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May 12, 2022, 12:20 PM
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WeSmirchTop News
| Joanna Ossinger / Bloomberg: |
After UST's collapse, most rival algorithmic stablecoins are below the dollar peg; Tether and USDC, the two largest, are mostly holding their dollar peg — Stablecoins besides TerraUSD are failing to live up to their billing as the collapse of the algorithmic token has investors pondering …
More:
The Block, Forbes, Bloomberg, The Block, CoinDesk, Tech Monitor, CNBC, and Washington Post
Tweets: @stablekwon, @johnbrownlow, @terra_money, @lukeisamazing, @molly0xfff, @kadhim, @mskidchaos, @traderkoz, @lubchansky, @paleofuture, @jerallaire, @alexhern, @carnage4life, @parismarx, @katie_martin_fx, @zhusu, @bramcohen, @lawmaster, @rekthq, @lawmaster, @tautologicaly, @carnage4life, @lhm1, @sbf_ftx, @kadhim, @macnbtc, @lawmaster, @sbf_ftx, @lawmaster, @barrysilbert, @thestalwart, @trustlessstate, @timccopeland, @unusual_whales, @lawmaster, @sbf_ftx, and @asvanevik
| Andrew Rummer / The Block: |
Tether, the largest stablecoin, briefly drops to a 24-hour low of $0.96; Binance USD and USDC are both trading at around $1 — Quick Take — Tether dropped below $0.96 on Thursday morning. — The stablecoin is designed to keep a constant peg with the dollar.
More:
The Economic Times, tether.to, Kaiko, Web3 is going just great, Silicon Canals, Cointelegraph, CoinJournal, Bloomberg, rekt, Financial Times, CNBC, Cointelegraph, Fortune, Bloomberg, Investing.com, Tech in Asia, Decrypt, CoinDesk, and CryptoGlobe
Tweets: @paoloardoino, @tether_to, @emilyjnicolle, @thestalwart, @kadhim, @_checkmatey_, @jason, @whale_alert, @ldrogen, @mayazi, @tether_to, @coindesk, @safetyth1rd, @fchollet, @cobie, @alexhern, @kadhim, @austerity_sucks, @thestalwart, @robinwigg, @scupytrooples, @alexhern, @0xfoobar, @bongcapital, @alexhern, @silvermanjacob, @kadhim, @punk6529, @jaakonft, and @whale_alert
| Ryan Browne / CNBC: |
Bitcoin dropped below $26,000 for the first time since December 2020, down 15% in 24 hours; Ether dropped as low as $1,720, its lowest level since July 2021 — - The price of bitcoin plunged below $26,000 on Thursday, hitting its lowest level in 16 months.
More:
Wall Street Journal, Fortune, NBC News, Forbes, Reuters, Bloomberg, Cointelegraph, euronews, and The Block
Tweets: @binanceus, @_megconley, @ldignan, @carnage4life, @ashwsbreal, @cobie, @lopp, @lionelralaurent, @thekouk, @carnage4life, @grady_booch, and @twobitidiot
| David Yaffe-Bellany / New York Times: |
Bitcoin price fluctuations increasingly mirror the broader tech stock market, as the recent downturn shows, belying its allure as a hedge against inflation — The cryptocurrency's plunging value has mirrored losses in the Nasdaq, a benchmark that's weighted toward tech stocks.
More:
CoinJournal. Tweets: @saylor, @tedtalksmacro, @charlesarthur, @flitteronfraud, and @alfonslopeztena
| Yogita Khatri / The Block: |
MicroStrategy's massive bitcoin bet is underwater on paper as bitcoin trades around $28,000; MicroStrategy holds 129,218 BTC, bought for $30,700 on average — Quick Take — Bitcoin's price fall has led to unrealized losses for MicroStrategy. — The Nasdaq-listed company is currently sitting on a paper loss of $330 million.| David Pierce / The Verge: |
A look at Google's “ambient computing” strategy, a bid to unify its disparate hardware lines, led by the Pixel team — Making ambient computing happen is forcing Google to change how it does everything — The story of this year's Google I/O actually started three years ago.
