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May 19, 2022, 9:25 AM
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Top News

Dan Goodin / Ars Technica:
The CISA orders US federal civilian agencies to patch or remove VMware products affected by a critical RCE vulnerability that hackers are actively exploiting  —  Security flaws in VMware and F5's BIG-IP are being exploited by malicious hackers.  —  Malicious hackers, some believed to be state-backed …
Emma Roth / The Verge:
Report: Netflix had 3.6M cancellations in Q1 2022, up from ~2.5M for each past five quarters; 13% came from subscribers who had the service for over three years  —  Users subscribed to Netflix for more than three years represented 13 percent of total cancellations
Dean Takahashi / VentureBeat:
An interview with a16z's Jonathan Lai on Games Fund One, the VC firm's new $600M fund for games that will invest in studios, infrastructure, and technologies  —  Andreessen Horowitz has raised a $600 million fund to invest in games.  The storied venture capital firm is already a big investor in games …
Aisha Malik / TechCrunch:
TikTok launches Branded Mission, a product that lets advertisers crowdsource content from creators with 1K+ followers and turn top-performing videos into ads  —  TikTok announced today that it's launching a new ad product called “Branded Mission” that will allow creators to connect with brands and possibly receive rewards for videos.
Todd Spangler / Variety:
Following years of complaints, TikTok announces its first crediting tools, letting creators link back to the videos of other creators and trend originators
Lauren Feiner / CNBC:
New York AG plans to investigate social media platforms “used to stream, promote, or plan” the Buffalo attack, including Twitch, Discord, 4chan, and 8chan  —  - New York Attorney General Letitia James will investigate social media companies in connection to the apparently racially motivated attack …
Kim Velsey / Curbed:
AirDNA, Inside Airbnb, and Douglas Elliman data: NYC has ~3K to ~13K more Airbnb listings than rental apartments despite Airbnb listings falling in the pandemic  —  The fever isn't breaking.  There are now bidding wars for one in every five Manhattan rental apartments (and one in three luxury units) …
Joy Dong / New York Times:
China's internet censors are expanding the practice of displaying social media users' locations and IP addresses under posts, ostensibly to fight disinformation
David Pierce / The Verge:
Framework updates the 13.5" modular Framework Laptop with 12th-Gen Intel CPUs, starting at $1,049; owners can upgrade existing laptops with a $538 kit  —  A new laptop that fits inside your old laptop  —  A little more than a year after announcing the first version of its ultra-repairable …
Henry Grabar / Slate:
As Uber begins to rein in costs, having lost ~$30B in five-odd years, a look at the impact of cheap rides on city transit and the opportunities that were lost  —  Recently I was talking with an executive who used to work in car-sharing—the wave of companies, led by Zipcar and car2go …
Alex Heath / The Verge:
Meta freezes hiring of engineers for product teams including Facebook Gaming, Dating, and Commerce; Zuckerberg said internally Meta is not planning layoffs  —  Mark Zuckerberg has internally downplayed the possibility of layoffs  —  Meta is pulling back its investments in a number of products …
Bloomberg:
Singapore-based Grab reports Q1 revenue rose 6% YoY to $228M, beating analyst estimates, as its net loss narrowed to $435M; Grab stock is down 70%+ from its IPO  —  Grab Holdings Ltd. said revenue rose 6% in the first quarter after the ride-hailing and delivery company won back consumers as the pandemic receded in Southeast Asia.
Richard Waters / Financial Times:
A look at the competition between China and the US to build exascale supercomputers, useful for defense and climate modeling, as China pulls ahead  —  World's biggest economies battle to dominate advanced processing power that will affect defence and climate modelling
Sarah Perez / TechCrunch:
YouTube rolls out player features to all users, including a graph to easily locate the “Most replayed” video parts, support for video chapters, and video loops  —  YouTube today is launching a new feature designed to help users identify the most popular parts of a video they're watching …
Manish Singh / TechCrunch:
India says cloud providers and VPN operators that don't comply with its cybersecurity rules, effective as of June 27, “will have to pull out” of the country  —  India is pushing ahead with its new cybersecurity rules that will require cloud service providers and VPN operators …
Kyle Wiggers / TechCrunch:
Everstream Analytics, which uses AI to offer supply chain insights and risk analytics, raises a $24M Series A led by Morgan Stanley  —  Everstream Analytics, a supply chain insights and risk analytics startup, today announced that it raised $24 million in a Series A round led …

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From Mediagazer

Joshua Benton / Nieman Lab:
Around 75% of the largest US newspapers aren't endorsing anyone for president this year, as publishers try not to annoy any sliver of their remaining customers

William Earl / Variety:
Heretic's directors say they put a message in the credits that “no generative AI was used in the making of this film” to warn Hollywood about the danger of AI

Elisabeth Egan / New York Times:
An interview with Craig Garnett, the publisher of The Uvalde Leader-News, about his new book Uvalde's Darkest Hour, the aftermath of the school shooting, more

More News

Frank Chaparro / The Block:
FTX.US launches FTX Stocks, a zero-commission stock trading feature available through the FTX app, rolling out in the US over the coming months
Mary Ann Azevedo / TechCrunch:
Cairo- and San Francisco-based Instabug, which helps developers monitor performance and fix bugs in their apps, raises a $46M Series B led by Insight Partners
Cat Zakrzewski / Washington Post:
Texas asks SCOTUS to keep the state's social media law in effect; AG Ken Paxton argues that social media platforms should be regulated as common carriers
Annie Palmer / CNBC:
New York accuses Amazon of discriminating against pregnant workers and those with disabilities; the state seeks civil fines and an end to discriminatory conduct

Earlier Picks

Bloomberg:
Four Democratic senators ask the FTC to investigate whether ID.me illegally misled consumers and government agencies about its use of facial recognition tech
Mitchell Clark / The Verge:
Amazon refreshes its Fire 7 tablet with USB-C charging, better battery life, and a 30% faster processor, and raises the price from $50 to $60, coming June 29
Emily Nicolle / Bloomberg:
CoinGecko: after Tether briefly lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC circulation rose by ~$3.4B and Binance USD gained $1.2B
Mary Jo Foley / ZDNet:
In response to rivals' complaints, Microsoft begins relaxing its cloud licensing rules in Europe, which made running its software on other clouds more expensive
Brian Stelter / CNN:
Twitter's board says “Mr. Musk agreed to a transaction at $54.20 per share” and that it intends to “close the transaction and enforce the merger agreement”
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