fbpx Skip to main content
Scott's Daily Newsletter

Meta Introduces Parental Controls to Quest VR Headsets 🎧

By June 16, 2022No Comments

This is a daily newsletter that covers trending business, tech and finance stories. If you enjoyed the newsletter, please share it with a friend who’d find it useful.

Share Scott D. Clary’s Newsletter

Or… invite friends to the newsletter through our referral program for Amazon gift cards.

Get a Referral Link

– Scott

Meta Introduces Parental Controls to Quest VR Headsets 🎧

(Image Source)

Meta has announced that it is adding parental controls to all Quest virtual reality (VR) headsets, allowing parents or guardians to keep a tab on underage users’ screen time and receive approval requests for purchases.

“We’re beginning to roll out parental supervision tools to all Quest headsets,” Meta said in the blog post.

“This is just a starting point, informed by careful collaboration with industry experts, and we’ll continue to grow and evolve our parental supervision tools over time,” it added.

With the Parent Dashboard feature, parents can approve their teens’ download or purchase of an app that is blocked by default based on its IARC-rating.

The feature will allow teens over 13 to submit an “Ask to Buy” request, view apps owned by the teens, and more.

Besides this, the company is also launching a new Parent Education Hub that will include a guide to VR parental supervision tools from ConnectSafely to assist parents to discuss VR with their teenagers.

Ford to Recall Nearly 49,000 Mustang Mach-Es 🚗 Over Safety Issues

(Image Source)

U.S. automaker Ford has asked its dealers to stop selling the Mustang Mach-E over concerns that a safety defect could cause the vehicles to become immobile.

The affected vehicles include the model year 2021 and 2022 vehicles built between May 27, 2020, and May 24, 2022, at Ford’s Cuautitlan plant in Mexico.

The automaker sent a notice to its dealers as well, cautioning them not to deliver any Mustang Mach-Es to customers until a software fix has been issued.

The company says that 48,924 Mustang Mach-E vehicles sold in the US are affected by the problem, which is nearly fifty percent of vehicles manufactured during that time.

It’s the latest hurdle to affect the company’s rollout of its mass-market electric vehicle that has helped propel it to second place in EV sales behind Tesla.

Ford said the issue can be fixed with an over-the-air software update that will be issued in the next month.

Car owners can also take their vehicles to a Ford or Lincoln dealership for a more immediate software fix.

Crypto Exchange Coinbase Cuts 18% Workforce ✂️ Amid Crypto Winter 🥶

(Image Source)

U.S. crypto exchange Coinbase is slashing its staff by 18% in preparation for the possibility of extended crypto winter, making it the latest crypto firm to downsize to survive the bear market in recent weeks.

In a blog post, the company CEO Brian Armstrong said, “Today I am making the difficult decision to reduce the size of our team by about 18%, to ensure we stay healthy during this economic downturn. I want to walk you through why I am making this decision below, but first I want to start by taking accountability for how we got here. I am the CEO, and the buck stops with me.”

Noting the necessity to plan for the worst, the CEO said that Coinbase had grown too quickly during the beginning of the bull run.

“It is now clear to me that we over-hired,” he said.

Coinbase said that it will provide support to all the exiting employees in finding a new role, including a minimum of 14 weeks of severance as well as an additional two weeks for every year of employment beyond one year.

Open Distributed Cloud Company Platform9 Raises $26 Million in Funding 💰

(Image Source)

Platform9, an open distributed cloud company that offers the power of the public cloud on the infrastructure of customers’ choice, has raised $26 million in its latest funding round.

The funding was led by Celesta Capital, along with participation from Cota Capital, NGP Capital, and other investors.

Founded in 2013 by Sirish Raghuram, Madhura Maskasky, Bich Le, and Roopak Parikh, Platform9 was incorporated to bring open-source technologies in an easy consumable service to the market. Its services powers 40K+ nodes across private, public, and edge clouds.

Platform9’s Distributed Cloud Service offers and leverages a variety of Open Source services in the cloud-native ecosystem.

Since its inception, the company has contributed to many open-source projects and has been a part of Cloud Native Computing Foundation, OpenInfra foundation, Magma Core, and LF Edge.

The latest proceeds will help accelerate Platform9’s go-to-market (GTM) strategy & position the company to deliver scalable growth through customer-centricity, industry-focused solutions, and more large-scale enterprise deployments.

Around the Web 🌐

NFT Platform OpenSea is Migrating to SeaPort: OpenSea, the most popular non-fungible tokens (NFTs) marketplace, has announced that it will be migrating to Seaport, a new web3 marketplace protocol designed for safely and efficiently buying and selling NFTs. Among several benefits, the new platform will have lower gas fees, the ability to make offers on entire collections, removal of new account initialization fees, and more user-friendly signature options.


If you like the content in this newsletter, there’s a pretty good chance you’ll like my podcast, “Success Story”, where I unpack the playbooks of entrepreneurs, executives and other high performing individuals.

Check Out The Podcast

Latest Episode 👇

If you enjoyed the newsletter, please share it with a friend who’d find it useful.



Author ScottDClary.com

More posts by ScottDClary.com

Leave a Reply

Skip to content