Techmeme
March 25, 2022, 10:30 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple paid $100K to $200K in stock-based bonuses to select software and hardware engineers, after giving similar bonuses in December to retain talent  —  Apple Inc. is paying a small number of engineers another round of special stock bonuses as part of an unusual push to retain key talent …
Daniel Michaels / Wall Street Journal:
The EU and US reach a preliminary deal to store data about Europeans on US soil, after the EU declared the previous pact illegal in 2020  —  Agreement could assuage concerns of companies with operations on both sides of the Atlantic  —  BRUSSELS—The U.S. and the European Union reached …
Russell Brandom / The Verge:
Naureen S Malik / Bloomberg:
Sources: Exxon has a pilot with Crusoe to use excess natural gas from North Dakota oil wells for crypto mining and is considering expanding the test globally  —  Exxon Mobil Corp. is running a pilot program using excess natural gas that would otherwise be burned off from North Dakota oil wells …
Amitoj Singh / CoinDesk:
India's parliament approves a 30% capital gains tax on crypto transactions, a 1% tax at the source, and no deductions or losses option, effective as of April 1  —  Amendments sought by the crypto industry were not accommodated, and the policies will go into effect on April 1.
Jem Aswad / Variety:
After suspending its paid subscription service in Russia on March 9, Spotify now plans to fully suspend its service in the country citing the new censorship law  —  Spotify, which suspended its paid subscription service in Russia earlier this month due to that country's unprovoked …
Javier Espinoza / Financial Times:
Apple and Google criticize the newly unveiled Digital Markets Act that will force companies designated as gatekeepers to open up their platforms to competitors  —  Apple and Google criticise newly unveiled Digital Markets Act that will force a radical overhaul of their global operations
Samuel Stolton / Politico:
More: The Verge, TechCrunch, European Parliament, The Verge, Reuters, Politico, Associated Press, New York Times, European Commission, 9to5Mac, ZDNet, European Council, BBC, Tech Monitor, Silicon Republic, European Parliament, CNBC, Android Police, XDA Developers, AppleInsider, Politico, Protocol, New York Times, Euractiv, Reuters, New Scientist, Chamber of Progress, TechRadar, OnMSFT.com, Gizmodo, Android Central, Protocol, MacDailyNews, Wired UK, Liliputing, Socialists & Democrats, The Mac Observer, MobileSyrup, cybernews.com, CNN, Input, TechCrunch, MarTech, iPhone Hacks, iThinkDifferent, Apple Must, Computerworld, Variety, The Diff, Wall Street Journal, KD's Newsletter, iMore, Axios, Transistori, and SiliconANGLE
Lauren Kaori Gurley / VICE:
A unit of 12 Google Fiber workers in Kansas City, Missouri, becomes the first NLRB-recognized bargaining unit of the Alphabet Workers Union, a branch of the CWA  —  “We're really hoping that we're the first in a line of dominos.”  —  Lauren Kaori Gurley  —  Google Fiber workers in Kansas City …
FinSMEs:
Ohio-based Triple Whale, an analytics platform for Shopify customers, raises a $27.7M extended Series A led by Elephant VC  —  Triple Whale, a Columbus, Ohio - based operating system for Shopify brands, raised $27.7M in an extended Series A funding.  —  Triple Whale's latest funding round consists …
Bloomberg:
Mike Frazzini, a longtime Amazon employee who helped start Amazon Games and its current head, is stepping down to focus on his family  —  Mike Frazzini, a longtime Amazon.com Inc. employee who helped start Amazon Game Studios, is stepping down.  The executive told staff Friday he was leaving …
Juro Osawa / The Information:
Sources: Sequoia China, whose portfolio includes ByteDance and online fashion startup Shein, is in early talks to raise $8B+ across four new funds  —  The Chinese affiliate of Sequoia Capital, whose vast portfolio includes TikTok owner ByteDance and online fashion startup Shein …

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