Techmeme
May 2, 2022, 7:00 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.
Laurence Norman / Wall Street Journal:
In a preliminary view, the EU says Apple has abused its dominance in mobile wallet markets by preventing developers from using the NFC chips in iPhones  —  Antitrust authorities take issue with limits on technology used for contactless payments  —  European Union antitrust authorities …
Sam Machkovech / Ars Technica:
European game publisher Embracer buys Square Enix's three Western game studios, with many game series including Tomb Raider and Dues Ex, and their IP, for $300M  —  $300 million deal includes “over 50” classic games' rights, over 1,000 devs.  —  On Monday, Japanese game publisher Square-Enix confirmed …
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 …
Priyanka Iyer / Moneycontrol:
India-based Open, a neobanking service for SMBs, raises a $50M Series D led by IIFL Finance at a $1B valuation  —  Neobanking platform Open has raised $50 million at a valuation of $1 billon, doubling its valuation from $500 million during its last fundraise in October 2021.

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Featured Podcasts

Grit:
The Pull to Build: Joubin Mirzadegan on Grit and Starting Roadrunner
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The 100-person AI lab that became Anthropic and Google's secret weapon | Edwin Chen (Surge AI)
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.
Big Technology Podcast:
AI Device Wars Heat Up, RIP Metaverse?, Netflix Acquires Warner Brothers
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:
"Hollywood is Truly Freaked Out." Inside the Netflix/WBD Deal with Lucas Shaw
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.
Hard Fork:
OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
 

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More News

Kyle Wiggers / TechCrunch:
CoinDesk:

Earlier Picks

Abner Li / 9to5Google:
Associated Press:
Andrew Deck / Rest of World:
Eric Slivka / MacRumors: