TechCrunch:
Sources: Ajit Mohan, the head of Meta in India who joined the company in 2019, has left to become the president of Snap’s APAC business — Ajit Mohan, the head of Meta in India, has left the firm and joined rival Snap, according to sources familiar with the matter.
TechCrunch:
A look at Snap’s decision to close Zenly, popular in Europe and Asia with a claimed ~35M MAUs earlier in 2022, to “focus on Snap Map”, which has 300M+ MAUs — Snapchat’s parent Snap became the latest tech company to announce a huge round of layoffs, confirming ongoing rumors yesterday …
Emily Nicolle / Bloomberg:
Amid mass layoffs, Snap says Web3 is not a priority since it doesn’t directly contribute to the company’s AR efforts, in sharp contrast to moves by rival Meta — Snap Inc. is sunsetting efforts focused on building products for the much-vaunted next generation of the internet known as web3 …
Jennifer Pattison Tuohy / The Verge:
Hands-on with Matter devices at an official launch event; Matter has a long way to go before it delivers on a promise of an interoperable and simple smart home — At the official launch event for Matter this week, I saw a lot of exciting things: a Google Nest Hub controlling an Eve Energy smart plug …
Lachlan Markay / Axios:
Snap’s ad archive shows some Democratic and progressive orgs were able to target ads using the data of a GOP data broker; Snap blames an internal mistake — A slip-up by social media giant Snap allowed leading Democratic campaigns and party committees to unwittingly tap into a vast repository …
Jennifer Pattison Tuohy / The Verge:
Samsung announces expanded Google partnership to let Galaxy phone and tablet users onboard Matter-compatible devices to both SmartThings and Google Home systems — Ahead of its annual developer conference, Samsung has revealed details about how Matter smart home devices will work on its Samsung Galaxy phones and tablets.
Mike Truppa / The Block:
Matter Labs, which develops the Ethereum scaling protocol zkSync, raised a $200M Series C led by Blockchain Capital and Dragonfly, bringing its funding to $458M — – Matter Labs has raised $200 million in a Series C round led by Blockchain Capital and Dragonfly.
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