Techmeme
May 9, 2022, 8:25 AM

Top News

Danny Nelson / CoinDesk:
Sources: Instagram will launch an NFT pilot, with Ether, Polygon, Solana, and Flow integrations, on Monday in the US and will not charge users for sharing NFTs  —  NFTs from some of the most popular blockchain networks for crypto art are coming to Instagram with the announcement of a pilot …
CNBC:
In an email to staff, Uber CEO Dara Khosrowshahi says the company will cut spending on marketing and incentives, treat hiring as a “privilege”, and more  —  - Uber will slash spending on marketing and incentives and treat hiring as a “privilege,” CEO Dara Khosrowshahi said in an email to staff on Sunday.
Zoë Schiffer / @zoeschiffer:
Ian Goodfellow, Apple's director of ML, is leaving due to its return to work policy, saying in a note that “more flexibility would have been the best policy”  —  Ian Goodfellow, Apple's director of machine learning, is leaving the company due to its return to work policy. In a note to staff, he said “I believe strongly that more flexibility would have been the best policy for my team.” He was likely the company's most cited ML expert.
Sidhartha Shukla / Bloomberg:
Bitcoin falls by up to 4.6% to $32,800, its lowest level since July 2021, as investors back away from risky investments; Cardano, Polkadot, and others also drop  —  Bitcoin slumped to a level last seen in July 2021, part of a wider retreat in cryptocurrencies triggered by a global flight from riskier investments.
Isabela Fleischmann / Bloomberg Línea:
An interview with former SoftBank COO Marcelo Claure on his investment firm Claure Group, his current relationship with Masayoshi Son, helming WeWork, and more  —  Bloomberg Línea — For many, Bolivia-born Marcelo Claure (51), former SoftBank COO, was a kind of King Midas …
More: Protocol
WABetaInfo:
WhatsApp announces Message Reactions, support for sharing files up to 2GB in size, and is rolling out the ability to add up to 512 people to a group  —  Like Love Haha Wow Sad Angry  —  After announcing to release the ability to react to messages to everyone on the latest versions of WhatsApp for Android …
Mark Gurman / Bloomberg:
Opinion: Apple has the technical chops to safely open up its NFC chip for third party payments apps, and the main reason it is not doing it is the revenue  —  Apple's latest antitrust battle is all about Apple Pay and how the company reserves the tap-to-pay feature for its own service.
Tage Kene-Okafor / TechCrunch:
Egypt-based Paymob, which lets merchants accept digital payments online and in-store, raises a $50M Series B, bringing its total raised to $68.5M+  —  Egyptian fintech Paymob, which enables merchants to accept digital payments online and in-store, announced today it has raised $50 million in Series B funding.
Ina Fried / Axios:
If Roe v. Wade gets overturned, any location and search data about users collected by tech companies might be used in abortion-related criminal prosecutions  —  The treasure troves of data tech companies have spent decades accumulating could put them right in the middle of efforts …

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