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June 14, 2022, 8:00 PM
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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:
CNBC, New York Times, SEC.gov, CoinDesk, Bloomberg, Ed Zitron's Where's Your Ed At, The Register, The Block, Wall Street Journal, Bloomberg, VICE, Web3 is going just great, The Verge, Fast Company, The Daily Hodl, ZyCrypto, Blockworks, Insider, watcher.guru, Bitcoinist.com, Financial Times, Crunchbase News, Fortune, Cryptonews, Ethereum World News, CoinQuora, SiliconANGLE, Decrypt, CNET, Crypto Briefing, CryptoSlate, Cointelegraph, PC Gamer, Gizmodo, Engadget, Protocol, CryptoPotato, The Hill, BBC, New York Post, The Independent, TechCrunch, Axios, PCMag, The Block, and Ars Technica
Tweets: @coinbase, @brian_armstrong, @thestalwart, @lawmaster, @bryan_vehonsky, @anthony, @kt_so_it_goes, @nixcraft, @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, @teamblind, @spencernoon, @ivanthek, @epsilontheory, @bennetttomlin, @josephmdurso, @arjunkharpal, @wublockchain, @blockfizac, @crypto, @deezefi, @scottjohnson, @loudmouthjulia, @sarthakgh, @kpriime, @seyitaylor, @lawblob, @gergelyorosz, @seyitaylor, @adamscochran, @crypto, @gaborgurbacs, @crypto, and @carterthomas
| Stephanie Kirchgaessner / The Guardian: |
Sources: US defense contractor L3Harris is in talks with NSO Group to acquire its core tech; White House says such a deal would raise serious security concerns — Deal - which would require approval from US and Israel - would give L3Harris control over controversial Pegasus tool| Wall Street Journal: |
Apple and Major League Soccer announce a 2023-2032 broadcasting deal, with games available via MLS Apple TV app or Apple TV+; source: deal is worth $250M+/year — 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, 9to5Mac, MLS, Macworld, NBC News, Ars Technica, Techhive.com, Six Colors, Associated Press, Bloomberg, iThinkDifferent, Awful Announcing, Fortune, Los Angeles Times, The Athletic, MobileSyrup, Philip Elmer‑DeWitt, Reuters, MacRumors, Sports Illustrated, CNET, The Mac Observer, Cult of Mac, The Independent, USA Today, The Independent, iMore, and AppleInsider
Tweets: @leachcitynewsto, @technology, @appletv, @jacobfeldman4, @vadimyuryev, @bzamayo, @kfoleyfl, @reneritchie, @bachscore, @jacobfeldman4, @richlightshed, @d_barnes25, @mls, @howardmegdal, @kylejmccarthy, @willoremus, @zacharyleonsis, @austinkarp, @marksayshi, @robusry, @ahess247, @dansjensen, @benbaer89, @theromit, @ortizkicks, @richlightshed, @jeremiahoshan, and @mrjordangardner
| 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 …
More:
Engadget, The Verge, MacRumors, iMore, MobileSyrup, iClarified, iThinkDifferent, iPhone in Canada Blog, MacDailyNews, and iDownloadBlog.com
Tweets: @vadimyuryev, @detroitborg, @apollozac, and @llsethj
| José Adorno / 9to5Mac: |
More:
AppleInsider, MacRumors, iThinkDifferent, Wccftech, iDownloadBlog.com, Digital Trends, and iMore
Tweets: @parkerortolani, @stephenwarwick9, @tme_michael, 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 …
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YouTube, Adobe Press Releases, Engadget, Neowin, Liliputing, PC Gamer, Macworld, KnowTechie, Android Authority, Fortune, iPhone in Canada Blog, PCWorld, PetaPixel, 9to5Mac, Gizmodo, iMore, WinBuzzer, Digital Trends, and MobileSyrup
Tweets: @joshbloch and @theicir
| Mary Ann Azevedo / TechCrunch: |
Redfin plans to lay off ~470 staff, or 8% of its workforce, and Compass is laying off ~450 staff, or ~10%, 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:
CNBC, Redfin Real Estate News, Associated Press, Seattle Business Journal, Yahoo Finance, and The Hill
Tweets: @bayareawriter, @carnage4life, @sarthakgh, and @brianhartpr
| Sergiu Gatlan / BleepingComputer: |
Cloudflare says it mitigated a 26M requests per second DDoS attack, the largest HTTPS DDoS attack detected to date, surpassing a 17.2M rps attack in August 2021 — Internet infrastructure firm Cloudflare said today that it mitigated a 26 million request per second distributed denial-of-service … | 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, Softpedia News, Android Police, SlashGear, TechSpot, iThinkDifferent, iPhone in Canada Blog, Android Central, PhoneArena, International Business Times, iMore, Digital Trends, Six Colors, MacStories, ZDNet, BigTechWire, Redmond Pie, 9to5Google, NDTV Gadgets 360, iPhone Hacks, 9to5Mac, Livemint, Wccftech, NextPit, XDA Developers, Fossbytes, Tom's Guide, TechCrunch, and TechRadar
