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May 11, 2022, 1:50 PM
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WeSmirchTop News
| 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 …
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TechCrunch, Terra Research Forum, SiliconANGLE, The Guardian, The Block, VICE, Bloomberg, Decrypt, The Block, Bitcoin News, TechCrunch, CryptoPotato, CNBC, Vlad's dorky crypto newsletter, Wall Street Journal, Fortune, Decrypt, Fortune, CoinDesk, and CoinDesk
Tweets: @stablekwon, @johnbrownlow, @katie_martin_fx, @justinsuntron, @darrenlautf, @stablekwon, @terrabitespod, @novogratz, @galois_capital, @laurashin, @cdixon, @davidgerard, @altcoinpsycho, @fintechintern, @stablekwon, @meatspacemaxima, @thestalwart, @loopifyyy, @kylesamani, @levie, @alexhern, @mikealfred, @pythianism, @malwaretechblog, @lawmaster, @mhonkasalo, @themooncarl, @hasufl, @buccocapital, @davidshares, @stablekwon, @twobitidiot, @justinsuntron, @speicherx, @davincij15, @thestalwart, @glimmerycoin, @epolynya, @lomahcrypto, @0x_emperor, @rj_killmex, @cz_binance, @algodtrading, @ryansadams, @emilyjnicolle, @mdudas, @0xmisaka, @terra_money, @0xsisyphus, @twobitidiot, @cobie, @chubbicorn219, @safetyth1rd, @emperorbtc, @0x_b1, @ryansadams, @thecryptolark, @saylor, @thinkingusd, @bongcapital, @web3isgreat, @thestalwart, @trustlessstate, @xrpcryptowolf, @twobitidiot, @tradebutwhy, @scooterxbt, @stacyherbert, @punk6529, @lsukernik, @beniaminmincu, @petermccormack, @ryansadams, @whalepanda, @adamsinger, @bennetttomlin, @punk6529, @altcoinpsycho, @thecryptodog, @ksicrypto, @cwarzel, and @adam3us
| 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.
More:
The Block, Crypto Briefing, and Sam's Crypto Musings
Tweets: @iamdcinvestor, @sobylife, @devchart, and @fintechfrank
| Tim Copeland / The Block: |
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Ethereum World News. Tweets: @lawmaster, @drodriguezfx, @xbenjamminx, @fomomental, @xbenjamminx, @biancoresearch, and @misinterpreth
| Stacy-Marie Ishmael / Bloomberg: |
More:
Today in Tabs, CoinDesk, The Block, Market Meditations, Something Interesting, Wolf's Newsletter, CryptoSlate, CoinGeek, Blog Tien So, LOL's Newsletter, CryptoPotato, and CoinJournal
Tweets: @stablekwon, @stablekwon, @stablekwon, @jason, @coindesk, @wublockchain, @livercoin, @raaleh, and @livercoin
| 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” …
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The Keyword, The Verge, XDA Developers, Engadget, Android Police, TechCrunch, MobileSyrup, and Pocket-lint
Tweets: @google, @rogerwcheng, @baxiabhishek, and @stshank
| 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.
More:
Google AI Blog, XDA Developers, Engadget, TechCrunch, Android Police, The Keyword, and The Verge
Tweets: @googleindia, @googleai, @google, @techcrunch, and @stshank
| The Verge: |
Live blog of the Google I/O keynote, where a new Pixel A-series smartphone, upgraded Pixel Buds, and a Pixel Watch are expected — Join us for all the news and announcements from Google's developer keynote — 2022's developer conference season is here, and, as usual, Google is the first of the major companies to host its event.| Sarah Perez / TechCrunch: |
Google unveils a multisearch “near me” option that lets users add pictures of products and then find local retailers and restaurants that may provide them — In April, Google introduced a new “multisearch” feature that offered a way to search the web using both text and images at the same time.
