Techmeme
June 10, 2022, 3:50 PM

Top News

Wall Street Journal:
Sources: a Meta probe that began in Fall 2021 is investigating Sandberg's use of corporate resources for personal projects, including her Lean In foundation  —  Review focuses on the extent to which staffers worked on her personal projects  —  The lawyers investigating Facebook operating …
GOV.UK:
The UK's CMA plans a market investigation into Apple's cloud gaming restrictions via its App Store alongside Apple and Google's market power in mobile browsers  —  Apple and Google “hold all the cards” with interventions needed to give innovators and competitors a fair chance to compete in mobile ecosystems
Joshua Brustein / Bloomberg:
As Axie Infinity's economy and the value of its tokens crumbled, and gamers' earnings crashed, Sky Mavis started downplaying financial aspects of the game  —  Over the course of his life, Alejo Lopez de Armentia has played video games for a variety of reasons.
Michael McSweeney / The Block:
Jack Dorsey's Bitcoin venture TBD plans to launch a “Web 5” platform, using the Ion network, focused on decentralized identity and data storage for applications  —  TBD, the Bitcoin-focused venture first announced last spring, unveiled an ambitious effort Friday to build a decentralized Web platform dubbed “Web 5.”
Wall Street Journal:
Sources: some US news outlets prepare for shortfalls as Meta weighs ending fees for news; annual fees averaged $20M+ for NYT, $15M+ for WaPo, and $10M+ for WSJ  —  Social-media company pays more than $10 million a year to a handful of news organizations to feature their content on its news tab
Aggi Cantrill / Bloomberg:
Sources: delivery startup Gorillas, which raised $1B in October 2021, is cutting staff, reducing free-spending policies, and considering closing four warehouses  —  After Germany's rapid food delivery startup Gorillas Technologies GmbH closed a $1 billion funding round last October …
Geoffrey A. Fowler / Washington Post:
Pixalate study: of the 1,000 most popular apps used by children, 67% in Apple's App Store and 76% in the Google Play Store send the ad industry location data  —  Apple and Google just look the other way.  Here's how we stop it.  —  Imagine if a stranger parked in front of a child's bedroom window to peep inside.
Ben Goggin / NBC News:
Experts say Amazon's encrypted messaging app Wickr Me is full of child sex abuse images and the company is not taking basic safety measures to prevent sharing  —  Court records show that Wickr Me has become part of a toolkit used by people who exploit children.
Hope King / Axios:
CEO Bobby Kotick says Activision Blizzard is opening collective bargaining negotiations with Raven Software workers who recently voted to join a union  —  Activision Blizzard will announce Friday that it is opening collective bargaining negotiations with workers in the gaming giant's Raven Software unit …
Arjun Kharpal / CNBC:
Alibaba's stock fell 8.1% on Thursday after its Ant Group unit said it has no plans to revive its IPO and a key regulator said it had not evaluated the listing  —  - Alibaba shares dropped 8% on Thursday after its financial affiliate Ant Group said there were currently no plans to revive a public listing.
Sam Shead / CNBC:
Sources: AI transformer startups Inflection, Cohere, Anthropic, and Adept, which collectively raised $1B+, recently poached dozens of scientists from Big Tech  —  - Four of the best-funded new AI start-ups — Inflection, Cohere, Adept and Anthropic — have recently poached dozens of AI scientists with backgrounds in Big Tech.
Ryan Smith / AnandTech:
AMD updates its Zen architecture roadmap, including Zen 4 improvements in 2022 and Zen 5 in 2024 with a mix of 4nm and 3nm processes and AI and ML optimizations  —  Today is AMD's Financial Analyst Day, the company's semi-annual, analyst-focused gathering.  While the primary purpose …

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Earlier Picks

Richard Lawler / The Verge:
Hartley Charlton / MacRumors:
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Ryan Broderick / Garbage Day:
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