Techmeme
July 12, 2022, 5:05 PM

Top News

Jeremy Hill / Bloomberg:
Liquidators say they can't find Three Arrows Capital founders Kyle Davies and Zhu Su, and seek to subpoena them to prevent the dissipation of the fund's assets  —  The founders of bankrupt crypto hedge fund Three Arrows Capital haven't been cooperating in the firm's liquidation process …
Wired:
Employees say “Twitter is a shit show internally”, fed up by weak leadership and a lack of management support amid targeted harassment from outside the company  —  Days after the deal to buy Twitter fell apart, fed-up employees say they are being kept in the dark.
Kurt Wagner / Bloomberg:
James Vincent / The Verge:
In Germany, South Korea, and other countries, BMW starts selling subscriptions or charging one-time fees to unlock heated seats, engine sound options, and more  —  The auto industry is racing towards a future full of microtransactions  —  BMW is now selling subscriptions for heated seats …
J. Clara Chan / The Hollywood Reporter:
Spotify acquires Heardle, describing the music trivia game inspired by Wordle as a “tool for musical discovery”, and plans to keep it as a standalone site  —  The game, which challenges users to identify a song based on short audio clips, will remain free to play for users.
Benjamin Mullin / New York Times:
Medium founder Evan Williams says he is stepping down as CEO, to be replaced by Tony Stubblebine, and plans to start a new holding company and research lab  —  Mr. Williams, the company's founder and a co-founder of Twitter and Blogger, said in a post that he planned to start a new holding company and research lab.
Jamie Crawley / CoinDesk:
Animoca Brands announces a $75.32M raise at a $5.9B valuation, the second tranche of its $360M round in January 2022 that valued the NFT company at $5.5B  —  The infusion is the second tranche of January's funding round, which nabbed almost $360 million and valued the investment company at $5.5 billion.
Gareth Vipers / Wall Street Journal:
Annie Palmer / CNBC:
Filing: Amazon and the Fred Hutchinson Cancer Research Center are developing “personalized” cancer vaccines and have launched an FDA-approved clinical trial  —  - Amazon is working with the Fred Hutchinson Cancer Center to develop cancer vaccines, according to a filing.
Melissa Heikkilä / MIT Technology Review:
BigScience, an effort by 1K+ AI researchers and NLP startup Hugging Face, releases BLOOM, an open-access multilingual language model bigger than GPT-3, for free  —  A group of over 1,000 AI researchers has created a multilingual large language model bigger than GPT-3—and they're giving it out for free.
Michael Kan / PCMag:
Sylvia Varnham O'Regan / The Information:
In an internal post, Meta Vice President of Remote Presence and Engineering Maher Saba instructed managers to identify and “move to exit” poor performers  —  Meta Platforms' Vice President of Remote Presence and Engineering Maher Saba has instructed managers to identify and …
Manish Singh / TechCrunch:
Pakistan-based Airlift, which delivers goods in 30 minutes, is shutting down after failing to raise more funding; Airlift raised an $85M Series B in August 2021  —  Airlift, Pakistan's top startup, is shutting down, two sources familiar with the matter told TechCrunch, following its inability to raise fresh capital.
Lulu Yilun Chen / Bloomberg:
Sources: China decided to rein in Tencent after two scandals, including a WeChat project to use data science to predict new Politburo standing committee members  —  Imagine for a second life before smartphones.  Simple tasks—ordering takeout, staying in touch—become frustratingly difficult, never mind dealing with emergencies.

Sponsor Posts

Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
All new Zoho Workerly 2024  —  Staffing businesses around the world face a unique set of challenges when it comes to managing their temporary workforce.  With a constantly shifting job market and changing staffing needs …
Comprehensive.io:
Browse salary data from 3,000 startups for free  —  Click for FREE, immediate access to real-time compensation benchmarking data.  Paid version helps HR automate comp reviews and communicate total compensation to employees.
The Kevin Rose Show:
Henry Shukman, Lessons from an Authentic Zen Master
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 03/28 - Claude 3 Opus Surpasses GPT-4 For The First Time
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 5:05 PM ET, July 12, 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

Paul Sawers / TechCrunch:

Earlier Picks

Aisha Malik / TechCrunch:
Reuters:
Juli Clover / MacRumors:
Dean Seal / Wall Street Journal:
Malcolm Owen / AppleInsider: