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Showing posts from May, 2022

Safari now has an estimated 1B+ users, making it the second browser to pass the milestone, behind Chrome's 3.37B+, but ahead of Edge's 212M+ and Firefox's 179M+ (Atlas VPN)

Atlas VPN: Safari now has an estimated 1B+ users, making it the second browser to pass the milestone, behind Chrome's 3.37B+, but ahead of Edge's 212M+ and Firefox's 179M+  —  Browsers can connect you to any place on the internet.  It retrieves and renders data to show it nicely on your screen. https://bit.ly/3x3bjwQ

Menlo Microsystems, which aims to make circuit breakers and electrical switches far more efficient, raises $150M, bringing its total raised to $225M (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat: Menlo Microsystems, which aims to make circuit breakers and electrical switches far more efficient, raises $150M, bringing its total raised to $225M  —  Menlo Microsystems unveiled its Ideal Switch recently and it also raised $150 million to shake up the electronics industry. https://bit.ly/3z7RF5y

Vendia, a blockchain-based multi-cloud enterprise data sharing service, raises a $30M Series B led by NewView Capital, bringing its total funding to $50M (Frederic Lardinois/TechCrunch)

Frederic Lardinois / TechCrunch: Vendia, a blockchain-based multi-cloud enterprise data sharing service, raises a $30M Series B led by NewView Capital, bringing its total funding to $50M  —  Vendia, a blockchain-based platform that makes it easier for businesses to share their code and data with partners across applications … https://bit.ly/3M2BdGD

A profile of Paramount three years into its streaming shift, an underdog choosing to continue alone as Netflix and Disney dominate and other streamers cut deals (Benjamin Mullin/New York Times)

Benjamin Mullin / New York Times: A profile of Paramount three years into its streaming shift, an underdog choosing to continue alone as Netflix and Disney dominate and other streamers cut deals  —  The dominance of Netflix and Disney in streaming has forced many companies to join forces.  So far, Paramount has gone its own way. https://bit.ly/3NOHmYl

How musicians like Weezer frontman Rivers Cuomo use Discord: artists share ideas, host parties, and engage with fans, who help with moderation and other tasks (Cat Zhang/Pitchfork)

Cat Zhang / Pitchfork: How musicians like Weezer frontman Rivers Cuomo use Discord: artists share ideas, host parties, and engage with fans, who help with moderation and other tasks  —  Originally launched as a messaging app for gamers, the platform has become an intimate place for artists and fans to connect and build community. https://bit.ly/3a63jU4

BlockSec: a buggy smart contract on Mirror Protocol, a Terra DeFi app for betting on stocks using synthetic assets, was exploited for ~$90M over seven months (Vishal Chawla/The Block)

Vishal Chawla / The Block: BlockSec: a buggy smart contract on Mirror Protocol, a Terra DeFi app for betting on stocks using synthetic assets, was exploited for ~$90M over seven months  —  Quick Take  — The exploit was accidentally discovered by a Terra community member last week.  — It has been confirmed by security analysts BlockSec. https://bit.ly/38vWWsH

Report: Google, Bing, and YouTube regularly return Chinese state media content in the top US results on China's human-rights record and the origins of COVID-19 (Karen Hao/Wall Street Journal)

Karen Hao / Wall Street Journal: Report: Google, Bing, and YouTube regularly return Chinese state media content in the top US results on China's human-rights record and the origins of COVID-19  —  On issues important to Beijing, official Chinese sources also enjoy strong placement on YouTube and other widely used U.S. services, a new report finds https://bit.ly/3GyyDan

How self-driving startups Wayve, Waabi, and Autobrains are using end-to-end AI learning, hoping to leapfrog market leaders like Cruise and Waymo (Will Douglas Heaven/MIT Technology Review)

Will Douglas Heaven / MIT Technology Review: How self-driving startups Wayve, Waabi, and Autobrains are using end-to-end AI learning, hoping to leapfrog market leaders like Cruise and Waymo  —  The mainstream approach to driverless cars is slow and difficult.  These startups think going all-in on AI will get there faster. https://bit.ly/3m1Kxje

Kuo says that TSMC's roadmap from 2021 suggests this year's iPhone "A16" chip will stick to a 5nm process and new Macs later this year will also have a 5nm CPU (Benjamin Mayo/9to5Mac)

