Techmeme
July 14, 2022, 8:00 PM

Top News

Michael McSweeney / The Block:
NFT marketplace OpenSea CEO Devin Finzer says the company laid off ~20% of employees; OpenSea didn't disclose the number impacted but said that 230 staff remain  —  - NFT marketplace major OpenSea announced layoffs on Thursday.  — CEO Devin Finzer said in a statement that “~20% of our team” had been let go.
Dan Seifert / The Verge:
MacBook Air M2 review: thinner with a better screen and webcam, but gets warm and throttles aggressively under intense workloads; base model has a slower SSD  —  New design, new display, new processor, new price  —  After 14 years, three revisions, and two different processor architectures …
Wall Street Journal:
Sources: Stripe, last valued by private investors at $95B, told staff it cut its internal share price by 28%, lowering those shares' implied valuation to $74B  —  Payments processor was last valued at $95 billion  —  Payments giant Stripe last valued by private investors at $95 billion …
Tom Warren / The Verge:
Google releases Chrome OS Flex, a Chrome OS version for businesses and schools to run on 400+ old PC and Mac models, after fixing 600+ bugs since February 2022  —  Businesses and schools can now install Chrome OS on existing hardware  —  Google is releasing Chrome OS Flex today …
Lucy Harley-McKeown / The Block:
Katie Paul / Reuters:
Meta releases its first annual human rights report, covering 2020 and 2021 due diligence and summarizing a controversial human rights impact assessment of India  —  Facebook-owner Meta (META.O) released its first annual human rights report on Thursday, following years of accusations …
Queenie Wong / CNET:
Meta says Facebook is testing a way for users to create up to five profiles linked to one account and that switching between profiles will require only two taps  —  The social network says users will be able to add up to five profiles to their Facebook account.  —  Queenie Wong
Ed Shanahan / New York Times:
A federal jury convicts Vault 7 leaker Joshua Schulte on nine counts, two years after a previous jury failed to agree on eight of the 10 charges he faced then  —  The top federal prosecutor in Manhattan said Joshua Schulte had engaged in “one of the most brazen and damaging acts of espionage in American history.”
Financial Times:
Chris Welch / The Verge:
Instagram adds more features to its paid subscriptions test for creators, including the ability to publish feed posts that are only visible to subscribers  —  Pay up — or you won't see these exclusive photos or Reels  —  After getting off to a small start with paid subscriptions …
Leah Nylen / Bloomberg:
Sources: the US DOJ is likely to reject Alphabet's concessions and file an antitrust lawsuit in the coming weeks over Google's dominance of the online ad market  —  The US Justice Department is likely to reject concessions offered by Alphabet Inc., clearing the way for an antitrust lawsuit …
Cho Mu-Hyun / ZDNet:
Samsung says it has developed a new GDDR6 DRAM with a 24Gbps data transfer rate, 30%+ faster than its 18Gbps predecessor, built on its 10nm process using EUV  —  The new DRAM will allow premium graphics cards to support a data processing rate of up to 1.1TB, Samsung says.
Manish Singh / TechCrunch:
India-based mobile-first credit card operator OneCard raised a $100M+ Series D led by Temasek, a source says at a $1.4B+ valuation, up from $750M in January  —  FPL Technologies, an Indian startup that offers credit cards to customers under the brand name OneCard, is the latest …

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
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Census:
Figma's CFO on how they built a $20B business with data  —  From Series B to acquisition, Figma needed Census to scale their business operations on top of their data warehouse.
Zoho:
Stay Even More Organized With Notebook's Exclusive Plans  —  It's been six years since we introduced a simple, beautifully designed note-taking app.  Now, that little app has grown into an all-in-one productivity app …
Climate Draft:
Climate Career Resources for Laid Off Tech Workers  —  Your skills are in demand!  Check out our jobs board, learn about the climate ecosystem, and join our directory to make yourself discoverable to top venture-backed startups.
Techmeme Ride Home:
(Bonus) Internet From Space! With The Internet Society
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 8:00 PM ET, July 14, 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

Natasha Lomas / TechCrunch:

Earlier Picks

Reuters:
Sam Biddle / The Intercept:
Annabelle Dickson / Politico:
Lora Kolodny / CNBC: