Techmeme
June 21, 2022, 12:50 AM

Top News

Yogita Khatri / The Block:
After suspending withdrawals on June 17, Babel Finance reaches “preliminary agreements on the repayment period of some debts”, helping ease liquidity pressure  —  - Babel Finance says it has reached “preliminary agreements” with major counterparties “on the repayment period of some debts.”
Celsius Blog:
After pausing withdrawals, Swap, and transfers last week, Celsius asks for more time to stabilize its liquidity and operations and halts Twitter Spaces and AMAs  —  It has been one week since we paused withdrawals, Swap, and transfers.  We want our community to know that our objective continues …
Bloomberg:
Adi Robertson / The Verge:
Mark Zuckerberg demos prototype VR headsets from Reality Labs, none of which will ship, that Meta refers to as “time machines” used to test one specific feature  —  Meta's Reality Labs division has revealed new prototypes in its roadmap toward lightweight, hyper-realistic virtual reality graphics.
David Gura / NPR:
FTX CEO Sam Bankman-Fried blames the Federal Reserve's decision to raise interest rates for 2022's crypto crash, resulting in an investor risk “recalibration”  —  Cryptocurrencies are going through a spectacular crash and the head of one of the largest crypto exchanges …
Emily Nicolle / Bloomberg:
Vishal Chawla / The Block:
Solend Labs, a “decentralized” lending protocol on Solana, overturns a controversial DAO vote to take over a whale's account that had deposited ~5.7M SOL  —  - Solend has invalidated yesterday's controversial DAO decision to take over its largest user account.
Joe Rossignol / MacRumors:
iOS 16, iPadOS 16, and macOS Ventura add an Automatic Verification option, letting iCloud users bypass CAPTCHAs on websites and in apps that support the feature  —  Tapping on images of traffic lights or deciphering squiggly text to prove you are human will soon be a much less common nuisance …
Financial Times:
NetEase delays Diablo Immortal's China release after the game's Weibo account alluded to Winnie the Pooh, a way to derisively refer to President Xi Jinping  —  Cartoon bear is often used to criticise President Xi Jinping and has been blacklisted by censors  —  Shares in NetEase dropped …
Nico Grant / New York Times:
Some SMB owners complain Google is ending its G Suite legacy free edition after over a decade on August 1, arguing the company lured them with a free service  —  Google is charging some small businesses for email and other apps after more than a decade of free use.  Business owners say Google is being callous.

Sponsor Posts

Command Line:
Cheap code, precious trust: Code modernization at scale  —  The promise—and challenges—of agentic software engineering, from large-scale code migration to language modernization.
Will Reed:
The best sales leaders aren't job hunting.  Here's how to reach them without months of cold outreach.  —  Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
Your Linkthread page just leveled up!  Better analytics, bolder designs, bigger teams.  —  Since we launched Linkthread in March 2025, over 10,000 businesses have signed up to make their one bio link work harder.
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

Cheeky Pint:
The airline CEO putting Starlink on every plane
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Invest Like the Best:
Cliff Sosin - Owning the Complements to Intelligence
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Big Technology Podcast:
Emergency Pod: Anthropic's S-1 IPO Filing — With Dan Primack
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.
The Talk Show With John Gruber:
'Lubricate the Inside of the Hinge', With Joanna Stern
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Lenny's Podcast:
An 86-minute guide to finding PMF | Rob Snyder (Author, The Power of Pull)
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.
Machine Gods:
Fired OpenAI Safety Researchers Speak Out + We Look Inside Pandora's Box
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
Subscribe to Machine Gods.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:50 AM ET, June 21, 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

ProPublica:

Earlier Picks

Dan Seifert / The Verge:
New York Times: