| Paul Vigna / Wall Street Journal: |
One-click checkout service Bolt acquires crypto payments startup Wyre, sources say for around $1.5B, which would make it the largest non-SPAC crypto merger yet — Deal extends crypto's hot M&A market following record deal activity in 2021 — Bolt Financial Inc., a payments-focused financial … | Abner Li / 9to5Google: |
Google releases “multisearch” for Lens, letting users ask questions about photos and screenshots, in beta for US users in English on Android and iOS — One of the most interesting announcements at Google's Search-focused keynote in September was a big upgrade to Lens that lets you take a photo and ask questions about it.| Alyse Stanley / Washington Post: |
Epic Games and Lego partner to “shape the future of the metaverse” by building a digital experience where children can play safely online, but offer few details — Epic Games has already outlined ambitious plans for the metaverse and Thursday the “Fortnite” maker announced it intends to build part of it with Legos.| Manish Singh / TechCrunch: |
Coinbase adds support for the popular UPI payment method in India, making the cryptocurrency exchange functional in the world's second-largest internet market — Coinbase is adding support for the popular UPI payment instrument in India, making its eponymous cryptocurrency exchange functional … | CoinDesk: |
US Treasury Secretary Janet Yellen gives her first speech on digital assets, saying a CBDC “would require years of development, not months”, and more — The U.S. official addressed CBDCs, stablecoins and regulations. — A digital dollar could become a “trusted money comparable … | Jon Fingas / Engadget: |
Twitter tests Unmentioning, a feature that lets users select “leave this conversation” on a tweet to avoid notifications, with some users on the web — Twitter might not have an edit button just yet, but it's still delivering at least one useful feature this week.| Juli Clover / MacRumors: |
Apple releases a report it commissioned from Analysis Group, showing that the company's iOS apps “are rarely the most popular app of a particular type” — Apple today shared a new App Store study that it commissioned from economists at Analysis Group, with the report highlighting … | Jay Peters / The Verge: |
Activision Blizzard will convert all its 1,100 temporary and contingent QA workers to full-time employees on July 1 and raise the minimum hourly rate to $20 — Nearly 1,100 temp game testers are getting full-time jobs with benefits — Activision Blizzard has just announced that all temporary … | Nitasha Tiku / Washington Post: |
Gwyneth Paltrow, Mila Kunis, and other celebrities are pushing women to invest in NFTs, which critics say is a self-serving feminism centered on white women — Gwyneth Paltrow and Mila Kunis joined a Zoom in January to encourage 5,000 women in the audience to break into the male-dominated world of crypto.| Andrew Hayward / Decrypt: |
OpenSea adds Solana NFT trading support in beta with limited coverage of just 165 collections; a marketplace search shows 865K NFTs minted on Solana — At long last, Solana support is finally live on OpenSea—in beta mode. — In brief — Solana NFTs have been added to OpenSea, the largest overall NFT marketplace.| Jacquelyn Melinek / TechCrunch: |
Blockchain audit service CertiK raises an $88M Series B3 led by Insight, Tiger Global and Advent at a $2B valuation, bringing its total funding to $230M — CertiK, a Web3 and blockchain security company, has raised $88 million in its latest round, bringing its valuation to $2 billion.| TechCrunch: |
Leaked recording: after laying off Better.com staff in December 2021, CEO Vishal Garg said the company “made $250M last year” but “probably pissed away $200M” — Vishal Garg admits he ‘failed’ in leaked recording addressing significant staff cuts| Naomi Nix / Washington Post: |
Meta disrupts covert influence operations by Belarus- and Russia-linked actors targeting Ukrainians, like hacking Ukrainian military staff's Facebook accounts — Facebook said Thursday it disrupted several covert influence operations targeting Ukrainians, as the company has intensified … | Anushree Dave / The Block: |
Robinhood expands its crypto wallet to 2M+ users on a waitlist and says it will support transacting on the Bitcoin Lightning Network in the coming months — Quick Take — Eligible Robinhood customers can now send and receive crypto, the company announced Thursday at the Bitcoin 2022 conference in Miami.| Manish Singh / TechCrunch: |
Tata rolls out Tata Neu, a super app merging nearly a dozen services the Indian conglomerate owns or invests in, to take on Flipkart, Jio Platforms, and Amazon — The 154-year-old Indian giant, valued at $103 billion, operates 29 listed companies across nearly a dozen sectors including retail, travel to automobiles| The Economic Times: |
Sources: Indian online learning startup Unacademy laid off around 1,000 employees to cut costs; Unacademy last raised $440M in August 2021 at a $3.4B valuation — Bengaluru: Edtech startup Unacademy has laid off around 1,000 employees, including on-roll and contractual staff, in the past few weeks … | Jonathan Stempel / Reuters: |
Warren Buffett's Berkshire Hathaway discloses the purchase of nearly 121M shares of HP, worth ~$4.2B, for an 11.4% stake; HP's stock is up 15%+ — Berkshire Hathaway Inc (BRKa.N) disclosed on Wednesday that it has purchased nearly 121 million shares of HP Inc (HPQ.N), the latest in a series … | Christine Hall / TechCrunch: |
Mexico City-based online-only supermarket Jüsto raises a $152M Series B led by General Atlantic, after raising a $65M Series A in February 2021 — Jüsto, the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market.| Ingrid Lunden / TechCrunch: |
OpenPhone, which provides SMBs with a business phone line through its mobile app, raises a $40M Series B led by Tiger Global, bringing its total funding to $56M — Pam answering the phone at Dunder Mifflin become one of the most iconic refrains of life at The Office, and it's really no wonder that it did … | Kyle Wiggers / TechCrunch: |
Lilt, which offers business translation using both human translators and AI, raises a $55M Series C led by Four Rivers, bringing its total funding to $92.5M — Lilt, a provider of AI-powered business translation software, today announced that it raised $55 million in a Series C round led by Four Rivers … | Audrey An / The Keyword: |
Google will roll out Privacy Guide in Chrome, a guided tour of privacy and security settings, to all desktop users on version 100 or above “in the coming weeks” — Product Manager, Chrome at Google Safety Engineering Center Munich — Your browser plays a big role in your online experience … | Krystal Hu / Reuters: |
| Song Jung-a / Financial Times: |
Samsung projects Q1 operating profit up 50% YoY to ~$11.6B, the highest since 2018, and revenue up 18% YoY to a record ~$63B on strong smartphone and chip sales — South Korean group's strong sales undercut by performance concerns against rivals Apple and TSMC| Ingrid Lunden / TechCrunch: |
Berlin-based consumer electronics rental service Grover raises a $110M Series C in equity led by Energy Impact Partners and $220M in debt at a $1B+ valuation — A growing number of people are looking for ways to live more sustainably amid increasing concerns over the environment and what we humans keep doing to pollute it.
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