Techmeme
June 16, 2022, 8:15 PM

Top News

Bloomberg:
Sources: Elon Musk addressed Twitter employees for the first time since agreeing to buy the company, discussing potential layoffs, content moderation, and more  —  Tesla Inc. Chief Executive officer Elon Musk discussed his stance on what types of content should be allowed on Twitter Inc.'s social network …
Financial Times:
Sources: BlockFi was among the groups that liquidated at least some positions held by Three Arrows Capital, which failed to meet margin calls this past weekend  —  BlockFi was among a clutch of firms that liquidated the Singapore-based group's positions  —  Three Arrows Capital failed …
The Markup:
Analysis: 33 of the top 100 US hospitals used the Meta Pixel tracker, sending to Facebook data including medical conditions, prescriptions, and appointments  —  Experts say some hospitals' use of an ad tracking tool may violate a federal law protecting health information
Katie Collins / CNET:
The EU toughens its disinformation Code of Practice, covering deepfakes, bots, fake accounts, and more; Meta, Google, TikTok, Twitter, and others have signed up  —  Katie Collins  —  Katie a UK-based news reporter and features writer.  Officially, she is CNET's European correspondent …
Andy Greenberg / Wired:
Researchers find a link between Indian police and hackers who planted evidence in 2018 on the PCs of human rights activists jailed on terrorism charges  —  New details connect police in India to a plot to plant evidence on victims' computers that led to their arrest.
Dana Mattioli / Wall Street Journal:
A look at Andy Jassy's first year as Amazon CEO, as he seeks to reverse some of Jeff Bezos' aggressive pandemic investments, close physical stores, and more  —  Amid one of the worst stretches for financial performance in Amazon's history, the new CEO is working to cut back the excesses …
Ed Smith / PCGamesN:
Activision Blizzard says its internal review found there is “no widespread harassment, pattern or practice of harassment, or systemic harassment” at the company  —  Following a series of lawsuits, and claims of misconduct, an internal investigation by Activision concludes there is “no widespead harassment” - at Activision
Allison Johnson / The Verge:
Samsung merges its Pay and Pass apps to create Wallet, letting users organize ID cards, driver's license, house keys, boarding passes, and crypto, available now  —  Bringing Samsung Pay and Pass under one roof  —  First, there was Samsung Wallet.  Then it became Samsung Pay.
Wall Street Journal:
Sources: Klarna is in talks to raise fresh funds at a ~$15B valuation, down from its $45.6B valuation in June 2021; source: a deal could yield at least $500M  —  The SoftBank-backed, buy-now-pay-later startup is discussing raising cash at a valuation around $15 billion, down from 2021's near $46 billion valuation
Tweets: @alex
Alex Sherman / CNBC:
TikTok's global business solutions head says TikTok is an entertainment platform, not a social network like Facebook, and hasn't seen a slowdown in ad revenue  —  - Facebook is openly copying TikTok, and calling it out as a significant competitor.  — But Blake Chandlee …
Sergiu Gatlan / BleepingComputer:
Microsoft patches the Follina Windows zero-day, which let hackers execute malicious PowerShell commands and that state-backed and cybercrime actors exploited  —  Microsoft has released security updates with the June 2022 cumulative Windows Updates to address a critical Windows zero …
Cat Zakrzewski / Washington Post:
The White House launches a task force to examine whether existing federal laws are adequate to address online abuse and recommend changes by the end of 2022  —  Group will create recommendations for governments, companies and schools to address the link between online harassment and violence in the wake of mass shootings
Reuters:
Lyft reaches a $25M settlement to resolve shareholder claims that it concealed safety problems, including sexual assault by drivers, before its IPO in 2019  —  Lyft Inc (LYFT.O) has reached a $25 million settlement to resolve shareholder claims that the ride-hailing company concealed safety problems …
More: CNN
New York Times:
Sources, docs, and a Google staffer's discrimination lawsuit: religious sect Fellowship of Friends dominated Google Developer Studio, which makes promo videos  —  A video producer claims he was fired after he complained that an obscure group based in the Sierra foothills dominated a business unit at Google.
Bloomberg:
Some Ethereum miners express reservations about the planned August 2022 shift to a proof-of-stake model, arguing it renders expensive mining equipment useless  —  The Ethereum mining community is a diverse bunch, geographically and demographically.  There's a 28-year-old translator in Ukraine …

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Earlier Picks

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