Techmeme
June 17, 2022, 12:35 AM

Top News

Bloomberg:
Sources: Elon Musk addressed Twitter employees for the first time since agreeing to buy the company in April, discussing potential layoffs, moderation, and more  —  Tesla Inc. Chief Executive officer Elon Musk discussed his stance on what types of content should be allowed on Twitter Inc.'s social network …
Financial Times:
Sources: BlockFi was among the groups that liquidated at least some positions held by Three Arrows Capital, which failed to meet margin calls this past weekend  —  BlockFi was among a clutch of firms that liquidated the Singapore-based group's positions  —  Three Arrows Capital failed …
Sergiu Gatlan / BleepingComputer:
The Markup:
Analysis: 33 of the top 100 US hospitals used the Meta Pixel tracker, sending to Facebook data including medical conditions, prescriptions, and appointments  —  Experts say some hospitals' use of an ad tracking tool may violate a federal law protecting health information
Andy Greenberg / Wired:
Researchers connect an Indian police agency to hackers who planted evidence in 2018 on the PCs of human rights activists jailed on framed terrorism charges  —  New details connect police in India to a plot to plant evidence on victims' computers that led to their arrest.
Dana Mattioli / Wall Street Journal:
A look at Andy Jassy's first year as Amazon CEO, as he seeks to reverse some of Jeff Bezos' aggressive pandemic investments, close physical stores, and more  —  Amid one of the worst stretches for financial performance in Amazon's history, the new CEO is working to cut back the excesses …
Brody Ford / Bloomberg:
Vendr, which helps companies manage SaaS purchasing, has raised a $150M Series B co-led by Craft Ventures and Vision Fund 2 at a $1B valuation  —  Vendr Inc., a firm that centralizes business software purchasing and management, announced it was valued at $1 billion after a $150 million funding round …
Ed Smith / PCGamesN:
Activision Blizzard says its internal review found there is “no widespread harassment, pattern or practice of harassment, or systemic harassment” at the company  —  Following a series of lawsuits, and claims of misconduct, an internal investigation by Activision concludes there is “no widespead harassment” - at Activision
Alex Sherman / CNBC:
TikTok's global business solutions head says TikTok is an entertainment platform, not a social network like Facebook, and hasn't seen a slowdown in ad revenue  —  - Facebook is openly copying TikTok, and calling it out as a significant competitor.  — But Blake Chandlee …
Katie Collins / CNET:
The EU toughens its Code of Practice on Disinformation, covering deepfakes, bots, fake accounts, and more; Meta, Google, TikTok, Twitter, and others sign up  —  What's happening The EU strengthens rules around how tech companies tackle problems such as deepfake videos, bots and fake accounts.
Taylor Hatmaker / TechCrunch:
Reddit will acquire Spell, a platform for running machine learning experiments founded in 2016 by a former Facebook engineer, for an undisclosed amount  —  Reddit announced Thursday that it would buy Spell, a platform for running machine learning experiments, for an undisclosed amount.
Manish Singh / TechCrunch:
India-based FanClash, which lets users compete with one another with fantasy esports teams via its mobile app, raised a $40M Series B led by Alpha Wave Global  —  Millions of Indians each year assemble virtual sports teams, placing their hopes on the players they pick to perform exceedingly well in real-world matches.
More: Entrackr

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