Techmeme
June 5, 2022, 10:25 AM

Top News

Emily Birnbaum / Politico:
In an email chain mistakenly forwarded to Politico, an Amazon spokesperson asked a consultant to push a narrative that the AICO Act would harm people of color  —  It's the latest instance of a tech company arguing that regulation would harm communities of color.
New York Times:
Sources: Apple enlisted Hollywood directors like Jon Favreau to make video content for its mixed reality headset that resembles ski goggles and may ship in 2023  —  The company has enlisted Hollywood directors like Jon Favreau to help its effort to create products that blend the physical and virtual worlds.
Eli Tan / CoinDesk:
Yuga Labs confirms BAYC Discord server hack with 200 ETH worth of NFTs stolen, the third time a bad actor impersonated a Yuga Labs-run account to steal funds  —  The company behind the Bored Apes NFTs made the disclosure 11 hours after word of the exploit surfaced on Twitter.
Manish Singh / TechCrunch:
Google stops businesses from using RCS for promotions in India, following reports that top banks and other companies are abusing the feature to send spam  —  Google has disabled businesses ability to use RCS for promotion in India, the company's biggest market by users …
Maxwell Strachan / VICE:
The pivot to Web3, driven by ideology rather than utility, is akin to a “collective Theranos” that's warping the economy to benefit professional investors  —  It can feel as if the entire world is bolting on crypto tokens and NFTs.  Many in the industry worry the gold rush is akin to a …
Reuters:
Yandex CEO and co-founder Arkady Volozh resigns after being included in the latest European Union's sanctions list; the company itself has not been sanctioned  —  Russian internet giant Yandex (YNDX.O) said on Friday that Arkady Volozh had stepped down as CEO and left the board of directors …
Jena McGregor / Forbes:
Guild Education, a marketplace for lower-skilled workers to find higher education programs, raises a $175M Series F at a $4.4B valuation, up from $3.75B in 2021  —  Guild Education cofounder and CEO Rachel Romer Carlson is no stranger to celebrity: She worked in the Obama White House …
Russell Brandom / The Verge:
The New York State Assembly passes the first right-to-repair bill in the US covering electronics; Governor Kathy Hochul is expected to sign the measure  —  ‘Repairs should become less expensive and more comprehensive’ because of the new measure, says iFixit

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