Techmeme
June 22, 2022, 12:55 PM

Top News

Jason Del Rey / Vox:
An internal Amazon memo from mid-2021 warns the company could run out of potential US warehouse workers by 2024 and suggests six remedies, such as raising wages  —  Unions might not be the tech giant's biggest labor threat.  —  Amazon is facing a looming crisis: It could run out of people …
Mitchell Clark / The Verge:
Amazon unveils new robotic tech for its warehouses, including Proteus, its “first fully autonomous mobile robot” meant to safely move large carts around workers  —  It can pick things up, put them down, and move them around  —  Amazon has announced its “first fully autonomous mobile robot …
Sascha Segan / PCMag:
Nothing confirms phone (1) will not be fully supported by carriers in North America, as the company focuses on “home markets”, including the UK and Europe  —  It looks like Americans and Canadians are getting ... nothing.  —  Carl Pei's buzzy phone firm, which he says will be a top alternative …
Sarah Perez / TechCrunch:
Twitter partners with Shopify to launch a sales channel app, letting Shopify's US merchants sell products and engage customers via Twitter's Shopping Manager  —  As part of its ongoing efforts to expand into e-commerce, Twitter today announced a new partnership with Shopify.
Monica Chin / The Verge:
MacBook Pro 13-inch (M2) review: dominant single-core performance with good battery life, but just two USB-C ports, design from 2016, and webcam is still bad  —  Apple has put a 2022 CPU in a 2016 computer  —  I don't really care what the M2 MacBook Pro gets on benchmarks.
Charlotte Tobitt / Press Gazette:
Google redesigns News, elevating local news and fact checks, and relaunches the service in Spain after eight years, following Spain adopting EU copyright rules  —  Google News is relaunching in Spain almost eight years after it shut down to avoid paying publishers when the country introduced …
Yogita Khatri / The Block:
Tether plans to launch a stablecoin pegged to the British pound in July, dubbed GBPT, initially available on Ethereum, its fifth fiat-pegged stablecoin  —  - Tether has launched a new stablecoin pegged 1:1 to the British pound.  — It will be initially available on Ethereum.
Bloomberg:
Internal memo: two of Amazon's top Black executives, SVP of logistics warehouses Alicia Boler Davis and VP of transportation services Dave Bozeman, are leaving  —  Two of Amazon.com Inc.'s top Black executives are leaving amid a management shakeup as Chief Executive Officer Andy Jassy puts …
Sarah Perez / TechCrunch:
Twitter tests Twitter Notes with select users, for creating long-form content with rich text formatting and uploaded media that can be tweeted upon publishing  —  In what could be one of Twitter's more significant changes since doubling the character count from 140 to 280 characters …
Dan Goodin / Ars Technica:
Researchers detail fundamental cryptography flaws in MEGA's end-to-end encryption scheme that could let the cloud storage service decipher stored files  —  Fundamental flaws uncovered in Mega's encryption scheme show service can read your data.  —  In the decade since larger …
Chris Metinko / Crunchbase News:
Crypto exchange FalconX, which focuses on institutions, has raised a $150M Series D led by GIC and B Capital at an $8B valuation, up from $3.75B in August 2021  —  Despite a rocky couple of months for crypto, San Francisco-based FalconX locked up a $150 million Series D and more than doubled its valuation from just 10 months ago.
CoinDesk:
Crypto broker Voyager says its exposure to Three Arrows Capital consists of 15,250 bitcoin and $350M USDC; Voyager might issue a “notice of default”  —  The crypto broker said it's on the hook for about $370 million of bitcoin and $350 million of USDC and has asked for a repayment installment by Friday.
Naomi Nix / Washington Post:
In its first annual report, Meta's Oversight Board says the company has made some progress but needs to improve transparency on content removals  —  Oversight Board issues annual report outlining the company's compliance with policy recommendations  —  More than a year after its creation …
Ron Miller / TechCrunch:
Appsmith, which offers low-code tools to build enterprise apps, raised a $41M Series B led by Insight Partners and says it has over 7,000 monthly active users  —  For the last several years, Appsmith has been quietly building an open source platform for internal development teams to build the custom apps they need.
Mack DeGeurin / Gizmodo:
A DARPA report finds blockchains are vulnerable to “unintended centralities”, such as powerful new crypto miners, that could pervasively affect their security  —  The report points to a handful of, “unintended centralities,” it argues could concentrate blockchain power in the hands of a few select individuals or groups.
Ben Thompson / Stratechery:
Mike Isaac / New York Times:
Meta agrees to alter its ad targeting and pay a $115,054 fine to settle a DOJ discrimination lawsuit for allegedly limiting which Facebook users saw housing ads  —  HUD had accused Meta of engaging in housing discrimination by letting advertisers restrict who could see housing ads on Facebook based …

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