Techmeme
May 11, 2022, 4:00 PM

Top News

Kyle Bradshaw / 9to5Google:
Google Maps brings a new “immersive view”, a combination of Street View and aerial shots, for select cities and will let third-party apps use Live View's AR  —  At Google I/O 2022, the company unveiled improvements for Google Maps including a new “immersive view” …
Damien Wilde / 9to5Google:
Google Translate adds support for 24 additional languages, including regional dialects from India, South America, and Africa, used by 300M people  —  Google Translate has today confirmed support for a further 24 new languages and dialects on its online translation service.
Jay Peters / The Verge:
Sarah Perez / TechCrunch:
Brian Heater / TechCrunch:
Google says it will launch a Pixel Tablet coming in 2023, after quietly discontinuing its Pixel Slate last year  —  Offering a sneak preview of the Pixel 7 wasn't enough, so Google's really leaning in.  Today at I/O, the company announced that it's returning to the tablet business with a new device set for, get this, a 2023 launch.
Damien Wilde / 9to5Google:
Google unveils the $449 Pixel 6a, with its Tensor chip, 6.1" OLED screen, in-display fingerprint sensor, wide-angle and ultra-wide rear cameras, and more  —  During the annual I/O Developer conference Google has officially launched the affordably-focused Pixel 6a which acts as the entry-level model …
Andrew Romero / 9to5Google:
Google announces the Pixel Buds Pro, with ANC, pass-through, and spatial audio coming later in an OTA, available preorder on July 21 for $199  —  This year at Google I/O 2022, Google is focusing on bringing us brand-new hardware.  One product of this year's event is Google's new addition …
Abner Li / 9to5Google:
Google previews Pixel Watch, with a bulbous, round glass cover that curves all the way to the metal sides, Fitbit integration, clickable crown, coming this fall  —  At I/O 2022, Google finally confirmed that it's making the Pixel Watch.  That said, we only got a teaser as it's not coming until later this year.
Ryne Hager / Android Police:
Tim Copeland / The Block:
LUNA and the UST stablecoin continue to dive; LUNA dropped as low as $0.84, a ~97% slide in 24 hours, while UST dropped as low as $0.26, a ~70% fall in 24 hours  —  Quick Take  — The price of Luna has dropped 82% in the last 24 hours.  — Its related stablecoin UST has retreated …
CoinDesk:
Sources: Terraform Labs CEO Do Kwon pseudonymously co-founded Basis Cash, a failed algorithmic stablecoin set up in 2020 that peaked at $174M total value locked  —  Basis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees.
Tim Copeland / The Block:
As Luna crashes, Terra Analytics says ~152M LUNA tokens, or 30% of the circulating supply, are being staked, meaning many can't exit their position for weeks  —  Quick Take  — The price of Luna has dropped 93% in the last 24 hours.  — Those who have their Luna tokens staked …
Sami Fathi / MacRumors:
Kuo: Apple will ditch its proprietary Lightning port and switch to USB-C for the iPhone 15 in the second half of 2023, improving transfer and charging speeds  —  Apple will ditch its proprietary Lightning port and switch to USB-C on all or possibly some models of the iPhone 15 lineup destined …
James Vincent / The Verge:
The European Commission proposes regulation that would require tech companies to scan for CSAM and “grooming”, worrying privacy experts and threatening E2EE  —  The proposal has been called unworkable and invasive by privacy experts  —  The European Commission has proposed controversial …
Stephen Shankland / CNET:
Google adopts the 10-grade Monk Skin Tone Scale to teach diversity to its AI, replacing the six-tone Fitzpatrick Scale  —  You'll notice the Monk Skin Tone Scale in beauty related searches, but Google is also building it deeply into its AI infrastructure, it says at Google I/O.  —  Stephen Shankland
Bloomberg:
SEC chair Gary Gensler says crypto exchanges are “commingling” services, which is not in clients' best interest, and notes their ties to popular stablecoins  —  Gary Gensler is ratcheting up his criticism of digital-asset exchanges, arguing that some platforms are shirking rules …
Sara Fischer / Axios:
In a first, Meta withdraws its policy guidance request from the Oversight Board about Russia's invasion of Ukraine, over “ongoing safety and security concerns”  —  Facebook-parent Meta on Wednesday said it would be withdrawing its earlier request for policy guidance …
MacKenzie Sigalos / CNBC:
Coinbase drops 30%+ after reporting $1.2B net revenue in Q1, down from $1.6B YoY, 9.2M MTUs, up from 6.1M YoY, and $309B trading volume, down from $335B YoY  —  - Coinbase reported first-quarter earnings after the bell on Tuesday.  — The earnings come amid a major sell-off across the crypto market.
Amy Feldman / Forbes:
Parker Conrad's HR software startup Rippling raises a $250M Series D led by Kleiner and Bedrock at an $11.25B valuation, bringing its total funding to $700M  —  “I don't think Silicon Valley has ever seen a comeback like this before.”  —  Parker Conrad is fully back.

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