Techmeme
May 7, 2022, 4:25 AM

Top News

New York Times:
Elon Musk's investor pitch deck: grow Twitter revenue 5x to $26.4B, cut ad revenue reliance to <50% by 2028, grow Twitter Blue's users to 69M by 2025, and more  —  Here's what Mr. Musk is projecting for Twitter's finances over the next few years, according to a pitch deck he presented to investors.
Joe Warminsky / The Record:
The US sanctions cryptocurrency mixing service Blender.io for allegedly laundering $20.5M from the Axie Infinity hack, the first time the US sanctioned a mixer  —  The U.S. Treasury Department on Friday sanctioned a cryptocurrency mixing service for the first time, citing evidence that it was used …
Wall Street Journal:
Some ex-TikTok US staff talk of long hours, tight deadlines, lack of work-life boundaries, sleep deprivation, weekend work, and secrecy uncommon in the industry  —  Former U.S. staffers tell of sleep deprivation, work on weekends and mandatory meetings with colleagues on the other side of the globe
Zachary Boddy / Windows Central:
A major Xbox Network outage is preventing some users from launching games and starting Cloud Gaming sessions; issues related to purchases have been resolved  —  Xbox consoles are temporarily a lot less useful for gaming.  —  Update, May 6, 2022, at 10:25 p.m. CT: Over seven hours …
Jordan Novet / CNBC:
Google forms a new blockchain group, led by former Citigroup executive James Tromans, to make the Google Cloud Platform the first choice for Web3 developers  —  - Former Citigroup executive James Tromans will lead the new Google group that will build services to help developers construct Web3 applications.
Kanishka Singh / Reuters:
The SEC says Nvidia will pay $5.5M to settle charges it failed to disclose that cryptomining was a “significant element” of its FY 2018 gaming revenue growth  —  The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation …
Cointelegraph:
A report on publicly traded crypto mining companies finds Core Scientific leads with $545M in 2021 revenue, Riot Blockchain had $215M, and Hive Blockchain $195M  —  Mining firm Core Scientific's hash rate leads all public companies with 8.3 EH/s, and it mined 5,769 BTC in 2021.  —  225 Total views
Dan Mangan / CNBC:
A California federal judge dismisses Donald Trump's lawsuit seeking to lift his ban from Twitter but may allow an amended complaint to be filed against Twitter  —  - A federal judge dismissed a lawsuit by former President Donald Trump seeking to lift his ban from Twitter.
James Vincent / The Verge:
Inside Engineered Arts, a UK-based company making humanoid robots for entertainment and education that can emote and respond to passersby with preset banter  —  Will Jackson, CEO of robotics company Engineered Arts, says he isn't sure what's worse: the angry emails that accuse him of building machines …
Jennifer Elias / CNBC:
Internal docs: Google is revamping performance reviews, resulting in higher pay, as it tries to ease tensions between staff and leadership about compensation  —  - Google introduced changes in efforts to streamline its performance reviews and promotions.  — Executives said the changes …
More: The VergeThanks:@mattrosoff

Sponsor Posts

Niantic Spatial:
World models need real-world data  —  Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics.  Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
Meet Zoho Books MCP: Bring AI-powered accounting to your business  —  Isn't change the only constant?  And that holds true for accounting too.  For years, accounting software has helped businesses manage their finances …
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.
Anuma:
The Private AI That Remembers  —  Anuma is the all-in-one AI platform with private, portable memory.  Chat, text, create, build, and solve across every model.

Featured Podcasts

Lenny's Podcast:
Why cultivating agency matters more than cultivating skills in the AI era | Max Schoening (Head of Product, Notion)
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:
OpenAI's User Growth Miss, Musk vs. Altman, Prediction Market Ban
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.
Training Data:
OpenAI's Greg Brockman: Why Human Attention Is the New Bottleneck
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.
The Upstarts Podcast:
Runway's Cris Valenzuela: Building The Hollywood-Friendly Video AI That OpenAI Couldn't
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Hard Fork:
OpenAI's Big Reset + A.I. in the Doctor's Office + Talkie, a pre-1930s LLM
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.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:25 AM ET, May 7, 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

Dan Strumpf / Wall Street Journal:
Aisha Malik / TechCrunch:
Echo Wang / Reuters:

Earlier Picks

Aislinn Keely / The Block:
Michael Bellusci / CoinDesk:
Ian Sherr / CNET:
Ian Sherr / CNET: