Techmeme
June 14, 2022, 9:05 AM

Top News

Brian Armstrong / The Coinbase Blog:
Matthew Panzarino / TechCrunch:
Craig Federighi says Stage Manager is exclusive to M1 iPads because it requires the M1's better GPU, virtual memory, storage, and RAM for a seamless experience  —  SVP Craig Federighi on stretching Apple's iPad to fit new ways of working  —  Though the iPad was a huge hit from the beginning based …
Bloomberg:
Sources: Elon Musk will address Twitter employees and take questions at a company-wide virtual meeting on Thursday morning  —  Elon Musk will address Twitter Inc. employees at a company-wide meeting this week, the first time the Tesla Inc. chief executive officer will meet with employees since agreeing …
Bloomberg:
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 15%+ to ~$22K, ether drops 16%+ to ~$1.2K, and Solana drops 7%+ to ~$28  —  Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through global risk assets.
Brandy Betz / CoinDesk:
Daniel Roberts / Decrypt:
Manish Singh / TechCrunch:
Sequoia launches two funds: a $2B early-stage, venture, and growth fund for India and an $850M dedicated fund for Southeast Asia, the largest in the regions  —  Sequoia India and Southeast Asia has launched two new funds, a $2 billion early-stage, venture and growth fund for India …
Taylor Hatmaker / TechCrunch:
Meta announces a Voice Mode setting for Horizon Worlds, letting users garble voices from strangers, rolling out in the coming weeks, and launches in the UK  —  Meta might soon want everyone to hop into its playful virtual realms, but some users are set up for a shock.
Tim Hardwick / MacRumors:
Germany's Bundeskartellamt regulator launches an antitrust investigation into Apple's ATT tracking rules and anti-tracking tech  —  Germany's Federal Cartel Office, the Bundeskartellamt, has initiated proceedings against Apple to investigate whether its tracking rules and anti-tracking technology …
Bloomberg:
Data shows Chinese orders for chipmaking equipment rose 58% YoY in 2021, as some US chipmakers claim Chinese companies are paying above-market prices  —  China's semiconductor industry is showing signs of flourishing even in the face of Biden administration efforts to counter its growth, raising alarm bells in Washington.
Upmanyu Trivedi / Bloomberg:
NYU report details how influencers backing India's BJP have used YouTube to spread conspiracy theories and hateful content targeting Muslims and women in India  —  Influencers backing India's ruling Hindu nationalist party have used YouTube videos to spread conspiracy theories …
Kate Park / TechCrunch:
Indonesia-based consumer payment service Flip announces a $55M Series B extension led by Tencent, bringing the round to $103M and its total raised to $120M  —  Flip, an Indonesia-based consumer payment platform, has closed a $55 million Series B extension round led by Tencent with participation from Block …

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Earlier Picks

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New York Times:
Sarah Lord / CNET:
Gary Marcus / The Road to AI We Can Trust: