NY state senate passes bill that would ban crypto-mining operations powered by carbon-based sources for two years; governor now needs to sign bill or veto it
The state Assembly had already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.
Coinbase extends its hiring freeze “for as long as this macro environment requires” and will “rescind a number of accepted offers”, updating new hires by email
Coinbase is rescinding some accepted job offers and extending an existing pause on hiring new candidates …
Sources: Sandberg left Meta feeling burned out and amid an internal probe into her activities, including using corporate resources to plan her wedding
One of the world's most powerful executives became increasingly burned out and disconnected from the mega-business she was instrumental in building.
Influencers who focused on the Johnny Depp vs. Amber Heard trial made thousands of dollars through platform incentives, shaping public opinion in the process
Influencers discovered there's money and clout to be made in covering breaking news — When the verdict came …
Microsoft releases four principles recognizing its employees' rights to organize; president Brad Smith promises an “open and constructive approach” to unions
Conceding that the rise of labor unions in tech may ultimately reach its own business, Microsoft released a new set …
GM's Cruise secures a permit to charge fares for its driverless robotaxi service in San Francisco, which will operate from 10PM to 6AM on select streets
Cruise, the autonomous vehicle unit of General Motors, has finally been given the green light to start charging fares for its driverless robotaxi service in San Francisco.
Sources: Apple plans to improve retail staff schedules, raising minimum hours between shifts from 10 to 12, no work for more than five days in a row, and more
Apple Inc. has agreed to make work schedules at its retail stores more flexible, according to employees with knowledge of the plans …
Sources: iPadOS 16 will have a redesigned multitasking interface, letting users resize app windows and offering new ways to handle multiple apps at once
Wildcards: Mixed reality headset and more Macs Brian Heater / TechCrunch : What to expect from Apple's WWDC 2022 keynote Kif Leswing / CNBC : Apple's big annual conference kicks off next week: Here's ...
Atlassian warns users to restrict internet access to its Confluence software, or disable it, in light of an unpatched critical RCE flaw actively under attack
CISA's suggested action is to take the thing offline until it can be fixed, Atlassian has added a possible defence
Twitter says the 30-day waiting period for federal antitrust regulators to block Elon Musk's proposed $44B acquisition has ended
Twitter Inc. said Friday the window has closed for federal antitrust regulators to block Elon Musk's proposed $44 billion acquisition of the social media company.
Sensor Tower: daily downloads needed for an app to hit No. 1 on the US App Store is 156K, up 37% from 114K in 2019; Android apps need 56K, down from 83K in 2019
A new analysis indicates it's gotten harder to get an app to the top of the App Store, in terms of downloads, over the past several years.
The CFTC sues Gemini, alleging that the crypto exchange's staff misled the federal regulator during Gemini's 2017 effort to launch bitcoin futures contracts
Nikhilesh De / CoinDesk :
Meta announces a broad AI reorganization: VP of AI Jerome Pesenti will leave later in June, the Responsible AI team will join the Social Impact team, and more
Ina Fried / Axios :
In April, Google settled an Illinois lawsuit accusing it of violating the Biometric Information Privacy Act via a Photos face regrouping tool, for $100M
ROCKFORD, Ill. — Illinois residents are eligible to receive part of a $100 million class-action settlement after Google was accused of violating privacy laws in the state. Tweets: @adam_k_levin and @c...
A developer finds that Twitter appears to be working on Search Subscribe, a feature that lets users receive notifications for new tweets matching a search query
David Pierce / The Verge :
Sources: Facebook is developing a “basic ads” product that doesn't rely on anonymized data from users and instead uses metrics like engagement and video views
- Meta's Facebook is early in developing a “basic ads” product as privacy changes limit its targeting abilities.
Masayoshi Son used SoftBank's Vision Fund to build a society mediated by AI, but failed as he invested in firms with exploitative technology, not explorative
propped up Uber, Adam Neumann, and too many others with billions of dollars in easy money — and Ed's the guy to write about it. https://twitter.com/... Meghna Jayanth / @betterthemask : “But for many ...
Square plans to roll out support for Apple's new Tap to Pay on iPhone feature in its Square Point of Sale app later in 2022 and launches an Early Access Program
Filing: Microsoft cuts its Q4 sales guidance from $52.4B-$53.2B to $51.94B-$52.74B, citing a stronger US dollar; Microsoft's stock is down 18% so far in 2022
Daily News Snapshots — Microsoft Cuts Earnings and Revenue Guidance … Carla Mozée / Insider : Microsoft drops after cutting quarterly guidance on ‘unfavorable’ currency moves, highlighting headwinds...
A report highlights security risks in Meeting Owl, a videoconference device used by governments and colleges, including exposure of its Pro users' data
Dan Goodin / Ars Technica : Tweets: @dangoodin001 and @dangoodin001 Tweets: Dan Goodin / @dangoodin001 : @OwlLabs @MeetingOwl If you missed this post, it's worth a look just to grasp the magnitude of...
Indian edtech startups struggle post-pandemic; Byju's-owned WhiteHat Jr reportedly had ~800 educators quit while Lido shuttered and let go of its 1,200 staff
Adnan Bhat / Rest of World :
Yummy, which operates a delivery and transportation super app in Latin America, raises $47M led by Anthos Capital, bringing its total funding to $69M
Spotify's “white noise” podcasters are making thousands of dollars per month creating soothing sounds, a growing market that major networks have yet to explore
Sources: US lobbied against Newport Wafer Fab acquisition by Dutch subsidiary of China's Wingtech, a deal UK allowed, before launching a national security probe
Wall Street Journal : Tweets: @stuwoo Tweets: Stu Woo / @stuwoo : What does the U.S.-China tech Cold War look like in practice? I talked to people about how a U.S. diplomat is trying to get the U.K. ...
Tiger Global's investor letter shows its fund dropped 14.2% in May, due to losses in tech stocks and markdowns in private assets, pushing its 2022 losses to 52%
Internet censorship tech provider Sandvine says it is pulling out of Russia; internal records show it had deals with two ISPs, including Russia's second largest
Ryan Gallagher / Bloomberg : Thanks: @jeffstone500
FEC data: the crypto sector's political donations passed $26.3M in 2021 and Q1 2022, outpacing donations from Big Tech, drug makers, and the defense industry
Amazon launches an invite-based ordering option for high-demand, low-supply products in the US to counter bots, starting with PS5 and Xbox Series X consoles
Mandiant: Russia-based cybercriminal group Evil Corp has shifted to a ransomware-as-a-service model to evade December 2019 US sanctions for its Dridex malware
Seoul-based Rebellions, which builds chips designed for AI applications, raises a $50M Series A from Temasek's Pavilion Capital and others at a ~$283M valuation
Kate Park / TechCrunch :
Reddit's first chief product officer Pali Bhat and CEO Steve Huffman talk about the site's growth plans, how AI can help its 50K volunteer moderators, and more
but wants to preserve the human nature of the experience rather than drown it in AI. I spoke to Chief Product Officer Pali Bhat and cofounder/CEO Steve Huffman about what's new and what's next. https:...
Tel Aviv-based Laminar, which helps companies manage public cloud data security, raises $30M led by Salesforce and Tiger Global, bringing its Series A to $67M
Sources: online insurance marketplace Policygenius laid off ~170 employees, or ~25% of its staff, less than three months after raising a $125M Series E
Mary Ann Azevedo / TechCrunch :
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.