Techmeme
June 2, 2022, 3:40 PM

Top News

Bloomberg:
After helping build Google's and Meta's massive ad businesses, 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 …
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 …
Parmy Olson / Bloomberg:
Jordan Novet / CNBC:
CNBC:
Source: Sheryl SandbergMore: Bloomberg, Wired, New York Times, Fortune, Wall Street Journal, The Verge, The Guardian, Digiday, New York Post, Benzinga, Associated Press, Noticias Tech, Coinspeaker, TechRepublic, People.com, Fossbytes, WRAL TechWire, Newslit Daily, Android Authority, The Cut, Silicon Canals, iMore, Los Angeles Times, TechCircle, Puck, The Economic Times, BGR India, The Economic Times, Social Media Today, Sublink, Forbes, The Information, Reuters, and Newsweek
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 …
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.
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 the company canceled a presentation on the topic, which caused a senior manager to resign  —  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 decides to pull 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 …
Carly Page / TechCrunch:
Mandiant: Russia-based cybercriminal group Evil Corp has shifted to a ransomware-as-a-service model to evade December 2019 US sanctions for its Dridex malware  —  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 …

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
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Zoho:
Introducing Advanced Multi-currency Handling  —  Businesses deal with multiple clients across borders and it is a challenging task to collect payments in their preferred currencies.  This is now effortless with our new Advanced Multi-currency Handling.
Census:
Figma's CFO on how they built a $20B business with data  —  From Series B to acquisition, Figma needed Census to scale their business operations on top of their data warehouse.
Climate Draft:
Climate Career Resources for Laid Off Tech Workers  —  Your skills are in demand!  Check out our jobs board, learn about the climate ecosystem, and join our directory to make yourself discoverable to top venture-backed startups.
Techmeme Ride Home:
Mon. 12/05 - Stack Overflow Bans ChatGPT
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 3:40 PM ET, June 2, 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

Andrew Hayward / Decrypt:

Earlier Picks

Alexander Martin / Sky News:
Brian Platt / Bloomberg:
Zack Seward / CoinDesk:
Lauren Forristal / TechCrunch: