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March 15, 2022, 6:55 AM
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| Ian King / Bloomberg: |
Internal memo: Arm to cut up to 1,000 jobs, or 15% of its workforce in the UK and US, before its IPO; 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 … | 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.
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The Verge, Pocket-lint, Engadget, Digital Trends, .思.场, Android Central, Daring Fireball, Neowin, and BGR India
Tweets: @twittersupport, @jiikae, @zhugeex, @igorbobic, @okwonga, @mindofimpact, @vahn16, @digiphile, @dcseifert, @adotdee, @pkcapitol, @albertburneko, @diannaespn, @keithedwards, @gregotto, and @jaysullivan
| Michael Kan / PCMag: |
Microsoft brings its DirectStorage API from Xbox to Windows to improve game load times and graphics details, after promising it 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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DirectX Developer Blog, Video Games Chronicle, Fossbytes, TechCircle, Tech Gaming Report, PCWorld, XDA Developers, Neowin, Wccftech, OnMSFT.com, OSnews, and Phoronix. Tweets: @chillblast
| 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 …
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Emojipedia, MacStories, 9to5Mac, MacRumors, Macworld, CNET, Softpedia News, Transistori, Gizmodo, Thurrott, iMore, The Mac Observer, TechCrunch, iDownloadBlog.com, ZDNet, Engadget, iPhone Hacks, BGR, Redmond Pie, CNBC, AppleInsider, XDA Developers, and 9to5Mac
| Michael Potuck / 9to5Mac: |
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Tweets: @mgsiegler, @mgsiegler, @ianzelbo, @jonmchu, @can, @meenaljhajharia, @mgsiegler, @aviralagg, @can, @can, @bzamayo, @reneritchie, @dsilverman, @stroughtonsmith, @_inside, @kirkburgess, @reneritchie, and @caseyliss
| Jon Fingas / Engadget: |
Israel's National Cyber Directorate says the country has recovered from a large-scale DDoS attack on Monday, which took down several government websites — Israel appears to be recovering from a large-scale cyberattack. According to Haaretz and Kan's Amichai Stein, attackers took … | Sandali Handagama / CoinDesk: |
An EU Parliament committee rejects a provision for its Markets in Crypto Assets framework that would have effectively banned proof-of-work cryptocurrencies — A provision that could have forced proof-of-work cryptocurrencies like bitcoin to shift to more environmentally friendly mechanisms failed to get the votes required.
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European Parliament, Silicon Republic, Finbold, CoinDesk, CoinDesk, CoinJournal, The Verge, BlockProf, Bitcoin News, Tech Monitor, Crypto Daily, Neowin, Protocol, Bitcoinist.com, Crypto Briefing, Decrypt, Ethereum World News, ZyCrypto, CoinGape, Bitcoin Magazine, Crypto Adventure, Forkast, The Block, DeFi Education Fund's …, and CryptoPotato
Tweets: @paddi_hansen, @pierr_person, @theguyswann, @millaliraj, @zenledgerio, @peterjhowson, and @thecryptolark
| Dylan Martin / The Register: |
SiFive sells its chip connectivity unit OpenFive, including 75+ designs and a team of more than 300 people based mostly in India, to Alphawave for $210M in cash — We want to concentrate on legging it after Arm, says biz — Up-and-coming SiFive is selling its OpenFive business … | Ingrid Lunden / TechCrunch: |
London-based Perlego, a digital subscription-based library of academic textbooks with about 850K titles, raises a $50M Series B led by Mediahuis Ventures — Spotify helped pave the way for a new model for consumers to listen to music: pay a monthly fee to stream whatever you want …
More:
Tech.eu
| Bloomberg: |
Gauntlet, which offers financial-risk modeling service for crypto lending, raises a $23.8M Series B at a $1B valuation led by Ribbit Capital — Gauntlet, a financial-risk modeling platform for crypto lending, raised a new round of funding that pushed its valuation to $1 billion.
More:
Gauntlet, Cointelegraph, and The Block
| Bloomberg: |
Analysis: TV shows make up 75% of Netflix viewing, the average hit disappears after two weeks or less, and Asian hits have the least overlap 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.”
More:
The Streamable. Tweets: @lucas_shaw, @lucas_shaw, @lucas_shaw, @firstadopter, @alexselbyb, @business, @bbgvisualdata, @lucas_shaw, @lucas_shaw, @nreviewed, @sarafischer, @kdragontwt, @lucas_shaw, and @gerryfsmith
| 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.
Tweets: @katekayereports, @kavyapearlman, @cbridge_chief, @techwontsaveus, and @jason_kint
| Paul Sawers / VentureBeat: |
ChannelEngine, which helps brands manage their products and inventory across multiple third-party marketplaces, raises a $50M Series B led by Atomico — ChannelEngine, a platform that helps brands manage their products and inventory across multiple third-party marketplaces, has raised $50 million in a series B round of funding.
More:
Tech.eu, TechCrunch, EU-Startups, and Silicon Canals
| 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 … | Wall Street Journal: |
Sources: Foxconn is in talks with Saudi Arabia to jointly build a $9B factory for chips, components, and electronics in Neom; Foxconn is also talking to the UAE — The kingdom is trying to establish an industrial sector but has struggled to attract foreign investment
More:
Reuters, Benzinga, SiliconANGLE, TechSpot, iPhone in Canada Blog, PCMag, AppleInsider, iMore, MacDailyNews, 9to5Mac, and Bloomberg
Tweets: @thedragonfeeder, @sokane1, @somospostpc, @trevorcroker, @sub8u, @eliotwb, @tculpan, and @w7voa
| Financial Times: |
Indonesia's GoTo, formed by the $18B merger of superapp Gojek and ecommerce business Tokopedia, plans to raise up to $1.3B in a local IPO — SoftBank-backed tech group to list as investors bet on booming digital economy — GoTo, Indonesia's biggest start-up, plans to raise up to $1.3bn …
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TechCrunch, Bloomberg, DealStreetAsia, Tech in Asia, Reuters, finews.asia, and Business Wire
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