How the Metaverse Will Remake Your Strategy

Amazon has started drastically reducing the number of items it sells under its own brands, and the company has discussed the possibility of exiting the private-label business entirely (WSJ)

The Amazon customers said they saved 10% to 40% on computing costs by renting Graviton servers (The Information)

Tesla dumped 75% of its Bitcoin holdings

Google to pause all hiring for two weeks

SAP’s quarterly revenue beats estimates, trims 2022 profit outlook

Toyota plans to roll out hydrogen fuel-cell trucks for the Japanese market next year

Ocado Falls as Losses Grow on Britain’s Cost-of-Living Crisis

Netflix loses 970,000 subscribers, says ads and new fees are key to recovery

Xbox becomes first game console to formally support Discord voice chat

Microsoft launches simulator to train drone AI systems

Brain-Computer Interface Startup Implants First Device in US Patient

Amazon Announces General Availability of EC2 M1 Mac Instances to Build and Test on macOS

UK set to have world’s biggest automated drone superhighway

How China is creating new foods in space

NASA’s Webb Delivers Deepest Infrared Image of Universe

James Webb telescope finds evidence of water in atmosphere of planet WASP-96 b, 1,150 light-years away.

YouTube TV Now Has More Than 5 Million Users, Topping Hulu’s Live TV Service

Inside Apple’s Eight-Year Struggle to Build a Self-Driving Car

iPadOS 16 Review

Amazon launches cancer vaccine clinical trial in partnership with Fred Hutchinson

BMW starts selling heated seat subscriptions for $18 a month

India set to overtake China as the world’s most populous country in 2023, UN says

America’s new agricultural frontier: vertical farms (FT)

Japanese researchers reveal plans for massive artificial-gravity buildings on moon

Artificial intelligence model finds potential drug molecules a thousand times faster

Stripe Cuts Internal Valuation by 28% (WSJ)…Payments processor was last valued by private investors at $95 billion

Netflix Surprised Everyone by Picking Microsoft as Its Partner for Ad-Supported Streaming

Apple’s latest security : Lockdown Mode, link2, link3

Amazon.com Inc.  agreed to add Grubhub to its suite of Prime services in the U.S., in a deal aimed at expanding the food-ordering company’s reach by tapping Amazon’s membership program (WSJ)

Europe wants a high-speed rail network to replace airplanes

World’s first commercial sand battery begins energy storage in Finland

Switzerland’s 20 million kWh ‘water battery’ is now operational

“…As money leaves the market (see below), fundraises are likely to slow from 2021’s a company raising a new round every 6-9 months back to the historical norms of a company raising a round every 12-24 months. Companies with a valuation that far exceeds their product/market fit may not raise for 24-36 months, and many of them have the cash to last that long…”

Vehicle safety in Europe takes a giant leap forward

IDC: “All eyes will be on Apple” as Meta’s VR strategy “isn’t sustainable”

FedEx to close data centers, retire all mainframes by 2024, saving $400m

Your Corporate Purpose Changed. Has Your Strategy Kept Up?

Gartner predicts 9.5% drop in PC shipments

Disney could soon lose exclusive rights to Mickey Mouse…The beloved character was created in 1928 and will enter the public domain in 2024

BioNTech, Pfizer to start testing universal vaccine for coronaviruses

IBM has quietly announced its first-ever cloudy mainframes will go live on June 30…Z mainframe platform on the IBM Cloud, by offering virtual machines running z/OS as-a-service.

The Next ‘iPhone Moment’ Will Eventually Arrive. Hurry Up Already

Mercedes-Benz runs on 900 Kubernetes clusters

The 30-year-old comic book that became a Silicon Valley bible (FT)

Meta has reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers, Zuckerberg said.

The dollar’s share of total allocated reserves was 59% in the first quarter of 2022

New algorithm can predict future crime a week in advance, with 90% accuracy, and within a range of about 1000 feet.

“…We Asked GPT-3 to Write an Academic Paper about Itself—Then We Tried to Get It Published…”

A group of MIT researchers is exploring a radical idea for reversing global warming: using a raft of “space bubbles” to reflect sunlight away from our planet.

Venture capital’s reckoning

Steve Jobs awarded posthumous Medal of Freedom by President Biden

Klarna in Talks to Raise Fresh Cash at Slashed $6.5 Billion Valuation…The deal would be a huge comedown for the company, which investors valued at $45.6 billion in 2021 (WSJ)

Microsoft Cloud Computing System Suffering From Global Shortage…Due to a confluence of crises, the second-largest cloud provider has been operating in the yellow zone, meaning its data centers have a less-than-normal level of servers available. (WSJ)