Tech Meme

Naomi Nix / Washington Post: Source: Meta plans more layoffs, possibly in the thousands, including by flattening the company’s hierarchy and via more traditional cuts to projects and jobs  —  The Facebook parent company plans to push some leaders into lower-level roles, flattening layers of management at the social media giant Lees verder op Tech Meme

Sean Endicott / Windows Central: Microsoft releases an updated Bing app on iOS and Android in preview, adds chatbot support to Edge on mobile and Skype, and says 64% of searches are on mobile  —  Microsoft just expanded the new Bing to Android, iOS, Edge mobile, and Skype.  —  What you need to know Lees verder op Tech Meme

Alex Konrad / Forbes: Tome, which uses AI to help build pitch decks, raised a $43M Series B, a source says at a $300M valuation, up from $175M in 2021 and claims over 1M users  —  Now valued at $300 million while still pre-revenue, per a source, Tome says it’s the fastest productivity software maker to ever reach 1 million users since its September release. Lees verder op Tech Meme

Sarah Perez / TechCrunch: Ahead of its Stream On event, Spotify launches an AI-powered feature called DJ, offering curated music and spoken commentary in a “stunningly realistic voice”  —  Ahead of Spotify’s upcoming Stream On event, where the company is expected to announce a redesigned home feed and other updates … Lees verder op Tech Meme

Michael del Castillo / Forbes: A profile of Alexis Ohanian, a Reddit co-founder, Serena Williams’ husband, and early investor in Coinbase and ETH, who owns 700+ NFTs and raised $500M in 2022  —  Alexis Ohanian’s ancestors perished during the Armenian genocide and had their assets seized. Lees verder op Tech Meme

Bloomberg: Turkey’s telecoms watchdog BTK blocks access to Eksi Sozluk, one of the country’s biggest social media sites; pro-government media celebrated the move  —  Turkey’s media watchdog fined three TV channels over their coverage of this month’s earthquakes, the latest move by the state to influence the narrative around the disaster. Lees verder op Tech Meme

Dave Michaels / Wall Street Journal: Securities lawyers say the SEC may struggle to win a lawsuit over stablecoins, such as Paxos’ BUSD, because owners do not expect profits, part of the Howey test  —  Agency investigates whether the cryptocurrencies’ issuance violated investor-protection laws  —  Washington’s battle to rein in crypto has a new front: stablecoins. Lees verder op Tech Meme

Jesse Hamilton / CoinDesk: The SEC has now issued dozens of enforcement actions to crypto companies, moves critics say let the agency shape crypto without a direct system of regulations  —  U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler thinks the cryptocurrency industry is playing a game with his agency. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Finch, which helps companies connect to HR apps, services, and systems, raised a $40M Series B co-led by General Catalyst and Menlo, taking its funding to $68M  —  Finch, a platform that helps companies connect to various HR apps, services and systems, today announced that it raised $40 million … Lees verder op Tech Meme

New York Times: TSMC staff express doubts over the company’s decision to build a $40B factory in Arizona, arguing the project distracts from R&D, showing TSMC’s tricky position  —  Employee doubts are rising about Taiwan Semiconductor Manufacturing Company’s $40 billion investment in an Arizona factory. Lees verder op Tech Meme