Techmeme
May 13, 2022, 7:15 PM

Top News

Nivedita Balu / Reuters:
Source: @elonmusk and @elonmuskMore: Wall Street Journal, The Verge, Washington Post, Axios, Bloomberg, BBC, New York Times, Engadget, Forbes, Japan Today, Platformer, Barron's Online, Axios, Social Media Today, Bloomberg, Ars Technica, Moneycontrol, 9to5Mac, CNBC, CNN, New York Times, Mashable, Android Police, Protocol, Variety, Android Central, Los Angeles Times, Associated Press, The Guardian, Silicon Republic, The Verge, BuzzFeed News, Bloomberg, Financial Times, Protocol, TechCrunch, The Wrap, iMore, CoinDesk, The Hollywood Reporter, VICE, Fortune, HotHardware.com News, Cryptonews, Insider, Variety, and The Mac Observer
Matt Levine / Bloomberg:
By tweeting that the deal is on “hold”, Musk is yet again committing “lite securities fraud” while laying the groundwork to walk away or renegotiate the price  —  Programming note: Money Stuff was supposed to be off today, but then my boss, Elon Musk, called me in to work anyway.
Bloomberg:
Sunil Jagtiani / Bloomberg:
Terraform Labs halts Terra block production for the second time in 24 hours “to come up with a plan to reconstitute” the network, after UST and LUNA collapsed  —  The blockchain behind the collapsed TerraUSD stablecoin and the affiliated Luna token stopped processing new transactions for the second time in less than a day.
Yogita Khatri / The Block:
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG accumulated $2B+ in bitcoin reserves and loaned $750M to market makers  —  Quick Take  — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.
Joanna Ossinger / Bloomberg:
Mark Gurman / Bloomberg:
Sources: Apple is testing iPhones with a USB-C port, and adapters for Lightning accessories, for 2023 at the earliest, to help it conform with looming EU rules  —  Apple Inc. is testing future iPhone models that replace the current Lightning charging port with the more prevalent USB-C connector …
Paresh Dave / Reuters:
US states and local governments are backing off banning facial recognition, amid rising crime and increased lobbying from facial recognition developers  —  Facial recognition is making a comeback in the United States as bans to thwart the technology and curb racial bias in policing come under threat amid …
David Jones / Cybersecurity Dive:
The Linux Foundation and OpenSSF plan to spend $150M+ to boost open source and supply chain security; Amazon, Google, Intel, Microsoft, and others pledged $30M+  —  Top technology companies offered $30 million toward a two-year goal to bolster software supply chain security.  —  Listen to the article
Jane Lanhee Lee / Reuters:
Arm reports record 2021 revenue, up 35% YoY to $2.7B, due to licensing up 61% YoY to $1.13B and royalties up 20% YoY to $1.54B; 29.2B ARM chips shipped in 2021  —  SoftBank Group Corp's(9984.T) chip technology firm Arm Ltd on Thursday reported record revenue for 2021, and Chief Executive …
Lucas Matney / TechCrunch:
Postmates founder Bastian Lehmann's new crypto startup TipTop raises a $23M Series A from a16z, Sam Altman, Naval Ravikant, and others  —  Postmates founder Bastian Lehmann's new crypto startup TipTop was lightly teased out a few weeks ago, but now the stealth startup is sharing some info …
David Ingram / NBC News:
Some local officials forced US schools and libraries to shut down or limit e-reader apps like Epic and OverDrive after conservative parents objected to content  —  E-reader apps that became lifelines for students during the pandemic are now in the crossfire of a culture war raging over books in schools and public libraries.
Nikkei Asia:
Source: AliExpress Russia, Alibaba's joint venture in the country that had ~1,000 employees before March, laid off ~40% of staff since the invasion of Ukraine  —  AliExpress had planned to expand in its biggest market as recently as March  —  AliExpress Russia's business has been disrupted by Moscow's invasion of Ukraine.
More: Reuters

Sponsor Posts

ElevenLabs:
ElevenAgents by ElevenLabs  —  You know us for voice.  Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency.  Hear it for yourself.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
App Spotlight: 360 SMS for Zoho CRM  —  App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools.  Visit Zoho Marketplace to explore all of our apps, integrations …
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

Hard Fork:
The Ezra Klein Show: How Fast Will A.I. Agents Rip Through the Economy?
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.
Great Chat:
Bubble talk
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Access:
AI takes over meetings, the SF vs London tech scene, and ethics in media
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Upstarts Podcast:
Harvey's Winston Weinberg: From Law Associate To $11 Billion Legal AI Startup CEO
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.
The Nick, Dick and Paul Show:
Red Dye 40
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Tools and Weapons with Brad Smith:
Everybody Goes Home: How technology is helping prevent wildfires from spreading
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 7:15 PM ET, May 13, 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

Earlier Picks

Lucas Matney / TechCrunch:
Scott Stein / CNET: