Techmeme
May 16, 2022, 12:00 AM

Top News

Mark Gurman / Bloomberg:
Opinion: Apple should acquire EV startup Canoo, which says it is running out of cash to operate and whose former CEO is a top executive on Apple's car project  —  Apple could take a look at struggling electric-vehicle startup Canoo to help it build up its car project.
Kellen Browning / New York Times:
Twitch confirms the Buffalo gunman livestreamed Saturday's attack on its platform, saying it took his channel down within two minutes of the violence starting  —  Officials said the gunman broadcast the attack live on Twitch, the livestreaming site owned by Amazon that is popular with gamers.
Peter White / Deadline:
Sources: Netflix is exploring live streaming for its unscripted shows and stand-up specials, alongside live voting for competition series and talent contests  —  EXCLUSIVE: Netflix is going live for the first time.  —  Deadline understands that the streamer is exploring the launch of live streaming.
Edward Ongweso Jr / VICE:
Retail traders after Terra's crash: some say they lost their life savings, others shared suicidal ideation on forums, and some now realize it's a Ponzi scheme  —  It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.
Yogita Khatri / The Block:
Mia Sato / The Verge:
OpenSea tries “improving authenticity” by revamping account verification and debuting a system to detect, remove, and prevent copies of authentic NFT content  —  The updates are an attempt to cut down on plagiarism and fakes  —  OpenSea is rolling out features to “improve authenticity” …
Caitlin Harrington / Wired:
A look at the Apple Together solidarity movement that emerged from #AppleToo to provide support for Apple employees organizing in retail, AppleCare, and more  —  A solidarity movement called Apple Together has provided tools and support as the company's retail employees organize.
Kevin Helms / Bitcoin News:
Germany's Ministry of Finance confirms that selling crypto assets is tax-free if they are held for over a year, even if they are used for staking and lending  —  The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year …
Arielle Pardes / Wired:
Several women who attended Miami's Bitcoin 2022 conference were harassed and say the conference doesn't go far enough to enforce its anti-harassment policies  —  For some women, inappropriate conduct from other conference-goers continued to haunt them online.  —  Miami's annual gathering of Bitcoin zealots began with a bull.
Ron Miller / TechCrunch:
Tel Aviv-based Komodor, which helps companies troubleshoot Kubernetes issues, raises a $42M Series B led by Tiger Global, bringing its total funding to $67M  —  For a time, Kubernetes, the open source container management platform, was as hot as it comes, but lately it has settled …
Joshua Oliver / Financial Times:
An interview with Sam Bankman-Fried on crypto hype, blockchain's potential to build a fairer financial system, bitcoin as an asset, philanthropy, and more  —  When an aide told me that “one of our drivers” would pick me up for my lunch with Sam Bankman-Fried, I imagined a hulking black SUV …
Kenrick Cai / Forbes:
Redwood City-based Material Security, which helps enterprises protect sensitive info even in hacked email accounts, raises a $100M Series C at a $1.1B valuation  —  A growing wave of tech layoffs have given rise to remorseful CEOs' lamentations that they hired too quickly during the pandemic.

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Earlier Picks

Sohee Kim / Bloomberg:
Taylor Lorenz / Washington Post: