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June 8, 2022, 12:45 PM
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memeorandum
WeSmirchTop News
| Elizabeth Dwoskin / Washington Post: |
Source: Twitter's board plans to comply with Elon Musk's demands for internal data on bots, offering its full “firehose”, after a weeks-long impasse — The billionaire is in a protracted battle with the company over information about spam and fake accounts
More:
Reuters, Variety, and FORWARD GC
Tweets: @willoremus, @mikeisaac, @gerritd, @mrinaldesai, @martinsfp, @gottalaff, @caseynewton, and @lizzadwoskin
| Alex Konrad / Forbes: |
After leaving Amazon on July 1, Dave Clark will join supply chain software startup Flexport as co-CEO starting September 1, becoming sole CEO six months later — Former Amazon consumer chief Dave Clark has a new job: co-CEO, and eventually sole CEO, of $8 billion-valued supply chain software startup Flexport.
More:
Insider, Seattle Business Journal, GeekWire, and Bloomberg
Tweets: @typesfast, @alexrkonrad, @amy_k_nelson, @tobi, @kimmaicutler, @buccocapital, @danprimack, @chrisfralic, @mattmday, @delrey, @typesfast, @alexrkonrad, @shaig, and @alexrkonrad
| Ian Allison / CoinDesk: |
Source: Citadel Securities is building a “cryptocurrency trading ecosystem” in partnership with Virtu, Sequoia, Paradigm, and others — The effort also includes Citadel Securities' recent venture capital (VC) backers, Sequoia and Paradigm, with more trading firms to come, according to a source familiar with the plans.
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Protocol, Reuters, The Block, Bloomberg, Blockworks, Finbold, Insider, Ethereum World News, CryptoSlate, Benzinga, and Tech News
Tweets: @wublockchain, @eringriffith, @whalesonly1, @zerohedge, and @zerohedge
| Cristina Criddle / Financial Times: |
Sources: TikTok Shop in the UK is in turmoil after losing at least half its staff, or 20 people, since its launch in October, many citing a toxic workplace — Chinese-owned social media group launches investigation into ‘toxic’ working practices at London offices
More:
City A.M., Insider, and Tech in Asia
| Todd Bishop / GeekWire: |
Internal email: Microsoft splits its HoloLens group as its leader Alex Kipman leaves the company; a recent Insider report described Kipman's “toxic” behavior — Microsoft is splitting its HoloLens mixed reality group and parting ways with Alex Kipman, the leader of the group …
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Insider, Bloomberg, ZDNet, Wall Street Journal, New York Post, Protocol, UploadVR, Windows Central, Road to VR, OnMSFT.com, WinBuzzer, TechSpot, CNBC, OnMSFT.com, TheGamer, The Verge, Engadget, Fossbytes, Neowin, and PC Gamer
Tweets: @ashannstew, @dinabass, @toddbishop, @dinabass, @kentbye, @robaeprice, @dinabass, @ashannstew, and @gartenberg
| Rebecca Bellan / TechCrunch: |
Shared micromobility company Bird confirms plans to lay off 23% of its staff, or about 138 out of 600 workers, spanning across the organization and regions — Shared micromobility company Bird plans to layoff 23% of its staff, according to tech layoff tracker Layoffs.fyi.| Sergiu Gatlan / BleepingComputer: |
In a joint cybersecurity advisory, the NSA, CISA, and the FBI reveal China-backed hackers exploited publicly known vulnerabilities to snoop on network traffic — Several US federal agencies today revealed that Chinese-backed threat actors have targeted and compromised major telecommunications companies …
Source:
National Security …. More:
CyberScoop, CISA, Metacurity, PCMag, Gizmodo, Security Affairs, CISA, The Record, Tech Monitor, Forbes, ZDNet, CNN, The Register, The Hacker News, iTnews, and DataBreaches.net
| Dina Bass / Bloomberg: |
Microsoft plans to “significantly scale down our operations in Russia”, impacting 400+ staff, while continuing “to fulfill our existing contractual obligations” — Microsoft Corp. is substantially reducing its business in Russia, joining the list of prominent technology firms cutting …
More:
The Verge, Windows Central, The Economic Times, Engadget, Barron's Online, Cybernews.com, Gizchina, OnMSFT.com, Neowin, and Reuters
Tweets: @baxiabhishek, @ylitvinenko, and @divestech
| Amrita Khalid / Engadget: |
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IBM, PCMag, Reuters, Gizmodo, DCD, TechSpot, Silicon Republic, TechRadar, PC Gamer, euronews, CRN, The Register, and Reuters. Tweets: @th3j35t3r
| Lawrence Abrams / BleepingComputer: |
The FBI and IRS led an international operation taking down online marketplace SSNDOB that sold the names, SSNs, and dates of birth of about 24 million US people — SSNDOB, an online marketplace that sold the names, social security numbers, and dates of birth of approximately 24 million US people … | Anton Wilen / Bloomberg: |
Saudi Arabia's PIF-backed Savvy Gaming Group acquires an 8.1% stake in Sweden's Embracer for ~$1.05B, following similar deals with Modern Times and Nintendo — Saudi Arabia's wealth fund has made its second $1 billion foray into the Swedish gaming industry this year as part of a drive … | Kate Conger / New York Times: |
