Techmeme
May 19, 2022, 10:10 AM

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
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 …
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:
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) …
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 …
Joy Dong / New York Times:
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.
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 …
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 …
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  —  - The news comes shortly after Sam Bankman-Fried's acquisition of a 7.6% stake in retail trading giant Robinhood.

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Earlier Picks

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Bloomberg:
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