Techmeme
June 3, 2022, 10:10 AM

Top News

Anushree Dave / The Block:
Coinbase extends its hiring freeze “for as long as this macro environment requires” and will “rescind a number of accepted offers”, updating new hires by email  —  Coinbase is rescinding some accepted job offers and extending an existing pause on hiring new candidates …
CoinDesk:
NY state senate passes bill that would ban crypto-mining operations powered by carbon-based sources for two years; governor now needs to sign bill or veto it  —  The state Assembly already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.
Wall Street Journal:
Sources: Sandberg left Meta feeling burned out and amid an internal probe into her activities, including using corporate resources to plan her wedding  —  One of the world's most powerful executives became increasingly burned out and disconnected from the mega-business she was instrumental in building.
Todd Bishop / GeekWire:
Microsoft releases four principles recognizing its employees' rights to organize; president Brad Smith promises an “open and constructive approach” to unions  —  Conceding that the rise of labor unions in tech may ultimately reach its own business, Microsoft released a new set …
Rebecca Bellan / TechCrunch:
GM's Cruise secures a permit to charge fares for its driverless robotaxi service in San Francisco, which will operate from 10PM to 6AM on select streets  —  Cruise, the autonomous vehicle unit of General Motors, has finally been given the green light to start charging fares for its driverless robotaxi service in San Francisco.
Mark Gurman / Bloomberg:
Sources: Apple plans to improve retail staff schedules, raising minimum hours between shifts from 10 to 12, no work for more than five days in a row, and more  —  Apple Inc. has agreed to make work schedules at its retail stores more flexible, according to employees with knowledge of the plans …
Simon Sharwood / The Register:
Atlassian warns users to restrict internet access to its Confluence software, or disable it, in light of an unpatched critical RCE flaw actively under attack  —  CISA's suggested action is to take the thing offline until it can be fixed, Atlassian has added a possible defence
Taylor Lorenz / Washington Post:
Influencers who focused on the Johnny Depp vs. Amber Heard trial made thousands of dollars through platform incentives, shaping public opinion in the process  —  Influencers discovered there's money and clout to be made in covering breaking news  —  When the verdict came …
Ryan Gallagher / Bloomberg:
Internet censorship tech provider Sandvine says it is pulling out of Russia; internal records show it had deals with two ISPs, including Russia's second largest  —  In 2017, the Canadian technology firm Sandvine merged with a Silicon Valley rival, Procera Networks.
Nikhilesh De / CoinDesk:
The CFTC sues Gemini, alleging that the crypto exchange's staff misled the federal regulator during Gemini's 2017 effort to launch bitcoin futures contracts  —  Gemini partnered with Cboe to try and launch what would have been the nation's first bitcoin futures contracts.
Edward Ongweso Jr / VICE:
Masayoshi Son used SoftBank's Vision Fund to build a society mediated by AI, but failed as he invested in firms with exploitative technology, not explorative  —  Masayoshi Son used SoftBank and its $100 billion Vision Fund to remake the world in its image.  It's not a pleasant picture.

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Mark Gurman / Bloomberg:

Earlier Picks

Ashley Carman / Bloomberg:
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Hema Parmar / Bloomberg:
David Pierce / The Verge: