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

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Transform ML Experimentation with Tangle  —  Save months of compute time with Tangle, built by Shopify.  Try this open-source platform to simplify ML workflows, ensure reproducibility, and seamlessly share with collaborators.
Zoho:
Contract Signed.  Project Ready.  Tasks Created.  —  Every project begins with a promise; a contract that outlines the deliverables, the timelines, and the terms.  But for most businesses …
Bitrix24:
Bitrix24 powers the next generation of high-performing businesses  —  Chat, projects, CRM, and automation — all in one place.  Replace dozens of tools so your team moves faster, collaborates smarter, and grows effortlessly.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Hard Fork:
OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
Is Roblox making the internet better or worse? We asked the CEO
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Lenny's Podcast:
Why LinkedIn is turning PMs into AI-powered "full stack builders" | Tomer Cohen (LinkedIn CPO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
Code red: our favorite tech rivalries
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
How An AI Model Learned To Be Bad — With Evan Hubinger And Monte MacDiarmid
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.
 

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: