Techmeme
June 25, 2022, 5:30 PM

Top News

Jeffrey Dastin / Reuters:
As anti-abortion state laws kick in, law enforcement could force tech companies to give up users' search history, geolocation, and other pregnancy-related data  —  The technology industry is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement …
Mark Sullivan / Fast Company:
After SCOTUS overturned Roe v. Wade, Apple, Meta, Google, and other tech companies announce or reaffirm policies supporting employees seeking abortion services  —  A number of tech and media companies are responding to the Supreme Court's decision to overturn Roe v. Wade by offering to pay …
New York Times:
Sources: Meta told staff not to discuss the Roe V. Wade ruling on wide-reaching internal channels, citing a company memo issued after the May draft opinion leak  —  Meta told its workers on Friday not to openly discuss the Supreme Court's ruling eliminating the constitutional right to an abortion …
Tracy Wang / CoinDesk:
Sources: Goldman Sachs is looking to raise $2B from investors to buy up distressed assets from crypto lender Celsius Network in the event of a bankruptcy filing  —  The Wall Street firm is seeking $2 billion in commitments from investors to buy distressed assets at steep discounts if the crypto lender goes bankrupt.
Ming-Chi Kuo / Medium:
As Apple is expected to debut a headset in January 2023 and Meta slows VR investments, a look at opportunities for the VR supply chain and other headset makers  —  (1) One of the keys to the VR industry's rapid growth in the past 2-3 years is Meta sold VR headsets at a loss and aggressively promoted its VR business.
Tom's Hardware:
An interview with AMD's SVP Sam Naffziger on challenges facing the company, its coming RDNA 3 chiplet design, GPU performance and power efficiency, and more  —  A look into the future RDNA 3 architecture  —  We recently had a chance to speak with Sam Naffziger, AMD's Senior Vice President …
Brian Newar / Cointelegraph:
Harmony stops its Horizon bridge between Ethereum, Binance Chain, and Bitcoin after a theft of ~$100M in altcoins; Harmony says its BTC bridge was not impacted  —  The layer-1 blockchain's main bridge between Ethereum, Binance Chain, and Bitcoin has been exploited for nine figures, but says its BTC bridge has not been affected.
Chris Dolmetsch / Bloomberg:
A US judge rules Pinterest must face a lawsuit from digital marketing strategist Christine Martinez, who says she co-created Pinterest but was never compensated  —  Pinterest Inc. must face a lawsuit from a digital marketing strategist who says she helped conceive the social media platform, a California judge ruled.
More: Engadget
FinSMEs:
Berlin-based WorkMotion, whose Global Talent OS service helps HR teams scale onboarding and manage staff abroad, has raised a $50M Series B led by Canaan  —  WorkMotion, a Berlin, Germany-based HR-tech company for global employment, raised $50M in Series B funding.
Finextra:
Crypto trading platform Bitpanda, which has 1,000+ staff per LinkedIn and raised $263M at a $4.1B valuation in 2021, says it is cutting its headcount to ~730  —  Vienna-based Bitpanda is the latest crypto player to make job cuts, informing staffers that it will axe hundreds of positions as it face up to a dramatically altered market.

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