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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

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Logitech’s livestreaming software company Streamlabs rolls out a monthly tipping service for use on Twitch, YouTube, or Facebook, and says it won’t take a cutlogitech streamlabs facebookcarlos campbell

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Sources: in a flurry of parting actions against China, Trump’s admin has notified Huawei suppliers including Intel that it’s revoking licenses to sell to Huawei

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Sources: Bird is finalizing a deal to raise $100M in convertible debt, led by Sequoia Capital and Valor Equity, amid discussions about going public via SPAC

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TikTok is testing a new horizontal full screen mode with select users globally, available via a “full screen” button on square or rectangle videos in their feed

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Microsoft hires former Uber product chief Manik Gupta as corporate vice president for Teams Consumer, Skype, and GroupMe

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Near, a data intelligence company that claims to have 1.6B anonymized user profiles, raises $100M and goes public via a SPAC merger at a “near” $1B valuation

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AnyDesk, a maker of remote desktop software that averages 900M sessions per month, raises a $70M Series C led by General Atlantic at a $660M+ valuation

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Crypto payments startup Ramp raised a $70M Series B led by Mubadala Capital and Korelya Capital at an estimated $450M+ valuation, up from $300M in December 2021

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Habu, which offers analysis and management tools for marketing data, emerges from stealth with $15M Series A

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Amazon’s “other” sales, mostly comprised of its advertising revenue, jumped 139% to $2.03B in Q1, the first time sales have surpassed $2B

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An interview with Paytm CEO Vijay Shekhar Sharma on the company’s $1B annual revenue goal, its post-IPO stock price crash, giving investors more info, and more