Techmeme
June 21, 2022, 5:15 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 …
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.
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 …
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.
Michelle Celarier / New York Magazine:
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.
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 …

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Featured Podcasts

Cheeky Pint:
The world of voice AI, with Mati Staniszewski of ElevenLabs
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Invest Like the Best:
Scott Nolan - SpaceX, Founders Fund, and Rebuilding American Uranium Enrichment
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Channels with Peter Kafka:
Ronan Farrow and Andrew Marantz on Sam Altman's Trust Problem
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Acquired:
Ferrari
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
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Lenny's Podcast:
Hard truths about building in the AI era | Keith Rabois (Khosla Ventures)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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.
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