More:
YouTube, Telecoms.com, MeTacheles, and Patently Apple
Tweets: @mcelhearn, @reckless, @caseynewton, @pierce, @louisgray, @therealmarvin, and @reckless
| Daisuke Wakabayashi / New York Times: |
Google I/O presented a modest vision of the future, offering subtle changes to existing products; executives said “help”, “helping”, or “helpful” over 50 times — Artificial intelligence is being woven into an array of the company's products.
Tweets: @stevesi, @daiwaka, @micahzenko, and @raywongy
| Financial Times: |
Brian Armstrong says there's “no risk of bankruptcy” after Coinbase said in its filing that its users might lose all their crypto if the exchange goes bankrupt — Shares in crypto exchange fall 23% after bleak results and new risk disclosure — Shares in cryptocurrency exchange …
Source:
@brian_armstrong. More:
HotHardware.com News, Bloomberg, KnowTechie, Cointelegraph, CNN, Coinspeaker, Forbes, and Newser
Tweets: @sophiamzaller, @johnhopebryant, @readdanwrite, @carlquintanilla, @caseynewton, @danprimack, @malwarejake, @teroterotero, @jac5connor, @zquestz, @midwesthedgie, @takarasmall, @davidgerard, @jonst0kes, @andrewscurria, @lesliepicker, @dgolumbia, @jentaub, @nkulw, @mikebelshe, @bambroughkevin, and @autismcapital
| Adi Robertson / The Verge: |
A US appeals court rules 2-1 to let Texas enforce a social media law stopping Twitter, Facebook, and other services with 50M+ users from moderating content — A judge blocked a similar law in Florida on First Amendment grounds — The controversial Texas social media law HB 20 …
More:
Gizmodo, PCMag, Protocol, ExchangeWire.com, TechCrunch, and Protocol
Tweets: @mjs_dc, @b_fung, @wendyndavis, @rmfifthcircuit, @b_fung, @daphnehk, @mjs_dc, @mjs_dc, @medialawprof, @b_fung, @popehat, @metaltxt, @josephmenn, @popehat, @popehat, @reckless, @popehat, @popehat, @chrisgeidner, @popehat, @dangillmor, @popehat, @videah_, @popehat, @popehat, @popehat, @popehat, @radleybalko, @popehat, @elisugarman, @nomadicmatt, @scottnover, @jamalgreene, @indiawilloughby, @popehat, and @popehat
| Jay Peters / The Verge: |
After mocking Apple for removing the iPhone headphone jack in an August 2021 ad for the Pixel 5a, Google quietly removes the headphone jack on the Pixel 6a — The Pixel 6A offers a lot of good features, but not a headphone jack — Google just revealed the Pixel 6A at Google I/O on Wednesday …
More:
MacRumors, Philip Elmer‑DeWitt, AppleInsider, KnowTechie, iMore, and Wccftech
Tweets: @ianbetteridge, @dcseifert, @robpegoraro, @_gbalaji, @yin_designs, @glynmoody, @verge, and @campuscodi
| Damien Wilde / 9to5Google: |
More:
YouTube, The Keyword, Macworld, The Verge, MSPoweruser, Tech Advisor, Android Authority, Android Headlines, and Firstpost Tech. Tweets: @jaypeters
| Paul Hill / Neowin: |
Google releases Android 13 Beta 2 with finer privacy controls, an improved Material You theme system, the ability to change the language of each app, and more — At its Google I/O event on Wednesday, Google released the second beta of Android 13. The search giant highlighted several … | Frederic Lardinois / TechCrunch: |
Google and Samsung announce Health Connect to simplify connectivity between health and fitness apps and allow users to share their data across apps — At its Google I/O developer conference, Google and Samsung today announced Health Connect, a new initiative that will simplify …
More:
Android Developers Blog, PhoneArena, SamMobile, Android Developers, and Sammy Fans
| Thomas Stackpole / HBR.org: |
Q&A with crypto skeptic Molly White, who runs Web3 Is Going Just Great, on Web3's evolving problems and cultural draw, blockchain privacy issues, and more — Welcome to Web3 — What Is Web3? — Why Blockchain's Ethical Stakes Are So High Web3 Will Run on Cryptocurrency What a DAO Can — and Can't — Do
Tweets: @molly0xfff, @theburningmonk, @morganricks1, @marcprecipice, @carnage4life, @ahcastor, @gergelyorosz, @molly0xfff, and @ryanlcooper
| Scott Stein / CNET: |
Mark Zuckerberg gives an early look at mixed reality on Meta's Project Cambria headset; Meta announces Presence Platform to let developers make MR apps — A demo of Meta Cambria demonstrates how it blends AR and VR, while Quest 2 headsets could be used to develop apps in the meantime. — Scott Stein
More:
Android Central, Protocol, Engadget, and The Verge
Facebook: Facebook. Tweets: @sadlyitsbradley, @metanewsroom, @boztank, @boztank, @ricmac, @vr_sam, @jetscott, @stevekovach, and @nickstatt
| Sam Nussey / Reuters: |
SoftBank reports a $26.2B full year loss for its Vision Fund unit, leading the group to a $13.15B annual net loss, as stocks decline and inflation rises — SoftBank Group Corp (9984.T) reported on Thursday a record loss of $26.2 billion at its Vision Fund unit as the tech conglomerate's portfolio …
More:
Wall Street Journal, Financial Times, The Irish Times, Financial Times, Bloomberg, TechCrunch, New York Times, SoftBank Group Corp., and Bloomberg
Tweets: @birdyword, @madhavchanchani, and @birdyword
| David Pierce / The Verge: |
Google announces Workspace updates, including AI-powered tools to control how users look and sound on Meet and automated transcriptions of Meet meetings — Making your Meet meetings a little better — There's a good chance you've spent much of the last two-plus years sitting at home …
More:
The Keyword, 9to5Google, and TechCrunch
| Sarah Perez / TechCrunch: |
| Julian Chokkattu / Wired: |
Google will update over 20 apps with tablet optimizations in the coming weeks, as the company seeks to improve Android on large-screen devices — More than 20 Google apps will be updated with tablet optimizations in the coming weeks. — There's a reason why the word tablet is synonymous with iPad.
More:
Android Authority, 9to5Google, Android Police, Pocket-lint, and SamMobile
| Brian Heater / TechCrunch: |
More:
The Keyword, Android Police, 9to5Google, Android Authority, 9to5Mac, The Verge, Wired, Android Developers, and Pricebaba.com Daily
Tweets: @madebygoogle, @dcseifert, @ihnatko, @detroitborg, @davezatz, and @bzamayo
| Rebecca Jennings / Vox: |
Creators who quit YouTube keep returning despite “YouTube brain”, where creators are creatively and financially subject to the whims of viewer attention spans — Prominent YouTubers keep quitting the platform and then coming back. Call it the result of YouTube brain.| Jay Peters / The Verge: |
Twitter launches Data Dash, a browser game intended to help explain some of its privacy settings, as part of a bigger push around its rewritten privacy policy — Avoid ads and trolls in Twitter Data Dash — Twitter released a new browser game on Wednesday that's intended to help explain some of its privacy settings.
More:
Twitter, privacy.twitter.com, Silicon Republic, 9to5Mac, TechCircle, Pocket-lint, and Mashable
Tweets: @twittersafety, @lizmhull, @mmasnick, and @rkmac
| Scott Stein / CNET: |
An interview with James Park, Fitbit co-founder and Google's wearables division head, on how the Pixel Watch factors into Fitbit and its future plans, and more — James Park talks to CNET about the Google Pixel Watch, and where Fitbit's vision goes from here. — Scott Stein| Abner Li / 9to5Google: |
More:
Samsung Newsroom, The Verge, Insider, PhoneArena, KnowTechie, and CNET
Tweets: @madebygoogle, @madebygoogle, @benwood, @detroitborg, @ihnatko, @montblanc_world, @damanr, @ihnatko, @captain2phones, @dcuthbert, @chrismlacy, @munster_gene, and @snazzyq
| Crystal Tse / Bloomberg: |
Sources: Instacart confidentially filed documents for an IPO, which could happen as soon as 2022, though the timing could slip or the startup could stay private — Instacart Inc., the grocery delivery platform, has confidentially filed documents for an initial public offering, according to people with knowledge of the matter.
More:
New York Times. Tweets: @carnage4life, @sawyermerritt, @darian314, @yoda, @epro, and @david32375134
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