Techmeme
June 14, 2022, 4:40 AM

Top News

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:
Matt Turner / Bloomberg:
Manish Singh / TechCrunch:
Sequoia launches two new 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 …
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 …
Sarah Lord / CNET:
Amazon plans to test drone deliveries in Lockeford, California, after receiving FAA approval to service the town, for products ordered through Amazon Prime Air  —  The service will be called Prime Air and will use drones with sense-and-avoid systems to deliver packages safely.  —  Sarah Lord
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 …

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More News

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New York Times:

Earlier Picks

Tom Warren / The Verge:
Gary Marcus / The Road to AI We Can Trust: