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

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference  —  Stop preparing for agents.  Start running them.  100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
App Spotlight: Clean Contacts Pro 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

Sources:
Mark Zuckerberg on Muse, Meta's biggest AI bet yet
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Lenny's Podcast:
How we built Grok Bot in a month | Roman Ugarte (SpaceXAI)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Invest Like the Best:
Walter Russell Mead - How America Keeps Winning
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
The AI Race Has a Leaderboard | Arena CEO Anastasios Angelopoulos
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Big Technology Podcast:
GPT-6 & OpenAI's Comeback, Hugging Face Attack Debate, Ballmer's Scandalous Legacy
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.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
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 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