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June 14, 2022, 10:05 PM
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| Brian Armstrong / The Coinbase Blog: |
Coinbase plans to reduce its headcount by ~18%, or ~1,100 people, “to ensure we stay healthy during this economic downturn” after the company “grew too quickly” — Earlier today, I shared the following note with all Coinbase employees. — Team,
More:
New York Times, SEC.gov, CNBC, Ed Zitron's Where's Your Ed At, CoinDesk, Bloomberg, Bloomberg, Web3 is going just great, Wall Street Journal, VICE, The Verge, The Register, Observer, Fast Company, The Daily Hodl, The Block, Perfecting Equilibrium, watcher.guru, Bitcoinist.com, Financial Times, Crunchbase News, ZyCrypto, Cryptonews, CoinQuora, SiliconANGLE, CNET, Crypto Briefing, CryptoSlate, PC Gamer, Engadget, CryptoPotato, and BBC
Tweets: @coinbase, @brian_armstrong, @thestalwart, @lawmaster, @bryan_vehonsky, @anthony, @edzitron, @wublockchain, @laurashin, @jack_raines, @brian_armstrong, @mylesudland, @bonecondor, @kt_so_it_goes, @nixcraft, @jack_raines, @helaineolen, @loopifyyy, @conorsen, @gergelyorosz, @ahcastor, @ljin18, @ldignan, @danprimack, @damedoteth, @lay2000lbs, @loudmouthjulia, @kimcrayton1, @pt, @adamsinger, @catherineflick, @jkup, @teamblind, @spencernoon, @ivanthek, @epsilontheory, @bennetttomlin, @josephmdurso, @arjunkharpal, @wublockchain, @blockfizac, @crypto, and @deezefi
| Stephanie Kirchgaessner / The Guardian: |
Sources: US defense contractor L3Harris is in talks with NSO Group to acquire its core tech; White House says such a deal would raise serious security concerns — Deal - which would require approval from US and Israel - would give L3Harris control over controversial Pegasus tool
More:
Intelligence Online, Washington Post, Access Now, Globes Online, The Hill, Financial Times, SiliconANGLE, Haaretz, Tech Monitor, and AppleInsider
Tweets: @jsrailton, @ncscgov, @matthew_d_green, @secparam, @matthew_d_green, @jsrailton, @nicoleperlroth, @jsrailton, @jsrailton, @accessnow, @rondeibert, @eff, @jsrailton, @marietjeschaake, @jsrailton, @rondeibert, @jsrailton, @jsrailton, @jsrailton, @gossithedog, @natynettle, @davidakaye, @jsrailton, @evacide, @davidagranovich, and @lawyerpants
| Filipe Espósito / 9to5Mac: |
Sources: Apple plans to refresh its entry-level iPad with a USB-C port instead of Lightning, an A14 chip, 5G, and an improved display, likely coming in 2022 — Earlier this year, 9to5Mac exclusively reported that Apple was working on a new generation iPad Air to have the M1 chip and 5G support …
More:
SlashGear, Engadget, GSMArena.com, iMore, MobileSyrup, MacDailyNews, iDownloadBlog.com, MacRumors, iThinkDifferent, and AppleTrack
Tweets: @dsccross, @stroughtonsmith, @parkerortolani, @appleakation, @maxwinebach, @vadimyuryev, @detroitborg, and @apollozac
| José Adorno / 9to5Mac: |
More:
MacRumors, AppleInsider, Wccftech, The Verge, iDownloadBlog.com, Cult of Mac, Digital Trends, and iMore
| Sergiu Gatlan / BleepingComputer: |
Cloudflare says it mitigated a 26M-requests-per-second DDoS attack, the largest HTTPS DDoS attack detected to date, targeting a customer using its Free plan — Internet infrastructure firm Cloudflare said today that it mitigated a 26 million request per second distributed denial-of-service … | Wall Street Journal: |
Source: crypto lender Celsius Networks is looking for financing options from investors and exploring other strategic alternatives, like financial restructuring — Celsius Network, among the largest crypto lenders, has paused user accounts, citing extreme market conditions
More:
The Block and Crowdfund Insider
Tweets: @celsiusnetwork, @mrinaldesai, @pkedrosky, @zerohedge_, @lefterisjp, @nash076, and @nash076
| Jacob Kastrenakes / The Verge: |
Adobe begins testing a freemium version of Photoshop for the web in Canada to introduce more users to the app; some features will eventually be subscriber-only — For now, it's testing a freemium version in Canada — Adobe has started testing a free-to-use version of Photoshop on the web …
More:
YouTube, Adobe Press Releases, Neowin, KnowTechie, Android Authority, Fortune, iPhone in Canada Blog, PC Gamer, PCWorld, PetaPixel, 9to5Mac, Gizmodo, iMore, WinBuzzer, and Digital Trends
Tweets: @joshbloch, @thefutureparty, @shiburizu, and @samcwoodhall
| Mary Ann Azevedo / TechCrunch: |
Redfin plans to lay off ~470 staff, or 8% of its workforce, and Compass is laying off ~450 staff, or ~10%, as housing demand softens amid rising interest rates — Says Redfin CEO: 'I said we wouldn't lay people off unless we had to. We have to.' — The housing market has taken a huge hit …
More:
CNBC, Redfin Real Estate News, Yahoo Finance, Associated Press, Seattle Business Journal, and GeekWire
Tweets: @bayareawriter and @carnage4life
| Chris Welch / The Verge: |
Sonos Voice Control assistant review: fast, private, and good at tasks like grouping rooms, but lacks Spotify support and doesn't understand some artists' names — Sonos' assistant only takes music requests, and that actually works out in its favor — When Sonos Voice Control was announced last month … | Wall Street Journal: |
Apple and Major League Soccer announce a 2023-2032 broadcasting deal, with games available via MLS Apple TV app or Apple TV+; source: deal is worth $250M+/year — Deal underscores iPhone maker's streaming ambitions and battle for sports programming — Apple Inc. AAPL 0.71%▲ …
More:
Sports Business Journal, 9to5Mac, Philip Elmer‑DeWitt, MLS, Six Colors, The Athletic, Fortune, Associated Press, Macworld, Bloomberg, NBC News, Awful Announcing, iThinkDifferent, Ars Technica, Variety, Los Angeles Times, MobileSyrup, iMore, MacRumors, Sports Illustrated, CNET, The Mac Observer, Cult of Mac, The Independent, Hollywood Reporter, USA Today, and The Independent
Tweets: @leachcitynewsto, @entstrategyguy, @willoremus, @tombogert, @coreyclayton, @coreyclayton, @mls_buzz, @f4denz, @jsnell, @dylanparks, @cesarberardini, @cesarberardini, @appletv, @tim_cook, @technology, @stuholden, @bubbaprog, @thesoccerdon, @jacobfeldman4, @vadimyuryev, @bzamayo, @pkafka, @kfoleyfl, @reneritchie, @bachscore, @jacobfeldman4, @richlightshed, @d_barnes25, @caro_milanesi, @mls, @munster_gene, @howardmegdal, @kylejmccarthy, @willoremus, @zacharyleonsis, @austinkarp, @marksayshi, @scobleizer, @robusry, @ahess247, @dansjensen, @benbaer89, @theromit, @ortizkicks, @richlightshed, and @jeremiahoshan
| Dan Goodin / Ars Technica: |
Researchers find a vulnerability in Intel and AMD CPUs that could let hackers steal encryption keys via a side channel attack on power management feature DVFS — Hertzbleed attack targets power-conservation feature found on virtually all modern CPUs. — Microprocessors from Intel, AMD …
More:
Intel, Protocol, Tom's Hardware, Digital Trends, and BleepingComputer
Tweets: @arekfurt, @kennwhite, @campuscodi, and @dangillmor
| WABetaInfo: |
Mark Zuckerberg announces WhatsApp users can securely transfer their chat history from Android to iOS while keeping e2ee, expanding on iOS to Android support — Like Love Haha Wow Sad Angry — After announcing important changes for the Cloud API at the Conversations 2022 keynote …
Source:
Mark Zuckerberg. More:
Engadget, The Verge, Six Colors, Android Central, iMore, Digital Trends, ZDNet, BigTechWire, Redmond Pie, iThinkDifferent, TechSpot, 9to5Google, iPhone Hacks, 9to5Mac, Livemint, SlashGear, Wccftech, Android Police, NextPit, XDA Developers, Fossbytes, TechCrunch, iPhone in Canada Blog, Softpedia News, and International Business Times
Tweets: @stufflistings, @viticci, @martinsfp, and @sp990
| Sarah Nassauer / Wall Street Journal: |
Wonder, a food delivery app led by Marc Lore, raised $350M in May 2022 sources say at a ~$3.5B valuation, bringing its total funding in equity and debt to $900M — The New York-based company cooks hot meals from a network of neighborhood trucks and wants to expand its service area
More:
SiliconANGLE and Axios
Tweets: @stevekovach, @sarahnassauer, @herbgreenberg, @marclore, @joepompliano, and @jacefrederick
| Kellen Browning / New York Times: |
A Massachusetts court rules that a proposed ballot measure, backed by Uber and Lyft, to classify gig drivers as independent contractors, violates state law — The ruling ends a $17.8 million campaign by companies like Uber and Lyft that would have led to the classification of their drivers as independent contractors.