Paige Thompson, an ex-Amazon employee accused of stealing 100M+ Capital One customer details, stands trial; her lawyers say she was a “novice white-hat hacker” — A woman is accused of downloading data of more than 100 million Capital One customers.| Rolling Stone: |
Sources: Twitter is fighting a request by the House January 6 committee for its internal Slack conversations, including on moderating tweets about the attack — Exclusive: The tech giant is refusing to hand over internal communications about how it moderated tweets about the Capitol Insurrection, sources tell Rolling Stone
More:
Gizmodo, Insider, and Benzinga
Tweets: @bradmossesq, @jannwolfe, @noahshachtman, @blackamazon, and @repjimbanks
| Odanga Madung / Mozilla Foundation: |
An analysis of political TikTok content in Kenya ahead of the August 9 general election shows hate speech and other problematic content is spreading widely — 2. Extensive Disinformation and TikTok Policy Violations — 3. Looking Back: Familiar Terrain for Kenyans
More:
Gizmodo, Rest of World, Wired, and TechCrunch
Tweets: @odangaring, @carnage4life, @mozilla, and @mozilla
| Brandy Betz / CoinDesk: |
Stock advisor Delphia, which offers an algorithm-based service via its app, raises a $60M Series A led by Multicoin Capital and plans its Delphia Data token — Investors will earn Delphia Data tokens for sharing personal shopping and social media data. — Algorithm-backed stock advisor Delphia …
More:
TechCrunch, Blockworks, and PR Newswire
| Emma Roth / The Verge: |
Mark Zuckerberg says Crayta, a service built on Unreal Engine 4 that lets players create, share, and play games with friends, is coming to Facebook Gaming — The Roblox-meets-Fortnite platform lets you build games with friends — Crayta, a platform that lets players create, share …
Source:
Facebook. More:
VentureBeat, TechCrunch, The Sun, Protocol, and Adweek
Tweets: @metanewsroom, @nickstatt, @nickstatt, and @mattnavarra
| Mary Ann Azevedo / TechCrunch: |
Fruitful, a financial planning app in beta that offers advice for $98/month, emerges from stealth with a $25M Series A and $8M seed — As inflation continues to grow persistently higher, millions of Americans are struggling financially. — With that struggle comes a whole lot of financial stress.| Paul Gillin / SiliconANGLE: |
Immuta, which offers cloud-native data governance tools, raises a $100M Series E led by NightDragon at a $1B valuation, bringing its total funding to $267M — Data security startup Immuta Inc. today said it has raised a $100 million late-stage funding round that pegs the company's valuation at $1 billion.
More:
FinSMEs, VentureBeat, TechCrunch, SecurityWeek, and Tech News
| Ingrid Lunden / TechCrunch: |
London- and NY-based Multiverse, which finds diverse candidates to fill apprenticeships, raises a $220M Series D, following a $130M Series C in September 2021 — We've been tracking a worrying trend of layoffs in the technology industry, but that is not the full story.
More:
Forbes, FinSMEs, PR Newswire, and Sifted
| Jonathan Greig / The Record: |
Massachusetts-based Shields Health Care Group says hackers accessed databases containing personal data like SSNs and medical info of 2M patients in March 2022 — The sensitive information of two million people was accessed during a cyberattack on Shields Health Care Group …
Source:
Shields Health Care Group. More:
BetaNews, DataBreaches.net, HealthITSecurity, SecurityWeek, SC Media, BleepingComputer, and GovInfoSecurity
| Sarah McBride / Bloomberg: |
Vanta, which offers enterprise data security compliance tools, raises $100M led by Craft Ventures at a $1.4B valuation — In some ways, Vanta Inc. looks like a startup from a frothier era. It's run by a 35-year-old entrepreneur in San Francisco and sells software primarily to other startups.Thanks:@mariesdiamond
| Ron Miller / TechCrunch: |
Salesforce announces NFT Cloud, a service for buying and selling NFTs, available in a closed preview — Who knows whether it's FOMO or actual customer demand for such a thing, but Salesforce announced today that it's launching a pilot of NFT Cloud, a new platform for buying and selling these crypto assets.
More:
PR Newswire, Insider, IT Management, and SearchCustomerExperience
| Anita Ramaswamy / TechCrunch: |
Brooklyn-based Entropy, a decentralized crypto custodian that works across blockchains, raises a $25M seed led by a16z, following a $1.95M pre-seed in January — Tux Pacific isn't your average tech founder. They're a self-taught cryptographer who dropped out of college … Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
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Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
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IDrive:
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Sources:
Mark Zuckerberg on Muse, Meta's biggest AI bet yet
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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