| Joanna Ossinger / Bloomberg: |
After UST's collapse, most rival algorithmic stablecoins are below the dollar peg; Tether and USDC, the two largest, are mostly holding their dollar peg — Stablecoins besides TerraUSD are failing to live up to their billing as the collapse of the algorithmic token has investors pondering … | Andrew Rummer / The Block: |
Tether, the largest stablecoin, briefly drops to a 24-hour low of $0.96; Finance USD and USDC are trading at $1.08 and $1.09, respectively — Quick Take — Tether dropped below $0.96 on Thursday morning. — The stablecoin is designed to keep a constant peg with the dollar.| David Yaffe-Bellany / New York Times: |
Bitcoin price fluctuations increasingly mirror the broader tech stock market, as the recent downturn shows, belying its allure as a hedge against inflation — The cryptocurrency's plunging value has mirrored losses in the Nasdaq, a benchmark that's weighted toward tech stocks.| CoinDesk: |
| Ryan Browne / CNBC: |
| Kyle Bradshaw / 9to5Google: |
Google updates Maps with an “immersive view”, which combines 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: |
| Sarah Perez / TechCrunch: |
| Financial Times: |
Brian Armstrong says there's “no risk of bankruptcy” after Coinbase said in its filing that its users might lose all their crypto if the exchange goes bankrupt — Shares in crypto exchange fall 23% after bleak results and new risk disclosure — Shares in cryptocurrency exchange … | Adi Robertson / The Verge: |
A US appeals court rules 2-1 to let Texas enforce a social media law stopping Twitter, Facebook, and other services with 50M+ users from moderating content — A judge blocked a similar law in Florida on First Amendment grounds — The controversial Texas social media law HB 20 … | Paul Hill / Neowin: |
Google releases Android 13 Beta 2 with finer privacy controls, an improved Material You theme system, the ability to change the language of each app, and more — At its Google I/O event on Wednesday, Google released the second beta of Android 13. The search giant highlighted several … | Ben Schoon / 9to5Google: |
| Crystal Tse / Bloomberg: |
Sources: Instacart confidentially filed documents for an IPO, which could happen as soon as 2022, though the timing could slip or the startup could stay private — Instacart Inc., the grocery delivery platform, has confidentially filed documents for an initial public offering, according to people with knowledge of the matter.| Damien Wilde / 9to5Google: |
Google unveils the $449 Pixel 6a, with its Tensor chip, 6.1" OLED screen, in-display fingerprint sensor, 12.2MP wide and 12MP ultra-wide rear cameras, and more — During the annual I/O Developer conference Google has officially launched the affordably-focused Pixel 6a which acts … | Jay Peters / The Verge: |
After mocking Apple for removing the iPhone headphone jack in an August 2021 ad for the Pixel 5a, Google quietly removes the headphone jack on the Pixel 6a — The Pixel 6A offers a lot of good features, but not a headphone jack — Google just revealed the Pixel 6A at Google I/O on Wednesday … | Brian Heater / TechCrunch: |
Google plans to launch an Android-based Pixel Tablet in 2023, with speakers and a rear camera, after killing its Chrome OS-based Pixel Slate in February 2021 — Offering a sneak preview of the Pixel 7 wasn't enough, so Google's really leaning in. Today at I/O, the company announced … | Daisuke Wakabayashi / New York Times: |
Google I/O presented a modest vision of the future, offering subtle changes to existing products; executives said “help”, “helping”, or “helpful” over 50 times — Artificial intelligence is being woven into an array of the company's products.| David Pierce / The Verge: |
| Abner Li / 9to5Google: |
Google unveils the Pixel Watch with a round glass cover that curves all the way to the metal sides, Fitbit integration, and a 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.| Jay Peters / The Verge: |
Twitter launches Data Dash, a browser game intended to help explain some of its privacy settings, as part of a bigger push around its rewritten privacy policy — Avoid ads and trolls in Twitter Data Dash — Twitter released a new browser game on Wednesday that's intended to help explain some of its privacy settings.| Andrew Romero / 9to5Google: |
Google announces the Pixel Buds Pro with ANC, pass-through, and spatial audio coming later in 2022 via an OTA update, available for 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 … | Sam Nussey / Reuters: |
SoftBank reports a $26.2B full year loss for its Vision Fund unit, leading the group to a $13.15B annual net loss, as stocks decline and inflation rises — SoftBank Group Corp (9984.T) reported on Thursday a record loss of $26.2 billion at its Vision Fund unit as the tech conglomerate's portfolio … | Katie Paul / Reuters: |
Andrew Bosworth told Reality Labs staff that Meta plans to cut or delay some projects and details will come within a week; Meta says there won't be layoffs — Facebook-owner Meta Platforms Inc (FB.O) is preparing cutbacks in its Reality Labs division, a strategic unit at the center …
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| Alex Weprin / The Hollywood Reporter: |
| Makena Kelly / The Verge: |
| Stephen Shankland / CNET: |
| Sara Fischer / Axios: |