Trending Stories from bloomberg.com
As California becomes the latest state to require listing salary ranges in job postings, Meta, Alphabet, Disney, and others will have to comply by January 2023
Adobe Chief Product Officer Scott Belsky says the company plans to integrate Figma into other Adobe tools, not change its UI, keep the freemium model, and more
Sources: Apple tells suppliers to pull back from efforts to increase supply of iPhone 14 models by ~6M units in H2 2022, aiming for 90M units, on par with 2021
The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps
A look at tappable podcast ads in mobile games, which trigger episode downloads; source: iHeartMedia got ~6M unique listeners/month through such ads since 2018
The SEC says 16 Wall Street firms have agreed to pay $1.1B in combined penalties for failing to monitor employees using unauthorized messaging apps
As the Optus hacker appears to release data of 10,000 customers, Optus CEO Kelly Bayer Rosmarin says the Australian police are investigating a ransom demand
Thailand's LINE MAN Wongnai, which provides food delivery and runs an e-commerce platform for businesses, raised a $265M series B led by GIC at a $1B+ valuation
Sources: FTX won the auction for the assets of bankrupt crypto brokerage Voyager Digital with a bid of ~$50M, a price that could climb if certain milestones met
South Korea says Interpol issued a Red Notice for Terraform Labs co-founder Do Kwon; prosecutors say Kwon disappeared from Singapore before September 17
Australian data and back office services provider Link says Canadian legal software maker Dye & Durham's $2.4B bid to acquire it has expired after two years
The UK's ICO could fine TikTok £27M after provisionally finding that the company may have breached data protection rules by failing to protect children's data
iPhone, in the third year of a three-year design cycle, may be overhauled next year; Apple Pay Later may arrive in 2023; Apple may not hold an October event
How Whale Safe is using real-time data and AI to detect endangered whales in the Bay Area's busy shipping lanes and alert ships to avoid collisions
Internal letter shows Twitch SVP of global creators Constance Knight resigned on the same day the company announced revenue sharing changes for top creators
In 70+ lawsuits against Meta, Snap, TikTok, and Google, parents are making product liability claims, blaming algorithms for kids' mental health issues, and more
Facebook sued for skirting Apple privacy rules to snoop on users
Chainalysis: A startup that helps governments trace crypto
A look at the quiet success of AirPods, of which Apple sold an estimated ~120M pairs in 2021, showing how big a business its upcoming niche VR headset could be
Microsoft CEO Satya Nadella says he's confident regulators will approve the company's $69B Activision Blizzard purchase, citing several recent Sony acquisitions
A Delaware judge rules that Elon Musk can amend his counterclaims with Twitter's $7.8M severance to Peiter Zatko to argue he was justified in ending the deal
Microsoft President Brad Smith says the company can't "use what others might consider censorship as a tactic" regarding labelling content that seems to be false
French industrial giant Schneider Electric agrees to pay £3.87B to acquire the remaining ~41% stake in UK industry software company Aveva, valuing it at £9.5B
Research: Amazon Air ran 194 daily cargo flights on average in September 2022, up from 164 in August 2021 and 187 in March 2022, the slowest growth since 2020
Techmeme · 1 week ago
Salesforce unveils Net Zero Marketplace, which will aggregate offset providers and rating agencies for carbon credits, launching in October 2022 in the US
Court filing: Twitter's lawyers will depose Elon Musk behind closed doors on September 26, 27, and a potential third day; Musk's attorney will also be deposed
Mexico City-based used car marketplace Kavak, which is Latin America's biggest startup, raised $810M in debt financing, potentially rising to $1.2B in 2022
New York and the DOJ urged a federal appeals court to reinstate an antitrust suit brought by 48 state AGs that alleged Meta schemed to "buy or bury" its rivals
Thiel-backed conservative video platform Rumble is up 37% after going public via SPAC merger at a $2.1B valuation, raising $400M
Swedish last-mile delivery startups Instabox and Budbee plan to merge and create Instabee, valued at ~$1.66B, owned by the two startups' founders and Kinnevik
A profile of China-born, US-educated AI and robotics expert Li Zexiang, an angel investor in 60+ Chinese startups collectively worth almost $12B, including DJI
A look at the mounting challenges for Lingang, a Shanghai suburb meant to be China's next Silicon Valley, amid an economic slowdown and geopolitical tensions
A profile of Figma founder Dylan Field, who will become the wealthiest person from the Thiel Fellowship by far, as PitchBook estimates his stake is worth $2B+
After Ethereum's Merge, a look at four more upgrades to the crypto network under active development: The Surge, The Verge, The Purge, and The Splurge
A US federal appeals court upholds the Texas social media content moderation law, lifting an injunction that blocked it and remanding it back to the lower court
Shopify lets staff decide cash-stock pay mix as shares dive
Hacker News · 2 weeks ago
South Korea's trade ministry data shows its DRAM chip exports fell 24.7% YoY in August 2022, the biggest drop since 2019, indicating a deepening slump in demand
PitchBook: Figma deal is the largest exit for a VC-backed company in ~20 years; source: Index Ventures' ~12% stake makes it Figma's biggest outside shareholder
Adobe to acquire Figma for $20B
Adobe plans to acquire UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE drops 15%+
Amazon announces a Tailored Audiences tool, coming to all US sellers in early 2023, which will let brands and merchants send marketing emails to shoppers
Techmeme · 2 weeks ago