Techmeme
May 11, 2022, 2:55 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” …
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
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.
Google I/O:
Damien Wilde / 9to5Google:
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 …
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 …
Ryne Hager / Android Police:
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 …
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 …
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 …

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