Techmeme
May 28, 2022, 5:50 PM

Top News

Washington Post:
Josh Eidelson / Bloomberg:
The CWA withdraws its bid for a union election next week for staff at an Atlanta Apple store, citing Apple's “sophisticated campaign to intimidate” and COVID-19  —  The labor group trying to organize Apple Inc. employees at an Atlanta store is withdrawing its request for an election …
Rest of World:
Some people in countries with high inflation say they lost thousands in savings after investing in UST, which seemed more stable than their local currency  —  “I have nothing left, not even a penny.”  —  Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
Kate Conger / New York Times:
In an April 4 letter, the SEC told Elon Musk it is probing his March purchases and disclosures of Twitter stock, and whether he was truly a “passive” investor  —  The regulator questioned whether the Tesla chief executive had disclosed his stake at the right time.
Nivedita Balu / Reuters:
Leonid Ragozin / Rest of World:
A profile of inDriver, a ride-hailing app developed in Siberia in 2012, which lets riders and drivers haggle over prices and is now available in 42 countries  —  InDriver's unique haggling feature has seen it expand from its roots in Yakutia to markets around the world.  —  • YAKUTSK, RUSSIA
Preetika Rana / Wall Street Journal:
YipitData: average Uber and Lyft fares in the US hit a record high in April, as they drew ~20% fewer riders and 35% fewer trips in Q1 2022 compared to Q1 2019  —  The companies are cutting costs, bringing back cheaper rides and looking for new ways to woo drivers
Ben Schoon / 9to5Google:
Report: Samsung notified its partners to cut smartphone production for the rest of 2022 and manufacture ~280M devices, down from ~310M as initially planned  —  Samsung is the biggest smartphone manufacturer on the planet, but it's not immune to the pressure that the entire market has been feeling.
Maureen Dowd / New York Times:
Interview with Ted Sarandos about Netflix's recent share price plunge, backing Dave Chappelle's latest comedy special, Hollywood schadenfreude, and more  —  The Netflix executive says he — and the company he helped build — will survive a bout of bad earnings numbers.  — Give this article- - - Read in app
Kashmir Hill / New York Times:
Proctoring companies like Honorlock that track students' keystrokes and cursor movements during exams to prevent cheating allegedly punish normal behavior  —  An unsettling glimpse at the digitization of education.  — Give this article- - - Read in app
Kashmir Hill / New York Times:
A look at PimEyes, a paid facial recognition service that charges up to $300 per month to exclude photos, which some women describe as “essentially extortion”  —  PimEyes is a paid service that finds photos of a person from across the internet, including some the person may not want exposed.
Michelle Ma / Protocol:
Layoffs.fyi data: 60 tech companies cut 16,000+ jobs in May 2022; Microsoft, Nvidia, Lyft, Snap, Uber, Coinbase, Salesforce, Meta, and Twitter slowed hiring  —  What goes up must come down.  —  High-flying startups with record valuations, huge hiring goals and ambitious expansion plans …
Reuters:
A growing number of Chinese tech startups are going public in China at valuations lower than in their private rounds; STAR Market is down nearly 30% in 2022  —  A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China …

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
MicroAcquire:
New opportunities are waiting for you  —  Join 100,000+ entrepreneurs buying and selling startups on the world's #1 acquisition marketplace.  Expertly curated to match serious buyers with pre-vetted startups of all sizes.
Zoho:
From homemaker to mompreneur: Bhavani's digital transformation journey  —  Meet Bhavani, mother of three, homemaker, and ex-teacher from the deep roots of Tamil Nadu.  Setting up her own business has always been her dream.
Storyblok:
The only headless CMS with a visual editor  —  Devs get the flexibility to build experiences for any frontend, while content creators need no coding skills to edit content independently.
Techmeme Ride Home:
Thu. 06/30 - If Sam Bankman-Fried Is Afraid To Give You Money...
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:50 PM ET, May 28, 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

Earlier Picks

Amy Lewin / Sifted:
Jez Corden / Windows Central: