Techmeme
June 13, 2022, 2:20 PM

Top News

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, CNBC, Bloomberg, Wall Street Journal, Australian Financial Review, Crunchbase News, New York Times, CoinDesk, HotHardware.com News, The Verge, TheStreet, The Block, The Block, Finbold, American Banker, Cointelegraph, ExtremeTech, Politico, Reuters, GamesTX, web3lunch, CoinQuora, CryptoGlobe, Engadget, The Guardian, CryptoSlate, Input, Bloomberg, Bitcoin Magazine, CoinJournal, Mashable, Axios, The Economic Times, CoinGeek, Blockworks, Fast Company, CoinGape, crypto.news, Crypto Adventure, Coinpedia, Meer of Mynder, CryptoPotato, Cryptonews, Crypto's Newsletter, Ethereum World News, Bitcoinist.com, Blockchain News, Fortune, TechSpot, Defillama round-up🦙, Coinspeaker, Protos, Crowdfund Insider, Off to Lunch, Bitcoin News, Tech in Asia, Cryptopolitan, The Crypto Lobby, Crypto Briefing, Newslit Daily, TechCrunch, Decrypt, Micky, and QTR's Fringe Finance
Brandy Betz / CoinDesk:
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 …
Daniel Roberts / Decrypt:
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.
Tom Warren / The Verge:
Microsoft releases an update to Teams that uses AI to reduce echo and interruptions while improving acoustics  —  Your Teams calls should sound a lot better  —  Microsoft has spent the past two years adding flashy new productivity features to Teams, and now the company is overhauling how the fundamentals work thanks to AI.
Sarah Lord / CNET:
Amazon plans to begin testing drone deliveries in Lockeford, California, after receiving FAA approval, for products ordered through Amazon Air  —  The service will be called Prime Air and will use drones with sense-and-avoid systems to deliver packages safely.  —  Sarah Lord
New York Times:
Microsoft and CWA union announce a deal that will make it easier for Activision Blizzard's ~7,000 US employees to unionize after Microsoft's 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.
Molly White:
A skeptical look at crypto as a foundation for self-sovereign identity and some likely dystopian outcomes, as Buterin, Dorsey, and others explore the idea  —  Anonymity and trustlessness are central to the crypto world.  People don't have to attach real-world identities to crypto wallets …
Corin Faife / The Verge:
A look at the growing disparities between ad blocker browser extensions, as Google's Manifest V3 bans blocking via Web Request while Mozilla keeps supporting it  —  There's a growing split over how much room browsers should leave for ad blocking — and Chrome and Firefox have ended up on opposite sides of the fight.

Sponsor Posts

Opal:
Introducing Tadpole: the tiny webcam for laptops  —  With a mirrorless Sony sensor, directional microphone, and tap-to-mute feature, the Tadpole works with both Mac and PC and is the perfect webcam to take with you everywhere.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Cache:
Holding too much in one or two stocks?  —  Cache helps protect your hard-earned wealth.  Swap your stocks for a diversified fund without a giant tax bill.  Once for the ultra-wealthy, now available for you.
Zoho:
Introducing Zoho Apptics: The all-in-one application analytics solution  —  Today's hyper-connected world runs on the internet, where mobile apps dominate the majority of screen time.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
The Logan Bartlett Show:
EP 108: Olivier Pomel (CEO, Datadog) Shares Every Lesson From Scaling to $40B
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Fri. 06/14 - Now Microsoft Delays Recall
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 2:20 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

Earlier Picks