Techmeme
June 15, 2022, 11:55 PM

Top News

New York Times:
Internal Kraken comms and interviews with five workers: some staff accuse CEO Jesse Powell of fostering a hateful workplace and dozens are considering quitting  —  Jesse Powell, who leads the crypto exchange Kraken, has challenged the use of preferred pronouns, debated who can use racial slurs and called American women “brainwashed.”
Molly White / @molly0xfff:
[Thread] A look at Kraken's announcement of a culture overhaul, eschewing “stereotypical team diversity measurements”, as the crypto exchange touts hiring plans  —  Kraken, a U.S.-based crypto exchange, has announced they'll be continuing to hire, and have announced a culture overhaul that promotes “diversity of thought” over “stereotypical team diversity measurements” and prohibits describing another's words as “racist” or “x-phobic”. 🧵
Alex Heath / The Verge:
Internal memo: Meta plans to make Facebook more like TikTok, including bringing Messenger back into the app and recommending posts from “unconnected” sources  —  Facebook employees were recently given a new directive with sweeping implications: make the app's feed more like TikTok.
The Markup:
Investigation: ~300 US crisis pregnancy centers, which try to dissuade people from abortions, share website visitor info with Facebook via Meta's tracking pixel  —  The social media giant gathers data from crisis pregnancy centers through a tracking tool that works whether or not a person is logged in to their Facebook account
Josh Taylor / The Guardian:
Microsoft retires Internet Explorer after nearly 27 years, disabling the desktop app and directing users to Edge, which arrived with Windows 10 in 2015  —  Company says decision to disable desktop app comes as web developers less likely to make sites compatible with browser, which first graced computers in 1995
Aislinn Keely / The Block:
BitMEX co-founder Benjamin Delo is sentenced to 30 months probation without home confinement after pleading guilty to violating the US Bank Secrecy Act  —  BitMEX co-founder Benjamin Delo received 30 months probation without home confinement for Bank Secrecy Act (BSA) violations.
More: Blockworks and CoinDesk
New York Times:
NHTSA data from July 1, 2021, to May 15, 2022: six people died in 392 incidents involving driver-assistance tech; Teslas were in 273 crashes and five were fatal  —  The National Highway Traffic Safety Administration released data on 10 months of crashes involving systems like Tesla's Autopilot.
Jon Porter / The Verge:
Carl Pei reveals Nothing phone (1) ahead of its July 12 launch event, saying “leaks are harder to contain nowadays”; details likely to come over the next month  —  Nothing, the consumer tech startup led by OnePlus co-founder Carl Pei, has shown off the rear design of its debut Phone 1 smartphone.
Tim Bradshaw / Financial Times:
Kristin Snyder / dot.LA:
Performio, which provides cloud-based sales commission software to enterprises, has raised $75M led by JMI Equity  —  Performio, an Irvine-based provider of sales commission software, has raised $75 million in new funding.  —  The company announced Tuesday that growth equity firm JMI Equity led …
Vildana Hajric / Bloomberg:
Cardano, Solana, and Dogecoin gained 4.5% to 11% after the Federal Reserve's interest rate hike; bitcoin rose as much as 6.1% and ether gained as much as 6.6%  —  Wednesday brought at least one positive development in the beaten-down crypto space: Alternative digital currencies posted big rallies …
Frank Chaparro / The Block:
Sources: crypto hedge fund Three Arrows Capital faces an uncertain future after a $400M+ liquidation; CEO Su Zhu: we are “fully committed to working this out”  —  The future of crypto hedge fund Three Arrows Capital hangs in the balance as the firm faces potential insolvency after being liquidated by its lenders.
James Vincent / The Verge:
YouTube launches a corrections feature, letting creators add infocards in the top right-hand corner of a video at a relevant timestamp  —  Instead of having to re-upload a whole video  —  Everyone makes mistakes, but if you mess up a fact or flub a line in a YouTube video it can be hard to correct the error.
Foo Yun Chee / Reuters:
The EU's General Court sides with Qualcomm over the European Commission's €997M fine from 2018 for allegedly paying Apple billions to use only Qualcomm chips  —  U.S. chipmaker Qualcomm (QCOM.O) on Wednesday won its fight against a 997-million-euro ($1.05 billion) fine imposed …

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