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Bloomberg, Engadget, The Verge, Search Engine Land, 9to5Google, and Android Police
| 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 …
Source:
@mingchikuo. More:
XDA Developers, Android Police, Gizmodo, AppleInsider, Macworld, Android Authority, Thurrott, iMore, ZDNet, CNET, PCMag, Digital Trends, Redmond Pie, BGR, Appleosophy, Tom's Guide, Mashable, KnowTechie, 9to5Mac, and iDownloadBlog.com
Tweets: @mingchikuo, @harrisonweber, @apple_tomorrow, @jeremyburge, @pt, @rauschma, @reneritchie, and @llsethj
| 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 …
Source:
European Commission. More:
dropsafe, Metacurity, TechCrunch, Euractiv, CNBC, Silicon Republic, Protocol, iThinkDifferent, Wired, Access Now, Politico, iMore, Bloomberg, AppleInsider, Phandroid, and MacRumors
Tweets: @matthew_d_green, @wcathcart, @matthew_d_green, @vmanancourt, @evacide, @matthew_d_green, @chrismessina, @alecmuffett, @sarahjamielewis, @jjvincent, @mattblaze, @matthew_d_green, @mmasnick, @mattblaze, @ylvajohansson, @jjvincent, @lukolejnik, @matthew_d_green, @mattblaze, @mattblaze, @aurasalla, @matthew_d_green, @matthew_d_green, @mattblaze, and @floorter
| 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.| 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 …
More:
CryptoPotato and Cryptonews
Tweets: @jeffjohnroberts, @jchervinsky, @bitfinexed, @smdiehl, @macroedge1, @defidefenselaw, and @dylanleclair_
| Paul Kiernan / Wall Street Journal: |
More:
Protocol, CryptoSlate, and Crypto Briefing
Tweets: @onchainwizard, @tier10k, @dogetoshi, @scottmelker, @csuram88, @wublockchain, @ohgodagirl, @asvanevik, and @boredgenius
| 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 … | Aisha Malik / TechCrunch: |
Twitter rolls out a new “Copypasta and Duplicate Content” policy to clarify how it combats spam and duplicative content, and what it considers to be a violation — Twitter announced today that it's rolling out a new “Copypasta and Duplicate Content” policy to clarify … | Jordan Crook / TechCrunch: |
Airbnb releases several updates, including searching by category, the ability to book two listings for stays over one week, and AirCover guest travel insurance — The company wants to get the world traveling again — Last year, Airbnb CEO Brian Chesky said that the single-biggest challenge …
More:
The Verge, Airbnb Newsroom, Engadget, TechCrunch, MobileSyrup, CNN, Protocol, TNW, Mashable, Fast Company, Bloomberg, CNBC, Financial Times, and skift.com
| Foo Yun Chee / Reuters: |
Google signs deals to pay 300+ outlets in Germany, France, Hungary, Austria, the Netherlands, and Ireland for news content and plans to roll out a sign-up tool — Alphabet (GOOGL.O) unit Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries … | 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.
Tweets: @realgenekim and @paulg
| Jay Peters / The Verge: |
YouTube starts testing Channel Memberships Gifting, letting users gift paid memberships to each other, with a small group of creators — It will be available at first for a small group of creators — YouTube is launching gifted memberships in beta, and they'll be available for select channels beginning Wednesday.| Leah Nylen / Bloomberg: |
Sources: DOJ antitrust chief Jonathan Kanter is barred from Google cases as the DOJ debates whether he must recuse himself after working for rivals like Yelp — The Justice Department's top antitrust official has been barred from working on monopoly investigations of Alphabet Inc.'s Google …
Tweets: @revolvingdoordc and @matthewamiller
| Paul Sawers / VentureBeat: |
Reno-based CIQ, which develops Rocky Linux, an open-source CentOS-successor Linux distribution, raises a $26M Series A led by Two Bear Capital — Sign up here. — CIQ, a company that's setting out to commercialize a new open-source Linux distribution and CentOS-successor called Rocky Linux …
More:
The Register, FinSMEs, HPCwire, and PR Newswire
| Matt Schifrin / Forbes: |
Chicken Soup for the Soul Entertainment plans to acquire DVD rental and streaming company Redbox Entertainment for $375M in an all-stock deal — New! Click on the conversation bubble to join the conversation Got it! — Among buggy whip businesses, Redbox Entertainment (RDBX) … | Dean Takahashi / VentureBeat: |
Unity Software's stock falls 35%+ amid the company's $1.35B to $1.425B full-year revenue guidance, below its earlier estimate of $1.485B to $1.50B — Unity's stock price fell 28% in after-hours trading after the company reported earnings that met analyst expectations but fell short on the outlook.
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MarketWatch
| Bloomberg: |
Helsinki-based Aiven, whose tools help developers using open-source tech to manage data, raises a $210M Series D led by Eurazeo at a $3B pre-money valuation — Finnish software startup Aiven has raised $210 million of new funding, giving the company cash to expand abroad and hire developers.Thanks:@ivanlevingston
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