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June 2, 2022, 2:35 PM
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| CNBC: |
Sheryl Sandberg is leaving Meta this fall after 14 years, and chief growth officer Javier Olivan will take over as COO; Sandberg will stay on Meta's board — Sheryl Sandberg is stepping down from her role as Chief Operating Officer at Meta, the company formerly known as Facebook.
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Sheryl Sandberg. More:
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Facebook: Mark Zuckerberg. Tweets: @tsimonite, @jason_kint, @thequint, @bloombergtv, @andymstone, @profcarroll, @profgalloway, @daveleeft, @joshelman, @uticaeric, @davidclinchnews, @hayskali, @swodinsky, @so_many_ryans, @deaneckles, @mikeisaac, @sarafischer, @charliebeckett, @gerberkawasaki, @stevenlevy, @rachaelrad, @jess, @lifewinning, @racsterls, @thebenbergman, @joshsternberg, @om, @digiphile, @yoda, @ericgarland, @ericgarland, @ericnewcomer, @edludlow, @earlofenough, @zevshalev, @slpng_giants, @blackamazon, @therealhoarse, @public_citizen, @mattbelloni, @rcarranza_, @jason_kint, @jason_kint, @heidibeirich, @jason_kint, @sruhle, @andizeisler, @stevenrenderos, @ericgarland, @ericgarland, @ericgarland, @quantian1, @matthewstoller, @fboversight, @asheschow, @cooper_m, @jason_kint, @samrhall, @ericgarland, @jbendery, @brij, @nickstatt, @rsg, @dataandpolitics, @melissagira, @anildash, @choffstein, @sherman4949, @bigblackjacobin, @digiphile, @schwartzbcnbc, @masonpelt, @almostmedia, @sportsrapport, @jamesrbuk, @jdevalk, @johnbuysse, @melissagira, @kylebrussell, @b_fung, @ch3ryl, @katiedrumm, @matthewmspace, @danprimack, @kifleswing, @mshannahmurphy, and @matthewstoller
| 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
Tweets: @inafried, @stevejobs_666, @unusual_whales, @caseynewton, and @schrep
| Bloomberg: |
After helping build Google's and Meta's massive ad business, 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 …
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Reuters, The Guardian, Washington Post, New York Times, Vox, Reuters, The Economic Times, Wall Street Journal, The Economist, Bitcoinist.com, Politico, and rfob.medium.com
| Jordan Novet / CNBC: |
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Reuters, Silicon Valley Business …, The Economic Times, TechSpot, Silicon Republic, City A.M., Insider, and SiliconANGLE
Facebook: Javier Olivan. Tweets: @damccormick13, @damccormick13, @damccormick13, @damccormick13, and @jordannovet
| Parmy Olson / Bloomberg: |
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Axios, The Hill, and Variety
Tweets: @divestech, @opinion, @tonytassell, @parmy, @the_rocktrading, and @buccocapital
| 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:
HotHardware.com News, Android Authority, Engadget, and Android Headlines. Tweets: @mrinaldesai
| 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, Reuters, AppleInsider, MacRumors, Protocol, Crowdfund Insider, Apple Must, and iMore. Tweets: @plantmath1
| 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:
Protocol, Crunchbase News, and CNBC
Tweets: @integrity4mkts, @parmarhema, @sridinats, @thestalwart, @dee_bosa, and @alex
| 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.| Brenda Goh / Reuters: |
Amazon plans to stop supplying retailers in China with Kindles, close its Kindle e-bookstore in China on June 30, 2023, and remove the Kindle app in 2024 — Amazon.com (AMZN.O) said it will stop supplying retailers in China with its Kindle e-readers from Thursday and will shut its Kindle e-bookstore … | 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,” … | 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, @nitashatiku, @smashboard_, @timnitgebru, @profsunnysingh, @equalitylabs, @sangaymishra, @vauhinivara, @profdilipmandal, @dalitdiva, @sree, @ericajoy, @sivavaid, @pranshuverma_, @dalitdiva, and @karunanundy
| Arun Padmanabhan / The Economic Times: |
ExpressVPN decides to pull its servers out of India, citing the impossibility of complying with an upcoming mandate to record users' names and activities — New Delhi: Virtual private network (VPN) operator ExpressVPN is pulling its servers out of India, citing the impossibility of complying …
More:
Home of internet privacy, Washington Post, Livemint, HackRead, BGR India, Entrackr, Raquel's Newsletter, TechCircle, Inc42 Media, The Hacker News, Fossbytes, and The Register
Tweets: @just1doctorwala and @abhisheksay
| MacKenzie Sigalos / CNBC: |
Former federal prosecutors say Do Kwon is unlikely to face prison time as it would be hard to prove intent to defraud, but fines and lawsuits are more likely — - Do Kwon is the 30-year-old South Korean founder of a $60 billion stablecoin project that imploded last month.| Tim Keary / VentureBeat: |
Devo Technology, a cloud-native logging and security analytics provider, raises a $100M Series F led by Eurazeo at a $2B valuation — Today, cloud-native logging and security analytics provider Devo Technology announced it has raised $100 million as part of a Series F funding round, and achieved a valuation of $2 billion.| Christine Hall / TechCrunch: |
Yummy, which operates a delivery and transportation app in Latin America, raises $47M led by Anthos Capital, bringing its total funding to $69M — Less than a year after taking its first funding, Latin American local on-demand delivery and transportation super app Yummy is back with an upsized round of $47 million.| Angus Loten / Wall Street Journal: |
Enterprise software companies like IBM, HP, and Oracle have shown resilience amid the recent tech rout, boosted by demand for their cloud computing services — Enterprise software companies have shown relative resilience in the recent tech rout, and fevered demand for their cloud-computing services explains it, analysts say
Tweets: @jrichlive
| Andrew Hayward / Decrypt: |
The Solana blockchain was down for about four hours on Wednesday after a bug blocked consensus; network validators disabled the feature to restart the network — SOL is down 11% for the day as Solana dealt with another period of downtime, forcing a rollback and restart by validators. — In brief
More:
Solana Status, Bloomberg, CoinJournal, CNBC, Finbold, CoinGeek, CoinGape, Cryptonews, and Benzinga
Tweets: @solanastatus, @laine_sa_, @ben_mckenzie, @mayazi, @epro, and @carnage4life
| Alexander Martin / Sky News: |
US Cyber Command head Paul Nakasone confirms that US military hackers have conducted cyberattacks in support of Ukraine in response to Russia's invasion — In an exclusive interview with Sky News, General Paul Nakasone confirmed for the first time that the US had “conducted a series of operations” …
More:
Reuters, The Hill, TechRadar, Bob's Newsletter, and Silicon Republic
Tweets: @cliff_sims, @epro, @markmackinnon, and @maxabrahms
| Oshry Alkeslasi / Geektime: |
Tel Aviv-based Laminar, which helps companies manage public cloud data security, raises $30M led by Salesforce and Tiger Global, bringing its Series A to $67M — The Israeli startup doubles its recruitment from last November and add alongside Sentinel One, Insight, Tiger Global and the support …
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