Techmeme
June 13, 2022, 2:20 PM

Top News

Celsius:
DeFi lending platform Celsius pauses “all withdrawals, Swap, and transfers between accounts”, due to “extreme market conditions” and citing its Terms of Use  —  We are writing with a very important message for our community.  —  Due to extreme market conditions …
More: tether.to, CoinDesk, CNBC, Bloomberg, Wall Street Journal, Australian Financial Review, Crunchbase News, New York Times, CoinDesk, HotHardware.com News, The Verge, TheStreet, The Block, The Block, Finbold, American Banker, Cointelegraph, ExtremeTech, Politico, Reuters, GamesTX, web3lunch, CoinQuora, CryptoGlobe, Engadget, The Guardian, CryptoSlate, Input, Bloomberg, Bitcoin Magazine, CoinJournal, Mashable, Axios, The Economic Times, CoinGeek, Blockworks, Fast Company, CoinGape, crypto.news, Crypto Adventure, Coinpedia, Meer of Mynder, CryptoPotato, Cryptonews, Crypto's Newsletter, Ethereum World News, Bitcoinist.com, Blockchain News, Fortune, TechSpot, Defillama round-up🦙, Coinspeaker, Protos, Crowdfund Insider, Off to Lunch, Bitcoin News, Tech in Asia, Cryptopolitan, The Crypto Lobby, Crypto Briefing, Newslit Daily, TechCrunch, Decrypt, Micky, and QTR's Fringe Finance
Brandy Betz / CoinDesk:
Bloomberg:
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 16%+ to ~$23K, ether drops 18%+ to ~$1.2K, and Solana drops 16%+ 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.
Matt Turner / Bloomberg:
As cryptocurrencies tumble, MicroStrategy, which owns 129K+ bitcoins, drops up to 28%; Coinbase, Riot Blockchain, and Marathon Digital each drop as far as 15%+  —  Cryptocurrency-related stocks plunged on Monday as Bitcoin tumbled to its lowest level in 18 months amid a deepening selloff …
Daniel Roberts / Decrypt:
Gary Marcus / The Road to AI We Can Trust:
Despite differences within the AI community, pretty much all AI experts find the notion that Google's LaMDA might be sentient completely ridiculous  —  No, LaMDA is not sentient.  Not even slightly. … Blaise Aguera y Arcas, polymath, novelist, and Google VP, has a way with words.
Tom Warren / The Verge:
Microsoft releases an update to Teams that uses AI to reduce echo and interruptions while improving acoustics  —  Your Teams calls should sound a lot better  —  Microsoft has spent the past two years adding flashy new productivity features to Teams, and now the company is overhauling how the fundamentals work thanks to AI.
Sarah Lord / CNET:
Amazon plans to begin testing drone deliveries in Lockeford, California, after receiving FAA approval, for products ordered through Amazon Air  —  The service will be called Prime Air and will use drones with sense-and-avoid systems to deliver packages safely.  —  Sarah Lord
New York Times:
Microsoft and CWA union announce a deal that will make it easier for Activision Blizzard's ~7,000 US employees to unionize after Microsoft's acquisition closes  —  The accord could ease the path for thousands of workers to unionize at the game company Microsoft is acquiring and addresses an antitrust objection.
Molly White:
A skeptical look at crypto as a foundation for self-sovereign identity and some likely dystopian outcomes, as Buterin, Dorsey, and others explore the idea  —  Anonymity and trustlessness are central to the crypto world.  People don't have to attach real-world identities to crypto wallets …
Corin Faife / The Verge:
A look at the growing disparities between ad blocker browser extensions, as Google's Manifest V3 bans blocking via Web Request while Mozilla keeps supporting it  —  There's a growing split over how much room browsers should leave for ad blocking — and Chrome and Firefox have ended up on opposite sides of the fight.

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro (experimental) is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
Introducing the UiPath Platform™ for agentic automation  —  UiPath's new platform empowers enterprises to experience the full power of AI to transform industries
Zoho:
Portable badge printing with SUNMI mobile terminals, now on Zoho Backstage  —  We're excited to roll out our latest integration: the Zoho Backstage Organizer app now supports SUNMI smart mobile terminals (Android only).
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:
Is AI Eating Into Google Search?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Great Chat:
Great managers, and what makes them great
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Decoder with Nilay Patel:
Reuters is ready to stand up for the press -- and embrace AI
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
How have I been complicit in creating the conditions I say I don't want? | Jerry Colonna (CEO of Reboot, executive coach, former VC)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Channels with Peter Kafka:
Ian Rogers tells me I need a crypto wallet
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Azeem Azhar's Exponential View:
What does Spain's blackout mean for the future of clean energy?
Azeem Azhar explores how AI and exponential technologies are shaping our future.
Subscribe to Azeem Azhar's Exponential View.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:20 PM ET, June 13, 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

Earlier Picks