Techmeme
June 13, 2022, 7:50 PM

Top News

Brandy Betz / CoinDesk:
Celsius:
DeFi lending platform Celsius pauses “all withdrawals, Swap, and transfers between accounts”, due to “extreme market conditions” and citing its Terms of Use  —  We are writing with a very important message for our community.  —  Due to extreme market conditions …
More: tether.to, CoinDesk, Attack of the 50 Foot …, Decrypt, CNBC, Blockworks, The Block, The Verge, Bloomberg, Australian Financial Review, Bloomberg, Metaverse Post, The Register, Cointelegraph, Watcher Guru, Financial Times, Bitcoin Magazine, The Guardian, Bitcoin Magazine PRO, stego crypto, Reuters, The Logic, Quartz, ExtremeTech, CoinJournal, Input, crypto.news, Axios, CoinQuora, Crypto's Newsletter, GamesTX, Bitcoinist.com, American Banker, web3lunch, Politico, SiliconANGLE, HotHardware.com News, Defillama round-up🦙, Coinspeaker, Crowdfund Insider, CoinGeek, Myth of Money, Bitcoin News, Engadget, Heretic Speculator, The Economic Times, The Daily Hodl, Cryptopolitan, Mashable, Web3 Digest, The Crypto Lobby, CAP News, Crypto Briefing, CryptoGlobe, Newslit Daily, Fast Company, Crunchbase News, and TheStreet
Bloomberg:
Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 16%+ to ~$23K, ether drops 18%+ to ~$1.2K, and Solana drops 16%+ to ~$28  —  Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through global risk assets.
Matt Turner / Bloomberg:
As cryptocurrencies tumble, MicroStrategy, which owns 129K+ bitcoins, drops up to 28%; Coinbase, Riot Blockchain, and Marathon Digital each drop as far as 15%+  —  Cryptocurrency-related stocks plunged on Monday as Bitcoin tumbled to its lowest level in 18 months amid a deepening selloff …
Gary Marcus / The Road to AI We Can Trust:
Despite differences within the AI community, pretty much all AI experts find the notion that Google's LaMDA might be sentient completely ridiculous  —  No, LaMDA is not sentient.  Not even slightly. … Blaise Aguera y Arcas, polymath, novelist, and Google VP, has a way with words.
New York Times:
Microsoft and the CWA union announce a deal that would make it easier for Activision Blizzard's ~7,000 US employees to unionize after the acquisition closes  —  The accord could ease the path for thousands of workers to unionize at the game company Microsoft is acquiring and addresses an antitrust objection.
Sarah Lord / CNET:
Amazon plans to test drone deliveries in Lockeford, California, after receiving FAA approval to service the town, for products ordered through Amazon Prime Air  —  The service will be called Prime Air and will use drones with sense-and-avoid systems to deliver packages safely.  —  Sarah Lord
Tom Warren / The Verge:
Microsoft updates Teams to improve echo cancellation and room acoustics on calls using ML models, resulting in less clipping when callers interrupt each other  —  Your Teams calls should sound a lot better  —  Microsoft has spent the past two years adding flashy new productivity features to Teams …
Muyao Shen / Bloomberg:
A look at Ethereum staking service Lido Finance, which holds 4M+ ETH or 32% of the total staked, raising centralization-related security concerns about Eth2  —  A cryptocurrency project touted as helping to democratize the Ethereum blockchain is coming under criticism for potentially taking …

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
Fixing collaboration friction : Why collaboration feels hard and how Zoho Workplace fixes it  —  It's never been easier to work together.  Right now, your team can co-edit a document in real time …
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

Access:
The billionaire paying AI researchers to stay out of Big Tech
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
The Nick, Dick and Paul Show:
The Race to the Middle
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.
Great Chat:
After you ring the bell
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.
Big Technology Podcast:
AI Fact or Fiction: The Fable Ban, Tokenmaxxing, Saaspocolypse — With Ara Kharazian
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
'Hard Fork' Live Part 2: Dylan Field on Standing Out in the A.I. Era
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.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
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 7:50 PM ET, June 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

Tage Kene-Okafor / TechCrunch:

Earlier Picks