Techmeme
July 18, 2022, 6:45 AM

Top News

Moneycontrol:
Report: in emails sent to three creators, Coinbase says it is “temporarily shutting down” its US affiliate program on July 19 and plans to relaunch it in 2023  —  According to a Business Insider article, cryptocurrency exchange Coinbase will “temporarily shut down” its US affiliate-marketing programme on July 19.
Financial Times:
Chinese grocery delivery firm Missfresh, which had raised $1B+ in VC funding from Tiger, Goldman, others, falls in market cap on Nasdaq from $3B in 2021 to $88M  —  Chinese grocery delivery group valued at $3bn a year ago is now worth just $88mn  —  Tiger Global-backed grocery delivery start …
Nathan Grayson / Washington Post:
A look at YouTube's strategy, started in 2019, of signing Twitch streamers with a network of creators that can simulate community and build its own game culture  —  Listen  —  Gift Article  —  Where once the departure of Twitch stars for YouTube Gaming elicited shock and awe …
Wall Street Journal:
Adam Neumann's Flowcarbon and some other startups offering cryptocurrencies backed by carbon-offset credits have slowed product rollouts amid the crypto crash  —  Investors rushed to startups offering cryptocurrencies backed by carbon-offset credits, then the markets tanked
Karen Hao / Wall Street Journal:
Researchers say Alibaba's cloud platform that hosted Shanghai's now-leaked police database used outdated systems that didn't offer the ability to set a password  —  Cybersecurity companies say Alibaba's cloud platform that hosted Shanghai's police database used outdated systems that didn't offer ability to set a password
Nikkei Asia:
Tracxn: ~$8.5B in VC funding was raised by Indian education startups from 2014 to 2021, with about half of that in 2021 alone, as they vie for US marketshare  —  Grab for market share takes on extra urgency as valuation woes and job cuts bite  —  AKITO TANAKA, Nikkei Asia chief business news correspondent …
Sabah Gurmat / Rest of World:
An app for India's largest public employment program is jeopardizing the livelihood of 82M+ due to technical glitches, an English-only UI, and poor connectivity  —  Poor connectivity and an English-only interface make the app unusable for many who rely on the Mahatma Gandhi National Rural Employment Guarantee Act.
Christopher Mims / Wall Street Journal:
MakeMyMove: at least 71 US cities and towns now offer cash grants and other perks to attract remote workers, mostly in tech, up from at least 24 in October 2021  —  Incentives are drawing high-paid tech workers, and challenging how we think about local economic development
Arielle Pardes / Wired:
Rapid delivery startups, which surged during the pandemic, have either retreated from some cities or shut down after struggling to make the economics work  —  Companies that promise groceries delivered in 15 minutes surged during the pandemic—but are now in retreat.

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:
A complete guide to customer acquisition strategies  —  Why do you need a customer acquisition strategy?  It might seem like a silly question considering it's critical to have customers to run a business.
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:
Tue. 11/29 - Is Elon Going To War With Apple?
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 6:45 AM ET, July 18, 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

Alastair McCready / VICE:
Christopher Mathias / HuffPost:
Maxwell Strachan / VICE:

Earlier Picks

Madhumita Murgia / Financial Times:
Mat Di Salvo / Decrypt:
Jef Feeley / Bloomberg: