Techmeme
March 15, 2022, 11:25 AM

Top News

Ian King / Bloomberg:
Internal memo: Arm to cut up to 1,000 jobs, or 15% of its workforce in the UK and the US, before its IPO; a source says most of the cuts won't affect engineers  —  Arm Ltd., the SoftBank Group Corp. unit preparing for an initial public offering, will cut as much as 15% of its workforce …
Chaim Gartenberg / The Verge:
AMD plans to release the Ryzen 7 5800X3D, the “world's fastest gaming processor”, on April 20 for $449, marking the debut of the company's 3D-stacking V-Cache  —  Along with a new slate of more affordable processors coming April 4th  —  AMD's latest desktop processor …
Chaim Gartenberg / The Verge:
Kate Kaye / Protocol:
The FTC, which has long struggled to combat deceptive data practices, is increasingly forcing companies to delete algorithmic systems built with ill-gotten data  —  The Federal Trade Commission has struggled over the years to find ways to combat deceptive digital data practices using its limited set of enforcement options.
Filipe Espósito / 9to5Mac:
After complaints, Twitter reverts its latest iOS update, removing the Latest Tweets tab and restoring the Home tab and the default chronological tweets option  —  Twitter was heavily criticized when it switched from the chronological timeline to the new feed that shows suggested tweets instead.
TechCrunch:
Aptos, a Layer 1 blockchain built by ex-Meta employees who worked on Diem, raises $200M at a $1B+ valuation led by a16z  —  Facebook's audacious attempt at creating a crypto payments network met an unceremonious end earlier this year when Silvergate Capital acquired the Diem technology assets for $182 million.
More: AptoslabsTweets: @refsrc, @moshaikhs, @cdixon, @cdixon, and @cdixon
Jon Fingas / Engadget:
Israel's National Cyber Directorate says the country has recovered from a DDoS attack on a communications provider that took down government websites on Monday  —  Israel appears to be recovering from a large-scale cyberattack.  According to Haaretz and Kan's Amichai Stein …
Kyle Wiggers / VentureBeat:
RightBound, which automates customer insights and outreach for sales representatives, raises a $15.5M Series A extension, for a total Series A of $27M  —  AI and automation have the potential to transform the sales industry.  A 2020 Harvard Business Review report found that AI could create …
More: FinSMEs
Manish Singh / TechCrunch:
Pakistan-based Bazaar, which operates a B2B marketplace for merchants and helps them digitize their bookkeeping, raises a $70M Series B  —  Dragoneer Investment and Tiger Global are backing Bazaar, a startup that is attempting to digitize Pakistan's retail with e-commerce …
Bloomberg:
Analysis: TV shows make up ~75% of Netflix's top 10 lists, the average hit fades after two weeks or less, and Asian hits overlap the least with other markets  —  Nobody in Hollywood knows for sure what works on Netflix.  —  The company releases statistics like “26 million people watched this show in the first 28 days.”
Jon Porter / The Verge:
Apple rolls out iOS 15.4 with the ability to use Face ID while wearing a mask, and iPadOS 15.4 with Universal Control, which requires macOS Monterey 12.3  —  iPadOS 15.4 has also launched with Universal Control support  —  iOS 15.4, the latest version of Apple's iPhone operating system …
Michael Potuck / 9to5Mac:
Michael Kan / PCMag:
Microsoft brings its DirectStorage API from Xbox to Windows to improve game load times and graphics details, after announcing the feature in September 2020  —  “Starting today, Windows games can ship with DirectStorage,” Microsoft says.  “This public SDK release begins a new era of fast load times …

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