Techmeme
June 14, 2022, 5:55 PM

Top News

Brian Armstrong / The Coinbase Blog:
Stephanie Kirchgaessner / The Guardian:
Sources: American defense firm L3Harris is in talks with NSO Group to buy its core technology, as well as a possible transfer of NSO personnel to L3Harris  —  Deal - which would require approval from US and Israel - would give L3Harris control over controversial Pegasus tool
Filipe Espósito / 9to5Mac:
Sources: Apple plans to refresh its entry-level iPad with a USB-C port instead of Lightning, an A14 chip, 5G, and an improved display, likely coming in 2022  —  Earlier this year, 9to5Mac exclusively reported that Apple was working on a new generation iPad Air to have the M1 chip and 5G support …
José Adorno / 9to5Mac:
Jacob Kastrenakes / The Verge:
Adobe begins testing a freemium version of Photoshop for the web in Canada to introduce more users to the app; some features will eventually be subscriber-only  —  For now, it's testing a freemium version in Canada  —  Adobe has started testing a free-to-use version of Photoshop on the web …
WABetaInfo:
Mark Zuckerberg announces WhatsApp users can securely transfer their chat history from Android to iOS while keeping e2ee, expanding on iOS to Android support  —  Like Love Haha Wow Sad Angry  —  After announcing important changes for the Cloud API at the Conversations 2022 keynote …
Wall Street Journal:
Apple and Major League Soccer announce a 2023-2032 broadcasting deal for MLS games, available via an MLS streaming service in the Apple TV app or with Apple TV+  —  Deal underscores iPhone maker's streaming ambitions and battle for sports programming  —  Apple Inc. AAPL 0.71%▲ …
Sarah Nassauer / Wall Street Journal:
Wonder, a food delivery app led by Marc Lore, raised $350M in May 2022 sources say at a ~$3.5B valuation, bringing its total funding in equity and debt to $900M  —  The New York-based company cooks hot meals from a network of neighborhood trucks and wants to expand its service area
Mary Ann Azevedo / TechCrunch:
Redfin plans to lay off ~470 staff, or 8% of its workforce, and Compass is laying off ~450 staff, or ~10%, as housing demand softens amid rising interest rates  —  Says Redfin CEO: 'I said we wouldn't lay people off unless we had to.  We have to.'  —  The housing market has taken a huge hit …
Dan Goodin / Ars Technica:
Researchers find a vulnerability in Intel and AMD CPUs that could let hackers steal encryption keys via a side channel attack on power management feature DVFS  —  Hertzbleed attack targets power-conservation feature found on virtually all modern CPUs.  —  Microprocessors from Intel, AMD …
Kris Holt / Engadget:
Meta begins rolling out parental support tools for Quest headsets and Instagram, including a parent education hub and more prompts for kids to take breaks  —  Meta is introducing new parental supervision features for Quest virtual reality headsets and Instagram.
Bloomberg:
Data shows Chinese orders for overseas-sourced chipmaking equipment rose 58% YoY in 2021, as some US chipmakers say Chinese firms are paying above-market prices  —  China's semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington.
Tim Hardwick / MacRumors:
Germany's Bundeskartellamt regulator launches an antitrust investigation into whether Apple's ATT tracking rules and anti-tracking tech are self-preferencing  —  Germany's Federal Cartel Office, the Bundeskartellamt, has initiated proceedings against Apple to investigate whether its tracking rules …
Chris Welch / The Verge:
Sonos Voice Control assistant review: fast, private, and good at tasks like grouping rooms, but lacks Spotify support and doesn't understand some artists' names  —  Sonos' assistant only takes music requests, and that actually works out in its favor  —  When Sonos Voice Control was announced last month …
Kellen Browning / New York Times:
A Massachusetts court rules that a proposed ballot measure, backed by Uber and Lyft, to classify gig drivers as independent contractors violates state law  —  The ruling ends a $17.8 million campaign by companies like Uber and Lyft that would have led to the classification of their drivers as independent contractors.
Ron Miller / TechCrunch:
Arkestro, which uses machine learning, game theory, and behavioral science to help companies procure supplies and services, raised a $26M Series A  —  Procurement involves buying supplies and services you need to run your business.  For the most part, companies still use email and spreadsheets …
More: Arkestro and FinSMEs
Matthew Panzarino / TechCrunch:
Craig Federighi says Stage Manager is exclusive to M1 iPads because it leverages the M1's more powerful GPU, I/O in virtual memory, faster storage, and more RAM  —  SVP Craig Federighi on stretching Apple's iPad to fit new ways of working  —  Though the iPad was a huge hit from the beginning based …
Kate Beioley / Financial Times:
The UK's Competition Appeal Tribunal backs the CMA's right to find that Meta's purchase of Giphy may harm innovation, ruling against all but one appeal by Meta  —  CMA may have to look again at decision as result of Facebook parent's one successful challenge at tribunal
Amelia Isaacs / AltFi:
Berlin-based Airbank, an all-in-one banking service for managing cash flow that integrates with PayPal and banks, raised a $20M Series A led by Molten Ventures  —  The fundraise comes a year after the startup's initial seed round of $3m.  —  Finance management platform for SMEs Airbank has closed a $20m Series A funding round.
More: Tech.eu

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