More:
TechCrunch, Bloomberg, The Boston Globe, and Massachusetts Is Not For Sale
Tweets: @terrigerstein, @massnotforsale, @californialabor, @kellen_browning, and @lorenasgonzalez
| Mariella Moon / Engadget: |
Mozilla turns Firefox desktop's Total Cookie Protection on by default, after launching the feature in February 2021 and enabling it in privacy mode in June 2021 — All Firefox users on desktop will now be protected by the browser's Total Cookie Protection feature by default.| Jennifer Maas / Variety: |
Netflix, which has released 23 mobile games since November 2021, plans to double its games by the end of 2022 to have one “for every single one of our members” — Since launching its mobile games offering to members seven months ago, Netflix has released a total of 23 titles.| Tim Hardwick / MacRumors: |
Germany's Bundeskartellamt regulator launches an antitrust investigation into whether Apple's ATT tracking rules and anti-tracking tech are self-preferencing — Germany's Federal Cartel Office, the Bundeskartellamt, has initiated proceedings against Apple to investigate whether its tracking rules …
Source:
Bundeskartellamt. More:
The Platform Law Blog, Gizmodo, Reuters, TechCrunch, Pixel Envy, Daring Fireball, iMore, Politico, PYMNTS.com, Mobile World Live, and iPhone in Canada Blog
Tweets: @swodinsky, @eric_seufert, @rl_scharf, @theholykau, @theholykau, @theholykau, @theholykau, @theholykau, @theholykau, @eric_seufert, @drbarnard, @eric_seufert, @theholykau, @drbarnard, @theholykau, @drbarnard, @blakereid, @swodinsky, @swodinsky, @jason_kint, @ampressman, @kartellamt, @carnage4life, @ohmdee, @lewis_crofts, @lewis_crofts, @jcremer, @swodinsky, and @pt
| Sara Fischer / Axios: |
The Washington Post has licensed its Arc XP CMS to 2,000+ companies, up from ~1,500 a year ago; sources: Arc XP generates ~$40M-$50M in ARR but isn't profitable — The Washington Post is looking to double down on its investment in its tech publishing arm, Arc XP, despite outside sales interest valuing … | Ron Miller / TechCrunch: |
Arkestro, which uses machine learning, game theory, and behavioral science to help companies procure supplies and services, raised a $26M Series A — Procurement involves buying supplies and services you need to run your business. For the most part, companies still use email and spreadsheets …
More:
VentureBeat, PR Newswire, Grit Daily News, and Arkestro
| Peter Wayner / VentureBeat: |
Paris-based EcoVadis, which provides software for business sustainability ratings, raised a $500M Series C led by BeyondNetZero and Astorg at a $1B+ valuation — Can the supply chain become greener and more sustainable? Today, EcoVadis announced it's raised $500 million in a new funding round …
More:
Reuters, FinSMEs, Axios, and Silicon Canals
| Ash Parrish / The Verge: |
Twitch expands its ad incentive program to more partners and offers bigger payouts by shifting from a flat rate for every 1,000 ads to sharing 55% of ad revenue — The ad incentive program will also open up to more partnered streamers — Twitch is expanding its ad incentive program to include more creators and pay them more money.| Kate Beioley / Financial Times: |
The UK's Competition Appeal Tribunal backs the CMA's right to find that Meta's purchase of Giphy may harm innovation, ruling against all but one appeal by Meta — CMA may have to look again at decision as result of Facebook parent's one successful challenge at tribunal
More:
Reuters, GOV.UK, The Verge, International Business Times, Android Central, PYMNTS.com, Neowin, and City A.M.
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Tweets: @hzhu_, @cmccrudden, @mosseri, @mattnavarra, @elizableu, @instagram, @chrismessina, @missingkids, @andymstone, @mattnavarra, @jennaguillaume, @nickclegg, and @lionelmedia