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June 2, 2022, 8:10 PM
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memeorandum
WeSmirchTop News
| Anushree Dave / The Block: |
Coinbase extends its hiring pause “for as long as this macro environment requires” and will “rescind a number of accepted offers”, notifying new hires via email — Coinbase is rescinding some accepted job offers and extending an existing pause on hiring new candidates …
More:
The Coinbase Blog, Decrypt, Protocol, Reuters, CoinDesk, Bloomberg, MarketWatch, and CoinGape
| Nikhilesh De / CoinDesk: |
The CFTC sues Gemini, alleging that the crypto exchange's staff misled the federal regulator during Gemini's 2017 effort to launch bitcoin futures contracts — Gemini partnered with Cboe to try and launch what would have been the nation's first bitcoin futures contracts.
More:
Bloomberg, CFTC, Gizmodo, The Block, Finextra, Reuters, CryptoSlate, crypto.news, Protocol, Crypto Adventure, The Verge, Bitcoin Magazine, and Cointelegraph
Tweets: @coindesk, @cameron, @tyler, @web3isgreat, and @silvermanjacob
| Zack Seward / CoinDesk: |
Source:
U.S. Department of Justice. More:
TechCrunch, The Register, Bloomberg, Reuters, Morning Brew, ZyCrypto, Input, Protos, Coinmonks, The Daily Hodl, Micky, Wccftech, Tech in Asia, Cryptopolitan, Crunchbase News, Waivly, and Silicon Republic
Tweets: @dogetoshi, @carnage4life, @bneiluj, @kroseranger, @aaschapiro, @defidefenselaw, @benedictevans, @seldo, @jonwu_, @algogov, @ronlieber, @levie, and @j_aiken2
| Todd Bishop / GeekWire: |
Microsoft releases four principles recognizing its employees' rights to organize; president Brad Smith promises an “open and constructive approach” to unions — Conceding that the rise of labor unions in tech may ultimately reach its own business, Microsoft released a new set …
More:
Microsoft On the Issues, Engadget, Protocol, Bloomberg, and Axios
Tweets: @willoremus, @bradsmi, @hamiltonnolan, @tomwarren, @jamieson, @nickstatt, @willoremus, and @jordannovet
| Mark Gurman / Bloomberg: |
Sources: iPadOS 16 will have a redesigned multitasking interface, let users resize app windows, and offer new ways for users to handle multiple apps at once — Apple Inc. will announce significant changes to the iPad's software next week at its annual Worldwide Developers Conference …
More:
The Breakroom, The Verge, PYMNTS.com, TechCrunch, Patently Apple, Laptop Mag, PhoneArena, The Verge, 9to5Mac, iPhone Hacks, iDownloadBlog.com, iMore, Engadget, iClarified, iPhone in Canada Blog, PCMag, CNET, Macworld, Wccftech, SamMobile, SlashGear, MacDailyNews, MacRumors, Matridox, BGR, AppleInsider, XDA Developers, Forbes, ScreenRant, Livemint, and Kingswell
Tweets: @markgurman, @tailosivetech, @stalman, @chockenberry, @chockenberry, @reneritchie, @reneritchie, @firt, @johnvoorhees, @mattbirchler, @reneritchie, @someofmiles, @briantong, @tommyigoe, @viticci, @newsynick, @byteforbyte, @markgurman, @chris_lawley, @reneritchie, @markgurman, @maxwinebach, @maxwinebach, @nilsahrde, @stroughtonsmith, @parkerortolani, @jeremyburge, @stroughtonsmith, @raywongy, @reneritchie, @parkerortolani, and @detroitborg
| Aisha Malik / TechCrunch: |
Amazon launches an invite-based ordering option for high-demand, low-supply products in the US to counter bots, starting with PS5 and Xbox Series X consoles — Amazon is launching a new invite-based ordering experience for high-demand, low-supply products.
More:
TechSpot, SlashGear, Gizchina, HotHardware.com News, Engadget, Android Authority, and Android Headlines. Tweets: @mrinaldesai
| Ashley Carman / Bloomberg: |
Spotify's “white noise” podcasters are making thousands of dollars per month creating soothing sounds, a growing market that major networks have yet to explore — People on the prowl for a new podcast to consume often go for a stimulating option like a political debate or a true crime mystery to quicken the pulse.| Hema Parmar / Bloomberg: |
Tiger Global's investor letter shows its fund dropped 14.2% in May, due to losses in tech stocks and markdowns in private assets, pushing its 2022 losses to 52% — Losses at Tiger Global Management reached 52% this year, prompting the firm to cut management fees and create separate accounts …
More:
CNBC, Protocol, and Crunchbase News
Tweets: @integrity4mkts, @dee_bosa, @parmarhema, @sridinats, @thestalwart, and @alex
| Ina Fried / Axios: |
Meta announces a broad AI reorganization: VP of AI Jerome Pesenti will leave later in June, the Responsible AI team will join the Social Impact team, and more — Facebook parent Meta announced a broad reorganization of its AI efforts Thursday, a move that will embed more work within product teams …
More:
Meta AI and The Verge
Facebook: Yann LeCun and Jerome Pesenti
Tweets: @mergesort, @chriswallace95, @arlanwashere, @timnitgebru, @_trlwilliams, @nikki_t, @boztank, @timnitgebru, @arlanwashere, @arlanwashere, @timnitgebru, @timnitgebru, @boztank, @arlanwashere, @garymarcus, @an_open_mind, @schrep, @metaai, @inafried, @unusual_whales, @boztank, @caseynewton, @schrep, and @stevejobs_666
| Jordan Novet / CNBC: |
More:
The Verge, Silicon Valley Business …, The Economic Times, TechSpot, Silicon Republic, and City A.M.
Tweets: @damccormick13, @damccormick13, @damccormick13, and @damccormick13
| Will Feuer / Wall Street Journal: |
Filing: Microsoft has cut its Q4 sales guidance to $51.94B-$52.74B, down from $52.4B-$53.2B, citing a stronger US dollar; its shares are down ~21% this year — Tech giant's stock slips; it is the latest company to warn of the dollar's impact on financials — Microsoft Corp. MSFT 0.79%▲ … | Bloomberg: |
After helping build Google's and Meta's massive ad businesses, Sheryl Sandberg's legacy is complicated by blind spots on data, misinformation, and more — Sheryl Sandberg once remarked that she felt she was put on earth to scale organizations — and during her career as one of the most powerful executives …
More:
TIME, Washington Post, Vox, New York Times, The Economic Times, Fortune, and Politico
Tweets: @daveyalba, @opinion, @dianesbaker1, @garettsloane, @stevekovach, @libertyrpf, @sherman4949, @sherman4949, @sherman4949, @bangtheclose, @worldjewishcong, @mmfa, @realpaulsantos, @sheeraf, @sheeraf, @goldnecklace2, @andymstone, @sheeraf, @alexrkonrad, @daveyalba, @jason_kint, @johnwilander, @moonalice, @glennf, @daveyalba, @ohhkaygo, @schrep, @sarahfrier, @profcarroll, @amy_siskind, and @dankrutka
| Parmy Olson / Bloomberg: |
More:
Axios and New York Times
Tweets: @markgongloff, @divestech, @tonytassell, @the_rocktrading, @buccocapital, @parmy, and @opinion
| CNBC: |
Source:
Sheryl Sandberg. More:
Bloomberg, Wired, Protocol, New York Times, CNN, Fortune, Bloomberg, Forbes, CNBC, Street Register, TechRepublic, Newslit Daily, New York Post, Digiday, iMore, Noticias Tech, WRAL TechWire, Fossbytes, Android Authority, Coinspeaker, and Silicon Canals
Tweets: @tsimonite, @jason_kint, @felixsalmon, @andymstone, @uticaeric, @davidclinchnews, @hayskali, @bloombergtv, @mikeisaac, @profcarroll, @sarafischer, @thequint, @charliebeckett, @gerberkawasaki, @jess, @kantrowitz, @thebenbergman, @yoda, @daveleeft, @digiphile, @lifewinning, @stevenlevy, @deaneckles, @racsterls, @joshsternberg, @rachaelrad, @joshelman, and @profgalloway
| David Pierce / The Verge: |
A developer finds that Twitter appears to be working on Search Subscribe, a feature that lets users receive notifications for new tweets matching a search query — Think Google Alerts, but for Twitter — Twitter appears to be working on a feature called “Search Subscribe,” …
More:
Search Engine Land, PhoneArena, Digital Trends, and Search Engine Journal
Tweets: @evowizz and @chrismessina
| Harry McCracken / Fast Company: |
Reddit's first chief product officer Pali Bhat and CEO Steve Huffman talk about the site's growth plans, how AI can help its 50K volunteer moderators, and more — When Reddit decided to hire its first chief product officer last year, one of the first candidates that cofounder … | Chance Miller / 9to5Mac: |
Square plans to roll out support for Apple's new Tap to Pay on iPhone feature in its Square Point of Sale app later in 2022 and launches an Early Access Program — Square announced today that it is signing on to support Apple's new Tap to Pay on iPhone feature.
More:
Square, ZDNet, PYMNTS.com, Competition Policy …, iMore, MacRumors, Reuters, Apple Must, Crowdfund Insider, and AppleInsider. Tweets: @plantmath1
| Mark Gurman / Bloomberg: |
Sources: Apple plans to improve working hours for retail staff, including more hours between shifts, no work for more than five days in a row, and more — Apple Inc. has agreed to make work schedules at its retail stores more flexible, according to employees with knowledge of the plans … | Mary Ann Azevedo / TechCrunch: |
Sources: online insurance marketplace Policygenius has laid off ~170 employees, or ~25% of its staff, less than three months after raising a $125M Series E — Policygenius, an insurtech that raised $125 million in a Series E round less than three months ago, has reportedly laid off 25% of its staff.| Carly Page / TechCrunch: |
Mandiant: Russia-based cybercriminal group Evil Corp has shifted to a ransomware-as-a-service model to evade December 2019 US sanctions for its Dridex malware — The Russia-based cybercriminal group known as Evil Corp has shifted to a ransomware-as-a-service model in an effort to skirt U.S. sanctions …
More:
Mandiant, CyberScoop, datacenterknowledge.com, BleepingComputer, Dark Reading, and Cybernews.com
Tweets: @780thc, @ericgeller, and @bryceabdo
| Nitasha Tiku / Washington Post: |
Some Google staff say Google is willfully ignoring caste bias after the company canceled a presentation on the topic, which caused a senior manager to resign — The rising Hindu nationalist movement that has spread from India through the diaspora has arrived inside Google, according to employees and an activist on caste bias.
More:
Hamatha. Tweets: @audreytruschke, @equalitylabs, @timnitgebru, @profsunnysingh, @nitashatiku, @sangaymishra, @vauhinivara, @profdilipmandal, @dalitdiva, @sree, @ericajoy, @smashboard_, @sivavaid, @pranshuverma_, @willoremus, @dalitdiva, and @karunanundy
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