Techmeme
June 25, 2022, 7:00 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 …
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.
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.
Richard Waters / Financial Times:
Michael Saylor, whose company MicroStrategy holds bitcoin now worth ~$2.7B, says bitcoin “is still at an early stage in its development and poorly understood”  —  Software entrepreneur has remained calm even as crypto markets crashed  —  What do you do when you head the public company …
More: Protos
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.
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.
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.

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Zoho:
Celebrating 10 years of Zoho Campaigns  —  Anniversaries are special; they remind you to relive your journey and appreciate everyone who's been a part of it.  When we look back at the journey of Zoho Campaigns …
MicroAcquire:
New opportunities are waiting for you  —  Join 100,000+ entrepreneurs buying and selling startups on the world's #1 acquisition marketplace.  Expertly curated to match serious buyers with pre-vetted startups of all sizes.
Techmeme Leaderboards:
Find the top reporters on AI, NFTs, VR, AR, VC and much more  —  We've analyzed Techmeme's news crawl data to identify the most influential writers on 46 topics.  Download reports immediately for just $100.  No sub needed!
Techmeme Ride Home:
Wed. 08/17 - "Anti Party" Technology
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:00 PM ET, June 25, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Zheping Huang / Bloomberg:

Earlier Picks

Davey Alba / Bloomberg:
Wall Street Journal:
Lauren Feiner / CNBC:
Zack Whittaker / TechCrunch: