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.

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:
App Spotlight: TDS 26AS Reconciliation for Zoho Books  —  Automate 26AS/Form 168 reconciliation, ensuring that mismatches between your 26AS/Form 168 and books are flagged to make ITR filing seamless …
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

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.
Lenny's Podcast:
Why every company now needs to think and operate like a lab team | Josh Woodward (Google Labs, Gemini, AI Studio)
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:
Meta & Microsoft's Claude Slowdown, His Agent Leaked His Banking Info, Don't Bully Your AI
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.
 

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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: