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June 15, 2022, 4:00 PM
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memeorandum
WeSmirchTop News
| Frank Chaparro / The Block: |
Sources: crypto hedge fund Three Arrows Capital faces an uncertain future after a $400M+ liquidation; CEO Su Zhu: we are “fully committed to working this out” — The future of crypto hedge fund Three Arrows Capital hangs in the balance as the firm faces potential insolvency after being liquidated by its lenders.
More:
tether.to, CoinDesk, Decrypt, SiliconANGLE, VICE, Bloomberg, Cointelegraph, CoinDesk, FULLSTACK, CoinQuora, Market Meditations, Cointelegraph, CryptoSlate, Blockworks, The Defiant, Web3 is going just great, Moonbirds Ecosystem Update, Crypto Briefing, watcher.guru, CNBC, The Guardian, Cryptonews, Ethereum World News, Wisdom of DeFi, Protos, Finbold, Coinspeaker, Wall Street Journal, CryptoPotato, Decryptor0 Newsletter, Crowdfund Insider, and Tech in Asia
Tweets: @zhusu, @paoloardoino, @hodlkryptonite, @onchainwizard, @lawmaster, @hodlkryptonite, @sobylife, @nexo, @twobitidiot, @danny8bc, @coryklippsten, @nexo, @defiyst, @midasthefool, @defiyst, @rleshner, @fintechfrank, @lawmaster, @altcryptogems, @alexrkonrad, @autismcapital, @krugermacro, @jasonyanowitz, @tradermayne, @coinbureau, @cz_binance, @robinwigg, @trackinflation, @0xtuba, @cobie, @swissborg, @thinkingusd, @ryan_browne_, @lthomasnews, @ledgerstatus, @alexhern, @cryptoharry_, @midasthefool, @mansourtarek_, @lawmaster, @buccocapital, @econoar, @nope_its_lily, @autismcapital, and @ryansadams
| Molly White / @molly0xfff: |
[Thread] A look at Kraken's announcement of a culture overhaul, eschewing “stereotypical team diversity measurements”, as the crypto exchange touts hiring plans — Kraken, a U.S.-based crypto exchange, has announced they'll be continuing to hire, and have announced a culture overhaul that promotes “diversity of thought” over “stereotypical team diversity measurements” and prohibits describing another's words as “racist” or “x-phobic”. 🧵
More:
Kraken Blog, CoinDesk, Web3 is going just great, Cointelegraph, TechCrunch, and The Block
Tweets: @jespow, @rmac18, @jespow, @krakenfx, @molly0xfff, @jespow, @micsolana, @lizzywol, @pierre_rochard, @jasonzweigwsj, @ruskin147, @iron_spike, @rmac18, @dmccabe, @rmac18, @eringriffith, @rmac18, @rmac18, @steveparks, @chhopsky, @molly0xfff, @human_not_bees, @gbousis, @evacide, @eyilanke, @mshannahmurphy, @blackamazon, @bleything, @richburroughs, @ummjackson, @antoniogm, @ijbailey, @quinnypig, @molly0xfff, @wbm312, @mslopatto, @heyjovo, @tangotiger, @chadstanton, @heyjulesfern, @alexhern, @austen, @borrowcheck, @parkermolloy, @molly0xfff, @battymamzelle, and @molly0xfff
| New York Times: |
Internal Kraken comms and interviews with five workers: some staff accuse CEO Jesse Powell of fostering a hateful workplace and dozens are considering quitting — Jesse Powell, who leads the crypto exchange Kraken, has challenged the use of preferred pronouns, debated who can use racial slurs and called American women “brainwashed.”| Jon Porter / The Verge: |
Carl Pei reveals Nothing phone (1) ahead of its July 12 launch event, saying “leaks are harder to contain nowadays”; details likely to come over the next month — Nothing, the consumer tech startup led by OnePlus co-founder Carl Pei, has shown off the rear design of its debut Phone 1 smartphone.
Source:
@getpeid. More:
YouTube, Gizmodo, Input, iPhone in Canada Blog, Digital Trends, BGR, Android Authority, Laptop Mag, 9to5Google, Android Police, TechCrunch, Pocket-lint, XDA Developers, Engadget, and Android Authority
Tweets: @nothing, @mcwm, @benedictevans, @connorjewiss, @aulia, @tomwarren, and @r3dash
| Tim Bradshaw / Financial Times: |
More:
Light Reading, KnowTechie, MobileSyrup, Android Central, CNET, Neowin, Mashable, and Phandroid
Tweets: @tim, @counternotions, and @benwood
| Josh Taylor / The Guardian: |
Microsoft retires Internet Explorer after nearly 27 years, disabling the desktop app and directing users to Edge, which arrived with Windows 10 in 2015 — Company says decision to disable desktop app comes as web developers less likely to make sites compatible with browser, which first graced computers in 1995
More:
Windows Blog, The Verge, Nikkei Asia, Ars Technica, XDA Developers, PCMag, CNBC, Tech Monitor, BleepingComputer, Mashable, PCWorld, Telegraph, Gizmodo, BleepingComputer, Newser, The Verge, Fortune, People.com, Neowin, Washington Post, GameSpot, Pureinfotech, Malwarebytes Labs, PC Gamer, Associated Press, and Bloomberg
Tweets: @tomwarren, @mattdeco, @francoisz, @mims, @lizaoutlives, @shanselman, @johnny_suputama, @gossithedog, @jbenton, @keyon, @smalls1138n, @business, @kantrowitz, @dj_rozwell, @brucel, @lisafleisher, @cassidoo, and @nixcraft
| New York Times: |
NHTSA data from July 1, 2021, to May 15, 2022: six people died in 392 incidents involving driver-assistance tech; Teslas were in 273 crashes and five were fatal — The National Highway Traffic Safety Administration released data on 10 months of crashes involving systems like Tesla's Autopilot.