Tweets: @martinsfp and @sp990
| Chris Welch / The Verge: |
Sonos Voice Control assistant review: fast, private, and good at tasks like grouping rooms, but lacks Spotify support and doesn't understand some artists' names — Sonos' assistant only takes music requests, and that actually works out in its favor — When Sonos Voice Control was announced last month … | 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 …
More:
Tom's Hardware, Protocol, Intel, and BleepingComputer
Tweets: @arekfurt, @kennwhite, @campuscodi, and @dangillmor
| Sarah Nassauer / Wall Street Journal: |
Wonder, a food delivery app led by Marc Lore, raised $350M in May 2022 sources say at a ~$3.5B valuation, bringing its total funding in equity and debt to $900M — The New York-based company cooks hot meals from a network of neighborhood trucks and wants to expand its service area
More:
SiliconANGLE, Bloomberg, Axios, and Business Wire
Tweets: @stevekovach, @sarahnassauer, @herbgreenberg, @marclore, @joepompliano, @jacefrederick, and @gvteam
| 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.| Kellen Browning / New York Times: |
A Massachusetts court rules that a proposed ballot measure, backed by Uber and Lyft, to classify gig drivers as independent contractors, violates state law — The ruling ends a $17.8 million campaign by companies like Uber and Lyft that would have led to the classification of their drivers as independent contractors.
More:
TechCrunch, The Boston Globe, Bloomberg, and Massachusetts Is Not For Sale
Tweets: @californialabor, @kellen_browning, and @lorenasgonzalez
| 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, TheStreet, PYMNTS.com, Gizmodo, iMore, Politico, TechCrunch, Daring Fireball, Mobile World Live, iPhone in Canada Blog, Cult of Mac, and iPhone Hacks
Tweets: @kartellamt, @carnage4life, @ohmdee, @lewis_crofts, @jcremer, @pt, and @kostasrossoglou
| Ron Miller / TechCrunch: |
Arkestro, which uses machine learning, game theory, and behavioral science to help companies procure supplies and services, raised a $26M Series A — Procurement involves buying supplies and services you need to run your business. For the most part, companies still use email and spreadsheets …
More:
VentureBeat, PR Newswire, Grit Daily News, Arkestro, and FinSMEs
| Ash Parrish / The Verge: |
Twitch expands its ad incentive program to more partners and promises bigger ad payouts by shifting from a fixed CPM to a percentage-based revenue share model — The ad incentive program will also open up to more partnered streamers — Twitch is expanding its ad incentive program to include more creators and pay them more money.| 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 … | Kate Beioley / Financial Times: |
The UK's Competition Appeal Tribunal backs the CMA's right to find that Meta's purchase of Giphy may harm innovation, ruling against 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:
The Verge, International Business Times, PYMNTS.com, Reuters, GOV.UK, Neowin, City A.M., Law360, and belfasttelegraph
| 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.| Kyle Wiggers / TechCrunch: |
California-based Invoca, which uses AI to analyze contact center calls, raised a $83M Series F 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 … | 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.| Kris Holt / Engadget: |
Meta begins rolling out parental support tools for Quest headsets and Instagram, including a parent education hub and more prompts for kids to take breaks — Meta is introducing new parental supervision features for Quest virtual reality headsets and Instagram.
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Instagram, Protocol, Meta, Adweek, MobileSyrup, The Verge, XDA Developers, Forbes, Android Central, TechCrunch, Android Headlines, The Hill, KnowTechie, 9to5Mac, iMore, iPhone in Canada Blog, BBC, NPR, Telegraph, CNET, ConnectSafely, Digital Trends, Mashable, and PYMNTS.com
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| Brandy Betz / CoinDesk: |
Source:
@cz_binance, @binance, and @cz_binance. More:
CNBC, Cointelegraph, and Decrypt. Tweets: @fatmanterra