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May 24, 2022, 10:45 AM
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memeorandum
WeSmirchTop News
| Devin Coldewey / TechCrunch: |
Google Research details Imagen, an AI-based text-to-image generator to rival OpenAI's DALL-E 2, and says it won't release code or a public demo at this time — The AI world is still figuring out how to deal with the amazing show of prowess that is DALL-E 2's ability to draw/paint/imagine … | Kif Leswing / CNBC: |
Snap stock drops 39%+ after Evan Spiegel warns employees the company will miss its Q2 revenue and earnings targets and plans to slow hiring — - Snap will miss its own targets for revenue and adjusted earnings in the current quarter, CEO Evan Speigel warned on Monday in a note to employees.| Nathan Ingraham / Engadget: |
As Street View turns 15, Google announces several updates, including historical imagery on iOS and Android and a smaller camera system for its cars — Street View for Google Maps launched 15 years ago this week, and Google is taking advantage of the anniversary to drop some updates …
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The Keyword, The Verge, MacRumors, PCMag, CNN, The Economic Times, Android Police, The Keyword, GSMArena.com, Fortune, Fossbytes, Mashable, and 9to5Google
| Issie Lapowsky / Protocol: |
How Mark Zuckerberg and Priscilla Chan's $419M donation to US local and state election officials in 2020 has become a target of right-wing conspiracies — If Mark Zuckerberg could have imagined the worst possible outcome of his decision to insert himself into the 2020 election … | James Vincent / The Verge: |
Delivery startup Gorillas lays off half its “global office workforce”, around 300 people, and will reassess its operations in Italy, Spain, Denmark, and Belgium — An unsustainable business or just a side effect of the tech downturn? — Grocery app Gorillas …
Source:
gorillas.io. More:
Sifted, TechCrunch, Silicon Republic, and Bloomberg
Tweets: @carnage4life, @carnage4life, @yattisoni, @sarthakgh, @slingshotcap, @sameer_singh17, and @mparts_
| Mimi Billing / Sifted: |
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TechCrunch, Insider, Sublink, Protocol, CNBC, Klarna, The Verge, Silicon Canals, Silicon Republic, International Business Times, AltFi, Input, PYMNTS.com, Silicon Valley Business …, Finextra, The Block, and Financial Times
Tweets: @gergelyorosz, @iatalkspace, @siftedeu, and @amyrlewin
| Kyle Wiggers / TechCrunch: |
Cribl, which helps companies monitor and analyze data created by their infrastructure, raises a $150M Series D led by Tiger, source says at a $2.5B valuation — In software development, observability refers to keeping watch over all of an app's components, from mobile and web clients to backend infrastructure.| Financial Times: |
At Andy Jassy's first Amazon shareholder meeting this Wednesday, filings show the company will oppose all 15 proposals, the most it has faced since 2010 — Proposals at this week's AGM will be test of leadership for new chief Andy Jassy — Amazon shareholders will challenge the company on executive pay … | Adam Beam / Associated Press: |
CA State Assembly approves a bill letting parents sue social media companies if children become “addicted” to the companies' products; bill needs a final vote — SACRAMENTO, Calif. (AP) — California could soon hold social media companies responsible for harming children …
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Insider and California Legislative Information
| Simon Jessop / Reuters: |
Flowcarbon, a blockchain-based carbon credit trading service, raises $32M led by a16z and $38M from selling its Goddess Nature Token — LONDON (Reuters) - Flowcarbon, a blockchain-enabled carbon credit trading platform backed by WeWork founder Adam Neumann, has raised $70 million …
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CoinDesk, The Block, Andreessen Horowitz, FinSMEs, and Business Wire
Tweets: @thestalwart, @stshank, @mayazi, and @mayazi
| Wall Street Journal: |
Sources: Broadcom is in talks to pay ~$140 per share, or about $60B, for VMware, and the companies are aiming to announce the cash-and-stock deal on Thursday — The two companies are aiming to announce the cash-and-stock deal Thursday — Broadcom Inc. AVGO -3.10%▼ …
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ExchangeWire.com, The Register, CNBC, IT PRO, Network World, Silicon Valley Business …, MarketWatch, Mobile World Live, Electronics Weekly, Fox Business, Seeking Alpha, Seeking Alpha, ARN, GovCon Wire, Investor's Business Daily, Channel NewsAsia, Yahoo Money, Financial Times, Bloomberg, The Information, CNBC, Bloomberg, CRN, CRN, SC Media, iPhone in Canada Blog, Crunchbase News, The Register, CRN, Channel Futures, Telegraph, and Bloomberg
Tweets: @wsj, @gs_capsf, @sarbjeetjohal, @dvellante, @ctoadvisor, @dylan522p, and @cjkonrad
| Gené Teare / Crunchbase News: |
Monte Carlo, which uses AI to monitor data reliability, raises a $135M Series D led by IVP at a $1.6B valuation, bringing its total funding to $236M — San Francisco-based Monte Carlo, a company that tracks data reliability, raised a $135 million Series D led by IVP.
More:
SiliconANGLE, TechCrunch, Forbes, and Monte Carlo Data
| Sarah Perez / TechCrunch: |
TikTok plans to roll out Live subscriptions, to let creators generate recurring revenue via payments from their top fans, in beta on May 26 with select creators — TikTok is ramping up its competition with Twitch, YouTube, and others with this week's launch of TikTok LIVE subscriptions …
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TikTok, Phandroid, Tech Xplore, Gizchina, The Verge, Dexerto, and Social Media Today
Tweets: @carnage4life and @zacharydiaz
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