Techmeme
June 17, 2022, 7:35 AM

Top News

Bloomberg:
Sources: Elon Musk addressed Twitter employees for the first time since agreeing to buy the company in April, discussing potential layoffs, 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 …
Ryan Mac / New York Times:
Sources: SpaceX fired employees who helped write and distribute an open letter calling Elon Musk's behavior “a frequent source of distraction and embarrassment”  —  In an email, Gwynne Shotwell, SpaceX's president, said the letter had made other employees “feel uncomfortable, intimidated and bullied.”
Casey Newton / Platformer:
The Verge:
Snap is internally testing Snapchat Plus, a paid subscription service that will give users early access to exclusive, experimental, and pre-release features  —  It's currently in “early internal testing”  —  Snap is doing internal tests of a paid subscription called Snapchat Plus …
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 …
Janko Roettgers / Protocol:
Roku raises its revenue share for ad-supported streaming channels from 40% to 45% and forces linear channels to use its ad insertion technology and CDN services  —  In recent weeks, Roku began to send notices to many of its content partners, informing them that it would change a key distribution agreement.
Hannah Lang / Reuters:
State securities regulators in Alabama, Kentucky, New Jersey, Texas, and Washington are investigating Celsius Network's decision to suspend customer redemptions  —  State securities regulators in Alabama, Kentucky, New Jersey, Texas and Washington are investigating crypto lender Celsius Network's decision …
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 …
Financial Times:
Blockchain.com data: bitcoin's hash rate fell 4% since the start of the week, as value of revenues paid to miners fell to its lowest level in nearly a year  —  Share prices of companies that validate crypto transactions have tumbled over the past month  —  Bitcoin miners are scaling …
Andy Greenberg / Wired:
Researchers connect an Indian police agency to hackers who planted evidence in 2018 on the PCs of human rights activists jailed on framed terrorism charges  —  New details connect police in India to a plot to plant evidence on victims' computers that led to their arrest.

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More News

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Cat Zakrzewski / Washington Post:

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