|
May 12, 2022, 9:35 PM
|
Mediagazer
memeorandum
WeSmirchTop News
| 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, Decrypt, CoinDesk, Cointelegraph, The Verge, Decrypt, Bitcoin Magazine, CoinDesk, Market Meditations, and Web3 is going just great
| 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, Wall Street Journal, CNBC, CoinDesk, TechCrunch, Bankless, Cointelegraph, Bloomberg, Web3 is going just great, VICE, and kyla's Newsletter
Tweets: @stablekwon, @terra_money, @johnbrownlow, @stablekwon, @ariadneconill, @molly0xfff, @lukeisamazing, @mskidchaos, @traderkoz, @kadhim, @jerallaire, @jqt_galaxe, @stablekwon, @davidgerard, @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, @lawmaster, @asvanevik, and @crypto
| 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, @ojuice_eth, @kantrowitz, @atari_buzzk1ll, @profjeffjarviss, @mtsw, @iamlluciana, @cobie, 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, CNBC, Life in the 21st Century, Bloomberg, MarketWatch, and The Economic Times
| @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, Platformer, New York Times, TechCrunch, MobileSyrup, and Variety
Tweets: @kayvz, @caseynewton, @boo, @mikeisaac, @kayvz, @kimmasters, @kayvz, @alex, @rmac18, @reckless, @sal19, @kayvz, @nickstatt, @kurtwagner8, @caseynewton, @samsheffer, @caseynewton, @carnage4life, @karaswisher, @film_girl, @kantrowitz, @jess, @willoremus, @_dml, @chadloder, @willoremus, @karaswisher, @mikeisaac, @financialtimes, @lindseyboylan, @thauburger, @reckless, @meganmorrone, @willoremus, @kantrowitz, @katies, @carnage4life, @caseynewton, @jessicalessin, and @kvlly
| 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:
New York Times, The Verge, Fox Business, Engadget, Gizmodo, Android Headlines, The Guardian, and CNBC
Tweets: @boo, @boo, @jordanzakarin, @oneunderscore__, @w7voa, @ericajoy, @kantrowitz, @sarthakgh, @gossithedog, and @willoremus
| Veronica Irwin / Protocol: |
Masayoshi Son says SoftBank plans to cut its startup investments by 50%-75% through March 2023, after Vision Fund reported a $20B+ loss for its fiscal year — Japanese conglomerate SoftBank is severely cutting its planned startup investments through next March, Chief Executive Masayoshi Son said in a Thursday earnings call.| Sam Nussey / Reuters: |
| 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, Bloomberg, CoinDesk, Matrix Partners Viewpoints, Finextra, and Crypto Briefing
Tweets: @davidmarcus, @colum, @bullyesq, @fehrsam, @jack, @sriramk, @ravmike, @aaronwise5147, @davidmarcus, @davidmarcus, @mikeisaac, @sriramk, @kantrowitz, @spiritofbitcoin, @mikeisaac, @smtuffy, and @thestalwart
| Lora Kolodny / CNBC: |
In an email, Jason Calacanis says he is “collecting interest to invest in Twitter” as part of Elon Musk's buyout; the minimum investment to participate is $250K — - Jason Calacanis, who's known for early bets on companies like Uber and Robinhood, is pulling together funds …
Tweets: @lorakolodny
| 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: @theeashleyray, @whereisdaz, @kantrowitz, @lisakayhawes, @nickmartin, @mattnavarra, @karissabe, @triketora, @taylorlorenz, 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, @tedtalksmacro, @hkanji, @charlesarthur, @flitteronfraud, @nntaleb, @alfonslopeztena, @jamesgleick, and @brentnyt
| Scott Stein / CNET: |
Mark Zuckerberg demos 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, Protocol, NBC News, Android Central, Digit, The Verge, Нов …, UploadVR, TechEBlog, Engadget, Road to VR, SiliconANGLE, Mashable, and PCMag
Tweets: @meta, @sadlyitsbradley, @metanewsroom, @rengle820, @boztank, @technogoy, @ricmac, @boztank, @ryborggaming, @jetscott, @lucasmtny, @javierdavalos, @kentbye, @robertjala, @bmfshow, @kentbye, @boztank, @sadlyitsbradley, @ahangarzadeh, @vr_oasis, @cixliv, @jonnyj17, @samred, @yuanruby, @kentbye, @nickstatt, @lisperati, @blakedgross, @vr_sam, @tidefallcapital, and @leaper81
| Yueqi Yang / Bloomberg: |
Coinbase's market cap falls to $12.98B from a $75B+ peak in 2021 as its stock closes at $58.50, far below its first day closing price of $328.28 in April 2021 — Coinbase Global Inc. has declined precipitously this year, largely mimicking the drop in Bitcoin prices and taking its market value …
More:
Decrypt, The Tokenist, and Associated Press
| Financial Times: |
Source:
@brian_armstrong. More:
The Register, CNN, The Coinbase Blog, Cointelegraph, Insider, and KnowTechie
| Tanaya Macheel / CNBC: |
SEC filing: FTX CEO Sam Bankman-Fried bought a 7.6% stake, worth $648M, in Robinhood, calling it “an attractive investment”; stock jumps 20%+ after hours — Sam Bankman-Fried, the CEO of crypto exchange FTX, has taken a 7.6% stake in Robinhood, according to a Thursday filing with the Securities and Exchange Commission.
More:
CoinDesk, Reuters, Decrypt, Bloomberg, Associated Press, Crowdfund Insider, Fortune, MarketWatch, Benzinga, The Block, Wall Street Journal, and Financial Times. Tweets: @epro
| Mahira Dayal / The Information: |
PitchBook: 16 new VC funds with 60%+ female decision makers have raised $4.5B from January to April 2022; women-led funds raised $3.7B in 2021 and $1.8B in 2020 — For years, women-led venture capital funds were the true Silicon Valley unicorns, a rarity in a sector where the vast majority of check writers are men.| 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:
The Verge, Bloomberg, YouTube, AppleInsider, and 9to5Mac
| 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.Sponsor Posts
Comprehensive.io:
Browse salary data from 3,000 startups for free — Click for FREE, immediate access to real-time compensation benchmarking data. Paid version helps HR automate comp reviews and communicate total compensation to employees.
Browse salary data from 3,000 startups for free — Click for FREE, immediate access to real-time compensation benchmarking data. Paid version helps HR automate comp reviews and communicate total compensation to employees.
Refuel:
LLMs can label data as well as humans, but 100x faster — Looking to clean, label or enrich your data, but taking too much time? Just describe your problem to our LLMs and let them do the work for you in minutes.
LLMs can label data as well as humans, but 100x faster — Looking to clean, label or enrich your data, but taking too much time? Just describe your problem to our LLMs and let them do the work for you in minutes.
Zoho:
Introducing the Sticky Notes extension by Zoho Notebook — Hello, Note-takers! We all love sticky notes. Whether they're for jotting down little doodles or quick reminders, they're undoubtedly fun and handy to use!
Introducing the Sticky Notes extension by Zoho Notebook — Hello, Note-takers! We all love sticky notes. Whether they're for jotting down little doodles or quick reminders, they're undoubtedly fun and handy to use!
Olympix:
Web3 Security: Safeguarding Digital Assets in a Decentralized World — Discover crucial Web3 security practices in the ever-evolving landscape of decentralization and digital assets.
Web3 Security: Safeguarding Digital Assets in a Decentralized World — Discover crucial Web3 security practices in the ever-evolving landscape of decentralization and digital assets.Who's Hiring In Tech?
Techmeme Ride Home:
Mon. 12/11 - Here Come The New Open-Source AI Startups
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via
Apple Podcasts,
Spotify, or
RSS.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 9:35 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
Alex Weprin / The Hollywood Reporter:Alex Sherman / CNBC:
Max Tani / Semafor:
Upcoming Tech Events
More News
| Thomas Stackpole / HBR.org: |
More:
Slate. Tweets: @molly0xfff, @theburningmonk, @marcprecipice, @morganricks1, @ahcastor, @gergelyorosz, and @ryanlcooper
Earlier Picks
| Reuters: |
More:
Financial Times, Wall Street Journal, Nikkei Asia, DigiTimes, 9to5Mac, iThinkDifferent, iPhone in Canada Blog, and The Mac Observer. Tweets: @dnystedt
| Paul Alcorn / Tom's Hardware: |
More:
PCMag, TechRadar, TechSpot, Windows Central, Digital Trends, and HotHardware.com News. Thanks:@paulyalcorn
| Jay Peters / The Verge: |
More:
Philip Elmer‑DeWitt, Insider, Redmond Pie, iPhone in Canada Blog, and Cult of Mac
Tweets: @onleaks, @chriswelch, @starfire2258, @jaypeters, @_gbalaji, @glynmoody, and @campuscodi