Techmeme
March 25, 2022, 11:25 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 …
Russell Brandom / The Verge:
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 …
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 …
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 …
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:
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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 …
Bloomberg:
Mike Frazzini, a longtime Amazon employee who helped start Amazon Games and its current head, is stepping down to focus on his family  —  Mike Frazzini, a longtime Amazon.com Inc. employee who helped start Amazon Game Studios, is stepping down.  The executive told staff Friday he was leaving …

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Earlier Picks

New York Times:
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