- 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)
- 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)
- Profile of inDriver, a ride-hailing app developed in Siberia in 2012, which lets riders and drivers haggle over prices and is now available in 42 countries (Leonid Ragozin/Rest of World)
- A growing number of Chinese tech startups are going public in China at valuations lower than their private rounds; China's STAR Market has fallen ~30% this year (Reuters)
- Proctoring software like Honorlock that track students' movements during online exams to prevent cheating are criticized for allegedly flagging normal behavior (Kashmir Hill/New York Times)
- Argentina-based ClicOH, which lets sellers across Latin America track shipments in real time via its dashboard, raises a $25M Series A led by Tiger Global (Christine Hall/TechCrunch)
- China's iQiyi, a streaming service majority-owned by Baidu and listed on the Nasdaq, reported its first quarterly profit, $26.7M in Q1, after cutting spending (Iris Deng/South China Morning Post)
- YipitData: average Uber and Lyft fares in the US hit a record high in April, as they drew ~20% fewer riders and 35% fewer trips in Q1 2022 compared to Q1 2019 (Preetika Rana/Wall Street Journal)
- Layoffs.fyi data: 60 tech companies cut 16,000+ jobs in May 2022; Microsoft, Nvidia, Lyft, Snap, Uber, Coinbase, Salesforce, Meta, and Twitter slowed hiring (Michelle Ma/Protocol)
- Report: Samsung notified its partners to cut smartphone production for the rest of 2022 and manufacture ~280M devices, down from ~310M as initially planned (Ben Schoon/9to5Google)
- The CWA withdraws its bid for a union election next week for staff at an Atlanta Apple store, citing Apple's "sophisticated campaign to intimidate" and COVID-19 (Josh Eidelson/Bloomberg)
- Microsoft researchers find severe bugs in mce Systems' framework used by Android apps from large mobile service providers, including AT&T and Bell Canada (Sergiu Gatlan/BleepingComputer)
- Indonesia-based Bibit, which runs robo-advisor services for mutual funds and invests users' money based on their risk profiles, raises $80M led by GIC (Budi Sutrisno/Tech in Asia)
- In an April 4 letter to Elon Musk, SEC says it is probing his purchases of Twitter stock and disclosures in March, and whether he was truly a "passive" investor (Kate Conger/New York Times)
- Manta, which offers a date lineage service for companies to understand and visualize the flow of information, raises a $35M Series B led by Forestay Capital (Paul Sawers/VentureBeat)