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May 30, 2022, 7:00 PM
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Top News

Paul Alcorn / Tom's Hardware:
Top500: the US' AMD-powered Frontier is now the world's fastest supercomputer, topping 1,102 petaflops/second, overtaking Japan's Fugaku at 442 petaflops/second  —  AMD-powered systems now comprise five of the top ten fastest supercomputers  —  The AMD-powered Frontier supercomputer …
Vishal Chawla / The Block:
BlockSec: a buggy smart contract on Mirror Protocol, a Terra DeFi app for betting on stocks using synthetic assets, was exploited for ~$90M over seven months  —  Quick Take  — The exploit was accidentally discovered by a Terra community member last week.  — It has been confirmed by security analysts BlockSec.
Benjamin Mayo / 9to5Mac:
Kuo: TSMC's 2021 public roadmap suggests that 2022's iPhone “A16” chip will continue to use a 5nm process and new Macs later in 2022 will also have a 5nm CPU  —  Analyst Ming-Chi Kuo pointed out on Twitter today that the public roadmap for TSMC's silicon processes indicates …
Mark Gurman / Bloomberg:
Sources: Apple plans an always-on lock screen for the iPhone 14 Pro, major iPadOS windowing and multitasking changes, and iOS-like System Preferences for macOS  —  Apple's upcoming iOS 16 is likely to upgrade the lock screen, messaging and health features.  Also: Another Apple car manager leaves …
Karen Hao / Wall Street Journal:
Report: Google, Bing, and YouTube regularly return Chinese state media content in the top US results on China's human-rights record and the origins of COVID-19  —  On issues important to Beijing, official Chinese sources also enjoy strong placement on YouTube and other widely used U.S. services, a new report finds
Wall Street Journal:
Sequoia, YC, Craft Ventures, and other VCs give startups advice on surviving the downturn; Lightspeed: “boom times of the last decade are unambiguously over”  —  Venture-capital firms tell portfolio companies to buckle down for the long haul; ‘before you thrive, you have to survive’
Zeyi Yang / MIT Technology Review:
Many developers suspect that China has forced Gitee, the Chinese competitor to GitHub, to censor open-source code, a move that harms trust and code quality  —  Many suspect the Chinese state has forced Gitee, the Chinese competitor to GitHub, to censor open-source code in a move developers worry could obstruct innovation.
Sujith Somraaj / Decrypt:
As Terraform Labs rebooted the Terra blockchain, freshly minted LUNA tokens started trading on exchanges and swiftly plummeted about 70% from the opening price  —  After peaking at $19.54 earlier on Saturday, it's been mostly downhill.  —  Terraform Labs early Saturday launched a new version …
Will Goodbody / RTÉ:
Ireland-based TransferMate, a B2B payments infrastructure startup, raises $70M at a $1B valuation, making it the first Irish unicorn led by a female CEO  —  Irish business to business payments infrastructure company, TransferMate, has secured $70m in fresh funding, at a new valuation of $1 billion.
Bloomberg:
Jakarta-based GoTo Group reports Q1 gross revenue up 53% YoY to ~$357M and a ~$370M adjusted loss, up from ~$130M YoY, after raising $1.1B in its March 2022 IPO  —  GoTo Group posted about 53% gross revenue growth in its first quarterly report as a public company, accelerating from the 2021 pace …
More: GoTo Group

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This is a Techmeme archive page. It shows how the site appeared at 7:00 PM ET, May 30, 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

Variety:
AMC Networks acquires full control of BBC America, after BBC Studios sold its remaining 50.1% interest in the channel to AMC Networks for $42M in cash

Sean Burch / The Wrap:
News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M

Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

More News

Amanda Hess / New York Times:
TikTok, YouTube, and other platforms have turned the defamation trial between Johnny Depp and Amber Heard into a sport, often glorifying Depp and mocking Heard

Earlier Picks

Nature:
Experts say that governments should create bespoke IP law and an international treaty to protect AI-generated inventions, rather than rework old patent laws
Olga Kharif / Bloomberg:
Nansen: TerraUSD's collapse likely wasn't due to a single attacker but resulted from the investment decisions of a few, large UST holders like Celsius Network
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