Techmeme
May 9, 2022, 4:00 PM

Top News

Bloomberg:
Bitcoin falls 7%+ to under $32,000, its lowest level since July 2021, as investors flee riskier investments; Ethereum, Solana, Avalanche, and others also drop  —  Bitcoin extended losses, dropping below $31,000 for the first time since July 2021, putting its decline from a November record high …
Anushree Dave / The Block:
Mark Zuckerberg says Meta will start letting some US creators test digital collectibles and NFTs on Instagram this week, and won't charge for sharing NFTs  —  Meta will start testing digital collectibles and NFTs on Instagram this week, according to chief executive Mark Zuckerberg.
CNBC:
Staff email: Uber CEO Dara Khosrowshahi says the company will slash marketing and incentive spending, treat hiring as a “privilege”, focus on profit, and more  —  - Uber will slash spending on marketing and incentives and treat hiring as a “privilege,” CEO Dara Khosrowshahi said in an email to staff on Sunday.
Drew Harwell / Washington Post:
Clearview AI reaches a settlement with the ACLU by agreeing to stop selling or offering free access to its facial recognition database to most US businesses  —  The settlement marks one of the most significant court actions yet against a company known for downloading billions of people's photos …
Margaret Harding McGill / Axios:
The White House says 20 ISPs, including Verizon, Comcast, and Charter, have agreed to offer 100 Mbps internet service for $30 per month to low-income families  —  The White House said Monday 20 internet service providers have agreed to offer $30 high-speed internet plans to low-income families …
Washington Post:
Researchers: Elon Musk, who vowed to defeat Twitter's “spam bots or die trying”, has long benefited from “fanbots” boosting Tesla shares and deriding critics  —  Mechanized accounts have sought to boost Tesla shares, deride critics and push the pending takeover of Twitter.
Yoko Kubota / Wall Street Journal:
Sources: as China restricts access due to COVID-19, Apple is giving local workers more authority as US staff monitors progress using live streaming and AR  —  Tech giant passes more authority to local workers, uses live streaming and augmented reality to ensure products made in China come out on time
New York Times:
Tesla's stock is down 30%+ since Elon Musk disclosed his Twitter stake on April 4, as investors worry about his personal debt and Twitter becoming a distraction  —  The chief executive's debt load, his divided attention and Twitter's own challenges could all take a toll on his electric-car company.
Janko Roettgers / Protocol:
Despite Apple's push into AR, its lack of mobile Safari support for web-based AR lags browser providers like Google, Samsung, who have supported WebXR for years  —  “AR is going to change the way we use technology forever.”  For the past five years, Tim Cook has used every possible opportunity …
More: 9to5Mac and AppleInsider
Tweets: @gocroquet, @zeh, @glenngabe, @mikarv, @protocol, and @jank0Thanks:@jank0
Ax Sharma / BleepingComputer:
Costa Rica's president declares a state of emergency after the Conti ransomware group published 672GB of data that appears to be from government agencies  —  The Costa Rican President Rodrigo Chaves has declared a national emergency following cyber attacks from Conti ransomware group on multiple government bodies.
Kenrick Cai / Forbes:
Hugging Face, which is building an open source library for natural language processing tech, raises a $100M Series C at a $2B valuation led by Lux Capital  —  Newly valued at $2 billion, the AI 50 debutant originated as a chatbot for teenagers.  Now, it has aspirations …

Sponsor Posts

Tribe AI:
Build AI that works  —  Tribe builds tech for top AI companies.  Get in touch to learn how our bench of 500+ engineers and researchers can accelerate your roadmap.
Kulkan Security:
Hire Kulkan as your penetration testing partner  —  Kulkan prioritizes deep-dive manual security reviews, dissecting your software and infrastructure to find issues that once remediated can truly reduce security risk.
Zoho:
Environmental impact of remote support: Reducing carbon footprints in IT  —  Information technology is essential for powering core business processes and facilitating communication.
Mastodon:
Donate to Mastodon  —  Mastodon gGmbH, the non-profit behind the open-source software powering the social web, relies entirely on support from users like you.  Donate directly with a credit card or through Patreon.
The Kevin Rose Show:
Magatte Wade, Unlocking Prosperity in Africa (#53)
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 04/18 - Game Emulators On iOS And The Atlas Robot Lives!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:00 PM ET, May 9, 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

Kevin Collier / NBC News:

Earlier Picks

Ina Fried / Axios: