Techmeme
June 2, 2022, 2:50 PM

Top News

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 …
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 …
Jordan Novet / CNBC:
Parmy Olson / Bloomberg:
CNBC:
Source: Sheryl SandbergMore: Bloomberg, Wired, New York Times, Fortune, Wall Street Journal, The Verge, The Guardian, New York Post, Benzinga, Digiday, Associated Press, Noticias Tech, Coinspeaker, TechRepublic, People.com, Fossbytes, WRAL TechWire, Newslit Daily, Android Authority, The Cut, Silicon Canals, Los Angeles Times, Puck, iMore, TechCircle, The Economic Times, BGR India, The Economic Times, Social Media Today, Forbes, Sublink, The Information, Reuters, Newsweek, and The Information
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 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 …
Bloomberg:
FEC data: crypto sector's political donations reached $26.3M in 2021 and Q1 2022, outpacing donations from Big Tech, drug makers, and the defense industry  —  Crypto executives are now pouring more money into US politics than many of America's industrial stalwarts.
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” …
Oshry Alkeslasi / Geektime:
Tel Aviv-based Laminar, which helps companies manage public cloud data security, raises $30M led by Salesforce and Tiger Global, bringing its Series A to $67M  —  The Israeli startup doubles its recruitment from last November and add alongside Sentinel One, Insight, Tiger Global and the support …
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Brian Platt / Bloomberg:
Zack Seward / CoinDesk:
Lauren Forristal / TechCrunch: