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June 14, 2022, 2:25 PM
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memeorandum
WeSmirchTop News
| Brian Armstrong / The Coinbase Blog: |
Coinbase plans to reduce its headcount by ~18%, or ~1,100 people, “to ensure we stay healthy during this economic downturn” after the company “grew too quickly” — Earlier today, I shared the following note with all Coinbase employees. — Team,
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SEC.gov, CNBC, CoinDesk, Bloomberg, Ars Technica, SiliconANGLE, CNET, PCMag, Crunchbase News, Web3 is going just great, BBC, The Verge, The Block, Wall Street Journal, Engadget, Finextra, Blockworks, New York Times, AltFi, PC Gamer, VICE, The Hill, Financial Times, Axios, The Crypto Lobby, Decrypt, Gizmodo, TechCrunch, Protocol, American Banker, Cointelegraph, New York Post, Fortune, Insider, Cryptonews, Ethereum World News, The Block, CryptoPotato, and The Independent
Tweets: @coinbase, @brian_armstrong, @thestalwart, @lawmaster, @bryan_vehonsky, @teamblind, @anthony, @bonecondor, @wublockchain, @laurashin, @jack_raines, @brian_armstrong, @mylesudland, @jack_raines, @helaineolen, @loopifyyy, @conorsen, @gergelyorosz, @ahcastor, @ljin18, @ldignan, @danprimack, @damedoteth, @lay2000lbs, @loudmouthjulia, @kimcrayton1, @pt, @adamsinger, @catherineflick, @jkup, @spencernoon, @ivanthek, @epsilontheory, @bennetttomlin, @josephmdurso, @arjunkharpal, @wublockchain, @blockfizac, @deezefi, @scottjohnson, @loudmouthjulia, @sarthakgh, @kpriime, @seyitaylor, @lawblob, @gergelyorosz, @seyitaylor, @adamscochran, @gaborgurbacs, and @carterthomas
| 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%▲ … | Matthew Panzarino / TechCrunch: |
Craig Federighi says Stage Manager is exclusive to M1 iPads because it requires the M1's better GPU, virtual memory, storage, and RAM for a seamless experience — 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 …
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Macworld, Tom's Guide, 9to5Mac, AppleInsider, Redmond Pie, iThinkDifferent, Pocketnow, The Overspill, and iDownloadBlog.com
Tweets: @byteforbyte, @stroughtonsmith, @stroughtonsmith, @stroughtonsmith, @stroughtonsmith, @stevesi, @trentstech, @reneritchie, @stroughtonsmith, @mattcassinelli, @impatrickt, @mattcassinelli, @impatrickt, @mattcassinelli, @reneritchie, @mattcassinelli, @impatrickt, @reneritchie, @reneritchie, @reneritchie, @craigjduffy, @craigjduffy, @mcelhearn, @craigjduffy, @craigjduffy, @craigjduffy, @mcelhearn, @joetfregoso, @stroughtonsmith, @stroughtonsmith, and @darth
| Filipe Espósito / 9to5Mac: |
Sources: Apple is working on a new entry-level iPad with a USB-C port instead of Lightning, A14 chip, 5G, and an improved display, likely coming this year — Earlier this year, 9to5Mac exclusively reported that Apple was working on a new generation iPad Air to have the M1 chip and 5G support … | Jacob Kastrenakes / The Verge: |
Adobe begins testing a free-to-use version of Photoshop for the web in Canada; 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 and plans to open the service …
More:
YouTube, Fortune, Android Authority, Gizmodo, PCWorld, 9to5Mac, Neowin, Adobe Press Releases, iPhone in Canada Blog, WinBuzzer, MobileSyrup, and iMore
| Dawn Chmielewski / Reuters: |
Spotify announces a Safety Advisory Council to provide non-binding third-party input on issues such as hate speech, disinformation, extremism, and online abuse — Spotify Technology SA (SPOT.N) on Monday announced it has formed a Safety Advisory Council to provide third-party input on issues … | WABetaInfo: |
Mark Zuckerberg says WhatsApp users can securely transfer their chat history from Android to iOS while maintaining 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 …
Source:
Facebook. More:
The Verge, Engadget, Livemint, TechCrunch, 9to5Google, XDA Developers, CNET, 9to5Mac, BigTechWire, iMore, Six Colors, ZDNet, PhoneArena, Tom's Guide, TechRadar, MacStories, NDTV Gadgets 360, NextPit, BGR India, and T3. Tweets: @martinsfp
| Kris Holt / Engadget: |
Meta begins rolling out parental support tools for Quest headsets and Instagram, including a parent education hub and additional prompts to take breaks — Meta is introducing new parental supervision features for Quest virtual reality headsets and Instagram.
More:
Meta, CNET, The Verge, Protocol, PYMNTS.com, Meta, TechCrunch, iPhone in Canada Blog, NPR, iMore, ConnectSafely, Pocket-lint, Mashable, PhoneArena, The Hill, BBC, and Telegraph
Tweets: @elizableu, @instagram, @missingkids, @mosseri, @mattnavarra, @nickclegg, @chrismessina, @andymstone, @mattnavarra, @jennaguillaume, @davisantigone, and @hinduja
| Bloomberg: |
Sources: Elon Musk will address Twitter employees and take questions at a company-wide virtual meeting on Thursday morning — Elon Musk will address Twitter Inc. employees at a company-wide meeting this week, the first time the Tesla Inc. chief executive officer will meet with employees since agreeing …
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Insider, Wall Street Journal, Engadget, Mercury News, BBC, International Business Times, The Verge, Onsitego Blog, Reuters, MobileSyrup, Gizmodo, iPhone in Canada Blog, Law and Politics, Mashable, Gizchina, and Barron's Online
Tweets: @juddlegum, @masonpelt, and @brianstelter
| Tim Hardwick / MacRumors: |
Germany's Bundeskartellamt regulator launches an antitrust investigation into Apple's ATT tracking rules and anti-tracking tech — Germany's Federal Cartel Office, the Bundeskartellamt, has initiated proceedings against Apple to investigate whether its tracking rules and anti-tracking technology …
Source:
Bundeskartellamt. More:
The Platform Law Blog, AppleInsider, iPhone in Canada Blog, iClarified, iMore, 9to5Mac, and Financial Times
Tweets: @kartellamt, @lewis_crofts, and @jcremer
| Jennifer Maas / Variety: |
Netflix, which has released 23 mobile games since November 2021, says it plans to double the number of games on its service by the end of 2022 — Since launching its mobile games offering to members seven months ago, Netflix has released a total of 23 titles.| Mariella Moon / Engadget: |
Firefox turns its Total Cookie Protection feature on by default on desktop, after launching it as opt-in in 2021 — All Firefox users on desktop will now be protected by the browser's Total Cookie Protection feature by default. Mozilla calls it the browser's “strongest privacy protection to date …
More:
9to5Mac, MacRumors, Slashdot, MobileSyrup, TechCrunch, AppleInsider, and XDA Developers
| Taylor Hatmaker / TechCrunch: |
Meta announces a Voice Mode setting for Horizon Worlds, letting users garble voices from strangers, rolling out in the coming weeks, and launches in the UK — Meta might soon want everyone to hop into its playful virtual realms, but some users are set up for a shock.
More:
Meta Quest Blog, PCMag, Road to VR, The Verge, The Economic Times, and UploadVR
Tweets: @vishalshahis and @bcarlton727
| 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 conservation feature DVFS — Hertzbleed attack targets power-conservation feature found on virtually all modern CPUs. — Microprocessors from Intel … | Dean Takahashi / VentureBeat: |
Playful Studios, the maker of Words With Friends, raised $46M to build Wildcard, a Web3 game combining collectible cards with battle arena real-time strategy — Playful Studios, the maker of Words With Friends and Lucky's Tale, unveiled a Web3 game and raised $46 million for its The Wildcard Alliance division.| Brandy Betz / CoinDesk: |
Binance paused bitcoin withdrawals for a few hours on Monday “due to a stuck transaction causing a backlog”; the company says BTC withdrawals have since resumed — CEO Changpeng Zhao attributed the issue to a “stuck transaction,” and promised a quick fix.
Source:
@cz_binance, @binance, and @cz_binance. More:
CNBC, Binance, CoinGeek, Coinspeaker, Waivly, CoinJournal, and Micky
Tweets: @fatmanterra, @binance, @kimdotcom, and @ryan_browne_
| Daniel Roberts / Decrypt: |
More:
tether.to, Bloomberg, Washington Post, Something Interesting, and The Economic Times
Tweets: @celsiusnetwork, @mashinsky, @jonwu_, @nexo, @lessin, @wassielawyer, and @dadkins_
| Bloomberg: |
| Manish Singh / TechCrunch: |
Sequoia launches two funds: a $2B early-stage, venture, and growth fund for India and an $850M dedicated fund for Southeast Asia, the largest in the regions — Sequoia India and Southeast Asia has launched two new funds, a $2 billion early-stage, venture and growth fund for India …
More:
Sequoia India, Moneycontrol, VCCircle, Entrackr, Nikkei Asia, The Economic Times, and Reuters
Tweets: @sequoia_india and @sequoia_india
| Brenda Goh / Reuters: |
A Chinese regulator says automaker Geely plans to acquire a 79% stake in smartphone maker Meizu for an undisclosed amount and release a smartphone by 2023 — A venture run by the founder of Chinese automaker Zhejiang Geely Holding (GEELY.UL) plans to acquire an 79% stake in Chinese smartphone maker Meizu … | Financial Times: |
Alibaba and Tencent are struggling to grow their cloud businesses after Beijing's tech crackdown and competition from politically favored Huawei and others — Chinese tech giants are struggling to grow their cloud businesses as Beijing favours state vendors| Sarah Nassauer / Wall Street Journal: |
Wonder, a food delivery app led by Marc Lore, raised $350M last month, sources say at a $3.5B valuation, bringing its total raised to $900M in equity and debt — The New York-based company cooks hot meals from a network of neighborhood trucks and wants to expand its service area
More:
Axios and Business Wire
| Kyle Wiggers / TechCrunch: |
Invoca, which uses AI to analyze contact center calls, has raised $83M led by Silver Lake Waterman at a $1.1B post-money valuation — Invoca, a platform that uses AI to analyze calls for marketing, sales, and customer agent training purposes, today closed an $83 million funding round that values the company at $1.1 billion post-money.| Kate Park / TechCrunch: |
Indonesia-based consumer payment service Flip announces a $55M Series B extension led by Tencent, bringing the round to $103M and its total raised to $120M — Flip, an Indonesia-based consumer payment platform, has closed a $55 million Series B extension round led by Tencent with participation from Block …
More:
FinSMEs and DealStreetAsia
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Athena Stavrou / The Independent:Dominick Mastrangelo / The Hill:
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