Techmeme
June 8, 2022, 9:10 PM

Top News

Elizabeth Dwoskin / Washington Post:
Source: Twitter's board plans to comply with Elon Musk's demands for internal data on bots by offering access to 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
Mark Gurman / Bloomberg:
Apple will handle Apple Pay Later's lending, a first for the company; in-house subsidiary Apple Financing LLC will oversee credit checks and make loan decisions  —  Apple Inc. will handle the lending itself for a new “buy now, pay later” offering, sidestepping partners as the tech giant pushes deeper …
Prakhar Khanna / Digital Trends:
Apple says Stage Manager is limited to M1 iPads because the feature relies on iPadOS 16's fast memory swap, which lets demanding apps use storage as virtual RAM  —  At its Worldwide Developers Conference (WWDC) 2022, Apple announced numerous new features for iPadOS 16.
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.
Cristina Criddle / Financial Times:
Sources: since its launch in October 2021, TikTok Shop in the UK has lost ~50% of its staff, or at least 20 people, due to a culture clash with Chinese owners  —  Chinese-owned social media group launches investigation into ‘toxic’ working practices at London offices
Florence Ion / Gizmodo:
Google releases Android 13 Beta 3 for Pixel phones and says Android 13 has reached platform stability, meaning the developer APIs and how apps perform are final  —  As the beta reaches Platform Stability, Google would like to remind you that Android tablets aren't dead yet.  —  Alerts
Malathi Nayak / Bloomberg:
Meta faces eight lawsuits this week that claim its algorithms lead to attempted suicide, eating disorders, sleeplessness, and other issues in young people  —  Meta Platforms Inc. is now a leader in another social media trend — lawsuits claiming the company built algorithms in its platforms …
Andrew Asmakov / Decrypt:
Ethereum's proof-of-stake Merge upgrade goes live on Ropsten, Ethereum's oldest testnet for blockchain development testing before deployment on the mainnet  —  First rolled out in 2016, Ropsten is Ethereum's oldest testnet that allows for blockchain development testing before deployment on the mainnet.
Joe Rossignol / MacRumors:
Apple's iOS 16 introduces the ability to transfer an eSIM from another iPhone via Bluetooth while setting up cellular service  —  iOS 16 introduces a useful new feature that allows an eSIM to be transferred between iPhones via Bluetooth while setting up cellular service.
Dina Bass / Bloomberg:
Microsoft plans to “significantly scale down” its operations in Russia, impacting 400+ staff, while continuing to fulfill its “existing contractual obligations”  —  Microsoft Corp. is substantially reducing its business in Russia, joining the list of prominent technology firms cutting …
Ian Allison / CoinDesk:
Source: Citadel Securities is building a “cryptocurrency trading ecosystem” in partnership with market maker Virtu, VC firms Sequoia and Paradigm, and others  —  The effort also includes Citadel Securities' recent venture capital (VC) backers, Sequoia and Paradigm …
Odanga Madung / Mozilla Foundation:
Analysis of disinformation on TikTok ahead of Kenya's August 9 general election: hate speech, community incitement, and manipulated content is spreading widely  —  2. Extensive Disinformation and TikTok Policy Violations  —  3. Looking Back: Familiar Terrain for Kenyans
Ron Miller / TechCrunch:
Salesforce announces a closed pilot of NFT Cloud, a service for buying and selling NFTs; Salesforce SVP says CMOs and CDOs “are asking for help entering web3”  —  Who knows whether it's FOMO or actual customer demand for such a thing, but Salesforce announced today that it's launching …
Alex Heath / The Verge:
Meta's head of infrastructure David Mortenson steps down; engineering and infrastructure VP Santosh Janardhan, his direct report, will take over later in June  —  The change comes days after the announced departure of Sheryl Sandberg  —  Another executive change is hitting Meta …
Emma Roth / The Verge:
Mark Zuckerberg says Crayta, Meta's collaborative game building software built on Unreal Engine 4, is coming to Facebook Gaming's cloud gaming service  —  The Roblox-meets-Fortnite platform lets you build games with friends  —  Crayta, a platform that lets players create, share …
Alex Wilhelm / TechCrunch:
The Block: weekly NFT sales declined by just over 70% from a high of nearly 1M units in the third week of 2022 to 250K+ at the end of May 2022  —  The consumer trading boom has deflated, pushing unicorns and recently public companies alike into defensive modes.
Anton Wilen / Bloomberg:
Saudi Arabia's PIF-backed Savvy Gaming Group acquires an 8.1% stake in Sweden's Embracer for ~$1.05B, after its Modern Times acquisition and Nintendo investment  —  Saudi Arabia's wealth fund has made its second $1 billion foray into the Swedish gaming industry this year as part of a drive …

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Michael del Castillo / Forbes:
Sergiu Gatlan / BleepingComputer:
Todd Bishop / GeekWire: