Techmeme
May 19, 2022, 5:45 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple executives previewed the upcoming mixed reality headset to the company's board last week; Apple ramped up reality OS development in recent weeks  —  Apple Inc. executives previewed its upcoming mixed-reality headset to the company's board last week, indicating that development …
Twitter:
Twitter announces a crisis misinformation policy, including adding a warning to highly visible tweets with misleading information and disabling engagement  —  Around the world, people use Twitter to find reliable information in real time.  During periods of crisis - such as situations of armed conflict …
Keach Hagey / Wall Street Journal:
A new bipartisan Senate bill would prohibit companies with $20B+ in annual digital ad transactions from participating in more than one part of the ad ecosystem  —  The bill, which has some Democratic support, takes aim at conflicts of interest in advertising technology
Joseph Cox / VICE:
In a policy shift, the US Department of Justice plans to stop prosecuting good-faith security research that would have violated the Computer Fraud and Abuse Act  —  The new policy addresses decades of uncertainty around the law and security research.  —  Joseph Cox
Emily Nicolle / Bloomberg:
Tether's accounting firm says Tether holds $20.1B in commercial paper, down 17% QoQ; Tether had $82.4B+ in total assets on March 31 and $82.2B in liabilities  —  Tether, the operator of the world's most used cryptocurrency, said it had reduced the amount of commercial paper in the reserve backing …
Bloomberg:
Sources: at an all-hands, Twitter's top lawyer Vijaya Gadde said there is “no such thing as a deal being on hold” and execs said Musk's deal is moving forward  —  Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk …
Manish Singh / TechCrunch:
In a letter to portfolio founders, Y Combinator advises to “plan for the worst” by cutting expenses and focusing on extending runways amid the economic downturn  —  Y Combinator, a Silicon Valley kingmaker, is advising its portfolio founders to “plan for the worst” …
Jacob Kastrenakes / The Verge:
Fastly acquires Glitch, the web coding service formerly called Fog Creek Software; Glitch CEO Anil Dash will join Fastly as its VP of developer experience  —  The coding platform will continue under the new owner  —  Fastly, a major provider of cloud services, announced today that it's acquiring Glitch …
Frank Chaparro / The Block:
FTX.US launches FTX Stocks, offering zero-commission stock trading of US-listed companies and ETFs, rolling out to the FTX.US Pro app over the coming months  —  - The news comes shortly after Sam Bankman-Fried's acquisition of a 7.6% stake in retail trading giant Robinhood.
David Pierce / The Verge:
Framework refreshes its 13.5" modular Framework Laptop with 12th Gen Intel CPUs, starting at $1,049 in July; owners can upgrade existing laptops with a $538 kit  —  A new laptop that fits inside your old laptop  —  A little more than a year after announcing the first version of its ultra-repairable …
Henry Grabar / Slate:
As Uber starts to cut costs, having lost $30B+ in five-odd years, a look at the impact of subsidized rides on cities, the decline in public transit, and more  —  Recently I was talking with an executive who used to work in car-sharing—the wave of companies, led by Zipcar and car2go …
Dan Goodin / Ars Technica:
The CISA orders US federal civilian agencies to patch or remove VMware products with a remote code execution vulnerability that hackers are actively exploiting  —  Security flaws in VMware and F5's BIG-IP are being exploited by malicious hackers.  —  Malicious hackers, some believed to be state-backed …
Washington Post:
Republicans, who opposed common carrier status for ISPs in the net neutrality debate, now want social media platforms to be treated like “public utilities”  —  Happy Thursday!  I know, I know, going to law school probably would've helped writing today's newsletter.
Dean Takahashi / VentureBeat:
An interview with a16z's Jonathan Lai on Games Fund One, the VC firm's new $600M fund for games that will invest in studios, infrastructure, and consumer apps  —  Andreessen Horowitz has raised a $600 million fund to invest in games.  The storied venture capital firm is already a big investor in games …
Jan Hoffman / New York Times:
As US drug overdoses soar, Facebook, Twitter, Snapchat, Pinterest, TikTok, Discord, and Telegram are a quick and easy conduit for illicit prescription drugs  —  The soaring drug fatalities in the U.S. are being fueled partly by fentanyl-tainted pills bought by teenagers and young adults on Snapchat …
Kim Velsey / Curbed:
AirDNA, Inside Airbnb, and Douglas Elliman data: NYC has ~3K to ~13K more Airbnb listings than rental apartments despite Airbnb listings falling in the pandemic  —  The fever isn't breaking.  There are now bidding wars for one in every five Manhattan rental apartments (and one in three luxury units) …
Robert Gillies / Associated Press:
Canada, joining its intelligence allies, announces a ban on Huawei Technologies and ZTE from using the country's 5G network, after a delay of over three years  —  TORONTO (AP) — Canadian Prime Minister Justin Trudeau's government has decided to ban China's Huawei Technologies from Canada's next-generation mobile networks.

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.
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.
Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Thu. 11/21 - What The DOJ Wants Google To Do
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 5:45 PM ET, May 19, 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.

More News

Financial Times:

Earlier Picks

Richard Waters / Financial Times:
Alex Heath / The Verge:
Emma Roth / The Verge:
Manish Singh / TechCrunch:
Lauren Feiner / CNBC: