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June 2, 2022, 9:35 PM
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| Anushree Dave / The Block: |
Coinbase extends its hiring freeze “for as long as this macro environment requires” and will “rescind a number of accepted offers”, updating new hires by email — Coinbase is rescinding some accepted job offers and extending an existing pause on hiring new candidates …
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The Coinbase Blog, CoinDesk, The Information, TechCrunch, Decrypt, Protocol, Reuters, CNBC, CoinDesk, Bloomberg, and MarketWatch
| 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 …
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Microsoft On the Issues, Windows Central, Engadget, Protocol, CNN, Reuters, Axios, The Seattle Times, Wall Street Journal, Bloomberg, Game Rant, Neowin, Washington Post, Wccftech, and Kotaku
Tweets: @bradsmi, @willoremus, @hamiltonnolan, @tomwarren, @jamieson, @nickstatt, @willoremus, and @jordannovet
| 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 …
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Meta AI and The Verge
Facebook: Yann LeCun and Jerome Pesenti
Tweets: @arlanwashere, @mergesort, @chriswallace95, @arlanwashere, @timnitgebru, @_trlwilliams, @nikki_t, @boztank, @timnitgebru, @arlanwashere, @timnitgebru, @timnitgebru, @boztank, @arlanwashere, @garymarcus, @an_open_mind, @schrep, @metaai, @inafried, @unusual_whales, @boztank, @caseynewton, @schrep, and @stevejobs_666
| Bloomberg: |
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Wired, TIME, Washington Post, Vox, The Guardian, CNN, Reuters, New York Times, TechRepublic, The Economic Times, Digiday, Politico, The Economist, and Wall Street Journal
Tweets: @daveyalba, @profgalloway, @profgalloway, @libertyrpf, @mmfa, @stevekovach, @goldnecklace2, @opinion, @uticaeric, @bloombergtv, @dianesbaker1, @sherman4949, @alexrkonrad, @daveyalba, @sheeraf, @jason_kint, @worldjewishcong, @sherman4949, @johnwilander, @garettsloane, @realpaulsantos, @moonalice, @bangtheclose, @glennf, @daveyalba, @ohhkaygo, @schrep, @sheeraf, @sarahfrier, @profcarroll, @andymstone, @sherman4949, @sheeraf, @amy_siskind, @dankrutka, @carnage4life, @muslimadvocates, @orientaljanedoe, and @shiraovide
| Parmy Olson / Bloomberg: |
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Wall Street Journal, CNBC, Axios, TechSpot, WRAL TechWire, Fossbytes, Silicon Republic, Variety, Silicon Canals, City A.M., The Cut, TechCircle, Newsweek, and Financial Times
Tweets: @tsimonite, @divestech, @hayskali, @tonytassell, @sarafischer, @markgongloff, @the_rocktrading, @buccocapital, @parmy, and @opinion
| 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, The Block, Gizmodo, Finextra, Reuters, CryptoSlate, crypto.news, Protocol, The Verge, Crypto Adventure, Bitcoin Magazine, Cointelegraph, and Web3 is going just great
Tweets: @silvermanjacob, @cameron, @tyler, @web3isgreat, and @coindesk
| Mark Gurman / Bloomberg: |
Sources: iPadOS 16 will have a redesigned multitasking interface, letting users resize app windows and offering new ways 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 …
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The Breakroom, The Verge, TechCrunch, PYMNTS.com, PhoneArena, Laptop Mag, The Verge, 9to5Mac, iPhone Hacks, iDownloadBlog.com, iMore, Engadget, iClarified, iPhone in Canada Blog, PCMag, CNET, Macworld, Wccftech, SamMobile, SlashGear, MacDailyNews, MacRumors, Matridox, BGR, Patently Apple, AppleInsider, XDA Developers, Forbes, ScreenRant, Livemint, Kingswell, and AppleTrack
Tweets: @markgurman, @jamesthomson, @viticci, @stroughtonsmith, @stroughtonsmith, @viticci, @samifathi_, @rsgnl, @stroughtonsmith, @stroughtonsmith, @stroughtonsmith, @tailosivetech, @stalman, @chockenberry, @chockenberry, @reneritchie, @reneritchie, @stroughtonsmith, @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:
BGR, 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:
Insider, Fortune, Wall Street Journal, Protocol, Crunchbase News, and CNBC
Tweets: @integrity4mkts, @dee_bosa, @parmarhema, @sridinats, @thestalwart, and @alex
| Will Feuer / Wall Street Journal: |
Filing: Microsoft cuts its Q4 sales guidance from $52.4B-$53.2B to $51.94B-$52.74B, citing a stronger US dollar; Microsoft's stock is down 18% so far in 2022 — Tech giant's stock slips; it is the latest company to warn of the dollar's impact on financials
More:
Insider, MarketWatch, Investor's Business Daily, Reuters, GeekWire, Financial Times, CNBC, and RTÉ
| Mark Gurman / Bloomberg: |
Sources: Apple plans to improve retail staff schedules, raising minimum hours between shifts from 10 to 12, 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 …
More:
Engadget, AppleInsider, 9to5Mac, Reuters, MacRumors, and MacDailyNews
| 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 … | 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, 9to5Google, PhoneArena, Android Headlines, Pocket-lint, iMore, Digital Trends, and Search Engine Journal
Tweets: @evowizz and @chrismessina
| 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.
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Square, ZDNet, PYMNTS.com, Competition Policy …, iMore, MacRumors, Reuters, Apple Must, Crowdfund Insider, AppleInsider, and Cult of Mac. Tweets: @plantmath1
| Adnan Bhat / Rest of World: |
Indian edtech startups struggle post-pandemic; Byju's-owned WhiteHat Jr reportedly had ~800 educators quit while Lido shuttered and let go of its 1,200 staff — The pandemic drove a boom in online education startups. Now they're laying off employees by the hundreds. — • NEW DELHI, INDIA
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ReadOn
| Mary Ann Azevedo / TechCrunch: |
Sources: online insurance marketplace Policygenius 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, BleepingComputer, datacenterknowledge.com, Dark Reading, and Cybernews.com
Tweets: @780thc, @ericgeller, and @bryceabdo
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