Benjamin Mayo / 9to5Mac: Kuo says that TSMC's roadmap from 2021 suggests this year's iPhone “A16” chip will stick to a 5nm process and new Macs later this year will also have a 5nm CPU  —  Analyst Ming-Chi Kuo pointed out on Twitter today that the public roadmap for TSMC's silicon processes indicates … https://bit.ly/3a84yC3

Latest AICO Act revisions are carveouts for telcos and financial companies and do not fix real problems with the bill, like a disguised content moderation ban (Mike Masnick/Techdirt)

Mike Masnick / Techdirt: Latest AICO Act revisions are carveouts for telcos and financial companies and do not fix real problems with the bill, like a disguised content moderation ban  —  Look: there are very real issues with the state of the internet today, including the amount of power a few companies have. https://bit.ly/3m0QvRr

As Terra blockchain reboots, freshly minted new LUNA tokens started trading on a number of exchanges and swiftly plummeted about 70% from the opening price (Sujith Somraaj/Decrypt)

Sujith Somraaj / Decrypt: As Terra blockchain reboots, freshly minted new LUNA tokens started trading on a number of exchanges and swiftly plummeted about 70% from the opening price  —  After peaking at $19.54 earlier on Saturday, it's been mostly downhill.  —  Terraform Labs early Saturday launched a new version … https://bit.ly/3lRTAmX

Nansen: TerraUSD collapse wasn't a work of a single attacker but likely a result of investment decisions from a small number of large UST holders (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg: Nansen: TerraUSD collapse wasn't a work of a single attacker but likely a result of investment decisions from a small number of large UST holders  —  The collapse of the TerraUSD (UST) stablecoin that sent shockwaves throughout the crypto ecosystem can't be attributed to a single attacker, according to researcher Nansen. https://bit.ly/3LXzvpZ

Chinese government data shows domestic smartphone shipments fell 30% YoY to ~86M units in the first four months of 2022 amid the resurgence of COVID-19 in China (Yang Jie/Wall Street Journal)

Yang Jie / Wall Street Journal: Chinese government data shows domestic smartphone shipments fell 30% YoY to ~86M units in the first four months of 2022 amid the resurgence of COVID-19 in China  —  From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world's biggest smartphone market https://bit.ly/3t2ZZjf

Sources: the Broadcom-VMware deal happened within two weeks; Broadcom CEO had switched his focus to software amid regulatory headwinds for semiconductor deals (Financial Times)

Financial Times: Sources: the Broadcom-VMware deal happened within two weeks; Broadcom CEO had switched his focus to software amid regulatory headwinds for semiconductor deals  —  Hock Tan and Michael Dell agreed industry-defining deal, codenamed ‘Project Atlas,’ within two weeks https://bit.ly/3LR0xiM

Interview with Ted Sarandos about Netflix's recent share price plunge, backing Dave Chappelle's latest comedy special, Hollywood schadenfreude, and more (Maureen Dowd/New York Times)

Maureen Dowd / New York Times: Interview with Ted Sarandos about Netflix's recent share price plunge, backing Dave Chappelle's latest comedy special, Hollywood schadenfreude, and more  —  The Netflix executive says he — and the company he helped build — will survive a bout of bad earnings numbers.  — Give this article- - - Read in app https://bit.ly/3wSn9tD

Some teens say French social networking app Yubo, which had 18M downloads in the US, ignored reports that the Uvalde shooter threatened violence on the app (Washington Post)

Washington Post: Some teens say French social networking app Yubo, which had 18M downloads in the US, ignored reports that the Uvalde shooter threatened violence on the app  —  Young people who met the alleged gunman online said he had threatened to kidnap, rape or kill.  But they said their reports … https://bit.ly/3LYkRyJ

Microsoft researchers find high severity vulnerabilities in mce Systems' framework used by Android apps from carriers including AT&T, Telus, Rogers, and Bell (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer: Microsoft researchers find high severity vulnerabilities in mce Systems' framework used by Android apps from carriers including AT&T, Telus, Rogers, and Bell  —  Microsoft security researchers have found high severity vulnerabilities in a framework used by Android apps from multiple large international mobile service providers. https://bit.ly/3LWXRjx

People from countries like Argentina, Venezuela, and Nigeria invested in Terra as they saw it as more stable than local currency, but lost thousands in savings (Rest of World)

Rest of World: People from countries like Argentina, Venezuela, and Nigeria invested in Terra as they saw it as more stable than local currency, but lost thousands in savings  —  “I have nothing left, not even a penny.”  —  Valeria makes around $300 a month selling prepared food from her home in Buenos Aires. https://bit.ly/3wTh9C5

Jadu, which is developing an AR game built around virtual objects owned by players in a metaverse, raises $36M led by Bain Capital Crypto (Agne Cimermanaite/Metaverse Post)

Agne Cimermanaite / Metaverse Post: Jadu, which is developing an AR game built around virtual objects owned by players in a metaverse, raises $36M led by Bain Capital Crypto  —  Jadu Mirrorverse — an AR game built around virtual objects owned by the players — just raised $36M to help create the Web3 “definitive AR & gaming platform … https://bit.ly/3lVPlXm

Report: only 15% of GPs at European VC firms are women, managing just 9% of total assets; in the UK, 13% of GPs are women, managing 5% of total assets (Amy Lewin/Sifted)

Amy Lewin / Sifted: Report: only 15% of GPs at European VC firms are women, managing just 9% of total assets; in the UK, 13% of GPs are women, managing 5% of total assets  —  Across Europe as a whole, 85% of VC GPs are men.  —  In worse than the average in the UK, where 87% of GPs are men. https://bit.ly/3NGK1TE

Microsoft confirms it is developing an HDMI device codenamed Keystone, that connects to any TV or monitor, and offers Xbox game streaming (Jez Corden/Windows Central)

Jez Corden / Windows Central: Microsoft confirms it is developing an HDMI device codenamed Keystone, that connects to any TV or monitor, and offers Xbox game streaming  —  The key to the cloud.  —  For a few years, rumors have persisted that Microsoft was exploring building some form of streaming stick … https://bit.ly/3Gqltfi

Poland-based Nomagic, which makes pick-and-place warehouse robots, raises a $22M Series A led by Khosla Ventures, Almaz Capital, and European Investment Bank (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: Poland-based Nomagic, which makes pick-and-place warehouse robots, raises a $22M Series A led by Khosla Ventures, Almaz Capital, and European Investment Bank  —  Robotics are playing a growing role in the world of e-commerce logistics and fulfillment — where they are seen not just as a way to speed … https://bit.ly/3wS3hIf

Sleuth, an AI-powered tool that integrates with software development toolchains to measure developer productivity, raises a $22M Series A led by Felicis (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Sleuth, an AI-powered tool that integrates with software development toolchains to measure developer productivity, raises a $22M Series A led by Felicis  —  As knowledge workers including software engineers shifted to remote work during the pandemic, executives expressed a concern that productivity would suffer as a result. https://bit.ly/3w5q2a0

Axiomatic Gaming, the parent of esports organization Team Liquid, raises $35M led by Ares Management, valuing Team Liquid at $415M (Matt Craig/Forbes)

Matt Craig / Forbes: Axiomatic Gaming, the parent of esports organization Team Liquid, raises $35M led by Ares Management, valuing Team Liquid at $415M  —  Axiomatic Gaming, the parent company behind esports organization Team Liquid, has raised $35 million in funding, the latest example of big investment money flowing into the industry. https://bit.ly/3ynjPJA

As decentralized crypto bridges prove susceptible to hacks, with ~$1B stolen in February and March, centralized exchanges are rushing out bridge-like features (Olga Kharif/Bloomberg)

Olga Kharif / Bloomberg: As decentralized crypto bridges prove susceptible to hacks, with ~$1B stolen in February and March, centralized exchanges are rushing out bridge-like features  —  High-profile hacks on crypto “bridges” — which let users swap digital tokens across blockchains — are creating opportunities … https://bit.ly/3MUV0bO

Ian Goodfellow, Apple's director of ML, is leaving due to its return to work policy, saying in a note that "more flexibility would have been the best policy" (Zoë Schiffer/@zoeschiffer)

Zoë Schiffer / @zoeschiffer: Ian Goodfellow, Apple's director of ML, is leaving due to its return to work policy, saying in a note that “more flexibility would have been the best policy”  —  Ian Goodfellow, Apple's director of machine learning, is leaving the company due to its return to work policy. In a note to staff, he said “I believe strongly that more flexibility would have been the best policy for my team.” He was likely the company's most cited ML expert. https://bit.ly/3LWUJ86

China orders internet services to tighten controls to stop under-18s from tipping live streamers or becoming live streamers themselves without guardian consent (Brenda Goh/Reuters)

Brenda Goh / Reuters: China orders internet services to tighten controls to stop under-18s from tipping live streamers or becoming live streamers themselves without guardian consent  —  China on Saturday ordered internet platforms to step up governance of how under-18s use their livestreaming services as part … https://bit.ly/393vpio