Source:
NHTSA. More:
Washington Post, NHTSA, FreightWaves, TechCrunch, The Register, Engadget, CNBC, Insider, New York Post, VICE, The Verge, KnowTechie, The Road to AI We Can Trust, Reuters, and Wall Street Journal
| Alex Heath / The Verge: |
Internal memo: Meta plans to make Facebook more like TikTok, including bringing Messenger back into the app and recommending posts from “unconnected” sources — Facebook employees were recently given a new directive with sweeping implications: make the app's feed more like TikTok.
More:
9to5Mac. Tweets: @nickstatt, @martinsfp, @btx91, @bennyfactor, @alexeheath, @rjcc, and @stevekovach
| Foo Yun Chee / Reuters: |
The EU's General Court sides with Qualcomm over the European Commission's €997M fine from 2018 for allegedly paying Apple billions to use only Qualcomm chips — U.S. chipmaker Qualcomm (QCOM.O) on Wednesday won its fight against a 997-million-euro ($1.05 billion) fine imposed …
Source:
Court of Justice of the European Union. More:
MacRumors, SiliconANGLE, PYMNTS.com, SlashGear, The Mac Observer, Bloomberg, Euractiv, Silicon Republic, Android Police, The Economic Times, The Verge, TechCrunch, BGR India, MacDailyNews, iMore, Telecoms.com, iPhone Hacks, Engadget, FOSS Patents, The Register, Wall Street Journal, 9to5Mac, AppleInsider, and Philip Elmer‑DeWitt
Tweets: @jcbcp, @lewis_crofts, @eucourtpress, and @lewis_crofts
| James Vincent / The Verge: |
YouTube launches a corrections feature, letting creators add infocards in the top right-hand corner of a video at a relevant timestamp — Instead of having to re-upload a whole video — Everyone makes mistakes, but if you mess up a fact or flub a line in a YouTube video it can be hard to correct the error.
More:
YouTube, TechRadar, Neowin, MobileSyrup, XDA Developers, Engadget, and Tubefilter
Tweets: @jeffnolan and @reneritchie
| Wall Street Journal: |
Source: crypto lender Celsius Networks is looking for financing options from investors and exploring other strategic alternatives, like financial restructuring — Celsius Network, among the largest crypto lenders, has paused user accounts, citing extreme market conditions
More:
The Block, Protocol, Bloomberg, CoinQuora, Cointelegraph, CryptoSlate, Coinspeaker, watcher.guru, CoinZ's Newsletter, Cryptonews, Blockworks, CryptoPotato, Forbes, Ethereum World News, and Decrypt
Tweets: @celsiusnetwork, @coinbureau, @mrinaldesai, @pkedrosky, @zerohedge_, @lefterisjp, @nash076, and @nash076
| Miles Kruppa / Wall Street Journal: |
Google says 1.5B+ people watch YouTube Shorts every month; TikTok had 1B+ MAUs in September 2021 and third parties estimated almost 1.6B MAUs in March 2022 — Alphabet's Google discloses Shorts monthly viewership for first time amid heightened competition from TikTok and Instagram Reels
More:
TechCrunch, Mashable, Engadget, Bloomberg, The Verge, Variety, and iMore
Tweets: @glenngabe, @meghanbobrowsky, @sarahfrier, and @mhbergen
| Max Chafkin / Bloomberg: |
Meta's reported investigation into Sheryl Sandberg's expenses feels strange given the company has spent lavishly to boost Mark Zuckerberg and its executives — For an entrepreneur who has made “community” his life's mission, Mark Zuckerberg has always seemed oddly fixated on managing his own appearance.
Tweets: @chafkin, @danawollman, @iankar_, @ebboyd, and @chafkin
| Sydney Maki / Bloomberg: |
As crypto markets tank, El Salvador has so far lost ~$56M after President Nayib Bukele bought 2,301 bitcoin, raising concerns about debt repayments — An epic rout that has wiped out about two-thirds of Bitcoin's value is exacerbating the debt crisis in the world's most crypto-friendly country.
More:
Blockworks, CNN, CryptoSlate, and Coinspeaker
Tweets: @nayibbukele, @jonaguiar, @silvermanjacob, @getdelta, @fungibies, and @rodrigocampos
| Bloomberg: |
In a note to staff, Spotify says it will slow hiring growth by 25%; Spotify hired 2,000+ staff from 2019 to 2021 bringing its headcount to 6,617; stock up 7%+ — Spotify Technology SA will slow hiring growth by 25%, the latest sign of how fears of a recession are weighing on the economy.| Kyle Wiggers / TechCrunch: |
Fountain, which builds tools to help employers track applicants during the interview process, raised $100M led by B Capital at a nearly $1B valuation — The “Great Resignation,” the trend where workers are leaving their jobs at a higher-than-usual rate, is continuing unabated.
More:
FinSMEs
| Ingrid Lunden / TechCrunch: |
AlphaSense, which offers search tools for market intelligence, has raised a $225M Series D at a $1.7B valuation, following a $180M Series C in September 2021 — Google showed the way when it came to the world understanding and valuing the importance of a good search engine to unlock all the information you could find on the internet.
More:
SiliconANGLE and FinSMEs
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