|
May 12, 2022, 4:20 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| Joanna Ossinger / Bloomberg: |
After UST's collapse, most rival algorithmic stablecoins are below their dollar peg; the biggest non-algorithmic stablecoins USDT and USDC are mostly holding — Stablecoins besides TerraUSD are failing to live up to their billing as the collapse of the algorithmic token has investors pondering …
More:
The Independent, The Block, TechCrunch, Wall Street Journal, Financial Times, The Block, VICE, Forbes, Bloomberg, CNBC, Web3 is going just great, Washington Post, and Tech Monitor
Tweets: @stablekwon, @terra_money, @johnbrownlow, @ariadneconill, @molly0xfff, @lukeisamazing, @kadhim, @mskidchaos, @traderkoz, @jerallaire, @davidgerard, @nkulw, @lawmaster, @sbf_ftx, @jemgold_, @katie_martin_fx, @zhusu, @bramcohen, @alexhern, @rekthq, @lawmaster, @tautologicaly, @carnage4life, @lhm1, @sbf_ftx, @kadhim, @macnbtc, @lubchansky, @carnage4life, @lawmaster, @sbf_ftx, @barrysilbert, @thestalwart, @trustlessstate, @timccopeland, @parismarx, @unusual_whales, @lawmaster, and @asvanevik
| Tim Copeland / The Block: |
Terraform Labs resumes Terra block production, with staking disabled, after halting the blockchain “to prevent governance attacks” following LUNA's collapse — Quick Take — Terraform Labs has said the Terra blockchain has been halted. — This is due to concerns …
Source:
@terra_money. More:
Bloomberg, Decrypt, Protocol, Decrypt, Blockworks, Decrypt, CoinDesk, Forbes, CoinJournal, Market Meditations, and Web3 is going just great
| Financial Times: |
Tether CTO Paolo Ardoino declines to reveal details about the company's $40B US government bond holdings, for fear of revealing its “secret sauce” — Token's tech chief declines to provide details on Treasury holdings on fear of revealing ‘secret sauce’
More:
tether.to, MarketWatch, CNBC, Bloomberg, Fortune, Decrypt, The Economic Times, and Reuters
Tweets: @tether_to, @jangold_, @thestalwart, @_checkmatey_, @adamsamson, @safetyth1rd, @fchollet, @ben_mckenzie, @kadhim, @austerity_sucks, and @matthewphillips
| Shaurya Malwa / CoinDesk: |
Terra's LUNA drops to $0.01, a 99%+ decline in 24 hours, down from $60 earlier this week and $120 in mid-April, after Terra's UST stablecoin lost its dollar peg — LUNA tokens lost 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the UST price.
More:
Terra Research Forum, Bloomberg, and Financial Times
Tweets: @paoloardoino, @profjeffjarviss, @cobie, @mtsw, @ojuice_eth, @kantrowitz, @atari_buzzk1ll, @iamlluciana, and @cobie
| @kayvz: |
[Thread] Twitter product chief Kayvon Beykpour says he is leaving at the request of CEO Parag Agrawal, who wants to “take the team in a different direction” — Interrupting my paternity leave to share some final @twitter-related news: I'm leaving the company after over 7 years.
More:
The Verge, Financial Times, TechCrunch, CNN, Associated Press, Washington Post, Wall Street Journal, iPhone in Canada Blog, and Variety
Tweets: @kayvz, @caseynewton, @boo, @mikeisaac, @kayvz, @reckless, @film_girl, @alex, @rmac18, @sal19, @kayvz, @nickstatt, @kurtwagner8, @caseynewton, @samsheffer, @caseynewton, @carnage4life, @karaswisher, @film_girl, @kantrowitz, @jess, @willoremus, @chadloder, @willoremus, @mikeisaac, @reckless, @meganmorrone, @willoremus, @kantrowitz, @katies, @carnage4life, and @caseynewton
| Bloomberg: |
In a memo, Twitter CEO Parag Agrawal announces a hiring freeze and other cost-cutting efforts; VP of product Jay Sullivan will take over as head of product — Twitter Inc. Chief Executive Officer Parag Agrawal announced a hiring freeze and other cost-cutting efforts on Thursday …
More:
The Verge, New York Times, Fox Business, Protocol, Insider, Engadget, The Guardian, CNET, The Hill, PCMag, and CNBC
Tweets: @boo, @jordanzakarin, @ericajoy, @alexeheath, @willoremus, @gossithedog, @boo, @w7voa, @kantrowitz, and @sarthakgh
| Ryan Browne / CNBC: |
Bitcoin fell below $26K for the first time since December 2020, down 20%+ in a week; ether fell to $1,704, its lowest level since July 2021, down 30%+ in a week — - The price of bitcoin plunged below $26,000 on Thursday, hitting its lowest level in 16 months.| David Yaffe-Bellany / New York Times: |
More:
CoinJournal. Tweets: @saylor, @nntaleb, @tedtalksmacro, @charlesarthur, @flitteronfraud, and @alfonslopeztena
| Jay Peters / The Verge: |
After mocking Apple for removing the iPhone's headphone jack in an August 2021 ad for the Pixel 5a, Google quietly drops the headphone jack with the Pixel 6a — The Pixel 6A offers a lot of good features, but not a headphone jack — Google just revealed the Pixel 6A at Google I/O on Wednesday …
More:
YouTube, The Keyword, MacRumors, Android Authority, Philip Elmer‑DeWitt, iPhone in Canada Blog, iMore, Wccftech, and Redmond Pie
Tweets: @chriswelch, @starfire2258, @jaypeters, @_gbalaji, @glynmoody, and @campuscodi
| David Pierce / The Verge: |
A look at Google's “ambient computing” strategy, a bid to unify its disparate hardware lines, led by the Pixel team, while keeping its Android partners happy — Making ambient computing happen is forcing Google to change how it does everything — The story of this year's Google I/O actually started three years ago.| Lauren Feiner / CNBC: |
Twitter's stock closes at $45.08, dropping the company's market cap to $9B below Elon Musk's purchase price of $54.20, amid investors' concerns about the deal — - Twitter shares have fallen to about $46, well below Elon Musk's purchase price of $54.20. — The sell-off has created …
Tweets: @kantrowitz, @levynews, @goldman, and @jyarow
| Scott Stein / CNET: |
Mark Zuckerberg demoes mixed reality on Meta's Project Cambria headset; Meta will enable MR app development for Quest 2 and Cambria via its Presence Platform — A demo of Meta Cambria demonstrates how it blends AR and VR, while Quest 2 headsets could be used to develop apps in the meantime.
Source:
Facebook. More:
YouTube, UploadVR, Protocol, SiliconANGLE, Android Central, Input, PCMag, TechCrunch, Road to VR, Engadget, IGN, TechRadar, The Verge, and Mashable
Tweets: @sadlyitsbradley, @metanewsroom, @ricmac, @boztank, @jetscott, @boztank, @nickstatt, @boztank, @vr_sam, and @tidefallcapital
| Lucas Matney / TechCrunch: |
Ex-Facebook crypto chief David Marcus launches Lightspark, a payments startup that is building on Bitcoin's Lightning network, backed by a16z, Paradigm, others — After his departure from Facebook in November, many crypto industry insiders speculated where long-time executive David Marcus would land.
More:
Andreessen Horowitz, The Block, and Matrix Partners Viewpoints
Tweets: @spiritofbitcoin, @smtuffy, @sriramk, @mikeisaac, @kantrowitz, @thestalwart, and @mikeisaac
| Financial Times: |
Coinbase CEO Brian Armstrong says there's “no risk of bankruptcy” after a company filing said that users could lose all their crypto in “bankruptcy proceedings” — Shares in crypto exchange fall 23% after bleak results and new risk disclosure
Source:
@brian_armstrong. More:
Insider, The Verge, Cointelegraph, Coinspeaker, KnowTechie, Newser, and HotHardware.com News
Tweets: @sophiamzaller, @malwarejake, @jac5connor, @zquestz, @johnhopebryant, @midwesthedgie, @takarasmall, @davidgerard, @jonst0kes, @andrewscurria, @lesliepicker, @caseynewton, @readdanwrite, @dgolumbia, @jentaub, @nkulw, @carlquintanilla, @mikebelshe, @bambroughkevin, @autismcapital, and @teroterotero
| Scott Stein / CNET: |
A Q&A with James Park, Fitbit's co-founder and Google's wearables division head, on how the Pixel Watch factors into Fitbit and its future plans, and more — James Park talks to CNET about the Google Pixel Watch, and where Fitbit's vision goes from here. — Scott Stein
More:
The Keyword, The Verge, Softpedia News, The Shortcut, Insider, TechRadar, and t3.com
| Thomas Stackpole / HBR.org: |
A Q&A with crypto skeptic Molly White, who runs Web3 Is Going Just Great, on Web3's problems, cultural draw, privacy and potential harassment issues, and more — Welcome to Web3 — What Is Web3? — Why Blockchain's Ethical Stakes Are So High Web3 Will Run on Cryptocurrency What a DAO Can — and Can't — Do
Tweets: @molly0xfff, @theburningmonk, @marcprecipice, @morganricks1, @carnage4life, @ahcastor, @gergelyorosz, and @molly0xfff
| Frederic Lardinois / TechCrunch: |
Google and Samsung announce Health Connect, an initiative to simplify connectivity between health and fitness apps and let users share their data across apps — At its Google I/O developer conference, Google and Samsung today announced Health Connect, a new initiative that will simplify … | Paul Hill / Neowin: |
Google releases Android 13 Beta 2 with finer privacy controls, an improved Material You theme system, the ability to change the language of each app, and more — At its Google I/O event on Wednesday, Google released the second beta of Android 13. The search giant highlighted several …
More:
The Keyword, Android Developers, Engadget, and Macworld
| Lauren Kaori Gurley / VICE: |
Leaked memo: Apple is sending anti-union talking points to US retail store leaders, including that workers could lose “flexibility” and merit-based promotions — Apple is instructing managers to tell retail workers that they could lose benefits and career opportunities if they unionize.
Tweets: @motherboard, @audreyjcarleton, @lorenzofb, @carlquintanilla, @katiedrumm, @jason_koebler, and @laurenkgurley
| Adi Robertson / The Verge: |
A US appeals court rules 2-1 to let Texas enforce a social media law stopping Twitter, Facebook, and other services with 50M+ users from moderating content — A judge blocked a similar law in Florida on First Amendment grounds — The controversial Texas social media law HB 20 …
More:
Techdirt, Electronic Frontier Foundation, Vox, Ars Technica, The Register, Gizmodo, Protocol, and ExchangeWire.com
Tweets: @rmfifthcircuit, @b_fung, @mjs_dc, @wendyndavis, @daphnehk, @mmasnick, @b_fung, @justinamash, @mjs_dc, @mjs_dc, @mmasnick, @popehat, @popehat, @medialawprof, @b_fung, @popehat, and @dangillmor
| Reuters: |
Foxconn reports Q1 net profit rose 5% YoY to ~$985M but warns that Q2 revenue could slow due to rising inflation, cooling demand, and supply chain issues — Shovel and FoxConn logo are seen before the arrival of U.S. President Donald Trump for the Foxconn Technology Group groundbreaking ceremony …
Sponsor Posts
Meta:
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Open Source AI: Available to all, not just the few — Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS — Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered. In a span of just two years, AI has made a name for itself as the key driver for innovation.
The crossroads of AI and SaaS — Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered. In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Executive Insights: The Era of Contact Center AI Copilots — How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.
Build AI products that matter — Tribe AI helps organizations rapidly deploy AI solutions that have real business impact. We bring together world class AI talent and tooling to drive differentiated results.Who's Hiring In Tech?
Techmeme Ride Home:
Fri. 12/20 - Gemini Flash Thinking
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via
Apple Podcasts,
Spotify, or
RSS.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 4:20 PM ET, May 12, 2022.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
New York Times:Max Tani / @maxwelltani:
Jack Dunn / Variety:
Upcoming Tech Events
Earlier Picks
| Sam Nussey / Reuters: |
| Aaron Gordon / VICE: |
More:
Reclaim The Net. Tweets: @jason_koebler, @evacide, @johnwilson, @aclu, @becomingdatasci, @cjciaramella, @alexhanna, and @baekdal