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Techmeme
May 29, 2022, 7:45 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple plans an always-on lock screen for iPhone 14 Pro, major windowing and multitasking changes for iPadOS, and iOS-like System Preferences for macOS  —  Apple's upcoming iOS 16 is likely to upgrade the lock screen, messaging and health features.  Also: Another Apple car manager leaves …
Olga Kharif / Bloomberg:
Nansen: TerraUSD collapse wasn't the work of a single attacker but likely the result of investment decisions from a small number of large UST holders  —  The collapse of the TerraUSD (UST) stablecoin that sent shockwaves throughout the crypto ecosystem can't be attributed to a single attacker, according to researcher Nansen.
Rest of World:
Some people in countries with high inflation say they lost thousands in savings after investing in UST, which seemed more stable than their local currency  —  “I have nothing left, not even a penny.”  —  Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
Washington Post:
Some teenagers say French social networking app Yubo, which has 18M downloads in the US, ignored reports that the Uvalde shooter threatened violence on the app  —  Young people who met the alleged gunman online said he had threatened to kidnap, rape or kill.
Yang Jie / Wall Street Journal:
Chinese government data shows domestic smartphone shipments fell 30% YoY to ~86M units in the first four months of 2022 amid the resurgence of COVID-19 in China  —  From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world's biggest smartphone market
Maureen Dowd / New York Times:
Interview with Ted Sarandos about Netflix's recent share price plunge, backing Dave Chappelle's latest comedy special, Hollywood schadenfreude, and more  —  The Netflix executive says he — and the company he helped build — will survive a bout of bad earnings numbers.
Preetika Rana / Wall Street Journal:
YipitData: average Uber and Lyft fares in the US hit a record high in April, as they drew ~20% fewer riders and 35% fewer trips in Q1 2022 compared to Q1 2019  —  The companies are cutting costs, bringing back cheaper rides and looking for new ways to woo drivers
Sujith Somraaj / Decrypt:
As Terra blockchain reboots, freshly minted new LUNA tokens started trading on a number of exchanges and swiftly plummeted about 70% from the opening price  —  After peaking at $19.54 earlier on Saturday, it's been mostly downhill.  —  Terraform Labs early Saturday launched a new version …
Mike Masnick / Techdirt:
Latest AICO Act revisions are carveouts for telcos and financial companies and do not fix real problems with the bill, like a disguised content moderation ban  —  Look: there are very real issues with the state of the internet today, including the amount of power a few companies have.
Financial Times:
Sources: the Broadcom-VMware deal happened within two weeks; Broadcom CEO had switched his focus to software amid regulatory headwinds for semiconductor deals  —  Hock Tan and Michael Dell agreed industry-defining deal, codenamed ‘Project Atlas,’ within two weeks
Leonid Ragozin / Rest of World:
A profile of inDriver, a ride-hailing app developed in Siberia in 2012, which lets riders and drivers haggle over prices and is now available in 42 countries  —  InDriver's unique haggling feature has seen it expand from its roots in Yakutia to markets around the world.  —  • YAKUTSK, RUSSIA
Reuters:
A growing number of Chinese tech startups are going public in China at valuations lower than in their private rounds; STAR Market is down nearly 30% in 2022  —  A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China …
Kate Conger / New York Times:
In an April 4 letter, the SEC told Elon Musk it is probing his March purchases and disclosures of Twitter stock, and whether he was truly a “passive” investor

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:45 PM ET, May 29, 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.

From Mediagazer

Andrew Marchand / The Athletic:
Memo: ESPN's Jimmy Pitaro announces layoffs, mostly due to the NFL Network acquisition; sources: on-air personalities Karl Ravech and Ryan Clark are affected

MJ Franklin / New York Times:
How publishers are cashing in on surging public interest in The Odyssey through splashy reissues; Circana BookScan says sales of The Odyssey rose by 76% YoY

Winston Cho / The Hollywood Reporter:
In the temporary restraining order, a US judge says Paramount's anticipated 27% market share in theatrical distribution is likely to violate antitrust laws

More News

Kashmir Hill / New York Times:
Proctoring companies like Honorlock that track students' keystrokes and cursor movements during exams to prevent cheating allegedly punish normal behavior

Earlier Picks

Josh Eidelson / Bloomberg:
The CWA withdraws its bid for a union election next week for staff at an Atlanta Apple store, citing Apple's “sophisticated campaign to intimidate” and COVID-19
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