Techmeme
May 14, 2022, 5:25 PM

Top News

Edward Ongweso Jr / VICE:
A Q&A with retail traders after Terra's crash: some lost their life savings, others shared suicidal ideation on forums, and some now realize it's a Ponzi scheme  —  It took less than a week for the third largest stablecoin and its ecosystem to become virtually worthless, wiping out countless traders' savings.
Yogita Khatri / The Block:
Over $1.2B of Luna Foundation Guard's bitcoin reserves remains unaccounted for; LFG had $2B+ in bitcoin reserves and loaned $750M to OTC firms and market makers  —  Quick Take  — Luna Foundation Guard accumulated over $2 billion in bitcoin reserves and provided a loan of $750 million in bitcoin.
Sunil Jagtiani / Bloomberg:
Mike Masnick / Techdirt:
Texas' content moderation law is clearly unconstitutional and forces social media services to allow a torrent of spam or face a deluge of frivolous litigation  —  So, I already had a quick post on the bizarre decision by the 5th Circuit to reinstate Texas' social media content moderation law …
Cat Zakrzewski / Washington Post:
Peter White / Deadline:
Sources: Netflix is exploring live streaming for its unscripted shows and stand-up specials, which would enable live voting for competitions  —  EXCLUSIVE: Netflix is going live for the first time.  —  Deadline understands that the streamer is exploring the launch of live streaming.
Sohee Kim / Bloomberg:
Sources: Samsung is talking to foundry clients about hiking chipmaking prices by up to 20% in 2022, joining TSMC and UMC, which are planning more price hikes  —  Samsung Electronics Co. is talking with foundry clients about charging as much as 20% more for making semiconductors this year …
Nivedita Balu / Reuters:
Source: @elonmusk and @elonmuskMore: Axios, Insider, Livemint, Washington Post, Wall Street Journal, On my Om, CNBC, MSPoweruser, The Verge, Washington Post, CNBC, Bitcoinist.com, iPhone in Canada Blog, The Information, Axios, The Guardian, Neowin, The Economic Times, BBC, Financial Times, New York Post, New York Times, Axios, Social Media Today, Los Angeles Times, Bloomberg, Digital Trends, Moneycontrol, CNN, The Verge, and Silicon Republic
Matt Levine / Bloomberg:
Joshua Oliver / Financial Times:
An interview with Sam Bankman-Fried on crypto hype, blockchain's potential to build a fairer financial system, bitcoin as an asset, philanthropy, and more  —  When an aide told me that “one of our drivers” would pick me up for my lunch with Sam Bankman-Fried, I imagined a hulking black SUV …
Taylor Lorenz / Washington Post:
A look at My Friends My Data, a group of startup founders pushing for laws to force tech giants like Meta and Alphabet to let users move followers between apps  —  A new coalition of start-ups is calling on tech giants to allow creators to reach followers on more platforms.
Benjamin Pimentel / Protocol:
A Q&A with SEC Commissioner Hester Peirce, on her criticisms of the SEC's approach to crypto, chair Gary Gensler's leadership, being called “Crypto Mom”, more  —  SEC Commissioner Hester Peirce is celebrated in memes as “Crypto Mom.”  She's considered crypto's staunchest ally …
The Economic Times:
Sources: Amazon, Flipkart, and Reliance Retail are in talks to join ONDC, India's open e-commerce network, which aims to break large e-commerce firms' dominance  —  Logistics providers Ekart, Dunzo sign up on network; PhonePe in final stages of integration  —  Bengaluru: Ecommerce majors …
Brian Heater / TechCrunch:

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:
Fri. 04/19 - All The News About Llama 3
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 5:25 PM ET, May 14, 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

David Jones / Cybersecurity Dive: