Techmeme
June 16, 2022, 12:20 AM

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: 294+ US crisis pregnancy centers, which try to dissuade people from abortions, share website visitor info with Meta via Facebook'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
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.
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:
A US judge sentences BitMEX co-founder Benjamin Delo to 30 months probation without home confinement after he pled 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.
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 …
Javeria Khalid / Rest of World:
After Pakistan banned dating apps like Tinder in September 2020, matchmaking groups catering to Pakistanis on Facebook garnered tens of thousands of members  —  A ban on dating apps like Tinder has left young Pakistanis with limited avenues to meet new people.  Facebook matchmaking groups are gaining popularity among them.
Ivan Mehta / TechCrunch:
An overview of apps and services Apple “Sherlocked” at WWDC, like Camo with Continuity Camera, Klarna with Apple Pay Later, and Pillbox with medication tracking  —  Apple introduced some amazing updates across iOS, iPadOS, watchOS, and macOS at the worldwide developer conference (WWDC) last week.
Tweets: @eaceto
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:
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 …
Anna Kramer / Protocol:
The NLRB files a complaint against Mapbox, whose leadership allegedly threatened jobs for union organizing and fired organizers after a failed August 2021 vote  —  Mapbox has just been slapped with a complaint from the National Labor Relations Board that alleges the company's leadership threatened job loss …
More: 9to5Mac
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.

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
The 90-day recognition cliff: Why praise programs fade, and what keeps them alive  —  Recognition programs often start with enthusiasm.  Employees participate, managers share shoutouts, and teams have a new way to celebrate achievements.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
SAP CEO: AI Won't Kill Software, But It Will Change Your Job — With Christian Klein
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
David Ellison's Paramount-Warner Empire & The Fight That Comes Next
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Sources:
Factory CEO on why AGI is already here
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Invest Like the Best:
Noah Shinn - Building Instinct: The Personal Agent
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
The grief, loneliness, and burnout sweeping through the tech industry right now | Molly Graham
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
Doomers at Dreamforce
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:20 AM ET, June 16, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Sydney Maki / Bloomberg:
Mariella Moon / Engadget:
Miles Kruppa / Wall Street Journal:

Earlier Picks

Financial Times:
Foo Yun Chee / Reuters: