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June 15, 2022, 5:15 PM
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| 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.
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tether.to, CoinDesk, Decrypt, SiliconANGLE, Cointelegraph, Bloomberg, CoinDesk, Bitcoin News, FULLSTACK, VICE, CoinQuora, Cointelegraph, Blockworks, Market Meditations, Moonbirds Ecosystem Update, Crypto Briefing, CNBC, The Guardian, Cryptonews, Ethereum World News, CryptoSlate, Wisdom of DeFi, Protos, Finbold, Coinspeaker, Wall Street Journal, The Defiant, Web3 is going just great, watcher.guru, Crowdfund Insider, and Tech in Asia
Tweets: @zhusu, @paoloardoino, @hodlkryptonite, @onchainwizard, @lawmaster, @hodlkryptonite, @sobylife, @nexo, @danny8bc, @twobitidiot, @coryklippsten, @defiyst, @nexo, @midasthefool, @defiyst, @rleshner, @fintechfrank, @lawmaster, @altcryptogems, @autismcapital, @krugermacro, @jasonyanowitz, @tradermayne, @coinbureau, @cz_binance, @robinwigg, @trackinflation, @0xtuba, @cobie, @swissborg, @thinkingusd, @ryan_browne_, @lthomasnews, @ledgerstatus, @alexhern, @cryptoharry_, @midasthefool, @lawmaster, @buccocapital, @econoar, @nope_its_lily, @autismcapital, @ryansadams, @mansourtarek_, and @alexrkonrad
| 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.”
More:
Protocol and VICE
Tweets: @arawnsley, @rmac18, @sarahjeong, @rmac18, @ryanhoulihan, @mikefreemannfl, @torriangray, @davekarpf, @polarscribe, @chadloder, @rmac18, @dmccabe, @rmac18, @bitfinexed, @eringriffith, @rmac18, and @rmac18
| 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”. 🧵
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Kraken Blog, CoinDesk, Web3 is going just great, crypto.news, CryptoSlate, Cointelegraph, TechCrunch, and The Block
Tweets: @jespow, @krakenfx, @jespow, @molly0xfff, @jespow, @micsolana, @lizzywol, @pierre_rochard, @jasonzweigwsj, @ruskin147, @iron_spike, @steveparks, @chhopsky, @molly0xfff, @human_not_bees, @gbousis, @evacide, @eyilanke, @mshannahmurphy, @blackamazon, @bleything, @richburroughs, @ummjackson, @antoniogm, @ijbailey, @quinnypig, @molly0xfff, @wbm312, @mslopatto, @heyjovo, @tangotiger, @chadstanton, @heyjulesfern, @alexhern, @austen, @borrowcheck, @parkermolloy, @molly0xfff, @battymamzelle, and @molly0xfff
| 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
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Windows Blog, The Verge, Ars Technica, Nikkei Asia, XDA Developers, International Business Times, PCMag, CNBC, Tech Monitor, PC Gamer, OSnews, Mashable, Telegraph, Associated Press, Newser, The Verge, Fortune, Washington Post, GameSpot, Gizmodo, Pureinfotech, Malwarebytes Labs, Neowin, BleepingComputer, and People.com
Tweets: @tomwarren, @mims, @lizaoutlives, @mattdeco, @francoisz, @shanselman, @johnny_suputama, @gossithedog, @jbenton, @keyon, @smalls1138n, @business, @kantrowitz, @dj_rozwell, @brucel, @lisafleisher, @cassidoo, and @nixcraft
| 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.
Source:
@getpeid. More:
YouTube, Gizmodo, Input, Digital Trends, BGR, Android Authority, iPhone in Canada Blog, TechCrunch, Laptop Mag, 9to5Google, Android Police, Pocket-lint, and XDA Developers
Tweets: @nothing, @mcwm, @benedictevans, @connorjewiss, @aulia, @tomwarren, and @r3dash
| Tim Bradshaw / Financial Times: |
More:
Light Reading, KnowTechie, MobileSyrup, Android Central, CNET, Mashable, and Phandroid
Tweets: @tim, @counternotions, and @benwood
| 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.
More:
9to5Mac and Digital Trends
| 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.
Source:
NHTSA. More:
Washington Post, NHTSA, FreightWaves, TechCrunch, CNBC, Associated Press, The Register, Engadget, New York Post, As Brandon Sees It, Insider, VICE, The Verge, KnowTechie, The Road to AI We Can Trust, Reuters, and Wall Street Journal
| 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 …
Source:
Court of Justice of the European Union. More:
MacRumors, SiliconANGLE, Bloomberg, SlashGear, The Mac Observer, The Verge, TechCrunch, BGR India, MacDailyNews, Euractiv, Silicon Republic, The Economic Times, iMore, Android Police, Telecoms.com, iPhone Hacks, Engadget, FOSS Patents, The Register, PYMNTS.com, Wall Street Journal, 9to5Mac, AppleInsider, and Philip Elmer‑DeWitt
Tweets: @jcbcp, @lewis_crofts, @eucourtpress, and @lewis_crofts
| 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.
More:
YouTube, 9to5Google, TechRadar, Neowin, MobileSyrup, and XDA Developers
Tweets: @liron_segev, @caseynewton, @jeffnolan, and @reneritchie
| Miles Kruppa / Wall Street Journal: |
Google says 1.5B+ people watch YouTube Shorts every month; TikTok had 1B+ MAUs in September 2021 and third parties estimated almost 1.6B MAUs in March 2022 — Alphabet's Google discloses Shorts monthly viewership for first time amid heightened competition from TikTok and Instagram Reels
More:
TechCrunch, Mashable, Bloomberg, The Verge, Variety, iMore, and Engadget
Tweets: @sarahfrier, @glenngabe, @mhbergen, and @meghanbobrowsky
| Max Chafkin / Bloomberg: |
Meta's reported investigation into Sheryl Sandberg's expenses feels strange given the company spends extreme sums of money to boost its CEO and other executives — For an entrepreneur who has made “community” his life's mission, Mark Zuckerberg has always seemed oddly fixated on managing his own appearance.
Tweets: @chafkin, @chafkin, @danawollman, @iankar_, and @ebboyd
| Wall Street Journal: |
Source: crypto lender Celsius Networks is looking for financing options from investors and exploring other strategic alternatives, like financial restructuring — Celsius Network, among the largest crypto lenders, has paused user accounts, citing extreme market conditions
More:
Bloomberg, The Block, Protocol, crypto.news, CoinQuora, Cointelegraph, CryptoSlate, Coinspeaker, CoinZ's Newsletter, Blockworks, Cryptonews, watcher.guru, CryptoPotato, and Decrypt
Tweets: @celsiusnetwork, @coinbureau, @mrinaldesai, @pkedrosky, @zerohedge_, @lefterisjp, @nash076, and @nash076
| Ron Miller / TechCrunch: |
DataStax, which develops a noSQL, cloud-native database built on Apache Cassandra, has raised $115M at a $1.6B valuation; DataStax's valuation was $830M in 2014 — When DataStax hired Chet Kapoor as CEO in October 2019, one of the first moves he made was to bring in his old pal Sam Ramji …
More:
DataStax
| Bloomberg: |
Spotify CEO tells staff the company plans to slow hiring by 25%; Spotify added 2,000+ staff from 2019 to 2021, bringing its headcount to 6,617; stock is up 7%+ — Spotify Technology SA will slow hiring growth by 25%, the latest sign of how fears of a recession are weighing on the economy.| Sydney Maki / Bloomberg: |
As crypto tanks, El Salvador has lost almost $56M, more than half of what President Nayib Bukele spent to buy 2,301 bitcoin, raising debt repayment concerns — An epic rout that has wiped out about two-thirds of Bitcoin's value is exacerbating the debt crisis in the world's most crypto-friendly country.
More:
Blockworks, CryptoSlate, CNN, and The Crypto Basic
Tweets: @nayibbukele, @jonaguiar, @silvermanjacob, @getdelta, @fungibies, and @rodrigocampos
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