As startups face potential drops in valuation and VCs wanting lower spending and higher margins, some turn to trimming staff, marketing, and project ambitions (Heather Somerville/Wall Street Journal)

Heather Somerville / Wall Street Journal: As startups face potential drops in valuation and VCs wanting lower spending and higher margins, some turn to trimming staff, marketing, and project ambitions  —  Funding is suddenly scarce as venture

Linz-based Storyblok, which offers a headless CMS, raises a $47M Series B led by Mubadala Capital and HV Capital, and says ~74K companies use its tools (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: Linz-based Storyblok, which offers a headless CMS, raises a $47M Series B led by Mubadala Capital and HV Capital, and says ~74K companies use its tools  —  The world of web development continues

Certora, a provider of security analysis tools for smart contract developers to detect mistakes before deploying code, raises a $36M Series B led by Jump Crypto (Mike Millard/The Block)

Mike Millard / The Block: Certora, a provider of security analysis tools for smart contract developers to detect mistakes before deploying code, raises a $36M Series B led by Jump Crypto  —  Quick Take  — Certora has

Enjoy Technology, which runs mobile retail stores and went public via a SPAC merger in October 2021, says it lacks the cash to operate beyond early June 2022 (Joanna Glasner/Crunchbase News)

Joanna Glasner / Crunchbase News: Enjoy Technology, which runs mobile retail stores and went public via a SPAC merger in October 2021, says it lacks the cash to operate beyond early June 2022  —  Enjoy Technology, a

Twitter loses more execs amid Musk’s takeover bid: Twitter Service VP Katrina Lane, head of data science Max Schmeiser, and VP of product management Ilya Brown (Bloomberg)

is losing three more senior employees, including two vice presidents, a reflection of the uncertainty inside … Bloomberg: Twitter loses more execs amid Musk’s takeover bid: Twitter Service VP Katrina Lane, head of data science Max Schmeiser,

Robinhood is working on a second crypto wallet, which will give users sole custody of their private keys, coming in beta this summer and launching later in 2022 (Jon Porter/The Verge)

Jon Porter / The Verge: Robinhood is working on a second crypto wallet, which will give users sole custody of their private keys, coming in beta this summer and launching later in 2022  —  Its upcoming wallet

Elon Musk, who wanted to “defeat the spam bots”, is lying when he says bots are why he’s backing away from buying Twitter at $54.20/share, amid stocks’ downturn (Matt Levine/Bloomberg)

Matt Levine / Bloomberg: Elon Musk, who wanted to “defeat the spam bots”, is lying when he says bots are why he’s backing away from buying Twitter at $54.20/share, amid stocks’ downturn  —  Programming note: Money Stuff

Researchers detail a BLE relay attack to unlock and operate a Tesla outside its BLE range; when told in April, Tesla said relay attacks are a “known limitation” (Bill Toulas/BleepingComputer)

Bill Toulas / BleepingComputer: Researchers detail a BLE relay attack to unlock and operate a Tesla outside its BLE range; when told in April, Tesla said relay attacks are a “known limitation”  —  Security researchers at the

A report details the challenges that delayed Apple’s mixed reality headset launch by years and the initial pushback from Jony Ive’s team on a VR headset concept (Michael Potuck/9to5Mac)

Michael Potuck / 9to5Mac: A report details the challenges that delayed Apple’s mixed reality headset launch by years and the initial pushback from Jony Ive’s team on a VR headset concept  —  Rendering by Antonia De Rosa. 

Mastercard tests facial recognition software in Brazil, letting users who opt in pay with a smile or a wave, using tech from NEC, Payface, PopID, and others (Siddharth Venkataramakrishnan/Financial …)

Siddharth Venkataramakrishnan / Financial Times: Mastercard tests facial recognition software in Brazil, letting users who opt in pay with a smile or a wave, using tech from NEC, Payface, PopID, and others  —  Biometrics payments have struggled

Memo: Apple delays its three-day-a-week return to the office indefinitely, citing rising COVID-19 cases; the company still expects attendance two days per week (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg: Memo: Apple delays its three-day-a-week return to the office indefinitely, citing rising COVID-19 cases; the company still expects attendance two days per week  —  Apple Inc. delayed a plan to require workers to

Fabless chip startup Cornami, whose architecture is optimized for Fully Homomorphic Encryption and quantum threats, raises a $68M Series C led by Vision Fund 2 (Tim Keary/VentureBeat)

Tim Keary / VentureBeat: Fabless chip startup Cornami, whose architecture is optimized for Fully Homomorphic Encryption and quantum threats, raises a $68M Series C led by Vision Fund 2  —  Today, fabless semiconductor company Cornami announced it

Vivun, which offers a SaaS product to automate pre-sales processes, raises $75M as part of a Series C led by Salesforce; customers include Snowflake and UiPath (Ron Miller/TechCrunch)

Ron Miller / TechCrunch: Vivun, which offers a SaaS product to automate pre-sales processes, raises $75M as part of a Series C led by Salesforce; customers include Snowflake and UiPath  —  Vivun was built by Matt Darrow,

Access governance service Pathlock raises $200M led by Vertica Capital Partners and merges with data security company Appsian and SAP risk tool Security Weaver (Tim Keary/VentureBeat)

Tim Keary / VentureBeat: Access governance service Pathlock raises $200M led by Vertica Capital Partners and merges with data security company Appsian and SAP risk tool Security Weaver  —  Today, access governance solution provider Pathlock announced it

A.Team, a gig marketplace for product engineers, emerges from stealth with a $55M Series A co-led by Tiger, Insight, and Spruce and a $5M seed led by NFX (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: A.Team, a gig marketplace for product engineers, emerges from stealth with a $55M Series A co-led by Tiger, Insight, and Spruce and a $5M seed led by NFX  —  The gig economy has,

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