Techmeme
May 11, 2022, 2:10 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” …
Google I/O:
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.
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.
Stephen Shankland / CNET:
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 …
Tim Copeland / The Block:
Stacy-Marie Ishmael / Bloomberg:
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 …
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 …
Paul Kiernan / Wall Street Journal:
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 …
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.
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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