Techmeme
June 2, 2022, 2:20 PM

Top News

Ina Fried / Axios:
Meta announces a broad AI reorganization: VP of AI Jerome Pesenti will leave later in June, the Responsible AI team will join the Social Impact team, and more  —  Facebook parent Meta announced a broad reorganization of its AI efforts Thursday, a move that will embed more work within product teams …
Bloomberg:
After helping build Google's and Meta's massive ad business, Sheryl Sandberg's legacy is complicated by blind spots on data, misinformation, and more  —  Sheryl Sandberg once remarked that she felt she was put on earth to scale organizations — and during her career as one of the most powerful executives …
Jordan Novet / CNBC:
Parmy Olson / Bloomberg:
CNBC:
Source: Sheryl SandbergMore: Bloomberg, Wired, New York Times, Fortune, Wall Street Journal, TechCrunch, The Verge, The Guardian, New York Post, Benzinga, Digiday, Associated Press, Los Angeles Times, Puck, Noticias Tech, Coinspeaker, Newslit Daily, Android Authority, TechRepublic, People.com, The Cut, Silicon Canals, Fossbytes, WRAL TechWire, TechCircle, iMore, The Economic Times, BGR India, The Economic Times, Social Media Today, Forbes, Sublink, The Information, Reuters, The Information, Newsweek, and CNET
Ashley Carman / Bloomberg:
Spotify's “white noise” podcasters are making thousands of dollars per month creating soothing sounds, a growing market that major networks have yet to explore  —  People on the prowl for a new podcast to consume often go for a stimulating option like a political debate or a true crime mystery to quicken the pulse.
Hema Parmar / Bloomberg:
Tiger Global's investor letter shows its fund dropped 14.2% in May, due to losses in tech stocks and markdowns in private assets, pushing its 2022 losses to 52%  —  Losses at Tiger Global Management reached 52% this year, prompting the firm to cut management fees and create separate accounts …
Brenda Goh / Reuters:
Amazon plans to stop supplying retailers in China with Kindles, close its Kindle e-bookstore in China on June 30, 2023, and remove the Kindle app in 2024  —  Amazon.com (AMZN.O) said it will stop supplying retailers in China with its Kindle e-readers from Thursday and will shut its Kindle e-bookstore …
Nitasha Tiku / Washington Post:
Some Google staff say Google is willfully ignoring caste bias after it canceled a presentation on the topic, which led to the resignation of a senior manager  —  The rising Hindu nationalist movement that has spread from India through the diaspora has arrived inside Google, according to employees and an activist on caste bias.
Arun Padmanabhan / The Economic Times:
ExpressVPN says it is pulling its servers out of India, citing the impossibility of complying with an upcoming mandate to record users' names and activities  —  New Delhi: Virtual private network (VPN) operator ExpressVPN is pulling its servers out of India, citing the impossibility of complying …
Andrew Hayward / Decrypt:
The Solana blockchain was down for about four hours on Wednesday after a bug blocked consensus; network validators disabled the feature to restart the network  —  SOL is down 11% for the day as Solana dealt with another period of downtime, forcing a rollback and restart by validators.  —  In brief
Alexander Martin / Sky News:
US Cyber Command head Paul Nakasone confirms that US military hackers have conducted cyberattacks in support of Ukraine in response to Russia's invasion  —  In an exclusive interview with Sky News, General Paul Nakasone confirmed for the first time that the US had “conducted a series of operations” …
Carly Page / TechCrunch:
Mandiant: the Russia-based cybercriminal group known as Evil Corp has shifted to a ransomware-as-a-service model in an effort to evade 2019 US sanctions  —  The Russia-based cybercriminal group known as Evil Corp has shifted to a ransomware-as-a-service model in an effort to skirt U.S. sanctions …

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Brian Platt / Bloomberg:
Zack Seward / CoinDesk:
Lauren Forristal / TechCrunch: