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June 14, 2022, 3:30 PM
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memeorandum
WeSmirchTop News
| Brian Armstrong / The Coinbase Blog: |
Coinbase plans to reduce its headcount by ~18%, or ~1,100 people, “to ensure we stay healthy during this economic downturn” after the company “grew too quickly” — Earlier today, I shared the following note with all Coinbase employees. — Team,
More:
SEC.gov, CNBC, CoinDesk, Bloomberg, Wall Street Journal, Ars Technica, VICE, SiliconANGLE, Web3 is going just great, CNET, The Verge, Crunchbase News, BBC, PCMag, New York Times, The Block, Engadget, CryptoSlate, Crypto Briefing, Finextra, PC Gamer, Blockworks, AltFi, The Crypto Lobby, American Banker, Financial Times, Axios, Cointelegraph, New York Post, Insider, Fortune, Cryptonews, Ethereum World News, Decrypt, The Block, Gizmodo, Protocol, CryptoPotato, The Hill, The Independent, and TechCrunch
Tweets: @coinbase, @brian_armstrong, @thestalwart, @lawmaster, @bryan_vehonsky, @anthony, @teamblind, @wublockchain, @laurashin, @jack_raines, @brian_armstrong, @mylesudland, @bonecondor, @jack_raines, @helaineolen, @loopifyyy, @conorsen, @gergelyorosz, @ahcastor, @ljin18, @ldignan, @danprimack, @damedoteth, @lay2000lbs, @loudmouthjulia, @kimcrayton1, @pt, @adamsinger, @catherineflick, @jkup, @spencernoon, @ivanthek, @epsilontheory, @bennetttomlin, @josephmdurso, @arjunkharpal, @wublockchain, @blockfizac, @crypto, @deezefi, @scottjohnson, @loudmouthjulia, @sarthakgh, @kpriime, @seyitaylor, @lawblob, @gergelyorosz, @seyitaylor, @adamscochran, @crypto, @gaborgurbacs, @crypto, and @carterthomas
| Wall Street Journal: |
Apple and Major League Soccer announce a 2023-2032 broadcasting deal for MLS games, available via an MLS streaming service in the Apple TV app or with Apple TV+ — Deal underscores iPhone maker's streaming ambitions and battle for sports programming — Apple Inc. AAPL 0.71%▲ …
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Apple, Sports Business Journal, Protocol, Appleosophy, Engadget, AppleInsider, The Verge, MacRumors, CNET, 9to5Mac, Variety, The Mac Observer, Cult of Mac, MLS, Apple Must, iPhone in Canada Blog, The Streamable, Tom's Guide, Your Apple Update, iMore, Sports Illustrated, The Independent, USA Today, and The Independent
| Filipe Espósito / 9to5Mac: |
Sources: Apple plans to refresh its entry-level iPad with a USB-C port instead of Lightning, an A14 chip, 5G, and an improved display, likely coming in 2022 — Earlier this year, 9to5Mac exclusively reported that Apple was working on a new generation iPad Air to have the M1 chip and 5G support … | Matthew Panzarino / TechCrunch: |
Craig Federighi says Stage Manager is exclusive to M1 iPads because it leverages the M1's more powerful GPU, I/O in virtual memory, faster storage, and more RAM — SVP Craig Federighi on stretching Apple's iPad to fit new ways of working — Though the iPad was a huge hit from the beginning based … | José Adorno / 9to5Mac: |
More:
MacRumors, Wccftech, Digital Trends, and iMore
Tweets: @tme_michael, @parkerortolani, @stephenwarwick9, and @stephenwarwick9
| Jacob Kastrenakes / The Verge: |
Adobe begins testing a freemium version of Photoshop for the web in Canada to introduce more users to the app; some features will eventually be subscriber-only — For now, it's testing a freemium version in Canada — Adobe has started testing a free-to-use version of Photoshop on the web … | WABetaInfo: |
Mark Zuckerberg announces WhatsApp users can securely transfer their chat history from Android to iOS while keeping e2ee, expanding on iOS to Android support — Like Love Haha Wow Sad Angry — After announcing important changes for the Cloud API at the Conversations 2022 keynote …
Source:
Facebook. More:
Engadget, The Verge, Livemint, TechCrunch, 9to5Google, XDA Developers, International Business Times, Wccftech, Digital Trends, BigTechWire, 9to5Mac, iMore, PhoneArena, MacStories, ZDNet, NDTV Gadgets 360, NextPit, Tom's Guide, TechRadar, Notebookcheck.net, BGR India, and T3. Tweets: @martinsfp
| Dawn Chmielewski / Reuters: |
Spotify announces a Safety Advisory Council to provide non-binding third-party input on issues such as hate speech, disinformation, extremism, and online abuse — Spotify Technology SA (SPOT.N) on Monday announced it has formed a Safety Advisory Council to provide third-party input on issues … | Kris Holt / Engadget: |
Meta debuts new kid safety and parental supervision tools for Quest VR headsets and Instagram, including a parent education hub and more prompts to take breaks — Meta is introducing new parental supervision features for Quest virtual reality headsets and Instagram.
More:
Meta, XDA Developers, Protocol, CNET, The Verge, Meta, TechCrunch, KnowTechie, iPhone in Canada Blog, iMore, NPR, PhoneArena, The Hill, BBC, Telegraph, ConnectSafely, and Mashable
Tweets: @elizableu, @instagram, @missingkids, @mosseri, @mattnavarra, @chrismessina, @andymstone, @mattnavarra, @jennaguillaume, @nickclegg, @davisantigone, and @hinduja
| Bloomberg: |
Data shows Chinese orders for overseas-sourced chipmaking equipment rose 58% YoY in 2021, as some US chipmakers say Chinese firms are paying above-market prices — China's semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington.
More:
Wall Street Journal and Midday Macro
Tweets: @austinjdahmer, @briantycangco, @pelstrom, @repmccaul, @kate_okeeffe, and @jendeben
| Tim Hardwick / MacRumors: |
Germany's Bundeskartellamt regulator launches an antitrust investigation into whether Apple's ATT tracking rules and anti-tracking tech are self-preferencing — Germany's Federal Cartel Office, the Bundeskartellamt, has initiated proceedings against Apple to investigate whether its tracking rules …
Source:
Bundeskartellamt. More:
The Platform Law Blog, AppleInsider, iPhone Hacks, iPhone in Canada Blog, iClarified, 9to5Mac, and Financial Times
Tweets: @kartellamt, @lewis_crofts, and @jcremer
| Dan Goodin / Ars Technica: |
Researchers find a vulnerability in Intel and AMD CPUs that could let hackers steal encryption keys via a side channel attack on power management feature DVFS — Hertzbleed attack targets power-conservation feature found on virtually all modern CPUs. — Microprocessors from Intel, AMD … | Jennifer Maas / Variety: |
Netflix, which has released 23 mobile games since November 2021, plans to double its games by the end of 2022 to have one “for every single one of our members” — Since launching its mobile games offering to members seven months ago, Netflix has released a total of 23 titles.| Bloomberg: |
Sources: Elon Musk will address Twitter employees and take questions at a company-wide virtual meeting on Thursday morning — Elon Musk will address Twitter Inc. employees at a company-wide meeting this week, the first time the Tesla Inc. chief executive officer will meet with employees since agreeing …
More:
Insider, Wall Street Journal, Engadget, BBC, International Business Times, The Verge, Onsitego Blog, Reuters, MobileSyrup, iPhone in Canada Blog, Law and Politics, Gizmodo, Tech News, Gizchina, and Barron's Online
Tweets: @brianstelter, @juddlegum, and @masonpelt
| Taylor Hatmaker / TechCrunch: |
Meta unveils a Voice Mode for Horizon Worlds, letting users garble voices from strangers, rolling out in the coming weeks, and launches Horizon Worlds in the UK — Meta might soon want everyone to hop into its playful virtual realms, but some users are set up for a shock.
More:
Meta Quest Blog, PCMag, Road to VR, The Verge, and The Economic Times
Tweets: @vishalshahis and @bcarlton727
| Mary Ann Azevedo / TechCrunch: |
Redfin says it's laying off 470 staff, about 8% of its workforce, and Compass is laying off ~10%, or ~450, as housing demand softens amid rising interest rates — Says Redfin CEO: 'I said we wouldn't lay people off unless we had to. We have to.' — The housing market has taken a huge hit …
More:
GeekWire, Redfin Real Estate News, and Yahoo Finance
Tweets: @bayareawriter, @brianhartpr, and @sarthakgh
| Sarah Nassauer / Wall Street Journal: |
Wonder, a food delivery app led by Marc Lore, raised $350M last month, sources say at a $3.5B valuation, bringing its total raised to $900M in equity and debt — The New York-based company cooks hot meals from a network of neighborhood trucks and wants to expand its service area
More:
Bloomberg, Axios, and Business Wire
| Daniel Roberts / Decrypt: |
Celsius' CEL token fell 70% in one hour after the DeFi lender suspended all customer withdrawals, amid a broader crypto market crash — On Sunday night, with crypto markets already in freefall, controversial crypto lender Celsius announced it was suddenly pausing all customer withdrawals, swaps, and transfers.
More:
tether.to, Bloomberg, Washington Post, Attack of the 50 Foot …, and The Economic Times
Tweets: @celsiusnetwork, @mashinsky, @jonwu_, @nexo, @lessin, @wassielawyer, and @dadkins_
| Brandy Betz / CoinDesk: |
Source:
@cz_binance, @binance, and @cz_binance. More:
CoinGeek, Coinspeaker, Waivly, CoinJournal, and Micky
Tweets: @fatmanterra, @binance, @kimdotcom, and @ryan_browne_
| Bloomberg: |
More:
Wall Street Journal, Fortune, CNBC, CoinDesk, CryptoSlate, Politico, Forbes, Web3 Pills, CNBC, Bitcoin Magazine, Decrypt, Finbold, New York Magazine, Coinspeaker, Ledger, Insider, Something Interesting, Scott D. Clary's Newsletter, Micky, CoinQuora, TechCircle, Defillama round-up🦙, Neowin, The Verge, and Reuters
Tweets: @blockfizac, @mikeburgersburg, @bgarlinghouse, @lawmaster, @nexo, @schwarz, @jackniewold, @deezefi, @kris, @jemimajoanna, @saylor, @levie, @kevinsekniqi, @saylor, @kadhim, @tracyalloway, @ncweaver, @blockfizac, @sassal0x, @ryansadams, and @zebulgar
| Dean Takahashi / VentureBeat: |
Playful Studios, the maker of Words With Friends, raised $46M to build Wildcard, a Web3 game combining collectible cards with battle arena real-time strategy — Playful Studios, the maker of Words With Friends and Lucky's Tale, unveiled a Web3 game and raised $46 million for its The Wildcard Alliance division.| Kate Beioley / Financial Times: |
UK's Competition Appeal Tribunal backs the CMA in finding that Meta's purchase of Giphy would reduce competition, ruling against of all but one appeal by Meta — CMA may have to look again at decision as result of Facebook parent's one successful challenge at tribunal
More:
City A.M., belfasttelegraph, RTÉ, and GOV.UK
| Brenda Goh / Reuters: |
A Chinese regulator says automaker Geely plans to acquire a 79% stake in smartphone maker Meizu for an undisclosed amount and release a smartphone by 2023 — A venture run by the founder of Chinese automaker Zhejiang Geely Holding (GEELY.UL) plans to acquire an 79% stake in Chinese smartphone maker Meizu … | Financial Times: |
Alibaba and Tencent are struggling to grow their cloud businesses after Beijing's tech crackdown and competition from politically favored Huawei and others — Chinese tech giants are struggling to grow their cloud businesses as Beijing favours state vendors| Kyle Wiggers / TechCrunch: |
Invoca, which uses AI to analyze contact center calls, has raised $83M led by Silver Lake Waterman at a $1.1B post-money valuation — Invoca, a platform that uses AI to analyze calls for marketing, sales, and customer agent training purposes, today closed an $83 million funding round that values the company at $1.1 billion post-money.| Kate Park / TechCrunch: |
Indonesia-based consumer payment service Flip announces a $55M Series B extension led by Tencent, bringing the round to $103M and its total raised to $120M — Flip, an Indonesia-based consumer payment platform, has closed a $55 million Series B extension round led by Tencent with participation from Block …
More:
DealStreetAsia and FinSMEs
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