Sources: Allen Wu, who was replaced as CEO of Arm China by Liu Renchen, has refused to surrender control amid Shanghai's lockdown, where Arm China's HQ is based (Financial Times)

Financial Times: Sources: Allen Wu, who was replaced as CEO of Arm China by Liu Renchen, has refused to surrender control amid Shanghai's lockdown, where Arm China's HQ is based  —  Allen Wu refuses to surrender control in extraordinary corporate battle at UK chip designer  —  High in a Shenzhen office tower … https://bit.ly/38cx8Sj

How low prices and influencers helped Chinese online fast fashion retailer Shein become the world's third biggest private company, claiming a 28% US marketshare (Vauhini Vara/Wired)

Vauhini Vara / Wired: How low prices and influencers helped Chinese online fast fashion retailer Shein become the world's third biggest private company, claiming a 28% US marketshare  —  The Chinese company has become a fast-fashion juggernaut by appealing to budget-conscious Gen Zers.  But its ultralow prices are hiding unacceptable costs. https://bit.ly/3wuRfDB

Internal docs: Google is revamping performance reviews, resulting in higher pay, as it tries to ease tensions between staff and leadership about compensation (Jennifer Elias/CNBC)

Jennifer Elias / CNBC: Internal docs: Google is revamping performance reviews, resulting in higher pay, as it tries to ease tensions between staff and leadership about compensation  —  - Google introduced changes in efforts to streamline its performance reviews and promotions.  — Executives said the changes … https://bit.ly/3vNLUYF

SEC filing: Voodoo PC founder Rahul Sood's Irreverent Labs, which unveiled its NFT robot cock fighting game MechaFightClub in January 2022, raised $40M (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat: SEC filing: Voodoo PC founder Rahul Sood's Irreverent Labs, which unveiled its NFT robot cock fighting game MechaFightClub in January 2022, raised $40M  —  Irreverent Labs has raised $40 million to further boost its efforts to create MechaFightClub, a robot cock fighting game that uses non-fungible tokens (NFTs). https://bit.ly/3yh7p5J

An interview with a part-time employee who earns $10/hour at RaterLabs, a Google subcontractor evaluating search and ad-placement results for accuracy (Alexandra Garfinkle/Yahoo Finance)

Alexandra Garfinkle / Yahoo Finance: An interview with a part-time employee who earns $10/hour at RaterLabs, a Google subcontractor evaluating search and ad-placement results for accuracy  —  Google Search may feel like magic, but the engine's efficacy relies on hourly employees who work for a subcontractor. https://bit.ly/3ykNN0B

Sources: China has ordered government agencies and state-backed companies to replace foreign PCs with domestic ones running local OSes in two years (Bloomberg)

Bloomberg: Sources: China has ordered government agencies and state-backed companies to replace foreign PCs with domestic ones running local OSes in two years  —  China has ordered central government agencies and state-backed corporations to replace foreign-branded personal computers with domestic alternatives within … https://bit.ly/3vO9jsS

The UK's DCMS plans to give the Digital Markets Unit powers to clamp down on Big Tech's "predatory practices", following reports the UK shelved such plans (James Clayton/BBC)

James Clayton / BBC: The UK's DCMS plans to give the Digital Markets Unit powers to clamp down on Big Tech's “predatory practices”, following reports the UK shelved such plans  —  Large tech companies such as Google and Facebook will have to abide by new competition rules in the UK or risk facing huge fines, the government said. https://bit.ly/3vLuDPV

The CFTC orders BitMEX's three cofounders to pay $10M each for not registering with the agency, and failing to implement anti-money laundering and KYC checks (Aislinn Keely/The Block)

Aislinn Keely / The Block: The CFTC orders BitMEX's three cofounders to pay $10M each for not registering with the agency, and failing to implement anti-money laundering and KYC checks  —  The Commodity Futures Trading Commission (CFTC) has hit the founders of crypto exchange BitMEX with a total of $30 million in civil monetary penalties. https://bit.ly/3kOJtyR

Sources: On Deck, which connects founders with capital and advice, laid off 25% of its staff, or ~72 people, after raising ~$40M of a planned $100M-$150M fund (Natasha Mascarenhas/TechCrunch)

Natasha Mascarenhas / TechCrunch: Sources: On Deck, which connects founders with capital and advice, laid off 25% of its staff, or ~72 people, after raising ~$40M of a planned $100M-$150M fund  —  On Deck, a tech company that connects founders to each other, capital and advice, has laid off 25% off its staff, per sources familiar with the company. https://bit.ly/3OW2NrT

Alan, which offers personalized mental health programs through its app, raises a €183M Series E led by Canadian Teachers Venture Growth at a €2.7B valuation (Mimi Billing/Sifted)

Mimi Billing / Sifted: Alan, which offers personalized mental health programs through its app, raises a €183M Series E led by Canadian Teachers Venture Growth at a €2.7B valuation  —  Alan, unlike many other big healthtech startups in Europe like Kry/Livi and Ada Health, has companies as its customers. https://bit.ly/3FmUoJj

Twitter's open source Bluesky unit releases early code for a decentralized social network protocol, dubbed Authenticated Data Experiment, for developers to test (Adi Robertson/The Verge)

Adi Robertson / The Verge: Twitter's open source Bluesky unit releases early code for a decentralized social network protocol, dubbed Authenticated Data Experiment, for developers to test  —  It's called the Authenticated Data Experiment  —  Bluesky, Twitter's open-source offshoot, has released early code for a decentralized social network protocol. https://bit.ly/3LMBVsl

A look at the crypto promotion market, where paid influencers and middlemen like Dapp Centre coordinate campaigns that sometimes push the limits of US law (Maxwell Strachan/VICE)

Maxwell Strachan / VICE: A look at the crypto promotion market, where paid influencers and middlemen like Dapp Centre coordinate campaigns that sometimes push the limits of US law  —  Around the world, influencers are hawking crypto projects for pay on Twitter, YouTube, and TikTok—and sometimes pushing the limits of U.S. law. https://bit.ly/38Vn1RG

The SEC adds JD.com, Pinduoduo, Bilibili, and NetEase to a list of Chinese companies facing delisting from US exchanges due to noncompliance with auditing rules (Sabahatjahan Contractor/Reuters)

Sabahatjahan Contractor / Reuters: The SEC adds JD.com, Pinduoduo, Bilibili, and NetEase to a list of Chinese companies facing delisting from US exchanges due to noncompliance with auditing rules  —  The U.S. Securities and Exchange Commission added over 80 firms to its list of entities facing possible expulsion from American exchanges … https://bit.ly/3sczK9w

France becomes the first major European nation to grant regulatory approval for Binance, after a backlash from UK, Italy, and Singapore regulators in 2021 (Ryan Browne/CNBC)

Ryan Browne / CNBC: France becomes the first major European nation to grant regulatory approval for Binance, after a backlash from UK, Italy, and Singapore regulators in 2021  —  - Binance is now listed as a registered digital asset service provider by French stock market watchdog AMF. https://bit.ly/3ycYxOA

Publicis will acquire Profitero, which provides e-commerce software and analytics to over 4,000 brands, sources say for about $200M (Megan Graham/Wall Street Journal)

Megan Graham / Wall Street Journal: Publicis will acquire Profitero, which provides e-commerce software and analytics to over 4,000 brands, sources say for about $200M  —  Advertising holding companies are increasingly helping marketers reach and sell consumers directly online  —  French advertising holding company Publicis Groupe SA … https://bit.ly/3sbNSzI

Interview with Shopify's Alex Danco, who heads its blockchain team, on how Web3, crypto, and NFTs can reshape commerce, making Shopify "wallet-aware", and more (Packy McCormick/Not Boring)

Packy McCormick / Not Boring: Interview with Shopify's Alex Danco, who heads its blockchain team, on how Web3, crypto, and NFTs can reshape commerce, making Shopify “wallet-aware”, and more  —  Alex Danco Joins to Explain NFTs and How Shopify is Becoming Wallet-Aware … Today's Not Boring is brought to you by... Mighty Networks https://bit.ly/3KBGVyw

LottieFiles, which develops plugins for app developers to create, edit, and test JSON-based Lottie animations, raises a $37M Series B led by Square Peg Capital (Catherine Shu/TechCrunch)

Catherine Shu / TechCrunch: LottieFiles, which develops plugins for app developers to create, edit, and test JSON-based Lottie animations, raises a $37M Series B led by Square Peg Capital  —  Lottie animations are everywhere.  The JSON-based file format, first introduced as an open source library by Airbnb engineers … https://bit.ly/3kDYnYM

Samsung unveils Universal Flash Storage 4.0, claiming it offers twice the speeds of UFS 3.1, making it ideal for 5G phones, with mass production set for Q3 2022 (Matt Milano/Android Authority)

Matt Milano / Android Authority: Samsung unveils Universal Flash Storage 4.0, claiming it offers twice the speeds of UFS 3.1, making it ideal for 5G phones, with mass production set for Q3 2022  —  5G smartphones are about to get much faster.  —  TL;DR  — Samsung's UFS 4.0 flash storage will offer twice the performance of 3.1. https://bit.ly/3kDdscX

Airbnb Q1: nights and experiences up 59% YoY to 102.1M, vs 100.9M est., revenue up 70% YoY to $1.51B, vs $1.45B est., and a $19M net loss, down from $1.2B YoY (Jessica Bursztynsky/CNBC)

Jessica Bursztynsky / CNBC: Airbnb Q1: nights and experiences up 59% YoY to 102.1M, vs 100.9M est., revenue up 70% YoY to $1.51B, vs $1.45B est., and a $19M net loss, down from $1.2B YoY  —  - Airbnb is expecting a strong summer as travel continues to rebound from the coronavirus pandemic. https://bit.ly/3LOpMmM

Kintent, which automates security compliance audit preparation, raises an $18M Series A led by OpenView (Abiola Ayodele/VentureBeat)

Abiola Ayodele / VentureBeat: Kintent, which automates security compliance audit preparation, raises an $18M Series A led by OpenView  —  Every technology vendor must pass client security scrutiny, which is generally a time-consuming process involving exhaustive questionnaires.  Kintent, a fast-growing startup … https://bit.ly/3w1CXdd

Traceable AI, which offers services to protect APIs from cyberattacks, raises a $60M Series B led by IVP at a $450M post-money valuation (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: Traceable AI, which offers services to protect APIs from cyberattacks, raises a $60M Series B led by IVP at a $450M post-money valuation  —  Traceable AI, a startup offering services designed to protect APIs from cyberattacks, today announced that it raised $60 million in a Series B round led … https://bit.ly/3vYYgMC

Chile-based Xepelin, which offers B2B payments, financial info, data models, and more to SMBs in Latin America, raises a $111M Series B led by Avenir and Kaszek (Christine Hall/TechCrunch)

Christine Hall / TechCrunch: Chile-based Xepelin, which offers B2B payments, financial info, data models, and more to SMBs in Latin America, raises a $111M Series B led by Avenir and Kaszek  —  Fintech companies and other entities have moved the needle for consumer payments in Latin America, particularly during the global pandemic … https://bit.ly/3kvo79A

Telegram's latest iOS beta includes exclusive reaction emoji and stickers for Telegram Premium subscribers, a sign of the company's plans to monetize messaging (Jules Wang/Android Police)

Jules Wang / Android Police: Telegram's latest iOS beta includes exclusive reaction emoji and stickers for Telegram Premium subscribers, a sign of the company's plans to monetize messaging  —  It looks like the app is getting ready to make money off of you  —  For as robust of a messaging app as it is, Telegram does need to make money. https://bit.ly/39z4Q4T

Facebook plans to stop letting users add podcasts to the service this week, start removing them on June 3, and discontinue Soundbites and its central audio hub (Ashley Carman/Bloomberg)

Ashley Carman / Bloomberg: Facebook plans to stop letting users add podcasts to the service this week, start removing them on June 3, and discontinue Soundbites and its central audio hub  —  Facebook is pulling out of podcasts and plans to remove them altogether from the social-media service starting June 3. https://bit.ly/3vAokys

LinearB, which helps developers improve efficiency by providing engineering analytics and workflow optimization, raises a $50M Series B led by Tribe Capital (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE: LinearB, which helps developers improve efficiency by providing engineering analytics and workflow optimization, raises a $50M Series B led by Tribe Capital  —  Software developer intelligence platform LinearB Inc. said today it has closed on a new $50 million round of funding that brings its total amount raised to date to $71 million. https://bit.ly/3OVZUHA

Waltz Health, whose search tool helps patients compare drug prices across marketplaces and pharmacies, emerges from stealth with a $35.4M Series A led by GV (Katie Jennings/Forbes)

Katie Jennings / Forbes: Waltz Health, whose search tool helps patients compare drug prices across marketplaces and pharmacies, emerges from stealth with a $35.4M Series A led by GV  —  After a 30-year career as an executive at some of the country's largest pharmacy benefit managers - the middlemen … https://bit.ly/38KJktz