Techmeme
May 2, 2022, 12:25 AM

Top News

Bloomberg:
Yuga Labs raises ~$320M by selling 55K virtual land plots in its Otherside metaverse, causing Ethereum blockchain ripple effects and skyrocketing gas fees  —  Yuga Labs, the creator of the popular Bored Apes Yacht Club collection of NFTs, launched a sale Saturday of virtual land related …
Tripp Mickle / New York Times:
A look at Jony Ive's evolving responsibilities and frustrations at Apple that eventually led to his June 2019 resignation, adapted from the book “After Steve”  —  The man who helped give the world candy-colored computers walked out the door as Tim Cook took charge.
Danny Nelson / CoinDesk:
Solana's network suffered another outage on Saturday, lasting seven hours, when NFT minting tool Candy Machine was hit with bots, leading to ~4M requests/second  —  It wasn't immediately clear how the bot traffic overcame network safeguards.  —  Solana stakeholders rushed to right …
CoinDesk:
The Wikimedia Foundation decides to stop accepting cryptocurrency donations following community feedback, citing Mozilla's similar move in January 2022  —  The announcement follows a vote by the Wikimedia community in which 71.2% voted in favor of a proposal to stop accepting cryptocurrency.
The Markup:
Study finds the US FAFSA application page shared users' info, including names, zip codes, and email addresses, with Meta via the company's tracking pixel  —  For millions of prospective college students, applying online for federal financial aid has also meant sharing personal data with Facebook …
Abner Li / 9to5Google:
Sources: Google's upcoming Pixel Watch will be powered by a 300mAh battery and will support cellular connectivity  —  While the look of Google's upcoming Wear OS device has thoroughly leaked, many questions about the internal hardware powering it remain.  Sources now tell 9to5Google …
Xinmei Shen / South China Morning Post:
Government data: China's internet companies raised $3.51B in Q1 2022, down 76.7% YoY from $15B+, and the number of startup funding deals declined 38.3% YoY  —  Plunge in funding follows an intense period of regulatory action that has targeted some of China's biggest internet companies.
Kyle Wiggers / TechCrunch:
Adept, which aims to build AI systems that can understand and automate any software process, emerges from stealth with $65M led by Greylock and Addition  —  In 2016 at TechCrunch Disrupt New York, several of the original developers behind what became Siri unveiled Viv, an AI platform …
CoinDesk:
DeFi lender Rari Capital, which merged with Fei Protocol in December 2021, loses $80M+ in a hack exploiting a reentrancy vulnerability in Rari's Fuse protocol  —  Decentralized finance (DeFi) platforms Rari Capital and Fei Protocol suffered a more-than-$80 million hack early Saturday.

Sponsor Posts

Command Line:
Azure Content Understanding: Building on lessons from a decade of Document Intelligence  —  What a decade of teaching machines to read real-world documents taught us about what LLMs can and can't do.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
UK tax compliance with Zoho Books  —  The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
AI Leaders Can't Get Along. So How Will They Keep Us Safe? — With Kevin Roose
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
How to Run a Political Campaign in the TikTok Era (And How Not To)
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.
Sources:
Robinhood's CEO on letting AI trade your money
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Training Data:
David Silver and Lasse Espeholt of Ineffable Intelligence: A Superlearner for the Age of Experience
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
David Vélez - Building Nubank and the Future of Global Banking
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Cheeky Pint:
Muse Wonder: Zuckerberg and Wang's $100B AI
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:25 AM ET, May 2, 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

Associated Press:
Andrew Deck / Rest of World:

Earlier Picks

Aditya Kalra / Reuters:
Kate Conger / New York Times:
Eric Slivka / MacRumors: