Techmeme: Internal email: Microsoft splits its HoloLens group as its leader Alex Kipman leaves the company; a recent Insider report described Kipman's “toxic” behavior (Todd Bishop/GeekWire)

Alex Konrad / Forbes:

After leaving Amazon on July 1, Dave Clark will join supply chain software startup Flexport as co-CEO starting September 1, becoming sole CEO six months later — Former Amazon consumer chief Dave Clark has a new job: co-CEO, and eventually sole CEO, of $8 billion-valued supply chain software startup Flexport.

More: GeekWire and Bloomberg

Tweets: @typesfast, @alexrkonrad, @amy_k_nelson, @tobi, @kimmaicutler, @buccocapital, @danprimack, @delrey, @typesfast, @alexrkonrad, @shaig, and @alexrkonrad

Ian Allison / CoinDesk:

Source: Citadel Securities is building a “cryptocurrency trading ecosystem” in partnership with Virtu, Sequoia, Paradigm, and others — The effort also includes Citadel Securities' recent venture capital (VC) backers, Sequoia and Paradigm, with more trading firms to come, according to a source familiar with the plans.

More: Reuters, Bloomberg, Finbold, The Block, CryptoSlate, Blockworks, Insider, Ethereum World News, Benzinga, and Tech News

Tweets: @wublockchain, @eringriffith, @whalesonly1, @zerohedge, and @zerohedge

Cristina Criddle / Financial Times:

Sources: TikTok Shop in the UK is in turmoil after losing at least half its staff, or 20 people, since its launch in October, many citing a toxic workplace — Chinese-owned social media group launches investigation into ‘toxic’ working practices at London offices

More: Insider and Tech in Asia

Tweets: @cristinacriddle, @henrymance, @markdistef, @emmavj, @mattnavarra, @rachelcoldicutt, @roshanamn, @cristinacriddle, @cristinacriddle, @benatipsos, @cristinacriddle, @carnage4life, @cristinacriddle, @bondhack, and @muradahmed

Todd Bishop / GeekWire:

Internal email: Microsoft splits its HoloLens group as its leader Alex Kipman leaves the company; a recent Insider report described Kipman's “toxic” behavior — Microsoft is splitting its HoloLens mixed reality group and parting ways with Alex Kipman, the leader of the group …

More: Insider, Bloomberg, ZDNet, Wall Street Journal, New York Post, Protocol, UploadVR, Road to VR, Windows Central, WinBuzzer, CNBC, TechSpot, OnMSFT.com, TheGamer, The Verge, Engadget, Fossbytes, Neowin, and PC Gamer

Tweets: @ashannstew, @dinabass, @kentbye, @robaeprice, @dinabass, @ashannstew, and @gartenberg

Rebecca Bellan / TechCrunch:

Shared micromobility company Bird confirms plans to lay off 23% of its staff, or about 138 out of 600 workers, spanning across the organization and regions — Shared micromobility company Bird plans to layoff 23% of its staff, according to tech layoff tracker Layoffs.fyi.

More: b'dot.LA', Engadget, and Insider

Tweets: @layoffsfyi, @mcwm, and @tomaxwell

Sophia Kunthara / Crunchbase News:

Analysis: over 17,000 workers in the US tech sector have been laid off in mass job cuts so far in 2022, as Clubhouse, Fast, Glossier, Noom, and others cut back — After a banner year for tech, layoffs are here. In fact, as of the beginning of June, more than 17,000 workers in the U.S. tech sector …

More: Matterings

Sergiu Gatlan / BleepingComputer:

In a joint cybersecurity advisory, the NSA, CISA, and the FBI reveal China-backed hackers exploited publicly known vulnerabilities to snoop on network traffic — Several US federal agencies today revealed that Chinese-backed threat actors have targeted and compromised major telecommunications companies …

Source: National Security …. More: CISA, Metacurity, Gizmodo, Tech Monitor, Security Affairs, The Record, Forbes, CISA, ZDNet, ComputerWeekly.com, CNN, The Register, The Hacker News, iTnews, and DataBreaches.net

Tweets: @martinmatishak, @strawbeecream, @nsa_csdirector, @adam_k_levin, @martinmatishak, @jseldin, @martinmatishak, @dcuthbert, and @threatresearch

Dina Bass / Bloomberg:

Microsoft plans to “significantly scale down our operations in Russia”, impacting 400+ staff, while continuing “to fulfill our existing contractual obligations” — Microsoft Corp. is substantially reducing its business in Russia, joining the list of prominent technology firms cutting …

More: The Verge, Windows Central, Engadget, The Economic Times, Barron's Online, Cybernews.com, Neowin, Gizchina, OnMSFT.com, and Reuters

Tweets: @baxiabhishek, @ylitvinenko, and @divestech

Amrita Khalid / Engadget:

IBM plans to wind down its business in Russia and lay off its workforce in the country, after suspending operations there in March 2022

More: IBM, PCMag, Reuters, Gizmodo, DCD, TechSpot, Silicon Republic, PC Gamer, TechRadar, euronews, CRN, The Register, and Reuters. Tweets: @th3j35t3r

Lawrence Abrams / BleepingComputer:

