Techmeme
March 25, 2022, 9:40 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple paid $100K to $200K in stock-based bonuses to select software and hardware engineers, after giving similar bonuses in December to retain talent  —  Apple Inc. is paying a small number of engineers another round of special stock bonuses as part of an unusual push to retain key talent …
Daniel Michaels / Wall Street Journal:
The EU and US reach a preliminary deal to store data about Europeans on US soil, after the EU declared the previous pact illegal in 2020  —  Agreement could assuage concerns of companies with operations on both sides of the Atlantic  —  BRUSSELS—The U.S. and the European Union reached …
Russell Brandom / The Verge:
Javier Espinoza / Financial Times:
Apple and Google criticize the newly unveiled Digital Markets Act that will force companies designated as gatekeepers to open up their platforms to competitors  —  Apple and Google criticise newly unveiled Digital Markets Act that will force a radical overhaul of their global operations
Samuel Stolton / Politico:
More: The Verge, TechCrunch, European Parliament, The Verge, Reuters, Politico, Associated Press, New York Times, European Commission, 9to5Mac, ZDNet, European Council, BBC, Politico, CNBC, European Parliament, Android Police, XDA Developers, AppleInsider, PYMNTS.com, Protocol, Reuters, New York Times, New Scientist, TechRadar, Chamber of Progress, Variety, OnMSFT.com, Computerworld, Gizmodo, Apple Must, Android Central, Protocol, MacDailyNews, Wired UK, Liliputing, The Diff, iPhone Hacks, Socialists & Democrats, The Mac Observer, MobileSyrup, cybernews.com, CNN, iThinkDifferent, Gerick News, Input, TechCrunch, KD's Newsletter, iMore, and Axios
Amitoj Singh / CoinDesk:
India's parliament approves a 30% capital gains tax on crypto transactions, a 1% tax at the source, and no deductions or losses option, effective as of April 1  —  Amendments sought by the crypto industry were not accommodated, and the policies will go into effect on April 1.
Jem Aswad / Variety:
After suspending its paid subscription service in Russia on March 9, Spotify now plans to fully suspend its service in the country citing the new censorship law  —  Spotify, which suspended its paid subscription service in Russia earlier this month due to that country's unprovoked …
Lauren Kaori Gurley / VICE:
A unit of 12 Google Fiber workers in Kansas City, Missouri, becomes the first NLRB-recognized bargaining unit of the Alphabet Workers Union, a branch of the CWA  —  “We're really hoping that we're the first in a line of dominos.”  —  Lauren Kaori Gurley  —  Google Fiber workers in Kansas City …
FinSMEs:
Ohio-based Triple Whale, an analytics platform for Shopify customers, raises a $27.7M extended Series A led by Elephant VC  —  Triple Whale, a Columbus, Ohio - based operating system for Shopify brands, raised $27.7M in an extended Series A funding.  —  Triple Whale's latest funding round consists …
Naureen S Malik / Bloomberg:
Sources: Exxon has a pilot with Crusoe to use excess natural gas from North Dakota oil wells for crypto mining and is considering expanding the test globally  —  Exxon Mobil Corp. is running a pilot program using excess natural gas that would otherwise be burned off from North Dakota oil wells …
Bloomberg:
Instacart says it has voluntarily cut its valuation to ~$24B to boost recruiting and retention; Instacart was valued at $39B during its latest raise last March  —  Instacart Inc. is slashing its valuation by almost 40% to about $24 billion, a move it says will help the company attract talent and adapt to market conditions.
Juro Osawa / The Information:
Sources: Sequoia China, whose portfolio includes ByteDance and online fashion startup Shein, is in early talks to raise $8B+ across four new funds  —  The Chinese affiliate of Sequoia Capital, whose vast portfolio includes TikTok owner ByteDance and online fashion startup Shein …

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
3 lessons from 1,000+ teams running sales on WhatsApp  —  This is a guest post by Orkhan Jafarli, Growth PM at TimelinesAI.Sales teams of businesses across the world have one thing in common: a meaningful chunk of their pipeline now happens on WhatsApp.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
AI Pioneer Geoffrey Hinton: AI Is Conscious, Superintelligence is Coming, And We Should Be Worried
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
How Dhar Mann Turned After-School Specials Into A Billion-View Business
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Dara Khosrowshahi - Uber's Bet on AVs, AI, and Building a Super-App
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Training Data:
Knowing What Your Customers Want, All the Time: Listen Labs' Alfred Wahlforss
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Grit:
What It Takes to Build Software for 171,000+ Restaurants | Aman Narang
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:40 PM ET, March 25, 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

David Gilbert / VICE:

Earlier Picks

New York Times:
Adi Robertson / The Verge: