Techmeme
June 10, 2022, 9:15 PM

Top News

Wall Street Journal:
Sources: a Meta probe that began in Fall 2021 is investigating Sandberg's use of corporate resources for personal projects, including her Lean In foundation  —  Review focuses on the extent to which staffers worked on her personal projects  —  The lawyers investigating Facebook operating …
Michael McSweeney / The Block:
Jack Dorsey's Bitcoin venture TBD plans to launch a “Web 5” platform, using the Ion network, focused on decentralized identity and data storage for applications  —  TBD, the Bitcoin-focused venture first announced last spring, unveiled an ambitious effort Friday to build a decentralized Web platform dubbed “Web 5.”
Joshua Brustein / Bloomberg:
As Axie Infinity's economy and the value of its tokens crumbled, and gamers' earnings crashed, Sky Mavis started downplaying financial aspects of the game  —  Over the course of his life, Alejo Lopez de Armentia has played video games for a variety of reasons.
Ariel Shapiro / The Verge:
CEO Daniel Ek: Spotify plans to use the freemium model for audiobooks; the DOJ is reviewing Spotify's yet-to-close acquisition of audiobook distributor Findaway  —  This story is part of a group of stories called  —  This article first ran in Hot Pod Insider, The Verge's audio industry newsletter.
GOV.UK:
The UK's CMA plans a market investigation into Apple's cloud gaming restrictions via its App Store alongside Apple and Google's market power in mobile browsers  —  Apple and Google “hold all the cards” with interventions needed to give innovators and competitors a fair chance to compete in mobile ecosystems
Geoffrey A. Fowler / Washington Post:
Pixalate study: of the 1,000 most popular apps used by children, 67% in Apple's App Store and 76% in the Google Play Store send the ad industry location data  —  Apple and Google just look the other way.  Here's how we stop it.  —  Imagine if a stranger parked in front of a child's bedroom window to peep inside.
Wall Street Journal:
Sources: some US news outlets prepare for shortfalls as Meta weighs ending fees for news; annual fees averaged $20M+ for NYT, $15M+ for WaPo, and $10M+ for WSJ  —  Social-media company pays more than $10 million a year to a handful of news organizations to feature their content on its news tab
Ben Goggin / NBC News:
Experts say Amazon's encrypted messaging app Wickr Me is full of child sex abuse images and the company is not taking basic safety measures to prevent sharing  —  Court records show that Wickr Me has become part of a toolkit used by people who exploit children.
Aggi Cantrill / Bloomberg:
Sources: delivery startup Gorillas, which raised $1B in October 2021, is cutting staff, reducing free-spending policies, and considering closing four warehouses  —  After Germany's rapid food delivery startup Gorillas Technologies GmbH closed a $1 billion funding round last October …

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