The FBI and IRS led an international operation taking down online marketplace SSNDOB that sold the names, SSNs, and dates of birth of about 24 million US people — SSNDOB, an online marketplace that sold the names, social security numbers, and dates of birth of approximately 24 million US people …

Source: U.S. Department of Justice. More: Chainalysis, TechCrunch, The Register, The Hacker News, Elliptic Blog, Security Affairs, Malwarebytes Labs, TechRadar, Infosecurity, Cybernews.com, The Record, and CyberScoop

Rolling Stone:

Sources: Twitter is fighting a request by the House January 6 committee for its internal Slack conversations, including on moderating tweets about the attack — Exclusive: The tech giant is refusing to hand over internal communications about how it moderated tweets about the Capitol Insurrection, sources tell Rolling Stone

More: Gizmodo, Insider, and Benzinga

Tweets: @bradmossesq, @jannwolfe, @noahshachtman, @blackamazon, and @repjimbanks

Kate Conger / New York Times:

Paige Thompson, an ex-Amazon employee accused of stealing 100M+ Capital One customer details, stands trial; her lawyers say she was a “novice white-hat hacker” — A woman is accused of downloading data of more than 100 million Capital One customers.

More: CyberScoop. Tweets: @nytimesbusiness

Emma Roth / The Verge:

Mark Zuckerberg says Crayta, a service built on Unreal Engine 4 that lets players create, share, and play games with friends, is coming to Facebook Gaming — The Roblox-meets-Fortnite platform lets you build games with friends — Crayta, a platform that lets players create, share …

Source: Facebook. More: TechCrunch, The Sun, VentureBeat, Protocol, and Adweek

Tweets: @metanewsroom and @mattnavarra

Mary Ann Azevedo / TechCrunch:

Fruitful, a financial planning app in beta that offers advice for $98/month, emerges from stealth with a $25M Series A and $8M seed — As inflation continues to grow persistently higher, millions of Americans are struggling financially. — With that struggle comes a whole lot of financial stress.

Anton Wilen / Bloomberg:

Saudi Arabia's PIF-backed Savvy Gaming Group acquires an 8.1% stake in Sweden's Embracer for ~$1.05B, following similar deals with Modern Times and Nintendo — Saudi Arabia's wealth fund has made its second $1 billion foray into the Swedish gaming industry this year as part of a drive …

More: Game Developer, Video Games Chronicle, Gameranx, Wccftech, GamesIndustry.biz, TheGamer, Financial Times, Dow Jones Newswires, and Eurogamer.net

Brandy Betz / CoinDesk:

Stock advisor Delphia, which offers an algorithm-based service via its app, raises a $60M Series A led by Multicoin Capital and plans its Delphia Data token — Investors will earn Delphia Data tokens for sharing personal shopping and social media data. — Algorithm-backed stock advisor Delphia …

More: TechCrunch, Blockworks, and PR Newswire

Jonathan Greig / The Record:

Massachusetts-based Shields Health Care Group says hackers accessed databases containing personal data like SSNs and medical info of 2M patients in March 2022 — The sensitive information of two million people was accessed during a cyberattack on Shields Health Care Group …

Source: Shields Health Care Group. More: BetaNews, HealthITSecurity, DataBreaches.net, SecurityWeek, SC Media, BleepingComputer, and GovInfoSecurity

Paul Gillin / SiliconANGLE:

Immuta, which offers cloud-native data governance tools, raises a $100M Series E led by NightDragon at a $1B valuation, bringing its total funding to $267M — Data security startup Immuta Inc. today said it has raised a $100 million late-stage funding round that pegs the company's valuation at $1 billion.

More: FinSMEs, VentureBeat, TechCrunch, and SecurityWeek

Ingrid Lunden / TechCrunch:

London- and NY-based Multiverse, which finds diverse candidates to fill apprenticeships, raises a $220M Series D, following a $130M Series C in September 2021 — We've been tracking a worrying trend of layoffs in the technology industry, but that is not the full story.

More: Forbes, FinSMEs, PR Newswire, and Sifted

Odanga Madung / Mozilla Foundation:

An analysis of political TikTok content in Kenya ahead of the August 9 general election shows hate speech and other problematic content is spreading widely — 2. Extensive Disinformation and TikTok Policy Violations — 3. Looking Back: Familiar Terrain for Kenyans

More: Gizmodo, Wired, Rest of World, and TechCrunch

Tweets: @carnage4life, @mozilla, and @mozilla

Sarah McBride / Bloomberg:

Vanta, which offers enterprise data security compliance tools, raises $100M led by Craft Ventures at a $1.4B valuation — In some ways, Vanta Inc. looks like a startup from a frothier era. It's run by a 35-year-old entrepreneur in San Francisco and sells software primarily to other startups.

Thanks:@mariesdiamond

Ron Miller / TechCrunch:

Salesforce announces NFT Cloud, a service for buying and selling NFTs, available in a closed preview — Who knows whether it's FOMO or actual customer demand for such a thing, but Salesforce announced today that it's launching a pilot of NFT Cloud, a new platform for buying and selling these crypto assets.

More: PR Newswire, Insider, and SearchCustomerExperience

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