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May 9, 2022, 10:10 PM
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| Bloomberg: |
Bitcoin fell 10%+ to under $30,000, its lowest level since July 2021, as investors flee riskier investments; Ethereum, Solana, Avalanche, and others also fell — Bitcoin extended losses, dropping below $30,000 for the first time since July 2021, putting its decline from a November record high …
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Wall Street Journal, The Block, Wall Street Journal, Gizmodo, Forbes, The Verge, CoinDesk, Fortune, New York Times, CNBC, Bitcoinist.com, Cointelegraph, Bloomberg, SlashGear, Ethereum World News, Tom's Hardware, Financial Times, Livemint, Cointelegraph, Bloomberg, CNBC, Barron's Online, and RTÉ
Tweets: @lfg_org, @saylor, @stablekwon, @cryptomanran, @schwarz, @maybebullish, @thinkingbitmex, @bennetttomlin, @adamsinger, @thestalwart, @ahcastor, @naiivememe, @robustus, @kaiynne, @iamjosephyoung, @nlw, @ben_mckenzie, @cryptowhale, @ryansadams, @saxena_puru, @film_girl, @tier10k, @timbray, @twobitidiot, @ldrogen, @zachweinberg, @robustus, @punk6529, @timbray, @carnage4life, @adamsinger, @trustlessstate, @thestalwart, @bitfinexed, and @davidzmorris
| Sam Kessler / CoinDesk: |
CoinMarketCap: the UST stablecoin loses its USD peg, falling below $0.80, after the Luna Foundation Guard pledges $1.5B of its bitcoin reserves to defend UST — TerraUSD (UST) has lost its dollar peg for the second time in three days, falling to as low as $0.95 on Monday …
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Decrypt, PYMNTS.com, CoinDesk, Micky, Bitcoin Magazine, Bitcoin Magazine PRO, Crypto Briefing, Bitcoin News, Blockworks, and Bloomberg
Tweets: @jonwu_, @kevinsekniqi, @joemccann, @terra_money, @molly0xfff, @coindesk, @zguz, @trader1sz, @martiniguyyt, @darealmilkbagz, @terra_money, @forgash_, @thestalwart, @crypto, @officialtravlad, @mylifeindefi, @kevinsekniqi, @terra_money, @guilletorrealba, @carnage4life, @nzkoz, @dlauer, @antoniogm, @mdudas, and @cbarraford
| 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 …
Source:
ACLU. More:
New York Times, The Register, Agence France-Presse, PCMag, TechCrunch, The Verge, Engadget, CNN, Mashable, Insider, Gizmodo, The Record, CyberScoop, The Hill, Associated Press, Protocol, Reuters, Forbes, Slashdot, and Pixel Envy
| 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.| 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.
Source:
Facebook. More:
TechCrunch, The Verge, Platformer, CoinDesk, Phandroid, Engadget, Crypto Briefing, Social Media Today, NFT Evening, Gizmodo, Marketing e Negócios, ZyCrypto, Redmond Pie, Protocol, Decrypt, 9to5Mac, crypto.news, CoinDesk, Cripto Letter, Finextra, Coinspeaker, and CoinDesk
Tweets: @mosseri, @metanewsroom, @0xpolygon, @sophiatwilson, @watcherguru, @phantom, @sal19, @weinbagz, @hhorsley, @seyitaylor, @charlesarthur, @kcallop, @minimaxir, @timsweeneyepic, @dennishegstad, @skasriel, @katienotopoulos, @mayazi, @drjessmaddox, @carnage4life, @stuartfrisby, @parkyprakhar, @andrewmartonik, @megan_kaspar, and @0xethandg
| The Information: |
Sources: Meta is considering reducing the money it gives news outlets and focusing on news content as short videos on Facebook rather than as links to articles — Meta Platforms is considering reducing the money it gives news organizations as it reevaluates the partnerships it struck …
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Reuters. Tweets: @taylorlorenz, @katzish, @kendallybrown, @vickerysec, @darth, @simonowens, @jeffjarvis, @dskok, @therriaultphd, @noupside, @dsilverman, @pookleblinky, @jason_kint, @blackamazon, @kevinmarks, and @markdistef
| 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.
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The Register, The Information, Engadget, Insider, New York Times, TechCrunch, Quartz, The Verge, Gizmodo, Protocol, Axios, Fortune, Benzinga, City A.M., The Hill, The Economic Times, Reuters, and Barron's Online
Tweets: @dee_bosa, @dee_bosa, @shiraovide, @shiraovide, @niklausfuller, @breadcrumbsre, @ericnewcomer, @mattzeitlin, @marypcbuk, @mateosfo, @gergelyorosz, @jeffnolan, @tedkempcnbc, @stockjabber, @european_dgi, @dee_bosa, @jyarow, @tomprice, @shafiquegajdhar, @petergyang, @traceyryniec, @transitcenter, @cabvisiontaxi, @shortsightedcap, @wallstcynic, @marceloplima, @cmungerilal, and @bgurley
| 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 … | Ari Levy / CNBC: |
Coinbase, Robinhood, Rivian, UiPath, Marqeta, and Toast are down 65%+ from their IPO; over half of 53 tech companies that went public in 2021 are down 50%+ — - After a banner year for tech IPOs in 2021, the most notable companies to go public are now suffering some of the biggest losses on the market.
More:
CoinDesk
| Kevin Collier / NBC News: |
Lincoln College is set to become the first US higher education institution to close in part due to a ransomware attack, which hindered admissions last December — Lincoln College is scheduled to close its doors Friday, becoming the first U.S. institution of higher learning to shut down in part due to a ransomware attack.
More:
Gizmodo, BleepingComputer, Engadget, The Hill, IT Management, Bloomberg, and Herald & Review
Tweets: @kevincollier, @chrisgnardi, @k8em0, @oneunderscore__, and @ericgeller
| Tara Deschamps / Canadian Press: |
Canada's Competition Bureau files to block Rogers' $26B purchase of Shaw, as the merger would lead to “higher prices, poorer service quality, and fewer choices” — The Competition Bureau has filed an application to block Rogers Communications Inc.'s purchase of Shaw Communications Inc …
More:
Government of Canada, MobileSyrup, iPhone in Canada Blog, and Bloomberg
Tweets: @compbureau and @davidreevely
| Todd Spangler / Variety: |
IAB and PwC report: US podcast ad revenue hit $1.45B in 2021, up 72% YoY, and is expected to grow 47% to $2.13B in 2022 and grow to $4.2B in 2024 — Listen to this: The podcast advertising biz is continuing its upward trajectory — with U.S. ad sales expected to grow 47% this year to $2.13 billion … Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Zoho:
Stop re-entering invoices between CRM and accounting systems — This is a guest blog from Xapplets (Zeeyes).There's a workflow most growing teams know well. Sales closes a deal in the CRM.
Stop re-entering invoices between CRM and accounting systems — This is a guest blog from Xapplets (Zeeyes).There's a workflow most growing teams know well. Sales closes a deal in the CRM.
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.
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
Training Data:
Factory's Matan Grinberg: The Coming 'Dark Factory' Where Software Builds Itself
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Invest Like the Best:
Matthew Smith — Natural Gas: The Next Bottleneck
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Lenny's Podcast:
Why Netflix is betting on systems thinkers—not specialists—in the AI era | Elizabeth Stone (CPTO)
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:
Kimi K3 & AI's Price War, What Happened To Google?, OpenAI's Partner Trouble
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Great Chat:
Never follow your heroes (on X)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
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Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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.
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