Techmeme
May 24, 2022, 10:45 AM

Top 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 …
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 …
Mimi Billing / Sifted:
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 …
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 …
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%▼ …
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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