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June 9, 2022, 12:25 AM
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| Elizabeth Dwoskin / Washington Post: |
Source: Twitter's board plans to comply with Elon Musk's demands for internal data on bots by offering access to its full “firehose”, after a weeks-long impasse — The billionaire is in a protracted battle with the company over information about spam and fake accounts
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The Verge, Associated Press, New York Times, Digital Trends, Engadget, Axios, SiliconANGLE, iPhone in Canada Blog, iMore, MobileSyrup, Financial Times, OnMSFT.com, New York Post, Social Media Today, Protocol, Hollywood Reporter, Benzinga, Input, The Hill, Ars Technica, Gizmodo, Variety, Wccftech, Tech News, Insider, Fast Company, and CoinGape
Tweets: @willoremus, @mikeisaac, @raywert, @lizzadwoskin, @shoq, @matt, @gerritd, @kashhill, @mikeisaac, @mikeisaac, @dataandpolitics, @brittanheller, @daveleeft, @mrinaldesai, @nash076, @jamespmcleod, @bigblackjacobin, @dataandpolitics, @caseynewton, @brianmfloyd, @midi_guru, @seyitaylor, @carnage4life, @ethanjacobslaw, @bluechoochoo, @blackamazon, @scottlincicome, @r0wdy_, @peterhamby, @gottalaff, @robinwigg, @parismartineau, @thegmcconnachie, @kurtwagner8, @thehonorableat, @cyantist, @americanwombat, @markberman, @martinsfp, @vc, @cbouzy, and @jamesrbuk
| Bloomberg: |
Sources: Twitter's Vijaya Gadde told staff in a meeting that a shareholder vote to approve Elon Musk buying the company will occur in late July or early August — Twitter Inc.'s top lawyer reassured staff Wednesday that the deal to sell the company to billionaire Elon Musk is still progressing …
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Reuters and Associated Press
| Mark Gurman / Bloomberg: |
Apple will handle Apple Pay Later's lending, a first for the company; in-house subsidiary Apple Financing LLC will oversee credit checks and make loan decisions — Apple Inc. will handle the lending itself for a new “buy now, pay later” offering, sidestepping partners as the tech giant pushes deeper …
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Financial Times, The Verge, Transistori, Financial Times, Tech.co, CNBC, Finextra, Protocol, 9to5Mac, Engadget, iMore, AppleInsider, TechCrunch, iMore, MacDailyNews, MacRumors, PhoneArena, Reuters, Insider, Tech Xplore, and TNW
Tweets: @markgurman, @fttechnews, @detroitborg, @anshelsag, @excapite, @darth, @paulmarkbailey, @gareth_rutter, @mondomascots, @zacbowden, @emmonspired, @rosebudkane25, @newsynick, @michaelsayman, @gartenberg, @carnage4life, @micwasowski, @freezydorito, @maxwinebach, @bvlaar, @dotybilly, @rsgnl, @f__peladeau, @caro_milanesi, @vadimyuryev, @stephennellis, @benedictevans, @carnage4life, @lordmatty, and @soflotrading
| Prakhar Khanna / Digital Trends: |
Apple says Stage Manager is limited to M1 iPads because the feature relies on iPadOS 16's fast memory swap, which lets demanding apps use storage as virtual RAM — At its Worldwide Developers Conference (WWDC) 2022, Apple announced numerous new features for iPadOS 16.
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Apple, AppleInsider, iMore, SlashGear, TechSpot, MacRumors, 9to5Mac, BGR, iThinkDifferent, iDownloadBlog.com, and Cult of Mac
Tweets: @markgurman, @stroughtonsmith, @viticci, @stroughtonsmith, @samifathi_, @stevesi, @gartenberg, @geoffhackworth, @geoffhackworth, @geoffhackworth, @stroughtonsmith, @stroughtonsmith, @dimillian, @detroitborg, @dmoren, @ultralinx, @markgurman, @martinmoorejr, @theramalmedia, @stevesi, @stroughtonsmith, and @stroughtonsmith
| Alex Konrad / Forbes: |
After leaving Amazon on July 1, Dave Clark will join supply chain software startup Flexport as co-CEO starting September 1, becoming sole CEO six months later — Former Amazon consumer chief Dave Clark has a new job: co-CEO, and eventually sole CEO, of $8 billion-valued supply chain software startup Flexport.
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TechCrunch, The Information, CNBC, Bloomberg, Financial Times, Reuters, Tech Xplore, SiliconANGLE, Insider, Bloomberg, GeekWire, Seattle Business Journal, and Newcomer
Tweets: @typesfast, @alexrkonrad, @danprimack, @kinjeketile, @grlemkau, @tobi, @amy_k_nelson, @chrisfralic, @kimmaicutler, @shaig, @delrey, @buccocapital, @mims, @alexrkonrad, @alexrkonrad, @typesfast, @peterpham, and @mattmday
| Cristina Criddle / Financial Times: |
In an email, ByteDance says Joshua Ma, who leads UK's TikTok Shop, will “step back” during a probe into comments that he “didn't believe” in maternity leave — Joshua Ma will ‘take some time off’ after claims were brought to TikTok by the Financial Times
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Social Media Today, The Daily Beast, The Independent, and Fortune
Tweets: @henrymance and @mshannahmurphy
| Cristina Criddle / Financial Times: |
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SiliconANGLE, The Guardian, New York Post, Insider, and City A.M.
| Kyle Wiggers / TechCrunch: |
GitHub is sunsetting Atom, the text editor for developers it launched in 2011, and will archive all projects under the Atom organization on December 15, 2022 — GitHub today announced that it will sunset Atom, the text editor for software development that the company introduced in 2011.
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The GitHub Blog, GitHub, and The Register
| Todd Bishop / GeekWire: |
Microsoft plans to stop adding noncompete clauses to US employment agreements, drop NDAs from US worker settlements, add salary ranges to US job posts, and more — Bending to employee sentiment and legislative mandate, Microsoft announced a series of reforms Wednesday that will curtail …
More:
Microsoft On the Issues, Reuters, Gizmodo, New York Post, and Protocol. Tweets: @quinnypig. Thanks:@johnhcook
| Malathi Nayak / Bloomberg: |
Meta faces eight lawsuits this week that claim its algorithms lead to attempted suicide, eating disorders, sleeplessness, and other issues in young people — Meta Platforms Inc. is now a leader in another social media trend — lawsuits claiming the company built algorithms in its platforms …
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NBC News, LAW.com, Dailystar.co.uk, Insider, ExchangeWire.com, and The Independent
Tweets: @hypervisible, @blaw, @jimsteyer, @caldotheapache, @realjunsonchan, @unusual_whales, @hypervisible, and @ajdelgado13
| Andrew Asmakov / Decrypt: |
Ethereum's proof-of-stake Merge upgrade goes live on Ropsten, Ethereum's oldest testnet for blockchain development testing before deployment on the mainnet — First rolled out in 2016, Ropsten is Ethereum's oldest testnet that allows for blockchain development testing before deployment on the mainnet.| Florence Ion / Gizmodo: |
Google releases Android 13 Beta 3 for Pixel phones and says Android 13 has reached platform stability, meaning the developer APIs and how apps perform are final — As the beta reaches Platform Stability, Google would like to remind you that Android tablets aren't dead yet. — Alerts
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Android Developers Blog, The Verge, 9to5Google, Android Developers, Android Police, Esper Blog, Droid Life, ZDNet, Android Headlines, SlashGear, Android Authority, MobileSyrup, Android Police, Android Central, CNET, Tom's Guide, Digital Trends, and GSMArena.com
Tweets: @maxwinebach, @basicappleguy, and @mishaalrahman
| Joe Rossignol / MacRumors: |
Apple's iOS 16 introduces the ability to transfer an eSIM from another iPhone via Bluetooth while setting up cellular service — iOS 16 introduces a useful new feature that allows an eSIM to be transferred between iPhones via Bluetooth while setting up cellular service.
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CNET, MobileSyrup, Softpedia News, iPhone in Canada Blog, Wccftech, Cult of Mac, and iPhone Hacks
Tweets: @dcseifert, @detroitborg, @connorjewiss, @saranbyte, and @annkur
| Sarah McBride / Bloomberg: |
Vanta, which offers enterprise data security compliance tools, raises $110M led by Craft Ventures at a $1.6B valuation, bringing its total funding to ~$163M — In some ways, Vanta Inc. looks like a startup from a frothier era. It's run by a 35-year-old entrepreneur in San Francisco and sells software primarily to other startups.
More:
vanta.com, San Francisco Business Journal, and SiliconANGLE
| André Beganski / Decrypt: |
South Korean crypto exchanges Bithumb and Upbit plan to delist Litecoin, saying the token's new privacy features violate the country's anti-money laundering law — Two major exchanges in South Korea said they will delist Litecoin due to new privacy features enabled by the protocol.
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CoinDesk, cafe.bithumb.com, CoinGape, Coinspeaker, The Block, and Cryptopolitan
| Thomas Brewster / Forbes: |
Unsealed docs: the US Secret Service ordered travel companies Sabre and Travelport to spy on a Russian hacker for two years, providing weekly location reports — A Forbes legal challenge forces the unsealing of documents that reveal for the first time the scope of secretive surveillance orders … | Alex Heath / The Verge: |
Meta's head of infrastructure David Mortenson steps down; engineering and infrastructure VP Santosh Janardhan, his direct report, will take over later in June — The change comes days after the announced departure of Sheryl Sandberg — Another executive change is hitting Meta … | Alex Wilhelm / TechCrunch: |
The Block: weekly NFT sales declined by just over 70% from a high of nearly 1M units in the third week of 2022 to 250K+ at the end of May 2022 — The consumer trading boom has deflated, pushing unicorns and recently public companies alike into defensive modes.
Tweets: @enzomazza and @billbennettnz
| Dan Taylor / Tech.eu: |
Sweden-based Juni, a neobank catering to e-commerce and online marketing companies, raises a $206M Series B, $100M in equity led by Mubadala and $106M in debt — Sweden's Juni has raised $206 million ($100 equity/$106 debt) in a Series B funding round. — Swedish integrated payment …
More:
Reuters and Silicon Canals
| Todd Spangler / Variety: |
Spotify's podcast business generated nearly €200M in 2021 revenue, up 300% YoY, but had a -57% gross margin; Spotify monetized 14% of listening time in Q1 2022 — Spotify disclosed some key financial metrics of its podcast business for the first time — and while the $1 billion-plus …
More:
TechCrunch, Wall Street Journal, Hollywood Reporter, Reuters, and Bloomberg
Tweets: @omri_legacy and @pkedrosky
| Gillian Tan / Bloomberg: |
London-based Codat, whose universal API for SMB data is used by SaaS, lending, and payments companies, raises a $100M Series C at an ~$825M valuation — Codat, a software startup that connects small businesses with financial institutions, raised $100 million in an equity funding round led by JPMorgan Chase & Co.'s growth-equity arm.
More:
FinSMEs, PR Newswire, PYMNTS.com, Finextra, Codat, Grit Daily News, and Tech.eu. Tweets: @fjollabakalli
| Stephen Nellis / Reuters: |
Memo: Intel freezes all hiring in its client computing group, which handles desktop and laptop chips, cancels some travel, and makes other cost-cutting measures — Intel Corp (INTC.O) has frozen hiring in the division responsible for PC desktop and laptop chips, according to a memo reviewed by Reuters …
Tweets: @quinnypig and @stephennellis
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