Techmeme
May 31, 2022, 4:20 PM

Top News

David Heaney / UploadVR:
Kuo: Sony will mass produce ~1.5M units of its PSVR 2 headset in H2 2022 for a possible Q1 2023 launch, depending on the development schedule of flagship games  —  A prominent supply chain analyst claims PSVR 2 mass production will begin in the second half of this year.
Gary Silverman / Financial Times:
At a CFTC meeting, agricultural groups criticized FTX CEO Sam Bankman-Fried's plan for automated risk management and 24/7 trading in leveraged futures markets  —  Agricultural groups criticise FTX plan for round-the-clock risk management in leveraged futures market
Passant Rabie / Gizmodo:
Elon Musk: “Starlink 2.0 satellites are almost an order of magnitude more capable than Starlink 1.0” and weigh 4.8X more, needing the upcoming Starship rocket  —  The generation 2 satellites are meant to be more powerful than their earlier counterparts.  —  Alerts
Jason Mikula / Fintech Business Weekly:
Filings for Q1 2022: Varo, the first US neobank to be granted a bank charter, had a high $84M burn rate and 98% of its income came from interchange and fees  —  What the Regulators Should (and Shouldn't) Do to Encourage Competition  —  Hey all, Jason here.  Happy Memorial Day, for my American readers!
Cat Zhang / Pitchfork:
How musicians like Weezer frontman Rivers Cuomo use Discord: artists share ideas, host parties, and engage with fans, who help with moderation and other tasks  —  Originally launched as a messaging app for gamers, the platform has become an intimate place for artists and fans to connect and build community.

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
Zoho Books now enables direct VAT filing with EmaraTax  —  We're excited to announce that Zoho Books is now recognised as a Digital Tax Integrator by the Federal Tax Authority, enabling direct VAT return filing from within your favorite accounting software.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Tim Apple's Very Bad Week
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Jeffrey Katzenberg & Sujay Jaswa (WndrCo) on What Startup Founders Can Steal From The Entert
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Spotlight On:
VBSR 1.01: RTO is back (again) + data moats dry up + Sara vibecodes
A podcast from Accel about how companies are built, from the people doing the building.
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Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner and Bill Gurley.
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Uber CEO Dara Khosrowshahi is okay with reinventing the bus
A show from the Verge about big ideas - and other problems.
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Earlier Picks

Paul Alcorn / Tom's Hardware: