|
May 12, 2022, 5:15 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| Joanna Ossinger / Bloomberg: |
After UST's collapse, most rival algorithmic stablecoins are below their dollar peg; the biggest non-algorithmic stablecoins USDT and USDC are mostly holding — Stablecoins besides TerraUSD are failing to live up to their billing as the collapse of the algorithmic token has investors pondering …
More:
The Independent, The Block, CoinDesk, TechCrunch, Wall Street Journal, Cryptopolitan, بهر …, CoinJournal, The Block, CNBC, VICE, Bloomberg, Web3 is going just great, Washington Post, and Tech Monitor
Tweets: @stablekwon, @terra_money, @johnbrownlow, @ariadneconill, @molly0xfff, @lukeisamazing, @kadhim, @mskidchaos, @traderkoz, @jerallaire, @lawmaster, @sbf_ftx, @jemgold_, @katie_martin_fx, @nkulw, @zhusu, @bramcohen, @alexhern, @rekthq, @lawmaster, @tautologicaly, @carnage4life, @lhm1, @sbf_ftx, @kadhim, @macnbtc, @lubchansky, @carnage4life, @lawmaster, @sbf_ftx, @barrysilbert, @thestalwart, @trustlessstate, @timccopeland, @parismarx, @unusual_whales, and @lawmaster
| Tim Copeland / The Block: |
Terraform Labs resumes Terra block production, with staking disabled, after halting the blockchain “to prevent governance attacks” following LUNA's collapse — Quick Take — Terraform Labs has said the Terra blockchain has been halted. — This is due to concerns …
Source:
@terra_money. More:
Bloomberg, The Verge, Decrypt, Decrypt, Protocol, Blockworks, Cointelegraph, Decrypt, CoinDesk, Market Meditations, and Web3 is going just great
| Shaurya Malwa / CoinDesk: |
Terra's LUNA drops to $0.01, a 99%+ decline in 24 hours, down from $60 earlier this week and $120 in mid-April, after Terra's UST stablecoin lost its dollar peg — LUNA tokens lost 96% in the past 24 hours alone, prompting more to be minted in a mechanism that helped lift the UST price.
More:
Terra Research Forum, Bloomberg, and Financial Times
Tweets: @paoloardoino, @cobie, @profjeffjarviss, @ojuice_eth, @kantrowitz, @atari_buzzk1ll, @mtsw, @iamlluciana, and @cobie
| Financial Times: |
Tether CTO Paolo Ardoino declines to reveal details about the company's $40B US government bond holdings, for fear of revealing its “secret sauce” — Token's tech chief declines to provide details on Treasury holdings on fear of revealing ‘secret sauce’
More:
tether.to, MarketWatch, CNBC, CoinDesk, Bloomberg, Fortune, The Economic Times, and Reuters
| @kayvz: |
[Thread] Twitter product chief Kayvon Beykpour says he is leaving at the request of CEO Parag Agrawal, who wants to “take the team in a different direction” — Interrupting my paternity leave to share some final @twitter-related news: I'm leaving the company after over 7 years.
More:
Financial Times, The Verge, TechCrunch, CNN, Associated Press, NBC News, Washington Post, Wall Street Journal, Variety, and iPhone in Canada Blog
Tweets: @kayvz, @caseynewton, @boo, @mikeisaac, @kayvz, @alex, @rmac18, @reckless, @sal19, @kayvz, @nickstatt, @kurtwagner8, @caseynewton, @samsheffer, @caseynewton, @carnage4life, @karaswisher, @film_girl, @kantrowitz, @jess, @willoremus, @chadloder, @willoremus, @mikeisaac, @reckless, @meganmorrone, @willoremus, and @kantrowitz
| Bloomberg: |
In a memo, Twitter CEO Parag Agrawal announces a hiring freeze and other cost-cutting efforts; VP of product Jay Sullivan will take over as head of product — Twitter Inc. Chief Executive Officer Parag Agrawal announced a hiring freeze and other cost-cutting efforts on Thursday …
More:
The Verge, New York Times, Gizmodo, Fox Business, Insider, Engadget, The Guardian, Protocol, CNET, The Hill, PCMag, and CNBC
Tweets: @boo, @jordanzakarin, @boo, @w7voa, @ericajoy, @kantrowitz, @sarthakgh, @gossithedog, and @willoremus
| Ryan Browne / CNBC: |
Bitcoin fell below $26K for the first time since December 2020, down 20%+ in a week; ether fell to $1,704, its lowest level since July 2021, down 30%+ in a week — - The price of bitcoin plunged below $26,000 on Thursday, hitting its lowest level in 16 months.| David Yaffe-Bellany / New York Times: |
More:
CoinJournal. Tweets: @saylor, @nntaleb, @tedtalksmacro, @charlesarthur, @flitteronfraud, and @alfonslopeztena
| David Pierce / The Verge: |
A look at Google's “ambient computing” strategy, a bid to unify its disparate hardware lines, led by the Pixel team, while keeping its Android partners happy — Making ambient computing happen is forcing Google to change how it does everything — The story of this year's Google I/O actually started three years ago.| Scott Stein / CNET: |
Mark Zuckerberg demoes mixed reality on Meta's Project Cambria headset; Meta will enable MR app development for Quest 2 and Cambria via its Presence Platform — A demo of Meta Cambria demonstrates how it blends AR and VR, while Quest 2 headsets could be used to develop apps in the meantime.
Source:
Facebook. More:
YouTube, UploadVR, Protocol, Android Central, SiliconANGLE, Input, TechCrunch, PCMag, TechEBlog, Road to VR, Engadget, TechRadar, The Verge, and Mashable
Tweets: @sadlyitsbradley, @metanewsroom, @ricmac, @boztank, @jetscott, @boztank, @nickstatt, @boztank, and @vr_sam
| Lauren Feiner / CNBC: |
Twitter's stock closes at $45.08, dropping the company's market cap to $9B below Elon Musk's purchase price of $54.20, amid investors' concerns about the deal — - Twitter shares have fallen to about $46, well below Elon Musk's purchase price of $54.20. — The sell-off has created …
Tweets: @kantrowitz, @levynews, and @jyarow
| Lucas Matney / TechCrunch: |
Ex-Facebook crypto chief David Marcus launches Lightspark, a payments startup building on Bitcoin's Lightning network, backed by a16z, Paradigm, and others — After his departure from Facebook in November, many crypto industry insiders speculated where long-time executive David Marcus would land.
More:
Andreessen Horowitz, The Block, Protocol, Bitcoin Magazine, and Matrix Partners Viewpoints
Tweets: @spiritofbitcoin, @smtuffy, @sriramk, @mikeisaac, @kantrowitz, @thestalwart, and @mikeisaac
| Jay Peters / The Verge: |
After mocking Apple for removing the iPhone's headphone jack in an August 2021 ad for the Pixel 5a, Google quietly drops the headphone jack with 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 …
More:
Insider, The Keyword, Android Authority, Philip Elmer‑DeWitt, iMore, Wccftech, Redmond Pie, and iPhone in Canada Blog
Tweets: @chriswelch, @starfire2258, @jaypeters, @_gbalaji, and @glynmoody
| Veronica Irwin / Protocol: |
Masayoshi Son says SoftBank will be cutting its startup investments by 50-75% through March 2023, after its Vision Fund unit reported a full-year loss of $20B+ — Japanese conglomerate SoftBank is severely cutting its planned startup investments through next March, Chief Executive Masayoshi Son said in a Thursday earnings call.
More:
Crunchbase News
| Sam Nussey / Reuters: |
More:
Crunchbase News, TechCrunch, New York Times, Moneycontrol, San Francisco Business Journal, Financial Times, Wall Street Journal, and Bloomberg
Tweets: @birdyword, @madhavchanchani, and @birdyword
| Thomas Stackpole / HBR.org: |
A Q&A with crypto skeptic Molly White, who runs Web3 Is Going Just Great, on Web3's problems, cultural draw, privacy and potential harassment issues, and more — Welcome to Web3 — What Is Web3? — Why Blockchain's Ethical Stakes Are So High Web3 Will Run on Cryptocurrency What a DAO Can — and Can't — Do
Tweets: @molly0xfff, @theburningmonk, @marcprecipice, @morganricks1, @carnage4life, @ahcastor, @gergelyorosz, and @molly0xfff
| Washington Post: |
Interviews with 17 Hollywood insiders reveal that celebrities view Twitter as a high-risk, low-reward platform, and why Musk's ownership might make it worse — Elon Musk was right that Twitter's most popular accounts have gone quieter over the years. Hollywood insiders explain what happened …
Tweets: @taylorlorenz, @mattnavarra, @willoremus, @karissabe, and @triketora
| Financial Times: |
Coinbase CEO Brian Armstrong says there's “no risk of bankruptcy” after a company filing said that users could lose all their crypto in “bankruptcy proceedings” — Shares in crypto exchange fall 23% after bleak results and new risk disclosure
Source:
@brian_armstrong. More:
Insider, The Verge, Cointelegraph, Coinspeaker, KnowTechie, Newser, and HotHardware.com News
Tweets: @sophiamzaller, @ericjackson, @malwarejake, @jac5connor, @zquestz, @johnhopebryant, @midwesthedgie, @takarasmall, @davidgerard, @jonst0kes, @andrewscurria, @lesliepicker, @caseynewton, @readdanwrite, @dgolumbia, @jentaub, @nkulw, @carlquintanilla, @mikebelshe, @bambroughkevin, @autismcapital, and @teroterotero
| Scott Stein / CNET: |
A Q&A with James Park, Fitbit's co-founder and Google's wearables division head, on how the Pixel Watch factors into Fitbit and its future plans, and more — James Park talks to CNET about the Google Pixel Watch, and where Fitbit's vision goes from here. — Scott Stein
More:
The Keyword, The Verge, Softpedia News, The Shortcut, Insider, and TechRadar
| Lauren Kaori Gurley / VICE: |
Leaked memo: Apple is sending anti-union talking points to US retail store leaders, including that workers could lose “flexibility” and merit-based promotions — Apple is instructing managers to tell retail workers that they could lose benefits and career opportunities if they unionize.
More:
9to5Mac. Tweets: @motherboard, @audreyjcarleton, @lorenzofb, @carlquintanilla, @katiedrumm, @jason_koebler, and @laurenkgurley
| Frederic Lardinois / TechCrunch: |
Google and Samsung announce Health Connect, an initiative to simplify connectivity between health and fitness apps and let users share their data across apps — At its Google I/O developer conference, Google and Samsung today announced Health Connect, a new initiative that will simplify …
More:
Android Developers Blog, Sammy Fans, PhoneArena, and Android Headlines
| Paul Hill / Neowin: |
Google releases Android 13 Beta 2 with finer privacy controls, an improved Material You theming 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 …
More:
The Keyword, Android Developers, Engadget, and Macworld
| Reuters: |
Foxconn reports Q1 net profit rose 5% YoY to ~$985M but warns Q2 revenue could slip due to rising inflation, cooling demand, and escalating supply chain issues — Shovel and FoxConn logo are seen before the arrival of U.S. President Donald Trump for the Foxconn Technology Group groundbreaking ceremony …
| Yueqi Yang / Bloomberg: |
Coinbase's market cap is down to ~$12.5B from a $75B+ peak in 2021; its share price now is ~$58, far below its first-day closing price of $328.28 last April — Coinbase Global Inc. has declined precipitously this year, largely mimicking the drop in Bitcoin prices and taking its market value … Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Cloudflare Connect 2026: The Agentic Conference — Stop preparing for agents. Start running them. 100+ sessions, workshops, and speakers from OpenAI, Arm, and Cloudflare across AI, security, and performance.
Zoho:
Pro Tips: 4 tips to overcome data problems in your CRM — Most CRM data problems don't look like problems. At a glance, your CRM looks fine: records exist, fields are filled, and reports run.
Pro Tips: 4 tips to overcome data problems in your CRM — Most CRM data problems don't look like problems. At a glance, your CRM looks fine: records exist, fields are filled, and reports run.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Channels with Peter Kafka:
Meta's New $1300 Glasses and the Fight to Control AI
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Great Chat:
Doomers at Dreamforce
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
YouTube CEO Neal Mohan: Why We're Betting On AI And Not Afraid Of It
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Sources:
Marc Benioff on the AI boom, SaaSpocalypse, and future of Slack
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Invest Like the Best:
Gabe Stengel - Building Investing Superintelligence
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
Inside the AI Startup Making Customer Support 65% Cheaper
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 5:15 PM ET, May 12, 2022.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
From Mediagazer
Michael M. Grynbaum / New York Times:Todd Spangler / Variety:
Wall Street Journal:
Upcoming Tech Events
Earlier Picks
| Jay Peters / The Verge: |
More:
Twitter, privacy.twitter.com, MSPoweruser, Pocket-lint, Silicon Republic, Mashable, and TechCircle
Tweets: @twittersafety, @lizmhull, @mmasnick, and @rkmac
| Adi Robertson / The Verge: |
More:
Techdirt, Electronic Frontier Foundation, Vox, Ars Technica, Protocol, The Register, Gizmodo, TechFreedom Weekly, and ExchangeWire.com
Tweets: @rmfifthcircuit, @b_fung, @mjs_dc, @wendyndavis, @daphnehk, @b_fung, @mmasnick, @mjs_dc, @mjs_dc, @popehat, @justinamash, @popehat, @mmasnick, @medialawprof, @b_fung, @popehat, and @dangillmor