Techmeme
March 25, 2022, 6:10 PM

Top News

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 …
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:
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, European Parliament, TechCrunch, The Verge, The Verge, Politico, Reuters, New York Times, Associated Press, European Commission, Politico, European Council, 9to5Mac, PYMNTS.com, 9to5Mac, BBC, ZDNet, Tech Monitor, Silicon Republic, CNBC, TechCrunch, Ars Technica, XDA Developers, New Scientist, Android Police, TechRadar, Protocol, Big Technology, Protocol, Euractiv, Reuters, Wall Street Journal, MacDailyNews, New York Times, AppleInsider, Variety, Macworld, Input, Chamber of Progress, MobileSyrup, iPhone in Canada Blog, CoinDesk, OnMSFT.com, Computerworld, Gizmodo, Wccftech, The Register, Apple Must, Android Central, Light Reading, Liliputing, The Diff, The Mac Observer, KD's Newsletter, iMore, Axios, Transistori, European Parliament, SiliconANGLE, Engadget, France 24, Social Media Today, The Hill, and Reuters
Naureen S Malik / Bloomberg:
Sources: Exxon is running a pilot to use excess natural gas from North Dakota oil wells to power 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 …
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 …
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.
Amitoj Singh / CoinDesk:
Indian parliament approves a 30% capital gains tax on crypto transactions, in effect starting April 1  —  Amendments sought by the crypto industry were not accommodated, and the policies will go into effect on April 1.  —  Indians will begin paying a capital gains tax of 30% on crypto transactions …
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 …
New York Times:
The DOJ charges four Russian officials for alleged hacking campaigns from 2012 to 2018 on critical US infrastructure, including a Kansas nuclear power plant  —  The announcement covered hackings from 2012 to 2018, but served as yet another warning from the Biden administration of Russia's ability to conduct such operations.

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:
Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research  —  Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …
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:
SpaceX's IPO Triumph, Anthropic's Fable Fumble, OpenAI's Price War
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.
Access:
A top iPhone app developer reacts to Apple's new Siri
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Hard Fork:
'Hard Fork' Live, Part 1: Satya Nadella and Cindy Cohn
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.
The Upstarts Podcast:
TBC's Alex Ksendzovsky: The Neurosurgeon Using Brain Cells To Build Better AI
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
BG2 Pod:
The SpaceX IPO, Fable 5, AI Capex Update & Market Check w/ Gavin Baker, Andrew Fox & Clark Tang
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:10 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

Mike Peterson / AppleInsider:
Kellen Browning / New York Times:
Adi Robertson / The Verge: