives, committee members voiced concerns about stablecoins and exchanges but showed a warming up to crypto — Quick Take — Today's hearing before the House Financial Services Committee confirmed: Congress is warming up to crypto.| Jackie Davalos / Bloomberg: |
Kickstarter plans to transition its crowdfunding site to a newly created blockchain-based protocol in 2022, and will offer tools for others to build on it — It's creating a new company to develop and distribute the technology. — For more than a decade, Kickstarter PBC has convinced … | Abner Li / 9to5Google: |
Google confirms a permanent fix is coming for a bug that prevents some Android users from calling 911 if Microsoft Teams is installed but they are not logged in — Last week, a user reported that their Pixel 3 was not able to dial 911 (emergency services in the US).| Will Douglas Heaven / MIT Technology Review: |
DeepMind claims its language model RETRO matches the performance of neural networks 25 times its size, cutting the time and cost to train large language models — RETRO uses an external memory to look up passages of text on the fly, avoiding some of the costs of training a vast neural network| Amanda Silberling / TechCrunch: |
Twitter tests turning its in-app Explore page into a TikTok-like feed with For You and Trending tabs, amid similar experiments from Netflix, Spotify, and Reddit — Twitter posted today that its testing a feature that would turn its in-app explore page into a TikTok-like video feed, complete with even a “For You” tab.| Andrew Thurman / CoinDesk: |
SushiSwap CTO Joseph Delong resigns after reports of project infighting and a 50% drop in the token's price over the past month — The technical lead for one of DeFi's most prominent protocols is out after weeks of controversy and a 50% drop in the price of SUSHI over the last month.| Politico: |
Italy's competition authority fines Amazon €1.13B for allegedly abusing its market position and harming competitors in e-commerce logistics — Italy's competition authority announced Thursday it was slapping a €1.13 billion fine on Amazon for abusing its dominant position in the market … | Sara Fischer / Axios: |
Roku says it has agreed to a multi-year extension with Google for distributing YouTube and YouTube TV apps on its devices; Roku's stock is up 18%+ — Roku and Google have agreed to a multi-year extension for both YouTube and YouTube TV apps to be distributed on Roku.| Mayank Parmar / BleepingComputer: |
Amazon says it will shut down its global website ranking system Alexa.com on May 1, 2022, after 26 years of operation — Amazon announced on Wednesday plans to shut down its global website ranking system and competitor analysis tool “Alexa.com”, which has been available for 25 years.| Steve Dent / Engadget: |
Facebook is testing a Professional Mode, letting eligible creators monetize their profiles, including the Reels Play bonus program that offers up to $35K/month — Facebook has launched a new professional mode for profiles that will let eligible creators earn money without the need to create a separate Page.| Crystal Tse / Bloomberg: |
HashiCorp raises $1.2B in its IPO after selling shares at $80, up from a marketed range of $68 to $72, giving it a $14B valuation — - Cloud software firm prices shares above marketed range at $80 — Startup formed by onetime Seattle classmates worth $16 billion| Reuters: |
Microsoft will change its hiring process as part of a settlement with the DOJ, which says it found at least six instances of immigration-related discrimination — The U.S. Justice Department said on Tuesday it reached a settlement with Microsoft Corp (MSFT.O) resolving allegations … | New York Times: |
EU Commission proposes rules turning gig workers into employees, affecting up to 4.1M workers; EU estimates 28M work through digital labor platforms in the bloc — A proposal with widespread political support would entitle drivers and couriers for companies like Uber to a minimum wage and legal protections.| Ivan Levingston / Bloomberg: |
Adobe agrees to acquire ContentCal, which helps creators automate social media publishing and reporting tasks, sources say for more than $100M in cash — Adobe Inc. will acquire U.K. social media marketing startup ContentCal in a deal that aims to give users, particularly small businesses … | Rebecca Bellan / TechCrunch: |
Robotic Research, which makes on and off-road autonomous vehicles for the US DoD, raises a $228M Series A led by SoftBank Vision 2 and Enlightenment Capital — Robotic Research, a self-driving technology company that has spent the last two decades developing on and off-road autonomous vehicles … | Manish Singh / TechCrunch: |
Byju's acquires Austria-based GeoGebra, which develops an interactive math learning tool reaching 100M students, source says for $100M in cash and stock — Byju's has acquired Austria-headquartered GeoGebra, the latest in a series of purchases by the Indian edtech giant this year as it scales … | Nicole Wetsman / The Verge: |
Department of Health and Human Services: data breaches in 2021 exposed the health information of 40M+ people in the US, up from 26M in 2020 — Hacks and thefts of health data spiked in 2021 — Over 40 million people in the United States had their personal health information exposed … | Bloomberg: |
A look at the ethical minefield of VCs making personal startup bets ahead of follow-up investments from their VC firms, like at GV, BlackRock, DST, and others — Making personal investments in startups is common for VCs but can be an ethical minefield. — Consider this scenario … | Mary Ann Azevedo / TechCrunch: |
Better.com CEO Vishal Garg apologizes for how he handled firing ~900 employees, 9% of his workforce, over Zoom, as a report says Better.com is delaying its SPAC — Better.com CEO Vishal Garg apparently realizes he's done wrong. — (As if the barrage of negative publicity wasn't enough evidence of that.)
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| Queenie Wong / CNET: |
| Kurt Wagner / Bloomberg: |
| Neal E. Boudette / New York Times: |
| Sebastian Herrera / Wall Street Journal: |
| Steve Lohr / New York Times: |
| Andrew Hayward / Decrypt: |